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List of largest Nordic companies

January 01, 1970

This is a list of the largest companies from the Nordic countries, as determined by different factors. There are several ways of ranking companies, be it by revenue, income, market value or number of employees. Arguably, the most complete list, is the annual Forbes Global 2000 list, a ranking based on four metrics. Of note, IKEA Group, with $37.6 billion in annual revenue and $4.8 billion in annual profit, is not included on the Forbes Global 2000 list.

Largest Nordic companies according to Forbes edit

The Forbes Global 2000 published on 18 April 2012[1] is a ranking of largest companies in the world, by a mix of four metrics: sales, profits, assets and market value. The ranking number shows the ranking among all other Nordic companies on the list, while the number displayed within parenthesis shows the actual ranking among all the companies on the Forbes Global 2000 list.

The ranking is based on annual reports, as of April 2012. As a consequence, the data is most likely based on 2011 annual reports and market values are most likely those of April 2012 (unless otherwise noted). Furthermore, the ranking does not take privately or state-owned enterprises into account.

Rank Company Headquarters Industry Revenue
(billion $) 		Profits
(billion $) 		Assets
(billion $) 		Market value
(billion $)
01 (41) Equinor   Stavanger, Norway Oil and gas 111.6 13.1 127.8 81.4[2]
02 (135) Nordea   Helsinki, Finland Banking 21.7 3.4 933.8 39.7[3]
03 (152) A.P. Møller-Maersk   Copenhagen, Denmark Transportation 56.1 2.6 69.8 33.7[4][5]
04 (183) Volvo   Gothenburg, Sweden Automotive 45.0 2.6 49.7 30.2[6][7]
05 (239) Ericsson   Stockholm, Sweden Telecommunication 32.9 1.8 19.0 19.4[8][9]
06 (260) DNB   Oslo, Norway Diversified financial 11.6 2.2 356.1 21.1[10]
07 (280) SEB   Stockholm, Sweden Banking 13.5 1.6 344.5 19.2[11][12]
08 (282) Handelsbanken   Stockholm, Sweden Banking 10.9 1.8 358.0 23.2[13][14]
09 (294) Telia   Stockholm, Sweden Telecommunications 15.1 2.7 35.9 30.0[15]
10 (311) Swedbank   Stockholm, Sweden Banking 10.3 1.7 270.8 19.1[16]
11 (353) Telenor   Fornebu, Norway Telecommunication 16.4 1.3 27.8 33.9[17]
12 (432) Fortum   Espoo, Finland Utilities 3.9 0.9 29.7 16.8[18]
13 (466) Novo Nordisk   Copenhagen, Denmark Health care 11.6 3.0 10.9 90.3[19]
14 (489) H&M   Stockholm, Sweden Retailing 16.3 2.3 8.7 61.6
15 (498) Danske Bank   Copenhagen, Denmark Banking 20.0 0.3 597.8 15.8
16 (503) Sampo Group   Helsinki, Finland Insurance 7.2 1.3 38.3 16.3
17 (504) Norsk Hydro   Oslo, Norway Industrial 16.3 1.1 22.2 11.7
18 (528) Atlas Copco   Stockholm, Sweden Capital goods 13.6 0.8 14.4 19.0
19 (563) Carlsberg Group   Copenhagen, Denmark Brewery 11.1 0.9 25.6 12.8
20 (573) Nokia   Espoo, Finland Technology 50.1 -1.5 44.6 32.8
21 (574) Yara International   Oslo, Norway Chemical industry 13.0 2.0 12.1 13.3
22 (578) Sandvik   Sandviken, Sweden Capital goods 13.6 0.8 14.4 19.0
23 (707) Skanska   Stockholm, Sweden Construction 17.2 1.1 11.8 7.5
24 (765) UPM-Kymmene   Helsinki, Finland Materials 13.0 0.6 19.3 7.2
25 (845) SKF   Gothenburg, Sweden Manufacturing 9.6 0.9 8.5 11.5
26 (902) Stora Enso   Helsinki, Finland Manufacturing 14.2 0.4 16.7 6.0
27 (904) Svenska Cellulosa Aktiebolaget   Stockholm, Sweden Consumer Goods 11.8 0.1 20.2 12.5
28 (937) Kone   Espoo, Finland Engineering 9.5 1.2 8.4 14.9
29 (1098) Electrolux   Stockholm, Sweden Manufacturing 14.7 0.3 10.7 6.8
30 (1101) Assa Abloy   Stockholm, Sweden Manufacturing 6.1 0.6 8.1 11.2
32 (1131) Investor   Stockholm, Sweden Diversified financials 2.8 -1.3 31.2 17.0
32 (1170) Tele2   Stockholm, Sweden Telecommunications 5.9 0.7 6.4 8.6
33 (1175) Metso   Helsinki, Finland Capital goods 8.6 0.5 8.4 7.3
34 (1226) Autoliv   Stockholm, Sweden Automotive 8.2 0.6 6.1 6.2
35 (1254) Orkla Group   Oslo, Norway Media 10.2 -0.1 11.1 8.2
36 (1297) Kinnevik   Stockholm, Sweden Investment 1.3 1.0 10.2 6.3
37 (1363) Storebrand   Oslo, Norway Insurance 5.6 0.1 67.2 2.4
38 (1373) TDC A/S   Copenhagen, Denmark Telecommunications 4.6 0.5 11.4 6.0
39 (1376) OP-Pohjola Group   Helsinki, Finland Financial services 4.9 0.3 53.3 3.7
40 (1388) Aker Solutions   Oslo, Norway Engineering 6.1 0.9 5.6 4.5
41 (1416) Gjensidige   Oslo, Norway Insurance 3.6 0.5 14.7 5.9
42 (1481) L E Lundbergföretagen   Stockholm, Sweden Investment 3.3 0.7 12.5 4.2
43 (1488) Alfa Laval   Lund, Sweden Manufacturing 4.2 0.5 4.8 8.7
44 (1495) Neste   Espoo, Finland Oil refining 20.0 0.2 9.4 3.1
45 (1506) Wärtsilä   Helsinki, Finland Manufacturing 5.6 0.6 5.8 7.2
46 (1619) Boliden AB   Stockholm, Sweden Mining 5.8 0.5 5.5 4.6
47 (1686) Jyske Bank   Silkeborg, Denmark Banking 1.6 0.1 47.2 2.4
48 (1750) Swedish Match   Stockholm, Sweden Tobacco 1.7 0.4 2.1 8.1
49 (1816) Hexagon AB   Stockholm, Sweden Technology 2.8 0.4 6.8 7.0
50 (1868) Nokian Tyres   Nokia, Finland Manufacturing 1.9 0.4 2.4 6.4
51 (1883) Kesko   Helsinki, Finland Retail 12.3 0.2 5.4 3.2
52 (1889) Novozymes   Copenhagen, Denmark Health care 1.8 0.3 2.4 7.9
53 (1929) Sydbank   Aabenraa, Denmark Banking 1.0 0.0 26.8 1.4
54 (1935) Getinge Group   Getinge, Sweden Medical technology 3.2 0.4 6.0 6.6
55 (1937) Coloplast   Copenhagen, Denmark Medical equipment 1.8 0.3 1.6 7.3
56 (1948) Vestas   Aarhus, Denmark Manufacturing 7.6 -0.2 9.6 2.3

Divided by country edit

To put a perspective on the differences between the number of companies in the Nordic nations, this list shows the annual number of companies from a given nation, that made the list. Note that Iceland is no longer represented, primarily because of the 2008–2012 Icelandic financial crisis in which several banks collapsed.

Country 2008-list 2009-list 2010-list 2011-list 2012-list
  Sweden 20 22 27 22 25
  Finland 16 13 11 12 12
  Norway 14 9 10 10 9
  Denmark 9 12 13 10 10
  Iceland 4 0 0 0 0

Largest employers edit

This is a list of the largest employers in the Nordic nations, based on the most recent annual reports. Both private and public companies are represented on the list, though public employers are not. IKEA would rank 4 on this list with its 123,000 employees, had its official headquarters been in Sweden instead of in the Netherlands.[20]

References edit

  1. ^ "The World's Biggest Public Companies". Forbes. 2012-04-18. Retrieved 2013-01-03.
  2. ^ "Statoil Key Statistics". Yahoo Finance. 2012-04-18. Retrieved 2013-01-03.
  3. ^ "Nordea Bank AB Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  4. ^ "A.P. Møller- Mærsk A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  5. ^ "A.P. Møller- Mærsk B Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  6. ^ "Volvo AB ser A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  7. ^ "Volvo AB ser B Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  8. ^ "Ericsson Telefonab L M ser A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.[permanent dead link]
  9. ^ "Ericsson Telefonab L M ser B Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  10. ^ "DNB ASA Overview". Euroinvestor. 2012-04-18. Archived from the original on 2013-02-16. Retrieved 2013-01-03.
  11. ^ "Skandinaviska Enskilda Banken A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  12. ^ "Skandinaviska Enskilda Banken A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  13. ^ "Svenska Handelsbanken ser A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  14. ^ "Svenska Handelsbanken ser B Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  15. ^ "TeliaSonera AB Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  16. ^ "Swedbank AB ser A Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.[permanent dead link]
  17. ^ "Telenor Overview". Euroinvestor. 2012-04-18. Retrieved 2013-01-03.
  18. ^ . Fortum. 2016. Archived from the original on 2016-04-22. Retrieved 2016-09-23.
  19. ^ "Novo Nordisk A/S Key Statistics". Yahoo Finance. 2012-04-18. Retrieved 2013-01-03.
  20. ^ "IKEA Fact & Figures". IKEA. 2012-04-18. Retrieved 2013-01-03.
  21. ^ "ISS Annual Report 2011 (Page 2)". ISS A/S. 2012-04-18. Retrieved 2013-01-03.
  22. ^ (PDF). Securitas AB. 2012-04-18. Archived from the original (PDF) on 2012-05-15. Retrieved 2013-01-03.
  23. ^ (PDF). Nokiaj. 2012-04-18. Archived from the original (PDF) on 2013-06-02. Retrieved 2013-01-03.
  24. ^ "A.P. Moller-Maersk Group Annual Report 2011 (Page 85)" (PDF). A.P. Moller-Maersk Group. 2012-04-18. Retrieved 2013-01-03.
  25. ^ "Ericsson Annual Report" (PDF). Ericsson. 2012-04-18. Retrieved 2013-01-03.
  26. ^ (PDF). Volvo. 2012-04-18. Archived from the original (PDF) on 2012-12-09. Retrieved 2013-01-03.
  27. ^ "H&M Annual Report 2011" (PDF). H&M. 2012-04-18. Retrieved 2013-01-03.
  28. ^ "Electrolux Annual Report 2011" (PDF). Electrolux. 2012-04-18. Retrieved 2013-01-03.
  29. ^ "Skanska Annual Report 2011" (PDF). Skanska. 2012-04-18. Retrieved 2013-01-03.
  30. ^ (PDF). Sandvik. 2012-04-18. Archived from the original (PDF) on 2012-09-14. Retrieved 2013-01-03.

January 01, 1970
list, largest, nordic, companies, this, article, needs, updated, please, help, update, this, article, reflect, recent, events, newly, available, information, july, 2021, this, list, largest, companies, from, nordic, countries, determined, different, factors, t. This article needs to be updated Please help update this article to reflect recent events or newly available information July 2021 This is a list of the largest companies from the Nordic countries as determined by different factors There are several ways of ranking companies be it by revenue income market value or number of employees Arguably the most complete list is the annual Forbes Global 2000 list a ranking based on four metrics Of note IKEA Group with 37 6 billion in annual revenue and 4 8 billion in annual profit is not included on the Forbes Global 2000 list Contents 1 Largest Nordic companies according to Forbes 2 Divided by country 3 Largest employers 4 ReferencesLargest Nordic companies according to Forbes editThe Forbes Global 2000 published on 18 April 2012 1 is a ranking of largest companies in the world by a mix of four metrics sales profits assets and market value The ranking number shows the ranking among all other Nordic companies on the list while the number displayed within parenthesis shows the actual ranking among all the companies on the Forbes Global 2000 list The ranking is based on annual reports as of April 2012 As a consequence the data is most likely based on 2011 annual reports and market values are most likely those of April 2012 unless otherwise noted Furthermore the ranking does not take privately or state owned enterprises into account Rank Company Headquarters Industry Revenue billion Profits billion Assets billion Market value billion 01 41 Equinor nbsp Stavanger Norway Oil and gas 111 6 13 1 127 8 81 4 2 02 135 Nordea nbsp Helsinki Finland Banking 21 7 3 4 933 8 39 7 3 03 152 A P Moller Maersk nbsp Copenhagen Denmark Transportation 56 1 2 6 69 8 33 7 4 5 04 183 Volvo nbsp Gothenburg Sweden Automotive 45 0 2 6 49 7 30 2 6 7 05 239 Ericsson nbsp Stockholm Sweden Telecommunication 32 9 1 8 19 0 19 4 8 9 06 260 DNB nbsp Oslo Norway Diversified financial 11 6 2 2 356 1 21 1 10 07 280 SEB nbsp Stockholm Sweden Banking 13 5 1 6 344 5 19 2 11 12 08 282 Handelsbanken nbsp Stockholm Sweden Banking 10 9 1 8 358 0 23 2 13 14 09 294 Telia nbsp Stockholm Sweden Telecommunications 15 1 2 7 35 9 30 0 15 10 311 Swedbank nbsp Stockholm Sweden Banking 10 3 1 7 270 8 19 1 16 11 353 Telenor nbsp Fornebu Norway Telecommunication 16 4 1 3 27 8 33 9 17 12 432 Fortum nbsp Espoo Finland Utilities 3 9 0 9 29 7 16 8 18 13 466 Novo Nordisk nbsp Copenhagen Denmark Health care 11 6 3 0 10 9 90 3 19 14 489 H amp M nbsp Stockholm Sweden Retailing 16 3 2 3 8 7 61 6 15 498 Danske Bank nbsp Copenhagen Denmark Banking 20 0 0 3 597 8 15 8 16 503 Sampo Group nbsp Helsinki Finland Insurance 7 2 1 3 38 3 16 3 17 504 Norsk Hydro nbsp Oslo Norway Industrial 16 3 1 1 22 2 11 7 18 528 Atlas Copco nbsp Stockholm Sweden Capital goods 13 6 0 8 14 4 19 0 19 563 Carlsberg Group nbsp Copenhagen Denmark Brewery 11 1 0 9 25 6 12 8 20 573 Nokia nbsp Espoo Finland Technology 50 1 1 5 44 6 32 8 21 574 Yara International nbsp Oslo Norway Chemical industry 13 0 2 0 12 1 13 3 22 578 Sandvik nbsp Sandviken Sweden Capital goods 13 6 0 8 14 4 19 0 23 707 Skanska nbsp Stockholm Sweden Construction 17 2 1 1 11 8 7 5 24 765 UPM Kymmene nbsp Helsinki Finland Materials 13 0 0 6 19 3 7 2 25 845 SKF nbsp Gothenburg Sweden Manufacturing 9 6 0 9 8 5 11 5 26 902 Stora Enso nbsp Helsinki Finland Manufacturing 14 2 0 4 16 7 6 0 27 904 Svenska Cellulosa Aktiebolaget nbsp Stockholm Sweden Consumer Goods 11 8 0 1 20 2 12 5 28 937 Kone nbsp Espoo Finland Engineering 9 5 1 2 8 4 14 9 29 1098 Electrolux nbsp Stockholm Sweden Manufacturing 14 7 0 3 10 7 6 8 30 1101 Assa Abloy nbsp Stockholm Sweden Manufacturing 6 1 0 6 8 1 11 2 32 1131 Investor nbsp Stockholm Sweden Diversified financials 2 8 1 3 31 2 17 0 32 1170 Tele2 nbsp Stockholm Sweden Telecommunications 5 9 0 7 6 4 8 6 33 1175 Metso nbsp Helsinki Finland Capital goods 8 6 0 5 8 4 7 3 34 1226 Autoliv nbsp Stockholm Sweden Automotive 8 2 0 6 6 1 6 2 35 1254 Orkla Group nbsp Oslo Norway Media 10 2 0 1 11 1 8 2 36 1297 Kinnevik nbsp Stockholm Sweden Investment 1 3 1 0 10 2 6 3 37 1363 Storebrand nbsp Oslo Norway Insurance 5 6 0 1 67 2 2 4 38 1373 TDC A S nbsp Copenhagen Denmark Telecommunications 4 6 0 5 11 4 6 0 39 1376 OP Pohjola Group nbsp Helsinki Finland Financial services 4 9 0 3 53 3 3 7 40 1388 Aker Solutions nbsp Oslo Norway Engineering 6 1 0 9 5 6 4 5 41 1416 Gjensidige nbsp Oslo Norway Insurance 3 6 0 5 14 7 5 9 42 1481 L E Lundbergforetagen nbsp Stockholm Sweden Investment 3 3 0 7 12 5 4 2 43 1488 Alfa Laval nbsp Lund Sweden Manufacturing 4 2 0 5 4 8 8 7 44 1495 Neste nbsp Espoo Finland Oil refining 20 0 0 2 9 4 3 1 45 1506 Wartsila nbsp Helsinki Finland Manufacturing 5 6 0 6 5 8 7 2 46 1619 Boliden AB nbsp Stockholm Sweden Mining 5 8 0 5 5 5 4 6 47 1686 Jyske Bank nbsp Silkeborg Denmark Banking 1 6 0 1 47 2 2 4 48 1750 Swedish Match nbsp Stockholm Sweden Tobacco 1 7 0 4 2 1 8 1 49 1816 Hexagon AB nbsp Stockholm Sweden Technology 2 8 0 4 6 8 7 0 50 1868 Nokian Tyres nbsp Nokia Finland Manufacturing 1 9 0 4 2 4 6 4 51 1883 Kesko nbsp Helsinki Finland Retail 12 3 0 2 5 4 3 2 52 1889 Novozymes nbsp Copenhagen Denmark Health care 1 8 0 3 2 4 7 9 53 1929 Sydbank nbsp Aabenraa Denmark Banking 1 0 0 0 26 8 1 4 54 1935 Getinge Group nbsp Getinge Sweden Medical technology 3 2 0 4 6 0 6 6 55 1937 Coloplast nbsp Copenhagen Denmark Medical equipment 1 8 0 3 1 6 7 3 56 1948 Vestas nbsp Aarhus Denmark Manufacturing 7 6 0 2 9 6 2 3Divided by country editTo put a perspective on the differences between the number of companies in the Nordic nations this list shows the annual number of companies from a given nation that made the list Note that Iceland is no longer represented primarily because of the 2008 2012 Icelandic financial crisis in which several banks collapsed Country 2008 list 2009 list 2010 list 2011 list 2012 list nbsp Sweden 20 22 27 22 25 nbsp Finland 16 13 11 12 12 nbsp Norway 14 9 10 10 9 nbsp Denmark 9 12 13 10 10 nbsp Iceland 4 0 0 0 0Largest employers editThis is a list of the largest employers in the Nordic nations based on the most recent annual reports Both private and public companies are represented on the list though public employers are not IKEA would rank 4 on this list with its 123 000 employees had its official headquarters been in Sweden instead of in the Netherlands 20 Rank Company Headquarters Industry Employees Reference date 1 ISS nbsp Copenhagen Denmark Facility Management 534 500 2011 21 2 Securitas nbsp Stockholm Sweden Security Services 335 945 2016 22 3 Nokia nbsp Espoo Finland Technology 130 050 2011 23 4 A P Moller Maersk nbsp Copenhagen Denmark Transportation 117 080 2011 24 5 Ericsson nbsp Stockholm Sweden Telecommunication 104 525 2011 25 6 Volvo nbsp Gothenburg Sweden Automotive 98 162 2011 26 7 H amp M nbsp Stockholm Sweden Retailing 64 874 2011 27 8 Electrolux nbsp Stockholm Sweden Manufacturing 52 916 2011 28 9 Skanska nbsp Stockholm Sweden Construction 52 557 2011 29 10 Sandvik nbsp Sandviken Sweden Capital goods 50 030 2011 30 References edit The World s Biggest Public Companies Forbes 2012 04 18 Retrieved 2013 01 03 Statoil Key Statistics Yahoo Finance 2012 04 18 Retrieved 2013 01 03 Nordea Bank AB Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 A P Moller Maersk A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 A P Moller Maersk B Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Volvo AB ser A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Volvo AB ser B Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Ericsson Telefonab L M ser A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 permanent dead link Ericsson Telefonab L M ser B Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 DNB ASA Overview Euroinvestor 2012 04 18 Archived from the original on 2013 02 16 Retrieved 2013 01 03 Skandinaviska Enskilda Banken A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Skandinaviska Enskilda Banken A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Svenska Handelsbanken ser A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Svenska Handelsbanken ser B Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 TeliaSonera AB Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Swedbank AB ser A Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 permanent dead link Telenor Overview Euroinvestor 2012 04 18 Retrieved 2013 01 03 Fortum Annual Review 2015 Fortum 2016 Archived from the original on 2016 04 22 Retrieved 2016 09 23 Novo Nordisk A S Key Statistics Yahoo Finance 2012 04 18 Retrieved 2013 01 03 IKEA Fact amp Figures IKEA 2012 04 18 Retrieved 2013 01 03 ISS Annual Report 2011 Page 2 ISS A S 2012 04 18 Retrieved 2013 01 03 Securitas Annual Report 2011 Page 102 PDF Securitas AB 2012 04 18 Archived from the original PDF on 2012 05 15 Retrieved 2013 01 03 Nokia Form 20 A 2011 Page 48 PDF Nokiaj 2012 04 18 Archived from the original PDF on 2013 06 02 Retrieved 2013 01 03 A P Moller Maersk Group Annual Report 2011 Page 85 PDF A P Moller Maersk Group 2012 04 18 Retrieved 2013 01 03 Ericsson Annual Report PDF Ericsson 2012 04 18 Retrieved 2013 01 03 Volvo Annual Report 2011 Page 48 PDF Volvo 2012 04 18 Archived from the original PDF on 2012 12 09 Retrieved 2013 01 03 H amp M Annual Report 2011 PDF H amp M 2012 04 18 Retrieved 2013 01 03 Electrolux Annual Report 2011 PDF Electrolux 2012 04 18 Retrieved 2013 01 03 Skanska Annual Report 2011 PDF Skanska 2012 04 18 Retrieved 2013 01 03 Sandvik Annual Report 2011 Page 3 PDF Sandvik 2012 04 18 Archived from the original PDF on 2012 09 14 Retrieved 2013 01 03 Retrieved from https en wikipedia org w index php title List of largest Nordic companies amp oldid 1190524262, wikipedia, wiki, book, books, library,

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