SKF AB

Common Name

SKF

Country

Sweden

Sector

Industrials

Industry

Tools & Accessories

Employees

38,008

Ticker

SKF B

Exchange

NASDAQ STOCKHOLM AB

Website

www.skf.com

Description

AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The... Show more

Financial Statements of SKF

Below are the financial statements of SKF, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of SEK	2024	2023
Non-current assets	—	—
Goodwill	12.57^a	11.96^a
Other intangible assets	4.67^a	5.05^a
Property, plant and equipment	30.47^a	26.82^a
Right-of-use assets	3.56^a	2.96^a
Long-term financial assets	1.42^a	1.17^a
Deferred tax assets	3.37^a	3.11^a
Investments in joint ventures and associated companies	0.57^a	0.47^a
Other long-term assets	0.98^a	0.45^a
Current assets	—	—
Inventories	26.18^a	23.19^a
Trade receivables	16.6^a	16.81^a
Other short-term assets	6.06^a	5.86^a
Other short-term financial assets	0.33^a	0.74^a
Cash and cash equivalents	11.03^a	13.31^a
Assets classified as held for sale	1.59^a	0^a
Total assets	119.41^a	111.9^a
Equity and liabilities	—	—
Equity attributable to shareholders of AB SKF	59.65^a	52.74^a
Equity attributable to non-controlling interests	2.32^a	2.21^a
Non-current liabilities	—	—
Long-term financial liabilities	12.69^a	15.69^a
Long-term lease liabilities	2.71^a	2.21^a
Provisions for post-employment benefits	8.5^a	8.8^a
Deferred tax provisions	1.91^a	1.22^a
Other long-term provisions	1.42^a	1.34^a
Other long-term liabilities	0.08^a	0.08^a
Current liabilities	—	—
Trade payables	12.55^a	11.24^a
Short-term provisions	1.16^a	1.25^a
Short-term lease liabilities	0.8^a	0.63^a
Other short-term financial liabilities	4.56^a	3.43^a
Other short-term liabilities	10.93^a	11.07^a
Liabilities classified as held for sale	0.13^a	0^a
Total equity and liabilities	119.41^a	111.9^a

Verified Sources Behind SKF’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SKF’s data sources below and access millions more through our Disclosure Search.

a. SKF's Annual Report 2024

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SKF AB

Financial Statements of SKF

Verified Sources Behind SKF’s Financial Fundamentals Data

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