Columbus: increased AI focus in 2025 strengthens the foundation for growth in 2026

After a year of strengthened focus on efficiency and execution, Columbus is accelerating its AI initiatives and enters 2026 with a stronger foundation and a clear focus on improving profitability.

In 2025, Columbus maintained a strong focus on execution and operational efficiency in a market characterised by customer caution and longer decision-making processes. At the same time, the company intensified its work with AI as an integrated part of the business, thereby establishing a stronger foundation and improved conditions for increased activity in 2026.

Focus on efficiency and execution
Despite generally cautious market conditions, particularly in the Nordics within larger ERP projects, Columbus experienced progress in strategic customer engagements in the United States and the United Kingdom, contributing to a more stable activity level throughout the year. Our pipeline strengthened towards the end of the year, and we have won a number of larger customer projects, including Bama, which contribute to a higher level of activity with a ramp-up effect into 2026.

Revenue in 2025 amounted to DKK 1,576m (2024: DKK 1,659m), corresponding to a decrease of 5%. EBITDA amounted to DKK 112.9m (2024: DKK 152.7m), corresponding to an EBITDA margin of 7.2%.

“With our focus on creating real business value, we also won new customers in 2025, and we are satisfied with the results achieved in a cautious market. We enter 2026 with a solid foundation for growth, where AI will be an important driver,” says CEO & President Søren Krogh Knudsen.

Strategic initiatives and AI strengthen market position
In 2025, Columbus strengthened its competencies and market position, among other initiatives through the acquisition of Accigo in Norway, which expanded Columbus’ Dynamics 365 capabilities.

At the same time, AI was increasingly integrated into customer solutions – ranging from automation and data-driven decision support to enhanced customer experiences.

“We are seeing strong demand for AI solutions embedded in customers’ core business processes. We have built strong AI capabilities across the organisation and today work with AI as an integrated part of our deliveries, providing a solid foundation for further growth,” says Søren Krogh Knudsen.

Outlook for 2026
Columbus expects gradually improving market activity in 2026 and organic revenue growth in the range of 0-5%. Correspondingly, the EBITDA margin is expected to improve to 8-10%, driven by increased efficiency, contract profitability, and scaling of AI-based solutions.

Key figures Q4 2025

• Revenue: DKK 385m (Q4 2024: DKK 417m), corresponding to a decrease of 8%
• EBITDA: DKK 35m (Q4 2024: DKK 38m), corresponding to a decrease of 8%
• EBITDA margin: 9.0% (Q4 2024: 9.1%), corresponding to a decrease of 0.1 percentage points
• EBIT: DKK 21.5m (Q4 2024: DKK 22.7m), corresponding to a decrease of 5%

Key figures 2025

• Revenue: DKK 1,576m (2024: DKK 1,659m), corresponding to a decrease of 5%
• EBITDA: DKK 112.9m (2024: DKK 152.7m), corresponding to a decrease of 26%
• EBITDA margin: 7.2% (2024: 9.2%), corresponding to a decrease of 2.0 percentage points
• EBIT: DKK 58.4m (2024: DKK 71.8m), corresponding to a decrease of 19%

Read the full Annual Report 2025 here: 

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