Bms Heavy Cranes A/S (Koncern)

Management’s reviewFinancial Highlights for the Group20212020201920182017DKK millionsDKK millionsDKK millionsDKK millionsDKK millionsKey figures

Development in the financial yearThe income statement of the Group for 2021 shows a profit of DKK 101.282 thousand, and at 31 December 2021 the balance sheet of the Group shows equity of DKK 318.647 thousand.The past year and follow-up on development expectations from last year The result for the year is lower than last years result, as FY20 was affected by extraordinary activities infavour of the group.In the annual report for 2020, the management expected to generate a profit at a lower level in 2021. The lower result for FY21 is therefore in line with the Managements expectations from previous year.Intellectual capitalIt is important for the Group's continued growth and development to be able to attract and retain highly-educated and experienced employees, including fieldwork and administrative employees specialized in crane service industry.COVID-19As a consequence of the COVID-19 pandamic, the Group has put much effort in protecting our employees by introducing guidelines of behavoir and provided employees with equipment and items for personnel protection. Covid-19 pandamic is not considered any significant impact to the group’s operations.Data ethicsThe group is aware that with the increased digitization comes greater responsibility. The responsibility in the data use follows the general personal data rules that the group is subject to. The group does not have a policy on data ethics, as the Group does not use algorithms for data analysis.