Log in portal Support Contact Visma.com Software and services Industries Careers Investors Press About Visma.com About History The history of Visma Øystein Moan on the rise of Visma CEO Øystein Moan looks back at the events and strategic decisions that took Visma from near bankruptcy to the pinnacle of the regional market in little over a decade. (4:07) Highlights in the history of Visma Year Highlights EBITDA (NOK1000) Employees 1996 Visma is founded by the merger of MultiSoft, SpecTec and Dovre Information Systems. 21694 NA 1997 Financial crisis and turnaround Re-financed and re-structured New strategy Replaces most of the management and the Board of Directors is replaced Øystein Moan named CEO −37177 310 1998 A stable and strong enterprise. Building the Visma Marine Division to a global leader within the shipping industry 27994 325 1999 Visma Software enters Denmark and the UK First step towards SaaS: Visma Business e-commerce was launched, and work started on developing Web and WAP extensions of all the Visma applications. 42062 400 2000 The Visma Marine division sold to Dutch company Station12 for NOK 730 million. Considerable financial resources to ensure growth New strategy: To offer both software and outsourcing within accounting, finance and payroll. New division structure: From Visma Business, Visma Logistics, Visma Marine to Visma Business (Software), Visma Services 659749 180 2001 Visma Logistics launched two new Internet products: one for e-procurement and one for CRM Spcs acquisition Acquires 11 leading accounting practices Enters Finland throught the aquisition of Liinos 48456 1570 2002 Avendo (Spcs) launched in Norway - Visma enters the Norwegian mikro market Visma Services enters the Danish market through the acquisition of Bogholderi & Administrasjon. Through the aquisition of Møre Datasystemer, Visma enters the public sector market 72537 1570 2003 Visma enters major cooperation agreements with Norway's largest bank (DNB) and the national postal service. 91507 1749 2004 Establishes electronic data centre in Oslo: 2 million incoming invoices in 2005. Visma enters the public sector market with debt collection and temp services. 113329 2097 2005 Major re-branding campaign in Sweden New division: Visma Financial & Productivity Service (Collectors, Personnel, Ajourit, Advantage) Management Trainee Program introduced 258000 2347 2006 Enters The Netherlands through the acquisition of AccountView Change of ownership: British private equity firm HgCapital becomes new majority owner De-listed from the Oslo Stock Exchange Major branding campaing in Norway 304913 2515 2007 60 % growth in EBITDA 489969 2843 2008 3 billion NOK in revenue establishes Visma as a major player in the Nordic region 555395 3092 2009 Retail division established New HQ on Skøyen, Oslo. Becomes second largest accounting firm in Finland. 10 000 SaaS users 684179 3758 2010 KKR new majority owner. The acquisition of Sirius sees Visma enter the Software Consulting market in Norway, Sweden and Denmark 815103 4442 2011 Visma aquires Mamut The acquisition of Active24 sees Visma enter the hosting market. 934104 4501 2012 Visma launches Visma.net - a world-leading SaaS solution for small and medium sized businesses Visma introduces Net Promoter Score - a renowned customer satisfaction and nurturing program 1114343 5385 2013 Visma signs its biggest deal to date to develop admin and communication solution for Norwegian schools. Visma enters partnership with Swedish Internet company InExchange enabling Visma customers to send and receive e-invoices plus a range of other services Visma acquires Duetto Group and enters the Finnish debt collection market 1325145 5648 Blog YouTube LinkedIn Contact Web Editor Cookies are used on Visma to ensure that the website is as accessible and usable as possible. Some cookies are necessary for the website to work and have already been temporarily stored on your computer. You can block cookies, but some sections of the website may lose some functionality. Telephone: +47 46 40 40 00 Email: info@visma.no If you have a business, we can improve it. We simplify the admin side of your business, so that you can focus on what you love.