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Country: Denmark

  • ReSound is a Danish company founded in 1943 under the name Danavox.
  • It specializes in the hearing aid industry.
  • It is part of the GN Group, founded in 1869 and one of the world's leading manufacturers of hearing aids and audiologic diagnostic equipment.
  • ReSound was the first company in the first market to provide 2.4 GHz technology in hearing aids for direct connectivity, and the world's first hearing aid to connect to the iPhone in 2013, with direct stereo sound diffusion.
  • The company is now present in over 80 countries.
  • It belongs to the Danish GN Hearing Group

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 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 19 500 183 20 285 759 14 348 115 20 436 664 26 008 290 23 671 945 24 320 597 23 711 919
Gross margin (€) 9 043 716 9 984 202 8 727 531 9 772 291 11 239 426 10 800 917 11 781 584 11 942 334
EBITDA (€) 618 429 1 428 800 989 612 806 737 1 356 007 1 077 829 543 724 1 047 028
Operating profit (€) 439 172 840 043 805 375 349 849 1 458 629 920 416 963 097 925 407
Net profit (€) 258 739 488 906 382 002 229 554 998 843 562 653 643 051 1 066 417
Turnover growth rate (%) -3,9 41,4 -29,8 -21,4 9,9 -2,7 2,6 -
Ebitda margin rate (%) 3,2 7 6,9 3,9 5,2 4,6 2,2 4,4
Operating margin rate (%) 2,3 4,1 5,6 1,7 5,6 3,9 4 3,9
Working Capital (turnover days) -83,1 -19,2 -90,9 33,1 -52,8 -85,9 -49,1 -48,3
Working Capital requirements (turnover days) -71,1 -10,6 -93,8 -23,5 -11 -53,5 -18,5 -46,1
Net margin (%) 1,3 2,4 2,7 1,1 3,8 2,4 2,6 4,5
Added value / Turnover (%) 25,3 26,6 34 24,6 20,7 20,2 10,5 21,1
Wages and social charges (€) 4 176 703 3 699 555 3 644 445 3 973 955 3 885 088 3 401 249 3 458 652 3 604 708
Salaries / Turnover (%) 21,4 18,2 25,4 19,4 14,9 14,4 14,2 15,2

Company Managers:

Position First Name Last Name Age Linkedin
Président Peter Justesen 45
Directeur général Xavier, Thierry Temmos 47

Studies mentioning this company

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