TechSeed CodeX Mälardalen AB
ABActiveOrg 5594768565Ingenjör Bååths Gata 19, 722 12 VästeråsComputer consultancy and computer facilities management activities· NACE 6220Est. 2024 · 2 years old5 employees
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Overview
TechSeed CodeX Mälardalen AB is a Swedish AB based in Västerås, operating in the Computer consultancy and computer facilities management activities sector. Incorporated in 2024, the company has 5 employees and reported revenue of SEK 8.4m in its latest annual filing.
Revenue 2025
8.4M SEK
+356% vs 2024
EBITDA margin
9.3 %
+223% vs 2024
Net profit 2025
0.7M SEK
+212% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
32.6 %
Very weakAmong the 20% lowest rated companies in the industry
20242025
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
WeakAmong the 30% lowest rated companies in the industry
20242025
Return on assets (ROA)Net profit ÷ Total assets × 100
28.4 %
StrongAmong the 30% highest rated companies in the industry
20242025
EBITDA — year on year
SEK thousandsKey figures
Annual report 2025| Revenue | 8.4M SEK | +356% |
| EBITDA | 0.8M SEK | +223% |
| Net profit | 0.7M SEK | +212% |
| Total assets | 2.5M SEK | +223% |
| Equity | 0.8M SEK | +668% |
| Employees | 5 | — |
Company information
Legal name
TechSeed CodeX Mälardalen AB
Org number
5594768565
Legal form
Aktiebolag
Founded
20 March 2024 · 2 years
Share capital
SEK 100,000
Employees
5 (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 Styrelsen ska bestå av 4 styrelseledamöter och 0 styrelsesuppleanter.
Company purpose
Bolaget ska erbjuda konsulttjänster, projektledning, rådgivning, försäljning av programvara och hårdvara, coaching, samt därmed förenlig verksamhet.
(no translation available)
Contact
Address
Ingenjör Bååths Gata 19, 722 12 Västerås
Email
ann-mari.renmark@techseed.se
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Financial development
In its most recent annual report (2025), TechSeed CodeX Mälardalen AB reported revenue of SEK 8.4m, an increase of 356% on the year before. The figures on this page draw on 2 annual filings covering 2024 to 2025. The bottom line showed a net profit of SEK 716.5k, and the EBITDA margin stood at 9.3%.
At the end of 2025, equity financed 32.6% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Revenue
SEK thousandsEBITDA
SEK thousandsIncome statement
SEK thousands| Item | 2025 | 2024 |
|---|---|---|
| Revenue | 8,416 | 1,847 |
| Staff expenses | -6,535 | -2,130 |
| EBITDA | 784 | -637 |
| Depreciation & amort. | — | — |
| EBIT | 784 | -637 |
| Net financials | 0 | -0 |
| Profit before tax | 743 | -638 |
| Tax | -26 | — |
| Net profit | 716 | -638 |
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Balance sheet
SEK thousands| Item | 2025 | 2024 |
|---|---|---|
| Total assets | 2,523 | 782 |
| Equity | 824 | 107 |
| Long-term debt | — | — |
| Short-term debt | 1,657 | 675 |
| Total debt | 1,657 | 675 |
Financial ratios
5-year trendEBITDA margin
9.3 %
20242025
Equity ratio
32.6 %
Very weakAmong the 20% lowest rated companies in the industry
20242025
Return on equity
87.0 %
Very strongAmong the 10% highest rated companies in the industry
20242025
Net profit margin
8.5 %
AverageAround the average of companies in the same industry
20242025
Asset turnover
3.34×
Very strongAmong the 10% highest rated companies in the industry
20242025
Debt / equity
2.06×
Very weakAmong the 20% lowest rated companies in the industry
20242025
Sector performance
22 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 marginAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same 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 strong
Among the 10% 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)Very strong
Among the 10% 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 30% 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 ratioAverage
Around the average of companies in the same 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.
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 equityVery weak
Among the 20% 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 ratioAverage
Around the average of companies in the same 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 20% 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 20% 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 20% 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 20% 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 debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
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.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 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 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 (1) | ||
AM Chief Executive Officer | Chief Executive Officer | 2024 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
SI Board of Directors | Board of Directors | 2024 |
JT Chairman | Chairman | 2024 |
AM Board of Directors | Board of Directors | 2024 |
Former (1)
NI Board of Directors | Board of Directors | 2024 – 2025 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 61% | 61% | 2026 |
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Company hierarchy
TechSeed AB
TechSeed CodeX Mälardalen AB Board network connections
Board members of TechSeed CodeX Mälardalen AB also hold positions in 44 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Sven Ivar Mørch | Board of Directors | 19 companiesMany roles |
| Nils Ivar Johan Lockne | Board of Directors | 13 companiesMany roles |
| John Tobias Nilsson | Chairman | 11 companiesMany roles |
| Ann-Mari Margot Renmark | Chief Executive Officer | 1 company |
Frequently asked questions
What is the Org number of TechSeed CodeX Mälardalen AB?
TechSeed CodeX Mälardalen AB is registered with Bolagsverket / SCB under Org 5594768565.
What is the revenue of TechSeed CodeX Mälardalen AB?
TechSeed CodeX Mälardalen AB reported revenue of SEK 8.4m in 2025.
How many employees does TechSeed CodeX Mälardalen AB have?
TechSeed CodeX Mälardalen AB employs 5 people as of the latest annual report.
Who is the CEO of TechSeed CodeX Mälardalen AB?
Ann-Mari Margot Renmark is the CEO of TechSeed CodeX Mälardalen AB.
Who is the chairman of TechSeed CodeX Mälardalen AB?
John Tobias Nilsson chairs the board of TechSeed CodeX Mälardalen AB.
Where is TechSeed CodeX Mälardalen AB headquartered?
TechSeed CodeX Mälardalen AB's registered address is Ingenjör Bååths Gata 19.