If the profits of the white goods company Electrolux do not improve quickly, the credit rating is likely to be lowered to junk status in 2025. This is according to Dagens industri in an analysis.

The newspaper has checked the company's income statements and balance sheets ten years back and found several very worrying trends that need to be addressed.

"Rarely have we seen a large company fail in such a short time as Electrolux has done in recent years. The responsibility ultimately lies with the main shareholder Investor, which must now clean up the mess, perhaps by guaranteeing a new share issue early next year," the analysis says.