Alfa Mobility Denmark A/S

Development in activities and financial matters
2023 was a year marked by significant changes and challenges, reflecting our commitment to adapt and thrive in a dynamic business environment. In April 2023, I was welcomed as the new Managing Director to Alfa Mobility Denmark. The change in leadership has been a positive catalyst for the organisation, driving strategic initiatives and fostering a culture of openness and collaboration. To enhance our operational efficiency and responsiveness to market demands, we undertook a restructuring of our business units by merging Immigration and Relocation into Business Area Mobility. This initiative has streamlined our operations, improved cross-functional collaboration, and positioned us for sustained growth in the years ahead. The renewal of our key contract with Ministry of Foreign Affairs for the third consecutive term secured volumes in Business Area Move for another four years. This contract continues to be a cornerstone of our business, contributing significantly to our overall financial stability. It is essential to acknowledge the challenges we faced in managing our staff costs during the year. High staff costs were incurred due to increased parental leaves, sick leaves, and the strategic decision to upstaff for anticipated new projects. Unfortunately, the expected new projects did not materialise as anticipated, leading to an imbalance in our cost structure. Our staff satisfaction index is strong at index 78(100), reflecting our commitment to creating a positive and engaging workplace environment. We recognise the importance of our talented and dedicated team, and we are actively working to align our staffing strategies with business needs to ensure optimal resource utilisation in the future. The resilience of our team, coupled with strategic initiatives and a renewed focus on operational efficiency, positions us well for the opportunities and challenges that lie ahead. The company's income statement for the year ended 31 December 2023 shows a profit of DKK 3.166.008, and the balance sheet at 31 December 2023 shows equity of DKK 19.873.187.