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Goodwill - synergieffekt eller övervärdering?

Rydberg, Joel LU ; Anderberg Törngren, Isak LU and Linard Pedersen, Oscar LU (2025) FEKH69 20251
Department of Business Administration
Abstract
Title: Goodwill – Synergy Effect or Overvaluation?
Seminar date: June 3, 2025
Course: FEKH69, Business Administration: Bachelor's degree Project in Financial and
Management Accounting Undergraduate Level, 15 University Credit Points
Authors: Isak Anderberg Törngren, Oscar Linard Pedersen, Joel Rydberg
Advisor: Johan Dergård
Key words: goodwill, synergy, IFRS 3, IAS 36, profitability
Purpose: The purpose of this study is to examine the relationship between changes in goodwill
and changes in profitability among Swedish publicly listed companies, and based on this, assess
the relevance and reliability of goodwill accounting.
Theoretical perspectives: Theories on synergy and goodwill, IASB Conceptual Framework for
... (More)
Title: Goodwill – Synergy Effect or Overvaluation?
Seminar date: June 3, 2025
Course: FEKH69, Business Administration: Bachelor's degree Project in Financial and
Management Accounting Undergraduate Level, 15 University Credit Points
Authors: Isak Anderberg Törngren, Oscar Linard Pedersen, Joel Rydberg
Advisor: Johan Dergård
Key words: goodwill, synergy, IFRS 3, IAS 36, profitability
Purpose: The purpose of this study is to examine the relationship between changes in goodwill
and changes in profitability among Swedish publicly listed companies, and based on this, assess
the relevance and reliability of goodwill accounting.
Theoretical perspectives: Theories on synergy and goodwill, IASB Conceptual Framework for
Financial Reporting, and DuPont analysis are used.
Methodology: The study is quantitative and based on secondary data from Retriever Business.
After compilation, the data was analyzed using linear regression analysis to identify any
correlations.
Result: The results from the analyses are presented in tables both throughout the report and in
the appendices.
Conclusion: The results indicate that there is no significant correlation between increased
goodwill and improved profitability. However, some significance was found between decreased
goodwill and reduced profitability. Goodwill is therefore considered to have limited predictive
value. (Less)
Abstract (Swedish)
Examensarbetets titel: Goodwill – synergieffekt eller övervärdering?
Seminariedatum: 3 juni 2025
Ämne/kurs: FEKH69, Företagsekonomi: Examensarbete i redovisning på kandidatnivå, 15
högskolepoäng
Författare: Isak Anderberg Törngren, Oscar Linard Pedersen, Joel Rydberg
Handledare: Johan Dergård
Fem nyckelord: goodwill, synergi, IFRS 3, IAS36, lönsamhet
Syfte: Syftet med studien är att undersöka sambandet mellan förändringar i goodwill och
förändringar i lönsamhet hos svenska börsnoterade företag, samt utifrån detta bedöma
goodwillredovisningens relevans och trovärdighet.
Teori: Teorier om synergi och goodwill, IASB:s konceptuella ramverk för finansiell rapportering
samt Dupont-modellen används.
Metod: Studien är... (More)
Examensarbetets titel: Goodwill – synergieffekt eller övervärdering?
Seminariedatum: 3 juni 2025
Ämne/kurs: FEKH69, Företagsekonomi: Examensarbete i redovisning på kandidatnivå, 15
högskolepoäng
Författare: Isak Anderberg Törngren, Oscar Linard Pedersen, Joel Rydberg
Handledare: Johan Dergård
Fem nyckelord: goodwill, synergi, IFRS 3, IAS36, lönsamhet
Syfte: Syftet med studien är att undersöka sambandet mellan förändringar i goodwill och
förändringar i lönsamhet hos svenska börsnoterade företag, samt utifrån detta bedöma
goodwillredovisningens relevans och trovärdighet.
Teori: Teorier om synergi och goodwill, IASB:s konceptuella ramverk för finansiell rapportering
samt Dupont-modellen används.
Metod: Studien är kvantitativ och bygger på sekundärdata från Retriever Business. Efter
sammanställning analyserades datan med linjära regressionsanalyser för att hitta eventuella
samband.
Empiri: Resultaten från analyserna presenteras i tabeller både löpande och i bilagor.
Slutsats: Resultatet visar att det inte finns något signifikant samband mellan ökad goodwill och
förbättrad lönsamhet. Viss signifikans uppvisades dock mellan minskad goodwill och försämrad
lönsamhet. Goodwill bedöms därför ha begränsat prognosvärde. (Less)
Please use this url to cite or link to this publication:
author
Rydberg, Joel LU ; Anderberg Törngren, Isak LU and Linard Pedersen, Oscar LU
supervisor
organization
course
FEKH69 20251
year
type
M2 - Bachelor Degree
subject
keywords
goodwill, synergi, IFRS 3, IAS36, lönsamhet
language
Swedish
id
9203594
date added to LUP
2025-09-16 10:15:06
date last changed
2025-09-16 10:15:06
@misc{9203594,
  abstract     = {{Title: Goodwill – Synergy Effect or Overvaluation? 
Seminar date: June 3, 2025 
Course: FEKH69, Business Administration: Bachelor's degree Project in Financial and 
Management Accounting Undergraduate Level, 15 University Credit Points 
Authors: Isak Anderberg Törngren, Oscar Linard Pedersen, Joel Rydberg 
Advisor: Johan Dergård 
Key words: goodwill, synergy, IFRS 3, IAS 36, profitability 
Purpose: The purpose of this study is to examine the relationship between changes in goodwill 
and changes in profitability among Swedish publicly listed companies, and based on this, assess 
the relevance and reliability of goodwill accounting. 
Theoretical perspectives: Theories on synergy and goodwill, IASB Conceptual Framework for 
Financial Reporting, and DuPont analysis are used. 
Methodology: The study is quantitative and based on secondary data from Retriever Business. 
After compilation, the data was analyzed using linear regression analysis to identify any 
correlations. 
Result: The results from the analyses are presented in tables both throughout the report and in 
the appendices. 
Conclusion: The results indicate that there is no significant correlation between increased 
goodwill and improved profitability. However, some significance was found between decreased 
goodwill and reduced profitability. Goodwill is therefore considered to have limited predictive 
value.}},
  author       = {{Rydberg, Joel and Anderberg Törngren, Isak and Linard Pedersen, Oscar}},
  language     = {{swe}},
  note         = {{Student Paper}},
  title        = {{Goodwill - synergieffekt eller övervärdering?}},
  year         = {{2025}},
}