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Over the last few years, the net turnover of the Swedish concern Avicii Holding AB fluctuated, with a peak in 2015 at *** million Swedish kronor. In 2018, the net turnover of the company amounted to ** million Swedish kronor, which was a growth compared to the previous year. Similarly, the company result increased as well, from a loss of **** million Swedish kronor in 2017 to a profit of over ** million Swedish kronor as of 2018.

Avicii Holding concern

Avicii Holding AB was founded in 2013 by the Swedish producer and DJ Avicii. The company owns and manages shares of the music label Avicii Music AB and Avicii AB, both with their headquarter in Stockholm. Other subsidiary companies of the concern are based in Switzerland and Germany.

Life of Avicii

Avicii, whose real name was Tim Bergling died in April 2018 at the age of 28 years. He became famous for songs like ‘Wake me up’ or ‘Seek Bromance’. Shortly after his death, his songs were streamed even more on online music services like Spotify, both in Sweden as well as worldwide.