OverviewSuggest Edit

NNIT is a company operating as an information technology service provider. It offers application and infrastructure outsourcing, IT consultancy, business solutions, and cybersecurity services. The company serves life sciences, enterprise, finance, public, and healthcare industries.
TypePublic
Founded1994
HQSøborg, DK
Websitennit.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Mar 2020)3,086(-3%)
Revenue (FY, 2019)KR3.1 B(+2%)
Share Price (Nov 2021)KR113.6
Cybersecurity ratingBMore
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Key People/Management at NNIT

Carsten Dilling

Carsten Dilling

Chairman
Pernille Fabricius

Pernille Fabricius

Executive Vice President, CFO
Brit Kannegaard Johannessen

Brit Kannegaard Johannessen

Senior Vice President for People, Communications, Marketing & Quality
Ricco Larsen

Ricco Larsen

Senior Vice President of Life Sciences
Eivind Kolding

Eivind Kolding

Board Member ​​​​
Jacob Hahn Michelsen

Jacob Hahn Michelsen

Senior Vice President of Private & Public
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NNIT Office Locations

NNIT has offices in Søborg, Aarhus, Silkeborg, Princeton and in 5 other locations
Søborg, DK (HQ)
3A Østmarken
Aarhus, DK
Hedeager 1, 2. sal
Silkeborg, DK
Ørstedsvej 3
Prague, CZ
Explora Jupiter Bucharova 2641/14 2.NP
Frankfurt am Main, DE
Theodor-Heuss-Allee 112
Makati, PH
10F 2251 IT Hub, Chino Roces Ave
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NNIT Financials and Metrics

NNIT Revenue

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NNIT's revenue was reported to be kr3.06 b in FY, 2019 which is a 1.7% increase from the previous period.
DKK

Revenue (FY, 2019)

3.1b

Revenue growth (FY, 2018 - FY, 2019), %

1.7%

Gross profit (FY, 2019)

475.0m

Gross profit margin (FY, 2019), %

15.5%

Net income (FY, 2019)

183.0m

EBIT (FY, 2019)

215.0m

Market capitalization (10-Nov-2021)

2.8b

Closing stock price (10-Nov-2021)

113.6

Cash (31-Dec-2019)

122.0m

EV

3.3b
NNIT's current market capitalization is kr2.8 b.
Annual
DKKFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.8b2.9b3.0b3.1b

Revenue growth, %

5%4%2%

Cost of goods sold

2.2b2.4b2.5b2.6b

Gross profit

541.6m529.4m541.2m475.0m
Quarterly
Annual
DKKFY, 2016FY, 2017FY, 2018FY, 2019

Cash

173.9m74.6m107.5m122.0m

Accounts Receivable

604.6m574.8m500.6m627.0m

Inventories

139.2m124.4m152.8m142.0m

Current Assets

1.1b956.8m963.6m1.1b
Annual
DKKFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

215.7m216.5m235.6m183.0m

Depreciation and Amortization

144.4m152.3m247.5m259.0m

Cash From Operating Activities

362.8m347.2m438.7m465.0m

Purchases of PP&E

(164.6m)(326.6m)(146.2m)(134.0m)
DKKQ1, 2016

Financial Leverage

1.8 x
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NNIT Operating Metrics

Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Twelve-Month Backlog

kr2.28 bkr2.52 bkr2.66 bkr2.09 bkr2.38 bkr2.66 bkr2.75 bkr2.21 bkr2.49 bkr2.68 bkr2.85 bkr2.17 bkr2.52 bkr2.73 bkr2.92 bkr2.04 b
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NNIT Acquisitions / Subsidiaries

Company NameDateDeal Size
Valiance PartnersOctober 09, 2018
SCALES GroupMay 17, 2017
NNIT Czech Republic s.r.o.
NNIT Germany GmbH
NNIT Inc.
NNIT IT-Services (Thailand) Limited
NNIT Philippines Inc.
NNIT Switzerland AG
NNIT (Tianjin) Technology Co.Ltd.
NNIT UK Ltd.
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NNIT Revenue Breakdown

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NNIT revenue breakdown by business segment: 50.6% from Life Sciences, 26.2% from Enterprise, 12.8% from Public and 10.4% from Finance

NNIT revenue breakdown by geographic segment: 81.5% from Denmark and 18.5% from Outside Denmark

NNIT Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

NNIT Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

NNIT Online and Social Media Presence

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NNIT News and Updates

NNIT A/S: 09/2021 Financial report for the first nine months of 2021

Company announcement 09/2021: Financial report for the first nine months of 2021

NNIT A/S: 08/2021 Financial report for the first six months of 2021

Company announcement 08/2021: Financial report for the first six months of 2021

NNIT A/S: 07/2021 The NNIT Group renews infrastructure management agreement with Novo Nordisk and adjusts the company’s financial outlook

The NNIT Group renews infrastructure management agreement with Novo Nordisk and adjusts the company’s financial outlook

Nnit A/s: 06/2021 New CEO to drive NNIT’s continued strategic journey

New CEO to drive NNIT’s continued strategic journeyToday, NNIT’s Board of Directors have entered into an agreement with Pär Fors who will join NNIT as CEO as of June 14, 2021. Pär Fors will replace Per Kogut who has served as NNIT’s CEO since 2007.

NNIT A/S: 4/2021 Resolutions from the annual general meeting of NNIT A/S

Company announcement 4/2021Søborg/Copenhagen, March 10, 2021
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NNIT Frequently Asked Questions

  • When was NNIT founded?

    NNIT was founded in 1994.

  • Who are NNIT key executives?

    NNIT's key executives are Carsten Dilling, Pernille Fabricius and Brit Kannegaard Johannessen.

  • How many employees does NNIT have?

    NNIT has 3,086 employees.

  • What is NNIT revenue?

    Latest NNIT annual revenue is kr3.1 b.

  • What is NNIT revenue per employee?

    Latest NNIT revenue per employee is kr990.9 k.

  • Who are NNIT competitors?

    Competitors of NNIT include Virtusa, Ciber and Endava.

  • Where is NNIT headquarters?

    NNIT headquarters is located at 3A Østmarken, Søborg.

  • Where are NNIT offices?

    NNIT has offices in Søborg, Aarhus, Silkeborg, Princeton and in 5 other locations.

  • How many offices does NNIT have?

    NNIT has 10 offices.