AutoStore

OverviewSuggest Edit

AutoStore is a robot technology company developing warehouse automation solutions. It offers a storage system with robots that retrieve goods from a cube structure. The system is designed as an order fulfillment solution for large distribution centers.

TypePrivate
Founded1996
HQNedre Vats, NO
Websiteautostoresystem.com

Latest Updates

Employees (est.) (Dec 2019)106(+18%)
Revenue (FY, 2019)KR1.7 B(+46%)
Cybersecurity ratingBMore

Key People/Management at AutoStore

Karl Lier

Karl Lier

CEO & President
Helge Olsen

Helge Olsen

CSO Sales & Distribution
Anette Matre

Anette Matre

Chief HR Officer
Jone Gjerde

Jone Gjerde

Chief Operating Officer
Carlos Fernández

Carlos Fernández

Chief Product Officer
Ingvar Fagerland

Ingvar Fagerland

Chief System Architect
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AutoStore Office Locations

AutoStore has offices in Nedre Vats, Asker, Derry, Dijon and in 4 other locations
Nedre Vats, NO (HQ)
Stokkastrandvegen 85
Asker, NO
Hagaløkkveien 7
Dijon, FR
15 Boulevard de Brosses
Mönchengladbach, DE
Im Striep 10
Tokyo, JP
4F Yaesu Dori building, 3-4-15 Nihonbashi Chuo-ku
Koszalin, PL
Łukasiewicza 4
Show all (8)

AutoStore Financials and Metrics

Summary Metrics

Founding Date

1996
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AutoStore Revenue

Embed Graph
View revenue for all periods
AutoStore's revenue was reported to be kr1.71 b in FY, 2019 which is a 45.9% increase from the previous period.
NOK

Revenue (FY, 2019)

1.7b

Revenue growth (FY, 2018 - FY, 2019), %

45.9%

Gross profit (FY, 2019)

893.2m

Gross profit margin (FY, 2019), %

52.3%

Net income (FY, 2019)

602.4m

EBIT (FY, 2019)

675.8m

Cash (31-Dec-2019)

157.1m
NOKFY, 2017FY, 2018FY, 2019

Revenue

654.4m1.2b1.7b

Revenue growth, %

79%46%

Cost of goods sold

308.9m615.7m815.5m

Gross profit

345.5m555.5m893.2m
NOKFY, 2017FY, 2018FY, 2019

Cash

33.6m176.9m157.1m

Accounts Receivable

102.0m144.8m530.0m

Current Assets

251.1m563.2m1.1b

PP&E

8.1m15.6m38.6m
NOKFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

13.5m14.7m28.0m

Inventories

29.0k(1.0m)2.7m

Accounts Payable

22.7m(26.9m)152.1m

Cash From Operating Activities

98.3m622.3m394.3m
NOKFY, 2017

Revenue/Employee

8.8m

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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AutoStore Operating Metrics

Oct, 2020

Installations to Date

50

Partners

14

Countries

30

Trademarks (US)

9
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AutoStore Acquisitions / Subsidiaries

Company NameDateDeal Size
Austostore US
Autostore DE
Autostore FR
Autostore Japan
Autostore Sp.z.o.o.
Autostore UK

AutoStore Revenue Breakdown

Embed Graph

AutoStore revenue breakdown by geographic segment: 50.8% from Europe, 9.6% from Asia and Australia, 38.8% from North and South America and 0.8% from Other

AutoStore Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

AutoStore Online and Social Media Presence

Embed Graph

AutoStore News and Updates

Robotics Firm AutoStore Plans IPO at $10 Billion Value

Robotics Firm AutoStore Plans IPO at $10 Billion Value

AutoStore Named to Food Logistics’ 2021 Top Green Providers List

NEDRE VATS, Norway, June 22, 2021 (GLOBE NEWSWIRE) -- Leading robot technology company, AutoStore, announces it has been named to Food Logistics’ 2021 Top Green Providers list. The publication is exclusively dedicated to covering the movement of product through the global cold food supply chain.

Ocado Loses U.K. Injunction Bid Against Bitter Rival AutoStore

Ocado Loses U.K. Injunction Bid Against Bitter Rival AutoStore

Global Automated Storage and Retrieval System Markets, 2021-2028: Unit Load, Mini Load, Vertical Lift Module, Vertical Carousels, Horizontal Carousels, AutoStore

Dublin, May 24, 2021 (GLOBE NEWSWIRE) -- The "Automated Storage and Retrieval System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type and End Users, Geography" report has been added to ResearchAndMarkets.com's offering. The automated storage and retrieval system market was val…

Softbank acquires 40% stake in Norwegian robotics firm AutoStore for $2.8 billion

Japan’s Softbank has acquired a 40% minority stake in robotics and software firm AutoStore for $2.8 billion. With the purchase, AutoStore now has a $7.7 billion market value. The 40% minority stake will be purchased from funds associated with Thomas H. Lee Partners (THL) and EQT Private Equity, as w…

SoftBank pays $2.8B to acquire 40% stake in warehouse automation firm AutoStore

SoftBank Group Corp. said today it has invested $2.8 billion to acquire a 40% stake in Norwegian warehouse automation company AutoStore AS. SoftBank, Japan’s largest telecommunications companies and one of the world’s largest venture capital firms, acquired shares in the company from funds affiliat…
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AutoStore Frequently Asked Questions

  • When was AutoStore founded?

    AutoStore was founded in 1996.

  • Who are AutoStore key executives?

    AutoStore's key executives are Karl Lier, Helge Olsen and Anette Matre.

  • How many employees does AutoStore have?

    AutoStore has 106 employees.

  • What is AutoStore revenue?

    Latest AutoStore annual revenue is kr1.7 b.

  • What is AutoStore revenue per employee?

    Latest AutoStore revenue per employee is kr16.1 m.

  • Who are AutoStore competitors?

    Competitors of AutoStore include Vanderlande Industries, Amazon and KUKA.

  • Where is AutoStore headquarters?

    AutoStore headquarters is located at Stokkastrandvegen 85, Nedre Vats.

  • Where are AutoStore offices?

    AutoStore has offices in Nedre Vats, Asker, Derry, Dijon and in 4 other locations.

  • How many offices does AutoStore have?

    AutoStore has 8 offices.