Baltic Link AB

ABActive

Org 5594262973Narvavägen 7, 114 60 StockholmSea and coastal freight water transport· NACE 5020Est. 2023 · 3 years old0 employees

Overview

Baltic Link AB is a Swedish AB based in Stockholm, operating in the Sea and coastal freight water transport sector. Incorporated in 2023, the company has 0 employees and reported revenue of SEK 8.3k in its latest annual filing.

Revenue 2025

8.3K SEK

0% vs 2024

EBITDA margin

67.5 %

+5% vs 2024

Net profit 2025

2.7K SEK

+10% vs 2024

Key ratios

See full ratios →

55.0 %

Strong

Among the 40% highest rated companies in the industry

20232025

0.9×

Weak

Among the 30% lowest rated companies in the industry

20232025

11.0 %

Strong

Among the 30% highest rated companies in the industry

20232025

EBITDA — year on year

SEK

Key figures

Annual report 2025

Revenue	8.3K SEK	0%
EBITDA	5.6K SEK	+5%
Net profit	2.7K SEK	+10%
Total assets	24.7K SEK	-11%
Equity	13.6K SEK	+1%
Employees	0	—

Contact

Address

Narvavägen 7, 114 60 Stockholm

ekonomi@leomar.se

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Financial development

In its most recent annual report (2025), Baltic Link AB reported revenue of SEK 8.3k, broadly in line with the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of SEK 2.7k, and the EBITDA margin stood at 67.5%.

At the end of 2025, equity financed 55% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Revenue

SEK

EBITDA

SEK

Income statement

SEK thousands

Item	2025	2024	2023
Revenue	8	8	0
Staff expenses	-0	-0	—
EBITDA	6	5	-1
Depreciation & amort.	-2	-2	-0
EBIT	3	3	-1
Net financials	-1	-1	—
Profit before tax	3	2	0
Tax	-0	-0	-0
Net profit	3	2	0

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Balance sheet

SEK thousands

Item	2025	2024	2023
Total assets	25	28	25
Equity	14	14	25
Long-term debt	8	11	0
Short-term debt	3	4	0
Total debt	11	14	—

Financial ratios

5-year trend

EBITDA margin

67.5 %

20232025

Equity ratio

55.0 %

Strong

Among the 40% highest rated companies in the industry

20232025

Return on equity

20.1 %

Strong

Among the 40% highest rated companies in the industry

20232025

Net profit margin

32.9 %

Very strong

Among the 10% highest rated companies in the industry

20232025

Asset turnover

0.34×

Weak

Among the 30% lowest rated companies in the industry

20232025

Debt / equity

0.82×

Strong

Among the 40% highest rated companies in the industry

20232025

Sector performance

28 of 28 ratios graded

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

Profitability

Gross marginWeak

Among the 40% 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 marginVery strong

Among the 10% 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 marginVery strong

Among the 10% highest 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)Strong

Among the 40% highest 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)Strong

Among the 30% highest 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)Strong

Among the 40% highest 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)Strong

Among the 40% 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 ratioVery strong

Among the 10% 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 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 30% 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityVery strong

Among the 10% 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.

Fixed assets to long-term capitalWeak

Among the 40% lowest rated companies in the 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioStrong

Among the 40% 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 ratioAverage

Around the average of companies in the same 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 40% 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 40% 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 debtStrong

Among the 40% highest rated companies in the industry

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

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

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

Interest coverageAverage

Around the average of companies in the same industry

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

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

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

Interest marginStrong

Among the 40% highest 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 turnoverWeak

Among the 30% lowest rated companies in the industry

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

Inventory turnoverWeak

Among the 30% 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 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 equityAverage

Around the average of companies in the same industry

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

One-year change in debtStrong

Among the 30% highest 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 2023-03-01 – 2023-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
SE Serhat Eliacik Chief Auditor	Chief Auditor	2023

Board of directors

Non-executive oversight

Name	Role	Member since
Current (4)
BG Bengt Göran Andersson Board of Directors	Board of Directors	2025
MH Marie Helene Lefvedahl Deputy Board Member	Deputy Board Member	2025
PE Per Elling Ellingsen Chairman	Chairman	2025
HG Hans Günter Patrik von Hacht Board of Directors	Board of Directors	2025

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Baltic Link AB also hold positions in 229 other companies.

Person	Role here	Other companies
Serhat Eliacik	Chief Auditor	189 companiesMany roles
Hans Günter Patrik von Hacht	Board of Directors	15 companiesMany roles
Per Elling Ellingsen	Chairman	13 companiesMany roles
Bengt Göran Andersson	Board of Directors	6 companiesMany roles
Marie Helene Lefvedahl	Deputy Board Member	6 companiesMany roles

Frequently asked questions

What is the Org number of Baltic Link AB?

Baltic Link AB is registered with Bolagsverket / SCB under Org 5594262973.

What is the revenue of Baltic Link AB?

Baltic Link AB reported revenue of SEK 8.3k in 2025.

Who is the chairman of Baltic Link AB?

Per Elling Ellingsen chairs the board of Baltic Link AB, in role since 2025.

Where is Baltic Link AB headquartered?

Baltic Link AB's registered address is Narvavägen 7.