Dundas Titanium A/S: Financial statements 2020
CVR: 12905114
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
Dundas Titanium A/S (CVR 12905114) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK -145,758 and a net result of DKK -8,375,176 compared with DKK -8,864,316 the year before. Equity in the 2020 report amounted to DKK -24,362,379. The company had 15 employees in the financial year.
- Gross Profit
- DKK -145,758
- Profit/Loss
- DKK -8,375,176
- Equity
- DKK -24,362,379
- Total Assets
- DKK 167,217,488
- Employees
- 15
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | -146 t. | -8.4 mio. | -24.4 mio. | 15 |
| 2019 | - | -1.6 mio. | -8.9 mio. | -16 mio. | 7 |
| 2018 | - | -1.5 mio. | -5.1 mio. | -7.1 mio. | 15 |
| 2017 | - | -686 t. | -2.5 mio. | -2 mio. | 6 |
Official annual report
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Dundas Titanium A/S has published its annual report for 2019. Gross profit came to DKK -1,627,592, and the net result was DKK -8,864,316.
As of May 25, 2020, EY Denmark ApS has been appointed auditor of Dundas Titanium A/S.
As of May 25, 2020, PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab has stepped down as auditor of Dundas Titanium A/S.
As of January 1, 2020, Per Buhl Olsen has joined the board of directors of Dundas Titanium A/S.
As of January 1, 2020, Garth Mervyn Palmer has left the board of directors of Dundas Titanium A/S.
About Dundas Titanium A/S
Dundas Titanium A/S is a Danish company of the type Aktieselskab based in Nuuk, founded in 2017. The company is registered under the industry Anden råstofindvinding i.a.n.. The company was previously named Pituffik A/S. The management consists of Roderick Claude Mcillree. The board consists of Olga Solovieva (chair), Roderick Claude Mcillree and Troy Edward Whittaker. The company is owned by 80 MILE PLC. According to the 2025 annual report, the company had an average of 2 employees. In 2025, the company reported a gross profit of DKK 107,283 and a net result of DKK -228,006,002 compared with DKK -18,322,568 the year before. Equity in the 2025 report amounted to DKK -307,410,979.