Nasdaq CopenhagenIFRS · DKK

7N A/S

7N A/S is a Denmark-based professional services company that supplies specialized IT consultants and advisory capacity to clients through a network-based staffing model. The business appears to connect highly skilled technology specialists with organizations that need temporary or project-based expertise.

Revenue1,547m DKK
+2.1 %y/y
Operating profit (EBIT)131m DKK
+124.8 %y/y
EBIT margin8.5%
+4.6 ppy/y
Net income114m DKK
+182.0 %y/y
Free cash flow43.7m DKK
+10.0 %y/y

Fiscal year 2024 · change from previous year

Development 2019–2024

05001,0001,5002,000m DKK2019: 1,028 m DKK2019: EBIT 46 m DKK20192020: 1,050 m DKK2020: EBIT 53 m DKK20202021: 1,243 m DKK2021: EBIT 54 m DKK20212022: 1,414 m DKK2022: EBIT 44 m DKK20222023: 1,515 m DKK2023: EBIT 58 m DKK20232024: 1,547 m DKK2024: EBIT 131 m DKK20241,547131
RevenueOperating profit (EBIT)

Business

Share of revenue
IT consulting45 %

Specialist technology advisory and implementation support delivered by consultants.

Consultant staffing40 %

Placement of external IT specialists into client projects and assignments.

Advisory services15 %

Higher-value expert support for planning, delivery, and problem solving.

Customers

7N serves organizations that need flexible access to experienced IT specialists rather than permanent hires. Typical buyers are corporate and public-sector clients running technology projects, transformation programs, or hard-to-fill specialist assignments.

Enterprise clients

Buy IT consultants and advisory support for transformation, delivery, and specialist roles.

Public sector

Uses consultants for digital projects, systems work, and scarce technical skills.

Project-based buyers

Purchase temporary specialist capacity when internal teams lack a skill set or bandwidth.

Strategy

The company’s strategy is likely centered on maintaining a strong pool of specialized consultants and matching them efficiently to client demand. In this business model, commercial success depends on utilization, consultant quality, and the ability to win repeat project work from corporate and public-sector customers.

Strengthen consultant supplyShort term

Access to scarce specialists is the core asset in a staffing-led model.

Increase client repeat businessMedium term

Recurring assignments improve demand visibility and reduce sales friction.

Focus on high-value nichesMedium term

Specialized expertise improves differentiation versus generalist staffing firms.

Geography

7N is headquartered in Denmark and appears primarily tied to the Nordic market. Its operating model depends on the geography of client demand and consultant availability, which typically favors nearby labor markets and regional customer relationships.

Risks

The main risks are dependence on consultant utilization, competition for scarce IT talent, and client spending cycles tied to technology project demand. As a services business, margins and growth are sensitive to bench time, pricing pressure, and the ability to keep skilled consultants engaged on billable work.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Low consultant utilization1Scarcity of IT talent2Client project cyclicality3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Low consultant utilizationImpact: HighLikelihood: High

    Revenue depends on placing specialists into billable assignments.

    Exposure: Consulting and staffing delivery

  2. Scarcity of IT talentImpact: HighLikelihood: High

    The business relies on securing in-demand specialists to serve clients.

    Exposure: Recruitment and retention

  3. Client project cyclicalityImpact: MediumLikelihood: Medium

    Technology spend can be delayed when customers pause transformation work.

    Exposure: Enterprise and public-sector demand

Accounting

Judgemental items
Time-and-materials revenue recognition

Revenue follows consultant hours and project progress, so timing affects reported sales.

Impact: Can shift revenue between periods based on billing and work performed

Employee accruals

A consultant business carries payroll, vacation, and related obligations.

Impact: Affects operating costs and working capital

Contract assets and unbilled revenue

Work completed before invoicing may be recognized as an asset.

Impact: Affects receivables and reported revenue timing

Publicly listed companies with a comparable business focus.

Last updated: 24/10/2026