Stock VIT B VITEC SOFTWARE GROUP AB
Add to a list
To use this feature you must be a member
Log inSign up

Company Vitec Software Group AB

Equities

VIT B

SE0007871363

Software

Market Closed - Nasdaq Stockholm
Other stock markets
 08:59:52 26/04/2024 pm IST 		5-day change 1st Jan Change
518.5 SEK +3.87% Intraday chart for Vitec Software Group AB +1.47% -11.44%
18/04 Transcript : Vitec Software Group AB, Q1 2024 Earnings Call, Apr 18, 2024
18/04 Vitec Software Group AB Reports Earnings Results for the First Quarter Ended March 31, 2024 CI

Business Summary

Vitec Software Group AB (publ) is a Sweden-based company that produces software products. The Company's offer consists of software solutions, consulting services and support services. The Company operates through six business areas. The Brokerage area offers software for real estate brokers. The Real Estate area offers software for property managers. The Media area offers the Balance business system, which supports the administrative processes of the Company’s customers’ companies. The Energy area provides software for forecasting of electricity, heat and wind power; technical management and maintenance of the distribution networks. The Capitex area offers software for banks and insurance companies. The 3L System area offers software for construction, real estate and yellow pages companies. The Company's subsidiaries include Futursoft OY, AutoData Norge AS, Tietomitta OY, Aloc A/S, Norwegian Fox Publish AS, Norwegian Insurance Computer Environment AS (Nice AS) and MV-Nordic A/S.

Number of employees: 1,500

Sales per Business

SEK in Million2022Weight2023Weight Delta
Repetitive
84.5 %
1,631 82.5 % 2,346 84.5 % +43.82%
Service
12.4 %
254 12.8 % 343 12.4 % +35.34%
License
1.7 %
54 2.8 % 47 1.7 % -13.99%
Other
1.5 %
39 2.0 % 41 1.5 % +6.63%

Sales per region

SEK in Million2022Weight2023Weight Delta
Sweden
24.7 %
620 31.3 % 686 24.7 % +10.66%
Finland
19.6 %
385 19.5 % 544 19.6 % +41.16%
Norway
15.2 %
397 20.0 % 424 15.2 % +6.81%
Netherlands
15.1 %
104 5.3 % 420 15.1 % +303.94%
Denmark
13.4 %
308 15.6 % 371 13.4 % +20.42%
Other
7.2 %
88 4.4 % 200 7.2 % +128.13%
United States
4.8 %
77 3.9 % 133 4.8 % +73.05%

Managers

Managers TitleAgeSince
Stig Olle Backman CEO
 Chief Executive Officer 55 01/19/01
Lars Emanuel Stenlund FOU
 Founder 66 01/85/01
Sarah Nilsson DFI
 Director of Finance/CFO - 29/21/29
Gert Gustafsson COO
 Chief Operating Officer 51 01/20/01
Jerker Vallbo CTO
 Chief Tech/Sci/R&D Officer 60 01/88/01
Patrik Fransson IRC
 Investor Relations Contact 58 01/11/01
Anna Andersson HRO
 Human Resources Officer 50 01/17/01
Svein Westengen PRN
 Corporate Officer/Principal - 01/14/01

Members of the board

Members of the board TitleAgeSince
Kerstin Birgitta Johansson-Hedberg BRD
 Director/Board Member 77 01/11/01
Kaj-Gustaf Tryggve A Sandart BRD
 Director/Board Member 71 01/98/01
Jan Jacob Friedman BRD
 Director/Board Member 72 01/10/01
Lars Emanuel Stenlund FOU
 Founder 66 01/85/01
Malin Ruijsenaars BRD
 Director/Board Member 53 01/23/01
Anna Valtonen BRD
 Director/Board Member 50 01/12/01
Stig Olle Backman CEO
 Chief Executive Officer 55 01/19/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,490,000 0 0 82.52 %
Stock B 1 35,045,487 30,974,595 ( 88.38 %) 0

Shareholders

NameEquities%Valuation
Thomas Eklund
4.789 %
1,670,805 4.789 % 87 M kr
Lannebo Fonder AB
4.283 %
1,494,288 4.283 % 78 M kr
Cliens Kapitalförvaltning AB
4.225 %
1,474,066 4.225 % 77 M kr
Swedbank Robur Fonder AB
4.182 %
1,458,951 4.182 % 76 M kr
Didner & Gerge Fonder AB
3.550 %
1,238,454 3.550 % 64 M kr
Sven Martin Vilhelm Gren
2.960 %
1,032,655 2.960 % 54 M kr
ODIN Forvaltning AS (Sweden)
1.820 %
635,000 1.820 % 33 M kr
Utah Retirement Systems
1.745 %
608,603 1.745 % 32 M kr
Alfred Berg Kapitalförvaltning AB
1.591 %
555,090 1.591 % 29 M kr
Länsförsäkringar Fondförvaltning AB
1.490 %
519,719 1.490 % 27 M kr
NameEquities%Valuation
Lars Emanuel Stenlund
20.89 %
1,170,000 20.89 % 61 M kr
Bernt Olov Sandberg
20.00 %
1,120,000 20.00 % 58 M kr
Jerker Vallbo
3.571 %
200,000 3.571 % 10 M kr
Dimensional Fund Advisors Ltd.
0.0318 %
1,783 0.0318 % 92 713 kr

Company contact information

Vitec Software Group AB

Tvistevägen 47A

907 29, Umeå

+46 90 15 49 00

http://www.vitecsoftware.com
address Vitec Software Group AB(VIT B)

Sector

Technology
Software & IT Services
Software & IT Services
Software
Enterprise Software

Sales per Business

Sales per region

Ratings for Vitec Software Group AB

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
518.5 SEK
Average target price
576 SEK
Spread / Average Target
+11.09%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Enterprise Software

1st Jan change Capi.
VITEC SOFTWARE GROUP AB Stock Vitec Software Group AB
-11.44% 1.78B
ORACLE CORPORATION Stock Oracle Corporation
+11.17% 322B
SAP SE Stock SAP SE
+24.75% 216B
SERVICENOW, INC. Stock ServiceNow, Inc.
+2.41% 149B
CONSTELLATION SOFTWARE INC. Stock Constellation Software Inc.
+10.65% 56.27B
HUBSPOT, INC. Stock HubSpot, Inc.
+8.71% 32.13B
FAIR ISAAC CORPORATION Stock Fair Isaac Corporation
-4.57% 27.45B
MICROSTRATEGY INCORPORATED Stock MicroStrategy Incorporated
+103.03% 22.62B
WISETECH GLOBAL LIMITED Stock WiseTech Global Limited
+20.22% 19.55B
TRIMBLE, INC. Stock Trimble, Inc.
+13.06% 14.69B
Enterprise Software
  1. Stock Market
  2. Equities
  3. VIT B Stock
  4. Company Vitec Software Group AB