4 OUR BUSINESS Our global mission is to deliver safety to customers at sea VIKING Life-Saving Equipment A/S is a global leader in maritime and offshore safety. We provide and service safety and fire-fighting equipment for passenger and cargo ships, offshore installations, fishing vessels, navies, helicopter services, fire departments and leisure yachts around the world. VIKING’s products protect passengers and crew on many of the world’s largest cruise liners and cargo ships, as well as workers on some of the world’s most technologically advanced offshore platforms. We also enable shipowners and owners/operators of offshore installations to focus on their business by providing administrative services and ensuring safety and regulatory compliance at all times. VIKING is a privately held corporation headquartered in Esbjerg, Denmark. Founded in 1960, VIKING manufactures its products in Denmark, Norway, Bulgaria and Thailand. The world is our home market. We think and act from a global perspective, and our worldwide presence ensures closeness to our customers. VIKING’s vision is to be our customers’ preferred partner for safety solutions. Comprehensive and innovative concepts such as VIKING Shipowner Agreements and VIKING Offshore Safety Agreements are core elements of fulfilling this vision. Global presence Service is a cornerstone of VIKING’s business, rooted in our uncompromising dedication to excellence. With our extensive network of local experts and more than 260 certified servicing stations spread around the globe, we offer unparalleled coverage of our customers’ service needs. Five-year business overview MDKK 2013 2014 2015 Net revenue Operating profit Assets Equity Average number of employees 1612 158 1322 617 1766 1728 191 1408 712 1860 1891 201 1630 802 1914 Fig. 1: The 2016 financial year marked the first time in 12 years that VIKING saw a decline in growth. 2016 1858 185 1660 923 2013 2017 1834 183 1555 971 1874
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