Jysk owner loses money on side operations

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Jysk is doing well, but owner Lars Larsen’s other investments have a tough time.

Only one of them provides the Danish bed-king with a profit.

Børsen has made a review of Lars Larsen Investments’ interest in nine companies. Their operations span from golfcars to sushi. Totally, they reports a loss of 57.3 million DKK before tax.

Eovendo stands for almost half of it, 25.9 million. It’s a company that pays its customers to sign up for newsletters and view commercials. Still, it’s an improvement from previous year.