TITAN COMMUNICATION SYSTEMS ApS: Financial statements 2019
CVR: 32887619
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
TITAN COMMUNICATION SYSTEMS ApS (CVR 32887619) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 2,192,010 and a net result of DKK 110,247 compared with DKK 1,038,043 the year before. That is a decrease of 30.9% compared with the year before. Equity in the 2019 report amounted to DKK 1,406,580. The solvency ratio was 35.5%. The company had 5 employees in the financial year.
- Gross Profit
- DKK 2,192,010
- Profit/Loss
- DKK 110,247
- Equity
- DKK 1,406,580
- Total Assets
- DKK 3,965,565
- Employees
- 5
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 2.2 mio. | 110 t. | 1.4 mio. | 5 |
| 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. | - |
Official annual report
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TITAN COMMUNICATION SYSTEMS ApS has published its annual report for 2018. Gross profit came to DKK 3,172,040, and the net result was DKK 1,038,043.
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.