Hypergene
Swedish CFO platform covering consolidation, eliminations, planning and group reporting
Quick Overview
| Company | Hypergene AB |
|---|---|
| Category | Financial Reporting Software |
| Headquarters | Malmö, Sweden |
| Founded | Not stated |
| EU Presence | Yes - Sweden (EU) |
| Data Location | Option with all storage and processing in Sweden |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | Not stated |
| Main Features | Consolidation, automatic eliminations, group structure overview with ownership and goodwill, drill-down to voucher, budgeting and forecasting, Power BI visuals, performance reporting |
| Pricing | Pricing on request via contact form |
| Best For | Nordic groups that consolidate and report in one finance platform |
| Replaces | Workiva, group consolidation spreadsheets |
Detailed Review
Hypergene describes itself as having 20 years of experience, 600+ customers and Nordic roots. Its group policy applies to Hypergene AB and its subsidiaries, and its pages list offices in Malmö, Stockholm and Gothenburg.
For finance, the relevant solution is the Profitbase CFO platform, described as an extensible platform for financial planning, analysis and consolidation.
Consolidation and Group Reporting
The consolidation page lists an overview of every entity with ownership, currency, acquisition cost, goodwill and depreciation, automatic eliminations based on counterparty codes or accounts, and posting of consolidation adjustments. Users can drill down from group figures to voucher specifications.
Planning on the Same Platform
The same platform covers budgets and forecasts, so planned and actual group figures can be compared in one system. The vendor also offers custom Power BI visuals.
Security
The trust centre states that Hypergene is certified to ISO 27001 across its operations and offers solutions where all storage and data processing take place in Sweden. It says it follows DORA and NIS2 developments.
Limitations to Consider
Many pages are partly in Swedish, pricing is only available through a contact form, and no ESEF or XBRL tagging is listed, so a filing step needs a tool such as CoreFiling. The vendor is smaller than the global consolidation suppliers and the legal entity details are not shown in a single imprint on the pages checked.
Who Should Use Hypergene
Nordic and European groups, including real estate and public-sector-adjacent finance teams, that want consolidation and planning from a Swedish vendor.
Pros and Cons
Pros
- Consolidation with automatic eliminations
- Drill-down to voucher level
- ISO 27001 stated
- Swedish storage and processing option
- Planning and reporting on one platform
Cons
- No published pricing
- No XBRL or ESEF tagging listed
- Some content only in Swedish
- No single imprint page found
Alternatives to Hypergene
Other European financial reporting software worth comparing before you decide:
Lucanet
Germany · Financial consolidation, planning and disclosure management in one platform
Jedox
Germany · Planning, budgeting and reporting in one Excel-friendly model
Diamant Software
Germany · Accounting suite with group consolidation and EU-hosted cloud
CoreFiling
United Kingdom · XBRL, iXBRL and ESEF tagging and filing software
See all European financial reporting software or compare them directly against Workiva on our alternatives page.
Frequently Asked Questions
Yes, the consolidation page lists automatic eliminations based on counterparty codes or accounts.
The trust centre says solutions are offered where all storage and data processing take place in Sweden.
It states ISO 27001 certification covering all of its operations.