SYSTEMATIC A/S — Credit Rating and Financial Key Figures
CVR number: 78834412
Søren Frichs Vej 39, 8000 Aarhus C
mh@systematic.com
Income statement (mEUR)
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Fiscal period length | 12 | 12 | 12 | 12 | 12 |
Net sales | 116.12 | 127.15 | 153.08 | 158.44 | 154.69 |
Manufacturing for enterprise's own use | 3.79 | 5.37 | |||
Costs of manufacturing | -30.40 | -31.91 | -33.95 | -46.28 | -32.03 |
External services | -14.40 | -12.78 | -16.89 | -22.16 | -16.51 |
Gross profit | 71.32 | 82.45 | 102.24 | 93.79 | 111.52 |
Employee benefit expenses | -59.04 | -63.82 | -65.33 | -67.72 | -73.17 |
Total depreciation | -2.62 | -3.28 | -7.09 | -7.43 | -7.57 |
EBIT | 9.66 | 15.35 | 29.82 | 18.64 | 30.78 |
Other financial income | 0.05 | 0.13 | 0.00 | 0.44 | 1.48 |
Other financial expenses | -0.45 | -0.01 | -0.19 | -0.01 | -1.92 |
Net income from associates (fin.) | 1.50 | 3.51 | 1.33 | 4.62 | 3.41 |
Pre-tax profit | 10.76 | 18.98 | 30.95 | 23.69 | 33.74 |
Income taxes | -2.05 | -3.33 | -6.52 | -4.23 | -6.41 |
Net earnings | 8.71 | 15.65 | 24.44 | 19.46 | 27.33 |
Assets (mEUR)
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Development expenditure | 4.07 | 23.74 | 19.92 | 18.25 | 17.39 |
Intangible rights | 0.47 | 0.23 | 0.41 | ||
Intangible assets total | 4.55 | 23.74 | 19.92 | 18.49 | 17.81 |
Buildings | 0.68 | 1.09 | 5.91 | 5.46 | 4.94 |
Machinery and equipment | 1.60 | 1.09 | 1.18 | 0.86 | 0.57 |
Tangible assets total | 2.28 | 2.18 | 7.09 | 6.32 | 5.51 |
Holdings in group member companies | 11.55 | 10.54 | 12.44 | 17.41 | 20.68 |
Participating interests | 0.40 | 1.74 | 1.48 | ||
Investments total | 11.55 | 10.54 | 13.90 | 20.21 | 23.26 |
Non-current loans receivable | 0.40 | 0.40 | |||
Non-current other receivables | 0.87 | 1.30 | |||
Long term receivables total | 1.27 | 1.70 | |||
Inventories total | |||||
Current trade debtors | 12.94 | 11.46 | 22.57 | 24.35 | 20.17 |
Current amounts owed by group member comp. | 11.03 | 16.05 | 19.83 | 35.04 | 42.10 |
Prepayments and accrued income | 1.94 | 2.14 | 1.11 | 3.33 | 4.08 |
Current other receivables | 30.17 | 15.64 | 6.95 | 6.06 | 4.36 |
Current deferred tax assets | 0.07 | 0.19 | 1.30 | 1.50 | 0.21 |
Short term receivables total | 56.15 | 45.48 | 51.76 | 70.28 | 70.92 |
Cash and bank deposits | 7.64 | 20.24 | 30.84 | 9.75 | 29.00 |
Cash and cash equivalents | 7.64 | 20.24 | 30.84 | 9.75 | 29.00 |
Balance sheet total (assets) | 83.44 | 103.88 | 123.50 | 125.05 | 146.50 |
Equity and liabilities (mEUR)
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Share capital | 1.34 | 1.34 | 1.34 | 1.34 | 1.34 |
Shares repurchased | 4.02 | 6.71 | 13.45 | 10.00 | 13.50 |
Other reserves | 9.83 | 28.22 | 27.13 | 30.84 | 32.93 |
Retained earnings | 27.40 | 10.11 | 14.04 | 25.14 | 28.19 |
Profit of the financial year | 8.71 | 15.65 | 24.44 | 19.46 | 27.33 |
Shareholders equity total | 51.31 | 62.03 | 80.39 | 86.78 | 103.29 |
Provisions | 2.35 | 3.39 | 0.20 | 0.37 | 4.81 |
Non-current deferred tax liabilities | 1.94 | 8.20 | 8.83 | 4.52 | 4.52 |
Non-current liabilities total | 1.94 | 8.20 | 8.83 | 4.52 | 4.52 |
Current trade creditors | 3.62 | 4.85 | 5.99 | 6.24 | 6.33 |
Current owed to group member | 2.20 | 1.08 | 3.38 | 2.66 | 1.30 |
Other non-interest bearing current liabilities | 14.01 | 16.42 | 18.01 | 14.72 | 13.70 |
Accruals and deferred income | 8.01 | 7.91 | 6.70 | 9.75 | 12.55 |
Current liabilities total | 27.84 | 30.25 | 34.08 | 33.38 | 33.88 |
Balance sheet total (liabilities) | 83.44 | 103.88 | 123.50 | 125.05 | 146.50 |
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