Vow ASA 2020 AR2
The report highlights Vow ASA's performance in 2020, achieving record high revenues of NOK 460 million, representing 21 percent growth. The company launched Vow Industries as an incubator for business development and introduced Vow Green Metals to offer decarbonisation as a service. Vow also joined the UN Global Compact, committing to integrate the UN Sustainable Development Goals into its strategy and operations. Despite Covid-19 challenges, particularly in the aftersales segment, the company secured key cruise and landbased contracts, maintaining a strong order backlog of NOK 952 million.
Company: Vow ASA
Sector: Industrials
Country: Norway
Year: 2020
Type: AR2
Pages: 47
Vow ASA
Annual Report
The report highlights Vow ASA's performance in 2020, achieving record high revenues of NOK 460 million, representing 21 percent growth. The company launched Vow Industries as an incubator for business development and introduced Vow Green Metals to offer decarbonisation as a service. Vow also joined the UN Global Compact, committing to integrate the UN Sustainable Development Goals into its strategy and operations. Despite Covid-19 challenges, particularly in the aftersales segment, the company secured key cruise and landbased contracts, maintaining a strong order backlog of NOK 952 million.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees