CTS Denmark Holding A/S: Financial statements 2023
CVR: 20076488
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
CTS Denmark Holding A/S (CVR 20076488) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 21,807,536 and a net result of DKK 64,488,665 compared with DKK 54,661,930 the year before. That is a decrease of 13.4% compared with the year before. Equity in the 2023 report amounted to DKK 264,192,204. The solvency ratio was 28.7%. The company had 21 employees in the financial year.
- Gross Profit
- DKK 21,807,536
- Profit/Loss
- DKK 64,488,665
- Equity
- DKK 264,192,204
- Total Assets
- DKK 920,872,108
- Employees
- 21
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 21.8M | 64.5M | 264.2M | 21 |
| 2022 | - | 25.2M | 54.7M | 202.3M | 26 |
| 2021 | - | 29.3M | -8.5M | 22.9M | 27 |
| 2020 | - | 27.4M | 8.9M | 31.4M | 24 |
| 2019 | - | 28.4M | 2.4M | 22.5M | 27 |
Official annual report
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CTS Denmark Holding A/S has published its annual report for 2022. Gross profit came to DKK 25,184,697, and the net result was DKK 54,661,930.
As of April 7, 2023, Scott Louis D'Angelo has joined the board of directors of CTS Denmark Holding A/S.
As of April 7, 2023, William Michael Cahill has left the board of directors of CTS Denmark Holding A/S.
As of April 7, 2023, Scott Louis D'Angelo is registered as director of CTS Denmark Holding A/S.
As of April 7, 2023, William Michael Cahill has stepped down as director of CTS Denmark Holding A/S.
About CTS Denmark Holding A/S
CTS Denmark Holding A/S is a Danish company of the type Aktieselskab based in Kvistgård, founded in 1997. The company is registered under the industry Engroshandel med informations- og kommunikationsudstyr. The company was previously named CTS Ceramics Denmark A/S and NOLIAC A/S. The management consists of Pratik Harendra Trivedi. The board consists of Sheri Drucker Davis (chair), Pratik Harendra Trivedi and Rex Shaochih Chang. The company is owned by CTS Corporation. The company has 6 employees (2026). In 2025, the company reported a gross profit of DKK -496,743 and a net result of DKK 33,996,239 compared with DKK -9,583,062 the year before. Equity in the 2025 report amounted to DKK 288,653,428.