CTS Denmark A/S: Financial statements 2022
CVR: 25954971
Source: annual report 2022, Danish Business Authority
01/01/2022 – 31/12/2022
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2022. In 2022, the company reported a gross profit of DKK 115,229,382 and a net result of DKK 30,156,446 compared with DKK 21,382,352 the year before. That is an increase of 23.3% compared with the year before. Equity in the 2022 report amounted to DKK 83,643,684. The solvency ratio was 78.6%. The company had 99 employees in the financial year.
- Gross Profit
- DKK 115,229,382
- Profit/Loss
- DKK 30,156,446
- Equity
- DKK 83,643,684
- Total Assets
- DKK 106,483,599
- Employees
- 99
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2022 | - | 115.2 mio. | 30.2 mio. | 83.6 mio. | 99 |
| 2021 | - | 93.4 mio. | 21.4 mio. | 87.6 mio. | 91 |
| 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 |
Official annual report
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Set up monitoringEvents in 2022
As of November 9, 2022, A/S PSE 17 NR. 1056 has been appointed auditor of CTS Denmark A/S.
As of November 9, 2022, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of CTS Denmark A/S.
As of July 28, 2022, William Michael Cahill is registered as director of CTS Denmark A/S.
As of July 28, 2022, Frank Andreas Jespersen has stepped down as adm. dir. of CTS Denmark A/S.
As of July 28, 2022, Mickey Manillo Minor Nielsen has stepped down as director of CTS Denmark A/S.
As of June 30, 2022, William Michael Cahill has joined the board of directors of CTS Denmark A/S.
As of June 30, 2022, Jeffrey Charles Gulbranson has joined the board of directors of CTS Denmark A/S.
As of June 30, 2022, Andrew Jeffrey Warren has joined the board of directors of CTS Denmark A/S.
As of June 30, 2022, Marina Louise Thomas has left the board of directors of CTS Denmark A/S.
As of June 30, 2022, Helge Björn Huerkamp has left the board of directors 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.