2022 was a good year for NorSea Denmark shows the just published annual report for 2022, which contains a profit of DKK 12.3 million against a loss of DKK 16.5 million the year before.
Denmark's largest base operator, which last year won the important so-called GMC contract with Total Energies together in a consortium with French Spie, had a growth of 50 percent broadly in the market in 2022, and with the addition of more than 200 new colleagues, there are now more than 400 employees in the energy and logistics company.
- We had more projects within the core areas of base port and logistics, and we saw significant growth within the energy segment. We can only be satisfied with that, says Jesper Høj-Hansen, CEO of NorSea Denmark in a press release:
- In the difficult years during and after the covid 19 pandemic, we made investments from which we are now reaping the benefits. We expanded capacity in several areas so that we were geared for growth - and this has paid off. We have got a better grip on the market for renewable energy; we have built a new business area within military logistics, and we entered into an important strategic collaboration with our French partner Spie, which led to us landing a significant contract for maintenance in the North Sea with the NorSpie consortium, he says.
Emission-free supply base in sight
Similar to previous years, 2022 was also a good year for NorSea's safety ambition. In order to maintain and develop a strong safety performance, the Health, Safety & Environment department has expanded:
- We have made many new colleagues in a short time. It is important to ensure good onboarding in our safety culture and values and show that at NorSea we are together to create a safe workplace, says Jesper Høj-Hansen.
NorSea also continued to invest in reducing CO2 emissions and creating more sustainable production. NorSea carried out a full mapping of the company's emissions and implemented new reporting systems to ensure that reductions in emissions can be documented.
- In addition to being a social responsibility, we are convinced that ambitious goals on the climate agenda and an innovative and innovative approach to achieving them are also competitive parameters, says Jesper Høj-Hansen, who is also pleased that the goal of being the world's first emission-free supply base by 2025 at the latest is still within reach:
- We have reduced 70 percent at present and expect to reach our goal over the next two years. We want to go ahead and be first, says the director.
More growth in wind
In 2023, NorSea expects more of the same: We will expand our so-called one-stop-shop offer to customers; grow organically in existing markets, and not least continue expansion and presence within wind and other renewable energy.
- We are on the right track, but there are still several areas to improve. Our profit margin must be raised, not least in light of the cost increases inherent in increased inflation. Sustainable business development is a prerequisite for us to continue investing in future-proofing NorSea as a relevant, competent and responsible business partner, says Jesper Høj-Hansen.
NorSea expects a 2023 result on par with 2022.