This is Inter IKEA Group

Our business in brief

The IKEA franchise system

Management structure

Our owner

News

Inter IKEA Group balance sheet

Most Inter IKEA Group balance sheet positions have not changed significantly compared to 31 August 2021. Inventories and receivables were the exceptions. Here we see the increased cost of raw materials and transport reflected in the value of inventories and receivables from franchisees. Our equity ratio went down from 47% to 40% due to increased working capital.

The consolidated balance sheet shows an overview of Inter IKEA Group’s assets, equity and what is due to suppliers, partners and other organisations.

FY22 financial results

IKEA franchisees buy products from Inter IKEA Group companies, and they pay a franchise fee based on their annual retail sales.