TURNOVER (x1000 NOK)
NET PROFIT (x1000 NOK)
EMPLOYEES
Volvo Car AB
Closing information (x1000 NOK)
| Closing information | 2023/12 (consolidated) | 2022/12 (consolidated) | 2021/12 (consolidated) | 
| Turnover | 
            404,547,127
                      | 
        
            312,288,339
                     | 
        275,056,548 | 
| Financial expenses | 
            1,599,577
                     | 
        
            2,325,999
                     | 
        2,455,610 | 
| Earnings before taxes | 
            21,131,842
                      | 
        
            19,689,172
                     | 
        18,295,169 | 
| EBITDA | 
            37,875,230
                      | 
        
            36,344,803
                     | 
        34,405,840 | 
| Total assets | 
            361,006,011
                      | 
        
            313,025,205
                     | 
        276,791,468 | 
| Current assets | 
            159,000,394
                      | 
        
            150,512,679
                     | 
        139,398,262 | 
| Current liabilities | 
            143,059,327
                      | 
        
            132,737,088
                     | 
        114,596,411 | 
| Equity capital | 
            128,017,832
                      | 
        
            107,783,911
                     | 
        88,177,642 | 
| - share capital | 
            61,795
                      | 
        
            57,701
                     | 
        59,489 | 
| Employees (average) | 
            43,446
                      | 
        
            43,169
                     | 
        40,891 | 
Financial ratios
| Fiscal year | 2023/12 (consolidated) | 2022/12 (consolidated) | 2021/12 (consolidated) | 
| Solvency | 
            35.5%
                      | 
        
            34.4%
                     | 
        31.9% | 
| Turnover per employee | 
            9,311
                      | 
        
            7,234
                     | 
        6,727 | 
| Profit as a percentage of turnover | 
            5.2%
                     | 
        
            6.3%
                     | 
        6.7% | 
| Return on assets (ROA) | 
            6.3%
                     | 
        
            7.0%
                     | 
        7.5% | 
| Current ratio | 
            111.1%
                     | 
        
            113.4%
                     | 
        121.6% | 
| Return on equity (ROE) | 
            16.5%
                     | 
        
            18.3%
                     | 
        20.7% | 
| Change turnover | 
            70,099,769
                      | 
        
            45,498,400
                     | 
        18,735,969 | 
| Change turnover % | 
            21%
                      | 
        
            17%
                     | 
        7% | 
| Chg. No. of employees | 
            277
                     | 
        
            2,278
                     | 
        2,548 | 
| Chg. No. of employees % | 
            1%
                     | 
        
            6%
                     | 
        7% | 
Total value of public sale
| Fiscal year | 2023/12 (consolidated) | 2022/12 (consolidated) | 2021/12 (consolidated) | 
| Total value of public sale | 
            0
                     
         | 
        
            0
                     
         | 
        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.