CTS Denmark A/S: Financial statements 2018
CVR: 25954971
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 74,061,042 and a net result of DKK 2,926,608 compared with DKK -9,971,428 the year before. That is an increase of 41.6% compared with the year before. Equity in the 2018 report amounted to DKK 44,236,179. The solvency ratio was 38.5%. The company had 104 employees in the financial year.
- Gross Profit
- DKK 74,061,042
- Profit/Loss
- DKK 2,926,608
- Equity
- DKK 44,236,179
- Total Assets
- DKK 114,978,165
- Employees
- 104
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | - | 74.1 mio. | 2.9 mio. | 44.2 mio. | 104 |
| 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 |
Official annual report
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CTS Denmark A/S has published its annual report for 2017. Gross profit came to DKK 52,305,490, and the net result was DKK -9,971,428.
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.