Operations and strategy

OPERATIONS

Nokas is a provider of security and cash handling package solutions in Norway, Sweden, Denmark and Finland.

We work together closely to provide our customers with customised solutions that allow them to utilise a complex range of services between our business-areas while continuing to perceive Nokas as an overall provider of peace of mind.

Nokas should be characterised by its talented employees and expertise at delivering what we have promised while meeting - or exceeding - the customer's expectations.


Nokas Norway

The business areas:

  • Guarding
  • Systems
  • OMC (alarm-monitoring
  • Aviation Security
  • AS Skan-kontroll

Nokas Sweden

The business areas:

  • Guarding
  • Systems
  • OMC (alarm-monitoring)
  • Aviation Security

Nokas Finland

The business areas:

  • Guarding
  • Systems
  • OMC (alarm-monitoring)
  • Aviation Security

Nokas Cash Handling

Nokas Cash Handling has operations in Norway, Sweden and Denmark, and provides secure transportation services and cash handling solutions. Nokas also operates cash machines on behalf of banks and retailers in Norway, Sweden, Denmark, Finland and the Netherlands. I Denmark our Systems-unit is a part of the Danish Cash Handling company.

The division's business areas:

  • Production
  • Logistics 
  • Cash Management Services (CMS)

 

STRATEGY

Growth

The largest shareholders in Nokas, which was established in 1987 are the Fritt Ord Foundation, Sanok AS, Nomad Holding AS, Inak 3 AS and PTW Holding AS. In recent years, the company has seen significant growth. The group has made strategic acquisitions of companies with low profitability and turned them into healthy operations. Nokas’ strong organisation creates growth through, among other things, increasing efficiency and focussing on costs. We have also achieved the lowest rate of employee turnover in the industry. This provides us with a solid financial base for our ambitions to expand into the European market through acquisitions and growth.

Innovation

Nokas is an active driver of innovation through its production of services. We have developed and launched a range of new services based on the needs of our customers and by following technological and societal changes.

Our autoCash product, which is suitable for banking and corporate customers, has generated a great deal of international interest. We secure the circulation of cash in cash machines and checkout systems in a way that removes shrinkage and saves our customers money.

Our alarm station in Tønsberg is the most modern in Europe, and is regularly visited by industry insiders from abroad who want to learn from us. Nokas is looking forward to establishing similar alarm stations in further locations throughout Scandinavia.