The Visma Group comprises five business areas: SMB, Enterprise, Commerce Solutions, Custom Solutions and Cloud Infrastructure Services. The group operates across the entire Nordic region along with Benelux, Central and Eastern Europe. Our headquarter is located in Oslo, Norway.
The Visma Group in brief
CEO: Øystein Moan
Revenue 2017: NOK 8,537 million
EBITDA 2017: NOK 2,004 million
Employees (October 2018): 8,250
Customers (October 2018): 800,000
One step ahead
We provide solutions that keep our customers one step ahead of their competition. In optimising for efficiency, the goal posts are constantly being moved. There will always be parts of an operation that can be performed more efficiently – or automated altogether. At Visma, we aim to provide solutions and software that are of such high quality that they turn our customers’ business and administrative processes into competitive advantages. That means offering world-leading solutions today, as well as tapping into the opportunities tomorrow's technology offers.
Revenue per segment (2017)
SMB: NOK 3,595 M
Enterprise: NOK 2,332 M
Cloud Infrastructure Services: NOK 408 M
Custom Solutions: NOK 1,238 M
Group HQ and IT: NOK 119 M
Commerce Solutions: NOK 806 M
Revenue per country (2017)
Norway: NOK 3,100 M
Sweden: NOK 2,720 M
Finland: NOK 1,277 M
Denmark: NOK 990 M
The Netherlands: NOK 326 M
Latvia: NOK 69 M
Others: NOK 56 M
Employees per division (as per October, 2018)
Cloud Infrastructure Services: 375
Custom Solutions: 1,355
Commerce Solutions: 538
Group HQ and IT: 165
Since taking the reins in 1997, Moan has led Visma to become one of the most innovative companies in the Nordic region. He has taken the company from 300 to more than 8,000 employees and increased revenue from EUR 30 million to EUR 900 million.
Hverven has worked actively with strategy, acquisitions and change management in Visma, leading up to her appointment as Deputy CEO in 2018. Her energy and competence have been instrumental to the positive development and growth of Visma over the last few years. Hverven has worked in Visma since 2011 and was appointed Chief HR Officer in 2012. She has systemised and coordinated joint HR efforts across all entities to improve employee engagement and attract top talent to Visma.
As CFO, Bjerkan has steadily led Visma through healthy and continuous financial growth. The former founder of Multisoft (a part of the merger on which Visma was established) is involved in all decisions that could possibly affect Visma’s financial results.
As Director of Visma Commerce Solutions, Gundersen is in charge of providing our customers with efficient and easy to use business admin solutions and new and innovative solutions within the area of cash flow optimisation and financial services. Eivind Gundersen and his team have the experience and ability to develop all the opportunities the changing business environment provides.
As Director of the Software SMB Division, Torp is in charge of providing small company owners and medium-sized businesses with cloud ERP software that supports business growth and efficiency. Providing customers with user-friendly, flexible solutions that enable them to manage time and resources effectively is a top priority for Steffen Torp and his team. His experience from working with small internet startups, combined with many years in Visma's finance department, gives him a dual perspective of the efficient finance operation of both small and medium-sized businesses.
The division provides full-scale ERP and HRM systems for complex businesses along with public sector production systems for areas such as school administration, care for the elderly, and child protective services. Both government organization and private enterprises are in a state of transition, migrating from on premise systems to cloud solutions – With a combination of technical and business skills Nils Vold has the expertise to succeed with this cloud transformation - and his experience with M&A is important for the future strategy in Visma Enterprise.
Handling – and winning – the largest ICT contracts in the public sector, this division combine the highest professional standards with an unwavering customer value. Boje Møller leads by example, and the former IT consultant’s experience is valuable for all aspects of his job.
IT service delivery in the digital age means rapid growth and major changes as emerging technologies introduce paradigm shifts. Cloud service delivery is the next major driver. Success in changing environments requires the ability to innovate, design and deliver while providing steady and secure IT deliveries. Having the capability to design and implement this value chain in the form of services is critical to the future success of Visma IT and its mission of delivering business value. Espen brings broad IT experience, ranging from technical operations to top management, from both the private and the public sector.
With strategic acquisitions an important factor in Visma’s growth, Männik has since 2010 had to make full use of his diplomacy skills and excellent financial insight. Männik and his highly skilled team of financial analysts and experts are hands-on throughout all Visma’s M&A processes.
Through a systematic and long-term effort, Settevik has turned Visma into a highly recognized and trusted brand. Overseeing marketing and communication resources in five countries and across a myriad of entities, her conviction of the value of a strong master brand has certainly come to fruition.