Annual report: Satisfactory results and good liquidity kick-start growth plan
FORCE Technology focused on restructuring and growth in 2021. After years of fluctuating results and divestments the first steps towards a more growth- and development-oriented company were taken.
Despite the challenges of the corona pandemic, we achieved a satisfactory result of DKK 14 million and a turnover of DKK 1,019 million in 2021. Measured on turnover per. employee and gross margin, we became more efficient, our liquidity contingency reached DKK 200 million, and our subsidiaries also did well in 2021.
We also launched a new strategy with a clear direction and goals to be achieved by 2024. 2021 was also the year in which we set concrete goals for limiting our CO2 emissions and for gender diversity in our company.
You can read more about our financial results, our new strategy and our work to take social responsibility here.