
Sluta Gräv AB
Instead use ground screws for patios, fences, docks, signs, etc.
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 36 % | 55 % | 56 % | (29 %) | 37 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (7 %) | 8 % | - | - | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (10 %) | 14 % | 8 % | 10 % | (20 %) | 5 % |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Sluta Gräv AB, which operates internationally as Stop Digging, offers a compelling alternative to traditional concrete foundations through its proprietary ground screw technology. Founded in Helsingborg, Sweden, in 2012 by Kim Olsson and Håkan Liljekvist, the company has established itself as a significant player in the construction industry. The founding concept emerged when Olsson, drawing from his experience in the construction sector, saw the potential of using large screws for anchoring, similar to those used for solar panel installations, as a foundation for a home deck project. He shared this idea with Liljekvist, and they subsequently developed and tested screw prototypes before launching the company.
The core of the business is providing a complete foundation solution that includes both the ground screws and their professional installation. This service model caters to a wide range of clients, from private individuals undertaking DIY projects like decks, fences, and sheds, to business and public sector clients needing foundations for larger structures like site units, sound barriers, and prefabricated houses. The company's business model revolves around this full-service offering, which it provides through a global network of authorized and certified partners. This approach has fueled significant international expansion, with operations in numerous countries across Europe, North America, and New Zealand. In December 2021, the investment firm Sobro acquired a majority stake in the company to support its continued growth and global expansion.
Sluta Gräv's product line consists of hot-dip galvanized steel ground screws of various models, lengths, and dimensions, designed and developed in Sweden to withstand the Nordic climate. These screws, such as the versatile adapter screw and the specialized beam screw, are selected based on the specific load requirements and ground conditions of a project. The key benefit for clients is the significant reduction in time and effort compared to digging and pouring concrete, as the ground screws allow construction to begin immediately after installation. Furthermore, the company highlights the environmental advantages, stating its method produces on average 60% less carbon dioxide emissions than concrete foundations. Professional installers use specialized equipment to pre-drill and fit the screws, ensuring a stable and secure foundation tailored to the project's needs.
Keywords: ground screw, foundation technology, concrete alternative, construction services, ground anchoring, helical piles, foundation installation, sustainable construction, screw foundations, building products, Swedish construction tech, international expansion, civil engineering, building foundations, residential construction, commercial construction, infrastructure projects, galvanized steel screws, certified installers, construction material