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Bandak AS - Detailed information
Start page > Search result Company:B > Bandak AS
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Bandak AS

Contact
VAT number:916 242 220
Company:Bandak AS
Address:Hantovegen 328
NO-3825 Lunde
County:Telemark
Telephone:+47 35946600
Fax:+47 35946601
E-mail:postmaster@bandak.no
Website:www.bandak.no
Contact persons
Chairman of the board:Halvor Dalene
Managing Director/CEO:Bjarne Moursund
Finances:Jane Christin Skreien
Marketing:Øyvind Storhaug
Purchasing Director:Ingvar Ajer
IT:Jane Christin Skreien
Personnel:Jane Christin Skreien
Sales:Øyvind Storhaug
Production:Atle Dragerengen
Business information
Established:1938
Subsidiary company to:Bandak Group AS
Stock-exchange listing:Not listed

B28 Manufacture of fabricated metal products, except machinery and equipment
- 285 Treatment and coating of metals
- 281 Manufacture of structural metal products
Rankings
Rang in Norway (incl. subsidiaries) byRank in the Nordic countries (incl. subsidiaries) by
- Number of employees:1938- Number of employees:9447
- Total assets:3789- Total assets:14524
- Net turnover:2878- Net turnover:11074
- Net profit:1644- Net profit:5931

B28 Manufacture of fabricated metal products, except machinery and equipment
Rank in industry in Norway byRank in industry in the Nordic countries by
- Number of employees:44- Number of employees:399
- Return on assets
(ROA):		136- Return on assets
(ROA):		707
- Total assets:40- Total assets:374
- Profitability:145- Profitability:868
- Net turnover:33- Net turnover:302
- Return on equity
(ROE):		141- Return on equity
(ROE):		490
- Net profit:23- Net profit:208
- Solvency:353- Solvency:2913
Closing information (x1000 EUR)
Fiscal year200812 200712 200612 (consolidated)
Net turnover 20.912 23.081 16.347
  - exports
Foreign sales 3.046
Financial expenses 788 155 15
Earnings before taxes 2.540 3.039 1.611
Total assets 12.145 14.449 10.916
Current assets 9.779 9.395 6.807
Current liabilities 6.525 8.332 5.196
Equity capital 3.034 3.503 3.364
  - share capital 2.149 2.670 2.576
Employees (average) 94 81 82
Shareholders 1 1
Investments in fixed assets 1.273 379

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), Experian (Norway), KOB (Denmark) and Asiakastieto (Finland).

Financial ratios
Fiscal year200812 200712 200612 (consolidated)
Solvency 25.0% 24.2% 30.8%
Turnover per employee 222 285 199
Earnings as % of turnover 12.1% 13.2% 9.9%
Return on assets
(ROA)		 27.4% 22.1% 14.9%
Current ratio 149.9% 112.8% 131.0%
Return on equity
(ROE)		 83.7% 86.8% 47.9%