Volvo Finland Ab
Volvo Finland Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 26.10.1994. Primary activity is wholesale of lorries and other heavy motor vehicles (TOL 46712). The company is located in Vantaa.
Overview
About the company
Volvo Finland Ab is a Finnish limited company (Oy), listed in the Finnish Trade Register since 26.10.1994. Primary activity is wholesale of lorries and other heavy motor vehicles (TOL 46712). The company is located in Vantaa.
Basic data
- Business name
- Volvo Finland Ab
- Registry code
- 0988022-7
- Legal form
- Limited company (Oy)
- Status
- Active
- First registration
- 26.10.1994
- Address
- Osumakuja, 01530, Vantaa
- Primary activity (TOL)
- 46712 – Wholesale of lorries and other heavy motor vehicles
- Website
- https://www.volvotrucks.fi
Financials
Revenue trend
Annual reports
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Revenue | 191,0 M€ | 219,5 M€ | 268,1 M€ | 337,5 M€ | 306,2 M€ |
| Operating profit | 11,1 M€ | 14,2 M€ | 14,1 M€ | 15,3 M€ | 14,3 M€ |
| Op. margin | 5.8 % | 6.5 % | 5.3 % | 4.5 % | 4.7 % |
| Growth | -12.7 % | +14.9 % | +22.1 % | +25.9 % | -9.3 % |
| Equity ratio | 36.1 % | 37.5 % | 30.8 % | 29.0 % | 27.3 % |
| Employees | 441 | 419 | 421 | 448 | 459 |
| Balance sheet | 86,9 M€ | 91,5 M€ | 108,2 M€ | 116,2 M€ | 116,4 M€ |
Tax data 2020–2024
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Taxable income | 10,3 M€ | 12,6 M€ | 13,7 M€ | 14,2 M€ | 11,8 M€ |
| Tax assessed | 2,1 M€ | 2,5 M€ | 2,7 M€ | 2,8 M€ | 2,4 M€ |
| Effective tax rate | 20.03 % | 20.02 % | 20.02 % | 20.02 % | 20.03 % |
| Tax refund | – | – | – | – | 378 k€ |
| Back-tax owed | – | – | – | – | – |
Source: official public tax records.
Board and representatives
Active people registered in the official company register, by role.
Location on map
The company's registered location: Vantaa.
About Volvo Finland Ab
Volvo Finland Ab (Business ID 0988022-7) is a Finnish limited company (Oy), registered in the Trade Register on 26.10.1994. Latest reported revenue is 306,2 M€ (2024), with about 459 employees, based in Vantaa.
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