Company NFO Drives AB

Equities

NFO

SE0015193800

Electrical Components & Equipment

End-of-day quote NORDIC GROWTH MARKET 06:00:00 2024-01-30 pm EST 5-day change 1st Jan Change
32.8 SEK +0.61% Intraday chart for NFO Drives AB -.--% -0.61%

Business Summary

NFO Drives AB (publ) is a Sweden-based company that develops, produces and markets frequency converters, which eliminate interference from electric motors. It has two patented products: Sinus Switch and Natural Field Orientation (NFO). Sinus Switch generates a sinusoidal voltage to the engine and loads the motor more gently, which increases the service life of the engine. Natural Field Orientation (NFO) is a converter, which calculates the motor speed at all frequencies and hence does not require a sensor on the motor. NFO Drives AB has two wholly owned subsidiaries in Blekinge, Karlshamn, Sweden: NFO Invest AB and NFO Control AB. The Company does not have any major shareholders. Each one holds approximately 8% stake.

Number of employees: 7

Sales per Business

SEK in Million2022Weight2023Weight Delta
Frequency Converters and Other Electronic Equipment
100.0 %
43 100.0 % 47 100.0 % +10.50%

Sales per region

SEK in Million2022Weight2023Weight Delta
Sweden
100.0 %
43 100.0 % 47 100.0 % +10.50%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 16-09-30
Director of Finance/CFO - 22-04-30
Chief Tech/Sci/R&D Officer - 18-11-30
Sales & Marketing - 11-11-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 63 -
Director/Board Member 50 -
Director/Board Member 64 16-04-21
Chairman - 18-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,061,869 2,356,252 ( 76.95 %) 0 76.95 %

Company contact information

NFO Drives AB

Tubba Torg 5

374 32, Karlshamn

+46 45 43 70 29

http://www.nfodrives.se
address NFO Drives AB(NFO)
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