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Maersk smashes Danish profit record 

Christian Wenande
February 8th, 2023


This article is more than 1 year old.

2022 ended up being a historic year for the Danish shipping giant, which saw a surplus of 203 billion kroner 

The sun set on a fantastic year for Maersk (photo: Maersk)

With conflict, inflation and steep energy prices permeating every fabric of 2022, the year probably won’t go down as one of the best in history.

But that may not be the case for Danish shipping giant Maersk, which enjoyed a record-breaking financial result.

Maersk showed profits totalling 203 billion kroner in 2022 – the biggest profit a Danish company has ever posted. In doing so, the company beat its own 117.5 billion kroner record from 2021.

“2022 was remarkable in more than one way. While we report the best financial result in the history of the company, we have also taken the partnerships with our customers to a new level by supporting their supply chains end to end during highly disruptive times,” said Maersk CEO, Vincent Clerc.

“Our commitment to provide visibility and truly integrated logistics solutions continue to resonate strongly with our customers for whom it is a strategic imperative to make their supply chains more resilient and sustainable.”

READ ALSO: Maersk to be headed by non-Dane for first time in history

Less optimistic for 2023
Among the reasons for the success are an increased demand in the wake of the Corona Crisis and supply chaos on congested global shipping lanes.

Maersk is looking to savor the flavour, because it doesn’t expect 2023 to continue in the same steep upward trajectory.

With experts predicting an economic downturn on the horizon, Clerc said the firm faced “a year with challenging macro-outlook and new types of uncertainties for our customers”.

To this end, Maersk expects to land somewhere on par with 2020, when it generated profit of around 20 billion kroner.

Clerc only recently became the first foreign CEO of Maersk, taking over from retiring Søren Skou in December.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”