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CTS Denmark A/S: Financial statements 2014

CVR: 25954971

Source: annual report 2014, Danish Business Authority

01/01/2014 – 31/12/2014

CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2014. In 2014, the company reported a gross profit of DKK 41,865,332 and a net result of DKK -6,938,916 compared with DKK -2,070,705 the year before. That is an increase of 22.9% compared with the year before. Equity in the 2014 report amounted to DKK 36,781,708. The solvency ratio was 38.1%. The company had 67 employees in the financial year.

Gross Profit
DKK 41,865,332
Profit/Loss
DKK -6,938,916
Equity
DKK 36,781,708
Total Assets
DKK 96,559,900
Employees
67

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2014-41.9 mio.-6.9 mio.36.8 mio.67
2013-34.1 mio.-2.1 mio.12.3 mio.55
2012-35.5 mio.2 mio.14.4 mio.-

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Events in 2014

CTS Denmark A/S: The 2013 annual report is outJun 12, 2014

CTS Denmark A/S has published its annual report for 2013. Gross profit came to DKK 34,058,815, and the net result was DKK -2,070,705.

Marina Louise Thomas joins the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Marina Louise Thomas has joined the board of directors of CTS Denmark A/S.

Ian Keith Pargeter joins the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Ian Keith Pargeter has joined the board of directors of CTS Denmark A/S.

Peter Huber joins the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Peter Huber has joined the board of directors of CTS Denmark A/S.

Philip Ernest Green leaves the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Philip Ernest Green has left the board of directors of CTS Denmark A/S.

Stephen Gareth Young leaves the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Stephen Gareth Young has left the board of directors of CTS Denmark A/S.

Mark Lees Young leaves the board of CTS Denmark A/SMar 18, 2014

As of March 18, 2014, Mark Lees Young has left the board of directors of CTS Denmark A/S.

About CTS Denmark A/S

CTS Denmark A/S is a Danish company of the type Aktieselskab based in Kvistgård, founded in 2001. The company is registered under the industry Fremstilling af elektroniske komponenter. The company was previously named Ferroperm Piezoceramics A/S and MEGGITT A/S. The management consists of Pratik Harendra Trivedi. The board consists of Sheri Drucker Davis (chair), Pratik Harendra Trivedi and Rex Shaochih Chang. The company is owned by CTS Denmark Holding A/S. The company has 153 employees (2026). In 2025, the company reported a gross profit of DKK 187,838,759 and a net result of DKK 75,682,669 compared with DKK 48,872,890 the year before. Equity in the 2025 report amounted to DKK 136,195,212.

Source: annual report 2025, Danish Business Authority