Hovedorganisasjonen Virke Due Diligence
Run due diligence on Hovedorganisasjonen Virke: check compliance and get alerts when suppliers or ownership change.
Norway · owned by Independent (Norway) · virke.no · 17 vendors
Virke is the main organization for the trade and service industry in Norway, providing membership services including legal assistance, collective bargaining, training, and advocacy for employers in retail and service sectors. The organization represents businesses through tariff negotiations, workplace support, and political advocacy to improve business conditions.
Resilience scores
- Digital Sovereignty: 18
- Digital Resilience: 5
- Financial Resilience: 7
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Insights
Last updated 2026-02-09 · revision 9
17 direct vendors, 201 subvendors
Direct vendors by controlling owner country (sample)
- Australia: 1
- Sweden: 3
- Germany: 1
Subvendors by controlling owner country (sample)
- Cyprus: 2
- Canada: 4
- Italy: 1
Financials
Three-year financials
- 2023: revenue NOK 393,122,000, EBIT NOK 1,285,000, equity NOK 377,290,000
- 2022: revenue NOK 344,182,000, EBIT NOK -16,179,000, equity NOK 163,991,000
- 2021: revenue NOK 316,612,000, EBIT NOK -22,458,000, equity NOK 187,525,000
Financial Resilience Score: 7/10
Hovedorganisasjonen Virke maintains a stable financial position primarily through its membership fees from over 25,000 businesses across Norway. While the organization reported operating losses (EBIT) in 2021 and 2022, it returned to a positive operating result in 2023. The significant jump in equity in 2023 suggests a restructuring or revaluation of assets, or a strong performance in financial items/dividends from subsidiaries. As a non-profit employer organization, its resilience is rooted in its high member retention and critical role in the Norwegian tripartite cooperation model (government, employers, and unions). Its ability to cover operating losses with financial income and a solid equity base indicates a stable long-term outlook.
Key strengths: Diverse and stable membership fee base, Strong equity position, Critical role in national labor negotiations
Risk factors: Operating profitability challenges, Dependency on the health of the Norwegian trade and service sector, Potential for membership decline during economic downturns
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