Cybercom Group Due Diligence

Run due diligence on Cybercom Group: check compliance and get alerts when suppliers change.

Sweden · www.knowit.eu · 31 vendors

Knowit AB is a Nordic consultancy company that supports organizations in their digital transformation. The company offers a unique combination of expertise in strategy, creativity, and technology to develop innovative and sustainable digital solutions. Their services encompass system development, data-driven customer experiences, cloud services, cybersecurity, and management consulting.

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Last updated 2026-10-23 · revision 5

31 direct vendors, 264 subvendors

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Subvendors by controlling owner country (sample)

Compliance

4 in-scope frameworks identified; showing 3.

ISO 27001 (source) — No public evidence

GDPR (source) — No public evidence

NIS2 (source) — No public evidence

Financials

Three-year financials

Financial Resilience Score: 6/10

Cybercom Group operated as a mid-sized Nordic IT consultancy with stable revenue around SEK 1.4-1.5 billion and approximately 1,200-1,300 employees in the years leading up to its 2022 acquisition by Knowit AB. The company demonstrated resilience by recovering from a strained post-financial-crisis balance sheet (2008-2012) through restructuring under JCE Group ownership, and maintained steady performance after being taken private in 2017. Its asset-light consulting model, diversified client base across public sector, telecom, energy, banking, and manufacturing, and Nordic scale provided a solid foundation. However, as a privately held company during 2017-2021, detailed profitability and equity figures were not publicly disclosed beyond Bolagsverket filings, limiting transparency. Following integration into the listed Knowit AB, the combined entity benefits from access to capital markets and audited disclosure, but faces cyclical headwinds in Nordic IT consulting demand (2023-2024 slowdown), wage inflation, and integration risks. Goodwill from acquisitions also poses impairment risk if margins remain depressed.

Key strengths: Nordic scale with ~4,000+ consultants in combined Knowit+Cybercom entity, Diversified client base across public sector, telecom, energy, banking, manufacturing, Sustainability positioning ('Sustainable Connected Society') appealing to Nordic public-sector buyers, Listed parent (Knowit) provides access to capital markets and audited disclosure, Asset-light consulting model with low capex and scalability, Stable revenue ~SEK 1.4-1.5 bn during 2017-2021 private ownership period

Risk factors: Cyclical demand for IT consulting with 2023-2024 Nordic-wide slowdown, Integration risk from overlapping practice areas between Cybercom and Knowit, Wage inflation in tight Nordic IT labor market outpacing billable rate increases, Geographic concentration in Sweden with SEK/NOK currency exposure, Significant goodwill on balance sheet from acquisitions with impairment risk, Dependence on Swedish public-sector budgets

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