NETCNasdaq CopenhagenInformation Technology ServicesIFRS · DKK

Netcompany Group A/S

Netcompany Group A/S is a Denmark-based IT services and software company that designs and delivers digital transformation projects for public and private-sector clients across Europe. Its work spans application development, platform implementation, digital operations, and proprietary product offerings such as AI-enabled solutions and banking software.

Liikevaihto7,9milj. DKK
−99,5 %v/v
Liikevoitto (EBIT)0,6milj. DKK
−99,7 %v/v
EBIT-marginaali7,1%
−4,4 %-yks.v/v
Nettotulos0,3milj. DKK
−99,8 %v/v
Vapaa kassavirta0,5milj. DKK
−99,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

02 0004 0006 0008 000milj. DKK2020: 2 839 milj. DKK2020: EBIT 645 milj. DKK20202021: 3 632 milj. DKK2021: EBIT 704 milj. DKK20212022: 1 519 milj. DKK2022: EBIT 282 milj. DKK20222023: 6 078 milj. DKK2023: EBIT 511 milj. DKK20232024: 1 678 milj. DKK2024: EBIT 194 milj. DKK20242025: 7,9 milj. DKK2025: EBIT 0,56 milj. DKK20257,90,56
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
IT Services and Consulting55 %

Advisory, delivery, and maintenance work for large digital programmes and application estates.

Public-Sector Digital Platforms20 %

Software and implementation services for government and EU-related digital infrastructure.

Private-Sector Enterprise Solutions15 %

Enterprise software delivery and platform work for commercial clients across industries.

AI-Enabled Products and Platforms5 %

Proprietary AI-powered tools and platform offerings, including Feniks AI.

Banking Software and Services5 %

Core banking and adjacent software delivered through Netcompany Banking Services.

Asiakkaat

Netcompany sells mainly to governments, EU institutions, and large enterprises that need complex, mission-critical digital systems delivered and operated over long project cycles. The company is especially relevant where clients want European-based delivery capabilities, regulatory familiarity, and software platforms tailored to public administration or enterprise workflows.

Public-sector governments

Buy digital platforms, case-management systems, and citizen-service applications for ministries, agencies, and municipalities.

EU institutions

Commission and other EU bodies buy digitalisation and AI capabilities for policy and administration programmes.

Large enterprises

Commercial customers buy custom software, application modernisation, and platform integration services.

Financial institutions

Banks and financial firms buy banking software, core systems, and related implementation services.

Existing enterprise clients

Repeat customers expand into additional platforms, support, and AI-enabled products after initial delivery.

Strategia

Netcompany is focused on expanding its AI-powered product and platform offerings while deepening relationships with existing clients and winning new ones. A second priority is strengthening its position in the UK and other European markets that value sovereign digital delivery and public-sector expertise.

Scale AI-enabled offeringsLyhyt aikaväli

AI products can raise differentiation and create repeatable software revenue alongside services.

Grow in the UKKeskipitkä aikaväli

The UK is a large IT services market and improves the company's addressable market and brand scale.

Win public-sector and EU digital programmesKeskipitkä aikaväli

Government and EU demand supports large, multi-year digitalisation projects that fit the company's delivery model.

Maantiede

Netcompany is headquartered in Denmark and operates across Northern and Western Europe, with the UK highlighted as a major market and growth driver. The business also has meaningful exposure to SEE & EUI markets, where demand is tied to EU digitalisation spending and broader public-sector technology investment.

Riskit

The business depends on winning large project awards, delivering complex systems on time, and maintaining credibility with public-sector and enterprise clients. It is also exposed to demand concentration in European markets, competitive pressure in IT services, and execution risk as it scales product-led offerings alongside services.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Public-sector spending and procurement cyclicality1Delivery and implementation overruns2Competitive pressure in UK and Europe3Adoption risk for AI products4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Public-sector spending and procurement cyclicalityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of work is tied to government and EU digital investment decisions that can shift with budgets and policy timing.

    Kohdistuu: Europe public sector

  2. Delivery and implementation overrunsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Large bespoke IT programmes can suffer scope changes, delays, or cost overruns if delivery complexity is underestimated.

    Kohdistuu: Large-scale projects

  3. Competitive pressure in UK and EuropeVaikutus: KeskitasoTodennäköisyys: Korkea

    The company competes against global consultancies and regional specialists for transformation and platform work.

    Kohdistuu: UK and Europe

  4. Adoption risk for AI productsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Newer AI-enabled offerings must prove customer value and integrate into regulated client environments.

    Kohdistuu: AI platform offerings

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Project delivery and software arrangements may recognise revenue over time or at milestones, affecting quarterly comparability.

Vaikutus: Affects revenue timing and gross margin

Contract assets and liabilities

Billing patterns versus work performed can create timing differences on the balance sheet.

Vaikutus: Affects working capital and operating cash flow

Capitalised development costs

Product and platform investment may be capitalised if recognition criteria are met, then amortised over time.

Vaikutus: Affects EBITDA, amortisation, and asset values

Goodwill and intangibles

Acquired businesses and software assets require impairment testing if growth assumptions weaken.

Vaikutus: Affects reported profit and equity

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026