Ski superstar Marcel Hirscher has to accept a good financial setback. His company has a high loss last year.
Away from the ski slope, winter sports superstar Marcel Hirscher had to accept an immense financial setback.
As can be seen from the current annual financial statements, according to the Austrian magazine, the Austrian and his company Van Deer – Red Bull Sports Equipment GmbH recorded a loss of 17.9 million euros last year.
Marcel Hirscher’s company has high losses
Malfunger increases by more than twelve million euros
In 2023, the loss of balance sheet was “only” 5.7 million euros. This increased the amount to more than twelve million euros in a period of one year.
Hirscher with his TMS participation GmbH holds 45 percent of the shares in the skiing and ski equipment manufacturer. The majority, 51 percent, are in the hands of Red Bull. The company was founded in 2020.
However, the losses fall into a phase of the young company, in which it makes large investments. At the end of September, the production of the brands van Deer and Augment from Oberpinzgau moved to the newly built factory building in Scheffau in the Lammertal, where production is expected to be started in October. Up to 30,000 pairs of ski per year should be produced there.
Ski superstar Marcel Hirscher has to Accept a Considerable Financial Setback. His company Recorded a High Loss Last Year.
Away from the Ski Slopes, Winter Sports Superstar Marcel Hirscher has Had to Accept on Immense Financial Setback.
Accord to the Austrian Magazine Trend , The Austrian’s Company Van Deer – Red Bull Sports Equipment GmbH Recorded a Loss of 17.9 Million Euros Last Year.
Marcel Hirscher’s Company Records High Losses
Deficit Increases by more than twelve million euros
In 2023, the accumulated, “only” 5.7 million euros. This increate the amounting to more than twelve million euros in Losses in a period of one year.
Hirscher Holds 45 Percent of the Shares in the Ski and Ski Equipment Manufacturer With His TMS Betivige GmbH. The Majority, 51 Percent, is hero by red Bull. The Company was founded in 2020.
However, The Losses Fall Into a Phase of the Young Company in which it is making Large Investments. At the end of September, the production of the van deer and augment brands moved from Oberpinzgau to the newly built factory Building in Scheffau in Lammertal, Where Production is Expected to Begin in October. Up to 30,000 Pairs of Skis Per Year are to be produced there.