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1. KMD – IT with insight KMD has more than 3,200 employees and annual revenue of over DKK 3.8 billion. KMD develops and delivers IT solutions to the local government, central government, regional and private markets....
2. Results 2009 The Group's profit after tax for 2009 was DKK 109 million against DKK 144 million in 2008. Revenue in 2009 developed as expected, while the Group's expenses were impacted by one-off items totalli...
3. Financial highlights
4. Cost control The Group’s expenses rose by 12.7% to DKK 3,569 million in 2009....
5. KMD in the local government market The local government market is KMD’s key market. In 2009 KMD generated approx. 70% of its revenue in this market....
6. KMD in the private market KMD’s position in the private market was strengthened by a DKK 48 million increase in revenue in 2009, a position KMD considers satisfactory....
7. Corporate Governance KMD's Board of Directors and Executive Board are responsible for ensuring that the Group’s management structure and control systems are appropriate and function satisfactorily....
8. Special risks Like all other IT companies, KMD is exposed to a number of business risks in relation to development of the market, customer demand, technological change, employee recruitment, project management, etc...
9. Corporate Social Responsibility KMD has worked on corporate social responsibility for several years. As a large Danish company, it is both necessary and natural for KMD to demonstrate social responsibility....
10. Travel activity must be reduced KMD’s CO2 emissions will be cut by reducing travel by 10% by the end of 2010....
11. KMD and social responsibility AS A LARGE, KNOWLEDGE-INTENSIVE COMPANY, IT IS PARTICULARLY IMPORTANT FOR KMD TO ENSURE A GOOD, ATTRACTIVE WORKING ENVIRONMENT FOR OUR EMPLOYEES. CONSEQUENTLY, FOR KMD SOCIAL RESPONSIBILITY MEANS IN P...
12. Parental leave At KMD we take work/life balance seriously....
13. Staff development policy In 2009 KMD spent over DKK 37.8 million on further training for its employees....
14. Equal pay at KMD At KMD we take equal pay seriously. In connection with the new Equal Pay Act, we therefore decided not just to record statutory, highly general statistics on equal pay, but rather to draw up a more sp...
15. Health The IT industry is often characterised as involving extremely sedentary work in front of a computer monitor, which is why KMD sees a need to focus on the value of exercise and health....
16. KMD’s special collaborations KMD has a partnership with The Specialists, a firm which employs people with autism....
17. The Group’s strategy in the period to 2013 KMD’s new owners and the management of KMD have jointly set the course for an efficient and more competitive KMD....
18. KMD’s employees Its employees are KMD’s most important resource, laying the foundation for the success of KMD's growth strategy, and this is why KMD goes to great lengths to recruit and retain employees with the righ...
19. Subsidiaries and associate e-Boks A/S KMD was originally behind the development and establishment of the company e-Boks. KMD sold its shares in the company on 2 March 2009. e-Boks has developed into a success, primarily opera...
20. KMD International KMD International is KMD’s subsidiary for certain international activities. There has not been any material activity in the Company in 2009. KMD International's results for 2009 are solely based ...
21. Contingent liabilities and guarantees Total rental obligations and operating lease commitments not recognised in the balance sheet are stated under contingent liabilities. Counter-guarantees for bank guarantees relating to individual...
