Turnover: 2.351 billion EUR (2022)
Country: Denmark
WIDEX is a Danish family business founded in 1956. It specializes in the manufacture of hearing systems and distributes hearing solutions.
Among other things, it invented the first fully digital in-the-ear hearing system.
The company is present in over 100 countries. It employs more than 4000 people
It will merge with Sivantos in 2019 and become WS Audiology.
Financial Data
DUNS: 967201146
Legal Name: WIDEX
Address: 104 BD DU MONTPARNASSE ESPACE NEWTON SQUARE, 75014 PARIS 14
Number of employees: Entre 20 et 49 salariés (2020)
Capital: 5 800 000 EUR
Financial Data:
| Year | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Turnover | 22 883 794 | 20 602 742 | 13 057 478 | 24 603 972 | 21 919 451 | 23 926 346 | 24 146 397 | 22 786 196 |
| Gross margin (€) | 8 319 540 | 7 896 386 | 11 812 858 | 12 992 645 | 11 156 532 | 13 101 532 | - | - |
| EBITDA (€) | -1 165 331 | 18 863 | 2 508 160 | 1 616 245 | 1 289 181 | 1 659 456 | - | - |
| Operating profit (€) | 688 214 | 690 959 | 652 739 | 2 031 281 | 1 184 163 | 1 287 567 | - | - |
| Net profit (€) | 369 205 | 706 594 | 641 457 | 1 245 927 | 1 258 880 | 1 127 875 | 688 228 | -252 297 |
| Turnover growth rate (%) | 11,1 | 57,8 | -46,9 | 12,2 | -8,4 | -0,9 | - | - |
| Ebitda margin rate (%) | -5,1 | 0,1 | 19,2 | 6,6 | 5,9 | 6,9 | - | - |
| Operating margin rate (%) | 3 | 3,4 | 5 | 8,3 | 5,4 | 5,4 | - | - |
| Working Capital (turnover days) | 413,5 | 340,5 | 384,4 | 163,3 | 159 | 128 | - | - |
| Working Capital requirements (turnover days) | 65,2 | 96,8 | 139,9 | 58,7 | 118,5 | 101,5 | - | - |
| Net margin (%) | 1,6 | 3,4 | 4,9 | 5,1 | 5,7 | 4,7 | - | - |
| Added value / Turnover (%) | 10,8 | 19,1 | 52 | 30,5 | 26,3 | 26,9 | - | - |
| Wages and social charges (€) | 3 505 994 | 3 627 023 | 4 015 170 | 5 509 657 | 4 169 963 | 4 423 690 | - | - |
| Salaries / Turnover (%) | 15,3 | 17,6 | 30,7 | 22,4 | 19 | 18,5 | - | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Benoit, Enguerran | Caudreliez | 49 |
Studies mentioning this company
The hearing aid market - France
Other companies mentioned:
The Hearing Aid Market - United States
Other companies mentioned:
- Oticon
- WS Audiology (Widex Sivantos)
- ReSound (GN Hearing)
- Signia
- Starkey
- Amplifon
- Beltone (GN hearing)
- GN Hearing
- Demant groupe
The hearing aid market - Italy
Other companies mentioned:
- Sonova
- Sivantos
- Med-el
- Audika
- Demant groupe
- Prodition (Groupe Demant)
- Starkey
- Beltone (GN hearing)
- ReSound (GN Hearing)
- GN Hearing
- Amplifon
- WS Audiology (Widex Sivantos)
The hearing aid market - Portugal
Other companies mentioned:
- Minisom
- GAES
- Acústica Médica (Demant group)
- Audição Activa
- Amplifon
- WS Audiology (Widex Sivantos)