TITAN COMMUNICATION SYSTEMS ApS: Financial statements 2018
CVR: 32887619
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
TITAN COMMUNICATION SYSTEMS ApS (CVR 32887619) has filed annual accounts for 2018. In 2018, the company reported a gross profit of DKK 3,172,040 and a net result of DKK 1,038,043 compared with DKK 62,732 the year before. That is an increase of 124.1% compared with the year before. Equity in the 2018 report amounted to DKK 1,296,333. The solvency ratio was 40%. The company had 4 employees in the financial year.
- Gross Profit
- DKK 3,172,040
- Profit/Loss
- DKK 1,038,043
- Equity
- DKK 1,296,333
- Total Assets
- DKK 3,243,888
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | - | 3.2 mio. | 1 mio. | 1.3 mio. | 4 |
| 2017 | - | 1.4 mio. | 63 t. | 258 t. | 4 |
| 2016 | - | 1.2 mio. | 97 t. | 196 t. | - |
| 2015 | - | 886 t. | -126 t. | 95 t. | - |
| 2014 | - | 1.1 mio. | 76 t. | 220 t. | - |
Official annual report
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TITAN COMMUNICATION SYSTEMS ApS has published its annual report for 2017. Gross profit came to DKK 1,415,501, and the net result was DKK 62,732.
About TITAN COMMUNICATION SYSTEMS ApS
TITAN COMMUNICATION SYSTEMS ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2010. The company is registered under the industry Engroshandel med informations- og kommunikationsudstyr. The company was previously named HERSKIND+HERSKIND ApS. The management consists of Tom Dornov. The company is owned by Strømmen Holding ApS and Titan Communication Systems Limited. The company has 10 employees (2026). In 2025, the company reported a gross profit of DKK 5,634,856 and a net result of DKK 455,217 compared with DKK 2,075,650 the year before. Equity in the 2025 report amounted to DKK 4,427,353.