A safe and sustainable world
Annual report 2022
MANAGEMENT’S REVIEW
Difficult conditions challenged growth plans
FORCE Technology entered the year 2022 with serious ambitions. It sought to achieve growth in the number of employees, investments, revenue, and profits. However, the coronavirus pandemic, strained supply chains, war in Europe, inflation, and the energy crisis made achieving our goals difficult.

Hanne Christensen
CEO

Jesper Haugaard
Chairman of the board

Per Michael Johansen
Vice chairman
ECONOMIC KEY FIGURES
Turnover
MDKK
OPERATING PROFIT
MDKK
EMPLOYEES
market areas
Off to a good start with the 2024 Strategy
In 2021, FORCE Technology launched a new strategy that sets a new direction and specific goals towards the year 2024. Six new market areas made their débuts. This section provides updates on how things are going in Power-to-X, life science, circular economics and resources, wind energy, and hybrid testing.

We take responsibility
As a GTS institute, FORCE Technology has a special role in society, and that role comes with special obligations and responsibilities. We aim to make the world safer and more sustainable. To that end, we are actively working to minimise our CO2 emissions, promote diversity, and refine technologies, making them available to businesses through participation in research and development projects.
Carbon footprint
FORCE Technology strives to make the world safer and more sustainable. For that reason, we prepare a climate statement every year, allowing us to use the right data to set ambitious targets for reducing our emissions.
Distribution of CO2 emissions in 2022:






Gender diversity
As part of our social sustainability work, we are actively engaged in promoting gender diversity. We have signed DI’s Gender Diversity Pledge, and in 2022, we set specific targets for gender diversity in our company.

Female employees in 2022:
24.1 %
Goal in 2024: 25 %

Female managers in 2022:
21.1 %
Goal in 2024: 22 %

Female board members* (excluding employee elected) in 2022:
40 %
Goal in 2024: 33 %
* The proportion of female board members incl. employee elected members is 50 %.
Research and development
As one of the large GTS institutes in Denmark, we are an important part of the Danish innovation system, and through participation in R&D projects we help mature new technologies and make them available to companies. In 2022, we had record R&D activity – and increased participation in national initiatives.
R&D projects
151
R&D revenue, MDKK
107

Knowledge partner in 12 of 13 clusters
Member of the board in 6 of 12 clusters
Member of 176 standardization committees

12 professional clubs
1,500+ individual members
530+ member companies

245 courses
20+ webinars
3,700+ participants