Control Balance Sheet

Last updated: 2021-06-21

If there is reason to assume that the share capital has been used up, a control balance sheet needs to be drawn up immediately. That the share capital is about to be used up means that the equity is less than half of the company’s registered capital.

A control balance sheet is similar to a balance sheet, but where, for example, stock and inventory are valued differently than in a normal balance sheet.

According to the Swedish Companies Act, it is the board of the company that is responsible for drawing up the control balance sheet. In cases where the company has an auditor, this must also review the control balance sheet.