Bertel O. Steen AS is a wholly owned subsidiary of Bertel O. Steen Holding AS. The company's main areas of business are automotive operations. At the close of 2021 the group had a turnover of over NOK 22 billion and employed 2 773 full-time equivalents. The head office is located in the municipality of Lørenskog, Norway.
Bertel O. Steen Holding AS is wholly controlled by the Steen family. The holding company is organised into two business areas: one group for automotive operations (Bertel O. Steen AS) and one for other business (Bertel O. Steen Kapital AS).
Bertel O. Steen Eiendom AS (real estate) was transferred to Bertel O. Steen Holding AS as of January 1st 2022. Bertel O. Steen Eiendom AS and its subsidiaries own and manage a property portfolio of approx. 190 000 m2 connected with the motor industry and other business sectors. Roughly half of the portfolio is car-related properties.
Below is a presentation of the automotive operations.
The company Snap Drive AS was sold from Bertel O. Steen Detalj AS to Bertel O. Steen Invest AS in December 2012 and then bought back in spring 2015. Bertel O. Steen AS's consolidated financial statements for 2014 do not therefore include profit figures for Snap Drive AS.
Car Import imports cars of the makes Mercedes-Benz, Kia, Peugeot, Citroën, DS, Opel, Fiat, Fiat Professional, Alfa Romeo, Jeep, smart®, Fuso and Setra. Daihatsu has decided to pull out of Europe, but Bertel O. Steen will continue to ensure import of parts for existing customers.
Car Retail consists of a nationwide dealer network that distributes the group's car makes. Sales are effected through Bertel O. Steen Detalj AS and subsidiaries.
Car Financing consists of the company Bertel O. Steen Finans AS, which offers financing solutions through a nationwide network of dealers who sell cars imported by Bertel O. Steen AS.