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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 DKK)

NET PROFIT (x1000 DKK)

EMPLOYEES

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Volvo Car Norway AS

Closing information (x1000 DKK)

Closing information 2023/12 2022/12 2021/12
Turnover 3,830,554 More Arrow 4,959,075 More Arrow 5,203,852
Financial expenses 1,199 Less Arrow 83 Less Arrow 41
Earnings before taxes 18,950 More Arrow 20,090 Less Arrow 15,318
Total assets 507,997 More Arrow 1,489,571 Less Arrow 1,123,028
Current assets 443,396 More Arrow 1,437,314 Less Arrow 1,086,741
Current liabilities 458,788 More Arrow 1,449,099 Less Arrow 1,078,226
Equity capital 43,768 Less Arrow 32,379 Less Arrow 23,079
- share capital 19,891 More Arrow 21,193 More Arrow 22,368
Employees (average) 50

Financial ratios

Fiscal year 2023/12 2022/12 2021/12
Solvency 8.6% Less Arrow 2.2% Less Arrow 2.1%
Turnover per employee 104,077
Profit as a percentage of turnover 0.5% Less Arrow 0.4% Less Arrow 0.3%
Return on assets (ROA) 4.0% Less Arrow 1.4% Equal arrow 1.4%
Current ratio 96.6% More Arrow 99.2% More Arrow 100.8%
Return on equity (ROE) 43.3% More Arrow 62.0% More Arrow 66.4%
Change turnover -823,801 More Arrow 28,556 More Arrow 1,571,618
Change turnover % -18% More Arrow 1% More Arrow 43%
Chg. No. of employees 7
Chg. No. of employees % 16%

Total value of public sale

Fiscal year 2023/12 2022/12 2021/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.