Side 2
CONTENT Foreword. 3 Danske Fragtmænd in brief. 4 How we create value with our business model. 5 Danske Fragtmænd’s stakeholders. 6 Financial key figures. 8 ESG key figures. 9 MANAGEMENT COMMENTARY The past year. 11 More than 40 years of partnership with Danske Fragtmænd. 14 Main risks. 16 Introduction to ESG How we work with sustainability. 23 UN Global Goals. 23 Prerequisite for ESG data statements. 24 Environmental factors Status 2023. 25 Development in Danske Fragtmænd’s fleet. 26 Wild On Purpose (Vild med vilje). 27 Green company vehicle policy – from diesel to electric. 27 From cardboard waste to packaging filler and cardboard. 27 Collaborating with green startups. 28 Electric vans for Danske Fragtmænd Express. 28 Efficient freight transport. 29 Objectives ambitions for 2024. 30 Social factors Diversity and inclusion at Danske Fragtmænd. 31 New road safety campaign for children. 32 Goytome grows with help from Danske Fragtmænd. 33 We value a safe working environment. 34 Well-being and job satisfaction. 35 Employees are the most important part of our business.36 We have supported them. 37 DKK 1.7 million raised for the Danish Childhood Cancer Foundation. 38 Governance conditions The underrepresented gender. 39 Diversity initiatives in our workforce. 42 Ethics and integrity in Danske Fragtmænd’s business practices. 44 Our path to a responsible company. 44 Data ethics and personal data. 45 Ethical labour and professional freedom. 45 ESG KEY FIGURES Overall statement: The three scopes. 47 Climate footprint transport. 48 Climate footprint energy. 49 Climate footprint waste. 50 Social data. 51 CONSOLIDATED FINANCIAL STATEMENTS Company information. 53 Management statement. 54 Independent auditor’s report. 55 Consolidated income statement for 2023. 57 Consolidated balance sheet as at 31.12.2023. 58 Consolidated statement of changes in equity for 2023. 60 Consolidated cash flow statement for 2023. 61 Notes to the consolidated financial statements. 62 Parent company income statement for 2023. 68 Parent company balance sheet as at 31.12.2023. 69 Parent company statement of changes in equity for 2023. 70 Notes to the parent financial statements. 71 Accounting policies. 74 2 DANSKE FRAGTMÆND ANNUAL REPORT 2023
Side 3
A CHALLENGING YEAR FILLED WITH UNCERTAINTY AND CHANGE 2023 was a challenging year for Danske Fragtmænd. The With this report, we are taking important steps towards economic landscape has been characterised by uncertain- a more targeted and strategic approach to our company’s ty and change. A combination of high inflation rates, ris- overall performance and responsibility. We have identified ing interest rates and a widespread energy crisis has had key areas where we can make a difference and are deter- a noticeable effect on societal activity and consequently mined to continue our work to create positive change. on our business. In the coming year, we will focus on strengthening our In line with our commitment to accountability and trans- business through strategic initiatives including further parency, this year we have chosen to present a single digitalisation, continued focus on employee satisfaction report that combines our annual report with our ESG and development, and a renewed commitment to our report. The move reflects our commitment to an integrat- sustainability agenda. Our goal is to navigate the current ed and holistic approach to business management, where crisis with consideration while preparing for the chal- financial performance, environmental responsibility and lenges and opportunities of the future. social engagement are interconnected. We thank you, our customers, partners and employees, Despite the economic challenges, we remain committed for your continued support and trust. Together we will to our vision of running a business that cares for both work to achieve our goals and ensure a sustainable and the environment and society. We continue to set ambi- successful future for Danske Fragtmænd. tious goals and are dedicated to overcoming the barriers we face – especially within climate and sustainability. Yours sincerely, We are grateful for the effort and commitment our em- ployees have shown throughout the year. Their creativity and willingness to explore new paths is the cornerstone of our future success. Together, we look forward to building on our solid foundation and navigating through Bjarne Krogh Jensen these uncertain times. Chairman of the Board DANSKE FRAGTMÆND ANNUAL REPORT 2023 3
