Operating profit after result from associates
Nordisk Film produces movies and TV series in the Nordic region, operates cinemas in Denmark, Norway and Sweden, and has a substantial computer game business.
2019 brought solid revenue and strong operating earnings. The computer game portfolio currently consists of six companies: Avalanche Studios, Star Stable Entertainment AB, Raw Fury, Reto Moto, Flashbulb Games and Multiverse (Kogama). Nordisk Film increased its holdings in Star Stable Entertainment AB and Raw Fury during the year. The wholly-owned Avalanche Studios had a very strong year, launching two new titles – Generation Zero and Rage 2 – while the hunting simulator theHunter: Call of the Wild was a continued success.
Nordisk Film had a fantastic year for movie productions, with strong titles such as Queen of Hearts, Before the Frost and Hunting Season in Denmark, the fifth film in the Sune series in Sweden, and The Tunnel in Norway. Nordisk Film was also behind the TV series DNA in Denmark and Twin in Norway. New distribution agreements were entered into with YouSee in Denmark and TV 2 in Norway, and another with Com Hem in Sweden followed at the beginning of 2020.
Nordisk Film Cinemas opened a new luxury multiplex in Bergen and sold nearly 9 million tickets across its 45 cinemas in Denmark, Norway and Sweden. Digital gift card company GoGift again reported double-digit revenue growth.