An annual report is the financial report that Swedish companies are required to prepare for each financial year under the Annual Accounts Act. It contains a company’s financial results, financial position and essential information about operations during the year. An annual report is directed at shareholders, lenders, suppliers and other stakeholders who need to understand a company’s financial situation.
Legal requirements and content
Under Swedish annual accounts legislation, all limited companies must prepare and submit annual reports to Bolagsverket. An annual report must be prepared in accordance with generally accepted accounting principles and, for larger companies or listed companies, in accordance with IFRS guidelines. It comprises an income statement, balance sheet, notes, a directors’ report and an auditor’s report. Larger companies must also include sustainability reporting in accordance with the CSRD directive.
Annual reports for listed companies
Companies listed on Nasdaq Stockholm must prepare annual reports in accordance with IFRS guidelines and publish their reports in both Swedish and English to reach international investors. Translation of annual reports for listed companies requires IFRS expertise to ensure the use of accurate financial terminology and copywriting skills for CEO words and corporate presentations. Fluid Translation is a language consultancy with both Swedish and international experience that operates with ISO-certified system support and offers IFRS experts with 10+ years’ experience in the finance sector, the four-eyes principle, copywriters for strategic content, translation memories and termbases, plus an ICR (In Country Review) platform for client validation. Browse through some of our client case studies for examples of annual reports we have translated during the year.