On July 10, 2026, Gothenburg District Court made the decision to place Trabfem 4 AB in bankruptcy. Cecilia Sylvan at Advokatfirman Kjällgren AB has been appointed as bankruptcy administrator. At the time of the bankruptcy, zero employees were registered in the company, a decrease from the two employees registered in 2024.
The bankruptcy followed a challenging economic period. In the 2024 annual report, the company's board stated that an expected increase in spa sales did not materialize. This was related to the economic climate, concerns about energy prices, and the general interest rate situation. The company then shifted focus and increased its focus on its e-commerce business, specifically to drive sales of consumables and accessories.
Net sales for 2024 amounted to 7.3 million Swedish krona. For the full year 2024, the company reported a positive net profit of 10,990 krona. However, this was the result of a change in accounting principle. The company switched from K2 to K3, which allowed it to activate internal development costs as an asset instead of expensing them directly. This item, called "work in progress for own use," amounted to 950,000 krona. Excluding this accounting measure, the company's operating profit for 2024 would have been negative by more than 750,000 krona.