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Dundas Titanium A/S: Financial statements 2023

CVR: 12905114

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Dundas Titanium A/S (CVR 12905114) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK -692,000 and a net result of DKK -17,257,000 compared with DKK -10,102,083 the year before. Equity in the 2023 report amounted to DKK -61,082,000. The company had 5 employees in the financial year.

Gross Profit
DKK -692,000
Profit/Loss
DKK -17,257,000
Equity
DKK -61,082,000
Total Assets
DKK 217,507,000
Employees
5

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023--692 t.-17.3 mio.-61.1 mio.5
2022--1.4 mio.-10.1 mio.-43.8 mio.3
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

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Events in 2023

Eric Martin Sondergaard joins the board of Dundas Titanium A/SDec 19, 2023

As of December 19, 2023, Eric Martin Sondergaard has joined the board of directors of Dundas Titanium A/S.

Bo Møller Stensgaard leaves the board of Dundas Titanium A/SDec 19, 2023

As of December 19, 2023, Bo Møller Stensgaard has left the board of directors of Dundas Titanium A/S.

Robert Willem John Edwards leaves the board of Dundas Titanium A/SDec 19, 2023

As of December 19, 2023, Robert Willem John Edwards has left the board of directors of Dundas Titanium A/S.

Eric Martin Sondergaard joins the board of Dundas Titanium A/SDec 18, 2023

As of December 18, 2023, Eric Martin Sondergaard has joined the board of directors of Dundas Titanium A/S.

Roderick Claude Mcillree joins the board of Dundas Titanium A/SDec 18, 2023

As of December 18, 2023, Roderick Claude Mcillree has joined the board of directors of Dundas Titanium A/S.

Eric Martin Sondergaard leaves the board of Dundas Titanium A/SDec 18, 2023

As of December 18, 2023, Eric Martin Sondergaard has left the board of directors of Dundas Titanium A/S.

Dundas Titanium A/S appoints new auditorOct 16, 2023

As of October 16, 2023, A/S PSE 17 NR. 1056 has been appointed auditor of Dundas Titanium A/S.

Auditor steps down at Dundas Titanium A/SOct 16, 2023

As of October 16, 2023, EY Denmark ApS has stepped down as auditor of Dundas Titanium A/S.

Dundas Titanium A/S: The 2022 annual report is outJul 17, 2023

Dundas Titanium A/S has published its annual report for 2022. Gross profit came to DKK -1,425,641, and the net result was DKK -10,102,083.

Robert Willem John Edwards joins the board of Dundas Titanium A/SMay 25, 2023

As of May 25, 2023, Robert Willem John Edwards has joined 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.

Source: annual report 2025, Danish Business Authority