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L E Lundbergforetagen AB (OSTO:LUND B) Accounts Payable & Accrued Expense : kr0 Mil (As of Mar. 2024)


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What is L E Lundbergforetagen AB Accounts Payable & Accrued Expense?

L E Lundbergforetagen AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr4,060 Mil) but then declined from Dec. 2023 (kr4,060 Mil) to Mar. 2024 (kr0 Mil).

L E Lundbergforetagen AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr3,463 Mil) to Dec. 2022 (kr4,484 Mil) but then declined from Dec. 2022 (kr4,484 Mil) to Dec. 2023 (kr4,060 Mil).


L E Lundbergforetagen AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for L E Lundbergforetagen AB's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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L E Lundbergforetagen AB Accounts Payable & Accrued Expense Chart

L E Lundbergforetagen AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,900.00 3,069.00 3,463.00 4,484.00 4,060.00

L E Lundbergforetagen AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 4,060.00 -

L E Lundbergforetagen AB Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


L E Lundbergforetagen AB (OSTO:LUND B) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (OSTO:LUND B) Headlines

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