Teqnion AB (publ)

Stockholm Stock Exchange TEQ.ST

Teqnion AB (publ) Gross Profit Margin for the year ending December 31, 2023: 45.47%

Teqnion AB (publ) Gross Profit Margin is 45.47% for the year ending December 31, 2023, a 6.53% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Teqnion AB (publ) Gross Profit Margin for the year ending December 31, 2022 was 42.68%, a -1.72% change year over year.
  • Teqnion AB (publ) Gross Profit Margin for the year ending December 31, 2021 was 43.43%, a 10.40% change year over year.
  • Teqnion AB (publ) Gross Profit Margin for the year ending December 31, 2020 was 39.34%, a 5.59% change year over year.
  • Teqnion AB (publ) Gross Profit Margin for the year ending December 31, 2019 was 37.25%, a -14.41% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Stockholm Stock Exchange: TEQ.ST

Teqnion AB (publ)

CEO Mr. Johan Steene
IPO Date April 4, 2019
Location Sweden
Headquarters Evenemangsgatan 31A
Employees 482
Sector Health Care
Industries
Description

Teqnion AB (publ), a diversified industrial company, operates in the industry, growth, and niche business areas. The company markets and sells instruments and consumables for clinical laboratories and research laboratories. It also offers folding electric wheelchairs for county councils and end users; surge protection/lightning protection, uninterruptible power supply, and potential equalization material products; fasteners, hydraulic components, fittings, gaskets, seals, ball bearings, lifting products, and transmission items for workshops and industrial customers; and lamps and home furnishing products. In addition, the company produces customer-specific building components; builds houses; supplies electromechanical and electronic components for various applications; light sources and luminaires; and specializes in contract manufacturing business. Further, it engages in the refrigerator renovation and rental of refrigerators and bar counters for various events; and chip-cutting metalworking and printing operations. Additionally, the company supplies current and metering transformers; repairs and maintains marine and industrial gas turbines; and markets and sells stainless steel products to professional kitchens. The company also develops, manufactures, sells, and distributes equipment for military exercise firing in the form of various types of indication systems for presentation of firing data; repair and dismantling of vehicles; tailor-made and turnkey solutions for protective vehicles; and supplies weighing scales. Teqnion AB (publ) was incorporated in 2006 and is based in Solna, Sweden.

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StockViz Staff

January 15, 2025

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