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CTS Denmark A/S: Financial statements 2016

CVR: 25954971

Source: annual report 2016, Danish Business Authority

01/01/2016 – 31/12/2016

CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2016. In 2016, the company reported a gross profit of DKK 63,943,485 and a net result of DKK 1,168,436 compared with DKK 15,218,553 the year before. That is a decrease of 17.2% compared with the year before. Equity in the 2016 report amounted to DKK 51,280,999. The solvency ratio was 43.3%. The company had 107 employees in the financial year.

Gross Profit
DKK 63,943,485
Profit/Loss
DKK 1,168,436
Equity
DKK 51,280,999
Total Assets
DKK 118,507,125
Employees
107

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2016-63.9 mio.1.2 mio.51.3 mio.107
2015-77.3 mio.15.2 mio.50.1 mio.71
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 2016

Frank Andreas Jespersen joins the board of CTS Denmark A/SOct 12, 2016

As of October 12, 2016, Frank Andreas Jespersen has joined the board of directors of CTS Denmark A/S.

Torsten Bove leaves the board of CTS Denmark A/SOct 12, 2016

As of October 12, 2016, Torsten Bove has left the board of directors of CTS Denmark A/S.

Frank Andreas Jespersen joins CTS Denmark A/S as directorOct 12, 2016

As of October 12, 2016, Frank Andreas Jespersen is registered as director of CTS Denmark A/S.

Torsten Bove steps down as adm. dir. of CTS Denmark A/SOct 12, 2016

As of October 12, 2016, Torsten Bove has stepped down as adm. dir. of CTS Denmark A/S.

CTS Denmark A/S: The 2015 annual report is outJun 16, 2016

CTS Denmark A/S has published its annual report for 2015. Gross profit came to DKK 77,255,756, and the net result was DKK 15,218,553.

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