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EPAM Systems (Nordic) AB
AB
Active
Org 5567519482
Drottninggatan 55, 111 21
Stockholm
Other software publishing
·
NACE 5829
Est. 2008 · 18 years old
36 employees
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Sweden
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Other software publishing
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EPAM Systems (Nordic) AB
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
SEK millions
740M
555M
370M
185M
0M
2020: 173M
173M
2020
2021: 288M (+66% vs 2020)
288M
+66%
2021
2022: 498M (+73% vs 2021)
498M
+73%
2022
2023: 577M (+16% vs 2022)
577M
+16%
2023
2024: 594M (+3% vs 2023)
594M
+3%
2024
EBITDA
SEK millions
57M
43M
29M
14M
0M
2020: 16M
16M
2020
2021: 27M (+69% vs 2020)
27M
+69%
2021
2022: 46M (+70% vs 2021)
46M
+70%
2022
2023: 41M (-11% vs 2022)
41M
-11%
2023
2024: 45M (+10% vs 2023)
45M
+10%
2024
Income statement
SEK thousands
Item
2024
2023
2022
2021
2020
Revenue
593 746
576 766
498 168
288 373
172 922
Staff expenses
—
—
—
—
—
EBITDA
45 147
40 867
46 043
27 320
15 761
Depreciation & amort.
−431
−451
−405
−283
−237
EBIT
44 716
40 416
45 638
27 037
15 524
Net financials
10 213
−9 557
−18 512
1 182
−5 898
Profit before tax
54 871
36 470
55 508
28 219
9 626
Tax
−11 440
−7 652
−11 541
−5 615
−2 154
Net profit
43 431
28 818
43 967
22 604
7 472
Balance sheet
SEK thousands
Item
2024
2023
2022
2021
2020
Total assets
310 054
306 899
249 571
199 365
130 291
Equity
220 194
176 763
147 945
103 978
81 373
Long-term debt
0
0
0
0
0
Short-term debt
89 803
130 136
101 627
95 387
48 917
Total debt
89 803
130 136
101 627
95 387
48 917
Financial ratios
5-year trend
EBITDA margin
7,6 %
This company
15,8 %
Market median
This company
Market median
52% below market
2020
2024
Equity ratio
71,0 %
This company
38,2 %
Market median
This company
Market median
86% above market
2020
2024
Return on equity
19,7 %
This company
18,4 %
Market median
This company
Market median
7% above market
2020
2024
Net profit margin
7,3 %
This company
8,1 %
Market median
This company
Market median
10% below market
2020
2024
Asset turnover
1,91×
This company
1,12×
Market median
This company
Market median
71% above market
2020
2024
Debt / equity
0,41×
This company
0,62×
Market median
This company
Market median
34% below market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Bolagsverket / SCB · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Bolagsverket / SCB · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Bolagsverket / SCB · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Bolagsverket / SCB · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Bolagsverket / SCB · Period 2020-01-01 – 2020-12-31
View
PDF
More on EPAM Systems (Nordic) AB
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network