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CTS Denmark A/S: Financial statements 2017

CVR: 25954971

Source: annual report 2017, Danish Business Authority

01/01/2017 – 31/12/2017

CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2017. In 2017, the company reported a gross profit of DKK 52,305,490 and a net result of DKK -9,971,428 compared with DKK 1,168,436 the year before. That is a decrease of 18.2% compared with the year before. Equity in the 2017 report amounted to DKK 41,309,571. The solvency ratio was 36.2%. The company had 94 employees in the financial year.

Gross Profit
DKK 52,305,490
Profit/Loss
DKK -9,971,428
Equity
DKK 41,309,571
Total Assets
DKK 114,051,725
Employees
94

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2017-52.3 mio.-10 mio.41.3 mio.94
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

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Events in 2017

Helge Björn Huerkamp joins the board of CTS Denmark A/SSep 30, 2017

As of September 30, 2017, Helge Björn Huerkamp has joined the board of directors of CTS Denmark A/S.

Shubhayu Chakraborty leaves the board of CTS Denmark A/SSep 30, 2017

As of September 30, 2017, Shubhayu Chakraborty has left the board of directors of CTS Denmark A/S.

CTS Denmark A/S: The 2016 annual report is outJun 26, 2017

CTS Denmark A/S has published its annual report for 2016. Gross profit came to DKK 63,943,485, and the net result was DKK 1,168,436.

Christopher Laurie Allen joins the board of CTS Denmark A/SMay 31, 2017

As of May 31, 2017, Christopher Laurie Allen has joined the board of directors of CTS Denmark A/S.

Shubhayu Chakraborty joins the board of CTS Denmark A/SMay 31, 2017

As of May 31, 2017, Shubhayu Chakraborty has joined the board of directors of CTS Denmark A/S.

Frank Andreas Jespersen leaves the board of CTS Denmark A/SMay 31, 2017

As of May 31, 2017, Frank Andreas Jespersen has left the board of directors of CTS Denmark A/S.

Annette Mary Oonagh Hobhouse leaves the board of CTS Denmark A/SMay 31, 2017

As of May 31, 2017, Annette Mary Oonagh Hobhouse has left the board of directors of CTS Denmark A/S.

Frank Andreas Jespersen joins CTS Denmark A/S as adm. dir.May 31, 2017

As of May 31, 2017, Frank Andreas Jespersen is registered as adm. dir. of CTS Denmark A/S.

Mickey Manillo Minor Nielsen joins CTS Denmark A/S as directorMay 31, 2017

As of May 31, 2017, Mickey Manillo Minor Nielsen is registered as director of CTS Denmark A/S.

Frank Andreas Jespersen steps down as director of CTS Denmark A/SMay 30, 2017

As of May 30, 2017, Frank Andreas Jespersen has stepped down as director 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