Turnover: 2.5 billion EUR (2022)
Country: Denmark
- Gn Hearing develops three hearing aid brands: ReSound GN, Beltone and Interto, the most emblematic of which is ReSound.
- The ReSound brand originated with Danavox, the Danish market leader, which was acquired in 1977 by Great Northern, a Danish telecommunications company,
- ReSound offers a wide range of products
- The hearing instruments in a series are characterized by their shape, color and the way in which they can be worn.
- Almost all product lines include a Behind-The-Ear (BTE) instrument, the most common and generally the most economical solution.
- Some ReSound product lines include in-the-ear (ITE) devices, which can be placed directly in the ear canal.
- The LINX series, launched on the market in 2014, was the first to be awarded the "Made for iPhone" label. It offers the possibility of linking the hearing aid directly with one's smartphone and other electronic devices
- The group employs 6000 people
Financial Data
DUNS: 509689915
Legal Name: GN HEARING SAS
Address: 19 RUE D ARCUEIL BATIMENT QUEBEC, 94150 RUNGIS
Number of employees: Entre 20 et 49 salariés (2021)
Capital: 2 300 000 EUR
Financial Data:
| Year | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Turnover | 20 285 759 | 14 348 115 | 20 436 664 | 26 008 290 | 23 671 945 | 24 320 597 | 23 711 919 |
| Gross margin (€) | 9 984 202 | 8 727 531 | 9 772 291 | 11 239 426 | 10 800 917 | 11 781 584 | 11 942 334 |
| EBITDA (€) | 1 428 800 | 989 612 | 806 737 | 1 356 007 | 1 077 829 | 543 724 | 1 047 028 |
| Operating profit (€) | 840 043 | 805 375 | 349 849 | 1 458 629 | 920 416 | 963 097 | 925 407 |
| Net profit (€) | 488 906 | 382 002 | 229 554 | 998 843 | 562 653 | 643 051 | 1 066 417 |
| Turnover growth rate (%) | 41,4 | -29,8 | -21,4 | 9,9 | -2,7 | 2,6 | - |
| Ebitda margin rate (%) | 7 | 6,9 | 3,9 | 5,2 | 4,6 | 2,2 | 4,4 |
| Operating margin rate (%) | 4,1 | 5,6 | 1,7 | 5,6 | 3,9 | 4 | 3,9 |
| Working Capital (turnover days) | -19,2 | -90,9 | 33,1 | -52,8 | -85,9 | -49,1 | -48,3 |
| Working Capital requirements (turnover days) | -10,6 | -93,8 | -23,5 | -11 | -53,5 | -18,5 | -46,1 |
| Net margin (%) | 2,4 | 2,7 | 1,1 | 3,8 | 2,4 | 2,6 | 4,5 |
| Added value / Turnover (%) | 26,6 | 34 | 24,6 | 20,7 | 20,2 | 10,5 | 21,1 |
| Wages and social charges (€) | 3 699 555 | 3 644 445 | 3 973 955 | 3 885 088 | 3 401 249 | 3 458 652 | 3 604 708 |
| Salaries / Turnover (%) | 18,2 | 25,4 | 19,4 | 14,9 | 14,4 | 14,2 | 15,2 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Peter | Justesen | 45 | |
| Directeur général | Xavier, Thierry | Temmos | 47 |
Studies mentioning this company
The hearing aid market - France
Other companies mentioned:
- Sonova Groupe
- Prodition (Groupe Demant)
- Starkey
- WS Audiology (Widex Sivantos)
- GN Hearing
- Unitron (Sonova Groupe)
- Audika (Groupe Demant)
- Amplifon
- Alain Afflelou Accousticien
- Audition Mutualiste
- Krys Group
- Demant groupe
The Hearing Aid Market - United States
Other companies mentioned:
- Oticon
- WS Audiology (Widex Sivantos)
- ReSound (GN Hearing)
- Signia
- Starkey
- Amplifon
- Beltone (GN hearing)
- GN Hearing
- Demant groupe
The hearing aid market - Spain
Other companies mentioned:
- Amplifon France
- Sonova Groupe
- Prodition (Groupe Demant)
- WS Audiology (Widex Sivantos)
- GN Hearing
- Audika (Groupe Demant)
- Alain Afflelou Accousticien