Skip navigation
Close navigation
Search

22.04.2026

Advania Delivers 22% Revenue Growth in 2025, Exceeding SEK 2 Billion in Adjusted EBITDA

Advania today publishes its Annual & Sustainability Report for 2025, reporting revenue of SEK 18.4 billion, representing 22% growth year-on-year, and surpassing SEK 2 billion in adjusted EBITDA. Cash conversion remained strong at 104%.

This performance marks a significant milestone for Advania and reflects sustained commercial momentum across its core markets. Demand for managed services continued to grow, alongside an expanding role in managing business-critical IT environments for organisations in both the public and private sectors.

Growth during the year was driven by a combination of organic expansion and a disciplined acquisition strategy. Advania completed five acquisitions in 2025, further strengthening its capabilities and geographic presence. Since 2021, this strategy has contributed to nearly tripling the company in size.

Read more

News & Insights from Advania

Customer Cases
NCII Moves to Salesforce in the Midst of a Volcanic Crisis with Advania by Their Side
20.06.2024
When a series of volcanic eruptions and thousands of earthquakes struck near the town of Grindavík, Iceland, Natural Catastrophe Insurance of Iceland (NCII) faced an extraordinary challenge. As a public institution responsible for insuring all buildings in Iceland against natural disasters, NCII had to respond to widespread and evolving damage quickly and accurately under extreme pressure.
Sustainability
Advania Sweden reports attitudes on circular IT equipment management.
18.06.2024
Advania Sweden partnered with analysis company Radar to produce a report describing the attitudes of Swedish businesses to the circular use of IT equipment. The report showed that the transition from linear to circular management of IT hardware is slow and many Swedish businesses lack a strategy for take-back and reuse.
M&A
Advania further expands in the UK through the acquisition of Servium.
12.06.2024
With the acquisition of Servium Limited (“Servium”), Advania UK will enhance its end-to-end offerings in professional services, managed services, and value-added reselling for both existing and new customers. Moreover, Advania and Servium aim to create an exceptional workplace, allowing talent from both companies to excel in a decentralized, customer-centric environment. The acquisition aligns with Advania's goal of becoming the preferred IT-services provider in Northern Europe.
Sustainability
Radically improved results in Advania Denmark’s employee survey.
04.06.2024
After conducting the Gallup employee survey for the first time in 2022, Advania Denmark decided to improve the situation and teamed up with an external partner to create a targeted action plan for 2023. Following the plan paid off: the results for 2023 indicate that the effort was successful, with scores increasing by double-digit percentages in all areas. Bjarne Riis, HR Director at Advania Denmark tells us more about the improvements.
Sustainability
Advania Iceland helps customers minimise unnecessary printing.
28.05.2024
In 2023, Advania Iceland started a project that encouraged customers to reduce their impact by cutting unnecessary printing. There are still many companies that continue to print a lot of information on paper and send it by mail despite the increased digitalisation in Icelandic society. When asked why, the answer was often “Because that is how we have always done it.” We talked to Steingerður Þóra Daníelsdóttir, product manager at Advania Iceland, about changing this mentality and helping customers achieve their sustainability goals.
Financial
Moody's rating completes Advania's credit assessment journey.
22.05.2024
Advania has secured its third major credit rating, now with Moody's assigning a B3 corporate family rating (CFR) with stable outlook. This completes the company's credit assessment process, following recent ratings from S&P Global and Fitch Ratings, and creates a comprehensive financial profile to support Advania's growth strategy.
Financial
Advania secures €820 million refinancing to fuel future growth.
09.05.2024
Advania has successfully completed a €820 million-equivalent refinancing transaction. This strategic move combines syndicated loans and private credit pools, including a €375 million term loan B and pre-placed tranches in sterling (€250 million), Norwegian krone (€100 million), and Swedish krona (€95 million). Additionally, Advania secured a new €210 million senior secured revolving credit facility due in 2030.
Financial
Advania strengthens financial platform with dual credit ratings.
05.05.2024
Advania AB, a leading Northern European IT services provider, announces a significant milestone in its growth journey with the completion of credit ratings from both S&P Global Ratings and Fitch Ratings. These independent assessments strengthen Advania's financial foundation as it continues its expansion across Northern Europe.
Financial
Advania Group welcomes Henrik Schibler as new CFO.
24.04.2024
Advania is proud to announce the appointment of Henrik Schibler as its new Group Chief Financial Officer (CFO), effective early August. In this pivotal role, Henrik will lead the charge in shaping the company's financial strategy and help steer its overall direction. His wealth of expertise and fresh perspectives, including extensive capital market experience, make him an important asset for Hege Støre, the Group CEO, the board of directors and the business units.
Partnerships
Advania new VMware Cloud Service Provider Pinnacle Tier Partner in the Broadcom Advantage Partner Program.
04.04.2024
Advania to Help Customers Modernize Infrastructure, Accelerate Innovation, and Improve Business Resiliency with Managed VMware Cloud Foundation Services.
Sustainability
Tech solutions for a sustainable future.
14.03.2024
In a recent interview with IT news and analysis source Silicon UK, Advania's Helena Nordin discussed the role of tech when it comes to sustainability and what we at Advania do to balance our impact.
M&A
Advania acquires 100% of Solv AS in Norway.
12.03.2024
To further strengthen its offerings within professional services in Norway, Advania AB ("Advania") is acquiring Solv AS ("Solv"). The acquisition of Solv will allow Advania to reach necessary scale also in the west coast of Norway, with enhanced capability to execute large-scale advisory, design, and development projects for both existing and new customers. The acquisition aligns with Advania's goal of becoming the preferred IT-services provider in Northern Europe.