Second First AB
ABActiveOrg 5594579848Thulegatan 3 A, 903 26 UmeåRetail sale of second-hand goods· NACE 4779Est. 2023 · 2 years old1-4 employees
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Overview
Second First AB is a Swedish AB based in Umeå, operating in the Retail sale of second-hand goods sector. Incorporated in 2023, the company reported revenue of SEK 586.1k in its latest annual filing.
Revenue 2025
0.6M SEK
+15% vs 2024
EBITDA margin
−259.4 %
+21% vs 2024
Net profit 2025
-0M SEK
-52% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
85.2 %
Very strongAmong the 20% highest rated companies in the industry
20242025
Liquidity ratioCurrent assets ÷ Short-term debt
6.4×
StrongAmong the 30% highest rated companies in the industry
20242025
Return on assets (ROA)Net profit ÷ Total assets × 100
-0.6 %
WeakAmong the 40% lowest rated companies in the industry
20242025
EBITDA — year on year
SEK thousandsKey figures
Annual report 2025| Revenue | 0.6M SEK | +15% |
| EBITDA | -1.5M SEK | +21% |
| Net profit | -0M SEK | -52% |
| Total assets | 2.4M SEK | -7% |
| Equity | 2M SEK | -1% |
| Employees | — | — |
Company information
Legal name
Second First AB
Org number
5594579848
Legal form
Aktiebolag
NACE code
Founded
20 November 2023 · 2 years
Share capital
SEK 25,000
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas av ledamoten i förening med suppleanten
Company purpose
Föremålet för bolagets verksamhet är att bedriva butiksförsäljning och därmed förenlig verksamhet. Butiksförsäljningen skall ske med inriktning mot kläder, möbler och inredning med fokuspå second-hand och återbruk.
(no translation available)
Contact
Address
Thulegatan 3 A, 903 26 Umeå
Email
john.valfridsson@kajeka.se
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Financial development
In its most recent annual report (2025), Second First AB reported revenue of SEK 586.1k, an increase of 15% on the year before. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net loss of SEK 13.3k, and the EBITDA margin stood at -259.4%.
At the end of 2025, equity financed 85.2% of the balance sheet, and current assets covered short-term debt 6.4 times.
Financials
Revenue
SEK thousandsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2025 | 2024 |
|---|---|---|
| Revenue | 586 | 511 |
| Staff expenses | -925 | -829 |
| EBITDA | -1,521 | -1,920 |
| Depreciation & amort. | -36 | -9 |
| EBIT | -1,556 | -1,929 |
| Net financials | 2 | 1 |
| Profit before tax | -13 | -9 |
| Tax | -0 | -0 |
| Net profit | -13 | -9 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 |
|---|---|---|
| Total assets | 2,351 | 2,528 |
| Equity | 2,003 | 2,016 |
| Long-term debt | 0 | 0 |
| Short-term debt | 348 | 512 |
| Total debt | 348 | 512 |
Financial ratios
5-year trendEBITDA margin
-259.4 %
20242025
Equity ratio
85.2 %
Very strongAmong the 20% highest rated companies in the industry
20242025
Return on equity
-0.7 %
WeakAmong the 40% lowest rated companies in the industry
20242025
Net profit margin
-2.3 %
WeakAmong the 30% lowest rated companies in the industry
20242025
Asset turnover
0.25×
WeakAmong the 30% lowest rated companies in the industry
20242025
Debt / equity
0.17×
Very strongAmong the 20% highest rated companies in the industry
20242025
Sector performance
27 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 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 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 weak
Among the 10% 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 ratioVery weak
Among the 10% 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 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 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 equityStrong
Among the 30% 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 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 ratioVery strong
Among the 10% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioVery strong
Among the 20% 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 ratioVery strong
Among the 20% 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 equityVery strong
Among the 20% 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 equityVery strong
Among the 20% 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 weak
Among the 10% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest rate on debtVery strong
Among the 10% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginWeak
Among the 40% 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.
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.
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 turnoverStrong
Among the 30% highest 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 20% 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 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 strong
Among the 20% highest rated companies in the 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 businessNo data on file.
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal ownersNo shareholder data available.
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Second First AB Frequently asked questions
What is the Org number of Second First AB?
Second First AB is registered with Bolagsverket / SCB under Org 5594579848.
What is the revenue of Second First AB?
Second First AB reported revenue of SEK 586.1k in 2025.
Where is Second First AB headquartered?
Second First AB's registered address is Thulegatan 3 A.