SYSTEM AUDIO A/S

CVR 13862788 · Public limited company (A/S) · Active · Low risk

SYSTEM AUDIO A/S is a Public limited company (A/S), founded on , based in Roskilde. The company is registered in the industry fremstilling af elektronik til husholdninger. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 1.6m and a net result of DKK -4.2m. CEO: Ole Witthøft Petersen, Poul Henning Pedersen.

Bankruptcy risk for SYSTEM AUDIO A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
13862788
Status
Active
Company type
Public limited company (A/S)
Founded
(36 years)
Address
Langebjerg 35A
4000 Roskilde
Municipality
Roskilde
Industry
Fremstilling af elektronik til husholdninger (264000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 1.5m
Employees
4 (2018)
Auditor
Lægård Revision Statsautoriseret revisionsfirma
Audit opted out
No

Warning signs

Annual reports filed late1 of 30
Missing annual reportNo
Negative equityNo
Equity ratio31.1%
Current ratio680%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.6mDKK 1.5m
Net profitDKK -4.2mDKK -707k
EquityDKK 1.6mDKK 479k
Total assetsDKK 5.1mDKK 5.3m
CashDKK 55k–
Short-term debtDKK 538k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Lægård Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025155
1 Jul 2023 – 30 Jun 2024103
1 Jul 2022 – 30 Jun 2023129
1 Jul 2021 – 30 Jun 2022172
1 Jul 2020 – 30 Jun 2021142
1 Jul 2019 – 30 Jun 2020171
1 Jul 2018 – 30 Jun 2019158
1 Jul 2017 – 30 Jun 201886
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016118
1 Jul 2014 – 30 Jun 2015153
1 Jul 2013 – 30 Jun 2014136
1 Jul 2012 – 30 Jun 2013129
1 Jul 2011 – 30 Jun 2012151
1 Jul 2010 – 30 Jun 2011172
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009141
1 Jul 2007 – 30 Jun 2008171
1 Jul 2006 – 30 Jun 2007170
1 Jul 2005 – 30 Jun 2006153

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOOle Witthøft PetersenCurrent
CEOPoul Henning PedersenCurrent
CEOAllan Jørgen Johansen
BoardOle Witthøft PetersenCurrent
BoardJens Peter ZinckCurrent
BoardJacob JelsingCurrent
BoardAllan Jørgen JohansenCurrent
BoardSteen Erik Mønsted
BoardJohan Fløe Svenningsen
BoardAdam Christian Harhoff
BoardKristine Askvad Hviid Klæbel
BoardAllan Jørgen Johansen
Owner (10%)Allan Jørgen JohansenCurrent
Owner (20%)OW ApSCurrent
Owner (50%)Change Ventures ApSCurrent
Owner (33%)Allan Jørgen Johansen
Owner (50%)OW ApS
Owner (20%)Allan Jørgen Johansen
Owner (33%)ZJ Group ApS
Owner (33%)OW ApS
Owner (33%)Change Ventures ApS
AuditorLægård Revision Statsautoriseret revisionsfirmaCurrent
AuditorEXANTE REVISION ApS
AuditorRGH af 1. november 2024 A/S
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorReviwest, Godkendt Revisionsanpartsselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderOle Witthøft PetersenCurrent
FounderAllan Jørgen JohansenCurrent

The CEOs' other companies

Ole Witthøft Petersen – 1 other companies

Poul Henning Pedersen – 4 other companies

Address history (2 moves)

Langebjerg 35A, 4000 Roskilde
Klosterengen 137K, 4000 Roskilde
Skolegade 12R, 1., 2500 Valby

Employees per year

Number of employees at SYSTEM AUDIO A/S per year6112011: 1120112012: 820122013: 820132014: 620142015: 620152016: 620162017: 620172018: 42018

Other companies at the same address

Similar companies in Roskilde

Questions and answers about SYSTEM AUDIO A/S

Has SYSTEM AUDIO A/S gone bankrupt?

No, SYSTEM AUDIO A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SYSTEM AUDIO A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of SYSTEM AUDIO A/S?

Ole Witthøft Petersen, Poul Henning Pedersen are the CEOs of SYSTEM AUDIO A/S.

Who is the auditor of SYSTEM AUDIO A/S?

SYSTEM AUDIO A/S most recently used Lægård Revision Statsautoriseret revisionsfirma.

When was SYSTEM AUDIO A/S founded?

SYSTEM AUDIO A/S was founded on 1 February 1990.

What is the equity of SYSTEM AUDIO A/S?

Equity was DKK 1.6m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.