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1688 Sweden AB
AB
Active
Org 5590637723
Skyttevägen 6
Other non-specialised retail sale · NACE 4712
Est. 2016
1-4 employees
Watchlist
Share
Overview
Financials
People & ownership
Related companies
Revenue 2024
SEK 11,6M
+49% vs 2023
EBITDA margin
5.1%
+4007% vs 2023
Equity ratio
65.9%
Financial strength
Net profit 2024
SEK 473K
+3253% vs 2023
EBITDA — year on year
SEK millions
1M
1M
1M
0M
0M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
SEK 11,6M
+49%
EBITDA
SEK 586K
+4007%
Net profit
SEK 473K
+3253%
Total assets
SEK 1,5M
+53%
Equity
SEK 960K
+97%
Employees
—
—
Company information
Legal name
1688 Sweden AB
Org number
5590637723
Legal form
Aktiebolag
NACE code
4712 · Other non-specialised retail sale
Founded
24 maj 2016
Share capital
SEK 50 000
Employees
1-4
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen
Company purpose
Aktiebolaget ska bedriva detalj- och grossistförsäljning av skönhetsprodukter.
Contact
Address
Skyttevägen 6
Email
info@1688sweden.com
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Companies in Other non-specialised retail sale
Companies in Danderyd
All Sweden companies
Revenue
SEK millions
0M
3M
7M
10M
14M
5M
2020
5M
2021
9M
2022
8M
2023
12M
2024
EBITDA
SEK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
1M
2024
Income statement
SEK thousands
Item
2020
2021
2022
2023
2024
Revenue
4 552
4 847
8 590
7 795
11 589
Staff expenses
—
—
—
—
—
EBITDA
24
239
33
−15
586
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
24
239
33
−15
586
Net financials
−5
—
−1
—
1
Profit before tax
19
239
33
−15
587
Tax
−0
−0
−0
−0
−114
Net profit
19
239
33
−15
473
Balance sheet
SEK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 373
1 575
1 185
954
1 457
Equity
430
469
502
487
960
Long-term debt
98
0
0
0
0
Short-term debt
845
1 106
684
467
496
Total debt
943
1 106
684
467
496
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2020
2024
Equity ratio
65.9%
This company
38.2%
Market median
+73% vs market
2020
2024
Return on equity
49.3%
This company
18.4%
Market median
+168% vs market
2020
2024
Net profit margin
4.1%
This company
8.1%
Market median
-49% vs market
2020
2024
Asset turnover
7.95×
This company
1.12×
Market median
+610% vs market
2020
2024
Debt / equity
0.52×
This company
0.62×
Market median
+16% vs 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
Management
Actively employed in the business
Name
Role
Member since
Current (1)
YW
Yiping Wang
Chief Executive Officer
Chief Executive Officer
2025
Former (1)
JW
Jian Wang
Chief Executive Officer
Chief Executive Officer
2022 – 2025
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
YZ
Yi Zhang
Deputy Board Member
2025
Shareholders
As of last annual report
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
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of 1688 Sweden AB also hold positions in
0
other companies.
Person
Role here
Other companies
Jian Wang
Chief Executive Officer
0 companies
Yiping Wang
Chief Executive Officer
0 companies
Yi Zhang
Deputy Board Member
0 companies