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Proven track record of double-digit growth in both revenue and earnings for the past 8 years.

Q3 2023 Interim Report

Building momentum for a promising 2024

In Q3 2023, we have seen an inflow of new orders from both existing and new clients, especially in our Energy business unit, having full revenue effect from 2024. 

This makes us confident about an increasing activity level in 2024. That said, the market condition in Q3 2023 has been challenging for some of our clients, and an inflation-driven increase in costs has impacted our financial results. For the period Q1-Q3 2023 revenue grew by 10% and EBITDA decreased by 24% compared to the same period in 2022.

We expect double-digit organic revenue growth in both 2024 and 2025 based on our sales pipeline. Additionally, Wirtek also has a growing pipeline of potential acquisition targets, as part of accelerating the revenue growth and reaching our long-term Accelerate25XL strategy goals. 

Download the Q3 2023 Interim Report
Vizualuri_Q3_report_Investor_Relations_Section

Wirtek in brief

Wirtek is an international IT outsourcing company. Since 2001, we have been teaming up with companies to help them create great software solutions and electronic equipment products.

Several clients have been with us for 10+ years, so we can confidently say that in outsourcing, the quality of the relationship matters just as much as the quality of the delivered software.

Wirtek has HQ and sales offices in Denmark and three development and test centres in Romania, and we are 200+ colleagues. Wirtek was listed at Nasdaq First North Growth Market Denmark in 2006.

Acknowledgments

award

Børsen Gazelle 2023 and nomination for EY Entrepreneur Of The Year 2023

The share

35%

average annual revenue growth the past 5 years

47%

average annual EBITDA growth the past 5 years

80%

of revenue contracted at the beginning of a fiscal year

Virtual Growth Days Presentation

8-9 December 2021

Virtual Growth Days Presentation

Join the presentation held by our CEO Michael Aaen at "Virtual Growth Days" discussing Wirtek's stock, on December 8-9.

Annual-Report_2021

9 March 2022

Annual Report 2021

Wirtek publishes the annual report for 2021. 

Q1-2022

10 May 2022

Interim Report Q1 2022

Wirtek publishes the interim financial report for Q1 2022. 

Wirtek_Financial_data

10 years of profitable growth

Over the past decade, Wirtek has demonstrated sustained growth, consistently generating profits year after year. With a clear strategic focus, strong leadership, and a commitment to profitable growth, Wirtek is prepared to continue to deliver strong results in the following years.

Upcoming events

annual_report_post

20 March 2024

2023 Annual Report

Wirtek publishes the annual report for 2023.

Infront-direkt-event

20 March 2024

Infront Direkt Interview

CEO Michael Aaen will comment on the 2023 Annual Report in a live webcast interview, 20 March 2024 at 11.00 (CET).

Watch here
stokk-io

2 April 2024

Stokk.io event

Join CEO Michael Aaen for a live presentation and Q&A on the 2023 Annual Report, 2 April 2024 at 15.00 (CET).

Watch here
Wirtek_AGM

17 April 2024

Annual General Meeting

q1-post

15 May 2024

Interim Report Q1 2024

Wirtek publishes the interim financial report for Q1 2024.

q2-post

14 August 2024

Interim Report Q2 2024

Wirtek publishes the interim financial report for Q2 2024.

q3-post

13 November 2024

Interim Report Q3 2024

Wirtek publishes the interim financial report for Q3 2023.

Past events

Infront-direkt-event

8 November 2023

Infront Direkt interview

CEO Michael Aaen commented on the Q3 report in an interview at Direkt Studios. 

Watch here
Vizualuri_Q3_report_Past_Events

8 November 2023

Q3 2023 Interim Report

Wirtek publishes Q3 2023 Interim Report.

Read the report
Infront-direkt-event

9 August 2023

Infront Direkt interview

CEO Michael Aaen commented on the Q2 report in an interview at Direkt Studios. 

Watch here
Past Events

9 August 2023

Q2 2023 Interim Report

Wirtek publishes Q2 2023 Interim Report.

Read the report
Direkt-studios-interview

10 May 2023

Infront Direkt interview

CEO Michael Aaen commented on the Q1 report in an interview at Direkt Studios, on the 10th of May.

Watch here
Q1-2023-report-past-event

10 May 2023

Q1 2023 Interim Report

Wirtek publishes Q1 2023 Interim Report.

Read the report
AGM-2023-1

19 April 2023

Annual General Meeting 2023

Wirtek's annual general meeting.

Read more here
Infront-direkt-interview-AR2022

22 March 2023

Infront Direkt interview

CEO Michael Aaen commented on the 2022 Annual Report in an interview at Direkt Studios.

Watch the interview here
launch-AR2022

22 March 2023

Annual Report 2022

We are pleased to report that despite a challenging macroeconomic environment during 2022, Wirtek still achieved great results with revenue growth of 45% and EBITDA growth of 20%.

Read the report
Michael-Aaen-podcast

15 February 2023

Aktier i Fokus podcast

Michael Aaen, CEO talked about Wirtek at Aktier i Fokus podcast.

Listen here
infront-direkt

9 November 2022

Infront Direkt interview

CEO Michael Aaen commented on the Q3 report in a live interview at Direkt Studios.

Watch video here
Q3_Calendar and Events

9 November 2022

Interim Report Q3 2022

Wirtek publishes the interim financial report for Q3 2022.

Read more here
Wirtek-Investors-Aktieinfo-september

22 September 2022

Aktieinfo event in Kolding

Our CEO, Michael Aaen, talked about Wirtek at the investor event hosted by Aktieinfo in Kolding.

Event_Finalist at Listed Danish Growth Company 2022 Awards

07 September 2022

Annual event of The Association of Listed Danish Growth Companies (FBV)

We are delighted to be one of the three finalists for the Best Listed Danish Growth Company 2022 Award.

Find out more about FBV
Infront Direkt interview

10 August 2022

Infront Direkt interview

CEO Michael Aaen comments on the Q2 report in a live interview at 11 am.

Watch the interview here
Q2_Calendar and Events

10 August 2022

Interim Report Q2 2022

Wirtek publishes the interim financial report for Q2 2022.

Read more here
Unge-Investorer-company-of-the-month-event

16 June 2022

Unge Investorer company of the month event

In June Wirtek was the company of the month at Unge Investorer. On the 16th of June, Wirtek's CEO, Michael Aaen, participated in an event, where he talked about Wirtek as an investment case and answered questions from the audience.

Watch the ientire discussion here
Infront-direkt-interview

10 May 2022

Infront Direkt interview

CEO Michael Aaen comments on the Q1 report in an interview at Direkt Studios.

Watch the interview here
Q1-announcement

10 May 2022

Interim Report Q1 2022

Wirtek publishes the interim financial report for Q1 2022.

Read more here
events-presentation

28 April 2022

Meet Wirtek

Our CEO Michael Aaen talks with Mikael Bak from Dansk Aktionærforening.

Watch video here (Danish)
Wirtek_AGM

6 April 2022

Annual General Meeting 2022

Wirtek's annual general meeting.

Read more here
mj2

4 April 2022

Aktieinfo event in Copenhagen

Watch our CEO, Michael Aaen's investor presentation at the Aktieinfo event held in the Scandic Hotel, Sydhavn in Copenhagen.

wirtekinfort

10 March 2021

Infront Interview, Stockholm

Our CEO Michael Aaen talks about key events in 2021 and goals for the future, at Infront Direkt following the publication of our 2021 annual report.

Watch the interview
Ar-cover-events (1)

9 March 2021

Annual Report 2021

We are proudly looking back on an incredibly exciting and busy 2021, where we achieved all our operational goals. In line with our Accelerate25 growth strategy, announced in January 2021, Wirtek delivered a strong revenue growth of 64% and an even stronger EBITDA growth of 94% during 2021.

Read the report
Virtual-Growth-Days

9 December 2021

Virtual Growth Days Presentation

Our CEO Michael Aaen held a short presentation, followed by Q&A about Wirtek at " Virtual Growth Days" seminar on the 9th of December.

InvestorUgen_logo-2

16 November 2021 at 14:30 - 15:00 CET

InvestorUgen presentation

Wirtek has a proven track record of double-digit revenue and EBITDA growth. At InvestorUgen, our CEO presented how Wirtek will increase the growth rate the coming years through our Accelerate25 strategy.

Michael Aaen at Unge Investor event

13 August 2021

CEO meets Young Investors

Our CEO Michael Aaen joined the Unge Investorer "CEO meets Young Investors" event for a presentation discussing Wirtek's half-year financial report, on Friday, August 13.

Watch the presentation
Aktieinfo event in Kolding

6 October 2021

Aktieninfo event in Kolding

Michael Aaen talked about the outlook for Wirtek at the latest investor event organized by Aktieninfo in Kolding.

Watch the presentation
Michael Aaen at Aktieinfo investor event

8 June 2021

Aktieinfo event in Copenhagen

Check out the presentation our CEO, Michael Aaen, made at the investor event organized by Aktieinfo, Tuesday the 8th of June 2021, at the Scandic Hotel, Sydhavn, Copenhagen.

Watch the presentation
event ophelia

21 May 2021

Ophelia Invest Talks

On Friday, 21 May, Wirtek’s CEO, Michael Aaen was invited for a presentation at this investor event organized by Ophelia Invest (in Danish).

Read more
Event 3

18 May 2021

Aktieinfo analysis 2021

Aktieinfo published an analysis based on Wirtek’s Q1 results for 2021.

Read the full analysis
Event 6

9 March 2021

Accelerate25 growth strategy

On Tuesday, 9 March, CEO Michael Aaen presented results for 2020 and the new Accelerate25 growth strategy, followed by a Q&A session (in Danish).

Read more
Event 7

28 January 2021

Young investors on the Danish Facebook group

Our CEO Michael Aaen Unge Investorer answered written questions from young investors on the Danish Facebook group 'Unge Investorer' from 15:00 - 16:30 on Thursday, January 28.

Read more
Event 8

10 November 2020

Significant growth potential in IT outsourcing

Dansk Aktionærforening (DAF) hosted the InvestorUgen (Investor Week) event from November 10 - 14, 2020. Our CEO Michael Aaen presented Wirtek and the significant growth potential in IT outsourcing on November 10 at 14:45.

Check out the presentation
euroinvestor

13 October 2020

Interview with Michael Aaen on the “Millionærklubben” show

Our CEO Michael Aaen was interviewed on the show “Millionærklubben” on 13 October 2020. On that day, the show focused on the “old” companies listed on the Nasdaq First North Growth Market in Copenhagen.

Listen to the podcast
Check all events here