Northvolt’s January loss was SEK 1.2 billion

Losses in the billions for the battery manufacturer in crisis, Northvolt, continues.

Northvolt’s logo at the head office in Stockholm. Archive footage.

Northvolt’s logo at the head office in Stockholm. Archive footage.

Foto: Henrik Montgomery/TT

Ekonomi2025-03-03 15:30

The losses in January ended up being 1,.2 billion kronor according to the newspaper Dagens industri which read court documents in the reorganisation process (Chapter 11) which is ongoing in the USA.

The total debt is close to SEK 88 billion, almost double the assets on the books.

During the period 21 November – 31 December the losses ended up at 3 billion kronor, large parts of which was due to the depreciation of the value of assets.