SKF AB

Common Name
SKF
Country
Sweden
Sector
Industrials
Industry
Tools & Accessories
Employees
38,008
Ticker
SKF B
Exchange
NASDAQ STOCKHOLM AB
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...

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.

All figures in billions of SEK20242023
Net sales
98.72a
103.88a
Cost of goods sold
-71.35a
-77.54a
Gross profit
27.37a
26.34a
Research and development expenses
-3.33a
-3.3a
Selling expenses
-12.76a
-11.45a
Administrative expenses
-0.6a
-0.61a
Other operating income
1.26a
2.7a
Other operating expenses
-1.65a
-2.65a
Income from associated companies
0.04a
0.06a
Operating profit
10.34a
11.08a
Financial income
0.48a
0.41a
Financial expenses
-1.73a
-2.32a
Profit before taxes
9.09a
9.18a
Income tax
-2.2a
-2.4a
Net profit
6.89a
6.78a
Net profit attributable to
Shareholders of AB SKF
6.47a
6.4a
Non-controlling interests
0.41a
0.38a

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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