Avarn Security - Annual Report 2021

Page 12

We have changed the company structure and established holding companies in each country. The legal structure now coincides with how we measure, report and follow up our operation in each country and within the Group.

The board of directors’ report 2021 for Avarn Security Group Holding AS — Operations and locations

The business is run according to the

a strong common culture, we are prepared

Avarn Security is a strategic and

company values and has an ongoing focus

for further growth. This will primarily be

responsible security partner for corporate

on the work of quality assurance throughout

achieved through profitable organic growth,

customers and public sector organizations.

all parts of the business. Our vision is to

efficiencies, automation and digitalization.

We secure people and values, and our

be a full-service security provider and

mission is to help our customers succeed

to deliver first-class security solutions.

As a result of the merger in 2019, Avarn

by creating smooth and secure operational

Our three core values are rooted in our

Security was chosen to be the new brand

environments. We provide security services

daily work: Commitment, Compassion

for all security services and companies

and solutions in the Nordic market, with

and Collaboration.

within the Group. The rebranding process

main operations in Norway, Sweden,

was finalized in 2021. Employees, customers

Denmark and Finland. The head office is

These values are important guiding principles

and partners are all positive to the Avarn

in Oslo, Norway, and it is headed by Group

in our business and form the basis of all our

Security brand and has given the Group

CEO Vidar Berg.

decisions, services and products. Internally,

some compelling advantages in tender

these core values help us maintain a

processes both in Sweden and Norway.

Avarn Security Group delivers an important

steady course, as we work to uphold our

part of the infrastructure of a modern

commitment to our customers.

society. We have the responsibility for safety

12

In 2021, we have changed the company structure and established holding companies

across many customers and at airports,

Avarn Security has been an important

in each country. The legal structure now

nuclear power plants, shopping malls, train

player in the consolidation of the Nordic

coincides with how we measure, report and

and subway stations. Through our services

security and cash handling market. The

follow up our operation in each country and

in Nokas Cash Handling, we also ensure that

latest significant consolidation in the market

within the Group. According to the new legal

money can be used as a legal, accessible

is the merger between ‘old’ Nokas and ‘old’

structure Avarn Security Group Holding

and alternative means of payment.

Avarn in 2019. With solid operations and

AS is now the new holding company

footprints in the Nordic market, together with

in the Group.

AVARN SECURITY ANNUAL REPORT 2021


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