ANNUAL REPORT
2021
TABLE OF CONTENTS
ABOUT DIST IT 3
Aim and business concept 4
This is DistIT 5
History 9
The year in brief 11
A few words from our CEO 12
WHY INVEST IN DIST IT? 14
6 reasons to invest in DistIT 15
EFUEL in focus - DistIT's latest acquisition 24
DistIT's stock and shareholders 25
PORTFOLIO COMPANIES 28
Aurora Deltaco 30
Septon 32
EFUEL 34
Sominis 36
SUSTAINABILITY REPORT 38
CORPORATE GOVERNANCE 51
Corporate Governance Report 52
Board of Directors and Auditors 65
Senior Executives 67
Other Senior Executives 68
RISKS AND RISK MANAGEMENT 70
FINANCIAL REPORTS 78
Statutory Administration Report 80
Financial Reports (Group and Parent Company) 83
Accounting principles and notes (Group and Parent Company) 87
Declaration 112
Audit Report 113
Multi-year overview 2017-2021 119
Definitions 120
Annual General Meeting 123
Addresses 124
2
ABOUT DIST IT
WHY INVEST IN DIST IT?
PORTFOLIO COMPANIES
SUSTAINABILITY REPORTCORPORATE GOVERNANCERISKS AND
RISK MANAGEMENTFINANCIAL REPORTS
ABOUT DIST IT
3
AOBMODUITSTDISTT IT
VARFWÖHRYININVVESETSETRIAN I DISTDITS?T IT?
PORTFÖLJBOLAG PORTFOÖLLIJOBCOOLAMGPANIESHÅLLBARHETSRAPPORT HÅLLBSAURSHTEATINSRAABPILPITOYRRTEPORTRISRKIESRKSOACNHD
RISRKIHSAK NMTAENRIANGEMENTFINANFSINIEALNLACRIAALPRPEOPROTRETRS
Aim & business concept
DistIT shall acquire, own, and develop niche distributors within IT, Mobility, Consumer Electronics, Network and Data Communication in Europe.
Companies within the DistIT Group deliver both B2B and B2C products to the IT and AV market. The companies shall also develop and distribute their own brand labels (OBL).
Our vision is to be:
"A leading partner of IT, technical and AV products"
AOBMODUITSDTIISTT IT
VARFWÖHRYININVVESESTETRINA I DISTDITS?T IT?
PORTTFFOÖLLIOJOBCOCOLAMGPANIYES
HÅLLBSAURSHTEATINSRAABPILPITOYRRTEPORT
RISRKIESRKSOACNHD RISRKIHSKANMTAENRIANGEMENTFINANFSINIEALNLACIRAALPRPEOPROTRETRS
This is DistIT
DistIT AB (publ) with its subsidiaries is a stable and well-established distribution group within IT accessories, data communication, consumer electronics, networks and AV products in the Nordic region, on its way into Europe. Companies within the Group are niche distributors with strong market positions. The companies' products are aimed at both consumers and companies whose customers are in consumer electronics chains, online retailers, installers, Telecom operators, discount chains, grocery stores, and independent specialist retailers. Each subsidiary constitutes its own results centre, with responsibility for its chosen strategy. Common to the companies is a value-creating strategy for own brand labels (OBL) that increases the relevance of customers and creates prerequisites for growth and profitability. DistIT is a reliable business partner with high delivery reliability and service level, guaranteed product quality, and fast deliveries.
OPERATING INCOME
2 524.2
MSEK
GROSS MARGIN
21.7%
ADJUSTED EBITA MARGIN
3.6%
EMPLOYEES
264
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DistIT AB published this content on 26 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 April 2022 08:29:09 UTC.