Itavis Due Diligence

Run due diligence on Itavis: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by ITAVIS HOLDING ApS (Denmark) · itavis.dk · 21 vendors

Itavis provides network and security solutions, including managed IT operations, cybersecurity, and hosting services. The company helps businesses streamline and secure their entire network, offering services such as SASE solutions, cloud, and digital workplaces with intelligent security.

Resilience scores

Digital Sovereignty: 14
Digital Resilience: 7
Financial Resilience: 6

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Insights

Last updated 2026-09-13 · revision 7

21 direct vendors, 285 subvendors

Direct vendors by controlling owner country (sample)

Israel: 1
United States: 12
Belgium: 1

Subvendors by controlling owner country (sample)

Luxembourg: 2
Canada: 9
Brazil: 1

Compliance

7 in-scope frameworks identified; showing 3.

Financials

Three-year financials

2025: gross profit DKK 11.9M, EBIT DKK 704K, equity DKK 2.68M
2024: gross profit DKK 12.0M, EBIT DKK 933K, equity DKK 2.25M
2023: gross profit DKK 12.9M, EBIT DKK 355K, equity DKK 4.66M

Financial Resilience Score: 6/10

Itavis ApS is a long-established Danish managed IT-security and SASE specialist, operating continuously since 2001. Over two decades of sustained operations in Denmark's competitive IT services market indicates a durable, going-concern business with established customer relationships. The company benefits from a recurring revenue model through managed SASE, managed SOC (24/7), managed IT operations, and hosting/IaaS subscriptions, which typically support gross margin stability. Its enterprise/blue-chip customer base including Carlsberg (global SASE roll-out), ISS, Kromann Reumert, DBU, Taxa 4x35, Dansk Retursystem, and Danner suggests meaningful multi-year contract sizes with revenue visibility. However, as a small private ApS, Itavis has a limited capital base compared with larger A/S competitors like NNIT, Netcompany, or Nordics-wide MSPs. The business faces vendor concentration risk through heavy reliance on Cato Networks and Cisco Meraki technology stacks, exposing it to vendor pricing, licensing, and product roadmap risk. Customer concentration is also a concern, as a handful of large named enterprise clients likely generate a disproportionate share of revenue. Additionally, the talent-intensive nature of Danish IT security, with high and rising wages, creates structural margin pressure from SOC/24-7 staffing. Regulatory tailwinds from NIS2 compliance (effective late 2024) should support demand, but competition from Dubex, Improsec, Globeteam, Netic, IT Relation, and Conscia remains intense. Specific financial figures were not accessible in the source report.

Key strengths: Long operating history since 2001 (>20 years), Enterprise/blue-chip customer base including Carlsberg, ISS, Kromann Reumert, DBU, Recurring revenue model from managed services and subscriptions, Strategic partnership with Cato Networks positioning in fast-growing SASE segment, Regulatory tailwinds from NIS2 compliance in Denmark/EU

Risk factors: Small private ApS with limited capital base vs. larger competitors, Vendor concentration risk with heavy reliance on Cato Networks and Cisco Meraki, Customer concentration risk from handful of large enterprise clients, Talent-intensive business with high and rising Danish IT security wages, Highly competitive Danish managed-security market

Revenue by geography

Denmark: 100%

Revenue by product/service

Managed SASE: 0%
Managed IT Operations: 0%
Digital Transformation: 0%
Cybersecurity (Managed SOC, EDR, PAM, Backup/BCDR): 0%

Workforce by country

Denmark: 0

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