TURNOVER (x1000 DKK)
NET PROFIT (x1000 DKK)
EMPLOYEES
Volvo Car AB
Closing information (x1000 DKK)
| Closing information | 2023/12 (consolidated) | 2022/12 (consolidated) | 2021/12 (consolidated) | 
| Turnover | 
            268,228,501
                      | 
        
            220,613,864
                     | 
        205,083,773 | 
| Financial expenses | 
            1,060,574
                     | 
        
            1,643,186
                     | 
        1,830,917 | 
| Earnings before taxes | 
            14,011,130
                      | 
        
            13,909,275
                     | 
        13,640,985 | 
| EBITDA | 
            25,112,565
                     | 
        
            25,675,526
                     | 
        25,653,195 | 
| Total assets | 
            239,359,260
                      | 
        
            221,134,418
                     | 
        206,377,339 | 
| Current assets | 
            105,422,668
                     | 
        
            106,328,605
                     | 
        103,936,161 | 
| Current liabilities | 
            94,853,198
                      | 
        
            93,771,166
                     | 
        85,443,755 | 
| Equity capital | 
            84,880,175
                      | 
        
            76,143,173
                     | 
        65,745,766 | 
| - share capital | 
            40,972
                      | 
        
            40,762
                     | 
        44,355 | 
| 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 | 
            6,174
                      | 
        
            5,110
                     | 
        5,015 | 
| 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 | 
            46,478,530
                      | 
        
            32,142,019
                     | 
        13,969,648 | 
| 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.