Utilization and billing-rate risk
Revenue depends on the share of consultant time that can be billed to clients.
- Scope
- Debiteringsgrad and project allocation
- Materiality
- high
B3 Consulting Group
B3 Consulting Group is a Swedish consulting company focused on digital transformation, business development, and technology-enabled change. The group operates through a network of consulting teams in Sweden, with additional presence in Norway and Poland, and is headquartered in Stockholm.
891
1.21
1.19
| % | |
|---|---|
| Digital transformation consulting | 45% Advisory and delivery services that help clients modernize operations and technology. |
| IT and technology consulting | 30% Specialist consulting in systems, architecture, and technical implementation. |
| Business development consulting | 15% Services that improve processes, operating models, and organizational performance. |
| Managed project delivery | 10% Execution of client projects and programs using B3 consultants and teams. |
B3 sells primarily to Swedish companies and organizations that need external expertise for digital change and...
- Large enterprise clientsprimary
Buy consulting teams for digital transformation, systems work, and business change.
- Framework-agreement customersprimary
Use parent-company contracts for recurring access to consulting capacity.
- Public sector and institutionssecondary
Purchase advisory and delivery support for modernization and operating efficiency.
- Specialist project clientssecondary
Engage niche consultants for defined implementation or change programs.
B3 is anchored in Sweden, where it has offices across 11 locations and serves most of its client base...
- •Headquartered in Stockholm, Sweden
- •Operations across 11 locations in Sweden
- •Additional presence in Norway and Poland
- •Revenue is primarily tied to Swedish client demand
- •Nordic footprint supports local delivery and staffing
B3's strategy centers on combining technical depth with consulting breadth to support clients through digital...
01
Increase consultant utilizationshort-term
Billing rate and project allocation directly drive economics in a people-based model.
02
Strengthen technical consulting capabilitiesmedium-term
Specialized expertise helps win enterprise transformation work and retain clients.
03
Expand delivery footprintmedium-term
A broader Nordic and nearshore presence supports staffing flexibility and client coverage.
B3 is exposed to demand swings in consulting markets, where client spending on transformation projects can slow quickly...
Economic slowdown in client spending
Digital transformation and business development projects can be delayed in weaker markets.
- Scope
- Enterprise and public-sector consulting demand
- Materiality
- high
Talent retention and recruitment
The business depends on experienced consultants and associated consultants.
- Scope
- Skilled labor availability in Sweden and the Nordics
- Materiality
- high
Geographic concentration
Most activity is centered in Sweden, so local market conditions matter disproportionately.
- Scope
- Sweden
- Materiality
- medium
Revenue recognition for consulting services
Affects quarterly revenue comparability and margin interpretation
Alternative performance measures
Influences investor view of utilization and balance-sheet strength
IFRS 16
IFRS 16 lease accounting
Changes balance-sheet debt presentation and covenant-style analysis
Impairment of investments in group companies
Can materially affect parent-company earnings and equity
: 11/08/2026