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BANG & OLUFSEN A/S: Financial statements 2017

CVR: 41257911

Source: annual report 2017, Danish Business Authority

01/06/2016 – 31/05/2017

BANG & OLUFSEN A/S (CVR 41257911) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 2,954,000,000 and a net result of DKK -116,500,000 compared with DKK -207,700,000 the year before. That is an increase of 12.2% compared with the year before. The profit margin was -3.9%. Equity in the 2017 report amounted to DKK 1,586,200,000. The solvency ratio was 55.7%.

Revenue
DKK 2,954,000,000
Gross Profit
DKK 1,126,100,000
Profit/Loss
DKK -116,500,000
Equity
DKK 1,586,200,000
Total Assets
DKK 2,847,400,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20173B1.1B-116.5M1.6B-
20162.6B951.9M-207.7M1.7B-
20152.4B580.3M57M1.9B-
20142.9B1.2B-29M1.6B-

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Events in 2017

BANG & OLUFSEN A/S publishes interim reportOct 10, 2017

BANG & OLUFSEN A/S has published its interim report for the period June 1, 2017 to August 31, 2017.

Juha Christen Christensen joins the board of BANG & OLUFSEN A/SOct 3, 2017

As of October 3, 2017, Juha Christen Christensen has joined the board of directors of BANG & OLUFSEN A/S.

Juha Christen Christensen leaves the board of BANG & OLUFSEN A/SOct 2, 2017

As of October 2, 2017, Juha Christen Christensen has left the board of directors of BANG & OLUFSEN A/S.

Jim Hagemann Snabe leaves the board of BANG & OLUFSEN A/SSep 13, 2017

As of September 13, 2017, Jim Hagemann Snabe has left the board of directors of BANG & OLUFSEN A/S.

Søren Balling joins the board of BANG & OLUFSEN A/SJul 31, 2017

As of July 31, 2017, Søren Balling has joined the board of directors of BANG & OLUFSEN A/S.

Jesper Olesen leaves the board of BANG & OLUFSEN A/SJul 31, 2017

As of July 31, 2017, Jesper Olesen has left the board of directors of BANG & OLUFSEN A/S.

Søren Balling leaves the board of BANG & OLUFSEN A/SJul 30, 2017

As of July 30, 2017, Søren Balling has left the board of directors of BANG & OLUFSEN A/S.

Anders Bundgaard Wulff leaves the board of BANG & OLUFSEN A/SMay 31, 2017

As of May 31, 2017, Anders Bundgaard Wulff has left the board of directors of BANG & OLUFSEN A/S.

Morten Ibsen Grubbe leaves the board of BANG & OLUFSEN A/SMay 31, 2017

As of May 31, 2017, Morten Ibsen Grubbe has left the board of directors of BANG & OLUFSEN A/S.

John Mollanger joins BANG & OLUFSEN A/S as directorApr 18, 2017

As of April 18, 2017, John Mollanger is registered as director of BANG & OLUFSEN A/S.

About BANG & OLUFSEN A/S

BANG & OLUFSEN A/S is a Danish company of the type Aktieselskab based in Struer, founded in 1925. The company is registered under the industry Forskning og eksperimentel udvikling inden for naturvidenskab og teknik. The company was previously named BANG & OLUFSEN HOLDING A/S. The management consists of Gianfilippo Testa and Nikolaj Wendelboe. The board consists of Juha Christen Christensen (chair), Albert Bensoussan, Anders Colding Friis and Dorte Vegeberg. The company's owners include CHR. AUGUSTINUS FABRIKKER AKTIESELSKAB, Arbejdsmarkedets Tillægspension and Dyvig Holdings A/S. The company has 487 employees (2026). In 2026, the company reported revenue of DKK 2,468,000,000 and a net result of DKK -107,000,000 compared with DKK -29,000,000 the year before. Equity in the 2026 report amounted to DKK 1,006,000,000.

Source: annual report 2026, Danish Business Authority