Kyndryl Danmark Aps

The overall revenue for Kyndryl Danmark for the period Jan-March 2023 is DKK 416,989 thousand. Total staff cost was in line with the expectation, supported by a small reduction of the total number of employees compared to Dec’22. The profit before tax is actual loss of DKK 23,265 thousand against a profit before tax of DKK 7,604 thousand for the full 12 months in the prior year. The loss deviates from the outlook set in our latest financial statement as the outlook was performed on 12 month period whilst this financial statement is only covering af three month period. Furthermore the loss was driven by planned workforce restructuring to the expense DKK 12,509 thousand and by timing adjustments of revenue or expenditures in the reporting period.

The balance sheet on 31 March 2023 shows an equity of DDK 750,875 thousand.

The result after tax is showing a loss of DKK 18,554 thousand.
Non-financial risks
Kyndryl Danmark is not exposed to any risk beyond the normal business risk within the industry.
Anti-corruption and bribery
Every year, all Kyndryl employees will undergo a mandatory “The Kyndryl Code of conduct” training and certification to ensure that everyone complies with the company’s anti-corruption and bribery policies. Under the auspices of Kyndryl, employees have certified during the first quarter of 2023.
Recognition
The Board of Directors recognizes the great efforts of Kyndryl Danmark's employees. It has been a period marked by the ongoing war in Ukraine together with worldwide economic resources inflation. We also thank our customers for the trust they have placed in Kyndryl Danmark. We look forward to continuing our good cooperation in the years to follow.