Wirtek has just published the annual report for 2019. Revenue shows a growth of 14% compared to 2018 and profit after taxes increased by 50%. The cash position continues to be strong and Wirtek has no debt. The Board is very satisfied with these results, after a year with significant investments in sales and marketing.
For 2020 the Board expects revenue growth in the interval 12 – 21% and an increase in result before taxes (EBT) in the interval 15 – 30%. The cash position is expected to strengthen further during 2020.
The full financial report for 2019 is available for download here (in Danish).
Why Wirtek
Wirtek A/S is a Danish consultancy services company with strong competences in outsourcing of software development product testing services. We provide our customers with flexible services of high quality at competitive prices from our Development and Test Center in Romania. Our competencies include web-based solutions and portals, mobile solutions as well as embedded systems. Wirtek focuses on building long-term customer partnerships and a win-win relation that creates added value for our customers.
Wirtek is a Danish IT outsourcing company. Since 2001, we have been teaming up with companies to help them create great software solutions and electronic equipment products.
Several clients have been with us for 10+ years, so we can confidently say that in outsourcing, the quality of the relationship matters just as much as the quality of the delivered software. Our clients get state-of-the-art technical solutions and a committed team that works with them as if it were their own.
Wirtek has offices in Denmark (HQ + sales) and three development and test centres in Romania, and we are 100+ colleagues. Wirtek was listed at Nasdaq First North Growth Market Denmark in 2006.
