CVR: 21382086
Secondary names: KAPOW A/S, KAPOW SOFTWARE A/S, Kofax Development A/S
Previous names: SCSK 2531 ApS, KAPOW2 ApS, KAPOW ApS
DKK 12,216,011
Gross profit
Net result: DKK 3,940,703
Tungsten Holdings Corporation US
CVR · view ownership and management
Name registered: Tungsten Automation Development A/S
CVR · 15/01/2024
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Tungsten Automation Development A/S is a Danish company of the type Aktieselskab based in Herlev, founded in 1999. The company is registered under the industry Anden udgivelse af software. The company was previously named Kofax Development A/S and KAPOW TECHNOLOGIES A/S. The management consists of Christian Jörg Franz Hefner. The company is owned by Tungsten Holdings Corporation US. The company has 14 employees (2018). In 2025, the company reported a gross profit of DKK 12,216,011 and a net result of DKK 3,940,703 compared with DKK 1,362,607 the year before. Equity in the 2025 report amounted to DKK 66,847,765.
Source: annual report 2025, Danish Business Authority
Tungsten Automation Development A/S demonstrates a stable financial health with a strong equity position, currently at 66,847,765 DKK. The company has shown consistent gross profit figures over the past five years, peaking at 14,776,584 DKK in 2023, although profits have fluctuated, with a notable increase to 3,940,703 DKK in 2025. The gross profit margins remain robust, indicating effective cost management. However, the absence of disclosed revenue figures raises concerns about transparency and overall market positioning within the software industry.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive handel og service samt udvikling og salg af software samt hermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 3.9 mio. | 122.7 mio. | 66.8 mio. | 10 | |
| 202401/01/2024 – 31/12/2024 | - | 1.4 mio. | 106.1 mio. | 62.9 mio. | 13 | |
| 202301/01/2023 – 31/12/2023 | - | 3.3 mio. | 78.8 mio. | 61.5 mio. | 13 | |
| 202201/01/2022 – 31/12/2022 | - | 3.8 mio. | 72.6 mio. | 58.3 mio. | 10 | |
| 202101/01/2021 – 31/12/2021 | - | 4.5 mio. | 62.3 mio. | 54.4 mio. | 11 | |
| 202001/01/2020 – 31/12/2020 | - | 5.1 mio. | 60.9 mio. | 50 mio. | 13 | |
| 201901/01/2019 – 31/12/2019 | - | 9.7 mio. | 54.1 mio. | 44.8 mio. | 14 | |
| 201801/01/2018 – 31/12/2018 | - | 10.1 mio. | 72.1 mio. | 35.1 mio. | 13 | |
| 201701/01/2017 – 31/12/2017 | - | 11.8 mio. | 46.8 mio. | 25 mio. | 13 | |
| 201601/01/2016 – 31/12/2016 | - | 25.3 mio. | 25.4 mio. | 13.2 mio. | 17 | |
| 201401/07/2013 – 30/06/2014 | - | 2.7 mio. | 49.7 mio. | -28.2 mio. | - | |
| 201301/07/2012 – 30/06/2013 | 7.8 mio. | -2.9 mio. | 31 mio. | -31.1 mio. | 20 |
Compared to 1.250 companies in Anden udgivelse af software
Comparison is based on industry median values
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Set up monitoringTungsten Automation Development A/S was founded on 1 January 1999.
Tungsten Automation Development A/S is registered under the industry Anden udgivelse af software (industry code 582900).
Tungsten Automation Development A/S had 14 employees in 2018 according to the Danish CVR register.
Tungsten Automation Development A/S is owned by Tungsten Holdings Corporation US.
In 2025, Tungsten Automation Development A/S reported a gross profit of DKK 12,216,011.
The management of Tungsten Automation Development A/S consists of Christian Jörg Franz Hefner.
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Tungsten Automation Development A/S has published its annual report for 2025. Gross profit came to DKK 12,216,011, and the net result was DKK 3,940,703.
Address changed to Lyskær 3C 4. 3, 4, 2730 Herlev (March 2, 2026).
Contact info changed: new phone: 70331001 (March 2, 2026).
As of July 22, 2025, Peter Lawrence has joined the board of directors of Tungsten Automation Development A/S.
As of July 22, 2025, Cort Steven Townsend has left the board of directors of Tungsten Automation Development A/S.
Tungsten Automation Development A/S has published its annual report for 2024. Gross profit came to DKK 12,855,439, and the net result was DKK 1,362,607.
Tungsten Automation Development A/S has published its annual report for 2023. Gross profit came to DKK 14,776,584, and the net result was DKK 3,277,221.
On January 15, 2024, the company changed its name from Kofax Development A/S to Tungsten Automation Development A/S.
Tungsten Automation Development A/S has published its annual report for 2022. Gross profit came to DKK 13,274,168, and the net result was DKK 3,828,329.
Tungsten Automation Development A/S has published its annual report for 2021. Gross profit came to DKK 13,268,241, and the net result was DKK 4,481,376.
Tungsten Automation Development A/S has published its annual report for 2020. Gross profit came to DKK 14,546,733, and the net result was DKK 5,146,267.
Tungsten Automation Development A/S has published its annual report for 2019. Gross profit came to DKK 23,288,720, and the net result was DKK 9,713,527.
Tungsten Automation Development A/S has published its annual report for 2018. Gross profit came to DKK 20,168,271, and the net result was DKK 10,057,746.
Tungsten Automation Development A/S has published its annual report for 2017. Gross profit came to DKK 23,347,418, and the net result was DKK 11,804,624.
On March 2, 2018, the company changed its name from KAPOW TECHNOLOGIES A/S to Kofax Development A/S.
As of December 29, 2017, is registered as an owner of Tungsten Automation Development A/S with an ownership share of 100%.
As of August 23, 2017, Cort Steven Townsend has joined the board of directors of Tungsten Automation Development A/S.
As of August 23, 2017, Robert James Patton has left the board of directors of Tungsten Automation Development A/S.
Tungsten Automation Development A/S has published its annual report for 2016. Gross profit came to DKK 40,738,755, and the net result was DKK 25,314,771.
As of March 22, 2016, Martin Gustav Oberholzer has joined the board of directors of Tungsten Automation Development A/S.
As of March 22, 2016, James Robert Arnold has left the board of directors of Tungsten Automation Development A/S.
As of October 23, 2015, Forvis Mazars Statsautoriseret Revisionspartnerselskab has been appointed auditor of Tungsten Automation Development A/S.
As of October 23, 2015, A/S PSE 17 NR. 1056 has stepped down as auditor of Tungsten Automation Development A/S.
As of October 23, 2015, James Robert Arnold has joined the board of directors of Tungsten Automation Development A/S.
As of October 23, 2015, Robert James Patton has joined the board of directors of Tungsten Automation Development A/S.
As of October 23, 2015, William Bradford Weller has left the board of directors of Tungsten Automation Development A/S.
As of October 22, 2015, James Robert Arnold has left the board of directors of Tungsten Automation Development A/S.
Tungsten Automation Development A/S has published its annual report for 2014. Gross profit came to DKK 18,421,369, and the net result was DKK 2,700,991.
As of March 31, 2014, A/S PSE 17 NR. 1056 has been appointed auditor of Tungsten Automation Development A/S.
As of March 31, 2014, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Tungsten Automation Development A/S.
Tungsten Automation Development A/S has published its annual report for 2013. Revenue came to DKK 7,842,517, and the net result was DKK -2,903,233.
As of December 9, 2013, James Robert Arnold has joined the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, William Bradford Weller has joined the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, Christian Jörg Franz Hefner has joined the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, Anne-Sofie Nielsen has left the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, Stefan Andreasen has left the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, Svend Skafte has left the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, John Yapaola has left the board of directors of Tungsten Automation Development A/S.
As of December 9, 2013, Christian Jörg Franz Hefner is registered as director of Tungsten Automation Development A/S.
As of December 9, 2013, Stefan Andreasen has stepped down as director of Tungsten Automation Development A/S.
As of November 1, 2011, Anne-Sofie Nielsen has joined the board of directors of Tungsten Automation Development A/S.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Tungsten Automation Development A/S.
As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of Tungsten Automation Development A/S.
As of March 3, 2009, John Yapaola has joined the board of directors of Tungsten Automation Development A/S.
As of March 3, 2009, Morten Bugge has left the board of directors of Tungsten Automation Development A/S.
As of August 28, 2008, Svend Skafte has joined the board of directors of Tungsten Automation Development A/S.
As of August 28, 2008, Knud Jesper Jørgensen has left the board of directors of Tungsten Automation Development A/S.
As of December 5, 2007, Knud Jesper Jørgensen has joined the board of directors of Tungsten Automation Development A/S.
As of December 5, 2007, Morten Bugge has joined the board of directors of Tungsten Automation Development A/S.
As of December 5, 2007, Thomas Weilby Knudsen has left the board of directors of Tungsten Automation Development A/S.
As of December 5, 2007, Søren Jakob Anker-Ladefoged has left the board of directors of Tungsten Automation Development A/S.
As of January 3, 2007, Stefan Andreasen is registered as director of Tungsten Automation Development A/S.
As of January 3, 2007, Jonas Almstrup has stepped down as adm. dir. of Tungsten Automation Development A/S.
As of January 20, 2006, Jonas Almstrup is registered as adm. dir. of Tungsten Automation Development A/S.
As of January 20, 2006, Stefan Andreasen has stepped down as adm. dir. of Tungsten Automation Development A/S.
As of December 15, 2005, David Jonathan Carratt has left the board of directors of Tungsten Automation Development A/S.
As of June 30, 2005, A/S PSE NR. 4820 has been appointed auditor of Tungsten Automation Development A/S.
As of June 30, 2005, Pricewaterhouse Coopers has stepped down as auditor of Tungsten Automation Development A/S.
As of January 21, 2005, Peter Aagaard has left the board of directors of Tungsten Automation Development A/S.
As of January 21, 2005, Jonas Almstrup has left the board of directors of Tungsten Automation Development A/S.
As of January 13, 2005, David Jonathan Carratt has joined the board of directors of Tungsten Automation Development A/S.
As of January 13, 2005, Yutaka Amano has left the board of directors of Tungsten Automation Development A/S.
On October 29, 2004, the company changed its name from KAPOW TECHNOLOGIES ApS to KAPOW TECHNOLOGIES A/S.
As of September 6, 2004, Thomas Weilby Knudsen has joined the board of directors of Tungsten Automation Development A/S.
As of September 6, 2004, Peter Aagaard has joined the board of directors of Tungsten Automation Development A/S.
As of September 6, 2004, Lars Christian Bruhn has left the board of directors of Tungsten Automation Development A/S.
As of July 7, 2004, Michael Heiberg has left the board of directors of Tungsten Automation Development A/S.
As of July 1, 2004, Jonas Almstrup has joined the board of directors of Tungsten Automation Development A/S.
As of July 1, 2004, Jesper Ulsø has left the board of directors of Tungsten Automation Development A/S.
As of January 22, 2004, Jesper Ulsø has joined the board of directors of Tungsten Automation Development A/S.
As of January 22, 2004, Ebbe Groes has left the board of directors of Tungsten Automation Development A/S.
As of September 16, 2003, Lars Christian Bruhn has joined the board of directors of Tungsten Automation Development A/S.
As of September 16, 2003, Frank Ewald has left the board of directors of Tungsten Automation Development A/S.
As of April 3, 2003, Frank Ewald has joined the board of directors of Tungsten Automation Development A/S.
As of April 3, 2003, Michael Heiberg has joined the board of directors of Tungsten Automation Development A/S.
As of April 3, 2003, David Schjelde has left the board of directors of Tungsten Automation Development A/S.
As of March 20, 2003, Daniel Karl Kollberg has stepped down as director of Tungsten Automation Development A/S.
As of May 29, 2002, David Schjelde has joined the board of directors of Tungsten Automation Development A/S.
As of May 29, 2002, Yutaka Amano has joined the board of directors of Tungsten Automation Development A/S.
As of May 29, 2002, Michael Samuel Sherain has left the board of directors of Tungsten Automation Development A/S.
As of May 29, 2002, Toshihiro Oguri has left the board of directors of Tungsten Automation Development A/S.
As of February 18, 2002, Søren Jakob Anker-Ladefoged has joined the board of directors of Tungsten Automation Development A/S.
As of February 18, 2002, Stefan Andreasen is registered as adm. dir. of Tungsten Automation Development A/S.
As of February 18, 2002, Daniel Karl Kollberg is registered as director of Tungsten Automation Development A/S.
As of February 18, 2002, Jesper Ulsø has stepped down as director of Tungsten Automation Development A/S.
As of October 29, 2001, Toshihiro Oguri has joined the board of directors of Tungsten Automation Development A/S.
As of October 29, 2001, Keiichiro Tsukamoto has left the board of directors of Tungsten Automation Development A/S.
As of March 22, 2001, Lars Christian Bruhn has left the board of directors of Tungsten Automation Development A/S.
As of February 26, 2001, Jesper Ulsø is registered as director of Tungsten Automation Development A/S.
As of February 26, 2001, Ebbe Groes has stepped down as director of Tungsten Automation Development A/S.
On January 22, 2001, the company changed its name from KAPOW ApS to KAPOW TECHNOLOGIES ApS.
As of July 7, 2000, Keiichiro Tsukamoto has joined the board of directors of Tungsten Automation Development A/S.
As of July 7, 2000, Steen Louis Reinholdt has left the board of directors of Tungsten Automation Development A/S.
As of March 20, 2000, Pricewaterhouse Coopers has been appointed auditor of Tungsten Automation Development A/S.
As of October 26, 1999, Steen Louis Reinholdt has joined the board of directors of Tungsten Automation Development A/S.
As of October 26, 1999, Michael Samuel Sherain has joined the board of directors of Tungsten Automation Development A/S.
As of October 26, 1999, Lars Christian Bruhn has joined the board of directors of Tungsten Automation Development A/S.
On April 22, 1999, the company changed its name from KAPOW2 ApS to KAPOW ApS.
As of April 9, 1999, Stefan Andreasen has joined the board of directors of Tungsten Automation Development A/S.
As of April 9, 1999, Ebbe Groes has joined the board of directors of Tungsten Automation Development A/S.
On April 7, 1999, the company changed its name from SCSK 2531 ApS to KAPOW2 ApS.
As of April 6, 1999, MONOGRAM SHOP ApS has stepped down as auditor of Tungsten Automation Development A/S.
As of April 6, 1999, Ebbe Groes is registered as director of Tungsten Automation Development A/S.
As of April 6, 1999, Steen Schierbeck has stepped down as director of Tungsten Automation Development A/S.
As of January 1, 1999, MONOGRAM SHOP ApS has been appointed auditor of Tungsten Automation Development A/S.
As of January 1, 1999, Steen Schierbeck is registered as director of Tungsten Automation Development A/S.
Tungsten Automation Development A/S was founded on January 1, 1999.
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