Vitec Software Group AB (publ)

Stockholm Stock Exchange VIT-B.ST

Vitec Software Group AB (publ) Gross Profit Margin for the year ending December 31, 2023: 51.76%

Vitec Software Group AB (publ) Gross Profit Margin is 51.76% for the year ending December 31, 2023, a -14.19% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.
  • Vitec Software Group AB (publ) Gross Profit Margin for the year ending December 31, 2022 was 60.32%, a 2.24% change year over year.
  • Vitec Software Group AB (publ) Gross Profit Margin for the year ending December 31, 2021 was 58.99%, a 2.55% change year over year.
  • Vitec Software Group AB (publ) Gross Profit Margin for the year ending December 31, 2020 was 57.53%, a 4.90% change year over year.
  • Vitec Software Group AB (publ) Gross Profit Margin for the year ending December 31, 2019 was 54.85%, a 1.53% change year over year.
Key data
Date Gross Profit Margin Operating Income Margin EBT Margin Net Income Margin
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Stockholm Stock Exchange: VIT-B.ST

Vitec Software Group AB (publ)

CEO Mr. Olle Backman
IPO Date Oct. 4, 2004
Location Sweden
Headquarters TvistevAegen 47A
Employees 1,570
Sector Technology
Industries
Description

Vitec Software Group AB (publ) develops and delivers vertical market software in Sweden, Denmark, Finland, Norway, and internationally. The company offers software for municipal culture and recreation administration offices, as well as other visitor facilities; healthcare companies; church activities; banking and finance industry; information management within the process industry and energy companies; social services sector; automotive, transportation, and machinery industry; local associations and national organizations; construction and property management industry; pharmacy market; car dealers and auto repair shops; electricity traders, and owners of electricity and district heating grids; hair and beauty salons; and welfare sectors. It also provides software for preschools; real estate agents; education sector; golf courses; liability insurance companies; building and facility management; private and municipal waste and resource processing; media companies; and insurance companies. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.

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StockViz Staff

January 15, 2025

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