VOLVO NORGE AS
Operating
Drive og koordinere Volvo-konsernets virksomhet i Norge samt forvalte
strategiske investeringer i Norge. Selskapets virksomhet skal blant
annet omfatte import, klargjøring og videresalg av produkter fra
Volvo-konsernet og produkter som konsernet kjøper fra andre
leverandører, alt med tilbehør og reservedeler, samt hva hermed står i
forbindelse, som utbygging og drift av service og montasjeverksteder
for de solgte produkter.
Å koordinere Volvokonsernets virksomhet i Norge
samt forvalte strategiske investeringer i Norge.
Organization
- CEO
- KA
Karstein Ahlin1983
- Chairman of the board
- LM
- Years since formation
- 31 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 355
Ownership
- Number of shares and share classes
- 1
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2025
- 2,572,068,000
- NOK
- Annual total result 2025
- 90,034,000
- NOK
- Total equity 2025
- 214,953,000
- NOK
Last update: Jul 16, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KA 1983 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
LM | Chairman | - |
KA 1983 | Board Member | - |
FA 1995 | Board Member | - |
LA 1992 | Board Member | - |
| Board Member | - | |
RB 1969 | Alternate Member | - |
| Alternate Member | - | |
ER 1996 | Alternate Member | - |
KL | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Jul 6, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
VA | Ordinary shares | 1 | 100 % |
Shares owned by the VOLVO NORGE AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,310,000 | 100 % | |
| Ordinary shares | 100 | 50 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 2,572,068,000Operating profit 2025: NOK 122,003,000Employees: 355
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,572,068,000 | 2,707,141,000 | 2,349,139,000 | 2,057,760,000 | 1,898,889,183 |
Annual Total Result | 90,034,000 | 98,444,000 | 135,577,000 | 97,087,000 | 49,306,831 |
Total assets | 1,614,265,000 | 1,728,080,000 | 1,736,623,000 | 1,479,159,000 | 1,270,272,384 |
Total liabilities | 1,399,312,000 | 1,512,152,000 | 1,519,851,000 | 1,298,460,000 | 1,121,661,630 |
Total equity | 214,953,000 | 215,927,000 | 216,772,000 | 180,698,000 | 148,610,753 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,572,068,000 | 2,707,141,000 | 2,349,139,000 | 2,057,760,000 | 1,898,889,183 |
Total operating costs | 2,450,066,000 | 2,564,013,000 | 2,263,094,000 | 1,927,358,000 | 1,829,158,200 |
Operating result | 122,003,000 | 143,128,000 | 86,046,000 | 130,403,000 | 69,730,982 |
Financial income/costs | -6,340,000 | -14,668,000 | 67,157,000 | -6,809,000 | -7,658,312 |
Profit before tax | 115,663,000 | 128,460,000 | 153,203,000 | 123,593,000 | 62,072,670 |
Total tax & extraordinary income/cost | 25,629,000 | 30,016,000 | 17,626,000 | 26,506,000 | 12,765,839 |
Annual Total Result | 90,034,000 | 98,444,000 | 135,577,000 | 97,087,000 | 49,306,831 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 752,812,000 | 775,109,000 | 808,203,000 | 729,159,000 | 710,905,700 |
Total current assets | 861,453,000 | 952,971,000 | 928,420,000 | 749,999,000 | 559,366,684 |
Total assets | 1,614,265,000 | 1,728,080,000 | 1,736,623,000 | 1,479,159,000 | 1,270,272,384 |
Short term debt | 573,356,000 | 599,712,000 | 650,755,000 | 489,031,000 | 380,147,839 |
Long term debt | 825,956,000 | 912,440,000 | 869,097,000 | 809,429,000 | 741,513,791 |
Total liabilities | 1,399,312,000 | 1,512,152,000 | 1,519,851,000 | 1,298,460,000 | 1,121,661,630 |
Contributed capital | 44,450,000 | 44,450,000 | 44,450,000 | 44,450,000 | 44,450,281 |
Retained earnings | 170,502,000 | 171,477,000 | 172,322,000 | 136,248,000 | 104,160,472 |
Total equity | 214,953,000 | 215,927,000 | 216,772,000 | 180,698,000 | 148,610,753 |
Total equity and liabilities | 1,614,265,000 | 1,728,080,000 | 1,736,623,000 | 1,479,159,000 | 1,270,272,384 |
Classification
21st company classification
BETA
Industrial large enterprise
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises