Years financial statements for Limited company
Our accounting economists at Simsons Accounting agency have several years of experience in helping limited companies with Years financial statements, which guarantees the high quality of the financial statements we perform. We always work to stay up to date in each area and be able to contribute to a company’s development. Each company is unique and we, therefore, offer tailored services to your needs. With us, you always receive personal treatment, quick feedback and support regarding issues that affect the company’s development and finances.
K2 or K3 regulations
We can help you with the Years financial statements according to both the K2 and the K3 regulations. By law, all limited companies must prepare Years financial statements at the end of the financial year, which must be submitted to the Swedish Companies Registration Office. The annual Years financial statements can be sent in by post or digitally. Depending on the size of the limited company, the Years financial statements can be prepared in accordance with the K2 or K3 regulations. If your limited company is considered smaller, you can choose between using the K2 or K3 regulations. In order for a limited company to be considered larger, two or more of these requirements must be met for two years in a row:
- The average number of employees has been more than 50 in the last two years
- Balance sheet total has amounted to more than SEK 40 million in the last two years
- Net sales amounted to more than SEK 80 million in the last two years
In the K2 Years financial statements, the following must be included. An administration report, balance sheet, income statement and notes that supplement the information described in the balance sheet and income statement. Like the K2 and the K3 Years financial statements must include a management report, balance sheet, income statement, notes, and a report that describes the change in equity. If the limited liability company is counted as larger, a cash flow analysis must also be included, which is voluntary for smaller companies.
If you meet two of these requirements for two years in a row, you have a duty to audit and must hire a qualified auditor:
- More than 3 employees
- Balance sheet total of more than SEK 3 million
- Net sales exceeding SEK 3 million
If you have a newly started limited company or do not meet these requirements, you don’t have to hire an auditor. Feel free to contact us if you have any further questions about the Years financial statements regarding your company.
The Years financial statements should be in time
The Years financial statements must be submitted to the Swedish Companies Registration Office no later than 7 months after the end of the financial year. By hiring an accounting agency to help you with the Years financial statements , we make sure that everything is ready in time so you avoid any delay fees if something should be missing and need to be supplemented.
We also offer other services that can be combined in a complete package where we help you with both the and the Years financial statements . In the case of acquisitions, we can also help you review the financial part and be of support for current decisions. Feel free to contact us so we can discuss in more detail how we can help you in the best way. Our goal is to be able to offer tailor-made solutions at favourable prices.
Get help today
Get in touch with us today and we can start working on your Year’s financial statements immediately.
The personal accounting agency. We offer everything in accounting and bookkeeping at very favourable prices.