Nasdaq CopenhagenIFRS · DKK

CAPGEMINI DANMARK A/S

CAPGEMINI DANMARK A/S is the Danish operating company of Capgemini, providing consulting, technology services, and digital transformation support to organizations in Denmark. Its business typically combines advisory work, application and software services, systems integration, and managed technology services delivered through local and international delivery teams.

Revenue527m DKK
+28.4 %y/y
Operating profit (EBIT)16.2m DKK
−9.1 %y/y
EBIT margin3.1%
−1.3 ppy/y
Net income24.5m DKK
+43.8 %y/y
Free cash flow46.1m DKK
+1,106.6 %y/y

Fiscal year 2022 · change from previous year

Development 2021–2022

0200400600m DKK2021: 411 m DKK2021: EBIT 18 m DKK20212022: 527 m DKK2022: EBIT 16 m DKK202252716
RevenueOperating profit (EBIT)

Business

Share of revenue
Consulting25 %

Advisory services covering business, technology, and transformation programs.

Application Services30 %

Software development, maintenance, testing, and application modernization.

Infrastructure & Cloud Services20 %

Cloud migration, infrastructure support, and related managed technology services.

Digital Engineering & Data15 %

Data, analytics, automation, and engineering-led digital build work.

Outsourcing / Managed Services10 %

Ongoing operations support and outsourced service delivery for clients.

Customers

The company serves enterprise and public-sector customers that need external technology expertise, delivery capacity, and long-term support for IT and transformation programs. Buyers typically engage Capgemini Danmark for multi-year projects where they want access to consulting skills, software engineering, cloud capabilities, and scalable delivery resources. Client demand is tied to digital modernization, operational efficiency, and the need to run complex technology environments. Contracting is often relationship-based and can involve large accounts with recurring service work.

Large enterprises

Buy consulting, application, cloud, and managed services for transformation and run-the-business support.

Public sector

Buys implementation and support services for government and institutional digital programs.

Mid-market organizations

Buys narrower project work and specialized technology expertise for specific modernization needs.

Strategy

The company’s strategic position depends on winning and retaining long-duration technology service relationships in Denmark. Its priorities typically center on combining local client access with the broader group’s technical skills, delivery scale, and sector expertise. That model matters because clients often choose providers that can cover consulting, implementation, and ongoing operations within one account. Differentiation comes from trusted client relationships, execution quality, and the ability to support complex transformation programs end to end.

Expand account penetrationMedium term

Broader service adoption improves share of wallet and client retention.

Strengthen digital capability depthMedium term

Clients want providers that can deliver cloud, data, and automation together.

Leverage international deliveryShort term

Access to broader talent pools supports competitive pricing and scale.

Geography

CAPGEMINI DANMARK A/S is based in Denmark and operates as part of a wider international Capgemini delivery network. Its commercial activity is centered on the Danish market, while delivery may also draw on offshore and nearshore resources within the broader group structure. The company’s exposure is therefore tied to demand from Danish clients, especially in sectors that invest in digital transformation. Geography matters because local client relationships and regulatory requirements are important, while the service model can be supported by cross-border delivery.

Risks

The business is exposed to project timing, client budget cycles, and competition from other global IT services firms and local consultancies. Because revenue depends on winning complex service contracts and delivering them effectively, execution quality, staffing availability, and pricing discipline are important. The company also faces industry-wide pressure from rapid technology change, which can make skills, platforms, and delivery models obsolete if not refreshed. As a Danish subsidiary of a global group, it may also be affected by cross-border delivery, subcontracting, and dependence on group-wide capabilities.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Client budget pressure1Delivery and execution risk2Talent availability3Technology obsolescence4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Client budget pressureImpact: HighLikelihood: Medium

    Consulting and transformation work can be postponed when customers cut discretionary spend.

    Exposure: Project pipelines and renewal activity

  2. Delivery and execution riskImpact: HighLikelihood: Medium

    Missed timelines or quality issues can reduce client satisfaction and future award rates.

    Exposure: Large implementation and managed service contracts

  3. Talent availabilityImpact: MediumLikelihood: High

    The service model relies on skilled consultants, engineers, and domain specialists.

    ExposureStaffingUtilizationProject delivery
  4. Technology obsolescenceImpact: MediumLikelihood: High

    Cloud, data, and software delivery methods change quickly and require constant reskilling.

    Exposure: Service relevance and competitiveness

Accounting

Judgemental items
IFRS 15 revenue recognition

Service contracts may be recognized over time or at milestones depending on performance obligations and acceptance terms.

Impact: Affects timing of revenue and gross profit recognition

Provisions

Services firms often need estimates for disputes, restructuring-related items, and other obligations.

Impact: Can change operating expense and liability levels

IFRS 16 leases

Office and delivery-site leases create right-of-use assets and lease liabilities.

Impact: Affects EBITDA, depreciation, interest, and balance sheet leverage

Goodwill and deferred tax

Acquisition accounting and tax estimates require judgment and can affect reported equity and expenses.

Impact: May lead to impairment or tax valuation adjustments

Last updated: 24/10/2026

CAPGEMINI DANMARK A/S Revenue, Earnings & Financials 2022 – Clarifo