CombinedX AB
25.70
SEK
+0.50
(+1.98%)
ISIN
SE0012065589
Return %
Stock
S&P 500
1Y
-25.51
14.20
3Y
-10.45
81.12
5Y
- -
68.34
Capital Structure
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SEK
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in mil. unless spec.Quarterly Revenue
SEK
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in mil. unless spec.Quarterly Earnings Per Share
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SEK
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in mil. unless spec.Company Description
- CEO
- Jörgen Claes Stefan Qwist
- Full Time Employees
- 580
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Tynäsgatan 10 Karlstad VR Sweden 65216
- IPO Date
- Mar 28, 2022
- Website
- combinedx.com
- Similar Companies
- Business
- CombinedX AB (publ) (CX.ST) is a Sweden-based IT consulting company that provides technology solutions and digital transformation services to companies and organizations across the Nordic region. Founded in 1993 and headquartered in Karlstad, the company operates through a group of wholly owned specialist subsidiaries offering services in digital business development and transformation; service design and customer experience; business systems and processes; data analysis and decision support; automation and robotization; application development and lifecycle management; digital workplace and identity management; managed infrastructure services and security; Internet of Things; customer relationship management; and change and process management. Its subsidiaries, including Ninetech, Elvenite, Aspire, Absfront, Two, M3CS, Redway and Beebyte (in which it holds a 33% stake), serve private enterprises and public authorities with market-leading niche expertise, employing approximately 585 people and generating annual revenues of SEK 929.9 million. CombinedX lists on Nasdaq First North Premier Growth Market and focuses on enterprise software solutions for larger clients in Sweden and Norway. In the past two years, CombinedX has pursued aggressive growth through acquisitions including Absfront AB, a Microsoft CRM specialist, in January 2023; Redway Sverige AB in October 2022; M3CS, an Infor M3 consulting firm, in February 2024; and Align Consulting AS, a Norwegian IFS partner with its Swedish subsidiary, in May 2025 for NOK 113.75 million in mixed cash and shares plus earn-outs; it also merged subsidiaries Absfront and Two with Christofer Järlesjö assuming CEO duties in January 2026, integrated M3CS into Elvenite, and divested non-core operations such as Aspire's Borlänge unit to streamline focus on high-margin enterprise software segments.