Note 3 Valuation of financial assets and liabilities
Fair value for long-term borrowing corresponds in all material respects with the carrying amount as the borrowing runs at a variable interest rate and the own credit risk has not changed significantly. Fair value for other financial assets and liabilities corresponds in all material respects with the carrying amount as they are short-term and the discounting effect is not considered to be significant. All financial instruments estimated at fair value is included in level 2.
Derivative instruments
| (SEK M) | 2023 Dec 31 | 2022 Dec 31 | |
| (MSEK) | 2023 31 dec | 2022 31 dec | |
| Financial assets | Finansiella tillgångar | ||
| Currency hedge | Valuta hedge | – | – |
| Total | Summa | – | – |
| Financial liabilities | Finansiella skulder | ||
| Currency hedge | Valuta hedge | -14 | – |
| Total | Summa | -14 | – |