Largest Nordic Companies According To Forbes
The Forbes Global 2000 published on 18 April 2012 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 the most recent available 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) | Statoil | Stavanger, Norway | Oil and gas | 111.6 | 13.1 | 127.8 | 81.4 |
| 02 (135) | Nordea | Stockholm, Sweden | Banking | 21.7 | 3.4 | 933.8 | 39.7 |
| 03 (152) | A.P. Møller-Maersk | Copenhagen, Denmark | Transportation | 56.1 | 2.6 | 69.8 | 33.7 |
| 04 (183) | Volvo | Gothenburg, Sweden | Automotive | 45.0 | 2.6 | 49.7 | 30.2 |
| 05 (239) | Ericsson | Stockholm, Sweden | Telecommunication | 32.9 | 1.8 | 39.0 | 39.8 |
| 06 (260) | DNB | Oslo, Norway | Diversified financial | 11.6 | 2.2 | 356.1 | 21.1 |
| 07 (280) | SEB | Stockholm, Sweden | Banking | 13.5 | 1.6 | 344.5 | 19.2 |
| 08 (282) | Handelsbanken | Stockholm, Sweden | Banking | 10.9 | 1.8 | 358.0 | 23.2 |
| 09 (294) | TeliaSonera | Stockholm, Sweden | Telecommunications | 15.1 | 2.7 | 35.9 | 30.0 |
| 10 (311) | Swedbank | Stockholm, Sweden | Banking | 10.3 | 1.7 | 270.8 | 19.1 |
| 11 (353) | Telenor | Fornebu, Norway | Telecommunication | 16.4 | 1.3 | 27.8 | 33.9 |
| 12 (432) | Fortum | Espoo, Finland | Utilities | 8.0 | 2.3 | 29.7 | 16.8 |
| 13 (466) | Novo Nordisk | Copenhagen, Denmark | Health care | 11.6 | 3.0 | 10.9 | 90.3 |
| 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 good | 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 | 19.6 |
| 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 | 6.8 | 0.8 | 5.9 | 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 | Durable goods | 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 Oil | Espoo, Finland | Oil Refining | 20.0 | 0.2 | 9.4 | 3.1 |
| 45 (1506) | Wärtsilä | Helsinki, Finland | Manufacturing | 5.5 | 0.4 | 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, 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 |
Read more about this topic: List Of The Largest Nordic Companies
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