Systematic Holding ApS

Private limited companyCVR 19000680RisskovActive

Systematic Holding ApS is a private limited company, based in Risskov, active in non-financial holding companies, founded in 1995. Net profit rose 120% from 2024 to 2025, ending at DKK 392.7m. Profit has grown three years in a row. Equity grew to DKK 1.2bn in 2025.

PDF report Compare

Key figures · financial year 2025

Gross profit−DKK 2.1m+16.5% vs. 2024

Net profitDKK 392.7m+119.8% vs. 2024

EquityDKK 1.2bn+38% vs. 2024

Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Net profit rose 120% (2024 → 2025), to DKK 392.7m.
Equity rose 38% (2024 → 2025), to DKK 1.2bn.

Employees

1 more employees than a year earlier: 2 (08/2026) against 1 (08/2025).

Management and owners, last 24 months

New in management: Pernille Salling Holm (director, 12/05/2025), Kasper Luscombe Kielsgaard Holm (board member, 17/08/2026) and Michael Holm (chair of the board, 17/08/2026) (+2).
Stepped down: Michael Holm (director, 17/08/2026).

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

EquityNet profit

Financial figures for Systematic Holding ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−824	−344	−5,659	−6,520	−2,514	−2,099	+16.5%
Operating profit (EBIT)	−1,305	−951	−6,266	−7,127	−4,830	−4,030	+16.6%
Profit before tax	71,551	129,718	54,766	135,066	186,158	390,629	+109.8%
Net profit	71,192	125,165	60,713	131,221	178,639	392,660	+119.8%
Total assets	441,991	568,477	620,470	748,924	902,822	1,257,001	+39.2%
Equity	428,577	550,930	608,037	721,975	849,303	1,172,356	+38%
Liabilities	13,414	17,547	12,433	26,919	53,496	84,638	+58.2%
Cash and cash equivalents	13,090	678	38,709	41,289	72,111	209,041	+189.9%
Average number of employees	1	1	1	1	1	1	0%

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

Compare with the industry (2,138 companies)

Gross profitMedian, the industry (2,138 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 Holding ApS
Financial year	Period	Published	Figures for	Documents
2025	01/10/2024 – 30/09/2025	19/12/2025	The company	PDF not statedXBRL
2024	01/10/2023 – 30/09/2024	12/03/2025	The company	PDF XBRL
2023	01/10/2022 – 30/09/2023	08/02/2024	The company	PDF XBRL
2022	01/10/2021 – 30/09/2022	25/01/2023	The company	PDF XBRL
2021	01/10/2020 – 30/09/2021	21/02/2022	The company	PDF XBRL
2020	01/10/2019 – 30/09/2020	10/02/2021	The company	PDF XBRL

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

Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profit−DKK 2.1mNo. 2022 of 2,093

Better than 3% of the companies in the industry

EquityDKK 1.2bnNo. 73 of 2,138

Better than 97% of the companies in the industry

Number of employees2No. 966 of 2,138

Better than 55% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

Distribution of gross profit for 820 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 69,214of 69,742 Better than 1%	No. 191of 69,964 Better than 100%
Same industry and fewer than 20 employees2,092 companies in the comparison	No. 1,981of 2,048 Better than 3%	No. 65of 2,092 Better than 97%
Companies that are at least 30 years old10,276 companies in the comparison	No. 10,091of 10,152 Better than 1%	No. 195of 10,275 Better than 98%
All companies of type ApS66,508 companies in the comparison	No. 65,948of 66,379 Better than 1%	No. 85of 66,505 Better than 100%

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

Non-financial holding companies

Gross profit

Systematic Holding ApS−DKK 2.1m
Heartland A/SDKK 19.9bn
Andel A.M.B.A.DKK 5.6bn

Net profit

Systematic Holding ApSDKK 392.7m
Heartland A/SDKK 4.9bn
Andel A.M.B.A.−DKK 2.9bn

Equity

Systematic Holding ApSDKK 1.2bn
Heartland A/SDKK 39.2bn
Andel A.M.B.A.DKK 29.5bn

Employees

Systematic Holding ApS2
Heartland A/S34
Andel A.M.B.A.28

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

Michael Holm Holding ApS50% · 100% votes
Kristian Salling Holm Holding ApS10% · 0% votes
Kaare Salling Holm Holding ApS10% · 0% votes
Klaus Kielsgaard Holding ApS10% · 0% votes
Kathrine Kielsgaard Holding ApS10% · 0% votes
Kasper Kielsgaard Holm ApS10% · 0% votes

Systematic Holding ApS

Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Systematic Holding ApS
Name	Role	Appointed
Pernille Salling Holm	Director	12/05/2025

Board of directors

Board of directors at Systematic Holding ApS
Name	Role	Appointed
Kasper Luscombe Kielsgaard Holm	Board member	17/08/2026
Michael Holm	Chair of the board	17/08/2026
Kathrine Kielsgaard	Board member	17/08/2026
Klaus Kielsgaard	Board member	17/08/2026

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: Michael Holm

Former management (1)

Former management at Systematic Holding ApS
Name	Role	Appointed	Resigned
Michael Holm	Director	01/10/1995	17/08/2026

Signing rule: Selskabet tegnes af en direktør eller bestyrelsesformanden alene eller af den samlede bestyrelse

Address and production units

1 active production units

Lindevangsvej 17
8240 Risskov

Aarhus Municipality · Postcode 8240

Production units
Production unit	Address	Industry	Employees	P number
Systematic Holding ApS	Lindevangsvej 17, 8240 Risskov	Non-financial holding companies	2	1003643219

Purpose

Selskabets formål er at erhverve og besidde aktier og anparter samt anden i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

45 registered events

02015

02016

02017

42018

142019

02020

12021

12022

12023

12024

32025

52026

20265 changesmanagement 5

17/08ManagementKasper Luscombe Kielsgaard Holm appointed board member
17/08ManagementMichael Holm appointed chair of the board
17/08ManagementKathrine Kielsgaard appointed board member
17/08ManagementKlaus Kielsgaard appointed board member
17/08ManagementMichael Holm stepped down as director

20253 changesaccounts 2 · management 1

19/12AccountsAnnual report for 2025 published
12/05ManagementPernille Salling Holm appointed director
12/03AccountsAnnual report for 2024 published

20241 changeaccounts 1

08/02AccountsAnnual report for 2023 published

20231 changeaccounts 1

25/01AccountsAnnual report for 2022 published

20221 changeaccounts 1

21/02AccountsAnnual report for 2021 published

20211 changeaccounts 1

10/02AccountsAnnual report for 2020 published

201914 changesownership 13 · industry 1

27/08OwnershipKasper Kielsgaard Holm ApS registered as owner (10%)
27/08OwnershipMichael Holm Holding ApS registered as owner (50%)
27/08OwnershipKathrine Kielsgaard Holding ApS registered as owner (10%)
27/08OwnershipKlaus Kielsgaard Holding ApS registered as owner (10%)
27/08OwnershipKaare Salling Holm Holding ApS registered as owner (10%)
27/08OwnershipKristian Salling Holm Holding ApS registered as owner (10%)
27/08OwnershipMichael Holm Holding ApS is no longer registered as owner
27/08OwnershipMichael Holm is no longer registered as owner
27/08OwnershipKasper Luscombe Kielsgaard Holm is no longer registered as owner
27/08OwnershipKristian Salling Holm is no longer registered as owner
27/08OwnershipKaare Salling Holm is no longer registered as owner
27/08OwnershipKlaus Kielsgaard is no longer registered as owner
27/08OwnershipKathrine Kielsgaard is no longer registered as owner
29/04IndustryIndustry changed to Ikke-finansielle holdingselskaber (642020)

20184 changesownership 3 · name 1

23/02OwnershipMichael Holm Holding ApS registered as owner (10%)
23/02OwnershipMichael Holm registered as owner (33.33%)
22/02NameName changed from MICHAEL HOLM HOLDING ApS to Systematic Holding ApS
22/02OwnershipMichael Holm is no longer registered as owner

20116 changesownership 6

30/12OwnershipKasper Luscombe Kielsgaard Holm registered as owner (10%)
30/12OwnershipKristian Salling Holm registered as owner (10%)
30/12OwnershipKaare Salling Holm registered as owner (10%)
30/12OwnershipKlaus Kielsgaard registered as owner (10%)
30/12OwnershipKathrine Kielsgaard registered as owner (10%)
30/12OwnershipMichael Holm registered as owner (50%)

20082 changescapital 1 · industry 1

20/08CapitalShare capital changed from 201,000 DKK to 3,700,000 DKK
01/01IndustryIndustry changed to Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n. (773900)

20061 changeaddress 1

17/05AddressMoved to Lindevangsvej 17, 8240 Risskov

20041 changeaddress 1

07/12AddressMoved to Værkmestergade 25, 17, 8000 Århus C

20021 changeindustry 1

10/01IndustryIndustry changed to Udlejning af maskiner og udstyr i øvrigt (713400)

20001 changeaddress 1

03/04AddressMoved to Lindevangsvej 17, 8240 Risskov

19961 changecapital 1

26/02CapitalShare capital changed from 200,000 DKK to 201,000 DKK

19952 changesfounded 1 · management 1

01/10FoundedRegistered as MICHAEL HOLM HOLDING ApS
01/10ManagementMichael Holm appointed director

Related companies

Same industry in Aarhus

NRGI A.m.b.a.105 employees
Plantas Group A/S48 employees
Heartland A/S34 employees
Svane Køkkenet Midtjylland A/S31 employees
B-a-r ApS18 employees
CVF-Holding ApS14 employees

See all →

Same people in management

Københavns Lufthavne A/Svia Michael Holm
Systematic A/Svia Michael Holm
AGF A/Svia Pernille Salling Holm
KP Components A/Svia Michael Holm
Avk Holding A/Svia Michael Holm
Alx A/Svia Michael Holm

Largest in the industry

See all →

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 CVR Report a correction