the grocery trade in denmark is dominated by Coop, Dagrofa and the Salling Group, of which it is only the latter which can seriously find out to earn money.
But, besides a few foreign discount chains are also Løvbjerg and the ABC's Budget.
They are great in Jutland, with each respectively. 15 and 14 shops. And for the ABC Budget goes to the owners - the family Tobiasen from west jutland Videbæk - really serves the box.
They are talking as good as ever with the press.
- We are doing well, but would rather live off the grid, have the executive director, Ejvind Okholm, stated to the Danish Handelsblad on behalf of the family.
the Family has the habit of annually to reap double-digit millionoverskud, and the past year has been no exception.
the Company has recently achieved a profit after tax of eur 34 million. kr. in 2018/19.
Thus, the company has in the last five years served 162 million. kr., write Fødevarewatch.
the Turnover of the 14 outlets has reached 1.3 billion. kr.
- the Turnover has grown nicely, and this is helped along by an increasing customer flow, " says 60-year-old Ejvind Okholm, director of the ABC Low-cost chain, in a press release.
For comparison, Løvbjerg 'only' earned pennies: eur 11 million). kr. the past five years.