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Shell

Sweden

8 Employees

  • Third-party revenues

    $58,885,712

  • Related-party revenues

    $1,786,102

  • Total revenues

    $60,671,814

  • Profit before tax

    $(267,629)

  • Tax paid

    $0

  • Tax accrued

    $297,247

  • Tangible assets

    $7,132,032

  • Stated capital

    $24,577,212

  • Accumulated earnings

    $(7,190,438)

Main Business Activities

  • Downstream

Shell Aviation Sweden AB performs activities such as the purchase, sale, storage, transport and marketing of aviation fuels. The company serves several airports in Sweden, but with most activity in the airline hubs of Stockholm and Gothenburg.

Country Financial Analysis

The statutory corporate income tax rate in Sweden is 21.4%. The aviation sector was hit particularly hard by the COVID-19 pandemic and Shell Aviation Sweden AB’s revenues fell considerably.

No tax was paid due to a loss carried forward from previous years.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
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