PROPELLANT SYSTEMS ApS: Financial statements 2020
CVR: 34081409
Source: annual report 2020, Danish Business Authority
01/07/2019 – 30/06/2020
PROPELLANT SYSTEMS ApS (CVR 34081409) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 10,734 and a net result of DKK 8,809 compared with DKK 105,024 the year before. That is a decrease of 91.5% compared with the year before. Equity in the 2020 report amounted to DKK 16,924. The solvency ratio was 4.8%.
- Gross Profit
- DKK 10,734
- Profit/Loss
- DKK 8,809
- Equity
- DKK 16,924
- Total Assets
- DKK 353,479
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 11 t. | 9 t. | 17 t. | - |
| 2019 | - | 127 t. | 105 t. | 8 t. | - |
| 2018 | - | 65 t. | 80 t. | 81 t. | - |
| 2017 | - | -28 t. | -29 t. | 965 | - |
| 2016 | - | -131 t. | -131 t. | 30 t. | - |
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PROPELLANT SYSTEMS ApS is a Danish company of the type Anpartsselskab based in København K, founded in 2011. The company is registered under the industry Computerprogrammering. The management consists of Jens-Bjørn Flodin. The company is owned by XO 360 ApS. According to the 2025 annual report, the company had an average of 0 employees. In 2025, the company reported a gross profit of DKK 23,249 and a net result of DKK 18,156 compared with DKK 220,923 the year before. Equity in the 2025 report amounted to DKK 518,505.