SYSTEM SERVICE ApS

APSIn liquidation

CVR 26847230Nørregade 36, 1165 København KKonsulentbistand vedrørende informationsteknologi· NACE 620200Est. 2002 · 23 years old— employees

Overview

SYSTEM SERVICE ApS is a Danish APS based in København K, operating in the Konsulentbistand vedrørende informationsteknologi sector. Incorporated in 2002, the company reported a gross profit of DKK 89.4k in its latest annual filing.

Gross profit 2016

0.1M DKK

+296% vs 2015

EBITDA margin (of gross profit)

97.1 %

+384% vs 2015

Net profit 2016

0.2M DKK

+42754% vs 2015

Key ratios

See full ratios →

93.1 %

Very strong

Among the 20% highest rated companies in the industry

20122016

14.4×

Very strong

Among the 10% highest rated companies in the industry

20122016

10.7 %

Strong

Among the 40% highest rated companies in the industry

20122016

EBITDA — year on year

DKK thousands

Key figures

Annual report 2016

Gross profit	0.1M DKK	+296%
EBITDA	0.1M DKK	+384%
Net profit	0.2M DKK	+42754%
Total assets	1.8M DKK	-24%
Equity	1.6M DKK	+9%
Employees	—	—

Financial development

In its most recent annual report (2016), SYSTEM SERVICE ApS reported a gross profit of DKK 89.4k, an increase of 296% on the year before. The figures on this page draw on 5 annual filings covering 2012 to 2016. The bottom line showed a net profit of DKK 190.2k, and the EBITDA margin stood at 97.1%.

At the end of 2016, equity financed 93.1% of the balance sheet, and current assets covered short-term debt 14.4 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2016	2015	2014	2013	2012
Revenue	89	23	390	932	1,032
Staff expenses	-3	-5	-10	-91	-0
EBITDA	87	18	380	2	385
Depreciation & amort.	-0	-72	-84	-5	-0
EBIT	87	-54	296	-2	385
Net financials	94	70	73	74	84
Profit before tax	180	17	370	72	469
Tax	-10	17	79	33	129
Net profit	190	-0	291	39	339

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Balance sheet

DKK thousands

Item	2016	2015	2014	2013	2012
Total assets	1,772	2,345	2,481	2,342	2,271
Equity	1,649	1,510	1,610	1,418	1,475
Long-term debt	0	607	675	745	553
Short-term debt	123	213	181	165	242
Total debt	123	820	856	909	796

Financial ratios

5-year trend

EBITDA margin

97.1 %

20122016

Equity ratio

93.1 %

Very strong

Among the 20% highest rated companies in the industry

20122016

Return on equity

11.5 %

Average

Around the average of companies in the same industry

20122016

Net profit margin

212.9 %

20122016

Asset turnover

0.05×

20122016

Debt / equity

0.07×

Very strong

Among the 20% highest rated companies in the industry

20122016

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Average

Around the average of companies in the same industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Average

Around the average of companies in the same industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 30% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalVery strong

Among the 10% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 20% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalStrong

Among the 30% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityStrong

Among the 40% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2016
Filed via CVR / Virk · Period 2015-10-01 – 2016-09-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-10-01 – 2015-09-30
View PDF
Annual report 2014
Filed via CVR / Virk · Period 2013-10-01 – 2014-09-30
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2012-10-01 – 2013-09-30
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2011-10-01 – 2012-09-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


BL Bodil Liisberg Bagh Audit	Audit	2002 – 2010
OL Ole Larsen Liquidator	Liquidator	2015 – 2018
JK Jan Krarup Jensen Management	Management	2002 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of SYSTEM SERVICE ApS also hold positions in 22 other companies.

Person	Role here	Other companies
Ole Larsen	Liquidator	21 companiesMany roles
Bodil Liisberg Bagh	Audit	1 company

Frequently asked questions

What is the CVR number of SYSTEM SERVICE ApS?

SYSTEM SERVICE ApS is registered with CVR / Virk under CVR 26847230.

What is the gross profit of SYSTEM SERVICE ApS?

SYSTEM SERVICE ApS reported a gross profit of DKK 89.4k in 2016.

Where is SYSTEM SERVICE ApS headquartered?

SYSTEM SERVICE ApS's registered address is Nørregade 36, 2..