In the financial year 2023/24, SENG in Denmark reports revenue on par with the previous year at DKK 188.7m. The same applies to the EBIT result, which stands at DKK -5.9m, compared to last year's revenue of DKK 192.5m and EBIT of DKK -5.7m.
The new annual report from Danish design company BOLIA reveals growth and development across the board. The report shows an increase in revenue of 17 percent to DKK 1.43 billion, a rise in EBITDA of 54 percent from DKK 78.3 million to DKK 120.7 million and an EBIT result of DKK 28.2 million, which is an improvement of DKK 44.2 million compared to the previous year.
The internationally acclaimed Science Based Targets initiative (SBTi) has approved JYSKs greenhouse gas emissions reduction targets in accordance with the Paris Agreement. The greatest impact will come from reducing emissions in the production of products.
Today, Denmark's largest chain of home furnishing stores, ILVA, presents a turnover of DKK 1.42bn for the financial year 2023/24 in Denmark. This represents a 3 percent increase. Revenue also grew in the Swedish market with an increase of 8 percent, and on ILVA's web shop revenue growth exceeded 17 percent.
When the Danish Cancer Association hosts the national fundraising show “Knæk Cancer” (Beat Cancer) for the 13th year in a row, JYSK and Lars Larsen Group will once again donate DKK 1 mio. to the cause.
The Danish design company, SOFACOMPANY, has increased store and web shop revenue and is now pursuing the goal of 40 European stores by 2025.
The furniture chain ILVA, with a new CEO at the helm, can now reveal how the company will strengthen its store concept both physically and digitally to continue with its expansion.
In a challenging and unforeseeable macroeconomic environment, furniture company Actona Group delivers a revenue of DKK 2.7bn for the financial year 2023/24.
Siden Letz Sushi meldte beslutningen om en solvent lukning ud i februar 2024, har fokus været på at hjælpe så mange medarbejdere som muligt med nye jobmuligheder. Størstedelen har nu fået jobs i andre virksomheder og nogle har sågar startet egne restauranter op i tidligere Letz Sushi lokaler.
After nearly 20 years in the market, the owners of Letz Sushi plan to close down the restaurant chain.
As of 5 February 2024, Lars Larsen Group’s head office is located in Silkeborg. In connection with the move, the family office changes its name from LLG A/S to Lars Larsen Group A/S.
For the 18th consecutive year, JYSK and Larsen Larsen Group support the charity fundraising Danmarks Indsamling by donating two million kroner to starving and vulnerable children.
With the results for the financial year 2022/23, Lars Larsen Group sets another revenue record in spite of continued global volatility and market uncertainty. The total revenue for the Group rose to DKK 45.4bn in 2022/23 – a three percent increase compared to the previous financial year, which also was a record year for the group.
Kim Møller Mønster will join ILVA as new CEO for the furniture chain headquartered in Sabro by Aarhus on 1 April 2024.
For the financial year 2022/23 (FY23), JYSK reached an EBIT result of DKK 3.96 billion (EUR 531 million) and increased its turnover by 6.3% to DKK 38.5 billion (EUR 5.2 billion.) The global home furnishing retailer continued its expansion plans and welcomed over 1.2 million new customers to its stores despite the slowdown in the global retail market.
The bed store chain SENG, which changed name from SengeSpecialisten in January 2023, closes the financial year 2022/23 with a turnover in Denmark of DKK 192.5m and an EBIT-result of DKK -5.7m. The company sustains its plans of expansion in Sweden in spite of the challenging market situation.
Lars Larsen Group and the subsidiaries JYSK, Actona Group, Bolia, ILVA, SOFACOMPANY, and ScanCom International sign up for the Science Based Targets initiative (SBTi).
Bolia presents a total sales results for 2022/23 of 1.3 billion DKK, which is at the same high level as 2021/22, a record year for the company. However, after thirteen consecutive profitable years, the EBIT result for the year 2022/23 landed at -5.6 million DKK compared to 50 million DKK the previous year.
The furniture group, ScanCom International A/S, achieves an improvement in the operational performance for the fiscal year 2022/23 despite being heavily affected by lacking sales and challenging market conditions.
Two of Silkeborg’s most significant commercial developers have joined forces to strengthen the city’s position as an attractive location for businesses, which will be able to attract jobs for the many newcomers.
