The 23rd Guldbagge Awards ceremony, presented by the Swedish Film Institute, honored the best Swedish films of 1987, and took place on 1 February 1988. Pelle the Conqueror directed by Bille August was presented with the award for Best Film.^[1]

Awards

• Best Film: Pelle the Conqueror by Bille August
• Best Director: Kjell Grede for Hip Hip Hurrah!
• Best Actor: Max von Sydow for Pelle the Conqueror
• Best Actress: Lene Brøndum for Hip Hip Hurrah!
• Best Foreign Language Film: Out of Rosenheim by Percy Adlon
• Special Achievement: Bo Jonsson
• The Ingmar Bergman Award:
  • Inger Pehrsson
  • Ulf Berggren