SYSTEM & METODE A/S — Credit Rating and Financial Key Figures

CVR number: 15965398
Håndværkersvinget 8, 2970 Hørsholm
mho@system-metode.dk
tel: 70203010
www.system-metode.dk
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit19 165.7620 006.4517 630.1017 227.2714 696.28
Employee benefit expenses-12 748.57-12 616.45-13 020.25-12 186.77-11 658.31
Total depreciation-1 599.30-1 578.86-1 485.25-1 449.30-1 462.68
EBIT4 817.895 811.143 124.603 591.201 575.28
Other financial income26.7043.7520.3018.6070.33
Other financial expenses- 139.98- 178.54- 163.83- 189.10- 274.83
Pre-tax profit4 704.615 676.352 981.073 420.691 370.78
Income taxes- 962.58-1 077.91- 850.07- 759.21- 305.86
Net earnings3 742.034 598.442 131.002 661.481 064.92

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure3 935.244 152.754 180.774 191.644 191.42
Intangible assets total3 935.244 152.754 180.774 191.644 191.42
Land and waters2 981.372 898.412 815.452 732.492 766.88
Machinery and equipment253.3157.8319.54
Tangible assets total3 234.682 956.242 835.002 732.492 766.88
Investments total
Non-current other receivables221.21163.21
Long term receivables total221.21163.21
Finished products/goods7.905.00
Inventories total7.905.00
Current trade debtors3 769.543 454.041 977.652 346.452 947.40
Current amounts owed by group member comp.0.72
Prepayments and accrued income141.12130.83172.24152.4926.64
Current other receivables1 072.9619.5114.3614.3619.11
Short term receivables total4 983.623 605.102 164.252 513.292 993.15
Cash and bank deposits5 596.004 209.562 670.655 300.882 723.18
Cash and cash equivalents5 596.004 209.562 670.655 300.882 723.18
Balance sheet total (assets)17 757.4514 928.6611 850.6614 959.5112 837.84

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital600.00600.00600.00600.00600.00
Asset revaluation reserve358.29350.50342.71334.92327.13
Shares repurchased3 700.004 500.002 100.002 600.001 000.00
Other reserves3 069.493 274.093 295.943 284.783 269.31
Retained earnings-3 175.45-4 130.24-1 645.86-2 095.91- 411.16
Profit of the financial year3 742.034 598.442 131.002 661.481 064.92
Shareholders equity total8 294.359 192.796 823.797 385.285 850.20
Provisions693.14700.12694.89686.20676.19
Non-current liabilities total
Current loans from credit institutions118.2969.5074.0161.94
Advances received11.66
Current trade creditors228.71207.41200.00292.02185.18
Current owed to group member1 906.5763.951 998.552 406.30
Short-term deferred tax liabilities1 002.891 142.21855.29767.90315.87
Other non-interest bearing current liabilities3 694.251 953.991 472.322 151.111 446.21
Accruals and deferred income1 925.881 613.851 670.901 604.451 895.95
Current liabilities total8 769.965 035.754 331.986 888.046 311.45
Balance sheet total (liabilities)17 757.4514 928.6611 850.6614 959.5112 837.84
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