Swedish film and TV production company Tre Vänner, wins Dagens industri's Gazelle award for three years of growth and four years of profitability.
When Jonas Fors was invited to speak at Dagens industri’s Gazelle event, recognizing the most profitable and fast-growing companies with revenues over SEK 10 million, he wondered why Tre Vänner, the film and TV production company that he co-founded, hadn’t been considered for the awards.
“I thought: ‘We fulfill all the criteria, our organic growth has doubled during the past three years, and we’ve been in strong financial shape with profits for the past four years, with an EBITA of 14 percent,” says Fors, who is CEO as well for Svensk Filmindustri. “Granted, our revenues are quite a bit bigger than just 10 million – we went from SEK 50 million to SEK 200 million in three years.”
So it’s no surprise that when Tre Vänner was in the running, it made the grade and has been named one of Sweden’s fastest growing and profitable companies. Less than 0.5 percent of Swedish companies manage to make the list, which has been meticulously pulled together each year since 1999 by Dagens industri, Sweden’s No. 1 business daily.
“When we found out we’d been named we were happy,” says Fors. “But the more we thought about it, the more we realized it really reflected the hard work of everyone at the company the past three years, so we decided it was time to celebrate!”
Fors isn’t content to rest on his laurels, however. He hopes that the company can make it one step further: “We want to be the Super Gazelle, which goes to the best company in Sweden!” This top award, which goes to the single best-performing Gazelle winner with more than SEK 25 million in revenues, will be given out at a special 15th anniversary Gazelle awards ceremony in Stockholm on Dec. 1.