General business information

Enter information such as company name, organization number number, personal identity number and registered office in the field General information. In addition, you should also briefly describe what kind of business the company is running, as well as special circumstances that affect the company.

Specify important events for the company that occurred during the financial year in the field Important events during the financial year. Important events include:

• Important changes in the operations.
• Important external factors that have affected the company’s position and results.
• If the company is no longer expected to continue its business.
• A limited company must also state if it has created a balance sheet for liquidation purposes or if it is required to do so.

In the field Treasury shares (Limited companies only), you provide information about the company's holdings of treasury shares. This information shall contain:

• Number and quota value of the treasury shares held by the company, the portion of the total share capital that these shares represent and the amount of compensation paid for the shares.
• The number and quota value of the treasury shares acquired during the financial year, the portion of the total share capital that these shares represent and the amount of compensation paid.
• Number and quota value of the treasury shares transferred during the financial year, the portion of the total share capital that these shares represent and the amount of compensation received.
• The reasons for the acquisitions or transfers of treasury shares that have occurred during the financial year.

The fields Members' contributions and Hybrid capital (economic association only) should contain the invested value by the members of the economic association and the capital contribution that non-members have made to the economic association.

Information is given here about conditions that are not reported in the balance sheet, income statement or notes, but which are important for assessing the development of the company's operations, position and results to meet the requirements according to 6th chapter, §1, second paragraph ÅRL.

This can be:

• Information about the nature and focus of the business.

• Important changes in the business regarding e.g. acquisition and sale of subsidiaries, establishment and sale or closure of significant assets, business or product lines, agreements entered into that have a significant impact on operations and major investments.

• Important external factors that have affected the company's position and results, e g market factors, commodity supply, and interest rates and exchange rates.

• Special circumstances that particularly affect the company, e g leasing of fixed assets, government grants, and the presence of receivables and liabilities in foreign currency.

• Owners who have more than ten percent of the number of shares or votes in the company.

• Significant changes in the ownership structure.

Information does not need to be provided about planned changes unless there is a final decision on the part of the company. The same applies if e g an offer has been submitted but there is uncertainty as to whether the deal will take place.

Guidance to K3 - Annual report and consolidated accounts (BFNAR 2012:1)