OBH Nordica Denmark A/S
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OBH Nordica Denmark A/S - overview
Established
2001
Location
-, -, Denmark
Primary Industry
Consumer Products
About
OBH Nordica Denmark A/S is a Danish company specializing in innovative kitchen and home appliances that enhance consumer convenience and efficiency in cooking and cleaning tasks. Founded in 2001 in Denmark, OBH Nordica is engaged in the development of kitchen and home appliances. The company underwent a significant change in ownership when Triton Partners acquired a majority stake in May 2021. The CEO of OBH Nordica is Mark Ramsey.
OBH Nordica specializes in providing a diverse range of kitchen and home appliances designed to enhance the cooking and cleaning experience for consumers. Their core product offerings include kitchenware, such as coffee makers featuring ECBC certification and unique brewing functions, air fryers with advanced cooking technologies, powerful vacuum cleaners tailored for various cleaning needs, and hair styling tools like ionic hair dryers. The company aims to solve everyday challenges in food preparation, home maintenance, and personal grooming through innovative designs and user-friendly features. OBH Nordica’s products are marketed primarily in Scandinavian countries, including Denmark, Sweden, and Norway, as well as select markets in Europe, catering to both individual consumers and retailers.
In the most recent year, 2016, OBH Nordica reported revenue of EUR 109,490,104. 4, with an EBITDA of EUR 1,085,073. 2. The company's revenue structure is primarily driven by direct-to-consumer sales and retail partnerships, generating income through flagship products such as the Blooming coffee machines and Easy Fry air fryers.
With the funding received in May 2021 from Triton Partners, OBH Nordica aims to support the design and launch of new kitchen appliances targeting consumer needs for enhanced functionality. The company is planning to expand its presence into additional European markets by 2023, leveraging the recent acquisition to bolster resources for growth initiatives. This strategic focus on innovation and market expansion is expected to drive future revenue growth.
Current Investors
Triton
Primary Industry
Consumer Products
Sub Industries
Household Appliances, Beauty & Hygiene
Website
www.obhnordica.dk
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
OBH Nordica Denmark A/S - financials
| Fiscal Year Ended | Aug 31, 2006 | Aug 31, 2007 | Aug 31, 2008 | Aug 31, 2009 | Aug 31, 2010 | Aug 31, 2011 | Aug 31, 2012 | Aug 31, 2013 | Aug 31, 2014 | Aug 31, 2015 | Dec 31, 2015 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 471,884,000 | 513,251,000 | 602,653,000 | 602,942,000 | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | 8.8% | 17.4% | 0.0% | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 41,121,000 | 54,411,000 | 81,307,000 | 79,343,000 | - | - | - | - | - | - | - | - |
| Operating Income (USD) | 38,038,000 | 50,130,000 | 77,216,000 | 74,853,000 | (1,118,839) | (235,467) | (29,735) | (28,249) | (284,954) | - | - | - |
| Operating Margin | 8.1% | 9.8% | 12.8% | 12.4% | - | - | - | - | - | - | - | - |
| % EBITDA Margin | 8.7% | 10.6% | 13.5% | 13.2% | - | - | - | - | - | - | - | - |
| NET Income (USD) | 23,362,000 | 30,579,000 | 50,796,000 | 47,922,000 | 60,107,363 | 275,574 | 579,457 | 455,269 | 248,299 | - | - | - |
| % Net Margin | 5.0% | 6.0% | 8.4% | 7.9% | - | - | - | - | - | - | - | - |
OBH Nordica Denmark A/S - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | OBH Nordica Denmark A/S | - | ||||||||
| Trade Sale | Completed | OBH Nordica Denmark A/S | - | ||||||||
| Buyout | Completed | OBH Nordica Denmark A/S | - |
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OBH Nordica Denmark A/S - employee data
OBH Nordica Denmark A/S - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Director of the Board | BM |
BM Board Member
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