The two Volvo companies, Volvo AB and Volvo Car AB seized the two top spots on the list of the top twenty companies with the highest turnover in Sweden as of August 2023. Ranked first was Volvo AB, with a turnover reaching more than 370 billion Swedish kronor. Volvo AB (also known as Volvo Group) is a world leading manufacturer of mainly trucks, but also buses, and marine and industrial engines.
Volvo Cars AB ranked as second
Volvo Cars AB was ranked second in the top twenty companies ranking in Sweden, with a turnover of more than 280 billion Swedish kronor. Volvo Cars used to be part of Volvo AB until 1999 and is today owned by the automotive company Geely.
Volvo Group on a global scale
Volvo Group’s net sales on a global scale indreased until 2019, but fell in 2020 after the outbreak of COVID-19. In 2022, Volvo Group's global revenue was 473 billion Swedish kronor.
Largest companies in Sweden as of August 2023, ranked by turnover
(in million SEK)
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Largestcompanies. (August 8, 2023). Largest companies in Sweden as of August 2023, ranked by turnover (in million SEK) [Graph]. In Statista. Retrieved July 17, 2024, from https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0
Largestcompanies. "Largest companies in Sweden as of August 2023, ranked by turnover (in million SEK)." Chart. August 8, 2023. Statista. Accessed July 17, 2024. https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0
Largestcompanies. (2023). Largest companies in Sweden as of August 2023, ranked by turnover (in million SEK). Statista. Statista Inc.. Accessed: July 17, 2024. https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0
Largestcompanies. "Largest Companies in Sweden as of August 2023, Ranked by Turnover (in Million Sek)." Statista, Statista Inc., 8 Aug 2023, https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0
Largestcompanies, Largest companies in Sweden as of August 2023, ranked by turnover (in million SEK) Statista, https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0 (last visited July 17, 2024)
Largest companies in Sweden as of August 2023, ranked by turnover (in million SEK) [Graph], Largestcompanies, August 8, 2023. [Online]. Available: https://www.statista.com/statistics/555103/sweden-20-largest-companies-by-turnover/?session=67304a240ebc3139deffb33ed96c23c0
