Smartlocks Systems International AB

ABActive

Org 5593534331Kungsgatan 32, 111 35 StockholmWholesale of information and communication equipment· NACE 4650Est. 2021 · 4 years old1 employees

Overview

Smartlocks Systems International AB is a Swedish AB based in Stockholm, operating in the Wholesale of information and communication equipment sector. Incorporated in 2021, the company has 1 employee and reported revenue of SEK 1.1m in its latest annual filing.

Revenue 2025

1.1M SEK

−34% vs 2024

EBITDA margin

22.6 %

+410% vs 2024

Net profit 2025

-0M SEK

-112% vs 2024

Key ratios

See full ratios →

79.5 %

Strong

Among the 30% highest rated companies in the industry

20222025

4.9×

Strong

Among the 30% highest rated companies in the industry

20222025

-0.7 %

Weak

Among the 40% lowest rated companies in the industry

20222025

EBITDA — year on year

SEK thousands

Key figures

Annual report 2025

Revenue	1.1M SEK	-34%
EBITDA	0.2M SEK	+410%
Net profit	-0M SEK	-112%
Total assets	0.9M SEK	+18%
Equity	0.8M SEK	-1%
Employees	1	—

Contact

Address

Kungsgatan 32, 111 35 Stockholm

eric@smartlocks.se

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Financial development

In its most recent annual report (2025), Smartlocks Systems International AB reported revenue of SEK 1.1m, a decrease of 34% on the year before. The figures on this page draw on 4 annual filings covering 2022 to 2025. The bottom line showed a net loss of SEK 6.8k, and the EBITDA margin stood at 22.6%.

At the end of 2025, equity financed 79.5% of the balance sheet, and current assets covered short-term debt 4.9 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2025	2024	2023	2022
Revenue	1,070	1,630	1,372	1,221
Staff expenses	-99	-0	-25	-261
EBITDA	241	47	261	-372
Depreciation & amort.	—	—	—	—
EBIT	241	47	261	-372
Net financials	2	11	5	1
Profit before tax	-7	58	266	-371
Tax	—	—	—	—
Net profit	-7	58	266	-371

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Balance sheet

SEK thousands

Item	2025	2024	2023	2022
Total assets	949	805	777	565
Equity	754	761	703	436
Long-term debt	—	—	—	—
Short-term debt	194	44	74	129
Total debt	194	44	74	129

Financial ratios

5-year trend

EBITDA margin

22.6 %

20222025

Equity ratio

79.5 %

Strong

Among the 30% highest rated companies in the industry

20222025

Return on equity

-0.9 %

Weak

Among the 40% lowest rated companies in the industry

20222025

Net profit margin

-0.6 %

Weak

Among the 30% lowest rated companies in the industry

20222025

Asset turnover

1.13×

Average

Around the average of companies in the same industry

20222025

Debt / equity

0.26×

Strong

Among the 30% highest rated companies in the industry

20222025

Sector performance

24 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery strong

Among the 20% highest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginVery strong

Among the 20% highest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 30% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 40% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverAverage

Around the average of companies in the same industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverWeak

Among the 40% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2025
Filed via Bolagsverket / SCB · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2021-12-14 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

Name	Role	Member since
Current (2)
EL Eric Lennart Litton Board of Directors	Board of Directors	2022
ME Magnus Erik Oskarsson Deputy Board Member	Deputy Board Member	2025

Former (2)


KM Karolina Marciniak Litton Deputy Board Member	Deputy Board Member	2023 – 2023
CM Carl Marcus Gustring Deputy Board Member	Deputy Board Member	2022 – 2025

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Smartlocks Systems International AB also hold positions in 15 other companies.

Person	Role here	Other companies
Carl Marcus Gustring	Deputy Board Member	12 companiesMany roles
Karolina Marciniak Litton	Deputy Board Member	1 company
Eric Lennart Litton	Board of Directors	1 company
Magnus Erik Oskarsson	Deputy Board Member	1 company

Frequently asked questions

What is the Org number of Smartlocks Systems International AB?

Smartlocks Systems International AB is registered with Bolagsverket / SCB under Org 5593534331.

What is the revenue of Smartlocks Systems International AB?

Smartlocks Systems International AB reported revenue of SEK 1.1m in 2025.

How many employees does Smartlocks Systems International AB have?

Smartlocks Systems International AB employs 1 people as of the latest annual report.

Where is Smartlocks Systems International AB headquartered?

Smartlocks Systems International AB's registered address is Kungsgatan 32.