Tungsten Automation Development A/S: Financial statements 2021
CVR: 21382086
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 13,268,241 and a net result of DKK 4,481,376 compared with DKK 5,146,267 the year before. That is a decrease of 8.8% compared with the year before. Equity in the 2021 report amounted to DKK 54,438,905. The solvency ratio was 87.4%. The company had 11 employees in the financial year.
- Gross Profit
- DKK 13,268,241
- Profit/Loss
- DKK 4,481,376
- Equity
- DKK 54,438,905
- Total Assets
- DKK 62,283,899
- Employees
- 11
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | - | 13.3 mio. | 4.5 mio. | 54.4 mio. | 11 |
| 2020 | - | 14.5 mio. | 5.1 mio. | 50 mio. | 13 |
| 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 |
Official annual report
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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.
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.