Itello in numbers
During the year, we signed a multi-year contract with Fora and we also extended the duration and scope of our agreement with Folksam.
Both agreements are positive evidence that Itello has staked out a position as the hub in the ecosystem
that is the Swedish life and pension insurance industry.
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Five year overview (SEK Thousand)
| 2018 | 2017 (6 months) | 2016/17 | 2015/16 | 2014/15 |
|---|---|---|---|---|---|
Net sales | 260 170 | 108 034 | 201 321 | 169 384 | 163 351 |
Profit after net financial items | 31 989 | 24 489 | 35 410 | 26 160 | 26 198 |
Number of staff | 147 | 116 | 115 | 107 | 102 |
Equity/assets ratio (%) | 39 | 32 | 31 | 55 | 60 |
Quick ratio (%) | 166 | 149 | 153 | 221 | 252 |
Highest credit rating AAA – 11 years in a row
For the 11th year in a row, Itello has received the highest credit rating AAA from the credit rating company Bisnode.
Itello recognized as “Mästargasell 2019”
Each year, the leading Swedish business journal Dagens Industri, compiles its DI Gasell list of the fastest-growing, profitable companies in Sweden.
Itello increases its investments in Norway and acquires Eikos AS
Itello AB, a leading insurtech company in the Nordic region developing business systems and digital solutions for the life insurance and pensions industry, is acquiring Eikos AS, which provides services and systems solutions for the life insurance and pensions sector in Norway.