Tungsten Automation Development A/S: Financial statements 2019
CVR: 21382086
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 23,288,720 and a net result of DKK 9,713,527 compared with DKK 10,057,746 the year before. That is an increase of 15.5% compared with the year before. Equity in the 2019 report amounted to DKK 44,811,261. The solvency ratio was 82.8%. The company had 14 employees in the financial year.
- Gross Profit
- DKK 23,288,720
- Profit/Loss
- DKK 9,713,527
- Equity
- DKK 44,811,261
- Total Assets
- DKK 54,134,483
- Employees
- 14
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 23.3 mio. | 9.7 mio. | 44.8 mio. | 14 |
| 2018 | - | 20.2 mio. | 10.1 mio. | 35.1 mio. | 13 |
| 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. | - |
Official annual report
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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.
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 10 employees (2026). 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.