OverviewSuggest Edit

Kongsberg Automotive is a company that develops, manufactures, and sells products to the automotive industry. It operates through three segments: Interior, Powertrain and Chassis Products, and Specialty Products. The Interior segment offers comfort and safety related products, such as seat support systems, seat climate systems, and light duty cables for vehicle interiors. The Powertrain and Chassis Products segment provides gear shifters for automatic and manual transmissions, shift cables and towers, chassis stabilizers, and other related products. The Specialty Products segment offers driver control and fluid handling systems, such as air couplings, fuel transfer systems comprising specialized hoses, tubes, and assemblies.
TypePublic
Founded1987
HQZürich, CH
Websitekongsbergautomotive.com
Employee Ratings3.3
Overall CultureA+

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Latest Updates

Employees (est.) (Dec 2020)11,234(+3%)
Job Openings110
Revenue (FY, 2020)€969.3 M(-16%)
Share Price (Nov 2021)KR2.8
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Kongsberg Automotive

Jorg Buchheim

Jorg Buchheim

President & CEO
Robert Pigg

Robert Pigg

SVP Off-Highway
Frank Heffter

Frank Heffter

Chief Financial Officer
Christian Amsel

Christian Amsel

Chief Technology Officer
Bob Riedford

Bob Riedford

President, Powertrain & Chassis Products
Jon Munthe

Jon Munthe

General Counsel
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Kongsberg Automotive Office Locations

Kongsberg Automotive has offices in Zürich, Grand River, Novi, Suffield and in 34 other locations
Zürich, CH (HQ)
Europaallee 39
Shawinigan, CA
90 28e Rue, Grand-Mère
Nanqiao Town, CN
2nd Building, 777 Yuandong Rd
Shanghai, CN
1288 Kangqiao E Rd, Pudong Xinqu
Wuxi Shi, CN
30, 32 Xikun Rd, Xinwu Qu
Cluses, FR
650 Avenue de la République
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Kongsberg Automotive Financials and Metrics

Kongsberg Automotive Revenue

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Kongsberg Automotive's revenue was reported to be €969.3 m in FY, 2020 which is a 16.5% decrease from the previous period.
EUR

Revenue (FY, 2020)

969.3m

Revenue growth (FY, 2019 - FY, 2020), %

(16.5%)

Gross profit (FY, 2020)

448.9m

Gross profit margin (FY, 2020), %

46.3%

Net income (FY, 2020)

(118.0m)

EBIT (FY, 2020)

(76.2m)

Market capitalization (10-Nov-2021)

3.0b

Closing stock price (10-Nov-2021)

2.8

Cash (31-Dec-2020)

67.4m

EV

3.3b
Kongsberg Automotive's current market capitalization is kr3 b.
EURFY, 2018FY, 2019FY, 2020

Revenue

1.1b1.2b969.3m

Revenue growth, %

3%(17%)

Cost of goods sold

508.3m513.0m520.4m

Gross profit

614.8m647.9m448.9m
EURFY, 2018FY, 2019FY, 2020

Cash

59.2m25.2m67.4m

Accounts Receivable

210.7m216.8m237.9m

Inventories

120.4m102.9m88.9m

Current Assets

431.6m395.4m441.9m
EURFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

35.6m48.0m49.9m

Inventories

(15.8m)17.6m14.0m

Accounts Payable

29.0m(26.9m)7.3m

Cash From Operating Activities

43.2m51.4m74.1m
EURFY, 2018

Revenue/Employee

104.0k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.2 x
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Kongsberg Automotive Operating Metrics

Kongsberg Automotive's Enterprise Customers was reported to be 54 in FY, 2020.
FY, 2018FY, 2019FY, 2020

Enterprise Customers

555454

Light Vehicle Production Volume

94.2 m88.7 m74.5 m

Light Vehicle Production Volume (China)

27 m24.6 m23.6 m

Light Vehicle Production Volume (Other Asia-Pacific)

22.4 m21.5 m17.3 m
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Kongsberg Automotive Acquisitions / Subsidiaries

Company NameDateDeal Size
Teleflex's Global Motion SystemsOctober 15, 2007$560 m
Scandmec Automotive ABJune 25, 1996
CTEX Seat Comfort (Holding) Ltd
KA Group AG
Kongsberg 1 GmbH
Kongsberg Actuation Systems BV
Kongsberg Actuation Systems GmbH
Kongsberg Actuation Systems II LLC.
Kongsberg Actuation Systems Ltd
Kongsberg Actuation Systems SL
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Kongsberg Automotive Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Kongsberg Automotive Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Kongsberg Automotive Online and Social Media Presence

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Kongsberg Automotive Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    C+

    67/100

  • Compensation

    A+

    100/100

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Kongsberg Automotive News and Updates

Kongsberg Automotive has appointed Dr. Christian Amsel as Chief Technology Officer

Kongsberg Automotive has appointed Dr. Christian Amsel as Chief Technology Officer (CTO) to support the company’s continuous growth and innovation strategy, effective August 1, 2021. As CTO, Christian will oversee Kongsberg Automotive’s technology portfolio, and be responsible for new innovations an…

Kongsberg Automotive appoints new Investor Relations Manager

Jakob Bronebakk has been appointed as the new IR Manager, effective August 16, 2021. Jakob will be based in Oslo and will report to Joerg Buchheim, President and CEO.

Kongsberg Automotive reports Q2 2021 results

Kongsberg Automotive ASA will host an earnings conference call at 09:00 CET, today.

Invitation to Kongsberg Automotive's Q2 2021 Earnings Call

Kongsberg Automotive ASA will release its second quarter 2021 results on Friday, July 30, 2021, at 07:30 CET.

Invitation to Kongsberg Automotive's Q2 2021 Earnings Call

Kongsberg Automotive ASA will release its second quarter 2021 results on Friday, July 30, 2021, at 07:30 am CET.

Excited to welcome our new CFO

We are excited to welcome our new CFO. Frank Heffter joins Kongsberg Automotive on July 1, 2021 and will formally take over as CFO on July 29, 2021.
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Kongsberg Automotive Frequently Asked Questions

  • When was Kongsberg Automotive founded?

    Kongsberg Automotive was founded in 1987.

  • Who are Kongsberg Automotive key executives?

    Kongsberg Automotive's key executives are Jorg Buchheim, Robert Pigg and Frank Heffter.

  • How many employees does Kongsberg Automotive have?

    Kongsberg Automotive has 11,234 employees.

  • What is Kongsberg Automotive revenue?

    Latest Kongsberg Automotive annual revenue is €969.3 m.

  • What is Kongsberg Automotive revenue per employee?

    Latest Kongsberg Automotive revenue per employee is €86.3 k.

  • Who are Kongsberg Automotive competitors?

    Competitors of Kongsberg Automotive include GRAMMER, Standard Profil and MAHLE.

  • Where is Kongsberg Automotive headquarters?

    Kongsberg Automotive headquarters is located at Europaallee 39, Zürich.

  • Where are Kongsberg Automotive offices?

    Kongsberg Automotive has offices in Zürich, Grand River, Novi, Suffield and in 34 other locations.

  • How many offices does Kongsberg Automotive have?

    Kongsberg Automotive has 38 offices.