VOLVO CAR NORWAY AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

46,75 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 019 782 000	6 979 360 000	4 871 520 000	5 097 192 000
Net Income	21 426 000	16 024 000	13 788 000	21 670 000
Total Assets	2 108 552 000	1 506 195 000	1 308 975 000	1 024 025 000
Total Equity	45 834 000	30 953 000	30 374 000	105 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 019 782 000	6 979 360 000	4 871 520 000	5 097 192 000
Expenditure	7 005 728 000	6 965 511 000	4 856 932 000	5 082 032 000
Operating Profit	14 054 000	13 849 000	14 589 000	15 159 000
Financial Income	14 501 000	6 751 000	3 606 000	12 341 000
Financial Costs	117 000	55 000	360 000	191 000
Financial Balance	14 384 000	6 696 000	3 246 000	12 150 000
Earnings Before Tax	28 438 000	20 545 000	17 835 000	27 310 000
Tax	7 012 000	4 520 000	4 046 000	5 640 000
Net Income	21 426 000	16 024 000	13 788 000	21 670 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 973 000	48 667 000	32 673 000	32 033 000
Total Current Assets	2 034 579 000	1 457 528 000	1 276 302 000	991 992 000
Total Assets	2 108 552 000	1 506 195 000	1 308 975 000	1 024 025 000
Total Retained Equity	15 834 000	953 000	374 000	0
Total Equity	45 834 000	30 953 000	30 374 000	105 240 000
Total Long-Term Debt	11 457 000	29 135 000	34 811 000	38 660 000
Total Current Debt	2 051 261 000	1 446 107 000	1 243 790 000	880 125 000
Total Equity and Debt	2 108 552 000	1 506 195 000	1 308 975 000	1 024 025 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 019 782 000	6 979 360 000	4 871 520 000	5 097 192 000
Other Income	0	0	0	0
Revenue	7 019 782 000	6 979 360 000	4 871 520 000	5 097 192 000
Cost of Goods Sold	6 837 571 000	6 801 708 000	4 701 353 000	4 916 370 000
Salary Costs	70 519 000	71 610 000	58 787 000	56 741 000
Depreciation	649 000	930 000	644 000	618 000
Impairment	0	0	0	0
Expenditure	7 005 728 000	6 965 511 000	4 856 932 000	5 082 032 000
Operating Profit	14 054 000	13 849 000	14 589 000	15 159 000
Financial Income	14 501 000	6 751 000	3 606 000	12 341 000
Financial Costs	117 000	55 000	360 000	191 000
Financial Balance	14 384 000	6 696 000	3 246 000	12 150 000
Dividends	0	17 000 000	25 000 000	0
Net Income	21 426 000	16 024 000	13 788 000	21 670 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	71 408 000	45 453 000	28 529 000	27 265 000
Real Eastate	0	0	0	1 162 000
Machinery and Plant Facilities	0	3 214 000	4 144 000	3 606 000
Fixtures	2 565 000	0	0	0
Total Tangible Assets	2 565 000	3 214 000	4 144 000	4 768 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 973 000	48 667 000	32 673 000	32 033 000
Stock	452 169 000	186 906 000	123 459 000	186 937 000
Total Investments	0	0	0	0
Cash, Bank	19 000	0	0	0
Total Current Assets	2 034 579 000	1 457 528 000	1 276 302 000	991 992 000
Total Assets	2 108 552 000	1 506 195 000	1 308 975 000	1 024 025 000
Total Equity	45 834 000	30 953 000	30 374 000	105 240 000
Short-Term Group Debt	1 335 601 000	903 434 000	672 283 000	295 845 000
Total Long-Term Debt	11 457 000	29 135 000	34 811 000	38 660 000
Creditors	32 839 000	28 027 000	35 820 000	45 680 000
Unpaid Taxes	0	126 037 000	218 394 000	223 591 000
Dividends	0	17 000 000	25 000 000	0
Other Current Debt	533 760 000	349 702 000	286 035 000	305 698 000
Total Current Debt	2 051 261 000	1 446 107 000	1 243 790 000	880 125 000
Total Equity and Debt	2 108 552 000	1 506 195 000	1 308 975 000	1 024 025 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,75 %	51,77 %	45,39 %	20,59 %
Debt-to-Equity Ratio	0,25	0,94	1,15	0,37
Operating Profit Margin	0,2 %	0,2 %	0,3 %	0,3 %
Current Ratio	0,99	1,01	1,03	1,13
Quick Ratio	1,27	1,16	1,14	1,43
Equity Ratio	0,02	0,02	0,02	0,1
Gross Profit Margin	2,6 %	2,55 %	3,49 %	3,55 %