Systematic A/S

Public limited companyCVR 78834412Aarhus CActive

Systematic A/S is a public limited company, based in Aarhus C, active in computer programming activities, founded in 1985. Net profit rose 152% from 2024 to 2025, ending at DKK 86m. Profit has grown three years in a row. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2025

RevenueDKK 299.6m+37.5% vs. 2024
Net profitDKK 86m+151.6% vs. 2024
EquityDKK 116.6m+16.8% vs. 2024
Employees967latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 46% (2024 → 2025), to DKK 235.5m.
  • Revenue rose 37% (2024 → 2025), to DKK 299.6m.
  • Net profit rose 152% (2024 → 2025), to DKK 86m.
  • Equity rose 17% (2024 → 2025), to DKK 116.6m.

Employees

  • 96 more employees than a year earlier: 967 (07/2026) against 871 (07/2025).

Management and owners, last 24 months

  • New in management: Morten Bæk (board member, 10/12/2025).
  • Stepped down: Nick Hækkerup (board member, 10/12/2025) and Christina Balis (board member, 30/06/2026).

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 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for Systematic A/S
202020212022202320242025Change
Revenue148,220173,124178,085191,772217,959299,589+37.5%
Gross profit104,094122,498115,024138,967161,279235,546+46%
Operating profit (EBIT)19,63532,68123,07335,38244,605107,613+141.3%
Profit before tax19,72031,76924,63135,01545,270111,067+145.3%
Net profit15,65024,43519,46027,32734,16085,960+151.6%
Total assets119,518149,282145,546171,599159,887208,531+30.4%
Equity62,03580,38986,780103,29299,836116,586+16.8%
Liabilities54,09068,69058,39663,49455,30187,933+59%
Cash and cash equivalents48,05575,79663,06083,96495,452141,432+48.2%
Average number of employees9188829039469941,081+8.8%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

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

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
Gross profitMedian, the industry (1,661 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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 Systematic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202519/12/2025The groupPDF not statedXBRL
202401/10/2023 – 30/09/202417/12/2024The groupPDFXBRL
202301/10/2022 – 30/09/202302/01/2024The groupPDFXBRL
202201/10/2021 – 30/09/202216/12/2022The groupPDFXBRL
202101/10/2020 – 30/09/202114/02/2022The groupPDFXBRL
202001/10/2019 – 30/09/202008/01/2021The groupPDFXBRL

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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,661 companies in the database

Comparison with the other companies in computer programming activities based on the latest financial year.

Gross profitDKK 235.5mNo. 12 of 1,656
Better than 99% of the companies in the industry
EquityDKK 116.6mNo. 35 of 1,661
Better than 98% of the companies in the industry
Number of employees967No. 5 of 1,661
Better than 100% of the companies in the industry

Industry median: gross profit DKK 2.6m, net profit DKK 93,491, equity DKK 1m, 4 employees.

DKK 100kDKK 978kDKK 9.6mDKK 93.7mDKK 428.6mHere
Distribution of gross profit for 1,474 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 500–999 employees207 companies in the comparison
No. 117of 189
Better than 38%
No. 134of 207
Better than 35%
Companies that are at least 30 years old10,276 companies in the comparison
No. 371of 10,152
Better than 96%
No. 1,134of 10,275
Better than 89%
All companies of type A/S18,025 companies in the comparison
No. 650of 17,786
Better than 96%
No. 2,053of 18,024
Better than 89%

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

Computer programming activities
Gross profit
  1. Systematic A/SDKK 235.5m
  2. Stibo Systems A/SDKK 916.6m
  3. Trackunit ApSDKK 897.1m
Net profit
  1. Systematic A/SDKK 86m
  2. Stibo Systems A/SDKK 155.9m
  3. Trackunit ApSDKK 206.3m
Equity
  1. Systematic A/SDKK 116.6m
  2. Stibo Systems A/SDKK 309.7m
  3. Trackunit ApSDKK 1.7bn
Employees
  1. Systematic A/S967
  2. Stibo Systems A/S201
  3. Trackunit ApS249

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

Owners and group

from the Public Ownership Register
Systematic A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

9 active registrations

Executive management

Executive management at Systematic A/S
NameRoleAppointed
Nikolaj Holm BramsenCEO13/12/2023

Board of directors

Board of directors at Systematic A/S
NameRoleAppointed
Lars Monrad-GyllingDeputy chair24/02/2016
Thomas Schwartz LarsenDeputy board member12/12/2018
Helle Østegaard KristiansenBoard member26/02/2020
Anders Jacob TruelsenDeputy board member13/12/2022
Allan Weinhandler IversenBoard member13/12/2022
Pernille Keum Hjort MøllerBoard member13/12/2022
Michael HolmChair of the board13/12/2023
Morten BækBoard member10/12/2025
Former management (44)
Former management at Systematic A/S
NameRoleAppointedResigned
Claus Søgaard-ChristensenBoard member19/08/198522/01/2009
Michael HolmBoard member19/08/198517/04/2009
Allan Steen SchyttBoard member19/08/198517/04/1996
Allan Steen SchyttDirector19/08/198528/09/1995
Knud KristensenBoard member19/08/198502/02/1993
Povl HjeltBoard member19/08/198508/01/1993
Gert LarsenBoard member08/01/199329/04/1996
Erik Preben MejerBoard member29/04/199622/01/2009
Carsten Højmose KristensenBoard member12/12/199724/01/2002
Tage LundBoard member12/12/199715/05/2000
Christian JeppesenDeputy board member12/12/199724/01/2002
Peter HundborgBoard member15/05/200024/01/2002
Mikkel KjærDeputy board member24/01/200227/10/2005
Bent MyllerupBoard member24/01/200227/10/2005
Anders Goul NielsenBoard member24/01/200202/02/2006
Anni Birthe GadkjærDeputy board member24/01/200215/09/2005
Lars JohanssonDirector01/09/200531/12/2011
Anne-Marie Søe LysgaardDeputy board member27/10/200526/01/2011
Jimmi JørgensenDeputy board member02/02/200630/06/2008
Niels DamgaardBoard member02/02/200626/01/2011
Niels Bo Theilgaard MadsenBoard member22/01/200901/02/2016
Alex Holm JensenChair of the board17/04/200923/01/2013
Torben Ballegaard SørensenDeputy chair17/04/200923/02/2016
Michael HolmCEO17/04/200913/12/2023
Gitte OttosenDeputy board member26/01/201123/01/2013
Nikolaj Holm BramsenBoard member26/01/201101/11/2018
Jan ReherDeputy board member26/01/201104/02/2015
Richard Anthony Fairfax BakerBoard member26/01/201104/02/2015
Lars JohanssonBoard member25/01/201221/08/2013
Peter Lorens RavnChair of the board23/01/201313/12/2023
Timothy Michael WickhamBoard member22/01/201413/12/2023
Anders Jacob TruelsenDeputy board member04/02/201531/10/2018
Brian Mandal Søndergaard FiskerBoard member04/02/201512/12/2018
Allan Weinhandler IversenDeputy board member04/02/201531/10/2018
Lars Monrad-GyllingBoard member01/02/201623/02/2016
Torben Ballegaard SørensenBoard member24/02/201613/12/2016
John Michael HannibalBoard member13/12/201608/02/2022
Anders Jacob TruelsenDeputy board member01/11/201812/12/2018
Allan Weinhandler IversenBoard member01/11/201812/12/2018
Anne Bloch ØstergaardBoard member12/12/201813/12/2022
Aik Marco Makinen PetersenDeputy board member12/12/201831/01/2021
Florin PredaBoard member12/12/201813/12/2022
Nick HækkerupBoard member07/12/202210/12/2025
Christina BalisBoard member27/02/202430/06/2026

Signing rule: Selskabet tegnes af en direktør sammen med bestyrelsesformanden, bestyrelsesformanden alene, eller af den samlede bestyrelse.

Address and production units

3 active production units

Søren Frichs Vej 39
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Production units
Production unitAddressEmployeesP number
SYSTEMATIC A/SSøren Frichs Vej 39, 8000 Aarhus C9001002563084
Systematic A/SNørre Voldgade 15, 1358 København K931032283248
Systematic A/SHerningvej 30, 7470 Karup J81023735713

Purpose

Selskabets formål er at drive IT-virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

122 registered events
20261 changemanagement 1
  • Christina Balis stepped down as board member
20253 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Morten Bæk appointed board member
  • Nick Hækkerup stepped down as board member
20243 changesaccounts 2 · management 1
  • Annual report for 2024 published
  • Christina Balis appointed board member
  • Annual report for 2023 published
20235 changesmanagement 5
  • Nikolaj Holm Bramsen appointed ceo
  • Michael Holm appointed chair of the board
  • Timothy Michael Wickham stepped down as board member
  • Peter Lorens Ravn stepped down as chair of the board
  • Michael Holm stepped down as ceo
20229 changesaccounts 2 · management 7
  • Annual report for 2022 published
  • Pernille Keum Hjort Møller appointed board member
  • Anders Jacob Truelsen appointed deputy board member
  • Allan Weinhandler Iversen appointed board member
  • Anne Bloch Østergaard stepped down as board member
  • Florin Preda stepped down as board member
  • Nick Hækkerup appointed board member
  • Annual report for 2021 published
  • John Michael Hannibal stepped down as board member
20212 changesmanagement 1 · accounts 1
  • Aik Marco Makinen Petersen stepped down as deputy board member
  • Annual report for 2020 published
20201 changemanagement 1
  • Helle Østegaard Kristiansen appointed board member
20191 changemerger 1
  • Merger registered in CVR
201813 changesmanagement 12 · address 1
  • Anne Bloch Østergaard appointed board member
  • Thomas Schwartz Larsen appointed deputy board member
  • Florin Preda appointed board member
  • Aik Marco Makinen Petersen appointed deputy board member
  • Allan Weinhandler Iversen stepped down as board member
  • Anders Jacob Truelsen stepped down as deputy board member
  • Brian Mandal Søndergaard Fisker stepped down as board member
  • Moved to Søren Frichs Vej 39, 8000 Aarhus C
  • Allan Weinhandler Iversen appointed board member
  • Anders Jacob Truelsen appointed deputy board member
  • Nikolaj Holm Bramsen stepped down as board member
  • Allan Weinhandler Iversen stepped down as deputy board member
  • Anders Jacob Truelsen stepped down as deputy board member
20168 changesmanagement 8
  • John Michael Hannibal appointed board member
  • Torben Ballegaard Sørensen stepped down as board member
  • Lars Monrad-Gylling appointed deputy chair
  • Torben Ballegaard Sørensen appointed board member
  • Lars Monrad-Gylling stepped down as board member
  • Torben Ballegaard Sørensen stepped down as deputy chair
  • Lars Monrad-Gylling appointed board member
  • Niels Bo Theilgaard Madsen stepped down as board member
20155 changesmanagement 5
  • Brian Mandal Søndergaard Fisker appointed board member
  • Allan Weinhandler Iversen appointed deputy board member
  • Anders Jacob Truelsen appointed deputy board member
  • Jan Reher stepped down as deputy board member
  • Richard Anthony Fairfax Baker stepped down as board member
20141 changemanagement 1
  • Timothy Michael Wickham appointed board member
20134 changesmanagement 4
  • Lars Johansson stepped down as board member
  • Peter Lorens Ravn appointed chair of the board
  • Gitte Ottosen stepped down as deputy board member
  • Alex Holm Jensen stepped down as chair of the board
20121 changemanagement 1
  • Lars Johansson appointed board member
20117 changesmanagement 7
  • Lars Johansson stepped down as director
  • Jan Reher appointed deputy board member
  • Gitte Ottosen appointed deputy board member
  • Nikolaj Holm Bramsen appointed board member
  • Richard Anthony Fairfax Baker appointed board member
  • Niels Damgaard stepped down as board member
  • Anne-Marie Søe Lysgaard stepped down as deputy board member
20098 changesmanagement 7 · name 1
  • Michael Holm appointed ceo
  • Torben Ballegaard Sørensen appointed deputy chair
  • Alex Holm Jensen appointed chair of the board
  • Michael Holm stepped down as board member
  • Niels Bo Theilgaard Madsen appointed board member
  • Erik Preben Mejer stepped down as board member
  • Claus Søgaard-Christensen stepped down as board member
  • Name changed from SYSTEMATIC SOFTWARE ENGINEERING A/S to SYSTEMATIC A/S
20082 changesmanagement 1 · industry 1
  • Jimmi Jørgensen stepped down as deputy board member
  • Industry changed to Computerprogrammering (620100)
20072 changesownership 1 · address 1
  • AHJ HOLDING ÅRHUS ApS registered as owner (15%)
  • Moved to Søren Frichs Vej 39, 8000 Aarhus C
20063 changesmanagement 3
  • Jimmi Jørgensen appointed deputy board member
  • Niels Damgaard appointed board member
  • Anders Goul Nielsen stepped down as board member
20055 changesmanagement 5
  • Anne-Marie Søe Lysgaard appointed deputy board member
  • Mikkel Kjær stepped down as deputy board member
  • Bent Myllerup stepped down as board member
  • Anni Birthe Gadkjær stepped down as deputy board member
  • Lars Johansson appointed director
20033 changesaddress 2 · industry 1
  • Moved to Søren Frichs Vej 39, 8000 Århus C
  • Moved to Søren Frichs Vej 39, 8000 Århus C
  • Industry changed to Udvikling af kundespecifikt software og konsulentbistand i forbindelse med software (722200)
20027 changesmanagement 7
  • Mikkel Kjær appointed deputy board member
  • Anni Birthe Gadkjær appointed deputy board member
  • Anders Goul Nielsen appointed board member
  • Bent Myllerup appointed board member
  • Peter Hundborg stepped down as board member
  • Christian Jeppesen stepped down as deputy board member
  • Carsten Højmose Kristensen stepped down as board member
20002 changesmanagement 2
  • Peter Hundborg appointed board member
  • Tage Lund stepped down as board member
19993 changesownership 2 · capital 1
  • E. BANK LAURIDSEN HOLDING A/S registered as owner (25%)
  • Systematic Holding ApS registered as owner (50%)
  • Share capital changed from 7,500,000 DKK to 10,000,000 DKK
19974 changescapital 1 · management 3
  • Share capital changed from 1,200,000 DKK to 7,500,000 DKK
  • Tage Lund appointed board member
  • Christian Jeppesen appointed deputy board member
  • Carsten Højmose Kristensen appointed board member
19963 changesmanagement 3
  • Erik Preben Mejer appointed board member
  • Gert Larsen stepped down as board member
  • Allan Steen Schytt stepped down as board member
19951 changemanagement 1
  • Allan Steen Schytt stepped down as director
19941 changecapital 1
  • Share capital changed from 800,000 DKK to 1,200,000 DKK
19933 changesmanagement 3
  • Knud Kristensen stepped down as board member
  • Gert Larsen appointed board member
  • Povl Hjelt stepped down as board member
19891 changecapital 1
  • Share capital changed from 400,000 DKK to 800,000 DKK
19873 changesname 2 · capital 1
  • Name changed from SYSTEMATIC COMPUTER SYSTEMS A/S to SYSTEMATIC SOFTWARE ENGINEERING A/S
  • Share capital changed from 80,000 DKK to 400,000 DKK
  • Name changed from INFOP ApS to SYSTEMATIC COMPUTER SYSTEMS A/S
19857 changesfounded 1 · management 6
  • Registered as INFOP ApS
  • Michael Holm appointed board member
  • Povl Hjelt appointed board member
  • Knud Kristensen appointed board member
  • Allan Steen Schytt appointed director
  • Allan Steen Schytt appointed board member
  • Claus Søgaard-Christensen appointed board member

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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 23/10/2026.

View in CVRReport a correction