Riskpilot← Back to searchSign inGet full accessMonark Exercise AB
ABActiveOrg 5561033449Kroons Väg 1Manufacture of sports goods · NACE 3230Est. 19665-9 employees
Revenue 2024
SEK 42,1M
-14% vs 2023
EBITDA margin
-62.9%
-381% vs 2023
Equity ratio
7.6%
Financial strength
Net profit 2024
SEK -22,8M
-1322% vs 2023
| Revenue | SEK 42,1M | -14% |
| EBITDA | SEK -26,5M | -381% |
| Net profit | SEK -22,8M | -1322% |
| Total assets | SEK 41M | -33% |
| Equity | SEK 3,1M | -86% |
| Employees | — | — |
Legal name
Monark Exercise AB
Org number
5561033449
Legal form
Aktiebolag
NACE code
3230 · Manufacture of sports goods
Founded
5 april 1966
Share capital
SEK 3 000 000
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 ensam av Grimaldi, Salvatore Firman tecknas två i förening av ledamöterna Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget skall bedriva fabriks- och handelsrörelse med motions- och ergometercyklar och produkter inom frisvårds- och rehabiliteringsområdet samt därmed förenlig verksamhet.
Address
Kroons Väg 1
Phone
+46281594940
Email
info@monarkexercise.se
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| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | 108 899 | 103 496 | 92 983 | 94 341 | 70 977 | 49 046 | 42 099 |
| Staff expenses | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 4 595 | 454 | 1 062 | 5 307 | 4 275 | 3 458 | 5 339 | 2 261 | −5 506 | −26 484 |
| Depreciation & amort. | — | — | — | — | — | — | — | — | — | — |
| EBIT | 4 595 | 454 | 1 062 | 5 307 | 4 275 | 3 458 | 5 339 | 2 261 | −5 506 | −26 484 |
| Net financials | −514 | −251 | −1 559 | −3 584 | −3 585 | −1 304 | −1 440 | −320 | −1 392 | −1 706 |
| Profit before tax | −81 | 82 | −297 | 249 | 1 059 | 1 754 | 75 | 854 | 2 364 | −22 819 |
| Tax | −5 | −49 | −33 | −131 | −802 | −388 | −140 | −275 | −496 | 1 |
| Net profit | −86 | 33 | −330 | 118 | 257 | 1 366 | −65 | 579 | 1 868 | −22 818 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 63 270 | 67 194 | 69 418 | 86 844 | 65 419 | 61 185 | 65 707 | 52 057 | 60 783 | 40 982 |
| Equity | 17 749 | 17 782 | 17 452 | 17 570 | 17 827 | 19 192 | 19 127 | 19 706 | 22 934 | 3 115 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 44 889 | 49 207 | 51 748 | 69 074 | 47 392 | 40 940 | 45 431 | 31 202 | 36 700 | 37 467 |
| Total debt | 44 889 | 49 207 | 51 748 | 69 074 | 47 392 | 40 940 | 45 431 | 31 202 | 36 700 | 37 467 |
EBITDA margin
-62.9%
This company
15.8%
Market median
-498% vs market
20152024
Equity ratio
7.6%
This company
38.2%
Market median
-80% vs market
20152024
Return on equity
-732.5%
This company
18.4%
Market median
-4081% vs market
20152024
Net profit margin
-54.2%
This company
8.1%
Market median
-769% vs market
20152024
Asset turnover
1.03×
This company
1.12×
Market median
+8% vs market
20152024
Debt / equity
12.16×
This company
0.62×
Market median
-1861% vs market
20152024
- Annual report 2024Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Bolagsverket / SCB · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Bolagsverket / SCB · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Bolagsverket / SCB · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Bolagsverket / SCB · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Bolagsverket / SCB · Period 2015-01-01 – 2015-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SG External Signatory | External Signatory | 2022 | — | — |
OM Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
BD Chief Executive Officer | Chief Executive Officer | 2022 | — | — |
TA Chief Auditor | Chief Auditor | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2022 | — | — | |
| Deputy Board Member | 2022 | — | — | |
| Board of Directors | 2022 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Cycleurope AB | Company | 100.0% | 100.0% | 0001 |
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Grimaldi Industri Aktiebolag
Monark Exercise AB Board members of Monark Exercise AB also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Salvatore Grimaldi | External Signatory | 0 companies |
| Olof Mathias Haga | Chief Executive Officer | 0 companies |
| Bertil Daniel Mäkinen | Chief Executive Officer | 0 companies |
| Thomas Andreas Nielsen | Chief Auditor | 0 companies |
| Kenneth Syvertsen | Board of Directors | 0 companies |
| Tony Erik Saverio Grimaldi | Chairman | 0 companies |
| Olle Fredrik Bertram Jansson | Board of Directors | 0 companies |
| Glenn Paul Nygren | Board of Directors | 0 companies |
| Thomas Olov Norin | Deputy Board Member | 0 companies |
| Mats Åke Hermansson | Board of Directors | 0 companies |