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Tungsten Automation Development A/S: Financial statements 2016

CVR: 21382086

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2016. In 2016, the company reported a gross profit of DKK 40,738,755 and a net result of DKK 25,314,771. Equity in the 2016 report amounted to DKK 13,235,345. The solvency ratio was 52.1%. The company had 17 employees in the financial year.

Gross Profit
DKK 40,738,755
Profit/Loss
DKK 25,314,771
Equity
DKK 13,235,345
Total Assets
DKK 25,392,364
Employees
17

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2016-40.7 mio.25.3 mio.13.2 mio.17
2014-18.4 mio.2.7 mio.-28.2 mio.-
20137.8 mio.13.4 mio.-2.9 mio.-31.1 mio.20

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Events in 2016

Martin Gustav Oberholzer joins the board of Tungsten Automation Development A/SMar 22, 2016

As of March 22, 2016, Martin Gustav Oberholzer has joined the board of directors of Tungsten Automation Development A/S.

James Robert Arnold leaves the board of Tungsten Automation Development A/SMar 22, 2016

As of March 22, 2016, James Robert Arnold has left the board of directors of Tungsten Automation Development A/S.

About Tungsten Automation Development A/S

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 board consists of Martin Gustav Oberholzer (chair), Christian Jörg Franz Hefner and Peter Lawrence. 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