<br />
Annual Report 2007<br />
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Management’s review 2<br />
Focus on development, increased earnings<br />
on primary operations and growth are rewarded 3<br />
Key figures <br />
Management’s review<br />
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2<br />
Focus on development, increased<br />
earnings on primary operations and<br />
growth are rewarded<br />
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2007 was the year when FORCE Techno-<br />
logy increased their turnover and profit-<br />
ability markedly within all bu<br />
development, making the Group well<br />
equipped as regards knowledge, as well<br />
as financially.<br />
<br />
This year’s statement is that FORCE Tech-<br />
nology will continue to focus on growth<br />
and their core busines<a title="Annual Report 2007 page 1" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=1"> Annual Report 2007</a>
<a title="Annual Report 2007 page 2" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=2"> </a>
<a title="Annual Report 2007 page 3" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=3"> Management’s review </a> 2 Focus on development, increased earnings on primary operations and growth are rewarded 3 Key figures
<a title="Annual Report 2007 page 4" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=4"> Management’s review </a> 2
<a title="Annual Report 2007 page 5" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=5"> Focus on development, increased earnings on prima</a>ry operations and growth are rewarded 2007 was the year when FORCE Techno- logy increased their turnover and profit- ability markedly within all bu
<a title="Annual Report 2007 page 6" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=6"> development, making the Group well equipped a</a>s regards knowledge, as well as financially. This year’s statement is that FORCE Tech- nology will continue to focus on growth and their core busines
<a title="Annual Report 2007 page 7" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=7"> Key figures Turnover </a> Turnover / employee MDKK
<a title="Annual Report 2007 page 8" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=8"> FORCE Technology </a> 6
<a title="Annual Report 2007 page 9" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=9"> FORCE Technology in brief We wish to participa</a>te in the projects from the initial concept until delivery of the turnkey project. At completion we document that the customer will gain the expected
<a title="Annual Report 2007 page 10" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=10"> As a technological consulta</a>ncy and service company, FORCE 8 Technology holds long-standing experience at combin
<a title="Annual Report 2007 page 11" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=11"> FORCE Technology increase lifting capacities I</a>nnovation ambition and strong ties to major players as well as a great number of small businesses ensure valuable and uncomplicated new de- partures a
<a title="Annual Report 2007 page 12" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=12"> Highlights It was a high point when FORCE T</a>echnology’s engagement in space technology in 2007 took us into developing future aircraft engines, where fuel reduction and CO2 emission are in focus
<a title="Annual Report 2007 page 13" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=13"> The future’s environmentally friendly aircraft en</a>gine The unique combination of welding, sen- sor technology and NDT has included FORCE Technology in the distinguished company of European ai
<a title="Annual Report 2007 page 14" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=14"> FORCE Technology’s expert</a>s at accidents investigation have 12 developed a 4 day course, which places th
<a title="Annual Report 2007 page 15" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=15"> Floating offshore wind turbine with three towers </a> FORCE Technology Norway has devel- which will be approximately 100 m high, oped a groundbreaking concept for float- stands out further fr
<a title="Annual Report 2007 page 16" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=16"> Business areas At FORCE Technology we have </a>divided our organisation into ten business areas according to specialist knowledge and competences. Based on these ten business areas we bring togethe
<a title="Annual Report 2007 page 17" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=17"> Materials and Analysis Backed by Denmark’s most e</a>xtensive ma- terial technological competences offer to combine highly professional knowledge with impartiality and fast responses, e.g. in failure and
<a title="Annual Report 2007 page 18" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=18"> 16</a>
<a title="Annual Report 2007 page 19" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=19"> Inspection and Testing Offer a wide range of insp</a>ection testing and consultancy services. The main pur- pose of our services is to ensure quality and that the properties of structures and products c
<a title="Annual Report 2007 page 20" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=20"> CUSTOMER CASES They were large and they wer</a>e small, those far away and all of those in Denmark – the customers who we helped in 2007 to reach their commercial goals. Read here of FORCE Technolo
<a title="Annual Report 2007 page 21" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=21"> 19</a>
<a title="Annual Report 2007 page 22" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=22"> CASE TOTAL “It was easy to cooperate with F</a>ORCE Technology, who knows TOTAL’s ambitions. This is the first time an unmanned platform has been designed with such requirements for seaworthiness a
<a title="Annual Report 2007 page 23" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=23"> 21 Creativity is paramount “The project is r</a>ather unique, which made us look for a creative company to accom- plish our mission. We have previously cooperated with FORCE Technology, who has
<a title="Annual Report 2007 page 24" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=24"> CASE BANEDANMARK “A very exciting evening, </a>which was also a good lesson in cooperation and communication” John Dahl Nielsen, Banedanmark 22 Human factors improve safet
<a title="Annual Report 2007 page 25" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=25"> 23 factors and thus some new tools and metho</a>ds to work with. And I must say, my expectations were totally fulfilled! Prior to my course participation, in my studies I had mainly focused on t
<a title="Annual Report 2007 page 26" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=26"> CASE DyNAWIND “FORCE Technology is competen</a>t as regards inspection of weld seams and welding procedures, which ensures DynaWind that our products are satisfactory” Anders Sjögren and Mats Wall
<a title="Annual Report 2007 page 27" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=27"> 25 of hand-held ultrasonic scanners, but as </a>DynaWind wish to increase their produc- tion, at the moment we focus more on efficient methods that are able to keep up with an increased production r
<a title="Annual Report 2007 page 28" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=28"> CASE SHELL-STATOIL-TOTAL ”The service agree</a>ment we have with FORCE Technology, makes many of our daily tasks easier. It is very convenient to have one contact person who holds the total experti
<a title="Annual Report 2007 page 29" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=29"> 27 requirements. We also needed a total solu</a>tion for repair and maintenance of our equipment, which is why we decided to include FORCE Technology”, relates operations manager, Bent Mühring from
<a title="Annual Report 2007 page 30" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=30"> CASE FLINT & NEILL PARTNERSHIP “We have pre</a>viously worked together with FORCE Technology and we know that the company has a good professional reputation internationally. Since the economy was a
<a title="Annual Report 2007 page 31" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=31"> 29 bridge look impressive and contributing t</a>o letting the old industrial area try its pinions anew. The wind plays a part It is precisely the wind that has been a fac- tor, which both designers
<a title="Annual Report 2007 page 32" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=32"> CASE CONVI In Funen, where CONVI ApS is loc</a>ated, there is satisfaction with the idea being realised in cooperation with FORCE Technology. Visco Probe 1, is patented and is a sales success in Sc
<a title="Annual Report 2007 page 33" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=33"> 31 an end to the never-ending discussions be</a>tween mixers and users in the event that the supplied concrete did not live up to expectations. Implementation “Basically, it is about process manage
<a title="Annual Report 2007 page 34" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=34"> CASE STATENS MuSEuM FOR KuNST “For a long t</a>ime we had looked for a company that could take on this huge and delicate task, and international players in the art business recommended FORCE Techno
<a title="Annual Report 2007 page 35" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=35"> 33 challenge, as restoration manager from SM</a>K Jørgen Wadum relates: “First and foremost we had to have eight strong removers taking the painting off the wall, dismounting the gigantic frame and
<a title="Annual Report 2007 page 36" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=36"> CASE KORSøR SVøMMEHAL “A few years ago we h</a>ad to realise that our heating and ventilation system was totally worn out. We contacted FORCE Technology. Now we can plan regular maintenance instead
<a title="Annual Report 2007 page 37" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=37"> 35 saved, if a structured plan is establishe</a>d for a future restoration. Modern technology In Korsør Svømmehal (Korsør public swimming pool) they nod assenting to such experience and pool in
<a title="Annual Report 2007 page 38" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=38"> CASE SIEMENS WIND POWER “For a few years we</a> have looked for a system that could handle management, implementation of corrected actions and documentation of deviations. Together with FORCE Techn
<a title="Annual Report 2007 page 39" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=39"> 37 Ready information Faults, defects and cla</a>ims are not only huge irritations. They are also very expen- sive and tie down a lot of the company resources. Unfortunately, many faults and defec
<a title="Annual Report 2007 page 40" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=40"> 38 Number of employ</a>ees at the beginning of 2008: Academic staff: 310 Other technical staff: 620 Administration: 164 Total: 1094
<a title="Annual Report 2007 page 41" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=41"> Board of directors and management Board of dir</a>ectors Erik Søndergaard Chairman of the Board Director Mogens Arndt Vice Chairman Director Preben Terndrup Pedersen Professor, Ph.D. Department of
<a title="Annual Report 2007 page 42" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=42"> Extracts of Annual Report 2007 </a> 40
<a title="Annual Report 2007 page 43" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=43"> Profit and loss account 1 January – 31 December 2</a>007 Consolidated Company Parent Company 2007 2006
<a title="Annual Report 2007 page 44" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=44"> Balance as at 31 December 2007 Assets Consoli</a>dated Company Parent Company Assets 2007
<a title="Annual Report 2007 page 45" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=45"> Liabilities Consolidated Company </a> Parent Company Liabilities 2007 2006
<a title="Annual Report 2007 page 46" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=46"> Addresses FORCE Technology DENMARK FORCE Tech</a>nology Headquarters Park Allé 345 2605 Brøndby Tel +45 43 26 70 00 Fax +45 43 26 70 11 info@forcetechnology.com Esbjerg østre Gjesingvej 7 6715 Esbje
<a title="Annual Report 2007 page 47" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=47"> FORCE Technology's annual report 2007 has been pr</a>inted in Danish and English language at a total number of 5,000. Editor: Jakob Thomsen Design & DTP: Zornig Print: TEAM RAPO
<a title="Annual Report 2007 page 48" href="http://www.zmag.dk/showmag.php?mid=ddrfh&pageid=48"> FORCE Technology Norway AS </a> Claude Monets allé 5 1338 Sandvika Norway
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