Nasdaq CopenhagenIFRS · DKK

3SHAPE HOLDING A/S

3SHAPE HOLDING A/S is a Danish holding company for 3Shape’s digital dentistry business, which develops and markets intraoral scanners, scanner software, accessories and related after-sales services. The group also owns adjacent digital design software and audio-design tools, with customers spread across international dental and professional workflows.

Liikevaihto3 026milj. DKK
−8,8 %v/v
Liikevoitto (EBIT)801milj. DKK
−40,8 %v/v
EBIT-marginaali26,5%
−14,3 %-yks.v/v
Nettotulos565milj. DKK
−47,6 %v/v
Vapaa kassavirta999milj. DKK
−5,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2024–2025

01 0002 0003 0004 000milj. DKK2024: 3 317 milj. DKK2024: EBIT 1 352 milj. DKK20242025: 3 026 milj. DKK2025: EBIT 801 milj. DKK20253 026801
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Dental scanners and software70 %

Intraoral scanning systems, scanner-integrated software, updates and accessories for dental workflows.

After-sales services15 %

Post-contract customer support, technical services and related service arrangements.

Accessories and consumables10 %

Physical accessories and related add-ons sold alongside scanner systems.

Adjacent software solutions5 %

Digital design workflow software and other standalone software products.

Asiakkaat

3Shape sells primarily to dental professionals and dental organizations that use intraoral scanners to capture digital impressions and support restorative workflows. It also serves distributors and channel partners that resell its products, and it has broader software users in adjacent professional design applications. The customer base is driven by the need for accuracy, digital workflow integration and upgrades from older scanner generations.

Dental clinics

Buy intraoral scanners and scanner software to improve chairside digital workflows and patient capture.

Dental laboratories

Buy scanner-enabled solutions and software to integrate digital impressions into lab production.

Distributors and resellers

Purchase products for indirect market coverage and local customer support.

Service and software customers

Buy updates, technical support and standalone software tied to installed scanners.

Professional design users

Use adjacent workflow software, including digital design tools and audio design tools.

Strategia

3Shape’s strategy centers on product innovation in digital dentistry, especially scanner generation upgrades and software-enhanced workflows. The company also extends its platform into adjacent professional design tools, while using trade-up programs and after-sales services to deepen customer relationships and support installed-base monetization.

Product innovationKeskipitkä aikaväli

New scanner generations help maintain relevance in a technology-driven dental market.

Installed-base monetizationLyhyt aikaväli

Trade-up and service offerings help generate recurring customer engagement after the initial sale.

Workflow expansionKeskipitkä aikaväli

Broader digital design tools increase the platform value beyond core scanner hardware.

Maantiede

3Shape is headquartered in Copenhagen, Denmark, and serves an international customer base rather than a single domestic market. Its business is exposed to foreign exchange movements because revenue and costs span multiple currencies and jurisdictions, and the annual report notes that currency developments affected revenue. Geography matters because scanner sales, service coverage and distributor relationships are managed across global dental markets.

Riskit

3Shape is exposed to technology obsolescence, because digital dentistry products can be displaced by newer scanner platforms and software features. Demand can also be affected by macro pressure, foreign exchange volatility and the pace of adoption in dental end markets. The annual report also highlights revenue-recognition judgment, goodwill impairment testing and data-protection/compliance risks as important company-specific areas.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Technology obsolescence1Demand cyclicality in dental spending2Goodwill impairment3Foreign exchange volatility4Data protection and compliance5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Technology obsolescenceVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The business depends on staying ahead in scanner hardware and software capability.

    Kohdistuu: Dental scanners and software

  2. Demand cyclicality in dental spendingVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Scanner purchases depend on customer willingness to invest in capital equipment and upgrades.

    Kohdistuu: Dental clinics and labs

  3. Goodwill impairmentVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Large acquired goodwill and development assets must pass annual recoverability tests.

    Kohdistuu: Acquired businesses and intangibles

  4. Foreign exchange volatilityVaikutus: KeskitasoTodennäköisyys: Korkea

    The company operates internationally and the report states revenue was negatively impacted by currency developments.

    Kohdistuu: Global revenue

  5. Data protection and complianceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The report cites end-user relations and data protection as risk areas in the value chain.

    Kohdistuu: Customer data and digital workflows

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Scanner sales are recognized when control transfers, while software and support require performance obligation judgments.

Vaikutus: Can shift revenue timing across periods

Trade-up transactions

Old scanner trade-ins are valued using net realizable value assumptions and refurbishment margins.

Vaikutus: Affects revenue allocation and inventory valuations

Development costs

Certain R&D projects are capitalized and later amortized over estimated useful lives.

Vaikutus: Changes EBITDA, amortization and intangible asset balances

Goodwill impairment

Goodwill is tested annually using forecast cash flows and WACC assumptions.

Vaikutus: Can create large non-cash write-downs

Foreign currency effects

International operations create translation and transaction exposure.

Vaikutus: Can move reported revenue and equity reserves

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026