GKN Aerospace Norway

GKN Aerospace Norway (GAN) is a company that manufactures complex components for jet engines and gas turbines. It specializes in the production of vanes, turbine exhaust cases, turbine rear frames, small and medium cases, and shafts.
TypeSubsidiary
Parent CompanyGKN Aerospace
HQKongsberg, NO
Founded1987
GKN Aerospace Norway was founded in 1987 and is headquartered in Kongsberg, NO

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Key People/Management at GKN Aerospace Norway

Jørn Nordahl

Jørn Nordahl

Vice President, Supply Chain
Henrik Willgohs

Henrik Willgohs

Vice President, Programs, Commercial and Supply Chain
Tor Helge Norendal Vaaer

Tor Helge Norendal Vaaer

Program Director, GE and Safran Programs
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GKN Aerospace Norway Office Locations

GKN Aerospace Norway has offices in Kongsberg and Shirley
Kongsberg, NO (HQ)
Kirkegårdsveien 45
Shirley, GB
Central Blvd
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GKN Aerospace Norway Financials and Metrics

Summary Metrics

Founding Date

1987
GKN Aerospace Norway is a subsidiary of GKN Aerospace

GKN Aerospace Norway Revenue

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View revenue for all periods
GKN Aerospace Norway's revenue was reported to be kr1.5 b in FY, 2020 which is a 27.6% decrease from the previous period.
NOKFY, 2018FY, 2019FY, 2020

Revenue

2.0b2.1b1.5b

Revenue growth, %

4%(28%)

Cost of goods sold

613.6m644.0m547.0m

Gross profit

1.4b1.4b949.2m
NOKFY, 2018FY, 2019FY, 2020

Cash

7.2m6.9m7.3m

Accounts Receivable

379.7m393.8m456.5m

Inventories

506.6m568.3m351.4m

Current Assets

2.3b1.5b1.2b
NOKFY, 2018FY, 2019FY, 2020

Net Income

474.8m502.6m(42.2m)

Depreciation and Amortization

53.5m53.1m74.3m

Cash From Operating Activities

443.4m517.5m66.2m

Purchases of PP&E

(61.3m)(71.2m)(71.2m)
NOKFY, 2018

Revenue/Employee

3.9m

Financial Leverage

1.3 x
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GKN Aerospace Norway Revenue Breakdown

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GKN Aerospace Norway revenue breakdown by business segment: 10.4% from Shaft, 53.6% from Exhaust Housing , 17.4% from Case and Ring, 12.5% from Guide Vanes and 6.1% from Other

GKN Aerospace Norway revenue breakdown by geographic segment: 12.0% from USA, 38.2% from France, 48.6% from Sweden and 1.2% from Other

GKN Aerospace Norway Online and Social Media Presence

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GKN Aerospace Norway Frequently Asked Questions

  • When was GKN Aerospace Norway founded?

    GKN Aerospace Norway was founded in 1987.

  • Who are GKN Aerospace Norway key executives?

    GKN Aerospace Norway's key executives are Jørn Nordahl, Henrik Willgohs and Tor Helge Norendal Vaaer.

  • How many employees does GKN Aerospace Norway have?

    GKN Aerospace Norway has 393 employees.

  • What is GKN Aerospace Norway revenue?

    Latest GKN Aerospace Norway annual revenue is kr1.5 b.

  • What is GKN Aerospace Norway revenue per employee?

    Latest GKN Aerospace Norway revenue per employee is kr3.8 m.

  • Who are GKN Aerospace Norway competitors?

    Competitors of GKN Aerospace Norway include Avio, Williams International and Mitsubishi Heavy Industries Aero Engines.

  • Where is GKN Aerospace Norway headquarters?

    GKN Aerospace Norway headquarters is located at Kirkegårdsveien 45, Kongsberg.

  • Where are GKN Aerospace Norway offices?

    GKN Aerospace Norway has offices in Kongsberg and Shirley.

  • How many offices does GKN Aerospace Norway have?

    GKN Aerospace Norway has 2 offices.