Owners, management and financials
CVR: 39405148
Previous names: Systems Division A/S
DKK 3,091,852
Gross profit
Net result: DKK 2,017,822
GPP PropCo ApS (100%)
CVR · view owners
Hans Morten Bligaard
Board: Gert Richard Lykke Andersen (chair) and 2 members
CVR · view management
Active
Founded 13 March 2018
CVR · view overview
0 employees
Annual report 2025 · average
Director role ended: Hans Robin Philip
CVR · 22/08/2018
View the full event history
Systems Division Properties A/S is a Danish company of the type Aktieselskab based in Hellerup, founded in 2018. The company is registered under the industry Udlejning af erhvervsejendomme. The company was previously named Systems Division A/S. The management consists of Hans Morten Bligaard. The board consists of Gert Richard Lykke Andersen (chair), Hans Morten Bligaard and Hiten Ramniklal Shah. The company is owned by GPP PropCo ApS. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported a gross profit of DKK 3,091,852 and a net result of DKK 2,017,822 compared with DKK 5,289,405 the year before. Equity in the 2025 report amounted to DKK 32,537,403.
Source: annual report 2025, Danish Business Authority
The financial health of Systems Division Properties A/S appears stable, with a notable increase in profitability over the past few years. In 2025, the company reported a profit of 2,017,822 DKK and equity of 32,537,403 DKK, reflecting a solid equity position. Revenue has shown slight fluctuations, peaking at 3,227,252 DKK in 2022, but profitability has generally trended upward, with a significant jump to 6,807,245 DKK in 2023. While gross profit figures are not consistently reported, the overall trend indicates a growing profit margin, positioning the company favorably within the commercial real estate rental industry since its founding in 2018. However, the lack of revenue disclosure in some years may raise concerns regarding transparency and financial reporting practices.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive og besidde fast ejendom og udleje fast ejendom samt anden virksomhed, der efter bestyrelsens skøn står i en naturlig forbindelse hermed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 2 mio. | 44.5 mio. | 32.5 mio. | 0 | |
| 202401/01/2024 – 31/12/2024 | - | 5.3 mio. | 44.9 mio. | 30.5 mio. | 1 | |
| 202301/01/2023 – 31/12/2023 | 3.2 mio. | 6.8 mio. | 41.5 mio. | 25.2 mio. | 1 | |
| 202201/01/2022 – 31/12/2022 | 3.2 mio. | 975 t. | 43.1 mio. | 30.4 mio. | 1 | |
| 202101/01/2021 – 31/12/2021 | 3.2 mio. | 941 t. | 42.9 mio. | 29.4 mio. | 1 | |
| 202001/01/2020 – 31/12/2020 | 3.2 mio. | 1.4 mio. | 50.1 mio. | 33.8 mio. | 1 | |
| 201901/01/2019 – 31/12/2019 | 3.2 mio. | 2.1 mio. | 49.8 mio. | 32.4 mio. | 1 |
Compared to 18.849 companies in Udlejning af erhvervsejendomme
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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See the API documentationThe CVR number of Systems Division Properties A/S is 39405148.
Systems Division Properties A/S is owned by GPP PropCo ApS.
The management of Systems Division Properties A/S consists of Hans Morten Bligaard.
The board of Systems Division Properties A/S consists of Gert Richard Lykke Andersen, Hans Morten Bligaard and Hiten Ramniklal Shah, with Gert Richard Lykke Andersen as chair.
In 2025, Systems Division Properties A/S reported a gross profit of DKK 3,091,852.
Systems Division Properties A/S had an average of 0 employees in the 2025 financial year according to the annual report.
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Systems Division Properties A/S has published its annual report for 2025. Gross profit came to DKK 3,091,852, and the net result was DKK 2,017,822.
Systems Division Properties A/S has published its annual report for 2024. Gross profit came to DKK 3,137,665, and the net result was DKK 5,289,405.
As of September 1, 2024, HARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED has been appointed auditor of Systems Division Properties A/S.
As of September 1, 2024, C.E.J. Invest ApS has stepped down as auditor of Systems Division Properties A/S.
Systems Division Properties A/S has published its annual report for 2023. Revenue came to DKK 3,223,246, and the net result was DKK 6,807,245.
Systems Division Properties A/S has published its annual report for 2022. Revenue came to DKK 3,227,252, and the net result was DKK 974,828.
Systems Division Properties A/S has published its annual report for 2021. Revenue came to DKK 3,222,189, and the net result was DKK 940,629.
Systems Division Properties A/S has published its annual report for 2020. Revenue came to DKK 3,221,129, and the net result was DKK 1,448,567.
Systems Division Properties A/S has published its annual report for 2019. Revenue came to DKK 3,220,168, and the net result was DKK 2,065,386.
Systems Division Properties A/S has published its interim report for the period March 13, 2018 to December 31, 2018.
As of January 14, 2019, C.E.J. Invest ApS has been appointed auditor of Systems Division Properties A/S.
As of January 14, 2019, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Systems Division Properties A/S.
As of August 22, 2018, Hans Morten Bligaard has joined the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Gert Richard Lykke Andersen has joined the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Hiten Ramniklal Shah has joined the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Hans Robin Philip has left the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Vagn Balle Hundebøll has left the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Lars Aage Sørensen has left the board of directors of Systems Division Properties A/S.
As of August 22, 2018, Hans Morten Bligaard is registered as adm. dir. of Systems Division Properties A/S.
As of August 22, 2018, Hans Robin Philip has stepped down as adm. dir. of Systems Division Properties A/S.
As of May 31, 2018, GPP PropCo ApS is registered as an owner of Systems Division Properties A/S with an ownership share of 100%.
As of May 30, 2018, Hans Robin Philip has joined the board of directors of Systems Division Properties A/S.
As of May 30, 2018, Mogens Stampe Rüdiger has left the board of directors of Systems Division Properties A/S.
As of May 30, 2018, Hans Robin Philip is registered as adm. dir. of Systems Division Properties A/S.
As of May 30, 2018, Mogens Stampe Rüdiger has stepped down as adm. dir. of Systems Division Properties A/S.
On March 20, 2018, the company changed its name from Systems Division A/S to Systems Division Properties A/S.
As of March 13, 2018, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Systems Division Properties A/S.
As of March 13, 2018, Mogens Stampe Rüdiger has joined the board of directors of Systems Division Properties A/S.
As of March 13, 2018, Vagn Balle Hundebøll has joined the board of directors of Systems Division Properties A/S.
As of March 13, 2018, Lars Aage Sørensen has joined the board of directors of Systems Division Properties A/S.
As of March 13, 2018, Mogens Stampe Rüdiger is registered as adm. dir. of Systems Division Properties A/S.
As of March 13, 2018, Henrik Rasmussen is registered as adm. dir. of Systems Division Properties A/S.
As of March 13, 2018, Henrik Rasmussen has stepped down as adm. dir. of Systems Division Properties A/S.
Systems Division Properties A/S was founded on March 13, 2018.

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Selskabets formål er at udvikle, markedsføre, sælge og implementere software produkter til brug ved indkøbsstyring og dermed efter bestyrelsens skøn beslægtet virksomhed

Selskabets formål er IT- og kommunikationsvirksomhed samt virksomhed i øvrigt, der efter bestyrelsens skøn står i forbindelse hermed.


Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
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