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GRID System ApS
APS
Active
CVR 21685798
Smedevangen 2, 3540
Lynge
Manufacture of furniture
·
NACE 3100
Est. 1999 · 27 years old
9 employees
Monitor
Share
Denmark
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Companies
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Manufacture of furniture
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GRID System ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
12M
9M
6M
3M
0M
2021: 9M
9M
2021
2022: 8M (-11% vs 2021)
8M
-11%
2022
2023: 7M (-12% vs 2022)
7M
-12%
2023
2024: 10M (+43% vs 2023)
10M
+43%
2024
2025: 6M (-40% vs 2024)
6M
-40%
2025
EBITDA
DKK millions
5M
4M
2M
1M
0M
2021: 4M
4M
2021
2022: 2M (-50% vs 2021)
2M
-50%
2022
2023: 1M (-50% vs 2022)
1M
-50%
2023
2024: 4M (+300% vs 2023)
4M
+300%
2024
2025: 0M (-100% vs 2024)
0M
-100%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
6.165
9.919
6.843
7.866
9.169
Staff expenses
-5.761
-6.095
-5.945
-5.453
-5.109
EBITDA
404
3.825
898
2.412
4.060
Depreciation & amort.
-319
-346
-339
-284
-188
EBIT
85
3.478
559
2.128
3.872
Net financials
-3
7
-36
-5
-96
Profit before tax
82
3.485
523
2.123
3.776
Tax
29
775
132
496
833
Net profit
53
2.710
392
1.627
2.943
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
9.394
12.493
9.808
12.703
12.491
Equity
7.743
9.040
6.370
6.138
7.311
Long-term debt
0
656
0
395
746
Short-term debt
1.610
2.724
3.341
6.062
4.310
Total debt
1.610
3.380
3.341
6.457
5.055
Financial ratios
5-year trend
EBITDA margin (of gross profit)
6,6 %
This company
2021
2025
Equity ratio
82,4 %
This company
38,2 %
Market median
This company
Market median
116% above market
2021
2025
Return on equity
0,7 %
This company
18,4 %
Market median
This company
Market median
96% below market
2021
2025
Net profit margin (of gross profit)
0,9 %
This company
2021
2025
Asset turnover (of gross profit)
0,66×
This company
2021
2025
Debt / equity
0,21×
This company
0,62×
Market median
This company
Market median
66% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2024-07-01 – 2025-06-30
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View
PDF
More on GRID System ApS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
