KUEHNE + NAGEL AS
Global Freight Forwarding & Supply Chain Management | Kuehne+Nagel
With more than 81,000 employees at over 1,300 locations in close to 100 countries, the Kuehne+Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and road transport businesses, with a clear focus on high value-added segments such as IT-based integrated logistics solutions.
Keywords
mediationorganisationtransportcustoms agency operationsreceivingsendinggoodshandlingtransport documentswaybillspackingunpackingweighing
Organization
- CEO
- AF
Arne Faaberg1960
- Chairman of the board
- AF
Arne Faaberg1960
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 227
Ownership
- Number of shares and share classes
- 3,100
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 3,613,919,932
- NOK
- Annual total result 2024
- 53,158,135
- NOK
- Total equity 2024
- 18,945,580
- NOK
Last update: Jul 16, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
AF 1960 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LC | Board Member | - |
AF 1960 | Chairman | - |
ML | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Nov 29, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,100 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,613,919,932 | 3,690,684,429 | 5,263,254,566 | 3,270,133,972 |
Annual Total Result | 53,158,135 | 11,085,705 | 121,623,479 | 151,071,388 |
Total assets | 605,934,559 | 625,510,409 | 765,637,578 | 711,748,301 |
Total liabilities | 586,988,980 | 590,987,808 | 663,392,661 | 619,892,837 |
Total equity | 18,945,580 | 34,522,601 | 102,244,918 | 91,855,463 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 3,613,919,932 | 3,690,684,429 | 5,263,254,566 | 3,270,133,972 |
Total operating costs | 3,531,352,520 | 3,671,307,993 | 5,091,035,751 | 3,077,714,829 |
Operating result | 82,567,412 | 19,376,436 | 172,218,815 | 192,419,143 |
Financial income/costs | -4,493,004 | 5,381,604 | -5,156,870 | 1,753,649 |
Profit before tax | 78,074,408 | 24,758,040 | 167,061,945 | 194,172,792 |
Total tax & extraordinary income/cost | 24,916,273 | 13,672,335 | 45,438,466 | 43,101,404 |
Annual Total Result | 53,158,135 | 11,085,705 | 121,623,479 | 151,071,388 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 66,348,088 | 98,793,043 | 135,763,524 | 187,174,969 |
Total current assets | 539,586,471 | 526,717,366 | 629,874,054 | 524,573,332 |
Total assets | 605,934,559 | 625,510,409 | 765,637,578 | 711,748,301 |
Short term debt | 586,988,980 | 590,987,808 | 663,392,661 | 619,892,837 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 586,988,980 | 590,987,808 | 663,392,661 | 619,892,837 |
Contributed capital | 3,100,000 | 3,100,000 | 102,244,918 | 3,100,000 |
Retained earnings | 15,845,580 | 31,422,601 | 0 | 88,755,463 |
Total equity | 18,945,580 | 34,522,601 | 102,244,918 | 91,855,463 |
Total equity and liabilities | 605,934,560 | 625,510,409 | 765,637,579 | 711,748,300 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
H
Main industrial area
Transportation and storage
52
Activity
Warehousing and support activities for transportation
52.2
Main industrial group
Support activities for transportation
52.29
Industrial group
Other transportation supply services
52.291
Industrial group
Freight forwarding services