ERICSSON LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -6.2%

  £634,162,000 → £594,572,000

• Cash

  +17.2%

  £4,213,000 → £4,937,000

• Net assets

  -44.6%

  £125,765,000 → £69,689,000

• Employees

  +5.5%

  1,429 → 1,508

• Operating profit

  -34.5%

  £24,162,000 → £15,816,000

• Profit before tax

  -25.3%

  £33,354,000 → £24,910,000

• Wages

  +6.5%

  £127,126,000 → £135,434,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. ERICSSON LIMITED 1988-12-22 → present
2. THORN ERICSSON TELECOMMUNICATIONS LIMITED 1981-12-31 → 1988-12-22
3. THORN ERICSSON TELECOMMUNICATIONS LIMITED 1968-11-12 → 1981-12-31

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As at 31 December 2024, the company has been in a net asset and a net current asset position. After ensuring that financial, operational and liquidity forecasting updates are maintained and reviewed on an ongoing basis, and receiving an undertaking from the ultimate parent company, Telefonaktiebolaget LM Ericsson, that it will provide all necessary financial support to the Company for at least 12 months from the date of approval of these financial statements, the directors have formed a judgement at the time of approving the financial statements that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they have adopted the going concern basis in preparing financial statements.”

Significant events

• “There were no material or significant events that occurred in the period from 31 December 2024 to the date of reporting that would require adjustment to or disclosure in the financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.