CTS Denmark A/S: Financial statements 2024
CVR: 25954971
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
CTS Denmark A/S (CVR 25954971) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 134,463,534 and a net result of DKK 48,872,890 compared with DKK 28,844,296 the year before. That is an increase of 18.5% compared with the year before. Equity in the 2024 report amounted to DKK 109,815,367. The solvency ratio was 75.5%. The company had 101 employees in the financial year.
- Gross Profit
- DKK 134,463,534
- Profit/Loss
- DKK 48,872,890
- Equity
- DKK 109,815,367
- Total Assets
- DKK 145,496,652
- Employees
- 101
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | - | 134.5 mio. | 48.9 mio. | 109.8 mio. | 101 |
| 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 |
Official annual report
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As of September 13, 2024, Scott Louis D'Angelo has joined the board of directors of CTS Denmark A/S.
As of September 13, 2024, Pratik Harendra Trivedi has joined the board of directors of CTS Denmark A/S.
As of September 13, 2024, Andrew Jeffrey Warren has left the board of directors of CTS Denmark A/S.
As of September 13, 2024, Pratik Harendra Trivedi is registered as director of CTS Denmark A/S.
As of September 13, 2024, Scott Louis D'Angelo has stepped down as director of CTS Denmark A/S.
As of September 12, 2024, Scott Louis D'Angelo has left the board of directors of CTS Denmark A/S.
CTS Denmark A/S has published its annual report for 2023. Gross profit came to DKK 113,489,632, and the net result was DKK 28,844,296.
On May 1, 2024, the company changed its name from Ferroperm Piezoceramics A/S to CTS Denmark A/S.
As of May 1, 2024, CTS Denmark Holding A/S is registered as an owner of CTS Denmark A/S with an ownership share of 100%.
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.