Vitec Software Group AB (publ) financials
Vitec Software Group AB (publ)
Country: SE Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
5493005EB5RV1QHE6H94 Financial statements
(SEK, as reported — unscaled; 110 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 3.33B | SEK 2.78B |
| Other income | SEK 91.2M | SEK 0 |
| Employee benefits expense | SEK 1.46B | SEK 1.29B |
| Operating profit (EBIT) | SEK 697.4M | SEK 590.1M |
| Finance costs | SEK 167.7M | SEK 128.4M |
| Profit before tax | SEK 540.9M | SEK 467.8M |
| Income tax expense | SEK 130.8M | SEK 128.6M |
| Profit for the year | SEK 410.1M | SEK 339.2M |
| — attributable to owners | SEK 410.1M | SEK 339.2M |
| Total comprehensive income | SEK 525.5M | SEK 264.3M |
| Per share | ||
| Basic EPS | SEK 10.74 | SEK 9.04 |
| Diluted EPS | SEK 10.74 | SEK 9.04 |
| Free cash flow / share | SEK 23.85 | SEK 18.09 |
| Cash flow statement | ||
| Net cash from operating activities | SEK 949.0M | SEK 718.4M |
| Net cash from investing activities | -SEK 1.96B | -SEK 1.68B |
| Purchase of PP&E (capex) | SEK 24.8M | SEK 25.8M |
| Purchase of intangibles | SEK 377.8M | SEK 351.1M |
| Net cash from financing activities | SEK 1.10B | SEK 489.9M |
| Proceeds from borrowings | SEK 833.6M | SEK 984.7M |
| Repayments of borrowings | SEK 610.1M | SEK 337.0M |
| Lease liability payments | SEK 74.1M | SEK 67.3M |
| Net change in cash | SEK 89.2M | -SEK 470.3M |
| Balance sheet | ||
| Total assets | SEK 10.08B | SEK 7.83B |
| Non-current assets | SEK 9.18B | SEK 7.09B |
| Property, plant & equipment | SEK 69.1M | SEK 59.6M |
| Right-of-use assets | SEK 112.5M | SEK 103.1M |
| Intangible assets & goodwill | SEK 5.04B | SEK 3.96B |
| Current assets | SEK 905.8M | SEK 737.9M |
| Inventories | SEK 3.6M | SEK 4.6M |
| Trade & other receivables | SEK 467.0M | SEK 438.2M |
| Cash & equivalents | SEK 243.6M | SEK 171.9M |
| Total equity | SEK 4.91B | SEK 3.41B |
| — attributable to owners | SEK 4.91B | SEK 3.41B |
| Non-current liabilities | SEK 3.74B | SEK 3.39B |
| Lease liabilities (non-current) | SEK 55.7M | SEK 48.0M |
| Current liabilities | SEK 1.44B | SEK 1.03B |
| Lease liabilities (current) | SEK 47.6M | SEK 46.6M |
| Deferred tax liabilities | SEK 812.8M | SEK 585.0M |
| Derived metrics | ||
| Free cash flow | SEK 924.2M | SEK 692.6M |
| Operating margin | 20.9% | 21.2% |
| Net margin | 12.3% | 12.2% |
| Return on equity | 8.4% | 10.0% |
| Cash conversion ratio | 2.31× | 2.12× |
| Capex coverage | 38.26× | 27.82× |
| Other reported items | ||
| Additional Paidin Capital | SEK 3.24B | SEK 2.14B |
| Adjusted Weighted Average Shares | 38.7M | 38.3M |
| Adjustments For Decrease Increase In Inventories | SEK 1.1M | -SEK 947.0K |
| Adjustments For Decrease Increase In Other Operating Receivables | -SEK 56.5M | SEK 31.5M |
| Adjustments For Decrease Increase In Trade Account Receivable | SEK 16.7M | -SEK 81.6M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 651.2M | SEK 473.6M |
| Adjustments For Increase Decrease In Other Operating Payables | -SEK 31.5M | -SEK 88.3M |
| Adjustments For Increase Decrease In Trade Account Payable | -SEK 4.7M | -SEK 10.1M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | SEK 354.0K | SEK 1.9M |
| Amortisation Intangible Assets Other Than Goodwill | SEK 559.3M | SEK 385.3M |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 1.02B | SEK 867.9M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 1.26B | SEK 1.04B |
| Comprehensive Income Attributable To Owners of Parent | SEK 525.5M | SEK 264.3M |
| Cost of Merchandise Sold | SEK 642.5M | SEK 436.6M |
| Current Accruals and Current Deferred Income Including Current Contract Liabilities | SEK 531.9M | SEK 461.1M |
| Current Prepayments and Current Accrued Income Including Current Contract Assets | SEK 117.5M | SEK 91.3M |
| Current Secured Bank Loans Received and Current Portion of Noncurrent Secured Bank Loans Received | SEK 60.1M | SEK 2.7M |
| Current Tax Assets Current | SEK 69.0M | SEK 24.8M |
| Current Tax Liabilities Current | SEK 55.3M | SEK 41.0M |
| Deferred Tax Assets | SEK 9.4M | SEK 7.3M |
| Depreciation Property Plant and Equipment | SEK 91.9M | SEK 88.2M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | SEK 109.2M | SEK 82.7M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | SEK 154.3M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 3.60 | — |
| Dividends Recognised As Distributions To Owners Per Share | SEK 3.00 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -SEK 17.5M | SEK 26.3M |
| Equity and Liabilities | SEK 10.08B | SEK 7.83B |
| Finance Income | SEK 11.2M | SEK 6.1M |
| Gains Losses On Exchange Differences On Translation Before Tax | SEK 170.3M | -SEK 107.2M |
| Income Tax Relating To Hedges of Net Investments In Foreign Operations of Other Comprehensive Income | -SEK 14.8M | SEK 8.5M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | SEK 611.0K | -SEK 190.0K |
| Income Taxes Paid Refund Classified As Operating Activities | SEK 124.3M | SEK 109.8M |
| Intangible Assets Other Than Goodwill | SEK 3.88B | SEK 2.92B |
| Interest Paid Classified As Operating Activities | SEK 120.8M | SEK 94.0M |
| Interest Received Classified As Operating Activities | SEK 11.2M | SEK 6.1M |
| Issued Capital | SEK 4.0M | SEK 3.8M |
| Licence Fee Income | SEK 47.3M | SEK 46.9M |
| Noncurrent Financial Liabilities At Fair Value Through Profit Or Loss | SEK 635.5M | SEK 607.0M |
| Noncurrent Portion of Noncurrent Secured Bank Loans Received | SEK 2.15B | SEK 1.96B |
| Noncurrent Portion of Other Noncurrent Borrowings | SEK 79.6M | SEK 187.4M |
| Noncurrent Provisions For Employee Benefits | SEK 4.2M | SEK 2.8M |
| Other Adjustments To Reconcile Profit Loss | -SEK 91.2M | SEK 0 |
| Other Comprehensive Income | SEK 115.4M | -SEK 74.9M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | SEK 2.8M | -SEK 865.0K |
| Other Comprehensive Income Before Tax Hedges of Net Investments In Foreign Operations | -SEK 71.9M | SEK 41.4M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | SEK 113.2M | -SEK 74.3M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | SEK 2.2M | -SEK 675.0K |
| Other Current Borrowings and Current Portion of Other Noncurrent Borrowings | SEK 152.1M | SEK 10.6M |
| Other Current Liabilities | SEK 520.6M | SEK 410.7M |
| Other Current Receivables | SEK 5.3M | SEK 7.1M |
| Other Expense By Nature | SEK 354.0K | SEK 1.9M |
| Other Noncurrent Financial Assets | SEK 70.9M | SEK 43.6M |
| Other Reserves | SEK 236.7M | SEK 123.5M |
| Other Revenue | SEK 64.9M | SEK 41.4M |
| Other Work Performed By Entity and Capitalised | SEK 369.0M | SEK 348.4M |
| Payments For Share Issue Costs | SEK 18.8M | SEK 273.0K |
| Payments To Acquire Or Redeem Entitys Shares | SEK 49.8M | SEK 7.5M |
| Proceeds From Issuing Other Equity Instruments | SEK 0 | SEK 21.0K |
| Proceeds From Issuing Shares | SEK 1.13B | SEK 0 |
| Purchase of Interests In Associates | SEK 28.0M | SEK 15.9M |
| Retained Earnings | SEK 1.43B | SEK 1.14B |
| Revenue and Operating Income | SEK 3.43B | SEK 2.78B |
| Revenue From Rendering of Information Technology Consulting Services | SEK 344.3M | SEK 343.3M |
| Revenue From Rendering of Information Technology Maintenance and Support Services | SEK 2.88B | SEK 2.35B |
| Trade and Other Current Payables To Trade Suppliers | SEK 72.1M | SEK 57.3M |
| Weighted Average Shares | 38.2M | 37.5M |
Methodology
Every line item above is a fact tagged in Vitec Software Group AB (publ)'s annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.