Annual report
Every limited company (aktiebolag, AB) must submit an annual report to the Swedish Companies Registration Office (Bolagsverket) each year. We prepare it under K2 or K3, make sure the board signs it in time and file it digitally.
What is an annual report?
The annual report is the official summary of the financial year that all limited companies, economic associations (ekonomiska föreningar) and certain other businesses must prepare and send to the Companies Registration Office. It consists of a directors' report, an income statement, a balance sheet and notes. Larger companies must also include a cash flow statement.
The annual report becomes public and is read by banks, suppliers, credit reference agencies and customers. So it is not just a regulatory requirement but also the company's public face.
When must the annual report be submitted?
The annual report must reach the Companies Registration Office no later than seven months after the end of the financial year. For companies whose financial year follows the calendar year, that means 31 July. Before then, the annual general meeting must have been held and adopted it. If it is submitted late, the Companies Registration Office charges a late filing fee, and after eleven months the company can be put into compulsory liquidation.
We keep track of the dates for you. Our clients on the Complete and Premium packages have the annual report included, and we send reminders about the general meeting and signatures in good time.
What is included
- Reconciled year-end closing as the basis for the annual report
- Directors' report, income statement, balance sheet and notes under K2 or K3
- Proposed appropriation of profits and supporting documents for dividend decisions
- Minutes of the annual general meeting and certificate of adoption
- Digital filing with the Companies Registration Office
- Income tax return 2 (Inkomstdeklaration 2) to the Swedish Tax Agency (Skatteverket), coordinated with the annual report
K2 or K3?
K2 is the simplified framework for smaller limited companies, with fewer choices and fewer notes. K3 is the main framework and is required for larger companies, but smaller companies can also choose it if, for example, they want to capitalise development costs or use component depreciation. We recommend a framework based on the company's size and plans.
Price
Year-end closing and the annual report are included in the Complete and Premium packages. As a stand-alone engagement, year-end closing and tax return cost from SEK 7 500 for limited companies, from SEK 4 500 for trading partnerships (handelsbolag) and from SEK 2 500 for sole traders (enskild firma), who prepare annual accounts rather than an annual report. See all prices.
Frequently asked questions
What happens if the annual report is submitted late?
The Swedish Companies Registration Office (Bolagsverket) charges a late filing fee that increases the longer the delay. If the annual report has not been received eleven months after the end of the financial year, the Companies Registration Office can decide on compulsory liquidation.
Does a sole trader have to submit an annual report?
No, not normally. Only a sole trader (enskild firma) that counts as a larger business, meaning it meets more than one of the thresholds for number of employees, balance sheet total and net turnover for two years in a row, must prepare an annual report. Other sole traders prepare annual accounts (simplified if turnover is low), which form the basis of the tax return but are not sent to the Companies Registration Office.
Does the annual report need to be reviewed by an auditor?
Only if the company has a statutory audit requirement or has voluntarily appointed an auditor. Ekonomico works with an auditor when needed.
Get a price proposal for your company
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Call us on 031 - 52 40 00, weekdays 09:00 - 17:00. Or fill in the form and we will get back to you within 24 hours on weekdays.