SSAB (STO: SSAB-B) financial statements
The consolidated income statement, balance sheet and cash flow statement of SSAB 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 106,129m in total assets and SEK 67,785m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | SEK 96,220m | SEK 103,418m | SEK 119,489m | SEK 128,745m | SEK 95,891m | SEK 65,396m |
| Cost of sales | SEK 83,830m | SEK 88,926m | SEK 96,936m | SEK 127,096m | SEK 72,425m | SEK 61,617m |
| Gross profit | SEK 12,390m | SEK 14,492m | SEK 22,553m | SEK 1,649m | SEK 23,466m | SEK 3,780m |
| Operating profit | SEK 6,116m | SEK 7,860m | SEK 16,467m | −SEK 4,355m | SEK 18,837m | −SEK 325.0m |
| Finance costs | SEK 3,045m | SEK 2,033m | SEK 1,179m | SEK 3,570m | SEK 2,516m | SEK 2,607m |
| Profit before tax | SEK 6,232m | SEK 8,313m | SEK 16,716m | −SEK 4,641m | SEK 18,416m | −SEK 802.0m |
| Income tax | SEK 1,326m | SEK 1,786m | SEK 3,677m | SEK 6,235m | SEK 3,743m | −SEK 312.0m |
| Net profit | SEK 4,902m | SEK 6,522m | SEK 13,029m | −SEK 10,886m | SEK 14,662m | −SEK 510.0m |
| Earnings per share | SEK 4.92 | SEK 6.54 | SEK 12.67 | −SEK 10.57 | SEK 14.24 | −SEK 0.50 |
| Diluted earnings per share | SEK 4.92 | SEK 6.54 | SEK 12.67 | −SEK 10.57 | — | — |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total assets | SEK 106,129m | SEK 110,728m | SEK 107,839m | SEK 109,711m | SEK 112,019m | SEK 88,601m |
| Current assets | — | — | SEK 74,291m | SEK 77,275m | SEK 53,195m | SEK 33,759m |
| Inventories | SEK 28,301m | SEK 31,780m | SEK 32,485m | SEK 37,907m | — | — |
| Property, plant and equipment | SEK 35,745m | SEK 30,343m | SEK 27,341m | SEK 26,087m | SEK 23,044m | SEK 22,022m |
| Cash | SEK 22,766m | SEK 27,810m | SEK 28,916m | SEK 24,900m | SEK 13,796m | SEK 7,051m |
| Current liabilities | — | — | SEK 27,773m | SEK 30,547m | SEK 25,774m | SEK 22,324m |
| Equity | SEK 67,785m | SEK 70,966m | SEK 67,872m | SEK 67,124m | SEK 73,477m | SEK 53,987m |
| Equity including minorities | SEK 67,821m | SEK 71,015m | SEK 67,948m | SEK 67,191m | SEK 73,508m | SEK 54,096m |
| Minority interests | SEK 37.0m | SEK 49.0m | SEK 76.0m | SEK 66.0m | SEK 31.0m | SEK 109.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | SEK 10,079m | SEK 11,896m | SEK 21,473m | SEK 18,156m | SEK 14,873m | SEK 4,366m |
| Investing cash flow | −SEK 10,742m | −SEK 6,611m | −SEK 5,291m | −SEK 3,891m | −SEK 2,272m | −SEK 2,178m |
| Financing cash flow | −SEK 2,998m | −SEK 5,203m | −SEK 12,765m | −SEK 723.0m | −SEK 5,029m | SEK 685.0m |
Where each figure comes from
From the annual report SSAB 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 SSAB 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.