TITAN COMMUNICATION SYSTEMS ApS: Financial statements 2020
CVR: 32887619
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
TITAN COMMUNICATION SYSTEMS ApS (CVR 32887619) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 2,667,597 and a net result of DKK 85,641 compared with DKK 110,247 the year before. That is an increase of 21.7% compared with the year before. Equity in the 2020 report amounted to DKK 1,492,221. The solvency ratio was 39%. The company had 5 employees in the financial year.
- Gross Profit
- DKK 2,667,597
- Profit/Loss
- DKK 85,641
- Equity
- DKK 1,492,221
- Total Assets
- DKK 3,822,591
- Employees
- 5
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 2.7 mio. | 86 t. | 1.5 mio. | 5 |
| 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. | - |
Official annual report
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TITAN COMMUNICATION SYSTEMS ApS has published its annual report for 2019. Gross profit came to DKK 2,192,010, and the net result was DKK 110,247.
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.