Guldbrand Group

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Guldbrand Group A/S
Private
Traded asKSE: GBG
IndustryRetail
Founded1971
FounderOle Guldbrand
HeadquartersGuldbrand Tower, ,
Number of locations
2493
Key people
Sebastian Kjeldsen, CEO
ProductsSupermarket, Department store, Superstore, Convenience shop
Revenue$147.05 billion
$55.12 billion
Total assets$87.53 billion
Number of employees
78.465 (2021)
SubsidiariesLokalHandel
Kiosk1000
Guldbrand
Brutto
K-O

Guldbrand Group is Littland's largest retailer, with 43.1% of the market share. It owns several chains of supermarkets, superstores, department stores, convenience shop and grocery stores. Guldbrand is Littlands's largest company by revenue, with $147.05 billion. It is also the largest private employer in the country with 78.465 employees in 2021. The company offers various retail formats, including supercenters, supermarkets, hypermarkets, department stores, specialty electronics, convenience stores, and digital retail.

Corporate affairs

Financial data

Chains

The chains owned by Guldbrand Group are:

  • Brutto - discount supermarkets
  • LokalHandel - non-food only stores
  • K-O - superstores
  • Kiosk1000 - convenience stores
  • Guldbrand - department stores

Brutto is the most numerous chain with over 1500 stores.