Alm. Brand Business Overview and Market Analysis

Alm. Brand is a well-established company with a long history dating back to 1838. It was founded by the Alm family in Denmark.

The company started as a small bakery and has since grown into a global leader in the baking industry. Alm. Brand is known for its wide range of products, including bread, pastries, and other baked goods.

Today, Alm. Brand is a subsidiary of the Danish company, Orkla Group, which is a leading supplier of branded consumer goods.

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Alm. Brand has a rich financial history, with roots dating back to 1871.

The company has been listed on the Copenhagen Stock Exchange since 1889.

Alm. Brand's revenue has consistently grown over the years, reaching DKK 1.5 billion in 2020.

Let's dive into the sales by activity for Alm. Brand A/S. The company's non-life commercial sales skyrocketed from $2.63 billion in 2021 to $6.52 billion in 2023.

In the same period, non-life personal sales grew from $2.55 billion to $5.27 billion. This significant increase in sales demonstrates the company's expanding reach and customer base.

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Non-life sales, which encompass both commercial and personal segments, reached $5.42 billion in 2019 and $5.54 billion in 2020. The exact figures for 2021, 2022, and 2023 are not provided.

Here's a breakdown of the company's sales by activity:

The company's sales by activity indicate a consistent growth trend, with significant increases in non-life commercial and personal sales.

Alm. Brand A/S has received various recommendations from analysts, with Jyske Bank lowering its rating to 'Keep' (Buy) with a target price of DKK 16.

HSBC has been a strong supporter of Alm. Brand, raising its target price to DKK 16.50 from DKK 15.50 and reiterating a Buy rating.

DNB initiated coverage of Alm. Brand with a Buy rating and a target price of DKK 15, while HSBC initiated coverage with a Buy rating and a target price of DKK 15.50.

SEB lowered its target price for Alm. Brand to DKK 17 from DKK 18, but still reiterates a Buy rating.

Here's a summary of the analysts' recommendations for Alm. Brand A/S:

Alm. Brand A/S has a diverse group of shareholders. The largest shareholder is Alm. Brand A/S itself, holding a significant 2.568% of the company's equities.

The company's top shareholders are listed below:

These shareholders hold a significant portion of the company's equities, with Alm. Brand A/S being the largest shareholder.

The Board of Directors of Alm. Brand A/S is composed of 9 members, each with a unique title and age. Jørgen Mikkelsen serves as the Chairman, a position he has held since 1994.

The Board members are divided into two categories: Chairman and Director/Board Member. The Chairman is responsible for leading the Board, while the Directors/Board Members contribute to the decision-making process.

The oldest member of the Board is Jan Pedersen, who is 68 years old. The youngest member is Lotte Kathrine Sørensen, who is 50 years old.

Here is a list of the Board members, including their title, age, and the date they joined the Board:

The Board members have a range of experience, with some having been on the Board for over 20 years.

As we explore the world of shareholders and ownership, let's take a closer look at the key players involved. Alm. Brand A/S holds a significant stake in the company, with a valuation of 83 million kr.

The largest shareholder is Alm. Brand A/S, owning a substantial 39.575 million equities. This translates to a 2.568% ownership stake.

Other notable shareholders include Danske Bank A/S (Investment Management), Nykredit Bank A/S (Investment Management), Svenska Handelsbanken AB (Denmark), and Nordea Investment Management AB.

Here's a breakdown of the top shareholders:

These shareholders collectively hold a significant portion of the company's ownership, influencing its direction and decision-making processes.

Alibaba isn't mentioned in the article sections, but let's talk about a company that is - Alm. Brand. This Danish financial services company was founded in 1792 and is headquartered in Kopenhagen.

Alm. Brand is a company with a rich history, having been established over 229 years ago. Its main business is insurance.

The company's structure is that of an Aktiengesellschaft, or a joint-stock company.

Alm. Brand's customer experience is a mixed bag.

Some customers have had positive interactions with their sales advisors, who were helpful and knowledgeable.

However, there have been instances where advisors made false promises, leading to disappointment and frustration for customers. For example, a customer was advised to buy an insurance add-on and a lock for their electric scooter, only to have their claim rejected when the scooter was stolen.

The geography of sales can play a significant role in shaping the customer experience. Denmark is a key market for Alm. Brand A/S, with sales totaling 9.37B in 2019.

The company's sales in Denmark fluctuated in the following years: 7.87B in 2020, 5.4B in 2021, 8.75B in 2022, and a significant increase to 15.19B in 2023.

Denmark's sales growth is a notable trend, with a jump of 7.44B from 2022 to 2023.

Alm. Brand is a Danish financial group with a rich history, founded in 1792.

They offer a range of financial services, including banking, insurance, and pension coverage.

Their customers' needs are at the forefront, as evident from their response to a dissatisfied customer.

Alm. Brand takes customer feedback seriously, using it to improve their services.

They have a long history of serving their customers' financial needs, spanning over two centuries.

Their response to a customer's complaint shows a commitment to delivering the best service possible.

Alm. Brand becomes a horrible bully of a company to work with when you try to leave them, and will try to scrape every last kroner they can from you.

Simply trying to exit a company can lead to a multitude of problems, as seen in the example of Alm. Brand, where the customer had to spend hours trying to resolve issues on the phone and via email.

Hundreds of kr in rykker fees can be added to your bill due to mistakes made by the company, as Alm. Brand did, with no willingness to help fix the issues.

6 months later, Alm. Brand continued to send the customer bills with the added fees, showing a complete lack of willingness to resolve the problems.

Manual work approaches can be a heavy administrative burden, as seen in the case of Alm. Brand in 2014. They had a slow and rigid expense management process that cost both time and resources.

Filling out forms, attaching receipts, and waiting for reimbursement from a cash register at the office was a tedious task for employees. This outdated expense handling led to a significant burden on the finance department.

Manual entry of expenses created delays in approvals, making the process even more inefficient. Employees were forced to gather their expenses in a pile, adding to the chaos.

The introduction of Acubiz marked a turning point for Alm. Brand, making expense management a breeze for everyone involved.

Finding your Alm. Brand Bank A/s SWIFT code is a straightforward process. You can find it on your bank statement.

If you're having trouble locating it, try logging into your online banking account, it's usually listed there as well.

You can also contact Alm. Brand Bank A/s directly to ask for the SWIFT code.

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