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Tungsten Automation Development A/S: Financial statements 2022

CVR: 21382086

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 13,274,168 and a net result of DKK 3,828,329 compared with DKK 4,481,376 the year before. Equity in the 2022 report amounted to DKK 58,267,234. The solvency ratio was 80.3%. The company had 10 employees in the financial year.

Gross Profit
DKK 13,274,168
Profit/Loss
DKK 3,828,329
Equity
DKK 58,267,234
Total Assets
DKK 72,572,731
Employees
10

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022-13.3 mio.3.8 mio.58.3 mio.10
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

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Events in 2022

Tungsten Automation Development A/S: The 2021 annual report is outJun 30, 2022

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.

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.

Source: annual report 2025, Danish Business Authority