Talent scarcity and consultant retention
The business value is created by specialized employees, so attrition or hiring difficulty directly affects delivery capacity.
- Scope
- All service lines
- Materiality
- high
CAG Group
CAG Group is a Swedish IT consulting group organized through independent operating subsidiaries under a common brand. The company provides technology management, systems development, cyber security, operations and maintenance, and training services, with a strong focus on public-sector and regulated-industry clients in Sweden.
| % | |
|---|---|
| Technology Management | 25% Advisory and implementation support for IT strategy, governance, and transformation. |
| System Development | 30% Custom software development, integration, and delivery of business-critical systems. |
| Cyber Security | 15% Security consulting and solutions for protecting systems, data, and digital operations. |
| Operations & Maintenance | 20% Run and maintain IT environments, applications, and related support services. |
| Training | 10% Education and capability-building services tied to technology and system use. |
CAG sells mainly to organizations that need specialized IT expertise for mission-critical environments, especially in...
- Defenseprimary
Buys secure systems, consulting, and specialist delivery for sensitive environments.
- Bank & Financeprimary
Buys systems development, cyber security, and financial crime prevention expertise.
- Industry & Infrastructureprimary
Buys technology and operations support for industrial and infrastructure systems.
- Trade & Servicessecondary
Buys consulting and development services for commercial digital operations.
- Healthcaresecondary
Buys secure and reliable IT services for healthcare-related digital workflows.
CAG is primarily a Sweden-based business, with operations and offices across several Swedish cities and an additional...
- •Sweden is the core operating market and main revenue base
- •Offices include Stockholm, Enköping, Uppsala, Linköping, Karlstad, Borås, and Krokom
- •Oslo provides a small non-Swedish Nordic presence
- •Local delivery supports customer intimacy and project execution
- •Nordic concentration ties demand to Swedish public and private clients
CAG’s strategy is to combine deep specialist expertise with breadth across several IT service areas, allowing it to...
01
Strengthen specialist consulting breadthmedium-term
Breadth across technology management, development, security, and operations supports cross-selling and larger engagements.
02
Focus on regulated and mission-critical customersmedium-term
Defense, finance, and public-sector-adjacent clients value security, reliability, and domain expertise.
03
Deliver secure digitalization and implementation qualityshort-term
The company competes on the ability to execute projects smoothly and maintain customer trust.
CAG’s main risks stem from dependence on skilled consultants, customer retention, and execution quality in complex...
Cyber security and data handling failures
CAG works with security-sensitive clients and systems, so any breach could damage trust and contract wins.
- Scope
- Defense and finance clients
- Materiality
- high
Regulatory and anti-corruption compliance
A large share of revenue comes from public-sector-related and regulated customers, increasing compliance expectations.
- Scope
- Public sector and financial crime prevention work
- Materiality
- high
Project delivery and implementation risk
Fixed-scope or complex assignments can create cost overruns, delays, or customer dissatisfaction.
- Scope
- Systems development and consulting projects
- Materiality
- medium
Revenue recognition by contract type
Quarterly revenue and margin comparability
IFRS 16
IFRS 16 lease accounting
Balance sheet and operating profit presentation
Accrued income and project estimates
Revenue, receivables, and working capital
Goodwill impairment
Non-cash write-down risk
: 11/08/2026