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F.E. Bording

Full company profile

uuid003iqxa

Namestring
F.E. Bording
Legal namestring
F.E. Bording A/S
Company typeenum
Public
Founded yearint
1792
Descriptiontext

Bording Group, legally F.E. Bording A/S, is a Scandinavian marketing and technology holding company operating through seven wholly-owned subsidiaries across Denmark, Sweden, and Norway. Founded in 1792 as a Copenhagen printing house by Mathias Seest and carrying the F.E. Bording name since 1844, the group evolved from a print heritage into an integrated marketing, technology, and consulting provider, completing a going-private transaction in 2021 after delisting from Nasdaq Copenhagen.

The group operates through three business areas with the following product surface: Agencies (Bording Cognito for intelligent customer dialogue/CRM in Norway; Nordlid for customer experiences through insights, creativity, and technology; Moonraker as a marketing and technology agency); Software (Fiftytwo, acquired 2018 and rebranded from Bording Data, delivering customer loyalty and sales enablement solutions); and Output Management (Bording Danmark and Bording Sweden for marketing material and communication solutions, plus Bording Link as a digital print house for data-driven individualized communications). The underlying technology stack includes CRM/dialogue platforms, digital print workflows, and the BordingNet internet-based order portal first launched in 1999-2001.

Revenue is generated through three streams: professional services from the agency subsidiaries (Cognito, Nordlid, Moonraker), recurring software subscriptions or licensing from Fiftytwo, and transaction-based output management fees from the print/communication subsidiaries. Go-to-market is enterprise B2B field sales targeting Nordic corporations, with custom annual pricing per engagement. Annual revenue was approximately 650 million DKK (~$95M USD) as last disclosed on the company website prior to the going-private transaction.

Short descriptiontext

Bording Group is a Scandinavian marketing and technology holding company operating seven subsidiaries across Denmark, Sweden, and Norway, providing integrated marketing agency services, customer loyalty software (Fiftytwo), and print/output management solutions to enterprise Nordic corporations.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersGlostrup, Denmark
HQ citystring
Glostrup
HQ countrystring
Denmark
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
marketing technology services, customer loyalty software, digital print services, marketing agency services, output management solutions
Industry3 codes
1Loyalty, Rewards & Retention Platforms
CodeBPAFAFAHPrimaryYes
2Customer, Marketing & Sales Consulting
CodeBPAHACAGPrimaryNo
3Customer Retention, Win-Back & Churn Reduction Programs
CodeMPAAAIAHPrimaryNo
NAICS code1 code
  • Other Management Consulting Services541618
SIC code1 code
  • Services-Management Consulting Services8742
Product category
Marketing and Communications Services
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Agency Services
TypeProfessional Services
Description

Marketing agency services including customer dialogue development (Cognito), customer experiences through insights and creativity (Nordlid). Operates as part of integrated marketing offering combining marketing, technology and consulting.

bordinggroup.com
2Software Subscriptions
TypeSubscription Recurring
Description

Fiftytwo delivers innovative software solutions that increase customer loyalty and boost sales figures through subscription or licensing model.

bordinggroup.com
3Output Management
TypeTransaction Fee
Description

Denmark and Sweden's leading supplier of marketing material and communication solutions through automated marketing processes. Includes Bording Danmark, Bording SE and BordingLink.

bordinggroup.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Others
Pricing details1 tier
1Enterprise custom pricing
ModelOtherBilling cadenceAnnual
Notes

No standard pricing tiers published; services are customized based on client requirements and scope of integrated marketing, technology and consulting engagements.

bordinggroup.com
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Bording Group is a Scandinavian marketing and technology community of 7 companies operating in three business areas: Agencies (intelligent customer dialogue via Bording Cognito and customer experience via Nordlid), Software (Fiftytwo loyalty/sales platform), and Output Management (Bording Danmark, Bording SE, and BordingLink digital print). The group combines marketing, technology, and consulting services to improve clients' commercial competitiveness.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Bording Group operates as a marketing and technology community consisting of seven companies organized in three business areas: Agencies, Software, and Output Management. The Agencies segment includes Bording Cognito (intelligent customer dialogue) and Nordlid (customer experiences through insights, creativity and technology). The Software segment features Fiftytwo (customer loyalty and sales solutions). The Output Management segment comprises Bording Danmark (marketing material and communication solutions), Bording SE (automated marketing processes), and Bording Link (data-driven individualized communications). The group employs over 400 people across Denmark, Sweden, and Norway.

Product and service7 records
1Bording Cognito
CategoryMarketing Agency
Description

An agency developing intelligent customer dialogue that motivates profitable customer relations for enterprise clients.

2Nordlid
3Bording Danmark
4Bording SE
5Bording Link
6Fiftytwo
7Moonraker
CategoryMarketing Agency
Description

Marketing and technology agency within the Bording Group offering specialized marketing services to enterprise clients.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Bording Group is a member of the UN Global Compact initiative, committing to 10 principles dealing with human rights, working conditions, the environment and anti-corruption since 2009. The group submits annual Communication on Progress reports.

Recent move16 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Danish-headquartered martech SaaS company offering web governance, SEO and content quality platforms to enterprise marketing teams. Comparable to the Fiftytwo software business and reflects what Bording's tech arm could scale toward.

TypeDirect peer
Description

Norwegian IT and digital consultancy serving Scandinavian enterprise clients across multiple sectors. Comparable Nordic enterprise B2B model with similar employee scale and integrated services/technology positioning.

TypeBroad incumbent
Description

Global advertising and marketing services holding company. Represents the broader marketing services competitive set against Bording's agency and output management offerings, though at vastly greater scale.

TypeDirect peer
Description

Norwegian-listed IT consultancy with Nordic and European footprint, providing digital services, consulting and software to enterprise customers. Comparable as another Nordic IT/services consolidator operating across multiple subsidiaries.

TypeDirect peer
Description

Stockholm-headquartered management and technology consultancy serving large Nordic enterprises. Comparable in targeting the same ambitious Nordic corporation segment and providing integrated strategy-technology advisory.

TypeEmerging player
Description

Enterprise customer loyalty and retention platform provider. Comparable to Fiftytwo as a specialized loyalty technology competitor targeting enterprise customer engagement use cases.

TypeRegional player
Description

Nordic print and digital communications services provider within the PostNord group, serving enterprise customers across Scandinavia. Most direct comparable to Bording's Output Management business (Bording Danmark, Bording SE, Bording Link).

TypeDirect peer
Description

Swedish-Nordic digital and IT consultancy group serving enterprise clients with integrated technology, design and communications services. Directly comparable to Bording in combining agency-style consulting with technology delivery across the Nordics.

TypeBroad incumbent
Description

Global marketing, creative and technology services arm of Accenture competing for the same enterprise CMO budgets. Represents the scaled-incumbent competitive ceiling Bording operates beneath.

TypeBroad incumbent
Description

Global advertising, marketing and communications holding company with broad portfolio of agency brands. Comparable to Bording's agency segment (Cognito, Nordlid) at much larger scale and international reach.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries7 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

F.E. Bording

Marketing and Communications Servicesbordinggroup.com

Bording Group is a Scandinavian marketing and technology holding company operating seven subsidiaries across Denmark, Sweden, and Norway, providing integrated marketing agency services, customer loyalty software (Fiftytwo), and print/output management solutions to enterprise Nordic corporations.

What F.E. Bording does

Bording Group, legally F.E. Bording A/S, is a Scandinavian marketing and technology holding company operating through seven wholly-owned subsidiaries across Denmark, Sweden, and Norway. Founded in 1792 as a Copenhagen printing house by Mathias Seest and carrying the F.E. Bording name since 1844, the group evolved from a print heritage into an integrated marketing, technology, and consulting provider, completing a going-private transaction in 2021 after delisting from Nasdaq Copenhagen.

The group operates through three business areas with the following product surface: Agencies (Bording Cognito for intelligent customer dialogue/CRM in Norway; Nordlid for customer experiences through insights, creativity, and technology; Moonraker as a marketing and technology agency); Software (Fiftytwo, acquired 2018 and rebranded from Bording Data, delivering customer loyalty and sales enablement solutions); and Output Management (Bording Danmark and Bording Sweden for marketing material and communication solutions, plus Bording Link as a digital print house for data-driven individualized communications). The underlying technology stack includes CRM/dialogue platforms, digital print workflows, and the BordingNet internet-based order portal first launched in 1999-2001.

Revenue is generated through three streams: professional services from the agency subsidiaries (Cognito, Nordlid, Moonraker), recurring software subscriptions or licensing from Fiftytwo, and transaction-based output management fees from the print/communication subsidiaries. Go-to-market is enterprise B2B field sales targeting Nordic corporations, with custom annual pricing per engagement. Annual revenue was approximately 650 million DKK (~$95M USD) as last disclosed on the company website prior to the going-private transaction.

F.E. Bording firmographics

Firmographics
Name
F.E. Bording
Legal name
F.E. Bording A/S
Website
https://bordinggroup.com
Company type
Public
Founded year
1792
Operating status
Operating
Headcount range
251–500 employees
Short description
Bording Group is a Scandinavian marketing and technology holding company operating seven subsidiaries across Denmark, Sweden, and Norway, providing integrated marketing agency services, customer loyalty software (Fiftytwo), and print/output management solutions to enterprise Nordic corporations.
Ownership category
akta.pro rank

F.E. Bording industry classification

Industry
Product category
Marketing and Communications Services
NAICS
Other Management Consulting Services (541618)
SIC
Services-Management Consulting Services (8742)
akta.pro primary industry
Loyalty, Rewards & Retention Platforms (BPAFAFAH)
akta.pro secondary industries
Customer, Marketing & Sales Consulting (BPAHACAG), Customer Retention, Win-Back & Churn Reduction Programs (MPAAAIAH)

Keywords

  • Marketing technology services
  • Customer loyalty software
  • Digital print services
  • Marketing agency services
  • Output management solutions

Where F.E. Bording is headquartered

Location

Headquarters

HQ city
Glostrup
HQ country
Denmark
HQ region
Europe

Offices1 record

Markets served

F.E. Bording business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Others

Revenue model

  1. Agency Services: Marketing agency services including customer dialogue development (Cognito), customer experiences through insights and creativity (Nordlid). Operates as part of integrated marketing offering combining marketing, technology and consulting.
  2. Software Subscriptions: Fiftytwo delivers innovative software solutions that increase customer loyalty and boost sales figures through subscription or licensing model.
  3. Output Management: Denmark and Sweden's leading supplier of marketing material and communication solutions through automated marketing processes. Includes Bording Danmark, Bording SE and BordingLink.

Pricing tiers

ModelBillingPrice
OtherAnnualEnterprise custom pricing

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

F.E. Bording product offering

Product offering

Core offering

Bording Group is a Scandinavian marketing and technology community of 7 companies operating in three business areas: Agencies (intelligent customer dialogue via Bording Cognito and customer experience via Nordlid), Software (Fiftytwo loyalty/sales platform), and Output Management (Bording Danmark, Bording SE, and BordingLink digital print). The group combines marketing, technology, and consulting services to improve clients' commercial competitiveness.

Product overview

Bording Group operates as a marketing and technology community consisting of seven companies organized in three business areas: Agencies, Software, and Output Management. The Agencies segment includes Bording Cognito (intelligent customer dialogue) and Nordlid (customer experiences through insights, creativity and technology). The Software segment features Fiftytwo (customer loyalty and sales solutions). The Output Management segment comprises Bording Danmark (marketing material and communication solutions), Bording SE (automated marketing processes), and Bording Link (data-driven individualized communications). The group employs over 400 people across Denmark, Sweden, and Norway.

Differentiator

Problem solved

Functional benefit

Products and services

  • Bording Cognito An agency developing intelligent customer dialogue that motivates profitable customer relations for enterprise clients.
  • Nordlid
  • Bording Danmark
  • Bording SE
  • Bording Link
  • Fiftytwo
  • Moonraker Marketing and technology agency within the Bording Group offering specialized marketing services to enterprise clients.

Companies that use F.E. Bording

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

F.E. Bording technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

F.E. Bording partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • UN Global CompactcoreStrategic or Co-development PartnerBording Group is a member of the UN Global Compact initiative, committing to 10 principles dealing with human rights, working conditions, the environment and anti-corruption since 2009. The group submits annual Communication on Progress reports.

Scale indicators4 records

Recent moves16 records

Expansion highlights4 records

F.E. Bording competitors and assessment

Company assessment

Direct peers

  • Siteimprove: Danish-headquartered martech SaaS company offering web governance, SEO and content quality platforms to enterprise marketing teams. Comparable to the Fiftytwo software business and reflects what Bording's tech arm could scale toward.
  • Bouvet ASA: Norwegian IT and digital consultancy serving Scandinavian enterprise clients across multiple sectors. Comparable Nordic enterprise B2B model with similar employee scale and integrated services/technology positioning.
  • Itera ASA: Norwegian-listed IT consultancy with Nordic and European footprint, providing digital services, consulting and software to enterprise customers. Comparable as another Nordic IT/services consolidator operating across multiple subsidiaries.
  • Netlight Consulting AB: Stockholm-headquartered management and technology consultancy serving large Nordic enterprises. Comparable in targeting the same ambitious Nordic corporation segment and providing integrated strategy-technology advisory.
  • Knowit AB: Swedish-Nordic digital and IT consultancy group serving enterprise clients with integrated technology, design and communications services. Directly comparable to Bording in combining agency-style consulting with technology delivery across the Nordics.

Broad incumbents

  • Publicis Groupe: Global advertising and marketing services holding company. Represents the broader marketing services competitive set against Bording's agency and output management offerings, though at vastly greater scale.
  • Accenture Song: Global marketing, creative and technology services arm of Accenture competing for the same enterprise CMO budgets. Represents the scaled-incumbent competitive ceiling Bording operates beneath.
  • Dentsu International: Global advertising, marketing and communications holding company with broad portfolio of agency brands. Comparable to Bording's agency segment (Cognito, Nordlid) at much larger scale and international reach.

Emerging players

  • Annex Cloud: Enterprise customer loyalty and retention platform provider. Comparable to Fiftytwo as a specialized loyalty technology competitor targeting enterprise customer engagement use cases.

Regional players

  • PostNord Strålfors: Nordic print and digital communications services provider within the PostNord group, serving enterprise customers across Scandinavia. Most direct comparable to Bording's Output Management business (Bording Danmark, Bording SE, Bording Link).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

F.E. Bording compliance and trust

Trust signal

Compliance1 record

F.E. Bording financial estimates

Financial estimate

Revenue estimate

Valuation estimate

F.E. Bording leadership team

Management profile

Number of profiles

Profiles7 records

F.E. Bording subsidiaries and ownership

Company hierarchy

Subsidiaries7 records

F.E. Bording funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

F.E. Bording M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about F.E. Bording

What does F.E. Bording do?

Bording Group is a Scandinavian marketing and technology community of 7 companies operating in three business areas: Agencies (intelligent customer dialogue via Bording Cognito and customer experience via Nordlid), Software (Fiftytwo loyalty/sales platform), and Output Management (Bording Danmark, Bording SE, and BordingLink digital print). The group combines marketing, technology, and consulting services to improve clients' commercial competitiveness.

Is F.E. Bording a public or private company?

F.E. Bording is a public company. It is classified as family owned and is currently operating.

When was F.E. Bording founded?

F.E. Bording was founded in 1792. It employs 251 to 500 people.

Where is F.E. Bording based?

F.E. Bording is headquartered in Glostrup, Denmark, in the Europe region.

How does F.E. Bording make money?

Three revenue lines are on record. Agency Services are the primary driver. The others are software Subscriptions and output Management.

Who are F.E. Bording's main competitors?

Direct peers on record are Siteimprove, Bouvet ASA, Itera ASA, Netlight Consulting AB and Knowit AB. Broad incumbents are Publicis Groupe, Accenture Song and Dentsu International. Annex Cloud is listed as an emerging player. PostNord Strålfors is listed as a regional player.

Does F.E. Bording have an API?

No public API is recorded for F.E. Bording.

What industry is F.E. Bording in?

F.E. Bording's product category is Marketing and Communications Services. Its primary akta.pro industry code is BPAFAFAH, Loyalty, Rewards & Retention Platforms, with a secondary code of BPAHACAG, Customer, Marketing & Sales Consulting. Its NAICS code is 541618 and its SIC code is 8742.

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Live signals
GlobeNewswireBording Group halvårsmeddelelse, 1. halvår 2020Bording Group reported a tax loss of 0.8 million DKK for the first half of 2020, down from 4.1 million DKK in 2019. Revenue fell 12.8% to 250.5 million DKK, with EBIT at -0.9 million DKK. The company expects full-year revenue of 470-500 million DKK and EBIT of -5 to -10 million DKK.GlobeNewswireBording Group sælger sine aktier i Umwelt A/SBording Group agreed to sell all of its shares in Umwelt A/S to the owners of Yellow A/S. The sale is expected to be completed on May 29, 2020, and will not affect Bording Group's 2020 financial outlook.GlobeNewswireResumé af ordinær generalforsamlingF.E. Bording A/S held its annual general meeting on April 23, 2020, approving the 2019 report and financial statements. No dividend was declared for 2019, and the board was authorized to buy back shares at market price plus or minus 20%. Directors were re-elected, with Raimo Issal as chairman.GlobeNewswireÆndret finanskalenderF.E. Bording A/S will no longer publish quarterly reports, focusing instead on semi-annual and annual reports. It will issue trading updates for Q1 and Q3 2020, with the general meeting on April 23 and the semi-annual report on August 25.GlobeNewswireÅrsregnskabsmeddelelse 2019F.E. Bording A/S reported 2019 revenue of 577.4 mDKK, down 11.1%, and a net loss of 26.8 mDKK. EBIT was -28.4 mDKK, with goodwill and intangible asset write-downs of 32.9 mDKK. The board proposed no dividend for 2019.GlobeNewswireFinanskalender 2020F.E. Bording A/S announced its 2019 financial report will be published immediately after the board meeting on March 26, 2020. The general meeting is set for April 23, 2020, with proposals due by March 12, 2020. Quarterly reports will be released on May 26, August 25, and November 24, 2020.GlobeNewswireDelårsrapport 1. kvartal 2019Bording Group reported Q1 2019 revenue and EBIT lower than expected, with revenue down 7.1% year-over-year. EBIT fell 2.6 million DKK to 2.7 million DKK, and net profit dropped to 1.1 million DKK from 4.4 million DKK. The company held its full-year revenue and EBIT guidance.GlobeNewswireResume af ordinær generalforsamlingF.E. Bording A/S held its ordinary general meeting on April 25, 2019, as previously announced. A summary of the meeting is attached to the press release.GlobeNewswireIndkaldelse og dagsorden til ekstraordinær generalforsamlingF.E. Bording A/S called an extraordinary general meeting on February 5, 2019, to amend bylaws for moving headquarters to Glostrup and switching to electronic communication. The meeting will also address voting procedures and shareholder rights.GlobeNewswireFinanskalender 2019F.E. Bording A/S announced its 2018 financial report will be published immediately after the board meeting on March 25, 2019. The general meeting is set for April 25, 2019, with proposals due by March 14, and quarterly reports will be released in May, August, and November 2019.