This is a list of the largest

companies A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...

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

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 Sales are activities related to selling or the number of goods sold in a given targeted time period. The delivery of a service for a cost is also considered a sale. The seller, or the provider of the goods or services, completes a sale in ...

, profits,

assets In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can ...

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.

Divided by country

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.

Largest employers

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. {, class="wikitable sortable" ! Rank ! Company ! Headquarters ! Industry ! Employees ! Reference date , - align="right" align="right" , align="center" , 1 , align="left" ,

ISS The International Space Station (ISS) is the largest modular space station currently in low Earth orbit. It is a multinational collaborative project involving five participating space agencies: NASA (United States), Roscosmos (Russia), JAXA (J ...

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Copenhagen Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of Denmark , establish ...

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Facility Management Facility management or facilities management (FM) is a professional management discipline focused on the efficient and effective delivery of logistics and other support services related to real property and buildings. It encompasses multiple disc ...

, 534,500 , 2011 , - align="right" , align="center" , 2 , align="left" ,

Securitas In Roman mythology, Securitas was the goddess of security and stability, especially the security of the Roman Empire The Roman Empire ( la, Imperium Romanum ; grc-gre, Βασιλεία τῶν Ῥωμαίων, Basileía tôn Rhōmaíōn) ...

, align="left" , Stockholm, Sweden , align="left" , Security Services , 335,945 , 2016 , - align="right" , align="center" , 3 , align="left" ,

Nokia Nokia Corporation (natively Nokia Oyj, referred to as Nokia) is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia's main headquarters are in Espoo, Finland, i ...

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Espoo Espoo (, ; sv, Esbo) is a city and municipality in the region of Uusimaa in the Republic of Finland. It is located on the northern shore of the Gulf of Finland, bordering the cities of Helsinki, Vantaa, Kirkkonummi, Vihti and Nurmijärvi ...

Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of B ...

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Technology Technology is the application of knowledge to reach practical goals in a specifiable and Reproducibility, reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in me ...

, 130,050 , 2011 , - align="right" , align="center" , 4 , align="left" , A.P. Møller-Maersk , align="left" ,

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Transportation Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, ...

, 117,080 , 2011 , - align="right" , align="center" , 5 , align="left" ,

Ericsson (lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in informa ...

, align="left" , Stockholm, Sweden , align="left" ,

Telecommunication Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...

, 104,525 , 2011 , - align="right" , align="center" , 6 , align="left" ,

Volvo The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...

, align="left" , Gothenburg, Sweden , align="left" , Automotive , 98,162 , 2011 , - align="right" , align="center" , 7 , align="left" , H&M , align="left" , Stockholm, Sweden , align="left" , Retailing , 64,874 , 2011 , - align="right" , align="center" , 8 , align="left" ,

Electrolux Electrolux AB () is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is consistently ranked the world's second largest appliance maker by units sold, after Whirlpool. Electrolux products sell under a variety ...

, align="left" , Stockholm, Sweden , align="left" ,

Manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...

, 52,916 , 2011 , - align="right" , align="center" , 9 , align="left" ,

Skanska Skanska AB () is a multinational construction and development company based in Sweden. Skanska is the fifth-largest construction company in the world according to ''Construction Global'' magazine. Notable Skanska projects include renovation of t ...

, align="left" , Stockholm, Sweden , align="left" ,

Construction Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Pr ...

, 52,557 , 2011 , - align="right" , align="center" , 10 , align="left" ,

Sandvik Sandvik AB is a Swedish multinational engineering company specializing in metal cutting, digital and additive manufacturing, mining and construction, stainless and special steel alloys, and industrial heating. The company was founded in Swed ...

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Sandviken Sandviken is a locality and the seat of Sandviken Municipality in Gävleborg County, Sweden with 39,234 inhabitants in 2019. It is situated about 25 km west of Gävle and lies approximately 190 km north of Stockholm. The rail journey to ...

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Capital goods The economic concept of a capital good (also called complex product systems (CoPS),H. Rush, "Managing innovation in complex product systems (CoPS)," IEE Colloquium on EPSRC Technology Management Initiative (Engineering & Physical Sciences Researc ...

, 50,030 , 2011{{cite web , url=https://www.sandvik.com/Global/Investor%20relations/Annual%20reports/Annual%20Report%202011.pdf , title=Sandvik Annual Report 2011 (Page 3) , accessdate=2013-01-03 , date=2012-04-18 , publisher=

, archive-url=https://web.archive.org/web/20120914022151/http://www.sandvik.com/Global/Investor%20relations/Annual%20reports/Annual%20Report%202011.pdf , archive-date=2012-09-14 , url-status=dead

References

* * + + Lists of largest private companies by country