OverviewSuggest Edit

Jotun is a manufacturer and distributor of paints, chemicals, and powder coatings. It offers interior and exterior paints, floor and powder coatings, fire protection, emulsion primers, and other related products.
TypePrivate
Founded1926
HQSandefjord, NO
Websitejotun.com

Latest Updates

Employees (est.) (Dec 2020)9,855(-1%)
Revenue (FY, 2020)KR21.1 B(+8%)
Cybersecurity ratingAMore

Key People/Management at Jotun

Vidar Nysaether

Vidar Nysaether

Group Executive Vice President & CFO
Morten Fon

Morten Fon

President & CEO
Baard K. Tonning

Baard K. Tonning

Group Executive Vice President Jotun Decorative Paints
Odd Gleditsch

Odd Gleditsch

Chairman of the Board
Einar Abrahamsen

Einar Abrahamsen

Member of the Board
Terje Andersen

Terje Andersen

Member of the Board
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Jotun Office Locations

Jotun has offices in Sandefjord, Laksevåg, Dely Ibrahim, Beresfield and in 110 other locations
Sandefjord, NO (HQ)
P.O.Box 2021,N-3202
Laksevåg, NO
Damsgårdsveien 131
Dely Ibrahim, DZ
Ain Allah
Beresfield, AU
8/2 Arunga Dr
Berrinba, AU
3 Prospect Pl
Brooklyn, AU
9 Cawley Rd
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Jotun Financials and Metrics

Summary Metrics

Founding Date

1926
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Jotun Revenue

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View revenue for all periods
Jotun's revenue was reported to be kr21.07 b in FY, 2020 which is a 7.2% increase from the previous period.
NOK

Revenue (Apr, 2021)

7.4b

Gross profit (Apr, 2021)

3.7b

Gross profit margin (Apr, 2021), %

49.4%

Net income (Apr, 2021)

1.0b

EBIT (Apr, 2021)

1.5b

Cash (30-Apr-2021)

2.6b
Annual
NOKFY, 2018FY, 2019FY, 2020

Revenue

17.7b19.7b21.1b

Revenue growth, %

11%7%

Cost of goods sold

9.9b10.4b10.6b

Gross profit

7.7b9.2b10.4b
Monthly
NOKApr, 2019Aug, 2019Apr, 2020Aug, 2020Apr, 2021

Revenue

6.2b6.6b6.8b7.1b7.4b

Cost of goods sold

3.3b3.5b3.4b3.6b3.8b

Gross profit

2.9b3.1b3.4b3.5b3.7b

Gross profit Margin, %

47%47%50%49%49%
Annual
NOKFY, 2018FY, 2019FY, 2020

Cash

1.0b1.9b3.0b

Accounts Receivable

4.7b4.8b4.6b

Inventories

2.8b2.8b2.9b

Current Assets

9.0b10.0b10.8b
Monthly
NOKApr, 2019Aug, 2019Apr, 2020Aug, 2020Apr, 2021

Cash

1.3b1.9b2.2b2.7b2.6b

Inventories

2.9b3.0b3.4b2.9b3.2b

Current Assets

9.8b10.4b11.9b11.0b11.9b

PP&E

6.0b6.2b7.1b6.7b7.0b
Annual
NOKFY, 2018FY, 2019FY, 2020

Net Income

673.6m1.5b2.4b

Depreciation and Amortization

530.1m809.7m824.0m

Inventories

(264.9m)10.9m(48.0m)

Accounts Payable

117.4m83.5m220.0m
Monthly
NOKApr, 2019Aug, 2019Apr, 2020Aug, 2020Apr, 2021

Net Income

633.0m1.1b612.0m1.5b1.0b

Depreciation and Amortization

224.0m558.0m266.0m522.0m273.0m

Cash From Operating Activities

177.0m1.3b176.0m1.7b399.0m

Cash From Investing Activities

(481.0m)(1.0b)(338.0m)(813.0m)(404.0m)
NOKFY, 2018

Revenue/Employee

1.8m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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Jotun Operating Metrics

FY, 2018FY, 2019FY, 2020

Production Facilities

403938

Companies

626567

Countries (Offices)

454747

Countries Covered

100100100
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Jotun Acquisitions / Subsidiaries

Company NameDateDeal Size
PRSApril 05, 2000
El-Mohandes Jotun S.A.E.
Jotun Algerie S.A.R.L
Jotun Australia Pty. Ltd.
Jotun Bangladesh Ltd.
Jotun Boya Sanayi ve Ticaret A.S.
Jotun Brasil Importacao, Exportacao E Ind De Tintas Ltda.
Jotun B.V.
Jotun (Cambodia) LTD.
Jotun Cyprus Ltd.
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Jotun Revenue Breakdown

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Jotun revenue breakdown by business segment: 21.5% from Marine Coatings, 38.0% from Decorative Paints, 30.2% from Protective Coatings, 8.2% from Powder Coatings and 2.1% from Other

Jotun revenue breakdown by geographic segment: 16.7% from Scandinavia, 16.2% from Middle East, India and Africa , 12.1% from West Europe, 9.9% from East Europe and Central Asia, 24.5% from South East Asia and Pacific, 18.1% from North East Asia and 2.4% from Other

Human Capital Metrics

Jotun's employees are reported to be approximately 19% female and 81% male.
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Jotun Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Jotun Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Jotun Online and Social Media Presence

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Jotun News and Updates

Jotun delivers robust results for the first four months of 2021

Jotun recorded revenue of NOK 7 441 million and operating income of NOK 1 469 million in the first four months of the year. Both sales and earnings were at record levels for the period

Jotun Frequently Asked Questions

  • When was Jotun founded?

    Jotun was founded in 1926.

  • Who are Jotun key executives?

    Jotun's key executives are Vidar Nysaether, Morten Fon and Baard K. Tonning.

  • How many employees does Jotun have?

    Jotun has 9,855 employees.

  • What is Jotun revenue?

    Latest Jotun annual revenue is kr21.1 b.

  • What is Jotun revenue per employee?

    Latest Jotun revenue per employee is kr2.1 m.

  • Who are Jotun competitors?

    Competitors of Jotun include TANATEX Chemicals, Neschen and Hempel.

  • Where is Jotun headquarters?

    Jotun headquarters is located at P.O.Box 2021,N-3202, Sandefjord.

  • Where are Jotun offices?

    Jotun has offices in Sandefjord, Laksevåg, Dely Ibrahim, Beresfield and in 110 other locations.

  • How many offices does Jotun have?

    Jotun has 117 offices.