CTS Denmark A/S: Financial statements 2023
CVR: 25954971
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 113,489,632 and a net result of DKK 28,844,296 compared with DKK 30,156,446 the year before. That is a decrease of 1.5% compared with the year before. Equity in the 2023 report amounted to DKK 67,587,980. The solvency ratio was 71.6%. The company had 101 employees in the financial year.
- Gross Profit
- DKK 113,489,632
- Profit/Loss
- DKK 28,844,296
- Equity
- DKK 67,587,980
- Total Assets
- DKK 94,370,927
- Employees
- 101
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 113.5 mio. | 28.8 mio. | 67.6 mio. | 101 |
| 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 |
Official annual report
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See the API documentationEvents in 2023
CTS Denmark A/S has published its annual report for 2022. Gross profit came to DKK 115,229,382, and the net result was DKK 30,156,446.
As of April 7, 2023, Scott Louis D'Angelo has joined the board of directors of CTS Denmark A/S.
As of April 7, 2023, William Michael Cahill has left the board of directors of CTS Denmark A/S.
As of April 7, 2023, Scott Louis D'Angelo is registered as director of CTS Denmark A/S.
As of April 7, 2023, William Michael Cahill 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.