Financials

In 2020, KOMPAN continued the multi-year strategy of substantial investments in product innovation and in expanding our sales and distribution network, that started in 2015. The outbreak of the corona-virus had a negative impact on the revenue, which fell by 9%, but cost-adjustments led to a result on par with 2019.


Financial Highlights 2020

  • Revenue fell by 9,0% to DKK 1.983m (2019: DKK 2.179m), a fall which was driven by the corona outbreak and the following lockdowns especially during second quarter.
  • Profit after tax grew by DKK 37m ending at DKK 224m in 2020 (2019: DKK 187m). The loss of Revenue was offset by cost adjustments initiatives implemented during second quarter.
  • Despite COVID-19 KOMPAN continuously invested in development and innovation. 



Annual Review 2020

 

 



Annual Review 2019

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SEE THE YEAR IN REVIEW



Annual Review 2018

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SEE THE YEAR IN REVIEW



Previous Annual reviews

 

2017
2016
2015
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