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Volvo Group Connected Solutions AB
AB
Active
Org 5591537823
Lindholmspiren 5 B, 417 56
Göteborg
Wired, wireless, and satellite telecommunication activities
·
NACE 6110
Est. 2018 · 8 years old
414 employees
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Sweden
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Companies
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Wired, wireless, and satellite telecommunication activities
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Volvo Group Connected Solutions AB
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
SEK millions
2.3B
1.7B
1.1B
0.6B
-0.0B
2020: 0.9B
0.9B
2020
2021: 1.1B (+18% vs 2020)
1.1B
+18%
2021
2022: 1.3B (+27% vs 2021)
1.3B
+27%
2022
2023: 1.6B (+18% vs 2022)
1.6B
+18%
2023
2024: 1.8B (+14% vs 2023)
1.8B
+14%
2024
EBITDA
SEK millions
209M
157M
105M
52M
0M
2020: 65M
65M
2020
2021: 41M (-37% vs 2020)
41M
-37%
2021
2022: 82M (+100% vs 2021)
82M
+100%
2022
2023: 83M (+1% vs 2022)
83M
+1%
2023
2024: 168M (+102% vs 2023)
168M
+102%
2024
Income statement
SEK thousands
Item
2024
2023
2022
2021
2020
Revenue
1 824 221
1 597 302
1 348 872
1 064 712
899 422
Staff expenses
—
—
—
—
—
EBITDA
168 033
83 381
81 989
41 471
65 222
Depreciation & amort.
—
—
—
—
—
EBIT
168 033
83 381
81 989
41 471
65 222
Net financials
11 245
12 306
3 417
−498
−2 169
Profit before tax
−225
1 187
7 061
−57 581
64 124
Tax
−2 117
−241
−1 671
11 754
−13 856
Net profit
−2 342
946
5 390
−45 827
50 268
Balance sheet
SEK thousands
Item
2024
2023
2022
2021
2020
Total assets
787 139
689 098
542 926
502 207
342 441
Equity
86 674
89 238
88 403
83 152
128 979
Long-term debt
6 919
4 175
2 419
2 661
2 381
Short-term debt
693 261
595 685
452 104
416 381
211 056
Total debt
700 180
599 860
454 523
419 042
213 437
Financial ratios
5-year trend
EBITDA margin
9,2 %
This company
15,8 %
Market median
This company
Market median
42% below market
2020
2024
Equity ratio
11,0 %
This company
38,2 %
Market median
This company
Market median
71% below market
2020
2024
Return on equity
−2,7 %
This company
18,4 %
Market median
This company
Market median
115% below market
2020
2024
Net profit margin
−0,1 %
This company
8,1 %
Market median
This company
Market median
101% below market
2020
2024
Asset turnover
2,32×
This company
1,12×
Market median
This company
Market median
107% above market
2020
2024
Debt / equity
8,08×
This company
0,62×
Market median
This company
Market median
>999% above 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 Volvo Group Connected Solutions AB
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Headline figures, risk assessment and company summary
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Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
