2018 was yet another strong year for KPMG in Denmark with a total revenue growth of 21.2% across Audit, Advisory and Tax. KPMG maintains its leading position as the fastest growing professional services ﬁrm in Denmark among the Big Four based on organic growth.
Overall revenue increased from DKK 575 million in 2016/17 to DKK 697 million in 2017/18. KPMG experienced growth across all business areas with Audit accounting for 6.2%, Advisory 28.3% and Tax 25.3%. The solid results reflect the high-quality work delivered by more than 600 passionate and highly skilled specialists within Audit, Advisory and Tax. With an average age of 34, most employees are digital natives, and as a truly international organisation, the workforce consists of over 26 nationalities.
New CEO and senior partner in KPMG
"I am very proud to join KPMG and become part of this diverse and innovative professional services firm with such broad capabilities within audit, advisory and tax. The solid financial performance reflects the great work our employees are doing in close collaboration with our clients, and I will build on this foundation to continue our success in the coming years," says Henrik R. Mulvad, new CEO and Senior Partner of KPMG P/S.
From Best Practice to NewPractice
In FY18, KPMG experienced a strong demand for the NewPractice services from a wide range of clients and industries such as Egmont, Nykredit, TDC as well as major international clients within the pharmaceutical, energy and ﬁnancial services sectors. The NewPractice approach is combined with KPMG's ability to work efﬁciently across regions with other KPMG member ﬁrms. For example, KPMG successfully provided advisory services in connection with the roll-out, implementation and delivery of a global solution for the Rockwool Group in FY18, empowering customer excellence and digitalising the full agenda of Customer Relationship Management. KPMG also helped industry-leading hearing aid company Widex design new efﬁcient data management processes across its global organisation.
Signiﬁcant wins across Denmark
In parallel, KPMG assisted the many growth companies across Denmark, which constitute the backbone of the Danish economy, from regional ofﬁces in Copenhagen, Aarhus, Kolding and Aalborg. KPMG had a solid mid-market footprint and grew its base of national mid-market clients by approximately 25% over the past year. KPMG's main focus in the mid-market is on innovative start-up companies, fast-growing companies and family-owned businesses.
Increased promotions of women
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