Horten has published the financial statements for 2022.
The financial year 2022 ended with a turnover of DKK 436 mill. against DKK 447 mill. in the financial year 2021. The result is lower than expected and is primarily due to the geopolitical development which has caused a slowdown in the economy.
“It has been a completely different context in which to do business. The uncertainty and the negative expectations have thus also left an imprint on the legal industry where we have not experienced the same demand as in the preceding years. In Horten’s strategic areas of priority, 2022 has seen progress, particularly in the energy and supply sector, the tech sector and within private equity. Nevertheless, 2022 has been a year characterised by uncertainty and changes in the world around us. In the light of this, we are satisfied to be able to maintain a turnover at almost the same level during these years characterised by change and investment in new teams”, says managing partner Christian Gregersen.
In 2022, three equity partners have left the company while Horten has invested in a number of younger employees. We present some of them in interviews in the annual report.
In the annual report, you can read an article about how investments in renewable energy projects have been steadily increasing in recent years. We zoom in on two of our interesting cases: the reconstruction of Social Foodies and the work on the Baltic Pipe link; one of the largest energy infrastructure projects in recent years.
You will also find an article about how Danish companies have become better at ensuring cybersecurity compliance, while at the same time facing new and more stringent requirements from all sides. You can also read about Horten’s initiatives to ensure diversity and to reduce our climate footprint.
Enjoy your reading.