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SYSTEM AUDIO A/S — Credit Rating and Financial Key Figures

CVR number: 13862788
Langebjerg 35 A, 4000 Roskilde
allan@system-audio.com
tel: 36452828
www.system-audio.com
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit3 312.673 027.851 790.971 540.47-1 643.98
Employee benefit expenses-1 277.13-1 410.87-1 311.32-1 298.95-1 423.88
Other operating expenses-60.44
Total depreciation- 708.15- 824.91- 940.16- 671.20- 555.71
EBIT1 327.39792.07- 460.50- 490.11-3 623.58
Other financial income45.273.740.42
Other financial expenses- 355.79- 375.90- 362.51- 412.01- 466.73
Pre-tax profit1 016.88416.18- 819.27- 902.12-4 089.89
Income taxes- 179.41-61.50174.14194.97-83.61
Net earnings837.47354.68- 645.13- 707.15-4 173.50

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure1 868.201 495.691 249.601 209.44
Intangible rights2 137.01
Intangible assets total2 137.011 868.201 495.691 249.601 209.44
Machinery and equipment84.0856.11124.7970.71
Tangible assets total84.0856.11124.7970.71
Investments total-0.00175.08218.84198.30198.30
Non-current other receivables218.84
Long term receivables total218.84
Finished products/goods2 662.385 677.243 369.952 609.572 983.48
Advance payments1 510.20334.36966.26505.32283.72
Inventories total4 172.576 011.604 336.213 114.893 267.21
Current trade debtors665.52506.45388.03424.23305.20
Current amounts owed by group member comp.288.6261.6262.5462.54
Prepayments and accrued income47.91
Current other receivables29.54
Current deferred tax assets83.61
Short term receivables total1 002.05568.07450.57570.38334.74
Cash and bank deposits5.634.5152.186.8655.46
Cash and cash equivalents5.634.5152.186.8655.46
Balance sheet total (assets)7 536.108 711.536 609.615 264.825 135.86

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital500.00500.00500.00500.00975.00
Share premium account4 817.57
Other reserves1 666.871 457.191 166.64974.69943.36
Retained earnings-1 528.00- 480.87164.37- 288.82- 964.64
Profit of the financial year837.47354.68- 645.13- 707.15-4 173.50
Shareholders equity total1 476.331 831.001 185.87478.721 597.79
Provisions224.00285.50111.36
Non-current loans from credit institutions1 094.22674.76269.43
Non-current owed to group member524.753 000.00
Non-current liabilities total1 618.97674.76269.433 000.00
Current loans from credit institutions2 472.823 372.523 172.702 837.28101.83
Current trade creditors176.9592.95170.51418.44259.99
Current owed to group member572.08600.69
Other non-interest bearing current liabilities1 567.042 454.801 127.65929.69176.25
Current liabilities total4 216.815 920.275 042.944 786.10538.07
Balance sheet total (liabilities)7 536.108 711.536 609.615 264.825 135.86
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