PV Installation Services AB
ABBankruptOrg 5593697484Wholesale of information and communication equipment· NACE 4650Est. 2022 · 4 years old0 employees
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Overview
PV Installation Services AB is a Swedish AB, operating in the Wholesale of information and communication equipment sector. Incorporated in 2022, the company has 0 employees and reported revenue of SEK 400.9m in its latest annual filing.
Revenue 2024
400.9M SEK
+3% vs 2023
EBITDA margin
−3.0 %
+64% vs 2023
Net profit 2024
-15.1M SEK
+59% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
1.4 %
Very weakAmong the 10% lowest rated companies in the industry
20222024
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
WeakAmong the 30% lowest rated companies in the industry
20222024
Return on assets (ROA)Net profit ÷ Total assets × 100
-9.5 %
WeakAmong the 30% lowest rated companies in the industry
20222024
EBITDA — year on year
SEK millionsKey figures
Annual report 2024| Revenue | 400.9M SEK | +3% |
| EBITDA | -12.1M SEK | +64% |
| Net profit | -15.1M SEK | +59% |
| Total assets | 159.4M SEK | +2% |
| Equity | 2.2M SEK | +216% |
| Employees | 0 | — |
Company information
Legal name
PV Installation Services AB
Org number
5593697484
Legal form
Aktiebolag
NACE code
Founded
10 March 2022 · 4 years
Share capital
SEK 25,000
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen
Company purpose
Bolagets verksamhet ska bestå av att sälja, projektera och installera storskaliga solcellsinstallationer.
(no translation available)
Contact
Address
Email
finance.utility@sveasolar.com
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Financial development
In its most recent annual report (2024), PV Installation Services AB reported revenue of SEK 400.9m, an increase of 3% on the year before. The figures on this page draw on 3 annual filings covering 2022 to 2024. The bottom line showed a net loss of SEK 15.1m, and the EBITDA margin stood at -3%.
At the end of 2024, equity financed 1.4% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
SEK millionsEBITDA
SEK millionsIncome statement
SEK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 400,874 | 387,571 | 239,575 |
| Staff expenses | -39,757 | — | — |
| EBITDA | -12,068 | -33,345 | 8,741 |
| Depreciation & amort. | -985 | -725 | -277 |
| EBIT | -13,052 | -34,070 | 8,464 |
| Net financials | -2,073 | -2,770 | -346 |
| Profit before tax | -15,125 | -36,841 | 0 |
| Tax | -0 | -0 | -0 |
| Net profit | -15,125 | -36,841 | 0 |
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Balance sheet
SEK thousands| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total assets | 159,372 | 156,763 | 90,368 |
| Equity | 2,159 | 684 | 30,025 |
| Long-term debt | 31,700 | 42,538 | 0 |
| Short-term debt | 125,513 | 113,541 | 60,343 |
| Total debt | 157,213 | 156,079 | 60,343 |
Financial ratios
5-year trendEBITDA margin
-3.0 %
20222024
Equity ratio
1.4 %
Very weakAmong the 10% lowest rated companies in the industry
20222024
Return on equity
-700.5 %
Very weakAmong the 10% lowest rated companies in the industry
20222024
Net profit margin
-3.8 %
WeakAmong the 30% lowest rated companies in the industry
20222024
Asset turnover
2.52×
StrongAmong the 30% highest rated companies in the industry
20222024
Debt / equity
72.81×
Very weakAmong the 10% lowest rated companies in the industry
20222024
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 10% lowest 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 marginWeak
Among the 30% lowest 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)Very weak
Among the 10% 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 30% 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)Very weak
Among the 10% 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)Weak
Among the 30% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 30% lowest 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 ratioWeak
Among the 40% lowest 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 ratioWeak
Among the 30% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 10% lowest 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.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
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.
Cash conversion ratioWeak
Among the 30% lowest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery weak
Among the 10% lowest 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 ratioVery weak
Among the 10% lowest 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 equityVery weak
Among the 10% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 10% lowest 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 debtWeak
Among the 30% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageWeak
Among the 30% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 20% lowest rated companies in the industry
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 turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same 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 capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AG Chief Auditor | Chief Auditor | 2022 |
Former (1)
PJ Chief Executive Officer | Chief Executive Officer | 2022 – 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
DT Deputy Board Member | Deputy Board Member | 2026 |
PJ Board of Directors | Board of Directors | 2023 |
Former (19)
VE Deputy Board Member | Deputy Board Member | 2022 – 2022 |
CM Board of Directors | Board of Directors | 2025 – 2026 |
AE Board of Directors | Board of Directors | 2022 – 2023 |
BA Board of Directors | Board of Directors | 2022 – 2023 |
JT Deputy Board Member | Deputy Board Member | 2022 – 2022 |
MM Board of Directors | Board of Directors | 2024 – 2025 |
AC Deputy Board Member | Deputy Board Member | 2022 – 2022 |
AC Deputy Board Member | Deputy Board Member | 2022 – 2022 |
CB Chairman | Chairman | 2023 – 2025 |
OK Deputy Board Member | Deputy Board Member | 2022 – 2022 |
HT Board of Directors | Board of Directors | 2023 – 2024 |
EE Deputy Board Member | Deputy Board Member | 2022 – 2022 |
JA Deputy Board Member | Deputy Board Member | 2022 – 2022 |
EM Deputy Board Member | Deputy Board Member | 2022 – 2022 |
AH Deputy Board Member | Deputy Board Member | 2022 – 2022 |
AM Deputy Board Member | Deputy Board Member | 2022 – 2022 |
EA Chairman | Chairman | 2022 – 2023 |
LA Board of Directors | Board of Directors | 2022 – 2022 |
MS Deputy Board Member | Deputy Board Member | 2022 – 2022 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Company hierarchy
SVEA renewable solar AB
PV Installation Services AB Board network connections
Board members of PV Installation Services AB also hold positions in 10243 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Anders Larsson | Board of Directors | 4,115 companiesMany roles |
| Jan Anders Fredrik Lovén | Deputy Board Member | 1,897 companiesMany roles |
| Anna Matilda Sjödin | Deputy Board Member | 867 companiesMany roles |
| Jan Totte Dahlin | Deputy Board Member | 650 companiesMany roles |
| Andreas Hans Eddie Ottosson | Deputy Board Member | 564 companiesMany roles |
| Viktor Elias Bergman Gullmark | Deputy Board Member | 516 companiesMany roles |
| Emma Maria Birgitta Wik | Deputy Board Member | 514 companiesMany roles |
| Mari Sinikka Kovaniemi Feldt | Deputy Board Member | 506 companiesMany roles |
| Anna Gabriella Hermansson | Chief Auditor | 276 companiesMany roles |
| Olina Kristina Maria Wåhlstedt | Deputy Board Member | 72 companiesMany roles |
| Eva Evelina Evelyn Sjöstedt | Deputy Board Member | 70 companiesMany roles |
| Anna Camilla Biström | Deputy Board Member | 69 companiesMany roles |
| David Timner | Deputy Board Member | 31 companiesMany roles |
| Pieter Johan Marcel Godderis | Chief Executive Officer | 30 companiesMany roles |
| Anna Carolina Maria Bjarnhagen | Deputy Board Member | 27 companiesMany roles |
| Björn Axel Lind | Board of Directors | 11 companiesMany roles |
| Michaela Mariana Cronemyr | Board of Directors | 11 companiesMany roles |
| Anne Elisabeth Martinson | Board of Directors | 7 companiesMany roles |
| Erik Anders Ansved Martinson | Chairman | 6 companiesMany roles |
| Cecilia Margareta Wirén | Board of Directors | 2 companies |
| Hans Ted Karlsson | Board of Directors | 2 companies |
Frequently asked questions
What is the Org number of PV Installation Services AB?
PV Installation Services AB is registered with Bolagsverket / SCB under Org 5593697484.
What is the revenue of PV Installation Services AB?
PV Installation Services AB reported revenue of SEK 400.9m in 2024.