Riskpilot← Back to searchSign inGet full accessDowning Hydro AB
ABActiveOrg 5592641897Production of electricity from renewable sources · NACE 3512Est. 20200 employees
Revenue 2024
SEK 109M
0% vs 2023
EBITDA margin
40.9%
-12% vs 2023
Equity ratio
3.7%
Financial strength
Net profit 2024
SEK -22,6M
+28% vs 2023
| Revenue | SEK 109M | +0% |
| EBITDA | SEK 44,6M | -12% |
| Net profit | SEK -22,6M | +28% |
| Total assets | SEK 1,6B | +1% |
| Equity | SEK 59,9M | +1253% |
| Employees | 0 | — |
Legal name
Downing Hydro AB
Org number
5592641897
Legal form
Aktiebolag
NACE code
3512 · Production of electricity from renewable sources
Founded
20 juli 2020
Share capital
SEK 57 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Firman tecknas av styrelsen Firman tecknas ensam av Dahlström, Carl Henrik Firman tecknas två i förening av Dahlström, Carl Henrik Olofsson, Nils Olof Magnus Wennilsjö, Ulf Mikael Dessutom har verkställande direktören rätt att teckna firman beträffande löpande förvaltningsåtgärder
Company purpose
Föremålet för bolagets verksamhet är att producera, inköpa och försälja elektrisk kraft, bedriva elnätsverksamhet, fjärrvärme-, kraftvärme och fjärrkylaverksamhet, gasverksamhet, drift- och underhållsverksamhet avseende energianläggningar samt konsult- och entreprenadverksamhet i huvudsaklig anslutning till nyssnämnda verksamheter, att driva annan därmed förenlig verksamhet samt att äga och förvalta fast och lös egendom.
Address
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| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 30 993 | 68 507 | 108 941 | 109 027 |
| Staff expenses | — | — | — | — |
| EBITDA | 19 221 | 64 780 | 50 620 | 44 639 |
| Depreciation & amort. | −1 696 | −1 450 | −29 449 | −32 229 |
| EBIT | 17 525 | 982 | 21 171 | 12 410 |
| Net financials | −241 | −4 740 | −46 581 | −56 798 |
| Profit before tax | 9 853 | −3 758 | −25 399 | −9 235 |
| Tax | −2 288 | — | −6 125 | −13 337 |
| Net profit | 7 565 | −3 758 | −31 524 | −22 572 |
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 675 353 | 121 485 | 1 587 627 | 1 600 883 |
| Equity | 86 668 | 3 264 | 4 427 | 59 914 |
| Long-term debt | 571 664 | 109 754 | 1 511 553 | 1 500 717 |
| Short-term debt | 9 582 | 7 612 | 38 747 | 26 240 |
| Total debt | 581 246 | 117 365 | 1 550 300 | 1 526 957 |
EBITDA margin
40.9%
This company
15.8%
Market median
+159% vs market
20212024
Equity ratio
3.7%
This company
38.2%
Market median
-90% vs market
20212024
Return on equity
-37.7%
This company
18.4%
Market median
-305% vs market
20212024
Net profit margin
-20.7%
This company
8.1%
Market median
-356% vs market
20212024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
20212024
Debt / equity
25.72×
This company
0.62×
Market median
-4048% vs market
20212024
- 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 2020-07-01 – 2021-05-31
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
EÅ Chief Auditor | Chief Auditor | 2022 |
UM Chief Executive Officer | Chief Executive Officer | 2023 |
| Former (1) | ||
PF Chief Auditor | Chief Auditor | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
| Board of Directors | 2022 | |
| Chairman | 2021 | |
| Former (5) | ||
| Board of Directors | 2020 – 2021 | |
| Deputy Board Member | 2021 – 2022 | |
| Board of Directors | 2021 – 2022 | |
| Board of Directors | 2020 – 2021 | |
| Chairman | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 0001 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Downing Hydro Sweden HoldCo AB
Downing Hydro AB (this company)Downing Iceland Hydro EhfDOWNING ICELAND HYDRO EHFBoard members of Downing Hydro AB also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Petter Fredrik Engdahl | Chief Auditor | 0 companies |
| Erik Åke Martin Kraft | Chief Auditor | 0 companies |
| Ulf Mikael Wennilsjö | Chief Executive Officer | 0 companies |
| Nils Olof Magnus Olofsson | Board of Directors | 0 companies |
| Helen Susanna Lindvall | Board of Directors | 0 companies |
| Jörgen Samuel Möller | Deputy Board Member | 0 companies |
| Paul James Stasys Mockus | Board of Directors | 0 companies |
| Per Magnus Nyberg | Board of Directors | 0 companies |
| Andreas Rudolf Ture Tiedtke | Chairman | 0 companies |
| Carl Henrik Dahlström | Chairman | 0 companies |