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⟦5a8cf3791⟧ Wang Wps File
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I̲V̲ ̲ ̲C̲H̲R̲I̲S̲T̲I̲A̲N̲ ̲R̲O̲V̲S̲I̲N̲G̲ ̲A̲/̲S̲
C̲H̲R̲I̲S̲T̲I̲A̲N̲ ̲R̲O̲V̲S̲I̲N̲G̲ ̲A̲/̲S̲
1. I̲n̲t̲r̲o̲d̲u̲c̲t̲i̲o̲n̲
Christian Rovsing is Denmark's fastest growing high-technology
computer and aerospace-electronics company. Founded
18 years ago, Christian Rovsing and its subsidiaries
currently employ over 600 people, many of whom are
highly educated engineers and skilled technicians.
In recent years, the company's growth rate has approached
30% annually, due in large measure to its advanced,
high-technology CR80 Computer product line and the
excellence of its systems-orientated technical staff.
Today, Christian Rovsing stands as one of Europe's
leading computer systems houses, capable of taking
responsibilty of all aspects of hardware/software projects
from concept through implementation to final acceptance.
Facilities are located in suburban Copenhagen at three
locations - Ballerup, Herlev, and Valby. The administration
and general management are located at the Ballerup
facility.
Christian Rovsing's corporate facilities and divisional
organization have been specifically structured to handle
development and implementation of specialized military
and commercial computer systems. There are three engineering
divisions - electronics, systems, and data processing
- and inter-divisional cooperation is stressed to ensure
available project expertise.
In the four figures to follow are shown:
o Engineering Facilities at Ballerup (fig. 1)
o Computer Production Facilities (fig. 2)
o Company Organization (fig. 3)
o Company Crowth Profile (fig. 4)
Fig. I-2
Fig. I-3
Fig. I-4
2. C̲R̲O̲P̲O̲R̲A̲T̲E̲ ̲H̲I̲S̲T̲O̲R̲Y̲
CHRISTIAN ROVSING A/S was founded in 1963. At first
the company worked mainly in a consulting and advisory
capacity within the EDP field. Activitaies developed
rapidly, and the business gradually changed character
from consultant to supplier of systems.
Around 1971, a deliberate commitment was made by the
company to apply its resources to the European space
program. It has since participated in most major programs,
and successful participation in these programs has
broadened the company's capabilities. The high degree
of performance which these programs demand has been
met by applying up-to-date technology, specialized
hardware and software engineering expertize, and modern
management methods.
For the design and production of switching power supplies
to the European Space Program, we have developed an
advanced technology and sophisticated design philosophy
which can be applied to the solution of complex power
supply problems. Several patents are held by the company
relating to power supply circuit design.
Based on experience gained from engagement in the European
space program the company decided to enter the demanding
military market. An important contract with Delco
Electronics Inc. to co-produce their Fire Control Computer
as part of the 4-nation European F-16 Program was won.
The Fire Control Computer is the only "end-item" co-produced
in Denmark and is delivered directly to the F-16 assembly
lines in Europe or the U.S.A.
In the mid-seventies the company decided to enter the
data communications market. It has since participated
in critical computer communications-oriented programs
for both commercial and defense customers, with such
projects as CAMPS(NATO), FIKS (Danish DOD), and LME-Network
(commercial).
Christian Rovsing believes that it has developed exceptional,
professional talent dedicated to advanced data communication.
Furthermore, the company excels in applying current
technology to modular equipment design and has no outdated
product lines to support.
In short, Christian Rovsing has acquired extensive
experience in the design, development, and manufacture
of computer and aerospace electronics.
3. C̲o̲m̲p̲a̲n̲y̲ ̲O̲r̲g̲a̲n̲i̲z̲a̲t̲i̲o̲n̲
Christian Rovsing is wholly owned by Danish nationals
and conducts its business without the aid of public
funds and is independent of foreign capital. For further
information, the company annual report is available.
Management of the Company is in the hands of Messrs.
Christian F. Rovsing, Claus Jepsen and Lars Stig Nielsen.
Mr. Rovsing is the President and the founder of the
company. He is a member of many government and industrial
committees as well as professional societies related
to research and data processing.
Today, there are three major divisions within the company
(see figure 5)
o Data Processing Division
o Electronics Division
o Systems Division
and three wholly owned subsidiaries:
o Christian Rovsing Corporation (Los Angeles, California)
supports the mother company in major contracts
with North American customers and has its own software
development center.
o Christian Rovsing International located in Copenhagen
delivers computer systems for communication networks
and process control and contracts staff to large
international customers.
o CR Card System located in Copenhagen delivers electronic
systems for the automation of gasoline (petrol)
stations.
The Data Processing Division is located in a 5,000
sq. meter leased facility in Herlev, near Copenhagen.
The Electronics and Systems Divisions are based in
a newly constructed 12,000 sq. meter facility in Ballerup,
also near Copenhagen.
The Administration and General Management are located
in the Ballerup facility.
The Ballerup location houses development laboratories,
the main production and test department, a model shop
and special "clean room" facilities for the production
of space-qualified hardware.
A separate, dedicated facility has also been established
for the co-production of the airborne FCC computer
for the European F-16 program. It is located about
10 Km from the main Ballerup facility.
Military data communication systems are the responsibility
of the Systems Division, which is described in the
next section.
Fig. IV.3-1
3.1 T̲h̲e̲ ̲S̲y̲s̲t̲e̲m̲s̲ ̲D̲i̲v̲i̲s̲i̲o̲n̲
The Systems Division was structured late in 1979, and
systems-related activities were consolidated to improve
the handling of large, integrated hardware/software
data communications programs. The division is organised
on a project basis including CAMPS and FIKS, two major
military communication projects. Each major project
is under the cognizance of a Project Office with total
system responsibility and control authority to co-ordinate
in-house activities, and to provide close liaison with
the customer throughout the duration of the Project.
Projects are supported by the Integrated Logstics Department.
Its services include site surveys, installation, training,
documentation, maintenance, spares and other support.
Advanced system development projects are assigned to
the Computer Systems Engineering Group. Current projects
include satellite image-data handling systems and miscellaneous
consulting services.
The Systems Division is also responsible for contract
performance in conjunction with Danish Industrial Group
One on the production and delivery of some 400 military-qualified
computers for the F-16 project. A complete computer
is produced each workday.
Quality Assurance reports directly to top-level management.
Emphasis is placed on the quality of the hardware and
of the software, both of which affect system performance.
The organization of the Systems Division is shown in
figure 6.
Figure IV.3-2
4. P̲E̲R̲S̲O̲N̲N̲E̲L̲ ̲A̲N̲D̲ ̲F̲A̲C̲I̲L̲I̲T̲I̲E̲S̲
An employee profile and a description of company facilities
are given in the sections to follow.
4.1 E̲m̲p̲l̲o̲y̲e̲e̲ ̲P̲r̲o̲f̲i̲l̲e̲
The company and its subsidiaries employ over 600 persons.
Approximate staffing levels are as follows:
o Engineering and/or Scientific Professionals
240
o Technicians
130
o Assembly/Production Workers
70
o Q.A. & Inspection
15
o Administrative and clerical
160
4.2 F̲a̲c̲i̲l̲i̲t̲i̲e̲s̲
The company has 2 major facilities:
o A 5500 sq. meter (59,000 sq.ft.) leased facility
in Herlev, near Copenhagen.
o A 12000 sq. meter (128,500 sq.ft.) wholly owned
facility in Ballerup near Copenhagen.
A separate, dedicated facility (1,000 sq. m./10,700
sq.ft.) has been established for the co-production
of the F-16 FCC (computer). This facility is located
in Valby, which is about 10 Km from Ballerup.
Approximate break-down of floor area by function in
the 2 major facilities is as follows:
C̲a̲t̲e̲g̲o̲r̲y̲ S̲q̲.̲ ̲M̲e̲t̲e̲r̲s̲ S̲q̲.̲
̲F̲t̲.̲
o General Manufacturing 2,500 26,900
o "Space Qualified"
clean room 200 2,200
o Test & Integration areas 2,500 26,900
o Laboratories 3,000 32,000
o Other 9,300 99,500
5. F̲I̲N̲A̲N̲C̲I̲A̲L̲ ̲S̲T̲A̲T̲U̲S̲
In the sections to follow, the financial status of
CHRISTIAN ROVSING is highlighted. The figures for
1981, just released, show an increase of approximately
50% in turnover and 100% in net profit when compared
to the results for 1980.
5.1 E̲x̲c̲e̲r̲p̲t̲ ̲f̲r̲o̲m̲ ̲t̲h̲e̲ ̲1̲9̲8̲0̲ ̲C̲h̲r̲i̲s̲t̲i̲a̲n̲ ̲R̲o̲v̲s̲i̲n̲g̲ ̲A̲n̲n̲u̲a̲l̲ ̲R̲e̲p̲o̲r̲t̲
There was continued expansion in 1980 with sales increasing
from 106.4 million D.Kr. in 1979 to 144.8 million Dkr.,
a rise of 36 percent. Thus, 1980 was the seventh year
in succession to show a rise in sales of more than
20 percent. Exports at 60.4 million D.kr. accounted
for more than 40 per-cent of sales. The consolidated
net profit was 5.9 million D.kr.
5.2 S̲t̲a̲t̲e̲m̲e̲n̲t̲ ̲o̲f̲ ̲I̲n̲c̲o̲m̲e̲ ̲(̲1̲0̲0̲0̲ ̲D̲k̲r̲.̲)̲
1980
1979
Export sales 60,375 42,472
Home market sales 84,465 63,925
Total Turnover 144,840 106,397
Expenditure:
Materials, wages, etc. 140,294 96,074
Depreciation 4,531
4,052
Interest (Income) (3,720)
131
Operational result 3,735
6,140
Result, subsidiary
companies 2,192
162
Net result 5,927
6,302
5.4 B̲a̲l̲a̲n̲c̲e̲ ̲S̲h̲e̲e̲t̲ ̲(̲1̲0̲0̲0̲ ̲D̲k̲r̲.̲)̲
1980
1979
A̲s̲s̲e̲t̲s̲:̲
Available assets 149
97
Accounts receivable 66,193 24,656
Work in progress,
Inventory 13,888
8,743
Fixed assets 30,575 14,513
Total assets 110,805 48,009
L̲i̲a̲b̲i̲l̲i̲t̲i̲e̲s̲:̲
Payables & prepayments 64,246
14,741
Taxes payable 3,560
1,801
Bank Loans, etc. 25,577 19,972
Total liabilities 93,383 36,514
Own capital: 17,422 11,495
Specified as follows:
Share capital 2,000
2,000
Statutory reserve funds 500
500
Extra reserves 200
200
Reserve funds 14,722
8,795
5.5 K̲e̲y̲ ̲F̲i̲g̲u̲r̲e̲s̲ ̲f̲o̲r̲ ̲t̲h̲e̲ ̲P̲a̲s̲t̲ ̲F̲i̲v̲e̲ ̲Y̲e̲a̲r̲s̲ ̲(̲1̲0̲0̲0̲.̲ ̲D̲.̲k̲r̲.̲)̲
1977 1978 1979 1980 1981
Turnover 66,210 86,010 106,397 144,840 225,000
Operational
result 1,871 2,120 6,302 5,927 12,379
Number of
employees
(average) 226 285 334 431 525
Total assets 24,144 36,073 53,824 110,805 144,672
Own capital 3,187 5,193 11,495 17,422 15,847
*
* This level reflects to payments out of profits in
1981 for vacation supplements and taxes, carried over
from the previous year.
