TURNOVER (x1000 EUR)
NET PROFIT (x1000 EUR)
EMPLOYEES
Volvo Car AB
Closing information (x1000 EUR)
| Closing information | 2023/12 (consolidated) | 2022/12 (consolidated) | 2021/12 (consolidated) | 
| Turnover | 
            35,989,816
                      | 
        
            29,667,155
                     | 
        27,578,738 | 
| Financial expenses | 
            142,304
                     | 
        
            220,968
                     | 
        246,213 | 
| Earnings before taxes | 
            1,879,957
                      | 
        
            1,870,456
                     | 
        1,834,378 | 
| EBITDA | 
            3,369,503
                     | 
        
            3,452,729
                     | 
        3,449,726 | 
| Total assets | 
            32,116,258
                      | 
        
            29,737,157
                     | 
        27,752,691 | 
| Current assets | 
            14,145,187
                     | 
        
            14,298,590
                     | 
        13,976,865 | 
| Current liabilities | 
            12,727,019
                      | 
        
            12,609,922
                     | 
        11,490,090 | 
| Equity capital | 
            11,388,879
                      | 
        
            10,239,390
                     | 
        8,841,193 | 
| - share capital | 
            5,497
                      | 
        
            5,482
                     | 
        5,965 | 
| 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 | 
            828
                      | 
        
            687
                     | 
        674 | 
| 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 | 
            6,236,301
                      | 
        
            4,322,313
                     | 
        1,878,575 | 
| 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.