Systematic Holding ApS (CVR 19000680) Company Profile

Ownership

Michael Holm Holding ApS
CVR 4089479950% to under 66.7% of capital, 100% of votesclass A,Bsince 27 Aug 2019
Kristian Salling Holm Holding ApS
CVR 4089478010% to under 15% of capitalclass Bsince 27 Aug 2019
Kaare Salling Holm Holding ApS
CVR 4089477210% to under 15% of capitalclass Bsince 27 Aug 2019
Klaus Kielsgaard Holding ApS
CVR 4089476410% to under 15% of capitalclass Bsince 27 Aug 2019
Kathrine Kielsgaard Holding ApS
CVR 4089475610% to under 15% of capitalclass Bsince 27 Aug 2019
Kasper Kielsgaard Holm ApS
CVR 4089474810% to under 15% of capitalclass Bsince 27 Aug 2019

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (7)

Kasper Luscombe Kielsgaard Holm
10% to under 15% of capitalclass B30 Dec 2011 to 27 Aug 2019
Michael Holm
33.3% to under 50% of capitalclass Bnotified 27 Aug 201930 Dec 2011 to 27 Aug 2019
Kathrine Kielsgaard
10% to under 15% of capitalclass Bnotified 27 Aug 201930 Dec 2011 to 27 Aug 2019
Klaus Kielsgaard
10% to under 15% of capitalclass Bnotified 27 Aug 201930 Dec 2011 to 27 Aug 2019
Kaare Salling Holm
10% to under 15% of capitalclass Bnotified 27 Aug 201930 Dec 2011 to 27 Aug 2019
Kristian Salling Holm
10% to under 15% of capitalclass Bnotified 27 Aug 201930 Dec 2011 to 27 Aug 2019
Michael Holm Holding ApS
CVR 3939199610% to under 15% of capital, 100% of votesclass Anotified 27 Aug 201923 Feb 2018 to 27 Aug 2019

Control Chain

Ultimate controller
Michael Holm
Holds 100% of capital and votes in Michael Holm Holding ApS, since 27 Aug 2019
Capital100%
Votes100%
Holding company
Michael Holm Holding ApS
CVR 40894799Private limited company (ApS)
Holds 50% to under 66.7% of capital and 100% of votes in Systematic Holding ApS, since 27 Aug 2019
Capital50% to under 66.7%
Votes100%
This company
Systematic Holding ApS
CVR 19000680

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 10 Nov 2026.

Owned Companies

17 Danish companies, which own 16 more one level down.

Delta 2 ApS
SubsidiaryCVR 41173173100% of capital and votes
Park Allé 1 ApS
SubsidiaryCVR 45561798100% of capital and votes
Strandbakken 5 ApS
SubsidiaryCVR 45926109100% of capital and votes
Tordenskjoldsgade 35 ApS
SubsidiaryCVR 46910621100% of capital and votes
Ejendomsselskabet Tordenskjoldsgade 37 ApS
SubsidiaryCVR 4671241290% to under 100% of capital and votes
Holm & Bank Lauridsen Invest ApS
Subsidiary or joint ventureCVR 4622644550% to under 66.7% of capital and votes
- Thylander Data Centers A/S
  CVR 456286395% to under 10% of capital and votes
SYSTEMATIC A/S
Subsidiary or joint ventureCVR 7883441250% to under 66.7% of capital and votes
- CUBEDIN A/S
  Subsidiary or joint ventureCVR 4332763150% to under 66.7% of capital and votes
- Xailguard A/S
  CVR 4594382833.3% to under 50% of capital and votes
- CONSCENSIA HOLDING A/S
  CVR 3244483025% to under 33.3% of capital and votes
Ejendomsselskabet Åbogade Holding A/S
CVR 4285895125% to under 33.3% of capital and votes
- Ejendomsselskabet Åbogade A/S
  CVR 42861251100% of capital and votes
SUNSTONES ApS
CVR 4426843425% to under 33.3% of capital and votes
Formuepleje Ejendomme Core A/S
CVR 4535354020% to under 25% of capital and votes
- FPEC1 ApS
  CVR 46374738100% of capital and votes

Show 7 more

KP GROUP HOLDING ApS
CVR 3564058420% to under 25% of capital and votes
- KP Components Group A/S
  CVR 30988299100% of capital and votes
TYDC & Investors 1 ApS
CVR 4611764620% to under 25% of capital and votes
- Dansk Datacenter 1 K/S
  CVR 4580706133.3% to under 50% of capital and votes
Asgilhøjevej 10 ApS
CVR 4212087110% to under 15% of capital and votes
Estatus Holding 3 A/S
CVR 4339902010% to under 15% of capital and votes
- Ejendomsselskabet Dalgasgade 27 A/S
  CVR 44383462100% of capital and votes
- Ejendomsselskabet Godthåbsvej 25 A/S
  CVR 44047489100% of capital and votes
- Ejendomsselskabet Jernbanegade 3A A/S
  CVR 44106841100% of capital and votes
- Ejendomsselskabet Nærum Hovedgade A/S
  CVR 43382942100% of capital and votes
P-SECURE ApS
CVR 4315151710% to under 15% of capital and votes
AGF A/S
CVR 838399105% to under 10% of capital and votes
- ATLETION A/S
  CVR 27756611100% of capital and votes
- AGF Kvindefodbold ApS
  CVR 4149899466.7% to under 90% of capital and votes
- SUPERLIGAEN A/S
  CVR 139968305% to under 10% of capital and votes
Final Frontier Liftoff K/S
CVR 450933955% to under 10% of capital and votes
- Dropla Tech ApS
  CVR 441982825% to under 10% of capital and votes

Found by searching the CVR owner register (ejerregister) for Systematic Holding ApS as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (4)

COPENHAGEN OPTIMIZATION ApS
CVR 364141035% to under 10% of capital and votes27 Mar 2023 to 14 Jan 2025
CoreCapital I K/S
CVR 432819255% to under 10% of capital and votes9 Feb 2023 to 20 Dec 2024
Aarhus Handball Club ApS
CVR 43327690100% of capital and votes28 Apr 2023 to 1 May 2023
WEB2MEDIA ApS
CVR 3395789010% to under 15% of capital and votes21 Dec 2017 to 10 Dec 2018

Dandex Estimates

Legal ownership resolution (Ejerforholdenes opløsning): Ends at a personThe chain of majority owners ends at a person, through 1 company; legal owners in the CVR owner register only. Dandex estimate, rule v2, computed 10 Nov 2026.
Control tenure (Ejerskabsperiode): Under 2 yearsControlled by a person registered as a founder for 0.4 years, from the latest day an owner in the control chain took control. Dandex estimate, rule v2, computed 10 Nov 2026.
Group position (Koncernforhold): Has a parent, and a majority holding in one or more Danish companiesControlled by a company in CVR; it holds 50% or more of 7 Danish companies. Dandex estimate, rule v1, computed 10 Nov 2026.
Holding company assets (Holdingselskabets aktiver): No single class of assets is half of the totalNo class of assets is half of the total in the 2025 report. Dandex estimate, rule v1, computed 10 Nov 2026.
Signing authority, structured (Tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 10 Nov 2026.

Decided by Dandex with fixed rules from the CVR register and the filed annual reports, not registered by the company. Each label links to its definition.

People

Current (5)

Pernille Salling HolmExecutive board since 12 May 2025
Michael HolmBoard of directors since 17 Aug 2026
Kasper Luscombe Kielsgaard HolmBoard of directors since 17 Aug 2026
Kathrine KielsgaardBoard of directors since 17 Aug 2026
Klaus KielsgaardBoard of directors since 17 Aug 2026

Founders (1)

Michael HolmFounded 1 Oct 1995, holds a current role

CVR records founders at incorporation. It does not record whether they are alive or still involved.

Network

Roles Over Time

Michael Holm: Board of directors, 17 Aug 2026 to today; Executive board, 1 Oct 1995 to 17 Aug 2026.
Pernille Salling Holm: Executive board, 12 May 2025 to today.
Kasper Luscombe Kielsgaard Holm: Board of directors, 17 Aug 2026 to today.
Kathrine Kielsgaard: Board of directors, 17 Aug 2026 to today.
Klaus Kielsgaard: Board of directors, 17 Aug 2026 to today.

1 Oct 1995 to 10 Nov 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Headcount

EmployeesFTE

Aug 2026, monthly: 2 employees, 2 FTE

Show as Table

Registry headcount, Mar 2020 to Aug 2026, oldest left to newest right
Period	Mar 2020	Apr 2020	May 2020	Jun 2020	Jul 2020	Aug 2020	Sep 2020	Oct 2020	Nov 2020	Dec 2020	Jan 2021	Feb 2021	Mar 2021	Apr 2021	May 2021	Jun 2021	Jul 2021	Aug 2021	Sep 2021	Oct 2021	Nov 2021	Dec 2021	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	Sep 2023	Oct 2023	Nov 2023	Dec 2023	Jan 2024	Feb 2024	Mar 2024	Apr 2024	May 2024	Jun 2024	Jul 2024	Aug 2024	Sep 2024	Oct 2024	Nov 2024	Dec 2024	Jan 2025	Feb 2025	Mar 2025	Apr 2025	May 2025	Jun 2025	Jul 2025	Aug 2025	Sep 2025	Oct 2025	Nov 2025	Dec 2025	Jan 2026	Feb 2026	Mar 2026	Apr 2026	May 2026	Jun 2026	Jul 2026	Aug 2026
Employees	2	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2
FTE	2	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	2
Series	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Mar 2020 to Aug 2026.

Latest Aug 2026, published 21 Oct 2026. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	-344	-5,659	-6,520	-2,514	-2,099
Operating profit	-951	-6,266	-7,127	-4,830	-4,030
Result for the year	+125,165	+60,713	+131,221	+178,639	+392,660
Equity	550,930	608,037	721,975	849,303	1,172,356
Total assets	568,477	620,470	748,924	902,822	1,257,001
Employees (average)	1	1	1	1	1
Credit metrics (Dandex calculations)
EBITDA	Not reported^{note 1}	Not reported^{note 1}	-7,029	-4,615	-3,814
Employee growth (vækst i antal ansatte)	0%	0%	0%	0%	0%
Net interest-bearing debt (NIBD, nettorentebærende gæld)	-206,386	-217,831	-261,777^{note 2}	-383,497^{note 2}	-581,509^{note 2}
Interest coverage (rentedækning)	n.m.^{note 3}	-0.2x	n.m.^{note 3}	-4x	-0.2x
Adjusted equity ratio (justeret soliditetsgrad)	96.9%^{note 4}	98%^{note 4}	96.4%^{note 4}	94.1%^{note 4}	93.3%^{note 4}
ROIC (afkast af investeret kapital)	-0.2%	-1.3%^{note 5}	-1.2%^{note 2}	-0.8%^{note 2}	-0.6%^{note 6}
Capex (investeringer i anlægsaktiver)	Not reported^{note 7}	Not reported^{note 7}	985^{note 8}	0^{note 8}	0^{note 9}

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages. Gearing and interest coverage are multiples. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement: included in the group's (ÅRL § 86, stk. 4).

1 no depreciation line filed
2 no interest-bearing debt reported
3 n.m.: finance expenses under 0.1% of total assets
4 Dandex estimate: no intangible or deferred tax assets to deduct
5 Dandex estimate: statutory 22% used: profit before tax not positive
6 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%; no interest-bearing debt reported
7 no capex filed
8 Dandex estimate: capex from the balance sheet change plus D&A
9 tangible assets only

Annual Reports

Annual report 2025
1 Oct 2024 to 30 Sep 2025, published 19 Dec 2025
XHTML
Annual report 2024
1 Oct 2023 to 30 Sep 2024, published 12 Mar 2025
PDF
Annual report 2023
1 Oct 2022 to 30 Sep 2023, published 8 Feb 2024
PDF
Annual report 2022
1 Oct 2021 to 30 Sep 2022, published 25 Jan 2023
PDF
Annual report 2021
1 Oct 2020 to 30 Sep 2021, published 21 Feb 2022
PDF

Financials

Changes

All changes

19 Oct 2026
Systematic Holding ApS has new leadership, a good time to reach out.
Signal, a Dandex estimate. Lapses 25 Nov 2026.
19 Oct 2026
Systematic Holding ApS has changed ownership. A new strategy and new needs can be expected.
Signal, a Dandex estimate. Lapses 22 Dec 2026.
24 Aug 2026
Ownership change
Systematic Holding ApS (CVR 19000680) har foretaget ejerskifte pr. 24. august 2026: 13 indtrådt.
17 Aug 2026
Director change
Systematic Holding ApS (CVR 19000680) har foretaget direktørskifte pr. 17. august 2026: 4 indtrådt.
12 May 2025
Director change
Systematic Holding ApS (CVR 19000680) har foretaget direktørskifte pr. 12. maj 2025: 1 indtrådt.

Changes

Registry Facts

Signing rule (Tegningsregel): Selskabet tegnes af en direktør eller bestyrelsesformanden alene eller af den samlede bestyrelsesince 24 Aug 2026
Purpose (Formål): Selskabets formål er at erhverve og besidde aktier og anparter samt anden i forbindelse hermed stående virksomhed.since 20 Dec 2011
Audit opted out (Revision fravalgt): Nosince 1 Oct 1995
Articles of association last changed (Seneste vedtægtsdato): 17 Aug 2026
Share classes (Kapitalklasser): Yessince 20 Dec 2011
Owners under 5% registered (Ejerregistrering under 5 procent): Nosince 31 Oct 2019
Anti-money-laundering act (Hvidvaskloven): Not covered (Ikke omfattet)since 8 Mar 2023

Share Capital

Each registered value from the day it took effect, newest first.

20 Aug 20083,700,000 DKK+3,499,000
26 Feb 1996201,000 DKK+1,000
27 Oct 1995200,000 DKKEarliest in CVR

From CVR, read 10 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry Facts

Registrations (Registreringer)

14 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

24 Aug 2026
People change
Vedtægter ændret: 17.08.2026
Bestyrelse:
Tiltrådte:
Kasper Luscombe Kielsgaard Holm, den 17.08.2026, Michael Holm, (formand), den 17.08.2026, Kathrine Kielsgaard, den 17.08.2026, Klaus Kielsgaard, den 17.08.2026.
Direktion:
Fratrådte:
Michael Holm, den 17.08.2026.
Selskabet tegnes af en direktør eller bestyrelsesformanden alene eller af densamlede bestyrelse
12 May 2025
People change
Direktion:
Tiltrådte:
Pernille Salling Holm, den 12.05.2025.
29 Aug 2024
Audit change
Revision:
Fratrådte:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, den 22.08.2024.
Tiltrådte:
CVR-NR. 33771231 PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Jens Chr. Skous Vej 1, 8000 Aarhus C, den 22.08.2024.
8 Mar 2018
Other
Vedtægter ændret: 22.02.2018
Nyt navn: Systematic Holding ApS
5 Jan 2012
Other
Vedtægter ændret:
20.12.2011.
Kapitalen er opdelt i klasser:
A kr. 370.000,00. B kr. 3.330.000,00.
10 Nov 2011
Audit change Other
Revision:
Udtrådt af revisionen:
DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB, den 13.10.2011.
Indtrådt i revisionen:
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB, Åboulevarden 31, 8000 Aarhus C, den 13.10.2011.
20 Aug 2008
Capital change Other
Vedtægter ændret:
20.08.2008.
Kapitalforhøjelse:
kr. 3.499.000,00 indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 3.700.000,00.
17 May 2006
Address change
Ny adresse:
Lindevangsvej 17, 8240 Risskov.
10 Jun 2005
Other
Vedtægter ændret:
10.06.2005.
7 Dec 2004
Address change
Ny adresse:
Værkmestergade 25, 17., 8000 Århus C.

Show 4 more

3 Apr 2000
Address change
Ny adresse:
Lindevangsvej 17, 8240 Risskov.
4 May 1998
Address change
Ny adresse:
Rishøjvej 1, 8240 Risskov.
12 Mar 1996
Capital change Other
Vedtægter ændret:
06.02.1996.
Kapitalforhøjelse:
kr. 1.000,00 indbetalt i værdier, kurs 350.000,00.
Kapitalen udgør herefter kr. 201.000,00.
16 Nov 1995
New company
Stiftelsesdato:
01.10.1995.
Seneste vedtægtsdato:
01.10.1995.
Kapital:
kr. 200.000,00.
Show the full announcement
Indbetalingsmåde:
kontant kr. 200.000,00 til kurs 100,00.
Stifter:
Direktør Michael Holm Hansen, den 01.10.1995.
Direktion:
Direktør Michael Holm Hansen, den 01.10.1995.
Selskabet tegnes af en direktør alene.
Revision:
DELOITTE & TOUCHE STATSAUTORISERET REVISIONSAKTIESELSKAB, c/o Arosgården, Åboulevarden 31, 8000 Århus C, den 01.10.1995.
Første regnskabsår:
01.10.1995 - 30.09.1996.
Regnskabsår:
01.10 - 30.09.

Registrations (Registreringer)

Registration

Address: Lindevangsvej 17
8240 Risskov
Aarhus Municipality
CVR record last changed: 15 Sep 2026
Data read: 10 Nov 2026

Production Units

1 registered in CVR.

Systematic Holding ApS
P-number 1003643219Lindevangsvej 17, 8240 Risskov

Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

Ownership

People

Network

Financials

Changes

Registry Facts

Registrations (Registreringer)

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

Dandex Estimates

People

Current (5)

Founders (1)

Network

Roles Over Time

Network

Headcount

Financials

Annual Reports

Financials

Changes

Changes

Registry Facts

Share Capital

Registry Facts

Registrations (Registreringer)

Registrations (Registreringer)

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Dandex Estimates

Current (5)

Founders (1)

Network

Shared by two or more of its people

Owners and the control chain

Companies it owns

Its people and their other companies

Network

Roles Over Time

Headcount

Financials

Annual Reports

Changes

Registry Facts

Share Capital

Registrations (Registreringer)

Production Units

Network

Shared by two or more of its people

Owners and the control chain

Companies it owns

Its people and their other companies