Danish (OMX) IT Industry Analysis

Industry Valuation and Performance

Has the Danish IT Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 18 Aug 2026	DKK 18.5b	DKK 12.6b	DKK 525.8m	31.8x	35.1x	1.5x
Thu, 16 Jul 2026	DKK 17.4b	DKK 11.9b	DKK 384.7m	39x	45.4x	1.5x
Sat, 13 Jun 2026	DKK 18.1b	DKK 11.9b	DKK 382.7m	45.9x	47.4x	1.5x
Mon, 11 May 2026	DKK 19.0b	DKK 11.9b	DKK 381.1m	50x	49.8x	1.6x
Wed, 08 Apr 2026	DKK 20.7b	DKK 11.2b	DKK 357.0m	49.3x	58x	1.8x
Fri, 06 Mar 2026	DKK 18.2b	DKK 11.3b	DKK 378.6m	34.5x	48.2x	1.6x
Sun, 01 Feb 2026	DKK 18.5b	DKK 10.7b	DKK 377.0m	38.5x	49.1x	1.7x
Tue, 30 Dec 2025	DKK 19.6b	DKK 10.7b	DKK 379.1m	30.6x	51.6x	1.8x
Thu, 27 Nov 2025	DKK 17.6b	DKK 10.7b	DKK 379.0m	31.7x	46.5x	1.7x
Sat, 25 Oct 2025	DKK 16.7b	DKK 10.1b	DKK 598.9m	27.4x	27.8x	1.6x
Mon, 22 Sep 2025	DKK 15.0b	DKK 10.1b	DKK 598.8m	25.5x	25x	1.5x
Wed, 20 Aug 2025	DKK 15.7b	DKK 10.1b	DKK 592.9m	27.5x	26.5x	1.5x
Fri, 18 Jul 2025	DKK 15.8b	DKK 10.0b	DKK 666.0m	25.6x	23.8x	1.6x
Sun, 15 Jun 2025	DKK 17.3b	DKK 10.0b	DKK 667.7m	27.4x	26x	1.7x
Tue, 13 May 2025	DKK 17.9b	DKK 10.1b	DKK 665.6m	28.6x	26.9x	1.8x
Thu, 10 Apr 2025	DKK 15.4b	DKK 9.9b	DKK 657.0m	24.8x	23.4x	1.6x
Sat, 08 Mar 2025	DKK 17.4b	DKK 9.9b	DKK 619.7m	29.5x	28x	1.8x
Mon, 03 Feb 2025	DKK 17.3b	DKK 9.8b	DKK 629.3m	29.4x	27.5x	1.8x
Wed, 01 Jan 2025	DKK 19.1b	DKK 9.8b	DKK 576.8m	35x	33.1x	2x
Fri, 29 Nov 2024	DKK 19.9b	DKK 9.7b	DKK 574.9m	37.5x	34.6x	2x
Sun, 27 Oct 2024	DKK 18.1b	DKK 9.6b	DKK 511.5m	39.5x	35.4x	1.9x
Tue, 24 Sep 2024	DKK 18.6b	DKK 9.6b	DKK 511.4m	36.9x	36.3x	1.9x
Thu, 22 Aug 2024	DKK 17.8b	DKK 9.5b	DKK 518.0m	26x	34.3x	1.9x
Sat, 20 Jul 2024	DKK 17.2b	DKK 9.4b	DKK 432.3m	26.4x	39.9x	1.8x
Mon, 17 Jun 2024	DKK 19.2b	DKK 9.4b	DKK 421.9m	24.4x	45.5x	2x
Wed, 15 May 2024	DKK 18.8b	DKK 9.3b	DKK 401.2m	36.5x	46.9x	2x
Fri, 12 Apr 2024	DKK 17.5b	DKK 9.3b	DKK 411.8m	33.2x	42.4x	1.9x
Sun, 10 Mar 2024	DKK 17.9b	DKK 9.2b	DKK 433.1m	25.7x	41.3x	1.9x
Tue, 06 Feb 2024	DKK 17.9b	DKK 9.2b	DKK 378.1m	37.2x	47.2x	1.9x
Thu, 04 Jan 2024	DKK 14.4b	DKK 9.1b	DKK 527.2m	25.9x	27.3x	1.6x
Sat, 02 Dec 2023	DKK 13.9b	DKK 9.1b	DKK 527.2m	25.3x	26.3x	1.5x
Mon, 30 Oct 2023	DKK 14.1b	DKK 8.9b	DKK 629.8m	24.4x	22.4x	1.6x
Wed, 27 Sep 2023	DKK 16.5b	DKK 8.9b	DKK 629.8m	27.5x	26.2x	1.8x
Fri, 25 Aug 2023	DKK 16.1b	DKK 8.9b	DKK 635.8m	24.4x	25.4x	1.8x

Current Industry PE

Investors are relatively neutral on the Danish IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 36.5x.

The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the IT industry have declined 6.1% per year over the last three years.
Meanwhile revenues for these companies have grown 12% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Danish Tech industry?


DK Market	1.73%
Tech	0.66%
IT	0.53%
IT Consulting	0.53%
Internet Services and Infrastructure	0%	0

Industry PE

Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 35.8x.

Analysts are expecting annual earnings growth of 33.7%, which is higher than its past year's earnings decline of 10.2% per year.

Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 35.8x.

Forecasted Growth

Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 34% over the next 5 years.
This is better than its past earnings decline of 10% per year.

In contrast, the IT Consulting industry is expected to see its earnings grow by 34% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	NETC Netcompany Group	DKK 333.20	1.4% +DKK 205.2m	36.4%	PE35.4x

Company

Last Price

Valuation

NETC Netcompany Group

DKK 333.20

1.4%
+DKK 205.2m

36.4%

PE35.4x

Wirtek A/S (CPSE:WIRTEK) completed the acquisition of Content Technologies ApS from Kms Invest Aps. and others for DKK 9.1 million.

Wirtek A/S (CPSE:WIRTEK) as entered into a comprehensive non-binding agreement to acquire Content Technologies ApS from Kms Invest Aps. and others on June 11, 2026. The consideration will be paid in cash. Part of the consideration is fixed and paid at closing; the remainder is structured as a multi-year earn-out linked to the recurring-revenue performance of the acquired company in the financial years 2026, 2027 and 2028, and is paid in cash. For each of the three years, the earn-out is calculated as a guaranteed minimum payment, plus 35% of the ARR achieved between the Tier 1 threshold and the Tier 2 target for that year, plus 60% of the ARR achieved above the Tier 2 target. The earn-out is uncapped; any additional payment is driven by, and funded from, corresponding growth in DitaExchange’s recurring revenue. The fixed part of the payment is DKK 6 million, paid at closing and adjusted for the acquired cash position. The final purchase price will thus be at least DKK 7.5 million, consisting of the fixed payment of DKK 6 million and the guaranteed minimum earn-out of DKK 1.5 million. If ARR develops exactly in line with the Tier 2 targets, corresponding to an average annual ARR growth of approximately 30%, the total earn-out will be approximately DKK 3.1 million and the total consideration approximately DKK 9.1 million. The acquisition includes its US subsidiary DITA Exchange, Inc. Kent Mousten Sørensen stepped down as Chairman of the Board of Directors on 12 August 2026 and continues as an ordinary member of the Board. Martin Dommerby Kristiansen, a member of the Board since 2023, was elected Chairman pursuant to section 122 of the Danish Companies Act and article 9.4 of Wirtek’s Articles of Association. The composition of the Board of Directors is otherwise unchanged. The DitaExchange team continues in the business and will draw on the Wirtek Group’s shared services. The transaction is conditional upon a satisfactory due-diligence result and the negotiation of a binding share purchase agreement. The final closing of the acquisition is planned for July 2026. Wirtek has, together with its advisers, performed a thorough and successful due diligence of DitaExchange over the last months. Wirtek A/S (CPSE:WIRTEK) completed the acquisition of Content Technologies ApS from Kms Invest Aps. and others for DKK 9.1 million on August 12, 2026.

Danish (OMX) IT Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Earnings Update: Netcompany Group A/S (CPH:NETC) Just Reported Its Half-Yearly Results And Analysts Are Updating Their Forecasts

Trifork Group AG Reiterates Earnings Guidance for 2026

Wirtek A/S (CPSE:WIRTEK) completed the acquisition of Content Technologies ApS from Kms Invest Aps. and others for DKK 9.1 million.

Now 25% overvalued

First quarter 2026 earnings released: EPS: kr.0.082 (vs kr.0.20 in 1Q 2025)