Company Garo Aktiebolag (publ) Nasdaq Stockholm

Equities

SE0015812417

Electrical Components & Equipment

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Sector Other Electrical Components & Equipment

Inactive Instrument

Garo AB is a Sweden-based company, which is primarily engaged in the electrical installations industry. The Company offers a wide range of electrical products, such as plugs and sockets, switches, switchboards GCS, switchboard systems GPK, cable boxes, bottom boxes, terminals, junction boxes, aluminum enclosures, IT cabinets, meter cabinets, meter boards, consumer units, din rail components, switchgears, outletboxes, sunenergyproducts, workplace lighting, distribution boards, EV-charges, marina pedestals, residual current devices, safety isolators, circuit breakers, among others. The Company operates through a number of subsidiaries in such countries, as Finland, Norway, Ireland, Poland, among others. The Company operates WEB-EL Forsaljning AB as subsidiary.

Number of employees: 437

SEK in Million	2022	Weight	2023	Weight	Delta
GARO Electrification 87.1 %	1,307	94.0 %	1,193	87.1 %	-8.79%
GARO E-mobility 54.3 %	653	47.0 %	744	54.3 %	+13.89%
Elimination -41.4 %	-570	-41.0 %	-567	-41.4 %	-0.61%

SEK in Million	2022	Weight	2023	Weight	Delta
Sweden 56.6 %	818	58.8 %	776	56.6 %	-5.17%
Ireland 16.2 %	185	13.3 %	222	16.2 %	+19.85%
Norway 10.4 %	140	10.1 %	142	10.4 %	+1.43%
United Kingdom 4.9 %	70	5.0 %	67	4.9 %	-4.01%
Other Countries 4.4 %	118	8.5 %	60	4.4 %	-49.15%
Finland 3.9 %	59	4.2 %	53	3.9 %	-9.71%
Denmark 3.7 %	-	-	51	3.7 %	-

Managers	Title	Age	Since
Patrik Andersson CEO	Chief Executive Officer	46	06-12-31
Helena Claesson DFI	Director of Finance/CFO	55	18-12-31
Rickard Blomqvist CHM	Chairman	53	15-09-09
Bo Eriksson CTO	Chief Tech/Sci/R&D Officer	-	-
Daniel Emilsson PRN	Corporate Officer/Principal	49	06-12-31

Members of the board	Title	Age	Since
Sven Lars-Åke Rydh BRD	Director/Board Member	71	17-12-31
Karl Johan Paulsson BRD	Director/Board Member	61	20-12-31
Susanna Hilleskog BRD	Director/Board Member	61	17-12-31
Rickard Blomqvist CHM	Chairman	53	15-09-09
Martin Althén BRD	Director/Board Member	56	20-12-31
Mari-Katharina Jonsson Kadowaki BRD	Director/Board Member	60	19-05-14
Jonas Lohtander BRD	Director/Board Member	50	11-12-31
Mari-Katharina Kadowaki		60	-
Lars Kongstad BRD	Director/Board Member	61	22-12-31

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	50,000,000	26,255,020 ( 52.51 %)	0	52.51 %

Name	Equities	%	Valuation
Lars Åke Peter Svensson 35.68 %	17,841,725	35.68 %	45 M kr
Svolder AB (Investment Management) 12.36 %	6,180,000	12.36 %	16 M kr
Volador AB 5.050 %	2,525,000	5.050 %	6 M kr
Nordea Investment Management AB 4.939 %	2,469,631	4.939 %	6 M kr
Spiltan Fonder AB 4.825 %	2,412,662	4.825 %	6 M kr
Tredje AP-fonden 2.600 %	1,300,000	2.600 %	3 M kr
Lannebo Fonder AB 2.257 %	1,128,698	2.257 %	3 M kr
Stefan Georg Jonsson 2.166 %	1,083,225	2.166 %	3 M kr
Crédit Mutuel Asset Management SA 1.473 %	736,597	1.473 %	2 M kr
JCE Group AB 1.170 %	585,000	1.170 %	1 M kr

GARO AB

Södergatan 26

335 33, Gnosjo

+46 3 70 33 28 00

http://www.garo.se

Name	Category and Sector
Garo Elflex AB Garo Elflex AB Engineering & ConstructionIndustrial Services Part of GARO AB, Garo Elflex AB is a Swedish company that provides electrical installation services. The company is based in NÃ¤ssjÃ¶, Sweden.	Engineering & Construction
Garo AS Garo AS Electronics/Appliance StoresRetail Trade Part of GARO AB, Garo AS is a Norwegian company that operates online electronic stores. The company is based in Drammen, Norway.	Electronics/Appliance Stores
Garo Montage AB Garo Montage AB Electrical ProductsProducer Manufacturing Part of GARO AB, Garo Montage AB is a Swedish company that manufactures electrical instruments and equipment. The company is based in Gnosjo, Sweden.	Electrical Products
GARO E-mobility AB

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Other Electrical Components & Equipment

	1st Jan change	Capi.
SIEMENS AG	+8.38%	157B
SCHNEIDER ELECTRIC SE	+29.22%	143B
EATON CORPORATION PLC	+37.29%	132B
EMERSON ELECTRIC CO.	+17.73%	65.56B
AMETEK, INC.	+2.81%	39.24B
WEG S.A.	+24.30%	35.3B
DELTA ELECTRONICS, INC.	+34.61%	33.69B
VERTIV HOLDINGS CO	+86.65%	33.57B
ROCKWELL AUTOMATION, INC.	-8.74%	32.3B

Other Electrical Components & Equipment