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:	Fatih Kemal Ebiclioglu
Managing Director/CEO:	Anders Axén
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: 11438

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Number of employees	rank: 60395
Total assets	rank: 37485

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: 113

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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: 256
Solvency		rank: 198
Number of employees		rank: 271

Closing information (x1000 EUR)
Fiscal year	200803	200703	200603
Net turnover	22.110	34.512	34.045
- exports
Foreign sales
Financial expenses	4	6	7
Earnings before taxes	-680	-729	184
Total assets	2.858	7.284	12.039
Current assets	2.851	7.255	11.779
Current liabilities	1.342	5.001	9.217
Equity capital	1.154	1.834	2.563
- share capital	2.129	2.129	2.129
Employees (average)	12	12	15
Shareholders	1	1
Investments in fixed assets	4	3	7

Financial ratios
Solvency	40.4%	25.2%	21.3%
Turnover per employee	1.843	2.876	2.270
Earnings as % of turnover	-3.1%	-2.1%	0.5%
Return on assets (ROA)	-23.7%	-9.9%	1.6%
Current ratio	212.4%	145.1%	127.8%
Return on equity (ROE)	-58.9%	-39.7%	7.2%

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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