Supplier assessment

Volvo Norge AS

Org. no. 910712799 · Annen tjenesteyting · OSLO · 355 employees

Grade B Solid basis

Points78 of 100, weighted

Public contracts18 last 5 years, 13 different buyers

Fiscal year2025 Latest annual accounts we have

The grade is computed by fixed rules from the accounts, the register status and the contracts in Doffin. It is not made by AI.

Assessment · written from fixed rules

Volvo Norge AS gets grade B on the figures.

The accounts are solid in most areas, with a few points worth a look.

Strengths

The current ratio is 1.50: current assets cover current liabilities well.
The company has won 18 public contracts from 13 different buyers in the last 5 years.

Risks

Nothing to point out from the figures.

Questions to ask

Check that the figures still hold: ask for the latest interim figures if the contract is large.

This text is put together from fixed sentences. An AI-generated assessment follows once it has been written and checked.

How the grade is set

How the grade is set
Area	Points (0–100)	Weight	Basis
Solidity	52	30 %	Equity ratio 13.3%
Liquidity	85	20 %	Current ratio 1.50
Profitability	78	20 %	Operating margin 4.7%
Size and capacity	100	10 %	Largest contract against revenue, or revenue when there are no contracts
Experience from public contracts	100	20 %	Contracts and buyers in the last 5 years

Contracts won in the last 5 years

18 contracts from 13 different buyers, 50.7 MNOK in total where the value is given. 1 of them had only one tender.

Contracts won in the last 5 years
Date	Buyer	Contract	Value
29 September 2026	Gjøvik Kommune	EA-26-019-GK-Lastebil	3.1 MNOK
8 September 2026	Nord-gudbrandsdal Renovasjonsselskap Iks	Komprimatorbil med kran	–
22 June 2026	Valdres Kommunale Renovasjon IKS	Kjøp av renovasjonsbil og krokbil VKR	8.7 MNOK
22 June 2026	Valdres Kommunale Renovasjon IKS	Kjøp av renovasjonsbil og krokbil VKR	–
27 January 2025	Enebakk Kommune	Nyinnkjøp av lastebil til veistasjonen i Enebakk kommune	–
16 January 2025	Den Norske Opera & Ballett AS	Anskaffelse av Elektrisk Lastebil	–
2 December 2024	Lillestrøm Kommune	Anskaffelse av tre stk lastebiler	–
2 December 2024	Lillestrøm Kommune	Anskaffelse av tre stk lastebiler	–
2 December 2024	Lillestrøm Kommune	Anskaffelse av tre stk lastebiler	–
20 June 2024	Gran Kommune	Resultat av konkurranse - Kjøp av lastebil - samferdsel - Gran kommune	2.0 MNOK

Source: Doffin (DFØ), NLOD 2.0. The latest ten contracts are shown.

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Method

The grade is computed by fixed rules. Each area gets points from 0 to 100, and the points are weighted. Between the thresholds the points run smoothly, so a company with 38 % equity gets nearly the same as one with 40 %, not a whole step less. A missing area is left out and its weight shared among the rest. A is 80 points or more, B 65, C 50, D 35, and E below that.

Solidity (30 %): equity ratio. 0 % gives 25 points, 10 % gives 45, 20 % gives 65, 30 % gives 85 and 40 % or more gives 100, smoothly in between. Negative equity gives 0.
Liquidity (20 %): current ratio. 0.5 gives 10 points, 0.8 gives 40, 1.0 gives 55, 1.2 gives 70, 1.5 gives 85 and 2.0 or more gives 100, smoothly in between.
Profitability (20 %): average of operating and profit margin. 0 % gives 55 points, 5 % gives 80 and 10 % or more gives 100, smoothly in between. A negative margin gives 15.
Size and capacity (10 %): the largest Doffin contract against revenue. Under 10 % gives 100 points, under 30 % gives 70, under 60 % gives 40, otherwise 15. Without contracts revenue counts: 1 MNOK gives 50, 10 MNOK gives 70, 50 MNOK gives 85 and 1,000 MNOK or more gives 100, smoothly in between.
Experience from public contracts (20 %): contracts won in Doffin in the last five years. 10 or more gives 100 points, 3 gives 85 and 1 gives 65. Contracts from at least three different buyers give 10 points extra. No contracts do not count: many sound companies do not sell to the public sector, so the area is left out and its weight shared among the rest.

Hard signals override: bankruptcy or winding-up gives E, negative equity at most D, and missing annual accounts at most C.

The written assessment is written by artificial intelligence from the same figures and labelled «AI-generated». Every number in it is checked against the database before it is shown; if the check fails, text put together from fixed rules is shown. AI does not set the grade.

The assessment is an indication based on public data: the latest annual accounts from the Brønnøysund Register Centre and contracts in Doffin. It is not a credit rating and not advice to choose or reject a supplier. The page is not indexed by search engines.