VIKING Life-Saving Equipment

OverviewSuggest Edit

VIKING is a manufacturer and supplier of maritime and offshore safety equipment. Its products include personal protective equipment, liferafts, boats, marine fire equipment, evacuation systems, etc. The company caters to merchant seafarers, ship passengers, offshore workers, sailors, and fishermen.
TypePrivate
Founded1960
HQEsbjerg, DK
Websiteviking-life.com
Employee Ratings2.9

Latest Updates

Employees (est.) (Dec 2020)2,914
Revenue (FY, 2020)KR2.6 B(-6%)
Cybersecurity ratingBMore
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Key People/Management at VIKING Life-Saving Equipment

Henrik Uhd Christensen

Henrik Uhd Christensen

Chief Executive Officer
Jens Lindholm

Jens Lindholm

Chairman of the Board
Allan Østergaard

Allan Østergaard

Chief Operating Officer
Gert Lillebæk

Gert Lillebæk

Chief Financial Officer Global Finance
Vagn Pedersen

Vagn Pedersen

Senior Vice President Regions​​​​
Ken Sørensen

Ken Sørensen

Senior Vice President Service, Digital & Strategy
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VIKING Life-Saving Equipment Office Locations

VIKING Life-Saving Equipment has offices in Esbjerg, Odense, Auburn, Cape Canaveral and in 65 other locations
Esbjerg, DK (HQ)
Sædding Ringvej 13
Odense, DK
Hestehaven 19
Bibra Lake, AU
105 Discovery Dr
Gap Ridge, AU
52 Exploration Dr
Rosebery, AU
102 Dunning Ave
Rio Bonito, BR
Rua José Cardoso da Silva, 300 mod. I
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VIKING Life-Saving Equipment Financials and Metrics

Summary Metrics

Founding Date

1960
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VIKING Life-Saving Equipment Revenue

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VIKING Life-Saving Equipment's revenue was reported to be kr2.58 b in FY, 2020 which is a 6.7% decrease from the previous period.
DKK

Revenue (FY, 2020)

2.6b

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

(6.7%)

Gross profit (FY, 2020)

1.5b

Gross profit margin (FY, 2020), %

59.1%

Net income (FY, 2020)

130.7m

EBIT (FY, 2020)

188.9m

Cash (31-Dec-2020)

200.0m
DKKFY, 2018FY, 2019FY, 2020

Revenue

2.0b2.8b2.6b

Revenue growth, %

37%(7%)

Cost of goods sold

791.6m1.2b1.1b

Gross profit

1.2b1.6b1.5b
DKKFY, 2018FY, 2019FY, 2020

Cash

230.4m214.5m200.0m

Accounts Receivable

468.1m564.9m445.5m

Prepaid Expenses

37.1m38.2m68.7m

Inventories

558.2m604.1m504.6m
DKKFY, 2018FY, 2019FY, 2020

Net Income

155.4m213.0m188.9m

Depreciation and Amortization

112.3m154.3m156.7m

Cash From Operating Activities

146.2m184.6m435.8m

Purchases of PP&E

(173.5m)(269.2m)(171.6m)
DKKFY, 2018

Revenue/Employee

911.2k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.3 x
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VIKING Life-Saving Equipment Operating Metrics

Aug, 2021

Manufacturing Facilities

8

Product Lines

6

Service Stations

288

Solutions

4
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VIKING Life-Saving Equipment Acquisitions / Subsidiaries

Company NameDateDeal Size
Hydropen ApS
Lifeboat Service de Mexico S.A. de C.V.
Nadiro A/S
NORSAFE AUSTRALIA PTY LTD
Norsafe Marine & Offshore Services, LLC
NORSAFE - SBI INVESTMENTS PTE LTD
NORSAFE SINGAPORE PTE. LTD.
SPASATELNYE SISTEMY, OOO
VIKING LAIF-SEIVING EKUIPMENT RASHA, OOO
VIKING LAIF-SEIVING EKUIPMENT UKRAINA, TOV
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VIKING Life-Saving Equipment Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

VIKING Life-Saving Equipment Online and Social Media Presence

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VIKING Life-Saving Equipment News and Updates

Viking secures order from PIL in Asian breakthrough for hydropen™ container firefighting solution

Fleetwide order from Pacific International Lines (PIL) represents significant acknowledgement of the effectiveness of the HydroPen™ container firefighting solution.

Viking boat and davit solutions meet BW offshore requirements for large FPSO bound for Australia

FPSO owner and operator BW Offshore has selected VIKING Norsafe Free-fall Lifeboats, Daughter Craft and Davits for a large FPSO project which will operate off northern Australia.

New viking evacuation kit puts turbine tower safety first top to bottom

VIKING Life-saving Equipment is maintaining momentum in its development of the most complete range of safety solutions to cover the risks facing wind turbine service technicians, by introducing an easily accessible and self-contained evacuation kit located in the tower.

Viking launches the next generation of offshore crew ppe with the viking yousafe™ vanguard lifejacket

The VIKING YouSafe™ Vanguard inflatable lifejacket has been developed after the leading supplier asked designers to return to first principles and deliver a versatile, high-quality product to meet new standards of comfort and safety in order to ensure compliance. Developed to meet (275N) offshore in…

Viking Launches the Next Generation of Offshore Crew Ppe With the Viking Yousafe™ Vanguard Lifejacket

The VIKING YouSafe™ Vanguard inflatable lifejacket has been developed after the leading supplier asked designers to return to first principles and deliver a versatile, high-quality product to meet new standards of comfort and safety in order to ensure compliance. Developed to meet (275N) offshore in…

Viking Shield Offers Three-in-One Protection for First Responders

VIKING Life-Saving Equipment launches fully certified, three-in-one protective gear so first responders can be ready for wildland fires, technical rescue/extrication or emergency medical operations.
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VIKING Life-Saving Equipment Frequently Asked Questions

  • When was VIKING Life-Saving Equipment founded?

    VIKING Life-Saving Equipment was founded in 1960.

  • Who are VIKING Life-Saving Equipment key executives?

    VIKING Life-Saving Equipment's key executives are Henrik Uhd Christensen, Jens Lindholm and Allan Østergaard.

  • How many employees does VIKING Life-Saving Equipment have?

    VIKING Life-Saving Equipment has 2,914 employees.

  • What is VIKING Life-Saving Equipment revenue?

    Latest VIKING Life-Saving Equipment annual revenue is kr2.6 b.

  • What is VIKING Life-Saving Equipment revenue per employee?

    Latest VIKING Life-Saving Equipment revenue per employee is kr886.3 k.

  • Who are VIKING Life-Saving Equipment competitors?

    Competitors of VIKING Life-Saving Equipment include MSA Safety, R. Stahl and Magid.

  • Where is VIKING Life-Saving Equipment headquarters?

    VIKING Life-Saving Equipment headquarters is located at Sædding Ringvej 13, Esbjerg.

  • Where are VIKING Life-Saving Equipment offices?

    VIKING Life-Saving Equipment has offices in Esbjerg, Odense, Auburn, Cape Canaveral and in 65 other locations.

  • How many offices does VIKING Life-Saving Equipment have?

    VIKING Life-Saving Equipment has 70 offices.