LOLIGO SYSTEMS ApS

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CVR 27467849Toldboden 3, 8800 ViborgManufacture of instruments and appliances for measuring, testing and navigation· NACE 2651Est. 2003 · 22 years old6 employeeshttps://www.loligosystems.com

Overview

LOLIGO SYSTEMS ApS is a Danish APS based in Viborg, operating in the Manufacture of instruments and appliances for measuring, testing and navigation sector. Incorporated in 2003, the company has 6 employees and reported a gross profit of DKK 10.2m in its latest annual filing.

Gross profit 2025

10.2M DKK

+6% vs 2024

EBITDA margin (of gross profit)

55.5 %

+14% vs 2024

Net profit 2025

4.4M DKK

+13% vs 2024

Key ratios

See full ratios →

70.2 %

Strong

Among the 30% highest rated companies in the industry

20212025

3.3×

Strong

Among the 30% highest rated companies in the industry

20212025

45.0 %

Very strong

Among the 10% highest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	10.2M DKK	+6%
EBITDA	5.7M DKK	+14%
Net profit	4.4M DKK	+13%
Total assets	9.8M DKK	+15%
Equity	6.9M DKK	+8%
Employees	6	—

Contact

Address

Toldboden 3, 8800 Viborg

Phone

+45 6166 6929

mail@loligosystems.com

Website

https://www.loligosystems.com

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), LOLIGO SYSTEMS ApS reported a gross profit of DKK 10.2m, an increase of 6% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 4.4m, and the EBITDA margin stood at 55.5%.

At the end of 2025, equity financed 70.2% of the balance sheet, and current assets covered short-term debt 3.3 times.

Financials

Gross profit

DKK millions

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	10,184	9,580	10,281	6,830	8,327
Staff expenses	-4,528	-4,615	-4,602	-4,380	-4,543
EBITDA	5,656	4,965	5,680	2,413	3,784
Depreciation & amort.	-0	-0	-0	-25	-30
EBIT	5,656	4,965	5,680	2,388	3,754
Net financials	36	55	82	9	7
Profit before tax	5,692	5,019	5,762	2,397	3,760
Tax	1,259	1,105	1,268	528	828
Net profit	4,433	3,915	4,494	1,869	2,932

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	9,844	8,562	9,597	5,540	7,843
Equity	6,907	6,374	6,909	4,415	5,546
Long-term debt	0	0	0	0	253
Short-term debt	2,933	2,188	2,688	1,124	1,396
Total debt	2,933	2,188	2,688	1,124	1,649

Financial ratios

5-year trend

EBITDA margin (of gross profit)

55.5 %

20212025

Equity ratio

70.2 %

Strong

Among the 30% highest rated companies in the industry

20212025

Return on equity

64.2 %

Very strong

Among the 20% highest rated companies in the industry

20212025

Net profit margin (of gross profit)

43.5 %

20212025

Asset turnover (of gross profit)

1.03×

20212025

Debt / equity

0.43×

Strong

Among the 30% highest rated companies in the industry

20212025

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)Very strong

Among the 20% highest rated companies in the industry

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

Return on assets (ROA)Very strong

Among the 10% 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)Very strong

Among the 10% highest rated companies in the 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)Very strong

Among the 10% 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 ratioStrong

Among the 30% 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 ratioStrong

Among the 30% 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Current assets to equityAverage

Around the average of companies in the same 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 capitalStrong

Among the 30% 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 ratioAverage

Around the average of companies in the same industry

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

Debt & solvency

Solidity ratioStrong

Among the 30% 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 ratioStrong

Among the 30% 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 equityStrong

Among the 30% 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 equityStrong

Among the 30% 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 10% highest rated companies in the industry

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

Interest coverageVery strong

Among the 10% highest rated companies in the industry

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

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

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

Interest marginVery strong

Among the 10% 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 capitalVery strong

Among the 20% 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 equityAverage

Around the average of companies in the same industry

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

One-year change in debtWeak

Among the 30% lowest 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 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
JF John Fleng Steffensen Founder	Founder	2003
JH Jannik Herskin Management	Management	2003

Board of directors

Non-executive oversight

Name	Role	Member since

Former (4)


JF John Fleng Steffensen Chairman	Chairman	2008 – 2008
KB Kasper Bloch Gevaldig Board of Directors	Board of Directors	2005 – 2008
JH Jannik Herskin Board of Directors	Board of Directors	2008 – 2008
RL René Logie Damkjer Board of Directors	Board of Directors	2005 – 2008

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
J HOLDING 2008 ApS	Company	100%	100%	2008

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

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Related companies

Company hierarchy

J HOLDING 2008 ApS100%

LOLIGO SYSTEMS ApS (this company)

Board network connections

Board members of LOLIGO SYSTEMS ApS also hold positions in 25 other companies.

Person	Role here	Other companies
Kasper Bloch Gevaldig	Board of Directors	21 companiesMany roles
Jannik Herskin	Management	2 companies
John Fleng Steffensen	Founder	1 company
René Logie Damkjer	Board of Directors	1 company

Frequently asked questions

What is the CVR number of LOLIGO SYSTEMS ApS?

LOLIGO SYSTEMS ApS is registered with CVR / Virk under CVR 27467849.

What is the gross profit of LOLIGO SYSTEMS ApS?

LOLIGO SYSTEMS ApS reported a gross profit of DKK 10.2m in 2025.

How many employees does LOLIGO SYSTEMS ApS have?

LOLIGO SYSTEMS ApS employs 6 people as of the latest annual report.

Where is LOLIGO SYSTEMS ApS headquartered?

LOLIGO SYSTEMS ApS's registered address is Toldboden 3, 2. d.