# Tempest Security

> 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/tempestsecurity).

## Overview

Tempest Security AB is a Swedish security services group based in Stockholm with operations in Sweden, Denmark, and the United Kingdom. The company provides tailored security solutions that combine guarding, monitoring, technical security services, investigations, and risk-related support through its operating subsidiaries.

## Products & services

• Guarding and mobile patrol services
• Alarm center and SOC monitoring
• CCTV, alarm, and access control services
• Personal protection and security investigations
• Background checks and risk-related services
• Security installation project support and service

- **Security Solutions** (70%) — Guarding, monitoring, alarm response, and technical security services delivered mainly in Sweden.
- **Risk Solutions** (30%) — International risk-related services including investigations, background checks, and specialist security support.

- Guarding and mobile patrol services
- Alarm center and SOC monitoring
- CCTV, alarm, and access control services
- Personal protection and security investigations
- Background checks and risk-related services
- Security installation project support and service

## Customers

Tempest Security serves organizations that need outsourced protection, monitoring, and specialist security support rather than in-house security teams. Its customers include businesses and institutions that value flexible service, national coverage, and long-term security partnerships. The company also supports clients with higher-risk or more complex operating environments through its risk-oriented services.

- **Guarding and patrol clients** (primary) — Buy stationed guards, mobile patrols, and alarm response to protect premises and people.
- **Monitoring and technical security clients** (primary) — Buy SOC monitoring, CCTV, alarm, and access-control services to improve oversight.
- **Risk and investigations clients** (secondary) — Buy background checks, investigations, and specialist risk support for sensitive needs.
- **Cross-border and multi-site customers** (secondary) — Buy standardized security support across Sweden, Denmark, and the UK.

- Commercial and institutional clients needing outsourced guarding
- Customers requiring 24/7 monitoring and alarm response
- Organizations buying CCTV, access, and alarm support
- Clients seeking investigations and background checks
- Businesses with higher security sensitivity or public exposure

## Geography

Tempest Security is headquartered in Stockholm and operates primarily in Sweden, where Security Solutions is centered. It also has established operations in Denmark and the United Kingdom, which support its Risk Solutions and broader international service capability. Geography matters because the business depends on local labor availability, regulatory conditions, and the ability to provide consistent service coverage across markets.

- **Sweden** (70%) — Core market for Security Solutions and main operating base
- **Denmark** (15%) — Established operating market and part of Nordic focus
- **United Kingdom** (10%) — Operating market for international risk-related services
- **Other international markets** (5%) — Partner-network supported risk services

- Headquartered in Stockholm, Sweden
- Primary operating base and largest workforce in Sweden
- Established in Denmark since 2020
- Established in the United Kingdom since 2017
- International risk services supported by a partner network

## Strategy

Tempest Security is focused on a more concentrated Nordic security platform, with Sweden and Denmark described as its core markets. The company emphasizes tailored, higher-quality security delivery, stronger operational control, and better utilization of its service network to support long-term growth. Its strategy also includes improving service efficiency and using its monitoring and partner-based model to broaden coverage without relying only on direct installation capacity.

- **Concentrate on core Nordic markets** (short-term) — A narrower geographic focus improves control, service quality, and execution consistency.
- **Strengthen operational efficiency** (medium-term) — Better staffing and contract management improve the economics of labor-intensive security services.
- **Build around SOC and technical services** (medium-term) — Monitoring and technical security services can deepen customer relationships and support recurring service demand.

- Focus on Sweden and Denmark as core markets
- Prioritize higher-quality, tailored security services
- Improve staffing efficiency and contract execution
- Use SOC and monitoring to strengthen service differentiation
- Expand coverage through partner network rather than direct installs

## Risks

Tempest Security faces operational risks typical of labor-intensive security services, including staffing quality, contract pricing pressure, and customer retention. The business is also exposed to seasonality, macroeconomic uncertainty, and credit risk because it provides services on payment terms and depends on ongoing customer demand. Cross-border operations add exposure to regulatory differences, labor conditions, and geopolitical uncertainty that can affect security demand and operating costs.

- **Seasonal revenue and cash flow variation** [medium] — The company states that Q1 and Q4 are normally the weakest quarters, affecting comparability and liquidity planning.
- **Operational delivery and personnel risk** [high] — Security services depend on correct recruitment, training, and supervision; failures can create service or liability issues.
- **Customer concentration and contract renewal risk** [high] — Large contracts can represent meaningful revenue, and loss of a major client can quickly affect utilization.
- **Pricing pressure versus wage inflation** [high] — If contract prices cannot be adjusted to offset wage or other cost increases, margins and project economics weaken.
- **Macroeconomic and geopolitical uncertainty** [medium] — Inflation, interest rates, trade disruption, and geopolitical tensions can affect demand, costs, and client budgets.

- Seasonality: Q1 and Q4 are typically weaker than other quarters
- Labor and staffing quality affect service delivery and liability risk
- Customer concentration can raise credit and renewal risk
- Contract pricing may lag wage and cost inflation
- Macro and geopolitical uncertainty can alter security demand

## Accounting

Tempest Security’s results are affected by seasonality, so quarterly comparisons can be distorted by the normal weakness in the first and fourth quarters. As a service business with receivables and contract-based work, the company must also manage credit-loss estimates, revenue timing, and working-capital swings carefully. Lease accounting, acquisition-related balances, and any impairment testing on goodwill or acquired intangibles can also influence reported earnings and equity.

- **Seasonality and quarterly comparability** — Revenue, EBITDA, and cash flow timing
- **Expected credit losses on receivables** — Bad debt expense and working capital
- **Lease accounting** — Operating expenses, right-of-use assets, and lease liabilities
- **Acquisition and goodwill impairment** — Non-cash impairment charges and equity

- Seasonality affects quarterly revenue and cash flow comparability
- Trade receivables and credit-loss estimates matter in a service model
- Contract timing can affect when service revenue is recognized
- Leases affect reported operating costs and balance sheet items
- Acquisition-related assets may require impairment review

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*Last updated: 2026-08-11T04:04:56.606446+00:00*
