Riskpilot← Back to searchSign inGet full accessFormulate AB
ABActiveOrg 5569396129Klara Södra Kyrkogata 1 8 VånComputer programming activities · NACE 6210Est. 201362 employees
Revenue 2024
SEK 78,6M
+72% vs 2023
EBITDA margin
-33.5%
-12% vs 2023
Equity ratio
0.2%
Financial strength
Net profit 2024
SEK -37,2M
-28% vs 2023
| Revenue | SEK 78,6M | +72% |
| EBITDA | SEK -26,3M | -12% |
| Net profit | SEK -37,2M | -28% |
| Total assets | SEK 75M | -19% |
| Equity | SEK 132K | -99% |
| Employees | 62 | — |
Legal name
Formulate AB
Org number
5569396129
Legal form
Aktiebolag
NACE code
6210 · Computer programming activities
Founded
20 augusti 2013
Share capital
SEK 132 000
Employees
62 (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 Firman tecknas ensam av Haataja, Johan-Eerik Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Bolaget skall bedriva rådgivning och utveckling inom strategi, marknadsföring, varumärke, försäljning och databehandling samt därmed förenlig verksamhet.
Address
Klara Södra Kyrkogata 1 8 Vån
Phone
+46844683645
Email
andreas.willgert@formulate.app
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 | — | — | 571 | 2 010 | 5 625 | 6 581 | 8 920 | 15 893 | 45 738 | 78 565 |
| Staff expenses | — | — | — | — | — | — | — | — | — | — |
| EBITDA | 34 | 8 | −5 711 | −2 135 | −5 036 | −9 392 | −14 717 | −21 148 | −23 467 | −26 311 |
| Depreciation & amort. | −0 | −6 | −6 | −17 | −712 | −1 873 | −3 486 | −4 853 | −4 862 | −9 612 |
| EBIT | 34 | 2 | −5 717 | −2 152 | −5 748 | −11 265 | −18 203 | −26 001 | −28 329 | −35 923 |
| Net financials | −6 | — | −30 | −54 | −92 | −106 | −96 | −1 509 | −794 | −1 323 |
| Profit before tax | 27 | 2 | −5 747 | −2 206 | −5 839 | −11 371 | −18 299 | −27 510 | −29 123 | −37 246 |
| Tax | −11 | −3 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 |
| Net profit | 16 | −1 | −5 747 | −2 206 | −5 839 | −11 371 | −18 299 | −27 510 | −29 123 | −37 246 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 138 | 4 632 | 2 596 | 12 095 | 52 188 | 38 117 | 36 205 | 26 833 | 93 019 | 75 024 |
| Equity | 75 | 4 077 | 797 | 10 322 | 43 023 | 32 483 | 22 322 | 13 305 | 24 183 | 132 |
| Long-term debt | 0 | 0 | 1 000 | 604 | 2 963 | 707 | 217 | 0 | 22 652 | 39 350 |
| Short-term debt | 1 063 | 555 | 799 | 1 169 | 6 201 | 4 926 | 13 666 | 13 528 | 46 183 | 35 542 |
| Total debt | 1 063 | 555 | 1 799 | 1 773 | 9 164 | 5 633 | 13 883 | 13 528 | 68 835 | 74 892 |
EBITDA margin
-33.5%
This company
15.8%
Market median
-312% vs market
20152024
Equity ratio
0.2%
This company
38.2%
Market median
-99% vs market
20152024
Return on equity
-28216.7%
This company
18.4%
Market median
-153452% vs market
20152024
Net profit margin
-47.4%
This company
8.1%
Market median
-685% vs market
20152024
Asset turnover
1.05×
This company
1.12×
Market median
+6% vs market
20152024
Debt / equity
567.36×
This company
0.62×
Market median
-91410% 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 |
|---|---|---|---|---|
JP Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
GL Chief Auditor | Chief Auditor | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Deputy Board Member | 2020 | — | — | |
| Chairman | 2020 | — | — | |
| Deputy Board Member | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2022 | — | — | |
| Deputy Board Member | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2022 | — | — | |
| Deputy Board Member | 2021 | — | — |
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of Formulate AB also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| John Paul Andreas Willgert | Chief Executive Officer | 0 companies |
| Gabriel Lars Dan Forssenius | Chief Auditor | 0 companies |
| Hadar Bo Erik Hadarsson Cars | Deputy Board Member | 0 companies |
| Ivar Martin Strömberg | Chairman | 0 companies |
| Anna Katarina Haupt | Deputy Board Member | 0 companies |
| Olof Arvid Stenback | Board of Directors | 0 companies |
| Rebecka Löthman Rydå | Board of Directors | 0 companies |
| Johan-Eerik Haataja | Chairman | 0 companies |
| Robert Rousseau | Deputy Board Member | 0 companies |
| Coen van Duiven | Board of Directors | 0 companies |
| Tuomo Sakari Pesonen | Board of Directors | 0 companies |
| Emmet John King | Board of Directors | 0 companies |
| Tuomo Juhani Sirkka | Board of Directors | 0 companies |
| Anna Paulina Blomdell | Deputy Board Member | 0 companies |