Dundas Titanium A/S: Financial statements 2021
CVR: 12905114
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Dundas Titanium A/S (CVR 12905114) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK -2,039,683 and a net result of DKK -9,360,859 compared with DKK -8,375,176 the year before. Equity in the 2021 report amounted to DKK -33,723,238. The company had 7 employees in the financial year.
- Gross Profit
- DKK -2,039,683
- Profit/Loss
- DKK -9,360,859
- Equity
- DKK -33,723,238
- Total Assets
- DKK 176,146,478
- Employees
- 7
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | -2 mio. | -9.4 mio. | -33.7 mio. | 7 |
| 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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As of October 28, 2021, Kevin Francis Sheil has joined the board of directors of Dundas Titanium A/S.
Dundas Titanium A/S has published its annual report for 2020. Gross profit came to DKK -145,758, and the net result was DKK -8,375,176.
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.
