All limited firms in Sweden are legally bound to submit an annual report to the Swedish Patent and Registration Office (PRV). This study uses data collected from MM (Market Manager)-Partner, now merged with PAR, a Swedish consulting firm that gathers economic information from PRV. This information is primarily used by decision-makers and stakeholders in Swedish commercial life. Our data comprise all Swedish limited companies active at some point between 1997 and 2005, in total 288,757 firms, and include all variables that can be found in the annual reports, ., profits, number of employees, salaries, fixed costs and liquidity. .