NNIT A/S
IT consulting·NNIT · Nasdaq Copenhagen·Fiscal year to 31/12/2025
In the US, margins improved earlier in the year supported by the success of our repeatable Supply Chain solutions, which help customers enhance visibility and efficiency across global operations.
Exposure profile
Derived from what the company itself writes. Empty directions mean the report doesn't mention themes of that type.
In their own words
Grouped by theme, from the management review in the annual report. A · The company itself is a verbatim quote, B · From the report is without a verified quote.
Artificial intelligence
Technology
DriverNegative impact: weakens
“Rapid advancement and adoption of AI across the IT services industry may automate traditional consulting activities and reduce demand for T&M engagements. There is a risk that investments or adaptation are insufficient to remain aligned with global competitor capabilities and evolving customer requirements, increasing competitive pressure from AI-enabled service providers.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“SCALES continued to reinforce its leadership in ERP and business transformation projects, increasingly integrating AI-powered analytics and process automation to enhance efficiency and transparency for Danish enterprises.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“During the year, we took a major step forward with the launch of Know It Now (KITN) - our secure, AI-powered platform designed to support diverse use cases across life sciences and beyond. The platform represents the next stage in our AI strategy and serves as the foundation for multiple AI powered solutions across our portfolio, supporting growth, efficiency, and quality in both internal operations and customer engagements.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT remains committed to the successful execution of the "New Beginning" strategy, launched in 2023 and running through the end of 2026.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“These emerging trends revolve around AI, data enablement, and accelerated digital transformation. NNIT is making significant investments to upgrade our consultants' skills in the latest technologies, enabling them to advise our customers effectively.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT is further strengthening its focus on scalable and repeatable solutions by prioritizing standardized offerings with strong market demand and attractive margins.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT has made targeted investments in AI over the past years to remain competitive and aligned with customer needs. AI capabilities are being embedded across regions and core functions to strengthen delivery and operational efficiency, including automation of development, testing, and planning activities.”
Annual report 2025A · The company itself
Market
“Within the life sciences industry, our AI solutions are already accelerating transformation by solving complex, time consuming tasks that require precision and compliance: Automating Quality Management: AI extracts and validates critical information from diverse document types without human intervention, enabling rapid processing and streamlined QMS workflows.”
Annual report 2025A · The company itself
Chains out: this strengthens Data centres, strengthens Semiconductors and electronic components, strengthens Semiconductor industry
United States
Geography
DriverNegative impact: weakens
“Project postponements – particularly in parts of our US business and segments of our European markets – resulted in lower revenue growth and profitability than originally anticipated.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The temporary slowdown is not seen to be founded in structural changes or expected to have a lasting impact.”
Annual report 2025A · The company itself
Market
“During 2025, Region US has seen a scattered business performance across its business areas. The repeatable service solutions offering have been growing throughout the year and the data migration business is steadily recovering.”
Annual report 2025A · The company itself
Geography
“NNIT is a trusted Danish IT and consulting partner with a global footprint across Europe, the US, and Asia.”
Annual report 2025A · The company itself
Geography
“In the fourth quarter, Region US experienced an unexpected impact from postponement of several large projects and a temporary slowdown in new contract signings, which affected overall revenue generation. Performance was unsatisfactory as the underlying business generated revenue was DKK 72 million, equal to a growth of -10% and organic growth of -2%.”
Annual report 2025A · The company itself
Geography
“However, towards the end of the year, US experienced a temporary and unexpected slowdown.”
Annual report 2025A · The company itself
Geography
“For the full year, revenue ended at DKK 313 million (2024: DKK 346 million), corresponding to a revenue growth of -9.6% and organic growth of -7.5%.”
Annual report 2025A · The company itself
Chains in: USD vs DKK/EUR mixed effect
Public sector
End markets
StrategyPositive impact: strengthens
“Advancing our strong position in Denmark with a particular focus on driving digital transformation in the public sector.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“2025 saw NNIT move into strategy execution mode, moving on from two years of major transformation, as a highly focused IT consultancy specializing in life sciences internationally and in the public and private sectors in Denmark.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“In 2026, NNIT will continue to execute its strategic initiatives, accelerating the commercial focus towards the Public and Life Sciences segments, while improving its operational efficiency and structurally reducing the cost base.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“The focused strategy targets key markets that require a combination of NNIT’s advanced IT solutions expertise and domain knowledge. This is implemented internationally through a regional approach, leveraging specific market strongholds in highly regulated industries.”
Annual report 2025A · The company itself
Market
“In Denmark, we also serve the public and private sectors, continuing to strengthen our role as a key digital partner, particularly within the public sector.”
Annual report 2025A · The company itself
Market
“Within the public sector, we secured major long term contracts with Energinet, Sundhedsdatastyrelsen, Digitaliseringsstyrelsen, and Styrelsen for It og Læring, strengthening NNIT’s role in national digital infrastructure and reaffirming our position as a trusted strategic partner.”
Annual report 2025A · The company itself
Market
“NNIT focuses on two core industry segments: Life sciences globally and the public sector in Denmark.”
Annual report 2025A · The company itself
Market
“In the public sector, Region Denmark primarily targets central government opportunities, specifically governmental agencies and organizations with a private/public foundation.”
Annual report 2025A · The company itself
Biotech and drug development
Technology
StrategyPositive impact: strengthens
“2025 saw NNIT move into strategy execution mode, moving on from two years of major transformation, as a highly focused IT consultancy specializing in life sciences internationally and in the public and private sectors in Denmark.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT will continue to grow its lower tier-segments, expand existing customer engagements and commence the project delivery on already signed larger contracts, mainly within the Public segment.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“The focused strategy targets key markets that require a combination of NNIT’s advanced IT solutions expertise and domain knowledge. This is implemented internationally through a regional approach, leveraging specific market strongholds in highly regulated industries.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT is globally recognized by customers and external advisors for its deep industry expertise combined with strong technical capabilities.”
Annual report 2025A · The company itself
Market
“In 2025, we were honoured to be recognized by Everest Group as a Leader in the 2025 Veeva Services PEAK Matrix Assessment - a distinction highlighting NNIT’s life sciences expertise, strong regulatory and clinical capabilities, and ability to deliver complex digital solutions for global and mid-sized customers.”
Annual report 2025A · The company itself
Market
“NNIT focuses on two core industry segments: Life sciences globally and the public sector in Denmark.”
Annual report 2025A · The company itself
Chains in: US drug pricing policy mixed effect, Patent expiry and generic competition weakens, Drug approvals strengthens
Chains out: this strengthens Buying contract manufacturing and research (CMO/CRO/EMS), strengthens Contract manufacturers as a business (EMS, CMO, CRO)
Digitalisation
Technology
StrategyPositive impact: strengthens
“Advancing our strong position in Denmark with a particular focus on driving digital transformation in the public sector.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“NNIT remains committed to the successful execution of the "New Beginning" strategy, launched in 2023 and running through the end of 2026.”
Annual report 2025A · The company itself
StrategyPositive impact: strengthens
“These emerging trends revolve around AI, data enablement, and accelerated digital transformation. NNIT is making significant investments to upgrade our consultants' skills in the latest technologies, enabling them to advise our customers effectively.”
Annual report 2025A · The company itself
Market
“Internationally, we are dedicated to the life sciences industry, where we support customers in digitalizing and optimizing key elements of their value chain – from development and production to distribution and compliance.”
Annual report 2025A · The company itself
Chains in: Cybersecurity (products and services) strengthens, Public investment and infrastructure strengthens
Chains out: this strengthens IT consulting and public-sector IT
Automation and robotics
Technology
StrategyPositive impact: strengthens
“SCALES continued to reinforce its leadership in ERP and business transformation projects, increasingly integrating AI-powered analytics and process automation to enhance efficiency and transparency for Danish enterprises.”
Annual report 2025A · The company itself
Market
“Within the life sciences industry, our AI solutions are already accelerating transformation by solving complex, time consuming tasks that require precision and compliance: Automating Quality Management: AI extracts and validates critical information from diverse document types without human intervention, enabling rapid processing and streamlined QMS workflows.”
Annual report 2025A · The company itself
Shipping and logistics
End markets
Market
“In the US, margins improved earlier in the year supported by the success of our repeatable Supply Chain solutions, which help customers enhance visibility and efficiency across global operations.”
Annual report 2025A · The company itself
Market
“The stable development in regional operating profit and increase in margin despite revenue contracting reflects the resilience of the US operating model where repeatable services come with a significantly higher margin than other consultancy services.”
Annual report 2025A · The company itself
Chains in: Carbon tax and ETS prices weakens, Global trade volumes strengthens, Fuel strengthens
Healthcare and hospitals
End markets
Market
“Within the public sector, we secured major long term contracts with Energinet, Sundhedsdatastyrelsen, Digitaliseringsstyrelsen, and Styrelsen for It og Læring, strengthening NNIT’s role in national digital infrastructure and reaffirming our position as a trusted strategic partner.”
Annual report 2025A · The company itself
Chains in: Ageing population strengthens, GLP-1 and obesity treatment mixed effect
Industrial manufacturing
End markets
Market
“The region further reinforced its market position through SCALES, which maintained its status as Denmark’s largest provider of Microsoft Dynamics 365 for Finance & Operations (D365FO), securing multiple new contracts during the year.”
Annual report 2025A · The company itself
Utilities
End markets
Market
“Within the public sector, we secured major long term contracts with Energinet, Sundhedsdatastyrelsen, Digitaliseringsstyrelsen, and Styrelsen for It og Læring, strengthening NNIT’s role in national digital infrastructure and reaffirming our position as a trusted strategic partner.”
Annual report 2025A · The company itself
Europe
Geography
DriverNegative impact: weakens
“Project postponements – particularly in parts of our US business and segments of our European markets – resulted in lower revenue growth and profitability than originally anticipated.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“On the organizational level NNIT moved a smaller business unit of Europe Throughout 2025, Region Europe was significantly affected by ongoing macroeconomic and geopolitical uncertainty, which led to a slowdown in the Life Sciences segment. Despite these headwinds, the region demonstrated adaptability by strengthening relationships with long-term customers and expanding its presence in lower-tier market segments, successfully onboarding 20 new customers during the year.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“The contraction was primarily driven by the market unrest resulting in customer hesitation which led to project postponements, and a lower number of largescale transformation projects initiated compared to prior years. Additionally, project scopes have generally been shorter in duration and size affecting the overall revenue generation.”
Annual report 2025A · The company itself
Geography
“NNIT is a trusted Danish IT and consulting partner with a global footprint across Europe, the US, and Asia.”
Annual report 2025A · The company itself
Geography
“Europe experienced revenue pressure from postponed projects but achieved higher profitability through better utilization and cost control.”
Annual report 2025A · The company itself
Geography
“During the fourth quarter, Region Europe generated revenue of DKK 151.7 million (DKK 170.6 million in Q4 2024), representing a decline of 11.1% in reported terms and an organic growth of -11.3%. The performance was affected by ongoing market uncertainty, which led to lower overall customer activity compared with the same period last year.”
Annual report 2025A · The company itself
Geopolitical uncertainty
Macro
DriverNegative impact: weakens
“NNIT sees opportunities to profitably grow the company within its strategic commercial focus areas during 2026, although the geopolitical market unrest is expected to continue.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“On the organizational level NNIT moved a smaller business unit of Europe Throughout 2025, Region Europe was significantly affected by ongoing macroeconomic and geopolitical uncertainty, which led to a slowdown in the Life Sciences segment. Despite these headwinds, the region demonstrated adaptability by strengthening relationships with long-term customers and expanding its presence in lower-tier market segments, successfully onboarding 20 new customers during the year.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“This progress was achieved despite geopolitical uncertainties linked to trade war and a soft macroeconomic environment in China.”
Annual report 2025A · The company itself
Chains out: this strengthens Defence budgets, strengthens Energy security, strengthens Tariffs and trade policy, weakens Global trade volumes, strengthens Sea freight and freight rates, weakens Reconstruction of Ukraine
Labour and wages
Raw materials and inputs
DriverNegative impact: weakens
“NNIT’s ability to maintain and win new business depends on its capacity to attract, retain, and develop qualified and innovative IT professionals.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“A shortage of talent may impact NNIT’s ability to take on new projects and deliver innovative solutions. Failure to engage and retain talent can lead to higher attrition rates and reduced employee satisfaction, ultimately affecting overall organizational performance.”
Annual report 2025A · The company itself
InputNegative impact: weakens
“Recruiting professionals with expertise in IT, artificial intelligence, data, and transformation - particularly those with hands-on experience - remains a significant challenge.”
Annual report 2025A · The company itself
Cyber attacks and IT security risk
Macro
DriverNegative impact: weakens
“NNIT is exposed to cybersecurity-related risks that have the potential to harm or damage computer systems, networks, or digital environments.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Failure to repel cybersecurity risks can lead to business disruptions, contract breach, data loss, regulatory implications & penalties and reputational damage.”
Annual report 2025A · The company itself
Chains out: this strengthens Cybersecurity (products and services)
Financial regulation
Regulation
DriverNegative impact: weakens
“Legal and compliance risks are increasing due to growing complexity and intensified regulatory requirements. Examples include new EU legislation on geo-restrictions, significant changes to GDPR regulations, and escalating ESG requirements.”
Annual report 2025A · The company itself
DriverNegative impact: weakens
“Non-compliance with legal and regulatory requirements can have severe consequences for NNIT, including financial penalties, operational disruptions, reputational damage and increased oversight from authorities.”
Annual report 2025A · The company itself
Cybersecurity (products and services)
Technology
DriverNegative impact: weakens
“Attacks have become more targeted, coordinated, and technically advanced, underscoring the need for continuous improvement in NNIT’s detection, prevention, and response capabilities. This heightened focus ensures NNIT remains resilient and capable of safeguarding client and internal systems against evolving threats.”
Annual report 2025A · The company itself
Chains in: Cyber attacks and IT security risk strengthens
Chains out: this strengthens Digitalisation
ESG and sustainability reporting
Regulation
DriverNegative impact: weakens
“Legal and compliance risks are increasing due to growing complexity and intensified regulatory requirements. Examples include new EU legislation on geo-restrictions, significant changes to GDPR regulations, and escalating ESG requirements.”
Annual report 2025A · The company itself
China
Geography
DriverNegative impact: weakens
“This performance is particularly encouraging given the ongoing pricing pressure across China and Singapore, which continues to challenge profitability across the region.”
Annual report 2025A · The company itself
Geography
“From a business perspective, the region experienced increased demand, especially within the business areas, Cloud Solutions and Manufacturing in China.”
Annual report 2025A · The company itself
Business cycle and GDP growth
Macro
DriverNegative impact: weakens
“This progress was achieved despite geopolitical uncertainties linked to trade war and a soft macroeconomic environment in China.”
Annual report 2025A · The company itself
Chains out: this strengthens Global trade volumes, strengthens Construction
Asia and emerging markets
Geography
Geography
“NNIT is a trusted Danish IT and consulting partner with a global footprint across Europe, the US, and Asia.”
Annual report 2025A · The company itself
Geography
“When adjusted for this one-off event, underlying performance showed solid growth, with an estimated organic growth increase of 9.9%. This positive underlying momentum was driven by Region Asia’s successful expansion of its customer base, particularly among local market customers, while maintaining existing customers.”
Annual report 2025A · The company itself
Geography
“In 2025, Region Asia returned to positive growth, driven by the extension of long-term customer engagements and the successful expansion of its customer base to include a greater number of local customers.”
Annual report 2025A · The company itself
Denmark
Geography
Geography
“Within the public sector, we secured major long term contracts with Energinet, Sundhedsdatastyrelsen, Digitaliseringsstyrelsen, and Styrelsen for It og Læring, strengthening NNIT’s role in national digital infrastructure and reaffirming our position as a trusted strategic partner.”
Annual report 2025A · The company itself
Geography
“In Q4, Region Denmark generated revenue of DKK 188.4 million (DKK 174.6 million in Q4 2024), representing a solid increase of 7.9% in both reported revenue growth and organic growth.”
Annual report 2025A · The company itself
Geography
“Full-year revenue amounted to DKK 693 million (2024: DKK 657 million), corresponding to reported revenue growth of 5.2% and organic growth of 5.2%.”
Annual report 2025A · The company itself
Electricity
Raw materials and inputs
InputNegative impact: weakens
“Energy consumption in our own operations is primarily limited to office premises, as NNIT is a consulting company without data centers, manufacturing, or production facilities.”
Annual report 2025A · The company itself
Chains in: Data centres strengthens, Electrification strengthens
Chains out: this strengthens Power grid expansion
Competitors mentioned in the report
No named competitors in the report.
Financial figures
| Revenue latest fiscal year | 1.79 bn DKK |
| Revenue growth vs. the year before, same method | -3.4 % |
| EBITDA reported by the company | N/A |
| Net debt debt incl. leasing minus cash | N/A |
| Diluted EPS per share | -0.97 DKK |
Source: annual report (ESEF) A. See the report
Criteria
| Profit | ✗ |
| Growing | ✗ |
| Healthy balance sheet | N/A |
Only the criteria that can be computed from financial statements on this page. The remaining criteria (such as price and dividend) need a share price and are in the analysis.