# HAKI Safety B > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/hakisafetyb). ## Overview HAKI Safety AB is a Swedish company specializing in providing comprehensive safety solutions for work zones, system scaffolds, and digital technical solutions. The company has transitioned from a conglomerate to a focused industrial group, offering a broad range of products designed to enhance safety and efficiency in challenging environments. Recent strategic acquisitions have expanded their product range and geographic reach, particularly in the aviation and train maintenance sectors. HAKI Safety continues to grow organically and through acquisitions, adapting to market demands and increasing its exposure to various industries and regions. ## Products & services • Work zone safety products like catchfans and barrier systems • System scaffolds including weather protection and stair solutions • Digital solutions such as surveying instruments and construction laser tools • Technical support and bespoke platform solutions • Training and service contracts for maintenance controls • Aircraft and train maintenance access platforms • Precision equipment for cadastral and mapping - **Work Zone Safety** (30%) — Includes catchfans, barrier systems, and fall protection - **System Scaffolds** (25%) — Comprises system and frame scaffolding, weather protection - **Digital Solutions** (20%) — Involves surveying instruments and digital design tools - **Maintenance Platforms** (15%) — Access platforms for aircraft and train maintenance - **Precision Equipment** (10%) — High-tech equipment for cadastral and mapping - Work zone safety products like catchfans and barrier systems - System scaffolds including weather protection and stair solutions - Digital solutions such as surveying instruments and construction laser tools - Technical support and bespoke platform solutions - Training and service contracts for maintenance controls - Aircraft and train maintenance access platforms - Precision equipment for cadastral and mapping ## Customers HAKI Safety serves a diverse range of customers across various industries, primarily focusing on those requiring robust safety solutions. Key customer segments include construction companies, industrial firms, and infrastructure developers seeking reliable work zone safety and scaffolding solutions. The recent acquisition of Semmco has expanded their customer base to include international aviation and train companies, highlighting their strategic move into transportation maintenance. Additionally, the acquisition of Trimtec has strengthened their presence in the precision equipment market, catering to customers involved in cadastral and mapping activities. - **Construction and Industrial Firms** (primary) — Purchase safety and scaffolding solutions for temporary workplaces - **Aviation and Train Companies** (secondary) — Acquire maintenance platforms and steps for safe operations - **Mapping and Cadastral Services** (emerging) — Use precision equipment for surveying and mapping - Construction companies needing work zone safety and scaffolding solutions - Industrial firms seeking efficient and safe temporary workplace setups - Infrastructure developers requiring comprehensive safety systems - International aviation companies for aircraft maintenance platforms - Train companies for safe and efficient maintenance access solutions - Mapping and cadastral firms for high-tech precision equipment - Organizations needing digital design and construction tools ## Geography HAKI Safety has a strong presence in the Nordic region, with significant operations in Sweden, Denmark, and Norway. The company has expanded its geographic footprint through strategic acquisitions, notably in the UK and the USA, enhancing its exposure to the aviation and train maintenance markets. The acquisition of Trimtec further solidifies its position in Sweden, with additional sales offices across the country. This geographic diversification helps mitigate risks associated with market fluctuations in individual regions and supports the company's growth strategy. - **Nordics** (60%) - **UK** (20%) - **USA** (10%) - **Other** (10%) - Strong presence in Nordic countries: Sweden, Denmark, and Norway - Expanded operations in the UK and USA through acquisitions - Increased exposure to aviation and train maintenance markets - Trimtec acquisition strengthens Swedish market presence - Geographic diversification mitigates regional market risks ## Strategy HAKI Safety's strategic priorities focus on expanding their product range and geographic reach through acquisitions and organic growth. The company aims to enhance its market position in the work zone safety and maintenance platform sectors by integrating acquired businesses like Semmco and Trimtec. They are also committed to improving operational efficiency and increasing their digital solutions offering. These strategies are designed to strengthen their competitive position, diversify their customer base, and drive long-term sustainable growth. - **Product Range Expansion** (medium-term) — To capture new market segments and enhance offerings - **Geographic Diversification** (long-term) — To mitigate regional risks and tap into new markets - **Operational Efficiency** (short-term) — To improve margins and competitiveness - Expand product range through strategic acquisitions - Enhance market position in safety and maintenance sectors - Integrate acquired businesses for operational synergies - Increase digital solutions offering to meet market demands - Focus on long-term sustainable growth and diversification ## Risks Key risks for HAKI Safety include market volatility in the construction and industrial sectors, which can impact demand for safety solutions. The integration of acquired companies poses operational and financial challenges, particularly in maintaining consistent quality and service levels. Currency fluctuations and geopolitical uncertainties, especially in regions like the UK and USA, can affect financial performance. Additionally, the company faces industry-specific risks such as regulatory changes in safety standards and technological advancements that may require continuous innovation. - **Market Volatility** [high] — Fluctuations in demand for safety solutions - **Integration Challenges** [medium] — Operational and financial risks in acquisitions - **Currency Fluctuations** [medium] — Impact on financial performance due to exchange rates - **Geopolitical Uncertainties** [high] — Potential disruptions in key markets - Market volatility in construction and industrial sectors - Challenges in integrating acquired companies - Currency fluctuations affecting financial performance - Geopolitical uncertainties in key markets like UK and USA - Regulatory changes in safety standards - Need for continuous innovation due to technological advancements ## Accounting HAKI Safety's financial reporting adheres to IFRS standards, with specific attention to revenue recognition and the impact of acquisitions on financial statements. The company uses IAS 34 for interim reporting, ensuring consistency with annual financial statements. Acquisitions like Semmco and Trimtec require careful accounting for goodwill and intangible assets, with potential impacts on earnings due to amortization. Currency fluctuations and the use of alternative performance measurements also play a role in financial analysis. - **Revenue Recognition** - **Goodwill and Intangible Assets** - **Currency Fluctuations** - Adheres to IFRS standards for financial reporting - Uses IAS 34 for interim financial statements - Acquisitions impact goodwill and intangible asset accounting - Amortization affects earnings due to acquisition-related assets - Currency fluctuations influence financial performance - Alternative performance measurements provide additional insights --- *Last updated: 2026-08-11T04:04:53.035882+00:00*