About this template
Control Balance Sheet for Swedish limited companies without an appointed auditor – a complete digital template package featuring Swedish and English Excel templates as well as detailed user guides. The workbook helps the board of directors structure recorded values, permitted control balance sheet (KBR) adjustments, capital adequacy assessments, documentation, and signatures in accordance with Swedish law.
Legally reviewed: October 4, 2026
Designed based on Chapter 25 of the Swedish Companies Act, applicable annual accounts regulations, and generally accepted accounting principles.
Included in the package
| Swedish Excel template | Complete KBR workbook in XLSX. |
| English Excel template | English language version for use under Swedish law. |
| Swedish user guide | Detailed guidance in Word and PDF. |
| English user guide | Detailed English guide in Word and PDF. |
| Digital delivery | All files are delivered combined in a ZIP package. |
When should a control balance sheet be prepared?
The board must immediately prepare a control balance sheet when there is reason to assume that the company's equity, calculated according to the control balance sheet rules, is less than half of the registered share capital. The obligation may therefore arise before the capital deficiency is definitively established.
A control balance sheet must also be prepared when an attempt to levy execution shows that the company lacks sufficient assets to fully pay the debt under execution.
What the new Excel template helps you with
- separate fields for recorded values and KBR adjustments,
- automatic calculation of KBR values,
- automatic balance check,
- capital test against half of the registered share capital for the first assessment,
- capital test against the full registered share capital before the second meeting of creditors,
- separate specification of each KBR adjustment and its supporting documentation,
- handling of equity portions and deferred tax liabilities for untaxed reserves,
- board signature page,
- source sheet with relevant official legal sources.
KBR adjustments – not an ordinary balance sheet
A control balance sheet is based on the company's regular accounts, but specific adjustments can be made within the framework of the Swedish Companies Act. Among other things, assets may, under certain conditions, be recorded at higher values, provisions and liabilities at lower values, assets valued at net selling price, and untaxed reserves divided between equity and deferred tax liability.
The template therefore has a separate sheet to document which item is being adjusted, the amount, the valuation basis, the justification, and supporting evidence. The formulas serve as a working aid – the board is responsible for ensuring that every valuation is correct and consistent with generally accepted accounting principles.
First and second meeting of creditors
If the control balance sheet shows that equity is less than half of the registered share capital, the board must convene the first meeting of creditors as soon as possible.
If the capital is not fully restored and the meeting does not decide on liquidation, the control balance sheet process continues. A second meeting of creditors should normally be held within eight months. Prior to the second meeting of creditors, full restoration to at least the registered share capital is required for the company to be able to exit the control balance sheet process without liquidation.
Important regarding the "without auditor" product
This version is intended for Swedish limited companies that do not have an appointed auditor. If the company has an auditor, the auditor must review the control balance sheet. The product should not be used as a means to circumvent a required auditor review.
Swedish + English in the same package
The Swedish and English Excel templates have equivalent structures. The English version is a language version under Swedish law – it is not intended as a template according to British, American, or other foreign corporate law.
Detailed user guide included
The guide walks you through step-by-step when the board must act, how to fill in each sheet of the workbook, how to document KBR adjustments, the meetings of creditors, full restoration of share capital, personal payment liability, a practical checklist, and frequently asked questions.
Who is this template for?
- smaller and owner-managed Swedish limited companies without an appointed auditor,
- boards that need to investigate suspected capital deficiency,
- business owners and accounting consultants who want a structured working document,
- companies that need to document KBR adjustments and capital tests clearly.
File format and delivery
Format: XLSX, DOCX, and PDF.
Language: Swedish and English.
Delivery: digital download in ZIP format. No physical product is sent.
Read more about the valuation of items in a control balance sheet →
Frequently asked questions
Do I need an auditor to use the template?
The product is developed for companies without an appointed auditor. If the company has an auditor, they must review the control balance sheet.
Does the Excel template automatically determine if the company must be liquidated?
No. The capital test is a control and calculation aid. The board must personally ensure that accounting, valuations, deadlines, and other legal requirements are met.
Can I use the English version in a Swedish company?
Yes. The English version is the same type of working material but in English, and is explicitly adapted to Swedish law.
Can the template be used for the second meeting of creditors?
Yes. On the START sheet, you can select the control stage, and the capital test will then switch from half of the share capital to a requirement for at least the full registered share capital.
The template package is a practical document and calculation aid and does not replace individual legal or accounting advice. In cases of complex valuations, unclear timing of capital deficiency, or a risk of missed deadlines, a qualified advisor should be consulted.
