Note 16 Goodwill

In 2016, the CORHEI and Norrporten companies were acquired. Goodwill arose in connection with the acquisitions, primarily related to the difference between nominal tax and the calculated supplementary tax, which was applied at the time of acquisition. A write-off for goodwill is primarily justified for a major downturn in the property market or a situation wherein properties included in the transaction above are divested. The entire portfolio in Sundsvall was divested in 2019, which resulted in an impairment of MSEK 179. United Spaces, a co-working company, was acquired during the same year, resulting in new goodwill of MSEK 211. The latter was adjusted by MSEK 18 in 2020 as a consequence of an amended acquisition analysis.

 

 

Group

 

Parent Company

 

 

2020

 

2019

 

2020

 

2019

Opening acquisition cost

 

1,691

 

1,659

 

 

Acquisitions

 

 

211

 

 

Impairment

 

–18

 

–179

 

 

Carrying amount

 

1,673

 

1,691