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This is FlexQube
INTRODUCTION
FlexQube is a global provider of flexible and robust industrial carts for material handling. The Group was founded in 2010 and in a short period of time has secured a large number of prominent companies as customers.
STANDARDIZED interfaces and modular building blocks. enable a unique, efficient and scaleable design process giving customers access to customized cart solutions.
Material presentation and transport, with help from configurable carts, streamline material flows, reduce accidents with forklifts, improve ergonomics and the work environment and increase flexibility.
Currently, FlexQube's sales organization focuses on Europe and North America with manufacturing in Sweden for the European market and in South Carolina, USA for the North American market. At the beginning of 2020, a strategic decision was made to start collaborations with distributors around the world to reach more markets.
”If you loved to play with Lego® or Meccano® as a child, and as an adult strive for effective internal logistics, you will love this.”
Per Augustsson – Inventor, co-founder and CTO at FlexQube®
Content
OPERATIONS This is FlexQube .......................... 2 The year in brief ........................... 4 Our story ................................. 6 Key ratios ................................ 8 Multi-year overview and KPIs................. 9 CEO Letter .............................. 10 FlexQube's worldwide dealers .............. 14 Dealer - Lazar ............................ 16 Core values .............................. 18 ”Why, how and what” and our vision ......... 19 New US headquarters ..................... 20 The eQart ............................... 22 Sustainability ............................. 24 The customer in focus ..................... 26 Customer base ........................... 27 Strategies ............................... 28 Goals ................................... 29 Share capital, the share and ownership ....... 30
FINANCIAL ACCOUNTING Report of the Board of Directors ............ 33 Consolidated income statement............. 45 Consolidated balance sheet ................ 46 Consolidated changes in equity ............. 48 Consolidated cash flow statement ........... 49 Parent company income statement .......... 50 Parent company balance sheet ............. 51 Parent company changes in equity ........... 52 Parent company cash flow statement ........ 53 Notes ................................... 54 Auditor’s report........................... 63
CORPORATE GOVERNANCE Letter from the Chairman................... 66 Corporate Governance Report .............. 68 Board of Directors ........................ 76 Senior Executives ........................ 79
Annual General Meeting and financial calendar . . . . . . . . . . . . . . . . . . . . . 81 Contact information ....................... 81