KPMG continues double-digit growth

For the eight consecutive year, KPMG in Denmark has delivered strong double-digit growth of 10% across Audit, Advisory and Tax. We thus increased our overall revenues from 1,010 million DKK in 2020 to 1,112 million DKK in 2021. The growth was present across all business areas with Audit accounting for 10%, Advisory 5% and Tax 18%, and with that we are very proud that KPMG is still among the professional services companies in Denmark with the highest growth rates.

We continue our commitment to diversity and inclusion and have increased our focus on addressing and avoiding bias in recruitment through internal workshops and more inclusive job advertisements. Gender diversity is more important to us than ever, and we are proud to say that 1,414 of the 3,754 job applications we received in FY21 came from women.

Overall, 37% of our employees are female, and we continue to focus on gender equality and inclusion by setting new goals in order to secure a more equal gender balance in KPMG. We aim to have at least 40% women in our Board of Directors by the end of FY26, and for other management level, we aim at having at least 35% women, by FY30. We have taken specific action to further support the percentage of women across the Company and at all levels, and we have done so in four areas: recruitment, development, promotion and retention.

In FY22, we are investing in the further development of our ESG & Sustainability team, which will be led by partner Michael Birkebæk Jensen. The team will have cutting-edge and innovative understanding of the role that data, automation and new technologies play in the green transition. No matter which role our people have in the organisation, our ambition is to work with data-driven, fact-based insights and give recommendations that will leave a positive societal impact. One example is our involvement in the North Sea Wind Power Hub, a cross-European project that will essentially build up a grid of energy islands, like the ones Denmark is planning to build in the North Sea. 

On the societal aspect, we are among other things sponsors for Copenhagen Pride, and we continue to be highly engaged in Mind Your Own Business, Velkommen Hjem, Team Rynkeby and Nordic Women in Tech. All are engagements that have lasted for several years. When it comes to governance, we have done important oversight work for Danske Bank as well as work for Erhvervsstyrelsen controlling COVID-19 relief payments. Combined with our year-long experience with tax consulting, financial reporting processes and expert knowledge of ESG and sustainability frameworks, we thus have great credentials to grow from.