Boliden (STO: BOL) financial statements
The consolidated income statement, balance sheet and cash flow statement of Boliden for its last 6 fiscal years, as filed with the regulator, in millions of Swedish kronor. At the end of fiscal 2025 it had SEK 143,396m in total assets and SEK 76,512m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | SEK 93,509m | SEK 89,207m | SEK 78,554m | SEK 86,437m | SEK 68,636m | SEK 56,321m |
| Cost of sales | SEK 77,722m | SEK 76,305m | SEK 67,817m | SEK 68,290m | SEK 55,706m | SEK 45,516m |
| Gross profit | SEK 15,787m | SEK 12,903m | SEK 10,737m | SEK 18,147m | SEK 12,929m | SEK 10,805m |
| Operating profit | SEK 13,192m | SEK 13,692m | SEK 8,287m | SEK 15,895m | SEK 11,082m | SEK 8,935m |
| Finance costs | SEK 1,468m | SEK 1,357m | SEK 894.0m | SEK 344.0m | SEK 246.0m | SEK 270.0m |
| Profit before tax | SEK 11,901m | SEK 12,555m | SEK 7,600m | SEK 15,601m | SEK 10,839m | SEK 8,668m |
| Income tax | SEK 2,492m | SEK 2,529m | SEK 1,526m | SEK 3,191m | SEK 2,135m | SEK 1,867m |
| Net profit | SEK 9,404m | SEK 10,022m | SEK 6,073m | SEK 12,410m | SEK 8,701m | SEK 6,799m |
| Earnings per share | SEK 33.39 | SEK 36.65 | SEK 22.21 | SEK 45.37 | SEK 31.81 | — |
| Diluted earnings per share | SEK 33.39 | SEK 36.65 | — | — | — | — |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | SEK 143,396m | SEK 116,192m | SEK 101,957m | SEK 96,376m | SEK 80,549m | SEK 72,492m |
| Current assets | SEK 41,459m | SEK 38,453m | SEK 33,091m | SEK 39,926m | SEK 30,358m | SEK 24,842m |
| Inventories | SEK 24,078m | SEK 22,000m | SEK 21,987m | SEK 19.0m | SEK 18,000m | SEK 14,238m |
| Property, plant and equipment | — | SEK 73,817m | SEK 64,620m | SEK 52,036m | SEK 45,915m | SEK 43,605m |
| Cash | SEK 9,237m | SEK 7,052m | SEK 4,978m | SEK 1,226m | SEK 8,251m | SEK 5,060m |
| Current liabilities | SEK 24,399m | SEK 23,074m | SEK 18,396m | SEK 15,832m | SEK 12,445m | SEK 11,398m |
| Equity | SEK 76,512m | SEK 64,992m | SEK 56,404m | — | SEK 50,866m | SEK 45,625m |
| Equity including minorities | SEK 76,537m | SEK 65,012m | SEK 56,420m | — | SEK 50,882m | SEK 45,638m |
| Minority interests | SEK 24.0m | SEK 19.0m | SEK 15.0m | SEK 14.0m | SEK 15.0m | SEK 13.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | SEK 20,686m | SEK 17,659m | SEK 12,183m | SEK 16,398m | SEK 13,144m | SEK 11,255m |
| Investing cash flow | −SEK 29,936m | −SEK 14,996m | −SEK 15,537m | −SEK 10,069m | −SEK 5,996m | −SEK 6,297m |
| Financing cash flow | SEK 11,441m | −SEK 590.0m | −SEK 3,827m | −SEK 2,423m | −SEK 3,957m | −SEK 1,271m |
| Capital expenditure | SEK 15,443m | SEK 14,966m | SEK 15,420m | SEK 9,970m | SEK 5,957m | SEK 6,256m |
Where each figure comes from
From the annual report Boliden files every year in the European single electronic format (ESEF). The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Boliden page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.