SYSTEM INNOVATION CONSULT ApS

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CVR 34203644Linåvej 9A, 8600 SilkeborgKonsulentbistand vedrørende informationsteknologi· NACE 620200Est. 2012 · 14 years old1 employees

Overview

SYSTEM INNOVATION CONSULT ApS is a Danish APS based in Silkeborg, operating in the Konsulentbistand vedrørende informationsteknologi sector. Incorporated in 2012, the company has 1 employee and reported revenue of DKK 1.8m in its latest annual filing.

Revenue 2014

1.8M DKK

+56% vs 2013

EBITDA margin

28.6 %

+110% vs 2013

Net profit 2014

0.2M DKK

+277% vs 2013

Key ratios

See full ratios →

36.7 %

Average

Around the average of companies in the same industry

20122014

0.9×

Weak

Among the 40% lowest rated companies in the industry

20122014

19.8 %

Strong

Among the 30% highest rated companies in the industry

20122014

EBITDA — year on year

DKK thousands

Key figures

Annual report 2014

Revenue	1.8M DKK	+56%
EBITDA	0.5M DKK	+110%
Net profit	0.2M DKK	+277%
Total assets	1.1M DKK	-10%
Equity	0.4M DKK	+147%
Employees	1	—

Contact

Address

Linåvej 9A, 8600 Silkeborg

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Financial development

In its most recent annual report (2014), SYSTEM INNOVATION CONSULT ApS reported revenue of DKK 1.8m, an increase of 56% on the year before. The figures on this page draw on 3 annual filings covering 2012 to 2014. The bottom line showed a net profit of DKK 221.3k, and the EBITDA margin stood at 28.6%.

At the end of 2014, equity financed 36.7% of the balance sheet, and current assets covered short-term debt 0.9 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2014	2013	2012
Revenue	1,813	1,162	1,238
Staff expenses	-879	-478	-0
EBITDA	518	247	121
Depreciation & amort.	-184	-77	-0
EBIT	335	170	121
Net financials	-41	-89	-84
Profit before tax	293	81	37
Tax	72	22	10
Net profit	221	59	27

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Balance sheet

DKK thousands

Item	2014	2013	2012
Total assets	1,116	1,235	1,195
Equity	410	166	107
Long-term debt	186	417	624
Short-term debt	521	652	464
Total debt	707	1,069	1,088

Financial ratios

5-year trend

EBITDA margin

28.6 %

20122014

Equity ratio

36.7 %

Average

Around the average of companies in the same industry

20122014

Return on equity

54.0 %

Very strong

Among the 20% highest rated companies in the industry

20122014

Net profit margin

12.2 %

Strong

Among the 30% highest rated companies in the industry

20122014

Asset turnover

1.62×

Strong

Among the 30% highest rated companies in the industry

20122014

Debt / equity

1.73×

Weak

Among the 30% lowest rated companies in the industry

20122014

Sector performance

27 of 28 ratios graded

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

Profitability

Gross marginStrong

Among the 30% highest rated companies in the industry

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 marginStrong

Among the 30% highest rated companies in the industry

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 marginStrong

Among the 30% highest rated companies in the industry

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

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)Strong

Among the 30% 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 20% 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 20% 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 ratioStrong

Among the 30% 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.

Liquidity

Current ratioWeak

Among the 40% lowest 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 ratioWeak

Among the 40% lowest 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 40% 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 weak

Among the 20% lowest 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 strong

Among the 10% highest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

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

Debt ratioAverage

Around the average of companies in the same industry

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

Debt to equityWeak

Among the 30% lowest rated companies in the industry

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

Liabilities to equityWeak

Among the 30% lowest rated companies in the industry

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

Income to debtStrong

Among the 30% 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 30% 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 30% 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

Asset turnoverStrong

Among the 30% highest rated companies in the industry

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

Equity to contributed capitalStrong

Among the 40% 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 equityVery strong

Among the 10% 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 20% highest rated companies in the industry

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

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 2014
Filed via CVR / Virk · Period 2014-01-01 – 2014-12-31
View PDF
Annual report 2013
Filed via CVR / Virk · Period 2013-01-01 – 2013-12-31
View PDF
Annual report 2012
Filed via CVR / Virk · Period 2012-01-05 – 2012-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


SG Søren Geertsen Dalgaard Liquidator	Liquidator	2017 – 2017
KS Kurt Sørensen Chief Executive Officer	Chief Executive Officer	2012 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Kurt Sørensen	Individual	100%	100%	2013

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 INNOVATION CONSULT ApS also hold positions in 4 other companies.

Person	Role here	Other companies
Søren Geertsen Dalgaard	Liquidator	3 companies
Kurt Sørensen	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of SYSTEM INNOVATION CONSULT ApS?

SYSTEM INNOVATION CONSULT ApS is registered with CVR / Virk under CVR 34203644.

What is the revenue of SYSTEM INNOVATION CONSULT ApS?

SYSTEM INNOVATION CONSULT ApS reported revenue of DKK 1.8m in 2014.

How many employees does SYSTEM INNOVATION CONSULT ApS have?

SYSTEM INNOVATION CONSULT ApS employs 1 people as of the latest annual report.

Where is SYSTEM INNOVATION CONSULT ApS headquartered?

SYSTEM INNOVATION CONSULT ApS's registered address is Linåvej 9A, 1..