Guldbrand Group

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Guldbrand Group A/S
Public limited company
Traded asKSE: GBG
IndustryRetail
Founded1971
FounderOle Guldbrand
HeadquartersGuldbrand Tower, ,
Number of locations
11,235 (2,893 in Littland)
Key people
Sebastian Kjeldsen, CEO
ProductsSupermarket, Department store, Superstore, Convenience shop
ServicesWorldwide
Revenue$147.05 billion (2021)
$35.12 billion (2021)
Total assets$87.53 billion (2021)
Number of employees
81,645 (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 Littland's largest company by revenue, with $147.05 billion. It is also the largest private employer in the country with 81,645 employees in 2021. The company offers various retail stores, including supercenters, supermarkets, hypermarkets, department stores, specialty electronics, convenience stores, and digital retail.

Corporate affairs

Financial data in billions
Year 2015 2016 2017 2018 2019 2020 2021
Revenue 126.82 132.63 133.14 135.02 137.89 141.31 147.05
Net income 28.65 30.16 30.71 31.25 31.58 33.81 35.12
Total assets 36.69 40.75 46.66 51.64 68.46 73.53 87.53
Employees 63,470 67,780 66,770 71,080 73,720 78,100 81,645

Chains

The chains owned by Guldbrand Group are:

Stores in
Littland
Chain Type
1532 Brutto Discount supermarket
924 Kiosk1000 Convenience store
265 LokalHandel Non-food only store
164 K-O Superstore
8 Guldbrand Department store

The chains of Brutto, Kiosk100 and the Guldbrand department stores can be found worldwide while the chains LokalHandel and K-O are only found in Littland.

Brutto

Kiosk1000