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Baltic express AB
AB
Bankrupt
Org 5590753496
Non-specialised retail sale of predominately food, beverages or tobacco · NACE 4711
Est. 2016
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2021
SEK 10,2M
+24% vs 2020
EBITDA margin
-1.6%
-133% vs 2020
Equity ratio
8.3%
Financial strength
Net profit 2021
SEK -127K
-146% vs 2020
EBITDA — year on year
SEK millions
0M
-0M
-1M
-1M
-1M
0M
2017
0M
0%
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
Key figures
Annual report 2021
Revenue
SEK 10,2M
+24%
EBITDA
SEK -160K
-133%
Net profit
SEK -127K
-146%
Total assets
SEK 2,1M
+19%
Equity
SEK 173K
-42%
Employees
0
—
Company information
Legal name
Baltic express AB
Org number
5590753496
Legal form
Aktiebolag
NACE code
4711 · Non-specialised retail sale of predominately food, beverages or tobacco
Founded
6 september 2016
Share capital
SEK 50 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Firman tecknas var för sig av ledamoten suppleanten
Company purpose
Föremålet för bolagets verksamhet är att bedriva livsmedelshandel och partihandel inom livsmedel samt därmed förenlig verksamhet.
Contact
Address
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Companies in Non-specialised retail sale of predominately food, beverages or tobacco
Companies in Båstad
All Sweden companies
Revenue
SEK millions
0M
3M
6M
9M
12M
1M
2017
4M
2018
5M
2019
8M
2020
10M
2021
EBITDA
SEK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
0M
2020
0M
2021
Income statement
SEK thousands
Item
2017
2018
2019
2020
2021
Revenue
1 416
4 085
5 394
8 224
10 197
Staff expenses
—
—
—
—
—
EBITDA
7
—
4
486
−160
Depreciation & amort.
−12
−12
−12
−43
−56
EBIT
−5
−12
−8
443
−216
Net financials
—
—
—
—
−11
Profit before tax
−5
−12
−8
343
−127
Tax
−0
−0
−0
−68
−0
Net profit
−5
−12
−8
275
−127
Balance sheet
SEK thousands
Item
2017
2018
2019
2020
2021
Total assets
701
1 228
1 504
1 748
2 072
Equity
45
34
25
300
173
Long-term debt
621
1 068
39
0
203
Short-term debt
34
126
1 441
1 348
1 696
Total debt
655
1 194
1 480
1 348
1 899
Financial ratios
5-year trend
EBITDA margin
-1.6%
This company
15.8%
Market median
-110% vs market
2017
2021
Equity ratio
8.3%
This company
38.2%
Market median
-78% vs market
2017
2021
Return on equity
-73.4%
This company
18.4%
Market median
-499% vs market
2017
2021
Net profit margin
-1.2%
This company
8.1%
Market median
-115% vs market
2017
2021
Asset turnover
4.92×
This company
1.12×
Market median
+339% vs market
2017
2021
Debt / equity
10.98×
This company
0.62×
Market median
-1671% vs market
2017
2021
Annual reports & filings
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
Annual report 2019
Filed via Bolagsverket / SCB · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Bolagsverket / SCB · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Bolagsverket / SCB · Period 2016-09-01 – 2017-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
AC
Albertas Cikanavicius
Chief Executive Officer
Chief Executive Officer
2021
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
LL
Linas Leminskas
Deputy Board Member
2021
Former (1)
VC
Vida Cikanaviciene
Deputy Board Member
2023 – 2023
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.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of Baltic express AB also hold positions in
0
other companies.
Person
Role here
Other companies
Albertas Cikanavicius
Chief Executive Officer
0 companies
Vida Cikanaviciene
Deputy Board Member
0 companies
Linas Leminskas
Deputy Board Member
0 companies