Devies Digital Core AB
ABActiveOrg 5594088618Vallagatan 14, 411 16 GöteborgComputer programming activities· NACE 6210Est. 2022 · 3 years old12 employees
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Overview
Devies Digital Core AB is a Swedish AB based in Göteborg, operating in the Computer programming activities sector. Incorporated in 2022, the company has 12 employees and reported revenue of SEK 13.1m in its latest annual filing.
Revenue 2025
13.1M SEK
+22% vs 2024
EBITDA margin
−2.7 %
−186% vs 2024
Net profit 2025
-0.5M SEK
-258% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
8.6 %
Very weakAmong the 10% lowest rated companies in the industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
1.1×
Very weakAmong the 20% lowest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
-11.1 %
Very weakAmong the 20% lowest rated companies in the industry
20232025
EBITDA — year on year
SEK thousandsKey figures
Annual report 2025| Revenue | 13.1M SEK | +22% |
| EBITDA | -0.4M SEK | -186% |
| Net profit | -0.5M SEK | -258% |
| Total assets | 4.1M SEK | +26% |
| Equity | 0.4M SEK | -56% |
| Employees | 12 | — |
Company information
Legal name
Devies Digital Core AB
Org number
5594088618
Legal form
Aktiebolag
NACE code
Founded
30 November 2022 · 3 years
Share capital
SEK 25,000
Employees
12 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas var för sig av ledamöterna suppleanten
Company purpose
Företaget ska bedriva konsultverksamhet inriktad mot systemutveckling, systemutvecklingsdesign, systemutvecklings- processer samt därmed förenlig verksamhet. Bolaget ska också kunna äga och förvalta värdepapper.
(no translation available)
Address
Vallagatan 14, 411 16 Göteborg
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2025), Devies Digital Core AB reported revenue of SEK 13.1m, an increase of 22% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of SEK 455.6k, and the EBITDA margin stood at -2.7%.
At the end of 2025, equity financed 8.6% of the balance sheet, and current assets covered short-term debt 1.1 times.
Financials
Revenue
SEK millionsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 13,111 | 10,741 | 5,899 |
| Staff expenses | -10,712 | -8,326 | — |
| EBITDA | -360 | 419 | 24 |
| Depreciation & amort. | -21 | -21 | -7 |
| EBIT | -382 | 397 | 17 |
| Net financials | 2 | 1 | — |
| Profit before tax | -380 | 398 | 17 |
| Tax | -75 | -111 | -21 |
| Net profit | -456 | 288 | -4 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 4,106 | 3,266 | 2,582 |
| Equity | 353 | 808 | 521 |
| Long-term debt | — | — | 0 |
| Short-term debt | 3,754 | 2,458 | 2,061 |
| Total debt | 3,754 | 2,458 | 2,061 |
Financial ratios
5-year trendEBITDA margin
-2.7 %
20232025
Equity ratio
8.6 %
Very weakAmong the 10% lowest rated companies in the industry
20232025
Return on equity
-129.1 %
Very weakAmong the 10% lowest rated companies in the industry
20232025
Net profit margin
-3.5 %
Very weakAmong the 20% lowest rated companies in the industry
20232025
Asset turnover
3.19×
Very strongAmong the 10% highest rated companies in the industry
20232025
Debt / equity
10.64×
Very weakAmong the 10% lowest rated companies in the industry
20232025
Sector performance
25 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same 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 marginVery weak
Among the 20% 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)Very weak
Among the 20% 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 ratioVery weak
Among the 20% 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.
Cash ratioVery weak
Among the 20% 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.
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.
Quick ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
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 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 coverageVery weak
Among the 10% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtStrong
Among the 30% highest 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 turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
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 equityVery weak
Among the 10% 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 20% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
ZM Audit | Audit | 2025 |
MC Chief Executive Officer | Chief Executive Officer | 2023 |
Former (1)
FP Chief Auditor | Chief Auditor | 2022 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
JK Deputy Board Member | Deputy Board Member | 2022 |
SL Chairman | Chairman | 2023 |
MC Board of Directors | Board of Directors | 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 51% | 51% | 2023 |
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Related companies
Company hierarchy
Devies Group AB
Devies Digital Core AB Board network connections
Board members of Devies Digital Core AB also hold positions in 504 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Zlatan Mitrovic | Audit | 267 companiesMany roles |
| Filip Patrik Laurin | Chief Auditor | 210 companiesMany roles |
| Simon Lars Arvid Arvidsson | Chairman | 17 companiesMany roles |
| John Karl Magnus Johansson | Deputy Board Member | 10 companiesMany roles |
Frequently asked questions
What is the Org number of Devies Digital Core AB?
Devies Digital Core AB is registered with Bolagsverket / SCB under Org 5594088618.
What is the revenue of Devies Digital Core AB?
Devies Digital Core AB reported revenue of SEK 13.1m in 2025.
How many employees does Devies Digital Core AB have?
Devies Digital Core AB employs 12 people as of the latest annual report.
Who is the CEO of Devies Digital Core AB?
Mathias Christoffer Kym Hansson is the CEO of Devies Digital Core AB, in role since 2023.
Who is the chairman of Devies Digital Core AB?
Simon Lars Arvid Arvidsson chairs the board of Devies Digital Core AB, in role since 2023.
Where is Devies Digital Core AB headquartered?
Devies Digital Core AB's registered address is Vallagatan 14.