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System Audio A/S

Public limited companyCVR 13862788RoskildeActive

System Audio A/S is a public limited company, based in Roskilde, active in manufacture of consumer electronics, founded in 1990. The company made a loss in both 2024 and 2025, most recently DKK 4.2m. Equity grew to DKK 1.6m in 2025. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profit−DKK 1.6m−206.7% vs. 2024
Net profit−DKK 4.2m−490.2% vs. 2024
EquityDKK 1.6m+233.8% vs. 2024
Employees9latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 207% (2024 → 2025), to −DKK 1.6m.
  • The loss grew: from DKK 707k to DKK 4.2m (2024 → 2025).
  • Equity rose 234% (2024 → 2025), to DKK 1.6m.

Employees

  • 5 more employees than a year earlier: 9 (08/2026) against 4 (08/2025).

Management and owners, last 24 months

  • New in management: Jens Peter Zinck (board member, 26/06/2025), Jacob Jelsing (chair of the board, 26/06/2025) and Allan Jørgen Johansen (board member, 26/06/2025) (+1).
  • Stepped down: Kristine Askvad Hviid Klæbel (board member, 26/06/2025) and Allan Jørgen Johansen (chair of the board, 25/06/2025).
  • New owners registered: Allan Jørgen Johansen (23/06/2026), Ow ApS (23/06/2026) and Change Ventures ApS (23/06/2026) (+4).
  • No longer registered as owner: Allan Jørgen Johansen (25/06/2025), Ow ApS (25/06/2025) and Allan Jørgen Johansen (22/06/2026) (+3).

Registrations, last 24 months

  • 23/06/2026: Share capital changed from 975,000 DKK to 1,497,000 DKK
  • 26/06/2025: Share capital changed from 500,000 DKK to 975,000 DKK

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2m202020212022202320242025
EquityNet profit
Financial figures for System Audio A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,9013,3133,1071,7911,540−1,644−206.7%
Operating profit (EBIT)−3801,327862−461−490−3,624−639.3%
Profit before tax−7531,017416−819−902−4,090−353.4%
Net profit−313837355−645−707−4,174−490.2%
Total assets7,1527,5368,7126,6105,2655,136−2.4%
Equity7821,4761,8311,1864791,598+233.8%
Liabilities6,3705,8366,5955,3124,7863,538−26.1%
Cash and cash equivalents426552755+708.8%
Average number of employees4222220%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
Gross profitMedian, the industry (42 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for System Audio A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202502/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202411/10/2024The companyPDFXBRL
202301/07/2022 – 30/06/202306/11/2023The companyPDFXBRL
202201/07/2021 – 30/06/202219/12/2022The companyPDFXBRL
202101/07/2020 – 30/06/202119/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202018/12/2020The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

42 companies in the database

Comparison with the other companies in manufacture of consumer electronics based on the latest financial year.

Gross profit−DKK 1.6mNo. 42 of 42
Better than 0% of the companies in the industry
EquityDKK 1.6mNo. 27 of 42
Better than 37% of the companies in the industry
Number of employees9No. 29 of 42
Better than 32% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 108k, equity DKK 3.3m, 4 employees.

DKK 249kDKK 2.9mDKK 34.3mDKK 402.1mDKK 2.1bn
Distribution of gross profit for 34 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 69,088of 69,742
Better than 1%
No. 27,308of 69,964
Better than 61%
Same industry and fewer than 20 employees33 companies in the comparison
No. 33of 33
Better than 0%
No. 18of 33
Better than 47%
Companies that are at least 30 years old10,276 companies in the comparison
No. 10,075of 10,152
Better than 1%
No. 8,240of 10,275
Better than 20%
All companies of type A/S18,025 companies in the comparison
No. 17,504of 17,786
Better than 2%
No. 15,071of 18,024
Better than 16%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of consumer electronics
Gross profit
  1. System Audio A/S−DKK 1.6m
  2. GN Hearing A/SDKK 4.7bn
  3. Bang & Olufsen Operations A/SDKK 423.2m
Net profit
  1. System Audio A/S−DKK 4.2m
  2. GN Hearing A/SDKK 971m
  3. Bang & Olufsen Operations A/SDKK 257.1m
Equity
  1. System Audio A/SDKK 1.6m
  2. GN Hearing A/SDKK 17.1bn
  3. Bang & Olufsen Operations A/SDKK 660.6m
Employees
  1. System Audio A/S9
  2. GN Hearing A/S1,365
  3. Bang & Olufsen Operations A/S394

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Allan Jørgen Johansen10%
  • Ow ApS20%
  • Change Ventures ApS50%
System Audio A/S

Management

6 active registrations

Executive management

Executive management at System Audio A/S
NameRoleAppointed
Ole Witthøft PetersenDirector01/02/1990
Poul Henning PedersenDirector13/01/2026

Board of directors

Board of directors at System Audio A/S
NameRoleAppointed
Ole Witthøft PetersenBoard member19/08/1999
Jens Peter ZinckBoard member26/06/2025
Jacob JelsingChair of the board26/06/2025
Allan Jørgen JohansenBoard member26/06/2025
Auditor
Lægård Revision Statsautoriseret revisionsfirma
Founders
Ole Witthøft Petersen, Allan Jørgen Johansen
Former management (6)
Former management at System Audio A/S
NameRoleAppointedResigned
Allan Jørgen JohansenDirector01/02/199019/08/1999
Steen Erik MønstedChair of the board19/08/199926/09/2001
Johan Fløe SvenningsenChair of the board26/09/200130/11/2005
Adam Christian HarhoffChair of the board29/11/200627/02/2013
Kristine Askvad Hviid KlæbelBoard member27/02/201326/06/2025
Allan Jørgen JohansenChair of the board27/02/201325/06/2025

Signing rule: Selskabet tegnes af to direktører i forening, af et bestyrelsesmedlem alene eller af den samlede bestyrelse

Address and production units

1 active production units

Langebjerg 35A
4000 Roskilde

Roskilde Municipality · Postcode 4000

Production units
Production unitAddressEmployeesP number
SYSTEM AUDIO A/SLangebjerg 35A, 4000 Roskilde91000638185

Purpose

Selskabets formål er drive handel og anden tilknyttet virksomhed efter bestyrelsens beslutning

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20268 changescapital 1 · ownership 6 · management 1
  • Share capital changed from 975,000 DKK to 1,497,000 DKK
  • OW ApS registered as owner (20%)
  • Allan Jørgen Johansen registered as owner (10%)
  • Change Ventures ApS registered as owner (50%)
  • Change Ventures ApS is no longer registered as owner
  • OW ApS is no longer registered as owner
  • Allan Jørgen Johansen is no longer registered as owner
  • Poul Henning Pedersen appointed director
202514 changesownership 7 · accounts 1 · capital 1 · management 5
  • Change Ventures ApS registered as owner (33.33%)
  • ZJ Group ApS is no longer registered as owner
  • Annual report for 2025 published
  • Share capital changed from 500,000 DKK to 975,000 DKK
  • Allan Jørgen Johansen appointed board member
  • Jens Peter Zinck appointed board member
  • Jacob Jelsing appointed chair of the board
  • Kristine Askvad Hviid Klæbel stepped down as board member
  • OW ApS registered as owner (33.33%)
  • Allan Jørgen Johansen registered as owner (20%)
  • ZJ Group ApS registered as owner (33.33%)
  • Allan Jørgen Johansen stepped down as chair of the board
  • OW ApS is no longer registered as owner
  • Allan Jørgen Johansen is no longer registered as owner
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20212 changesaccounts 1 · address 1
  • Annual report for 2021 published
  • Moved to Langebjerg 35A, 4000 Roskilde
20201 changeaccounts 1
  • Annual report for 2020 published
20141 changeaddress 1
  • Moved to Klosterengen 137L, 4000 Roskilde
20133 changesmanagement 3
  • Kristine Askvad Hviid Klæbel appointed board member
  • Allan Jørgen Johansen appointed chair of the board
  • Adam Christian Harhoff stepped down as chair of the board
20081 changeindustry 1
  • Industry changed to Manufacture of consumer electronics (264000)
20061 changemanagement 1
  • Adam Christian Harhoff appointed chair of the board
20051 changemanagement 1
  • Johan Fløe Svenningsen stepped down as chair of the board
20031 changeaddress 1
  • Moved to Klosterengen 137K, Himmelev, 4000 Roskilde
20021 changeownership 1
  • OW ApS registered as owner (50%)
20012 changesmanagement 2
  • Johan Fløe Svenningsen appointed chair of the board
  • Steen Erik Mønsted stepped down as chair of the board
19995 changescapital 1 · management 3 · ownership 1
  • Share capital changed from 290,000 DKK to 500,000 DKK
  • Steen Erik Mønsted appointed chair of the board
  • Ole Witthøft Petersen appointed board member
  • Allan Jørgen Johansen stepped down as director
  • Allan Jørgen Johansen registered as owner (33.33%)
19981 changecapital 1
  • Share capital changed from 210,000 DKK to 290,000 DKK
19971 changecapital 1
  • Share capital changed from 90,000 DKK to 210,000 DKK
19903 changesfounded 1 · management 2
  • Registered as SYSTEM AUDIO A/S
  • Ole Witthøft Petersen appointed director
  • Allan Jørgen Johansen appointed director

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction