B3 Elevate Group AB
ABActiveOrg 5594443920Tegnérgatan 23, 111 40 StockholmComputer programming activities· NACE 6210Est. 2023 · 3 years old5-9 employees
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Overview
B3 Elevate Group AB is a Swedish AB based in Stockholm, operating in the Computer programming activities sector. Incorporated in 2023, the company reported revenue of SEK 885.0k in its latest annual filing.
Revenue 2024
0.9M SEK
EBITDA margin
−98.1 %
−3845% vs 2023
Net profit 2024
-0.9M SEK
-4010% vs 2023
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
2.0 %
Very weakAmong the 10% lowest rated companies in the industry
20232024
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
Very weakAmong the 10% lowest rated companies in the industry
20232024
Return on assets (ROA)Net profit ÷ Total assets × 100
-14.8 %
Very weakAmong the 20% lowest rated companies in the industry
20232024
EBITDA — year on year
SEK thousandsKey figures
Annual report 2024| Revenue | 0.9M SEK | — |
| EBITDA | -0.9M SEK | -3845% |
| Net profit | -0.9M SEK | -4010% |
| Total assets | 5.8M SEK | +984% |
| Equity | 0.1M SEK | -78% |
| Employees | — | — |
Company information
Legal name
B3 Elevate Group AB
Org number
5594443920
Legal form
Aktiebolag
NACE code
Founded
14 August 2023 · 3 years
Share capital
SEK 50,000
Employees
5-9
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas två i förening av ledamöterna Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget ska tillhandahålla konsulttjänster, rådgivning, upphandling, införande och integration av verksamhetssystem för företag och organisationer samt därmed förenlig verksamhet.
(no translation available)
Contact
Address
Tegnérgatan 23, 111 40 Stockholm
Email
info@b3.se
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 (2024), B3 Elevate Group AB reported revenue of SEK 885.0k. The figures on this page draw on 2 annual filings covering 2023 to 2024. The bottom line showed a net loss of SEK 863.0k, and the EBITDA margin stood at -98.1%.
At the end of 2024, equity financed 2% of the balance sheet, and current assets covered short-term debt 0 times.
Financials
Revenue
SEK thousandsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2024 | 2023 |
|---|---|---|
| Revenue | 885 | 0 |
| Staff expenses | — | — |
| EBITDA | -868 | -22 |
| Depreciation & amort. | -0 | -0 |
| EBIT | -868 | -22 |
| Net financials | 5 | 1 |
| Profit before tax | -863 | -21 |
| Tax | -0 | -0 |
| Net profit | -863 | -21 |
Balance sheet
SEK thousands| Item | 2024 | 2023 |
|---|---|---|
| Total assets | 5,823 | 537 |
| Equity | 116 | 529 |
| Long-term debt | 0 | 0 |
| Short-term debt | 5,707 | 8 |
| Total debt | 5,707 | 8 |
Financial ratios
5-year trendEBITDA margin
-98.1 %
20232024
Equity ratio
2.0 %
Very weakAmong the 10% lowest rated companies in the industry
20232024
Return on equity
-744.0 %
Very weakAmong the 10% lowest rated companies in the industry
20232024
Net profit margin
-97.5 %
Very weakAmong the 10% lowest rated companies in the industry
20232024
Asset turnover
0.15×
WeakAmong the 40% lowest rated companies in the industry
20232024
Debt / equity
49.20×
Very weakAmong the 10% lowest rated companies in the industry
20232024
Sector performance
25 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Operating marginVery weak
Among the 10% 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 10% 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)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 10% 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 ratioVery weak
Among the 10% 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 ratioVery weak
Among the 10% 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 equityAverage
Around the average of companies in the same 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 capitalVery weak
Among the 10% 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 ratioWeak
Among the 40% 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 coverageVery weak
Among the 20% lowest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery weak
Among the 10% 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 turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalWeak
Among the 30% lowest 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 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 10% 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) | ||
SD Chief Auditor | Chief Auditor | 2023 |
LD Chief Executive Officer | Chief Executive Officer | 2025 |
Former (2)
KF Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2023 – 2025 |
RP Chief Executive Officer | Chief Executive Officer | 2023 – 2025 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
KF Board of Directors | Board of Directors | 2023 |
DN Board of Directors | Board of Directors | 2026 |
LD Board of Directors | Board of Directors | 2024 |
AK Board of Directors | Board of Directors | 2023 |
RP Board of Directors | Board of Directors | 2023 |
PF Chairman | Chairman | 2023 |
Former (4)
AM Board of Directors | Board of Directors | 2023 – 2023 |
SI Board of Directors | Board of Directors | 2023 – 2023 |
MI Board of Directors | Board of Directors | 2024 – 2026 |
LW Chairman | Chairman | 2023 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 57% | 57% | 2025 |
Related companies
Company hierarchy
B3 Consulting Group AB (publ)
B3 Elevate Group AB Board network connections
Board members of B3 Elevate Group AB also hold positions in 883 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Lars Wolger Svedin | Chairman | 624 companiesMany roles |
| Susanna Daniella Norlin | Chief Auditor | 57 companiesMany roles |
| Anna Maria Lilly Öhman | Board of Directors | 55 companiesMany roles |
| Siv Inger Backman | Board of Directors | 40 companiesMany roles |
| André Karlsson | Board of Directors | 37 companiesMany roles |
| Daniel Nils Stefan Juhlin | Board of Directors | 30 companiesMany roles |
| Pär Fredrik Dolléus | Chairman | 24 companiesMany roles |
| Martin Ingemar Stenström | Board of Directors | 9 companiesMany roles |
| Rolf Patrik Blomberg | Chief Executive Officer | 3 companies |
| Karl Filip Korn | Deputy Chief Executive Officer | 2 companies |
| Lars Daniel Cato | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the Org number of B3 Elevate Group AB?
B3 Elevate Group AB is registered with Bolagsverket / SCB under Org 5594443920.
What is the revenue of B3 Elevate Group AB?
B3 Elevate Group AB reported revenue of SEK 885.0k in 2024.
Who is the CEO of B3 Elevate Group AB?
Lars Daniel Cato is the CEO of B3 Elevate Group AB, in role since 2025.
Who is the chairman of B3 Elevate Group AB?
Pär Fredrik Dolléus chairs the board of B3 Elevate Group AB.
Where is B3 Elevate Group AB headquartered?
B3 Elevate Group AB's registered address is Tegnérgatan 23.