Tungsten Automation Development A/S: Financial statements 2023
CVR: 21382086
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
Tungsten Automation Development A/S (CVR 21382086) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 14,776,584 and a net result of DKK 3,277,221 compared with DKK 3,828,329 the year before. That is an increase of 11.3% compared with the year before. Equity in the 2023 report amounted to DKK 61,544,455. The solvency ratio was 78.1%. The company had 13 employees in the financial year.
- Gross Profit
- DKK 14,776,584
- Profit/Loss
- DKK 3,277,221
- Equity
- DKK 61,544,455
- Total Assets
- DKK 78,783,604
- Employees
- 13
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 14.8 mio. | 3.3 mio. | 61.5 mio. | 13 |
| 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 |
Official annual report
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Tungsten Automation Development A/S has published its annual report for 2022. Gross profit came to DKK 13,274,168, and the net result was DKK 3,828,329.
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.