ERICSSON

World Rank (Jul-30-2023)
1,069
Market Cap (Jul-30-2023)
17.13 Billion USD
World Rank (Dec-25-2022)
846
Market Cap (Dec-25-2022)
19.64 Billion USD
World Rank (Jan-07-2022)
547
Market Cap (Jan-07-2022)
37.525 Billion USD
World Rank (Jan-01-2021)
436
Market Cap (Jan-01-2021)
39.838 Billion USD
Annual Revenue in USD
25,746 Million USD
Annual Net Income in USD
1,775 Million USD
Total Assets in USD
33,140 Million USD
Total Liabilities in USD
20,501 Million USD
Annual Results for Year ending in
Dec-2022 month
Headquarters State / City
Stockholm
Headquarters Country
Sweden
Headquarters Sub Region
Northern Europe
Headquarters Continent
Europe
Company Business
Technology
Technology Hardware and Instruments
Networking Products / Solutions
Network Hardware and Software
Security Systems and Solutions
Stock Category
S&P EUROPE 350
Stock Exchange
Nasdaq
Stockholm
Company Rank in Country in 2022
Company Rank in Sweden in 2022 is 7
Rank in Country (Jan-2021)
Company Rank in Sweden in 2021 is 5
Number of Employees
101,322
Employee Count as on Date
As on 2022
CEO:
Borje Ekholm
Founders
Lars Magnus Ericsson
Yahoo @ Nasdaq
Wikipedia
Facebook
Company Website:
Ericsson - Network Solutions, Internet of Things Technology Solutions
Business Sector:
Top Technology Companies in Europe
Top Software and IT Companies in Europe
About Company Business:

Ericsson is shaping the future of mobile broadband Internet communications through its continuous technology leadership, helping to create the most powerful communication companies.

Ericsson will emerge as global leader in providing 5G network equipment to Telecom companies. Greatness of Erisson is already 40 live 5G networks have been deployed. Total 51 companies publicly announced that they had given 5G network and equipment contract to Ericsson. In total Ericsson had signed 93 commercial agreements.

Founded Year
1876
Annual Results Summary:

 ERICSSON - Yearly Revenue and Net Income - in Million SEK:

Year - Ending Revenue Operating Income Net Income
Dec-2022 271,546 86,252 18,724
Dec-2021 232,314 68,669 22,694
Dec-2020 232,390 65,736 17,483
Balance Sheet Summary

Total Assets as on Dec-2022 was 349,537 Million SEK.

Total Liabilities as on Dec-2022 was 216,233 Million SEK.

Total Equity as on Dec-2022 was 133,304 Million SEK.

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