Continued growth and high demand closes the year

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Knowit is ending the year strongly, with net sales growth of 70.6 percent in the fourth quarter, combined with an adjusted EBITA margin of 11.5 percent. Net sales are SEK 1,575.9 (923.8) million and the EBITA profit, adjusted for acquisition and integration costs, is SEK 181.1 (108.3) million. The Board suggests a dividend of SEK 7.00 per share for 2021 (to be paid out in two instalments of 3,50 each). Thanks to high demand for the Company’s services, the conditions for continued strong, sustainable, and profitable growth are at hand.

“I am proud to present a strong end to a year that has, in many ways, been extraordinary for us at Knowit. During the year, we have increased the number of employees by almost 50 percent, thanks to the acquisitions of Cybercom and Capacent and our strong employer brand. In parallell, we have managed to keep a focus on what matters most: developing and improving our clients’ operations,” says Per Wallentin, CEO and President.

Knowit continues to see high activity in sales and deliveries of client projects. All business areas delivered in line with expectations. Our largest business area Solutions grew during the quarter, with retained profit and margin – a show of strength, considering that it is the segment most affected by the integration of the Cybercom operations.

The final quarter of the year was shaped by the continued integration of Cybercom and the establishment of the new business area Connectivity. During the quarter, integration of Capacent into the business area Insight also began.

Knowit’s strategy, to grow both organically and through acquisitions, contributes to a reinforced offer and an increased capacity to satisfy demand for more complex assignments.

“We have a strong year behind us and it is gratifying that the Board is suggesting a dividend of SEK 7.0 per share to the AGM. Knowit consists of passionate and skilled employees who jointly contribute to our continued success,” says Per Wallentin.

For more detailed information on the results for the fourth quarter, please see the full year-end report appended to this press release.

Presentation of the year-end report

Knowit has issued an invitation to a presentation of the year-end report for January–December 2021 on February 4, 2022, at 10 AM CET. The presentation starts at 10:00 am (CET) and will be held in English. Link to the presentation:

Telephone numbers for the conference call

SE and other EU countries: +46850558375
NO: +47 23500243
UK: +443333009271
US: +1 6319131422 PIN: 48029913#

No advance notification is necessary. After the presentation, a recording of the webcast will be available at

The information contained herein is such as shall be made public by Knowit, in accordance with the EU Market Abuse Regulation and the Securities Market Act. This press release was made public through the agency of President and CEO Per Wallentin, at 07.30 CET on February 4, 2022.

For more information, please contact

Marie Björklund, CFO, +46(0)70 1449802 or

Per Wallentin, CEO & President, +46 (0)73 0746860 or

Christina Johansson, Head of Communications, +46(0)70 5421734 or

About Knowit

We are digitalization consultants and a Nordic powerhouse for the digital business models of the future. Our vision is to create a sustainable and humane society through digitalization and innovation. Knowit supports its clients in the digital transformation and stands out among other consultancy firms through its decentralized organization and agile work methods in client assignments. The operations are divided into four business areas – Solutions, Experience, Connectivity, and Insight – which offer services in bespoke system development, digital customer experiences, the internet of things, cloud, cybersecurity, and management consultancy. Competences from several business areas are often combined in client projects.

Knowit was founded in 1990 and, following the acquisition of Cybercom on July 1, 2021, has around 3,800 employees, mainly in the Nordic countries, but also in Poland and Germany. The merger with Cybercom has created new opportunities to take on larger and more complex assignments, primarily within the industry, tech, and telecom sectors. In addition, an even stronger platform is created, from which we offer digital solutions to the sustainability challenges of society. Knowit AB (publ) has been listed on the stock market since 1997 and is currently listed on Nasdaq OMX Stockholm Mid Cap. For more information on Knowit, please visit