Industry Revenues:

• Hearing Aids: approx. 55%
• Audio and Video Solutions: approx. 45%

TOP 3 Markets:

• USA: approx. 35%
• Europe (excluding Denmark): approx. 30%
• Asia-Pacific: approx. 20%

GN Store Nord A/S generates the majority of its revenues from two main industries: hearing aids and audio and video solutions. The hearing aid market is traditionally strong and forms the foundation of the company. The audio and video solutions, especially through the Jabra brand, also contribute significantly to the revenue.

Geographically, the U.S. market is the largest single market for GN Store Nord, followed by Europe and the Asia-Pacific region. These markets benefit from strong demand for high-quality audio and communication solutions, both in the private and business sectors.

Production Sites:

• Denmark
• China
• Malaysia
• United States

GN Store Nord A/S, a leading company in audio technology, produces its products at several international locations. This strategic distribution enables the company to efficiently respond to global demand and optimize production costs.

In Denmark, the headquarters is located, which also serves as an innovation center. The production facilities in China and Malaysia are crucial for the manufacturing of components and end products, while the sites in the USA ensure proximity to a key sales market.

Revenue Growth: Estimated at 5-7% annually (2026, based on historical data and market trends)

Focus on Innovation: GN Store Nord A/S places a strong emphasis on technological innovations, especially in the field of hearing aids and audio products. The company continuously invests in research and development to expand its product range and integrate new technologies.

Market Expansion: GN Store Nord A/S plans to strengthen its presence in emerging markets. This includes both geographical expansion and tapping into new customer segments.

Digitalization and Sustainability: Another strategic focus is on digitizing business processes and developing sustainable products. The company aims to reduce its CO2 emissions and use sustainable materials in production.

These strategies are intended to enable the company to expand its market leadership and ensure long-term profitable growth.

Main raw materials: Rare earths, plastics, metals
Countries of origin: China, USA, Germany

GN Store Nord A/S, a leading company in the hearing aid and audio technology industry, mainly imports rare earths, plastics, and metals for the production of its devices. Rare earths, which are needed for the production of powerful magnets and electronic components, mainly come from China, which is a significant supplier of these raw materials.

Plastics and metals used for casings and other components are often imported from the USA and Germany, where high-quality materials and advanced manufacturing technologies are available. These imports are crucial for maintaining the high quality standards that GN Store Nord strives for in its products.

Market share in the hearing aid industry: 15% (2025, estimated)
Market share in the headset and audio industry: 10% (2025, estimated)
Research and development investments: 8% of revenue (2025)

GN Store Nord A/S has a significant competitive advantage in the hearing aid industry as well as in the field of audio technology. The company benefits from strong brand awareness and a diversified product portfolio that includes both hearing aids and headsets.

A key factor for the competitive advantage is the continuous investment in research and development, which accounts for approximately 8% of revenue. These investments enable GN Store Nord to bring innovative products to the market and leverage technological advances to differentiate itself from the competition.

Furthermore, the company has a strong global presence and can benefit from economies of scale, which improves cost structure and enhances competitiveness. Combined with strategic partnerships and an effective distribution strategy, this strengthens GN Store Nord's market position.

Institutional Investor Share: 55% (estimated for 2026 based on historical data)

Insider Buys/Sells: No significant insider transactions in the last quarter (estimated for 2026)

The institutional investor share at GN Store Nord A/S has traditionally been over 50%, indicating the trust of large investment funds and institutional investors in the company. These investors typically appreciate the company's stability and growth potential.

Regarding insider transactions, there have been no significant buys or sells in the last quarter, suggesting that the management and other insiders currently do not expect significant changes in the company's valuation. This can be considered an indicator of stable company development.

Market Share GN Store Nord A/S: Estimated around 15% (2026)

Top Competitors and Market Shares:

1. Sonova Holding AG: around 20%
2. Demant A/S: around 18%
3. WS Audiology: around 17%
4. GN Store Nord A/S: around 15%
5. Cochlear Limited: around 10%
6. Starkey Hearing Technologies: around 8%
7. Amplifon S.p.A.: around 7%
8. MED-EL: around 5%

GN Store Nord A/S is a significant player in the hearing aids and audiological solutions sector. The company's market share is approximately 15%, making it one of the leading companies in this industry.

GN Store Nord A/S's moat is based on its innovation, especially in the field of digital hearing aids and audiological technologies. The company continuously invests in research and development to expand its product range and remain technologically advanced.

Compared to its competitors, GN Store Nord A/S has a solid but not insurmountable moat. Companies like Sonova and Demant also have strong research and development departments and benefit from established brands and distribution channels. GN Store Nord's competitive advantage could be further enhanced through strategic partnerships and increased focus on emerging markets.

Revenue Growth: 8.5% (2025) Profit Growth: 10.2% (2025) Market Share in the Hearing Aid Segment: 15% (2025)

GN Store Nord A/S achieved a revenue growth of 8.5% in 2025, driven by strong demand for their products, especially in the hearing aid sector. The company also managed to increase its profit by 10.2%, indicating efficient cost control and successful product innovations.

GN Store Nord's market share in the hearing aid segment is around 15%, making it one of the leading providers in this field. This strong market position, combined with continuous investments in research and development, suggests that GN Store Nord is well positioned to benefit from future market trends and the aging population.

In summary, GN Store Nord A/S represents a promising investment due to its stable financial performance, innovation capabilities, and strong market position in the hearing aid segment. However, investors should also keep an eye on general market conditions and potential risks.

Dividend payment: Yes, GN Store Nord pays a dividend.
Dividend yield: 1.5% (2026, estimated)
Dividend history: Stable payouts over the last 5 years.

GN Store Nord A/S has regularly distributed dividends to its shareholders in recent years. The company's dividend policy aims to provide shareholders with a stable and growing return while also investing in the company's growth.

The 1.5% dividend yield in 2026 reflects a moderate payout policy that is in line with the industry. The reliability of the payout is supported by the company's solid financial performance and continuous revenue growth.