HSA Systems A/S

CVR 17275992 · Public limited company (A/S) · Active · Low risk

HSA Systems A/S is a Public limited company (A/S), founded on , based in Odense SØ. The company is registered in the industry fremstilling af computere og ydre enheder. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 14.5m and a net result of DKK 3.8m.

Bankruptcy risk for HSA Systems A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
17275992
Status
Active
Company type
Public limited company (A/S)
Founded
(33 years)
Address
Herluf Trolles Vej 116C
5220 Odense SØ
Municipality
Odense
Industry
Fremstilling af computere og ydre enheder (262000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 450k
Employees
47 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late11 of 31
Missing annual reportNo
Negative equityNo
Equity ratio47.3%
Current ratio204%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 31.1mDKK 27.7m
Net profitDKK 3.8mDKK 1.2m
EquityDKK 14.5mDKK 10.6m
Total assetsDKK 30.7mDKK 32.2m
CashDKK 324k–
Short-term debtDKK 10.5m–
Tax owedDKK 551k–
Avg. employees27–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019262 Late
1 Jan 2018 – 31 Dec 2018183
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014167
1 Jan 2013 – 31 Dec 2013169
1 Jan 2012 – 31 Dec 2012162
1 Jan 2011 – 31 Dec 2011156
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009152
1 Jan 2008 – 31 Dec 2008154
1 Jan 2007 – 31 Dec 2007155
1 Jan 2006 – 31 Dec 2006155

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
CEOPer Walther Sørensen
CEOJesper Hyldager
CEOKarsten Holm Nikolajsen
BoardJesper HyldagerCurrent
BoardJørgen AndersenCurrent
BoardJanne HyldagerCurrent
BoardAnders HaugaardCurrent
BoardClaus WürfelCurrent
BoardPer Walther Sørensen
BoardMichael Holm Nikolajsen
BoardKarsten Holm Nikolajsen
BoardKatja Pamanian Sørensen
Owner (50%)Hyldager Holding ApSCurrent
Owner (50%)Würfel Holding ApSCurrent
Owner (15%)Hyldager Holding ApS
Owner (67%)HSJP HOLDING ApS
Owner (33%)Hyldager Holding ApS
Owner (67%)HSJP HOLDING ApS
Owner (33%)Per Walther Sørensen Holding ApS
Owner (33%)Karsten Holm Nikolajsen Holding ApS
Owner (10%)Claus Würfel
Owner (25%)Hyldager Holding ApS
Owner (25%)Per Walther Sørensen Holding ApS
Owner (25%)Karsten Holm Nikolajsen Holding ApS
Owner (10%)Würfel Holding ApS
Owner (33%)Hyldager Holding ApS
Owner (25%)Würfel Holding ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorArne Madsen
AuditorREVISORGÅRDEN I ODENSE Registrerede Revisorer ApS
AuditorREVISIONSKONTORET AF 2/1 1959 REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderPer Walther SørensenCurrent

The CEOs' other companies

Per Walther Sørensen – 2 other companies

Jesper Hyldager – 3 other companies

Karsten Holm Nikolajsen – 3 other companies

Address history (3 moves)

Herluf Trolles Vej 116C, 5220 Odense SØ
Egegårdsvej 3, 5260 Odense S
Mileparken 16, 2740 Skovlunde
Bjerringbrovej 70, 2610 Rødovre

Former names

HSA Systems A/S – now
HSA SYSTEMS A/S –
HSA SYSTEMS ApS –
HS AUTOMATIC ApS –

Employees per year

Number of employees at HSA Systems A/S per year24472011: 3920112012: 4720122013: 4420132014: 4320142015: 4220152016: 4420162017: 4620172018: 472018

Other companies at the same address

Similar companies in Odense

Questions and answers about HSA Systems A/S

Has HSA Systems A/S gone bankrupt?

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

What is the bankruptcy risk of HSA Systems A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of HSA Systems A/S?

HSA Systems A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was HSA Systems A/S founded?

HSA Systems A/S was founded on 4 October 1993.

What is the equity of HSA Systems A/S?

Equity was DKK 14.5m according to the annual report for the period ending 31 December 2025.

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