Nordic Flanges Group AB (publ) operates in the Valves & pipe fittings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nordic Flanges Group AB (publ) with three other
metal product manufacturers in Europe:
Duran Dogan Basim Ve Ambalaj Sanayi AS
of TURKEY
(2020
sales of 296.97 million Turkish Liras [US$34.70 million]
),
Precomp Solutions AB (publ)
(143.50 million Swedish Kronor [US$17.24 million]
), and
Termo Rex SA
which is
based in POLAND
(54.32 million Polish New Zlotys [US$14.54 million]
).
Sales Analysis.
During the first
quarter of 2021, sales at Nordic Flanges Group AB (publ) totalled
SEK 43.30 million.
This is a drop of 17.2%
from the SEK 52.30 million in sales at the company during the first quarter in 2020.
Sales at Nordic Flanges Group AB (publ) appear to have some seasonality: during each of the previous 6
years, sales have been highest during the second quarter, which has accounted for
between 25.0% and 30.7%
of the annual
sales.
Nordic Flanges Group AB (publ) reported sales of SEK 189.20 million (US$22.73 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 9.1%
versus 2019, when the company's sales were SEK 208.22 million.