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Speedcast Denmark A/S: Financial statements 2024

CVR: 32093779

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

Speedcast Denmark A/S (CVR 32093779) has filed annual accounts for 2024. In 2024, the company reported a gross profit of DKK 2,103,646 and a net result of DKK 2,175,687 compared with DKK -282,689 the year before. That is an increase of 93% compared with the year before. Equity in the 2024 report amounted to DKK 3,113,878. The solvency ratio was 29%. The company had 1 employee in the financial year.

Gross Profit
DKK 2,103,646
Profit/Loss
DKK 2,175,687
Equity
DKK 3,113,878
Total Assets
DKK 10,743,230
Employees
1

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024-2.1 mio.2.2 mio.3.1 mio.1
2023-1.1 mio.-283 t.938 t.1
2022-1.7 mio.940 t.1.2 mio.1
2021--15.8 mio.1.2 mio.280 t.1
2020-12.2 mio.-9.3 mio.-911 t.1

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Events in 2024

James Roger Trevelyan joins the board of Speedcast Denmark A/SNov 1, 2024

As of November 1, 2024, James Roger Trevelyan has joined the board of directors of Speedcast Denmark A/S.

Lee Scott Eckert leaves the board of Speedcast Denmark A/SNov 1, 2024

As of November 1, 2024, Lee Scott Eckert has left the board of directors of Speedcast Denmark A/S.

Speedcast Denmark A/S: The 2023 annual report is outAug 1, 2024

Speedcast Denmark A/S has published its annual report for 2023. Gross profit came to DKK 1,089,897, and the net result was DKK -282,689.

Stephen George Salem joins the board of Speedcast Denmark A/SApr 10, 2024

As of April 10, 2024, Stephen George Salem has joined the board of directors of Speedcast Denmark A/S.

Lee Scott Eckert joins the board of Speedcast Denmark A/SApr 10, 2024

As of April 10, 2024, Lee Scott Eckert has joined the board of directors of Speedcast Denmark A/S.

Dominic Thomas Edward Gyngell leaves the board of Speedcast Denmark A/SApr 10, 2024

As of April 10, 2024, Dominic Thomas Edward Gyngell has left the board of directors of Speedcast Denmark A/S.

Michael Steven Neugebauer leaves the board of Speedcast Denmark A/SApr 10, 2024

As of April 10, 2024, Michael Steven Neugebauer has left the board of directors of Speedcast Denmark A/S.

ULTISAT EUROPE A/S changes name to Speedcast Denmark A/SFeb 22, 2024

On February 22, 2024, the company changed its name from ULTISAT EUROPE A/S to Speedcast Denmark A/S.

About Speedcast Denmark A/S

Speedcast Denmark A/S is a Danish company of the type Aktieselskab based in København Ø, founded in 2009. The company is registered under the industry Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation. The company was previously named ULTISAT EUROPE A/S. The management consists of David Alan Ross. The board consists of Stephen George Salem (chair), David Alan Ross and James Roger Trevelyan. The company is owned by Speedcast US Holdco LLC. The company has 1 employee (2026). In 2025, the company reported a gross profit of DKK 1,779,824 and a net result of DKK -2,381,729 compared with DKK 2,175,687 the year before. Equity in the 2025 report amounted to DKK 732,150.

Source: annual report 2025, Danish Business Authority