Answer all my questions in English
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Search for Spotify
I will search for companies with the name "Spotify" in the Swedish market.
I found two companies with the name "Spotify" in the Swedish market:
| Company Name | Org. Number |
|---|---|
| Spotify Themis AB | 5592449242 |
| Spotify AB | 5567037485 |
If you would like more detailed information about any of these companies, please let me know which one you are interested in.
Give me more information about number 2
I will retrieve more detailed information about Spotify AB with the organization number 5567037485.
Here is the detailed information about Spotify AB:
- Organization Number: 5567037485
- Company Name: Spotify AB
- Address: Regeringsgatan 19 5tr, 11153 Stockholm, Sweden
- Phone Number: 070-0000000
- Status: Active
- Company Formed Date: 12th April 2006
- Registration Date: 10th May 2006
- Legal Group: Privat aktiebolag (Private limited company)
- F-tax Registered: Yes (Since 14th September 2006)
- VAT Registered: Yes (Since September 2006)
- SNI Code: 63110 (Data processing, hosting, and related activities)
- Top Director: Ek Daniel Georg (CEO)
- Turnover Interval: More than 10,000,000 TSEK
- Number of Employees Interval: 1000-1499 employees
Activity Description:
- The company is engaged in providing internet-related services within digital media such as music, games, and TV. It also owns and manages real and personal property, owns shares and interests in subsidiaries and other companies, and provides administrative services for these companies and related activities.
Company Sign:
- The company is signed by the board and individually by the members and the deputy.
- Individually signed by Katarina Sachiko Berg and Stig Gustav Victor Söderström.
Group Structure:
- Spotify AB is 100% owned and is part of a group with the closest group mother organization number 10001060668 in Sweden.
If you need further information or analysis, feel free to ask!
Give me their most important financial information
I will retrieve the most important financial information for Spotify AB. Please hold on.
Here is the financial information for Spotify AB over the past few years:
| Year | Net Sales (TSEK) | Operating Result (TSEK) | EBITDA (TSEK) | Net Profit/Loss (TSEK) | Quick Ratio (%) | Solidity (%) | Degree of Debt | Interest Coverage (EBITDA) |
|---|---|---|---|---|---|---|---|---|
| 2023 | 88,766,846 | -2,003,128 | 654,530 | -1,894,831 | 93 | 43.5 | 1.3 | 2.89 |
| 2022 | 77,992,123 | -3,756,021 | -2,079,043 | -4,757,506 | 79.2 | 44 | 1.27 | 0.75 |
| 2021 | 60,983,463 | -107,290 | 1,170,728 | 4,055,213 | 89.6 | 49 | 1.04 | -16.77 |
| 2020 | 49,468,447 | -2,622,715 | -1,776,412 | -4,049,392 | 70 | 44.4 | 1.25 | -0.94 |
| 2019 | 44,387,273 | -245,865 | 357,751 | -302,351 | 100.4 | 51.5 | 0.94 | 3.55 |
Analysis
- Net Sales: Spotify AB has shown a consistent increase in net sales over the years, reaching 88.8 billion SEK in 2023.
- Operating Result: The company has faced operating losses in all years, with the least loss in 2021.
- EBITDA: The EBITDA was positive in 2023, 2021, and 2019, indicating some operational profitability in those years.
- Net Profit/Loss: The company has faced net losses in most years, except for 2021, where it reported a profit.
- Quick Ratio: The quick ratio has remained relatively stable, indicating a consistent ability to cover short-term liabilities.
- Solidity: The solidity percentage has been relatively stable, reflecting a moderate level of financial stability.
- Degree of Debt: The degree of debt has been increasing slightly, indicating a higher reliance on borrowed funds.
- Interest Coverage: The interest coverage ratio has fluctuated, with negative values in some years, indicating challenges in covering interest expenses from operating earnings.
Chart Representation
Please consult a financial professional before making investment decisions.
Generated Friday 10. January 2025 01:10. Want to talk to this AI yourself?