avyttring

Avyttring is a Swedish term used in corporate finance and accounting to denote the disposal or divestment of an asset, a business unit, a subsidiary, or an investment by a company or organization. The act covers sales, transfers, mergers where control of the asset passes to another party, and other dispositions such as liquidation or exchange. The purpose is generally to realize value, raise liquidity, or shed non-core holdings. It applies to tangible assets (property, machinery, inventory) as well as financial assets (securities, stakes in companies).

In financial reporting, avyttring is recognized when the entity loses control over the asset or when contractual rights are extinguished. The proceeds are compared with the asset’s carrying amount; any difference is recognized as a gain or loss in the income statement. For assets classified as held for sale under IFRS 5, the asset is presented separately until derecognition. Derecognition rules for financial assets follow IFRS 9.

Governance and regulation: In Sweden, significant avyttrings may require approval by the board or, in some cases, by shareholders, depending on the company’s articles of association and applicable laws. Public companies and regulated entities may face additional disclosure or competition-law considerations.

Tax and accounting consequences: Avyttring typically has tax implications, including potential capital gains tax and value-added tax depending on asset type and jurisdiction. The proceeds may be used to fund investments, repay debt, or distribute value to owners.

Examples: A manufacturing company sells a non-core division; an investment fund divests a portfolio holding; a property company disposes of a non-strategic asset; a municipality sells surplus property.