Norr11 International Aps

Development in activities and financesThe Company realized a strong growth in 2022 resulting in revenue growth of 52% and a normalized EBITDA profit of DKK 6.3m after adjusting for extraordinary costs in relation to the change in the ownership structure. “We are pleased to present the financial results for 2022, highlighting the remarkable achievements and progress of our company. Through a combination of strategic planning and diligent execution, we have achieved robust financial results, surpassing our targets and strengthening our market position. Our revenue has seen a substantial increase, reflecting the growing demand for our products and the effectiveness of our commercial strategies.” says CEO Ludvig Kjærulff.

2022 was yet a challenging year with the geopolitical challenges and the world economic situation but as Ludvig Kjærulff notes: “None of our achievements would have been possible without the close collaboration and support from our suppliers. We have maintained strong relationships with our suppliers, ensuring a reliable and efficient supply of sustainable and high-quality products. Our collaborative efforts have enabled us to maintain our production capacity, ensuring that we can meet the increasing demand for our products. We are looking forward to continuing and strengthening these relationships and work towards even more sustainable solutions in the years to come”.