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Systems Engineering A/S

Public limited companyCVR 25390423København ØActive

Systems Engineering A/S is a public limited company, based in København Ø, active in other professional, scientific and technical activities n.e.c., founded in 2013. Net profit rose 124% from 2023 to 2024, ending at DKK 1.3m. With 12 employees, the company is about 6 times larger than the industry median. Equity grew to DKK 3.3m in 2024.

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Key figures · financial year 2024

Gross profitDKK 8.4m+23.1% vs. 2023
Net profitDKK 1.3m+124.2% vs. 2023
EquityDKK 3.3m+47.9% vs. 2023
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2024 against 2023

  • Gross profit rose 23% (2023 → 2024), to DKK 8.4m.
  • Net profit rose 124% (2023 → 2024), to DKK 1.3m.
  • Equity rose 48% (2023 → 2024), to DKK 3.3m.

Management and owners, last 24 months

  • New in management: Frederik Kühl Hejgaard (board member, 15/11/2024), Henrik Balslev (chair of the board, 27/10/2025) and Harald Bjørndal Hersted (director, 27/10/2025) (+1).
  • Stepped down: Henrik Balslev (director, 27/10/2025), Henrik Balslev (board member, 26/10/2025) and Gunnar Friborg (chair of the board, 27/10/2025).

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 2019–2024 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m201920202021202220232024
EquityNet profit
Financial figures for Systems Engineering A/S
201920202021202220232024Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7,8788,8525,9968,0356,8078,382+23.1%
Operating profit (EBIT)5,1364,7263,6952,8317561,687+123%
Profit before tax5,2634,6983,6442,7837461,704+128.2%
Net profit4,1013,6632,8402,1665901,323+124.2%
Total assets14,12915,95117,37618,8504,2499,751+129.5%
Equity6,5727,98510,82512,8912,2463,323+47.9%
Liabilities6,9406,3154,0892,8812,0026,427+221%
Cash and cash equivalents4,9856,5032,9203,4703,0572,511−17.9%
Average number of employees5669911+22.2%

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 2019, 2020, 2021, 2022, 2023, 2024: 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 0DKK 2mDKK 4mDKK 6mDKK 8m201920202021202220232024
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2024 figures

  • A more recent annual report is missing

    The latest annual report in the database is for 2024 (period ending 2024-12-31). The next year's report is not in the database.

    How is this calculated?

    More than 19 months have passed since the end of the latest annual report's period: a twelve-month financial year, a five-month deadline and two months of margin. The company may have a shifted financial year, or the report has not been loaded yet.

  • Profit for five years in a row

    Net result has been positive in 2020–2024.

    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 Systems Engineering A/S
Financial yearPeriodPublishedFigures forDocuments
202401/01/2024 – 31/12/202414/11/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202303/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202102/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/03/2021The companyPDFXBRL
201901/01/2019 – 31/12/201927/02/2020The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in other professional, scientific and technical activities n.e.c. based on the latest financial year.

Gross profitDKK 8.4mNo. 53 of 309
Better than 83% of the companies in the industry
EquityDKK 3.3mNo. 92 of 310
Better than 71% of the companies in the industry
Number of employees12No. 44 of 310
Better than 86% of the companies in the industry

Industry median: gross profit DKK 1.9m, net profit DKK 142k, equity DKK 1.1m, 2 employees.

DKK 100kDKK 708kDKK 5mDKK 35.5mDKK 130.8mHere
Distribution of gross profit for 278 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. 6,444of 69,742
Better than 91%
No. 18,222of 69,964
Better than 74%
Same industry and fewer than 20 employees281 companies in the comparison
No. 26of 281
Better than 91%
No. 70of 281
Better than 75%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 5,242of 33,588
Better than 84%
No. 7,930of 33,687
Better than 76%
All companies of type A/S18,025 companies in the comparison
No. 9,784of 17,786
Better than 45%
No. 12,985of 18,024
Better than 28%

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

Other professional, scientific and technical activities n.e.c.
Gross profit
  1. Systems Engineering A/SDKK 8.4m
  2. Clearwater Denmark K/SDKK 251.1m
  3. Bureau Veritas Denmark A/SDKK 149.1m
Net profit
  1. Systems Engineering A/SDKK 1.3m
  2. Clearwater Denmark K/SDKK 134.2m
  3. Bureau Veritas Denmark A/SDKK 17.3m
Equity
  1. Systems Engineering A/SDKK 3.3m
  2. Clearwater Denmark K/SDKK 76.4m
  3. Bureau Veritas Denmark A/SDKK 18.7m
Employees
  1. Systems Engineering A/S12
  2. Clearwater Denmark K/S56
  3. Bureau Veritas Denmark A/S161

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
  • H. Balslev Holding ApS66.67%
  • Holmbjerg Architectures ApS10%
  • Hersted Engineering ApS10%
Systems Engineering A/S

Management

7 active registrations

Executive management

Executive management at Systems Engineering A/S
NameRoleAppointed
Harald Bjørndal HerstedDirector27/10/2025
Philip Holmbjerg KristiansenDirector27/10/2025

Board of directors

Board of directors at Systems Engineering A/S
NameRoleAppointed
Hanne BreddamBoard member19/03/2024
Harald Bjørndal HerstedBoard member19/03/2024
Philip Holmbjerg KristiansenBoard member19/03/2024
Frederik Kühl HejgaardBoard member15/11/2024
Henrik BalslevChair of the board27/10/2025
Founders
H. Balslev Holding ApS
Former management (11)
Former management at Systems Engineering A/S
NameRoleAppointedResigned
Henrik BalslevDirector09/12/201327/10/2025
Henrik BalslevBoard member10/06/201526/10/2025
Susanne BalslevChair of the board10/06/201515/05/2023
Martin Løwert BalslevBoard member10/06/201510/10/2017
Allan Dam JepsenBoard member10/10/201715/09/2020
Anders HermansenBoard member15/09/202019/09/2022
Gunnar FriborgBoard member19/09/202215/05/2023
John Søndergård MadsenBoard member06/02/202319/03/2024
Marco Giovanni MalpiediBoard member06/02/202319/03/2024
Gunnar FriborgChair of the board16/05/202327/10/2025
Susanne BalslevBoard member16/05/202319/03/2024

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af selskabets direktør sammen med et medlem af bestyrelsen.

Address and production units

1 active production units

Østerbrogade 48
2100 København Ø

København Municipality · Postcode 2100

Production units
Production unitAddressEmployeesP number
Systems Engineering A/SØsterbrogade 48, 2, 2100 København Ø121018952986

Purpose

Selskabets formål er at drive virksomhed indenfor rådgivende ingeniørvirksomhed samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20257 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Henrik Balslev appointed chair of the board
  • Philip Holmbjerg Kristiansen appointed director
  • Harald Bjørndal Hersted appointed director
  • Gunnar Friborg stepped down as chair of the board
  • Henrik Balslev stepped down as director
  • Henrik Balslev stepped down as board member
202412 changesmanagement 7 · accounts 1 · ownership 4
  • Frederik Kühl Hejgaard appointed board member
  • Hanne Breddam appointed board member
  • Philip Holmbjerg Kristiansen appointed board member
  • Harald Bjørndal Hersted appointed board member
  • Susanne Balslev stepped down as board member
  • Marco Giovanni Malpiedi stepped down as board member
  • John Søndergård Madsen stepped down as board member
  • Annual report for 2023 published
  • H. BALSLEV HOLDING ApS registered as owner (66.67%)
  • Holmbjerg Architectures ApS registered as owner (10%)
  • Hersted Engineering ApS registered as owner (10%)
  • H. BALSLEV HOLDING ApS is no longer registered as owner
20237 changesmanagement 6 · accounts 1
  • Gunnar Friborg appointed chair of the board
  • Susanne Balslev appointed board member
  • Gunnar Friborg stepped down as board member
  • Susanne Balslev stepped down as chair of the board
  • Annual report for 2022 published
  • Marco Giovanni Malpiedi appointed board member
  • John Søndergård Madsen appointed board member
20224 changesaddress 1 · management 2 · accounts 1
  • Moved to Østerbrogade 48, 2, 2100 København Ø
  • Gunnar Friborg appointed board member
  • Anders Hermansen stepped down as board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20206 changesmanagement 2 · ownership 3 · accounts 1
  • Anders Hermansen appointed board member
  • Allan Dam Jepsen stepped down as board member
  • H. BALSLEV HOLDING ApS registered as owner (100%)
  • A. D. Jepsen Holding ApS is no longer registered as owner
  • H. BALSLEV HOLDING ApS is no longer registered as owner
  • Annual report for 2019 published
20181 changeaddress 1
  • Moved to Livjægergade 17B, 2. tv, 2100 København Ø
20173 changesmanagement 2 · ownership 1
  • Allan Dam Jepsen appointed board member
  • Martin Løwert Balslev stepped down as board member
  • A. D. Jepsen Holding ApS registered as owner (10%)
20155 changesname 1 · capital 1 · management 3
  • Name changed from SYSTEMS ENGINEERING DENMARK ApS to Systems Engineering A/S
  • Share capital changed from 80,000 DKK to 500,000 DKK
  • Martin Løwert Balslev appointed board member
  • Susanne Balslev appointed chair of the board
  • Henrik Balslev appointed board member
20133 changesfounded 1 · management 1 · ownership 1
  • Registered as SYSTEMS ENGINEERING DENMARK ApS
  • Henrik Balslev appointed director
  • H. BALSLEV HOLDING ApS registered as owner (90%)

Related companies

Same industry in København

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Same people in management

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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