Venzo A/S

Ledelsesberetning

2024 was a milestone year for our company, and another year of solid results and growth. We started to harvest the potential of the previous year’s significant organizational changes by aligning our operating model and organizational structure into one company, VENZO A/S, with the legal merger completed as of 1 January 2024. Most significantly, however, 2024 was the year in which VENZO A/S joined the valantic family, opening a new chapter and enabling us to level up our game even further. VENZO is a consultancy firm based in Copenhagen and Aarhus, Denmark. VENZO offers a range of services and solutions within AI, automation, security, compliance, core business application management, cloud and hybrid infrastructure, as well as digital strategy development and other essential digital transformation services such as process, project, and change management. Our mission and promise to clients is “Tech. Change. Today." – helping organizations navigate their digital transformation journeys by aligning cutting-edge technologies with business operating models and combining expertise with empathy to deliver value and a lasting impact. With the merger into one legal entity, VENZO's amazing employees got to work even closer together in 2024 and shared many more experiences and successes, both professional and social. Our client base also flourished, with many new clients and expanding portfolios among existing clients. Further, VENZO continued to professionalize our own operations and was able to document this by achieving an ISO 27001 certification. This is expected to impact our ability to attract a broader segment of clients that require this level of documentation from their suppliers. Of course, joining the valantic family was the biggest and most significant change in 2024. As a valantic company, VENZO’s relevance as trusted advisors becomes even greater, as we continue to grow in both size and in terms of the services available to the clients. valantic is a European digital transformation company headquartered in Munich, Germany. valantic specializes in providing software solutions and consulting services across various domains, including trading tools, software infrastructure, supply chain and logistics, governance, risk, and compliance (GRC), business analytics, and telecommunications. The company combines technological expertise with industry knowledge to help clients achieve strategic advantages and operational excellence. VENZO’s income statement for 2024 shows a profit before depreciation and amortization (EBITDA) of DKK 22.5 million, and the company's balance sheet as per 31 December 2024 shows equity of DKK 36.9 million. In other words, we experienced growth both in terms of gross profit and profit compared to the previous year – and we are overall very satisfied with this result. Despite continued uncertainty in the world, our ambition and expectation for 2025 is a year of continued growth and new opportunities. We expect a revenue growth in the range of 5–10% and an earnings target (EBITDA margin) in the range of approximately 10%. We wish to thank our clients and partners for their loyalty and trust and, not least, our amazing colleagues for their daily dedication and impact. Every day they take responsibility and spearhead our growth and ambitions. Their talent develops and strengthens our company for the benefit of clients and colleagues, and their personalities and mindset contribute to the unique culture that continues to make VENZO a partner and workplace of choice.