Tungsten Automation Development A/S: Financial statements 2017
CVR: 21382086
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 23,347,418 and a net result of DKK 11,804,624 compared with DKK 25,314,771 the year before. That is a decrease of 42.7% compared with the year before. Equity in the 2017 report amounted to DKK 25,039,989. The solvency ratio was 53.5%. The company had 13 employees in the financial year.
- Gross Profit
- DKK 23,347,418
- Profit/Loss
- DKK 11,804,624
- Equity
- DKK 25,039,989
- Total Assets
- DKK 46,829,247
- Employees
- 13
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | - | 23.3 mio. | 11.8 mio. | 25 mio. | 13 |
| 2016 | - | 40.7 mio. | 25.3 mio. | 13.2 mio. | 17 |
| 2014 | - | 18.4 mio. | 2.7 mio. | -28.2 mio. | - |
| 2013 | 7.8 mio. | 13.4 mio. | -2.9 mio. | -31.1 mio. | 20 |
Official annual report
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Set up monitoringEvents in 2017
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.
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.