Riskpilot← Back to searchSign inGet full accessWestermo Network Technologies AB
ABActiveOrg 5563612604Metallverksgatan 6 3trManufacture of communication equipment · NACE 2630Est. 1989207 employees
Revenue 2024
SEK 701,8M
-18% vs 2023
EBITDA margin
10.6%
-45% vs 2023
Equity ratio
27.5%
Financial strength
Net profit 2024
SEK 17,5M
-27% vs 2023
| Revenue | SEK 701,8M | -18% |
| EBITDA | SEK 74,5M | -45% |
| Net profit | SEK 17,5M | -27% |
| Total assets | SEK 962,1M | +1% |
| Equity | SEK 264,9M | +7% |
| Employees | 207 | — |
Legal name
Westermo Network Technologies AB
Org number
5563612604
Legal form
Aktiebolag
NACE code
2630 · Manufacture of communication equipment
Founded
7 juni 1989
Share capital
SEK 1 000 000
Employees
207 (FTE)
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 firmanbeträffande löpande förvaltningsåtgärder
Company purpose
Aktiebolaget ska utveckla, konstruera samt försälja utrustning inom området elektronik och data med huvudsaklig inriktning mot datakommunikation, styrning och övervakning av industriella processer och därmed förenlig verksamhet.
Address
Metallverksgatan 6 3tr
Phone
+46215480800
Email
nina.olsson-avdic@westermo.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | 352 047 | 455 929 | 513 230 | 471 348 | 442 135 | 552 212 | 853 161 | 701 799 |
| Staff expenses | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 15 171 | 1 756 | 16 004 | 30 465 | 49 359 | 47 831 | 13 300 | 33 248 | 135 957 | 74 457 |
| Depreciation & amort. | −5 918 | −5 674 | −4 130 | −7 420 | −8 734 | −13 983 | −13 016 | −11 137 | −10 271 | −8 861 |
| EBIT | 9 253 | −3 918 | 11 874 | 23 045 | 40 625 | 33 848 | 284 | 22 111 | 125 686 | 65 596 |
| Net financials | 1 238 | 11 227 | 6 494 | −2 824 | 26 073 | 17 288 | −4 570 | −29 860 | −4 661 | −5 936 |
| Profit before tax | 17 771 | 13 527 | 783 | 1 232 | 21 052 | 11 996 | 17 473 | 20 732 | 26 920 | 18 011 |
| Tax | −4 040 | −3 | 1 341 | −1 367 | −205 | −157 | −49 | −0 | −2 922 | −471 |
| Net profit | 13 731 | 13 524 | 2 124 | −135 | 20 847 | 11 839 | 17 424 | 20 732 | 23 998 | 17 540 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 229 338 | 245 069 | 284 403 | 317 577 | 725 762 | 670 661 | 702 524 | 794 289 | 955 160 | 962 076 |
| Equity | 94 390 | 107 914 | 151 378 | 152 488 | 173 335 | 185 173 | 202 597 | 223 329 | 247 327 | 264 867 |
| Long-term debt | 34 812 | 36 337 | 35 517 | 35 880 | 377 220 | 350 958 | 376 404 | 403 699 | 407 474 | 462 931 |
| Short-term debt | 67 575 | 69 153 | 91 763 | 124 638 | 170 593 | 128 816 | 116 539 | 159 568 | 281 990 | 203 460 |
| Total debt | 102 387 | 105 490 | 127 280 | 160 518 | 547 813 | 479 774 | 492 943 | 563 267 | 689 464 | 666 391 |
EBITDA margin
10.6%
This company
15.8%
Market median
-33% vs market
20152024
Equity ratio
27.5%
This company
38.2%
Market median
-28% vs market
20152024
Return on equity
6.6%
This company
18.4%
Market median
-64% vs market
20152024
Net profit margin
2.5%
This company
8.1%
Market median
-69% vs market
20152024
Asset turnover
0.73×
This company
1.12×
Market median
-35% vs market
20152024
Debt / equity
2.63×
This company
0.62×
Market median
-324% 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 |
|---|---|---|---|---|
MN Audit | Audit | 2022 | — | — |
JP Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
UL | Audit | 2020 | — | — |
KJ Deputy Chief Executive Officer | Deputy Chief Executive Officer | 2020 | — | — |
JE Chief Auditor | Chief Auditor | 2024 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2020 | — | — | |
| Deputy Board Member | 2020 | — | — | |
| Chairman | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2020 | — | — | |
| Board of Directors | 2020 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Ependion AB | Company | 100.0% | 100.0% | 0001 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Ependion AB
Westermo Network Technologies AB (this company)Westermo Data Communications Pty LtdEltec Elektronik AgVirtual Access Holding LtdWestermo Eltec GmbhWestermo Data Communications SlWestermo Data Communications Pte LtdNera Management AgWestermo India Private LtdWestermo Data Communications A/SWestermo Data Communications SarlWestermo Data Communications GmbhWestermo Data Communications LtdWESTERMO DATA COMMUNICATIONS PTY LTDWESTERMO DATA COMMUNICATIONS LTDWESTERMO DATA COMMUNICATIONS A/SWESTERMO DATA COMMUNICATIONS SARLVIRTUAL ACCESS HOLDING LTDNERA MANAGEMENT AGWESTERMO DATA COMMUNICATIONS PTE LTDWESTERMO ELTEC GMBHWESTERMO DATA COMMUNICATIONS SLWESTERMO DATA COMMUNICATIONS GMBHWESTERMO INDIA PRIVATE LTDBoard members of Westermo Network Technologies AB also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Mikael Nilsson | Audit | 0 companies |
| Jenny Paulina Sjödahl | Chief Executive Officer | 0 companies |
| Ulrika Linnéa Klacksell | Audit | 0 companies |
| Kjell Johan Inestam | Deputy Chief Executive Officer | 0 companies |
| Jonas Ebbe Nihlberg | Chief Auditor | 0 companies |
| Mikael Ismo Vingkvist | Board of Directors | 0 companies |
| Tomas Gunnar Malmqvist | Deputy Board Member | 0 companies |
| Anders Joakim Laurén | Chairman | 0 companies |
| Karl John Richard Palm | Board of Directors | 0 companies |
| Per Johan Ture Samuelsson | Chairman | 0 companies |
| Gesar Leif Rune Hansson | Board of Directors | 0 companies |