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COMPOSHIELD A/S: Financial statements 2020

CVR: 25540891

Source: annual report 2020, Danish Business Authority

01/01/202031/12/2020

COMPOSHIELD A/S (CVR 25540891) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 22,481,000 and a net result of DKK 11,960,000 compared with DKK 5,682,000 the year before. That is an increase of 41.3% compared with the year before. Equity in the 2020 report amounted to DKK 26,742,000. The solvency ratio was 62.8%. The company had 39 employees in the financial year.

Gross Profit
DKK 22,481,000
Profit/Loss
DKK 11,960,000
Equity
DKK 26,742,000
Total Assets
DKK 42,580,000
Employees
39

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-22.5 mio.12 mio.26.7 mio.39
2019-15.9 mio.5.7 mio.14.8 mio.41
2018-16.5 mio.6.7 mio.22.8 mio.43
2017-10.4 mio.2.5 mio.16.1 mio.24
201617.7 mio.-8.3 mio.13.6 mio.-

Official annual report

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Events in 2020

Terry Lee Ripich leaves the board of COMPOSHIELD A/SNov 25, 2020

As of November 25, 2020, Terry Lee Ripich has left the board of directors of COMPOSHIELD A/S.

Lisette Nørup joins the board of COMPOSHIELD A/SOct 15, 2020

As of October 15, 2020, Lisette Nørup has joined the board of directors of COMPOSHIELD A/S.

COMPOSHIELD HOLDING ApS registered as owner of COMPOSHIELD A/SAug 22, 2020

As of August 22, 2020, COMPOSHIELD HOLDING ApS is registered as an owner of COMPOSHIELD A/S with an ownership share of 100%.

Jan Espensen Stegmann leaves the board of COMPOSHIELD A/SJun 2, 2020

As of June 2, 2020, Jan Espensen Stegmann has left the board of directors of COMPOSHIELD A/S.

COMPOSHIELD A/S: The 2019 annual report is outMay 14, 2020

COMPOSHIELD A/S has published its annual report for 2019. Gross profit came to DKK 15,909,000, and the net result was DKK 5,682,000.

About COMPOSHIELD A/S

COMPOSHIELD A/S is a Danish company of the type Aktieselskab based in Hadsten, founded in 2000. The company is registered under the industry Fremstilling af militære kampkøretøjer. The company was previously named GIANTCODE PROTECTION A/S. The management consists of Michael Nørup. The board consists of Kenneth mark Ripich (chair), Claus Hedegaard Eriksen, Lisette Nørup and Michael Nørup. The company is owned by COMPOSHIELD HOLDING ApS. The company has 72 employees (2018). In 2025, the company reported a gross profit of DKK 21,222,000 and a net result of DKK 8,496,000 compared with DKK 2,199,000 the year before. Equity in the 2025 report amounted to DKK 11,218,000.

Source: annual report 2025, Danish Business Authority