CTS Denmark A/S: Financial statements 2019
CVR: 25954971
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 102,152,356 and a net result of DKK 21,185,886 compared with DKK 2,926,608 the year before. That is an increase of 37.9% compared with the year before. Equity in the 2019 report amounted to DKK 65,422,065. The solvency ratio was 49.6%. The company had 113 employees in the financial year.
- Gross Profit
- DKK 102,152,356
- Profit/Loss
- DKK 21,185,886
- Equity
- DKK 65,422,065
- Total Assets
- DKK 131,909,535
- Employees
- 113
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 102.2 mio. | 21.2 mio. | 65.4 mio. | 113 |
| 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 |
Official annual report
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As of December 2, 2019, Paul Francois Marc Devaux has joined the board of directors of CTS Denmark A/S.
As of December 2, 2019, Christopher Laurie Allen has left the board of directors of CTS Denmark A/S.
CTS Denmark A/S has published its annual report for 2018. Gross profit came to DKK 74,061,042, and the net result was DKK 2,926,608.
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.