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North Investment Group AB - Q1 2021

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Q1 2021 Interim financial report

FINANCIAL HIGHLIGHTS
 

  • Group revenue of SEK 187.4m (SEK 201.2m).
  • Gross profit margin 39.2% (41.7%).
  • EBITDA of SEK 13.2m (SEK 19.0m).
  • Net operating cash flow SEK -5.9m (SEK 7.2m).
  • Strong order intake, 14% increase compared to Q1 2020.
  • Order backlog of SEK 127.8m (SEK 88.9m).
  • Refinancing of bond completed 22. April.
  • Updated financial ambitions published 12. April.
  • Rename company Ergoff to Sono Sverige in February.

 

North Investment Group is a leading supplier of quality furniture and wardrobe solutions and offers products to a broad range of industries and has a sound mix of public and private customers in Scandinavia.

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