Kverneland Bil AS is one of Norway’s leading automotive vehicle distributors. The car dealer sells various brands, including Ford, Volvo, Mazda, Jaguar, Land Rover, Fiat, Fiat Professional, Alfa Romeo, Jeep, and MG. The company started in 1921, making it nearly as old as the modern car, and has a long and traditional history. In 2021 Kverneland Bil celebrated its centennial birthday.
Today, the Kverneland Bil group holding has around 250 employees. In 2021 Kverneland Bil expects sales of almost 7,000 cars and NOK 2.5 billion (more than USD 280 million) in turnover. The group is one of the largest car dealers and the leading seller of Ford, Mazda, and Volvo in Norway.
Kverneland Bil’s business controller, Merete Tisløv, talks about how the company uses financial planning solutions from Profitbase to make the best decisions for the dealership’s financial growth strategy.