Danish employment website Jobindex announced that the job market on their platform is now above pre-crisis levels. Weeks 9, 10, and 11 in 2021 have been respectively the 3rd, 5th, and 7th busiest weeks in Jobindex’s 25-year history.
The company finished 2020 with a total net turnover of DKK 280 million ($45 million) and an operating profit before interest and tax of DKK 74 million ($12 million). The company describes these results as “very satisfactory” in view of the Coronavirus pandemic.
Because of the pandemic, no dividends were paid in 2020. In 2021, the Board of Directors proposes to pay a dividend of DKK 140 ($22) per share corresponding to DKK 126 million ($20 million).
The company was in a serious downfall last year because of the coronavirus crisis which made Jobindex lose half of its turnover. The job market looked like when the financial crisis was at its worst.
But then, when people started getting vaccines in November, “an end to the pandemic caused the job market to grow,” wrote the company. The last two months made 2020 a successful year for Jobindex, and the growth trend continued in 2021.
Now, Jobindex hired additional 34 employees to keep track of the increased workload and to be ready for a possible further increase when everyone has been vaccinated and the restrictions cease.
Recently, Jobindex A/S acquired job sites nyboss.dk and jobsogningsguide.dk and the associated networks where Jobseekers and Employers Meet which currently has over 30,000 members on LinkedIn and Facebook, as MarketplaceDaily reported.