EWRKNasdaq StockholmIndustrialsIFRS · SEK

Ework Group

Ework Group is a talent and professional services partner specializing in IT/digitization, R&D, engineering, and business development. Founded in Sweden in 2000, the company operates across Sweden, Denmark, Norway, Finland, Poland, Slovakia, and Belgium. Ework connects a global network of over 200,000 professionals with clients, offering both permanent and temporary staffing solutions. The company is known for its comprehensive talent solutions and strategic partnerships with major brands across various industries.

Revenue13.7bn SEK
−12.8 %y/y
Operating profit (EBIT)123m SEK
−35.3 %y/y
EBIT margin0.9%
−0.3 ppy/y
Net income76.2m SEK
−45.0 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05101520bn SEK2021: 13.2 bn SEK2021: EBIT 0.13 bn SEK20212022: 16.1 bn SEK2022: EBIT 0.18 bn SEK20222023: 17.2 bn SEK2023: EBIT 0.19 bn SEK20232024: 15.8 bn SEK2024: EBIT 0.19 bn SEK20242025: 13.7 bn SEK2025: EBIT 0.12 bn SEK202513.70.12
RevenueOperating profit (EBIT)

Business

Share of revenue
IT and Digitization40 %

Includes staffing solutions for IT and digital transformation projects.

R&D and Engineering25 %

Covers staffing for research, development, and engineering roles.

Business Development15 %

Focuses on professionals in business growth and strategy roles.

Permanent Staffing10 %

Provides long-term staffing solutions for clients.

Temporary Staffing10 %

Offers short-term staffing solutions to meet immediate client needs.

Customers

Ework Group serves a diverse range of clients across both the public and private sectors. Its client base includes major brands in industries such as banking, finance, life sciences, and telecommunications. The company is particularly valued for its ability to provide tailored talent solutions that address specific client needs, whether for permanent roles or temporary projects. Ework's strategic partnerships and framework agreements, such as with Svenska kraftnät, highlight its role as a key talent provider in Northern Europe.

Banking and Finance

Require specialized IT talent for digital transformation.

Life Sciences

Need R&D and engineering professionals for innovation.

Telecommunications

Seek business development experts for growth.

Public Sector

Utilize comprehensive talent solutions for various roles.

Strategy

Ework Group's strategic priorities include expanding its talent network and enhancing its service offerings to meet evolving client needs. The company is focused on digital transformation, leveraging AI to improve service delivery and client engagement. Ework is also expanding its geographic footprint to support clients' international growth ambitions. By strengthening its project-based solutions and launching the Ework+ network portal, the company aims to create long-term value for both clients and professionals.

Expand talent networkMedium term

To meet growing demand for tech professionals.

Enhance digital capabilitiesShort term

To improve service delivery and client engagement.

Geographic expansionLong term

To support clients' international growth.

Geography

Ework Group operates in Sweden, Denmark, Norway, Finland, Poland, Slovakia, and Belgium, with its head office in Stockholm. The company has a strong presence in Northern Europe, leveraging its extensive network to serve clients across these regions. Poland and Slovakia are emerging markets for Ework, driven by nearshoring trends. The company's geographic expansion, including new operations in Belgium, aligns with its strategy to support international client growth.

Risks

Ework Group faces several business risks, including reduced demand for professional services due to economic uncertainty and rising interest rates. The company also encounters challenges in attracting and retaining skilled professionals, which is critical for maintaining its competitive edge. Currency fluctuations pose a financial risk, particularly given Ework's international operations. Additionally, the company must navigate competitive pressures in its key markets, which can impact pricing and margins.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Reduced demand for services1Talent retention challenges2Competitive pressures3Currency fluctuations4
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. Reduced demand for servicesImpact: HighLikelihood: High

    Economic uncertainty and rising interest rates.

  2. Talent retention challengesImpact: HighLikelihood: High

    Critical for maintaining competitive edge.

  3. Competitive pressuresImpact: HighLikelihood: High

    Impact pricing and margins in key markets.

  4. Currency fluctuationsImpact: MediumLikelihood: Low

    International operations expose financial performance.

Accounting

Judgemental items
Revenue recognition timing

Critical for project-based and long-term contracts.

Seasonal demand fluctuations

Affect quarterly revenue and financial planning.

Non-recurring expenses

Impact reported earnings due to legacy IT investments.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026