Volkswagen Group Financial Performance from Time to Time

Volkswagen Group Financial Performance from Time to Time

Volkswagen Financial Performance from Time to Time- Volkswagen Group is a holding automotive company that has numerous brands of cars and motorcycles with has broad market around the world. Historically, this company was founded in Berlin, Germany on May 28th, 1937. As of now, this company has miscellaneous brands. These brands are Audi, Bentley, Cupra, Lamborghini, Porsche, SEAT, Škoda, and Volkswagen. Most of the brands are well-known brands and many people recognize their brands. Nowadays, the company has its central office in Wolfsburg, Germany

Volkswagen Group Financial Performance from Time to Time- The logo of Volkswagen Group Brands

Along with the business development of Volkswagen Group, this company, in 2022, can sell 8,481 thousand of vehicle around the world. This sales in 2022 was lower than the sales in 2021. In 2021, the sales of Volkswagen’s vehicle reached 8,576. Based on the geographical markets, the Asia Pacific, North America, and Europe still become the main market, with 3.49 million sales of vehicles in Europe, North America with 866 thousand, and the Asia Pacific with 3.6 million vehicles. In the nominal value, sales of vehicle in Europe contributes 154 billion Euro, North America with 60 billion Euro meanwhile Asia-Pacific just contributed 51 billion Euro.

The Sales of Vehicle in Some Geographical Region of Volkswagen in 2022 and 2021

Based on the Workforce, the company employs around 313,010 people. Based on the business line, this group has two main divisions, namely the Automotive division, and financial service. The automotive division produces manufacture, and sell passenger and commercial vehicle (cars, trucks, motorcycles) engineering business, vehicle software, and spare part for the vehicle. Meanwhile, the financial service division comprises dealer and customer financing, leasing of vehicles, insurance, and mobility service.

The Majority Shareholders of Volkswagen in 2022

In terms of the shareholder ownership, Volkswagen Group was owned by several investors. As of December 31st, 2022, the Majority shareholders of Volkswagen are Porsche Automobil Holding with ownership percentage around
31.9 %, State of Lower Saxony (11.8%), Qatar Holding LLC (10.5%), and others investors.


The Assets, Liabilities, and Equities of Volkswagen Group

YearsAssetsLiabilitiesEquities
Million EuroMillion EuroMillion Euro
2009177,178139,74837,430
2010199,393150,68148,712
2011253,769190,41563,354
2012309,644227,81981,825
2013324,333234,29690,037
2014351,209261,01190,198
2015381,935293,66588,270
2016409,732316,82292,910
2017422,193313,116109,077
2018458,156340,814117,342
2019488,0713644,20123,651
2020497,411368,628128,783
2021528,609382,455146,154
2022564,772386,445178,327
Source : Volkswagen Group Annual Report, 2010-2022

Based on the financial structure of the company, in the balance sheet performance from 2009 to 2022. This company has grown in assets and equities. The assets of the company in 2009 is just 177,178 million euros and in 2022, it becomes 564,772 million Euro. In the other variable, the equities of the company are also in the positive pathway. The equities of the company in 2009 is 37,430 million euros, and it grows to become 178,327 million euros in 2022 .

Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR) of Volkswagen from 2009 to 2022

Based on the financial ratio of Debt-to-Equity ratio and Debt to asset ratio, the ratio between liabilities and assets is 0,74. It means that the percentage of liabilities is 74% of assets and the rest of it is equities. Meanwhile, the ratio between debt and equity ratio is about 2.9. It means that the debts/liabilities are 2.9 times more than the equities.


The Revenue and Net Income of Volkswagen Group

YearsRevenueNet Income
Million EuroMillion Euro
2009105,875911
2010126,8757,226
2011159,33715,799
2012192,67621,884
2013197,0079,145
2014202,45811,068
2015213,292-1,361
2016217,2675,379
2017229,50011,463
2018235,84912,153
2019252,63214,029
2020222,8848,824
2021250,20015,428
2022279,23215,836
Source : Volkswagen Group Annual Report, 2010-2022

Based on the financial and business performance, the company has had positive performance around in two decades from 2009 to 2022. The revenue in 2009 is just 105 billion Euro and becomes 279 billion euro in 2022. Meanwhile, the net income of the company is also a tremendous performance. In 2009, the net income is just 911 million Euros and grows to 15.8 billion Euro in 2002. From 2009 to 2022, Volkswagen group experience loss conditions in 2015 with 1.3 billion Euro. For the rest of the years, except 2015, the Volkswagen group experienced positive performance with gaining the profit/ net income.

Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equities (ROE) of Volkswagen from 2009 to 2022

Based on the Net profit margin (NPM), the ratio between revenue and net income is about 5%. It means that the revenue of the company becomes profit is about 5%. In other interpretations, 1 Euro of Revenue can become a net income of around 0.05 Euro. Meanwhile, based on the Return of Assets (ROA), the average value of ROA is 2 %. Meanwhile, the Return of Equity (ROE), the average value of the company, is about 11.2%. This NPM, ROA, and ROE can describe the efficiency of a company doing its business. The more value of the Ratio of them, the more efficient of the company in generating the net income/profit.


Bibliography of Volkswagen Financial Performance from Time to Time

Wikipedia. 2023. Volkswagen Group. Accessed via https://en.wikipedia.org/wiki/Volkswagen  on April 22nd, 2023.

Volkswagen AG.2023. Annual Reports. Accessed via https://www.volkswagenag.com/en/InvestorRelations/news-and-publications/Annual_Reports.html  on April 23rd, 2023

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