Jysk Analysis
JYSK Nordic 2011/2012
ANNUAL REPORT
Contents
Foreword Introduction Formal company management Management report Overview of key figures JYSK Nordic Denmark Sweden Norway Finland Poland Czech Republic/Slovakia Hungary Netherlands Slovenia, Croatia, Bosnia-Herzegovina, Serbia United Kingdom China Expectations Comments Social responsibility Profit and loss account Balance sheet
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 26 27
Cover photo: Employees from JYSK's store in Viby, Denmark.
2
Foreword
This is the 2011/12 annual report for the part of the JYSK Group known as JYSK Nordic. This report covers those companies with stores in the Nordic countries, central Europe, the Netherlands, the UK and China. The report thus covers 15 of the countries in which JYSK now has stores. The report does not cover the stores in Germany, Austria, Switzerland, France, Spain or Italy, which are run by JYSK Nordic's sister company Dänisches Bettenlager. JYSK Franchise and other companies in JYSK Holding A/S have not been included either. JYSK's financial year finished at the end of August. The expansion of the overall JYSK group is continuing. We currently have around 17,500 employees spread across more than 2,000 stores, two head offices and six distribution centres. This year, we can therefore state once again that the number of stores and employees has never been higher – and that we are continuing the expansion, allowing even more customers to enjoy lots of great offers from JYSK.
Happy reading!
Lars Larsen Chairman of the Board
Jan Bøgh Managing Director
Lars Larsen opened his first store in 1979. Today JYSK is an international group with more than 2,000 stores in 34 countries and around 17,500 employees. JYSK aims to provide everyone with great offers and has ambitions to open stores across the world. The group is owned by Lars Larsen, and its annual turnover is approximately 2,6 billion Euro.
3
Introduction
JYSK Nordic
ANNUAL REPORT
Contents
Foreword Introduction Formal company management Management report Overview of key figures JYSK Nordic Denmark Sweden Norway Finland Poland Czech Republic/Slovakia Hungary Netherlands Slovenia, Croatia, Bosnia-Herzegovina, Serbia United Kingdom China Expectations Comments Social responsibility Profit and loss account Balance sheet
3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 23 26 27
Cover photo: Employees from JYSK's store in Viby, Denmark.
2
Foreword
This is the 2011/12 annual report for the part of the JYSK Group known as JYSK Nordic. This report covers those companies with stores in the Nordic countries, central Europe, the Netherlands, the UK and China. The report thus covers 15 of the countries in which JYSK now has stores. The report does not cover the stores in Germany, Austria, Switzerland, France, Spain or Italy, which are run by JYSK Nordic's sister company Dänisches Bettenlager. JYSK Franchise and other companies in JYSK Holding A/S have not been included either. JYSK's financial year finished at the end of August. The expansion of the overall JYSK group is continuing. We currently have around 17,500 employees spread across more than 2,000 stores, two head offices and six distribution centres. This year, we can therefore state once again that the number of stores and employees has never been higher – and that we are continuing the expansion, allowing even more customers to enjoy lots of great offers from JYSK.
Happy reading!
Lars Larsen Chairman of the Board
Jan Bøgh Managing Director
Lars Larsen opened his first store in 1979. Today JYSK is an international group with more than 2,000 stores in 34 countries and around 17,500 employees. JYSK aims to provide everyone with great offers and has ambitions to open stores across the world. The group is owned by Lars Larsen, and its annual turnover is approximately 2,6 billion Euro.
3
Introduction
JYSK Nordic