CTS Denmark A/S: Financial statements 2020
CVR: 25954971
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 89,467,527 and a net result of DKK 16,280,177 compared with DKK 21,185,886 the year before. That is a decrease of 12.4% compared with the year before. Equity in the 2020 report amounted to DKK 83,497,333. The solvency ratio was 62.2%. The company had 105 employees in the financial year.
- Gross Profit
- DKK 89,467,527
- Profit/Loss
- DKK 16,280,177
- Equity
- DKK 83,497,333
- Total Assets
- DKK 134,218,586
- Employees
- 105
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 89.5 mio. | 16.3 mio. | 83.5 mio. | 105 |
| 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 |
Official annual report
How creditworthy is CTS Denmark A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
CTS Denmark A/S has published its annual report for 2019. Gross profit came to DKK 102,152,356, and the net result was DKK 21,185,886.
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.