OverviewSuggest Edit

adesso is a company that specializes in IT services. It operates through two segments: IT Services and IT Solutions. The former segment offers customized, project-oriented services in the areas of consulting and software development, while the latter markets solutions as homegrown products or standard software products.

TypePublic
Founded1997
HQDortmund, DE
Websiteadesso-group.de
Employee Ratings4.1

Latest Updates

Employees (est.) (Jun 2021)5,309(+5%)
Revenue (FY, 2020)€523.4 M(+17%)
Share Price (Oct 2021)€163
Cybersecurity ratingAMore
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Key People/Management at adesso

Michael Kenfenheuer

Michael Kenfenheuer

Chief executive officer
Volker Gruhn

Volker Gruhn

Chairman of the Supervisory Board
Friedrich Wöbking

Friedrich Wöbking

Member of the Supervisory Board (Vice-Chairman)
Dirk Pothen

Dirk Pothen

Member of the Executive Board
Andreas Prenneis

Andreas Prenneis

Member of the Executive Board
Stefan Riedel

Stefan Riedel

Board member
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adesso Office Locations

adesso has offices in Dortmund, Aachen, Berlin, Bonn and in 40 other locations
Dortmund, DE (HQ)
Kohlensiepenstraße 1
Aachen, DE
Jülicher Str. 116
Berlin, DE
Am Borsigturm 29
Berlin, DE
Rotherstraße
Bonn, DE
Joseph-Schumpeter-Allee 1
Bremen, DE
Katharinenstraße 5
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adesso Financials and Metrics

adesso Revenue

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adesso's revenue was reported to be €523.38 m in FY, 2020 which is a 16.4% increase from the previous period.
EUR

Revenue (H1, 2021)

322.4m

Gross profit (H1, 2021)

285.9m

Gross profit margin (H1, 2021), %

88.7%

Net income (H1, 2021)

30.5m

EBITDA (H1, 2021)

55.7m

EBIT (H1, 2021)

39.6m

Market capitalization (13-Oct-2021)

997.6m

Closing stock price (13-Oct-2021)

163.0

Cash (30-Jun-2021)

29.4m

EV

1.1b
adesso's current market capitalization is €997.6 m.
Annual
EURFY, 2018FY, 2019FY, 2020

Revenue

375.5m449.7m523.4m

Revenue growth, %

17%20%16%

Cost of goods sold

43.3m50.5m62.6m

Gross profit

332.2m399.2m460.8m
Half Year
EURH1, 2019H1, 2020H1, 2021

Revenue

213.3m246.1m322.4m

Cost of goods sold

24.6m30.3m36.5m

Gross profit

188.7m215.8m285.9m

Gross profit Margin, %

88%88%89%
Annual
EURFY, 2018FY, 2019FY, 2020

Cash

45.9m46.4m55.1m

Accounts Receivable

80.3m86.3m92.8m

Current Assets

146.2m162.0m183.7m

PP&E

9.9m14.3m18.1m
Half Year
EURH1, 2019H1, 2020H1, 2021

Cash

27.9m34.8m29.4m

Accounts Receivable

103.2m83.7m110.3m

Current Assets

155.9m174.6m211.9m

PP&E

13.9m15.5m23.1m
Annual
EURFY, 2018FY, 2019FY, 2020

Net Income

13.3m17.5m20.9m

Depreciation and Amortization

9.1m22.6m26.2m

Cash From Operating Activities

16.6m22.3m65.0m

Purchases of PP&E

(5.4m)(9.1m)(9.3m)
Half Year
EURH1, 2019H1, 2020H1, 2021

Net Income

4.1m5.5m30.5m

Depreciation and Amortization

10.5m12.5m16.0m

Cash From Operating Activities

(12.2m)7.9m(18.9m)

Purchases of PP&E

(6.1m)(3.9m)(7.7m)
EURFY, 2018

Revenue/Employee

121.0k

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

2.9 x
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adesso Operating Metrics

FY, 2018FY, 2019FY, 2020

Countries

89

Order Backlog

€29.89 m€56.75 m€60.82 m
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adesso Acquisitions / Subsidiaries

Company NameDateDeal Size
Reachbird AGJune 28, 2021€1.11 m
KIWI ConsultingJune 23, 2021€16.26 m
management systems GmbHApril 29, 2019
Sunny Trail ConsultingDecember 05, 2018
SunnyTrail Consulting S.L.December 03, 2018
Fabis Sales Solutions GmbH & Co.KGFebruary 08, 2018
Fabis Verwaltung GmbHFebruary 08, 2018
com2m GmbHJanuary 11, 2018
UnitConFebruary 13, 2017
SP IntegrationSeptember 06, 2016
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adesso Revenue Breakdown

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adesso revenue breakdown by business segment: 96.4% from Services and 3.6% from Other

adesso revenue breakdown by geographic segment: 78.9% from Germany, 13.9% from Switzerland and 7.2% from Other

Human Capital Metrics

adesso's employees are reported to be approximately 21% female and 79% male.
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adesso Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

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adesso Online and Social Media Presence

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adesso News and Updates

Adesso Revenue Jumps 31 %, Says Has Chance of Exceeding Guidance

Adesso half year revenue EUR 322.4 million.

adesso partners with INTAS.tech

ermany-based IT service management company adesso has announced partnering with digital asset management consultancy company INTAS.tech for blockchain-based market infrastructures in the financial sector.

adesso supports Swiss insurance group Mobiliar with its digitalisation strategy

adesso Austria and adesso Schweiz, two national subsidiaries of adesso SE, have joined forces to serve as a strong partner for the major digitalisation initiative of Mobiliar, a Swiss insurance company. adesso’s eight-person team is part of this digitalisation project and is developing code for auto…

Hochschule Fresenius University of Applied Sciences and IT service provider adesso found adesso School of Digital HealthDortmund/CologneDortmund/Cologne

The newly founded adesso School of Digital Health is an initiative established by IT service provider adesso as part of the Hochschule Fresenius. With the initiative’s two partners pooling their competencies, students will benefit from the Hochschule Fresenius’ expertise as well as the practical, pr…

adesso SE acquires majority stake in KIWI Consulting EDV-Beratung GmbH / Bundling and strengthening of competencies in the field of banks and public clients

adesso has concluded an agreement with the shareholders of KIWI Consulting EDV-Beratung GmbH (KIWI Consulting) to acquire 70% of the shares. The debt-free, growing and profitable company from Walldorf achieved a turnover of over EUR 27 million and an EBIT of around EUR 3.4 million in 2020.

adesso, a partner of the Leipzig Book Fair, designs the platform for Leipzig liest extra

The Leipzig liest extra reading festival starts today as part of the Leipzig Book Fair. The public fair, which normally sees thousands of exhibitors and visitors, was forced to cancel due to the pandemic. This year’s fair has been replaced with Leipzig liest extra: a cultural event held in a hybrid …
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adesso Frequently Asked Questions

  • When was adesso founded?

    adesso was founded in 1997.

  • Who are adesso key executives?

    adesso's key executives are Michael Kenfenheuer, Volker Gruhn and Friedrich Wöbking.

  • How many employees does adesso have?

    adesso has 5,309 employees.

  • What is adesso revenue?

    Latest adesso annual revenue is €523.4 m.

  • What is adesso revenue per employee?

    Latest adesso revenue per employee is €98.6 k.

  • Who are adesso competitors?

    Competitors of adesso include Viastore, All for One and Materna.

  • Where is adesso headquarters?

    adesso headquarters is located at Kohlensiepenstraße 1, Dortmund.

  • Where are adesso offices?

    adesso has offices in Dortmund, Aachen, Berlin, Bonn and in 40 other locations.

  • How many offices does adesso have?

    adesso has 50 offices.