May 2026
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Largest IT Consulting Public Companies in Norway
Benchmark revenue and EBITDA valuation multiples for public comps like
Atea, Norbit, Bouvet, Spir Group and Itera.
 | Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates the majority of its revenue in Sweden. | $18 | +15% | $2B | $2B | 0.4x | 9.3x | ||
| Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment. | $20 | +1% | $1B | $1B | 4.9x | 16.4x | ||
| Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. Its geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway. | $5 | -37% | $520M | $497M | 1.2x | 7.7x | ||
| Spir Group ASA is a software company. It specializes in offering digital solutions to companies in the Nordic region. It provides digital solutions for case management and archive systems. The company provides solutions like RiskManager, eByggesak, Cloud, Lekdommer, and Sak-Arkiv. The company works in five segments: Sikri, Ambita, Boligmappa, Iverdi, and Metria segments. The majority of its revenue is generated from the Sikri segment. | $1 | -9% | $115M | $802M | — | — | ||
| Itera ASA is a communication and technology company that helps businesses and organizations accelerate their sustainable digital transformations. The company, through its subsidiaries, is engaged in providing advisory services and solutions to the banking and finance sector. It provides services in digital and consulting, customer experience, technology, and cloud operations. Its geographical segment comprises Norway, Sweden, Denmark, Slovakia, Ukraine, the Czech Republic, Iceland, and Poland. The company derives a majority of its revenue from Norway. | $1 | -28% | $60M | $64M | 0.7x | 8.8x | ||
| Arribatec Group ASA is a software and consulting company. Its services comprise Business services focusing on ERP, BI & Analytics, DevOps, integrations, and research management; EA & BPM provides Enterprise Architecture and Business Process Management; Cloud provides Cloud solutions hybrid, Azure, Splunk, and GDPR. Arribatec Cloud provides consulting outsourcing, and cloud services to private and public enterprises. Hospitality delivers a variety of different solutions within self check-in, check-out, housekeeping management, and conference systems. Marine is the Business Unit of Arribatec Group focusing on the Maritime sector. | $1 | +39% | $55M | $51M | 0.8x | 6.9x | ||
| Webstep ASA is engaged in the provision of information technology (IT) consultancy services. Its core digitalization offerings include digitalization, cloud migration, and integration. In addition, it also focused on the Internet of Things (IoT), machine learning, and analytics. The group has cross-functional expertise in cloud services and infrastructure, security, mobility, analytics, and AI. It operates in Sweden. | $2 | -24% | $52M | $47M | 0.5x | 5.5x | ||
| Median | $2 | -9% | $115M | $497M | 0.8x | 8.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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