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Volvo Norge AS
AS
Active
Org 910712799
Strømsveien 316, 1081
Oslo
Repair and maintenance of motor vehicles
·
NACE 9531
Est. 1956 · 70 years old
355 employees
Monitor
Share
Norway
/
Companies
/
Repair and maintenance of motor vehicles
/
Volvo Norge AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
3.4B
2.5B
1.7B
0.8B
-0.0B
2021: 1.9B
1.9B
2021
2022: 2.1B (+8% vs 2021)
2.1B
+8%
2022
2023: 2.3B (+14% vs 2022)
2.3B
+14%
2023
2024: 2.7B (+15% vs 2023)
2.7B
+15%
2024
2025: 2.6B (-5% vs 2024)
2.6B
-5%
2025
EBITDA
NOK millions
303M
227M
151M
76M
0M
2021: 157M
157M
2021
2022: 218M (+39% vs 2021)
218M
+39%
2022
2023: 183M (-16% vs 2022)
183M
-16%
2023
2024: 243M (+33% vs 2023)
243M
+33%
2024
2025: 222M (-9% vs 2024)
222M
-9%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
2 572 068
2 707 141
2 349 139
2 057 760
1 898 889
Staff expenses
−371 092
−337 979
−336 169
−271 003
−281 553
EBITDA
221 547
242 839
182 688
217 572
156 533
Depreciation & amort.
−99 544
−99 711
−96 642
−87 169
−86 802
EBIT
122 003
143 128
86 046
130 403
69 731
Net financials
−6 340
−14 668
67 157
−6 809
−7 658
Profit before tax
115 663
128 460
153 203
123 593
62 073
Tax
25 707
28 594
140
333
13 678
Net profit
90 034
98 444
135 577
97 087
49 307
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
1 614 265
1 728 080
1 736 623
1 479 159
1 270 272
Equity
214 953
215 927
216 772
180 698
148 611
Long-term debt
145 223
158 993
174 026
181 429
200 715
Short-term debt
573 356
599 712
650 755
489 031
380 148
Total debt
718 579
758 705
824 780
670 460
580 863
Financial ratios
5-year trend
EBITDA margin
8,6 %
This company
15,8 %
Market median
This company
Market median
46% below market
2021
2025
Equity ratio
13,3 %
This company
38,2 %
Market median
This company
Market median
65% below market
2021
2025
Return on equity
41,9 %
This company
18,4 %
Market median
This company
Market median
128% above market
2021
2025
Net profit margin
3,5 %
This company
8,1 %
Market median
This company
Market median
57% below market
2021
2025
Asset turnover
1,59×
This company
1,12×
Market median
This company
Market median
42% above market
2021
2025
Debt / equity
6,51×
This company
0,62×
Market median
This company
Market median
950% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Volvo Norge AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
