Krypto i balansräkningen
Crypto in the annual report
Two companies with identical positions can report very different profits, purely because of the accounting basis chosen.
Intangible asset versus fair value
Under IFRS cost model, impairments are recognised but recoveries above cost are not.
Trading or investment-entity treatment allows fair value through profit and loss.
US fair-value rules now show gains, so cross-border comparisons need care.
What to look for in the notes
Unit counts rather than euro amounts, which depend on the chosen measurement date.
Average cost per coin, so you can compute unrealised gains yourself.
Custody disclosure: providers, insurance and concentration.
Tax and cash flow
Accounting gains are not cash; some jurisdictions still tax revaluations.
Check deferred tax liabilities, which reduce net asset value per share.
Confirm operating cash flow covers fixed costs without selling coins.
Vanliga frågor
Why is the carrying value below market?
The cost model forbids write-ups above cost.
Do book losses matter?
They can trigger loan covenants even without cash impact.
Where are the coin counts?
In the intangible-assets note or the quarterly release.
Läs vidare
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