Note 22 – Equity
Share capital and shares outstanding
| Group | Koncern | 2023 | 2022 |
| Issued capital at January 1 | Emitterade aktier per 1 januari | 13,010,124 | 13,010,124 |
| Issued capital at December 31 | Emitterade aktier per 31 december | 13,010,124 | 13,010,124 |
At December 31, 2023, registered share capital amounted to 13,010,124 (13,010,124) common shares. The quotient value per share is SEK 20.00 (20.00). Holders of common shares are entitled to dividends, the amount of which is set each financial year and shareholdings convey voting rights at the Annual General Meeting of one vote per share. All shares convey equal rights to the company’s remaining net assets.
Reserves
Translation reserve
The translation reserve comprises of exchange rate differences arising from translation of the financial statements of foreign operations that have prepared their financial statements in a currency other than the currency in which consolidated financial statements are presented. The Parent Company and Group present their financial statements in Swedish kronor (SEK).
| Group | Koncern | 2023 | 2022 |
| Carrying amount at January 1 | Bokfört värde vid årets början | 92 | 36 |
| Exchange rate difference for the year | Årets valutakursdifferens | 3 | 56 |
| Carrying amount at end of period | Redovisat värde vid periodens slut | 95 | 92 |
Retained earnings including profit/loss for the year
Retained earnings including profit for the year include earnings in the Parent Company and its subsidiaries. This equity item includes prior provisions to the statutory reserve, excluding transferred share premium reserves.
Treasury shares
| 2023 | 2022 | ||||
| Group | Number | Amount | Number | Amount | |
| 2023 | 2022 | ||||
| Koncern | Antal | Belopp | Antal | Belopp | |
| Balance at January 1 | Ingående balans | 26,920 | 21 | 26,920 | 21 |
| Closing balance at end of period | Utgående balans vid periodens slut | 26,920 | 21 | 26,920 | 21 |
Parent Company
Restricted equity
Restricted reserves
Dividends that reduce restricted reserves are prohibited.
Statutory reserve
The purpose of the statutory reserve has been to save a portion of net profits not used to cover retained losses.
Non-restricted equity
Retained earnings
Comprises of prior years’ non-restricted equity after distribution of profits, if any. Combined with profit for the year, the total makes up non-restricted equity, which is the amount available for distribution to shareholders.
Share premium reserve
When shares are issued at a premium, that is, when more must be paid for the shares than their quotient value, an amount equal to the amount received in excess of the quotient value of the shares must be transferred to the share premium reserve.