NEXT Biometrics Group ASA 2019 AR2
The report highlights NEXT Biometrics Group ASA's performance in 2019, a year marked by a company turnaround under new CEO Peter Heuman. Operating revenues decreased to NOK 84.4 million with a gross margin of 24%, heavily impacted by reduced sensor purchases from its largest customer. To address these challenges, the company implemented a cost reduction program, reducing headcount from 90 to 65. Key achievements included US PIV certification for its FAP20 sensor and the completion of its Dual Interface smart card solution.
Company: NEXT Biometrics Group ASA
Sector: Manufacturing
Country: Norway
Year: 2019
Type: AR2
Pages: 69
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NEXT Biometrics Group ASA
Annual Report
The report highlights NEXT Biometrics Group ASA's performance in 2019, a year marked by a company turnaround under new CEO Peter Heuman. Operating revenues decreased to NOK 84.4 million with a gross margin of 24%, heavily impacted by reduced sensor purchases from its largest customer. To address these challenges, the company implemented a cost reduction program, reducing headcount from 90 to 65. Key achievements included US PIV certification for its FAP20 sensor and the completion of its Dual Interface smart card solution.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees