Egil Verne

Oslo, Norway Founded: 1950 • Age: 76 yrs Acquired By Axel Johnson
Automotive warning and auxiliary lights are supplied by Verne.
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About Egil Verne

Egil Verne is a company based in Oslo (Norway) founded in 1950 was acquired by Axel Johnson in March 2018. It operates as a Direct-to-Consumer (D2C). The company has 20 employees as of December 31, 2022. Egil Verne offers products and services including Various Products. Egil Verne operates in a competitive market with competitors including Trondheim Bil-Demontering, CoastKey, Bildeler.no, Bilxtra and Bilomsetningen, among others.

  • Headquarter Oslo, Norway
  • Employees 20 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Egil Verne As
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
    $16.45 M (USD)
    17
    as on Dec 31, 2022
  • Net Profit
    $2.44 M (USD)
    4
    as on Dec 31, 2022
  • EBITDA
    $3.13 M (USD)
    4
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    20

    as on Dec 31, 2022

  • Acquired by
    Axel Johnson

    (Mar 01, 2018)

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Products & Services of Egil Verne

Egil Verne offers a comprehensive portfolio of products and services, including Various Products. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Various products are offered for online purchase daily.

Funding Insights of Egil Verne

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Egil Verne

Egil Verne has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Axel Johnson. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
A diversified group of companies is owned and operated by Axel Johnson Inc.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Egil Verne

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Egil Verne

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Egil Verne Comparisons

Employees
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Competitors of Egil Verne

Egil Verne operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trondheim Bil-Demontering, CoastKey, Bildeler.no, Bilxtra and Bilomsetningen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive battery, wheel, and charging cables are manufactured.
domain founded_year HQ Location
Provides keyless ignition and remote start for boat engines and safety features.
domain founded_year HQ Location
Automotive parts are distributed by Bildeler.no in Norway.
domain founded_year HQ Location
BilXtra sells car parts, accessories, tools, and offers maintenance services.
domain founded_year HQ Location
New and used automotive parts services are provided by Bilomsetningen.
domain founded_year HQ Location
Specializes in rooftop tents and camping accessories for outdoor enthusiasts.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Egil Verne

Frequently Asked Questions about Egil Verne

When was Egil Verne founded?

Egil Verne was founded in 1950.

Where is Egil Verne located?

Egil Verne is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Who is the current CEO of Egil Verne?

Arno Berg is the current CEO of Egil Verne.

How many employees does Egil Verne have?

As of Dec 31, 2022, the latest employee count at Egil Verne is 20.

What is the annual revenue of Egil Verne?

Annual revenue of Egil Verne is $16.45M as on Dec 31, 2022.

What does Egil Verne do?

Egil Verne AS is engaged in online retail operations. Various products are sold through an e-commerce platform targeting consumers in Norway. The company focuses on providing a range of items across multiple categories. Solutions for online shopping and customer support are maintained. The retail sector is primarily served through a user-friendly website.

Who are the top competitors of Egil Verne?

Egil Verne's top competitors include Trondheim Bil-Demontering, Bildeler.no and Bilomsetningen.

What products or services does Egil Verne offer?

Egil Verne offers Various Products.

Who are Egil Verne's investors?

Egil Verne has 1 investor. Key investors include Axel Johnson.

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