Overview
Det Store Nordiske Telegraf-Selskab (Aktieselskab)
GN Store Nord's products make sure you hear loud and clear. Founded as a telegraph company, GN today consists of subsidiaries that develop, make, and sell hearing-related devices. GN Netcom produces Jabra brand headsets for call center and office settings, cell phone users, and other equipment makers. GN ReSound specializes in hearing aids marketed under the Beltone, Interton, and ReSound brands. Most of GN Store Nord's products are made
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Read More in China, a lower-cost production country, and are sold primarily to markets in Europe and North America.
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Read More in China, a lower-cost production country, and are sold primarily to markets in Europe and North America.
Read Less
Axel Marcus Peter Karlströmer
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Management of Companies and Enterprises
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Activities Related to Real Estate
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Holding companies, nec
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Nonresidential building operators
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Actual
$2.55 billion
Actual
-0.75%
333.33%
$30,611
DEC
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OMXCop:GN
Contacts
Get in Touch with 12 Principals*
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Axel Marcus Peter KarlströmerManaging Director
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$2.55 billion
USD
Actual
1 USD = 7.0532 DKK
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $386 | $374 | $89 |
| Net Investing Cash | -$219 | -$162 | -$1,301 |
| Net Financing Cash | -$335 | -$44 | $474 |
| Net Change in Cash | -$168 | $168 | -$738 |
| Cash at Beginning of Period | $307 | $140 | $880 |
| Cash at End of Period | $139 | $307 | $140 |
| Capital Expenditure | -$199 | -$203 | -$236 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $139 | $307 | $140 |
| Accounts Receivable | $663 | $630 | $572 |
| Inventories | $366 | $377 | $498 |
| Other Current Assets | $155 | $131 | $118 |
| Asset Summary | |||
| Total Current Assets | $1,323 | $1,444 | $1,328 |
| Tangible Fixed Assets | $154 | $147 | $178 |
| Intangible Assets | $845 | $818 | $847 |
| Total Assets | $30,611 | $30,642 | $30,589 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $231 | $244 | $220 |
| Short-Term Debt | $284 | $1,372 | $853 |
| Other Current Liabilities | $641 | $602 | $590 |
| Liability Summary | |||
| Total Current Liabilities | $1,156 | $2,218 | $1,664 |
| Long-Term Debt | $1,281 | $500 | $1,399 |
| Other Long-Term Liabilities | $135 | $110 | $123 |
| Total Liabilities | $2,805 | $2,985 | $3,373 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $86 | $86 | $78 |
| Retained Earnings | $1,937 | $1,812 | $1,491 |
| Equity Summary | |||
| Total Equity | $1,535 | $1,359 | $964 |
| Shares Outstanding | 145,613,000 | 145,612,715 | 127,973,117 |