Annual Report of Jysk
JYSK Nordic 2007-2008
ANNUAL REPORT
1
Forward – together
Foreword
This is the Annual Report 07/08 for JYSK Nordic, the designation given to the companies in the JYSK Group with stores in Scandinavia, Central Europe, the Netherlands and the UK. This report covers 11 of the 32 countries in which JYSK is currently represented. This annual report does not cover JYSK companies such as Dänisches Bettenlager in Germany and Austria or JYSK in Switzerland and France. JYSK Franchise and other companies in JYSK Holding A/S have also not been included. We have given this Annual Report the title ”Forward – together”. This is partly because our expansion is continuing and partly because one of our great strengths is our esprit de corps and sense of community among JYSK's 14,000 employees. A strong sense of community and professional advice for our customers was our basic philosophy when the first JYSK store opened on Silkeborgvej in Aarhus almost 30 years ago. This is still our philosophy today – and it will be in the future. Happy reading!
Lars Larsen Chairman of the Board
Jan Bøgh Managing Director
Lars Larsen opened his first store in 1979. JYSK is now an international group with approximately 1,450 stores in 32 countries and more than 14,000 employees. JYSK wants to offer everyone a great bargain and has ambitions to open shops across the world. The group is owned by Lars Larsen, and the annual turnover is approximately 15 billion Danish kroner. 2
Introduction INTRODUCTION
This Annual Report reviews the profit and loss for the companies of JYSK Nordic. The Report also includes the company's overall profit and loss as well as a review of developments in our various markets.
JYSK Nordic consists of: JYSK A/S, Denmark JYSK AS, Norway JYSK Sp. z o.o, Poland JYSK Kft, Hungary JYSK s.r.o, Slovakia JYSK d.o.o, Slovenia JYSK d.o.o, Croatia All the companies are owned by Lars Larsen.
JYSK JYSK JYSK JYSK JYSK
AB, Sweden OY, Finland s.r.o, Czech
ANNUAL REPORT
1
Forward – together
Foreword
This is the Annual Report 07/08 for JYSK Nordic, the designation given to the companies in the JYSK Group with stores in Scandinavia, Central Europe, the Netherlands and the UK. This report covers 11 of the 32 countries in which JYSK is currently represented. This annual report does not cover JYSK companies such as Dänisches Bettenlager in Germany and Austria or JYSK in Switzerland and France. JYSK Franchise and other companies in JYSK Holding A/S have also not been included. We have given this Annual Report the title ”Forward – together”. This is partly because our expansion is continuing and partly because one of our great strengths is our esprit de corps and sense of community among JYSK's 14,000 employees. A strong sense of community and professional advice for our customers was our basic philosophy when the first JYSK store opened on Silkeborgvej in Aarhus almost 30 years ago. This is still our philosophy today – and it will be in the future. Happy reading!
Lars Larsen Chairman of the Board
Jan Bøgh Managing Director
Lars Larsen opened his first store in 1979. JYSK is now an international group with approximately 1,450 stores in 32 countries and more than 14,000 employees. JYSK wants to offer everyone a great bargain and has ambitions to open shops across the world. The group is owned by Lars Larsen, and the annual turnover is approximately 15 billion Danish kroner. 2
Introduction INTRODUCTION
This Annual Report reviews the profit and loss for the companies of JYSK Nordic. The Report also includes the company's overall profit and loss as well as a review of developments in our various markets.
JYSK Nordic consists of: JYSK A/S, Denmark JYSK AS, Norway JYSK Sp. z o.o, Poland JYSK Kft, Hungary JYSK s.r.o, Slovakia JYSK d.o.o, Slovenia JYSK d.o.o, Croatia All the companies are owned by Lars Larsen.
JYSK JYSK JYSK JYSK JYSK
AB, Sweden OY, Finland s.r.o, Czech