Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Jan Winther was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • May 13
Nnit A/S Updated Earnings Guidance for the Fiscal Year 2026 NNIT A/S updated earnings guidance for he fiscal year 2026. For the period, The outlook for group EBIT margin excl. special items was previously 6% to 9%, now adjusted to 4% to 7%. Annuncio • Mar 18
NNIT A/S Announces Chief Executive Officer Changes NNIT A/S announced that Claus Rydkjær has been appointed Chief Executive Officer, joining the company as of April 7, 2026. Claus Rydkjær will succeed Pär Fors, who in January announced his decision to step down after almost five years in the role. Claus Rydkjær joins NNIT with extensive executive experience from leading international IT, consulting, and digital services organizations. He has held CEO, COO, and Managing Director roles and has a proven track record in growth acceleration and delivering enterprise-wide transformation programs that fundamentally optimize operations. Most recently, he served as Group Chief Commercial Officer at Iver Group, where he was responsible for group-wide commercial strategy and led the largest business unit within managed services, supporting customers across, among other areas, life sciences and public sector – all central to NNIT’s strategic direction. Claus Rydkjær’s career: Iver Group: Group Chief Commercial Officer & Business Unit Chief Executive Officer (2024-2026), Capgemini: Chief Operating Officer & Managing Director (2019-2024), Boston Consulting Group (BCG): Partner, DigitalBCG (2019), Koogni.ai: Founder (2018-2019), Mannaz Group: Chief Executive Officer (2016-2018), Accenture: Managing Director (2007-2016). Pär Fors will support a smooth handover to Claus Rydkjær, ensuring continuity for customers, partners, and employees. Annuncio • Mar 12
NNIT A/S Announces Board and Committee Changes NNIT A/S at its AGM held on March 12, 2026 announced election of Eva Berneke as new Deputy Chairman of the Board of Directors, election of Peter Bøggild as a new member of the Board of Directors. In accordance with the resolutions passed at the general meeting and previous employee representative election, the Board of Directors are composed as follows, and the Board of Directors decided that the Audit Committee and Remuneration Committee shall be composed as follows: Carsten Dilling (Chairman of the Board of Directors and member of the Remuneration Committee); Eva Berneke (Deputy Chairman of the Board of Directors and Chairman of the Remuneration Committee); Nigel Govett (member of the Board of Directors and Chairman of the Audit Committee); Peter Bøggild (member of the Board of Directors and member of the Remuneration Committee); Caroline Serfass (member of the Board of Directors and Audit Committee); Jan Winther (member of the Board of Directors); Kim Høyer (employee representative); Dorte Broch Pedersen (employee representative); Frederik Sparre Willumsen (employee representative until end March 2026, where he is leaving the Company); Daniel Fittussy (currently alternate but will replace Frederik Sparre Willumsen as employee representative as of 1 April 2026). Annuncio • Feb 18
NNIT A/S Announces That Eivind Kolding and Christian Kanstrup Are Not Seeking Re-Election to the Board of Directors NNIT A/S announced that Eivind Kolding and Christian Kanstrup are not seeking re-election to the board of directors. Annuncio • Jan 16
Pär Fors Decides to Leave NNIT A/S as CEO, Until the End of July 2026 NNIT A/S hereby announces that Pär Fors, CEO, after almost 5 years in the role, has decided to leave NNIT A/S due to personal family matters. Pär Fors will continue in the CEO role until the end of July 2026 or when a new CEO has been appointed, if earlier. The Board of Directors is fully engaged in finding the right successor, and NNIT A/S will continue with its full focus on its customers, employees, and the positive development of the company. Annuncio • Nov 24
NNIT A/S, Annual General Meeting, Mar 12, 2026 NNIT A/S, Annual General Meeting, Mar 12, 2026. Annuncio • Feb 20
NNIT A/S, Annual General Meeting, Mar 13, 2025 NNIT A/S, Annual General Meeting, Mar 13, 2025, at 14:00 Romance Standard Time. Location: tuborg, havnevej 19, dk-2900 hellerup, Denmark Annuncio • Jan 20
NNIT A/S to Report Fiscal Year 2024 Results on Feb 18, 2025 NNIT A/S announced that they will report fiscal year 2024 results on Feb 18, 2025 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €14.18, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Healthcare Services industry in Europe. Total loss to shareholders of 11% over the past three years. Annuncio • Oct 23
NNIT A/S Revises Earnings Guidance for the Year 2024 NNIT A/S revised earnings guidance for the year 2024. For the year, the company expected organic revenue growth to be around 6% to 7% (previously around 10%) and the Group operating profit margin to reach 6% to 7% before special items (previously 8%-9%) on the back of unsatisfactory performance in third quarter 2024. The outlook adjustment follows an unexpected revenue decline in Region Europe and Region US in third quarter, which was impacted by a moderate market slowdown resulting in projects being postponed or put on hold, combined with prolonged challenges in the data migration business. As one of several levers to accelerate profitability in the second half of 2024, NNIT recalibrated capacity in both Europe and the US in third quarter, and additional adjustments are made to align internal capacity with market demand. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €17.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 19x in the Healthcare Services industry in Europe. Total returns to shareholders of 4.0% over the past three years. Reported Earnings • Aug 28
First half 2024 earnings released: EPS: kr.0.99 (vs kr.1.33 loss in 1H 2023) First half 2024 results: EPS: kr.0.99 (up from kr.1.33 loss in 1H 2023). Revenue: kr.937.0m (up 12% from 1H 2023). Net income: kr.34.0m (up kr.67.0m from 1H 2023). Profit margin: 3.6% (up from net loss in 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Aug 27
NNIT A/S Confirms Earnings Guidance for the Year 2024 NNIT A/S announced that the company is confirming full-year 2024 financial outlook for organic revenue growth of around 10% and group operating profit margin excluding special items of between 8 to 9%. Annuncio • Mar 15
NNIT A/S Appoints Christian Kanstrup as Member of Board of Directors and Announces Composition of Board of Directors and Board Committees NNIT A/S at its annual general meeting held on March 14, 2024, approved new election of Christian Kanstrup as member of the Board of Directors. After the annual general meeting, the Board of Directors held a board meeting to appoint the members of its Audit Committee and Remuneration Committee. In accordance with the resolutions passed at the general meeting, the Board of Directors are composed as follows and the Board of Directors decided that the Audit Committee and Remuneration Committee shall be composed as follows: Carsten Dilling (Chairman of the Board of Directors and member of the Remuneration Committee); Eivind Kolding (Deputy Chairman of the Board of Directors and Chairman of the Remuneration Committee); Nigel Govett (member of the Board of Directors and Chairman of the Audit Committee); Christian Kanstrup (member of the Board of Directors and member of the Remuneration Committee and Audit Committee); Caroline Serfass (member of the Board of Directors); Jan Winther (member of the Board of Directors); Kim Høyer (employee representative); Dorte Broch Pedersen (employee representative); Frederik Sparre Willumsen (employee representative); Ingelise Bærentzen Melchiorsen (employee representative – substitute); Annette Pedersen (employee representative – substitute); and Daniel Fittussy (employee representative – substitute). Annuncio • Dec 12
NNIT A/S Announces Change in Board of Directors As employee-elected member Anders Vidstrup is leaving NNIT A/S effective December 12, 2023, he is succeeded by alternate Frederik Sparre Willumsen as employee-elected member of the Board of Directors. Annuncio • Nov 11
NNIT A/S Provides Earnings Guidance for the Year of 2023 NNIT A/S provided earnings guidance for the year of 2023. For the year, company expects revenue growth of around 15% and group operating profit margin excl. special items of around 6% is unchanged. Reported Earnings • Sep 01
First half 2023 earnings released: kr.1.33 loss per share (vs kr.3.23 loss in 1H 2022) First half 2023 results: kr.1.33 loss per share (improved from kr.3.23 loss in 1H 2022). Revenue: kr.837.0m (down 41% from 1H 2022). Net loss: kr.33.0m (loss narrowed 59% from 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Healthcare Services industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Annuncio • Aug 27
NNIT A/S Revises Earnings Guidance for the Year 2023 NNIT A/S revised earnings guidance for the year 2023. The company upgrades the full-year outlook and now expects to generate revenue growth of around 15% and an operating profit margin before special items of around 6% in 2023 against the previous expectations for revenue growth around 10% and an operating profit margin before special items of around 5%. Annuncio • May 05
NNIT A/S Provides Earnings Guidance for the Full Year of 2023 NNIT A/S provided earnings guidance for the full year of 2023. For the year, the company expects to generate revenue growth in its continuing activities of around 10%, not least from a solid trajectory in Custom Application Development services in CDS and Production IT services in LSS. Reported Earnings • Mar 25
Full year 2022 earnings released: kr.10.39 loss per share (vs kr.7.06 loss in FY 2021) Full year 2022 results: kr.10.39 loss per share (further deteriorated from kr.7.06 loss in FY 2021). Revenue: kr.1.50b (up 9.6% from FY 2021). Net loss: kr.258.0m (loss widened 47% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Board Change • Feb 02
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Caroline Serfass was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Jan 30
The Danish Business Authority Issues a Decision Requiring NNIT to Update its Accounting Treatment of Earn-Out Payments in the Annual Reports for 2020 and 2021 The Danish Business Authority has issued a decision requiring NNIT A/S to update its accounting treatment of earn-out payments in the annual reports for 2020 and 2021. The Danish Business Authority has conducted a compliance review of NNIT A/S' annual reports as stated in company announcement 12/2022. Following dialogue with NNIT, the Danish Business Authority has made a final decision affirming that the earn out payment related to the acquisition of Excellis Health Solutions should not be included in capitalized acquisition costs and goodwill, but instead expensed as remuneration as the earn out is in part subject to the selling shareholders' continued employment during the accrual period. In consequence, NNIT is required to update its accounting treatment of earn-out payment in the annual reports from goodwill to special items as outlined below. A similar approach will be applied to the recognition of earn out payments for other acquisitions, including SCALES, Valiance Partner, HGP Group, SL Controls and prime4services. The technical changes to historical accounting policies will have no impact on total cash flow or the planned divestment of NNIT's Infrastructure Operations Business. Impact on accumulated profit before tax: The preliminary accumulated profit before tax impact for the period 2017-2021 is approximately DKK 165 million, which will mainly increase special items. The future impact for 2022-2025 related to earn-out payments concerning the acquisition of Excellis Health Solutions and other acquiredcompanies is estimated in the range of DKK 100 million - DKK 150 million, depending on performance, and will increase special items only, with no impact on total cash flow. NNIT A/S intends to publish supplemental/corrective information to its annual report for 2021, including comparative numbers for 2020, as soon as possible. NNIT A/S disagrees with the decision and considers it to be of principled nature for strategic acquisitions in the Danish IT service industry, hence intends to appeal the decision to the Danish Commerce and Companies Appeals Board. Annuncio • May 13
NNIT A/S Announces Changes in Board of Directors NNIT A/S announced that Camilla Krabbe Kongsted Christensen steps down as employee-elected member of the Board of Directors as she has resigned to take on a position outside NNIT. She is succeeded by alternate Kenn Kikkenborg Jensen as member of the Board of Directors. Reported Earnings • May 07
First quarter 2022 earnings released: kr.1.31 loss per share (vs kr.1.25 profit in 1Q 2021) First quarter 2022 results: kr.1.31 loss per share (down from kr.1.25 profit in 1Q 2021). Revenue: kr.701.0m (down 4.1% from 1Q 2021). Net loss: kr.33.0m (down 207% from profit in 1Q 2021). Over the next year, revenue is forecast to grow 7.2%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Caroline Serfass was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 31
Full year 2021 earnings: Revenues miss analyst expectations Full year 2021 results: Revenue: kr.2.88b (up 1.7% from FY 2020). Net loss: kr.7.00m (down 109% from profit in FY 2020). Revenue missed analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 4.2%, compared to a 48% growth forecast for the industry in Germany. Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS kr.0.03 (vs kr.0.35 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: kr.698.0m (up 6.1% from 3Q 2020). Net loss: kr.10.0m (down 211% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 13
Second quarter 2021 earnings released: kr.1.22 loss per share (vs kr.0.57 profit in 2Q 2020) The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: kr.710.0m (up 1.3% from 2Q 2020). Net loss: kr.30.0m (down 314% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • Jul 07
NNIT A/S (CPSE:NNIT) acquired SL Controls Ltd. for €16.9 million. NNIT A/S (CPSE:NNIT) agreed to acquire SL Controls Ltd. for €16.9 million on July 5, 2021. The deal was completed earlier today and represents an enterprise value of €16.9 million which comprises an upfront payment of €12.7 million with an earn-out element of €4.2 million. All SL Controls staff and management will remain in place and joining forces with NNIT will enhance the ambitious growth plans previously announced by SL Controls. SL Controls was assisted during the acquisition by Deloitte Ireland, Philip Lee law firm and DFS&Co Accountants.
NNIT A/S (CPSE:NNIT) completed the acquisition of SL Controls Ltd. on July 5, 2021. Annuncio • Jun 30
NNIT A/S Updates Revenue Guidance for the Full Year of 2021 NNIT A/S updated revenue guidance for the full year of 2021. For the period, the company expects revenue growth of 1% to 4%. Reported Earnings • May 08
First quarter 2021 earnings released: EPS kr.1.25 (vs kr.1.43 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: kr.731.0m (up 1.2% from 1Q 2020). Net income: kr.31.0m (down 11% from 1Q 2020). Profit margin: 4.2% (down from 4.8% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Annuncio • May 07
NNIT A/S Provides Revenue Guidance for the Full Year of 2021 NNIT A/S provided revenue guidance for the full year of 2021. For the period, the company expects revenue growth of 1% to 4%. Annuncio • Mar 12
NNIT A/S Approves Dividend for the Year 2020 NNIT A/S at its annual general meeting approved that the dividend will be DKK 1.00 per share of a nominal value of DKK 10. Including interim dividend, a total of DKK 3.00 per share of a nominal value of DKK 10 is paid out for the financial year 2020. Upcoming Dividend • Mar 04
Upcoming Dividend of kr.1.00 Per Share Will be paid on the 15th of March to those who are registered shareholders by the 11th of March. The trailing yield of 1.9% is below the top quartile of German dividend payers (3.5%), but it is higher than industry peers (1.0%). Is New 90 Day High Low • Mar 02
New 90-day low: €13.84 The company is down 8.0% from its price of €15.00 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Healthcare Services industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.40 per share. Is New 90 Day High Low • Feb 02
New 90-day low: €13.86 The company is down 1.0% from its price of €14.00 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Healthcare Services industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €15.81 per share. Reported Earnings • Jan 30
Full year 2020 earnings released: EPS kr.3.07 (vs kr.7.44 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: kr.2.83b (down 7.5% from FY 2019). Net income: kr.76.0m (down 59% from FY 2019). Profit margin: 2.7% (down from 6.0% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 16% per year. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 6.5%, compared to a 19% growth forecast for the Healthcare Services industry in Germany. Is New 90 Day High Low • Oct 31
New 90-day low: €14.20 The company is down 8.0% from its price of €15.42 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Healthcare Services industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.55 per share. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of kr.116.0m, down 45% from the prior year. Total revenue was kr.2.88b over the last 12 months, down 6.4% from the prior year. Analyst Estimate Surprise Post Earnings • Oct 30
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 3.8% at kr.658.0m. Revenue is forecast to stay flat over the next year, compared to a 252% growth forecast for the Healthcare Services industry in Germany. Annuncio • Oct 30
NNIT A/S to Report Q1, 2021 Results on May 07, 2021 NNIT A/S announced that they will report Q1, 2021 results at 10:01 AM, GMT Standard Time on May 07, 2021