Goodtech ASA operates in the Relays and industrial controls sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Goodtech ASA with three other
electrical equipment manufacturers in Europe:
Carlo Gavazzi Holding AG
sales of 137.18 million Swiss Francs [US$138.56 million]
of which 100%
was Electronic Control Components),
Nucletron Electronic AG
(14.44 million Euro [US$15.71 million]
based in France
(395.06 million Euro [US$429.88 million]
of which 70%
was Electronic Equipment).
Sales fell dramatically in 2015:
Goodtech ASA reported sales of NOK 698.81 million (US$84.64 million)
December of 2015.
decrease of 70.4%
versus 2014, when the company's sales were NOK 2.36 billion.
Contributing to the drop in overall sales was the 78.9% decline
in Projects and Services, from NOK 1.47 billion to NOK 310.80 million.
There were also decreases in sales in
Environment and Energy (down 26.6% to NOK 215.76 million)
Solutions (down 15.5% to NOK 172.23 million)
Unallocated (down 45.5% to NOK 12,000.00 )