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Hedengren + Baldwin Boxall = Security in a Class of Its Own

We at Hedengren are proud to announce that we are now strengthening our product portfolio with emergency voice communication systems. We are doing ...

04.02.2025

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Lasse Knutsen appointed as Managing Director of Hedengren Security AS

The Managing Director of Hedengren Security AS has changed. Lasse Knutsen, who previously served as the Sales Director of Hedengren Norway, has been appointed as the new Managing...

15.01.2025

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Merry Christmas and a successful New Year 2025!

The spirit of Christmas is born from doing good The importance of doing good grows in uncertain times. We have directed Hedengren's Christmas gift funds to those in need in Ukraine thr...

17.12.2024

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Hedengren's Annual Review has been published

The report includes the consolidated income statement and balance sheet, key figures on business development, as well as the CEO's and business area managers' reviews. The annual review is available for reading on the company's website.

The group's turnover was €64.2 million (€68.9 million in 2022), and operating profit was €1.1 million (€2.4 million in 2022). Export and foreign operations accounted for approximately 27.3 % of the group's total turnover.

The turnover for security technology decreased by about 6 % and was €32.6 million (€34.7 million in 2022). The turnover for building technology decreased by about 4 % and was €31.7 million (€33.1 million in 2022).

From a commercial perspective, the year 2023 was characterized by two phases and was eventful.

Based on a growth-oriented and customer-centric corporate strategy, the organization was strengthened and adapted to support business operations and accelerate the transition of operating models to a new level, both from a customer and efficiency perspective.

For more detailed information, you can see the CEO's and business area managers' reviews as well as key figures in the annual report.

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