SKF (STO: SKF-B) financial statements
The consolidated income statement, balance sheet and cash flow statement of SKF 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 106,422m in total assets and SEK 53,558m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | SEK 91,583m | SEK 98,722m | SEK 103,881m | SEK 96,933m | SEK 81,732m | SEK 74,852m |
| Cost of sales | SEK 67,058m | SEK 71,349m | SEK 77,541m | SEK 72,465m | SEK 58,457m | SEK 55,348m |
| Gross profit | SEK 24,525m | SEK 27,373m | SEK 26,340m | SEK 24,468m | SEK 23,275m | SEK 19,504m |
| Operating profit | SEK 7,755m | SEK 10,339m | SEK 11,084m | SEK 8,532m | SEK 10,758m | SEK 7,069m |
| Finance costs | SEK 1,619m | SEK 1,729m | SEK 2,316m | SEK 1,359m | SEK 797.0m | SEK 841.0m |
| Profit before tax | SEK 6,425m | SEK 9,089m | SEK 9,181m | SEK 7,293m | SEK 10,063m | SEK 6,300m |
| Income tax | SEK 2,176m | SEK 2,202m | SEK 2,404m | SEK 2,438m | SEK 2,484m | SEK 1,826m |
| Net profit | SEK 3,927m | SEK 6,474m | SEK 6,395m | SEK 4,469m | SEK 7,331m | SEK 4,298m |
| Earnings per share | SEK 8.62 | SEK 14.22 | SEK 14.04 | SEK 9.81 | SEK 16.10 | SEK 9.44 |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | SEK 106,422m | SEK 119,413m | SEK 111,903m | SEK 110,923m | SEK 99,628m | SEK 90,557m |
| Current assets | SEK 54,331m | SEK 60,200m | SEK 59,917m | SEK 59,795m | SEK 53,789m | SEK 46,898m |
| Inventories | SEK 23,677m | SEK 26,182m | SEK 23,194m | SEK 26,052m | SEK 20,997m | SEK 15,733m |
| Property, plant and equipment | SEK 27,785m | SEK 30,470m | SEK 26,820m | SEK 24,897m | SEK 20,723m | SEK 18,161m |
| Goodwill | SEK 10,925m | SEK 12,574m | SEK 11,962m | SEK 12,351m | SEK 10,924m | SEK 10,117m |
| Cash | SEK 8,984m | SEK 11,031m | SEK 13,311m | SEK 10,255m | SEK 13,219m | SEK 14,050m |
| Current liabilities | SEK 25,741m | SEK 30,001m | SEK 27,614m | SEK 24,440m | SEK 24,525m | SEK 21,644m |
| Equity | SEK 53,558m | SEK 59,649m | SEK 52,743m | SEK 51,927m | SEK 43,645m | SEK 34,309m |
| Equity including minorities | SEK 55,668m | SEK 61,969m | SEK 54,956m | SEK 54,043m | SEK 45,365m | SEK 35,712m |
| Minority interests | SEK 2,110m | SEK 2,320m | SEK 2,213m | SEK 2,116m | SEK 1,720m | SEK 1,403m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | SEK 8,392m | SEK 10,792m | SEK 13,783m | SEK 5,641m | SEK 5,248m | SEK 8,265m |
| Investing cash flow | −SEK 1,500m | −SEK 5,602m | −SEK 5,867m | −SEK 5,346m | −SEK 3,148m | −SEK 3,006m |
| Financing cash flow | −SEK 8,289m | −SEK 7,573m | −SEK 4,512m | −SEK 3,400m | −SEK 3,513m | SEK 2,691m |
| Capital expenditure | SEK 3,821m | SEK 5,077m | SEK 5,749m | SEK 5,030m | SEK 3,822m | SEK 3,332m |
| Dividends paid | SEK 3,613m | SEK 3,832m | SEK 3,357m | SEK 3,249m | SEK 3,012m | SEK 1,778m |
Where each figure comes from
From the annual report SKF 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 SKF 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.