Grundig Nordic AB | Detailed information

Grundig Nordic AB - Detailed information

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Grundig Nordic AB

Business ID:	556083-2783
Company:	Grundig Nordic AB
Address:	Box 74
	SE-164 94 Kista
Visiting address:	Esbogatan 18
County:	Stockholms län
Telephone:	+46 (0)770-456330
Fax:	+46 (0)8-6298570
E-mail:	info@grundig.se
Website:	www.grundig.se

Chairman of the board:	Robert Edward Guard
Managing Director/CEO:	Jan-Erik Relbo
Finances:	Controller: Svetlana Vesterberg
Marketing:	Kenneth Lager
Sales:	Anders Axén

Established:

1962

Subsidiary company to:

Grundig Multimedia B.V.

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 8046

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Number of employees	rank: 60305
Total assets	rank: 20967

Industry sector:

B5143

Wholesale of electrical household appliances and radio and television goods

Activity code:

51430

Wholesale of electrical household appliances | Wholesale of radio and television goods | Wholesale of gramophone records, tapes, CDs, DVDs and video tapes | Wholesale of electrical and lighting equipment

Rank in industry in the Nordic countries by :

Net turnover

rank: 76

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Industry sector:	B5143	Wholesale of electrical household appliances and radio and television goods
Rank in industry in the Nordic countries by:
Total assets		rank: 154
Solvency		rank: 316
Number of employees		rank: 272

Closing information (x1000 EUR)
Fiscal year	200703	200603	200412
Net turnover	34.745	34.275	22.304
- exports
Foreign sales
Financial expenses	6	7	7
Earnings before taxes	-734	186	-300
Total assets	7.333	12.120	10.038
Current assets	7.304	11.859	9.710
Current liabilities	5.035	9.279	7.007
Equity capital	1.846	2.580	2.804
- share capital	2.144	2.144	2.144
Employees (average)	12	15	19
Shareholders	1		1
Investments in fixed assets	3	7	5

Financial ratios
Solvency	25.2%	21.3%	27.9%
Turnover per employee	2.895	2.285	1.174
Earnings as % of turnover	-2.1%	0.5%	-1.3%
Return on assets (ROA)	-9.9%	1.6%	-2.9%
Current ratio	145.1%	127.8%	138.6%
Return on equity (ROE)	-39.8%	7.2%	-10.7%

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), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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