2022

The year 2022 started with a first quarter that was characterized by the pandemic, but after the first quarter activity increased and we have had steady growth.

In total for the year, we end up with a turnover in the region of NOK 110 million. We have positive results and healthy operations. We have had over 500 employees in work throughout the year, and recruited around 100 permanent employees for customers.

After two years of uncertainty and continuous adaptations related to covid19, 2022 has also been a year in which external factors have affected businesses and employees to a greater or lesser extent. The war in Ukraine, energy crisis with persistently high electricity prices, increased inflation and increased interest rates, is something that will also become part of everyday life into 2023.

Offshore
We recruit and staff within a wide range of industries and areas of expertise, but our biggest growth during the year has been within on-/offshore staffing. We have approximately 160 employees, who work in the industry that contributes to energy production for Europe, which is very critical in the energy crisis Europe is in. We have chosen to give a Christmas gift in support of Ukraine via President Zelenskyj's initiative United24.

Changes
Furthermore, the year has brought new guidelines from the authorities with, among other things, introduction of the Transparency Act, removal of the general access to temporary employment, as well as a decision to limit the possibilities for hiring from 1 July 2023. Our staffing business, where we hire out our own permanent employees to customers, will be very little affected by the latter change of law. Most of our customers have a collective agreement with a large trade union, and have the opportunity to hire labor by agreement with the union representative, even after the introduction of new rules.

Our plans for 2023 are to continue to develop ourselves further, and to be more visible both on digital surfaces, but also through networks. We find that many of our new employees have been recruited by those we already have at work - we see that as a great vote of confidence.

We take this opportunity to wish you and yours a very Merry Christmas and a Happy New Year!

Best regards from us at Veksthuset Personal AS

Sigmund Høye
CEO