MARTIN GRUPPEN
Turned around and rebuild
The case in short
The man behind the idea of Danish smoke machines and lighting products for discos, theatres, shows etc. had his second payment suspension.
His chartered accountant made contact to Aalund for help. Agreements with creditors, suppliers, banks etc. were made. Accounting systems rebuilt, new products developed, stocks sold, departments closed and a new sales manager hired. – The company was divided into three limited companies; holding, sales / production and development / patents. – After two years the company had black figures and turnover was increasing.