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TITAN COMMUNICATION SYSTEMS ApS: Financial statements 2023

CVR: 32887619

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

TITAN COMMUNICATION SYSTEMS ApS (CVR 32887619) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 9,266,896 and a net result of DKK 2,354,561 compared with DKK 278,949 the year before. That is an increase of 34.2% compared with the year before. Equity in the 2023 report amounted to DKK 4,196,486. The solvency ratio was 49.5%. The company had 6 employees in the financial year.

Gross Profit
DKK 9,266,896
Profit/Loss
DKK 2,354,561
Equity
DKK 4,196,486
Total Assets
DKK 8,477,594
Employees
6

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-9.3 mio.2.4 mio.4.2 mio.6
2022-6.9 mio.279 t.1.8 mio.6
2021-2.4 mio.71 t.1.6 mio.5
2020-2.7 mio.86 t.1.5 mio.5
2019-2.2 mio.110 t.1.4 mio.5

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Events in 2023

TITAN COMMUNICATION SYSTEMS ApS: The 2022 annual report is outMay 15, 2023

TITAN COMMUNICATION SYSTEMS ApS has published its annual report for 2022. Gross profit came to DKK 6,907,367, and the net result was DKK 278,949.

About TITAN COMMUNICATION SYSTEMS ApS

TITAN COMMUNICATION SYSTEMS ApS is a Danish company of the type Anpartsselskab based in Gentofte, 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.

Source: annual report 2025, Danish Business Authority