SATCOM1 AIRTIME SERVICES ApS: Financial statements 2018
CVR: 35634541
Source: annual report 2018, Danish Business Authority
01/01/2018 – 31/12/2018
SATCOM1 AIRTIME SERVICES ApS (CVR 35634541) has filed annual accounts for 2018. In 2018, the company reported revenue of USD 25,485,185 and a net result of USD -3,114,730 compared with USD 1,890,830 the year before. That is an increase of 30.8% compared with the year before. The profit margin was -12.2%. Equity in the 2018 report amounted to USD 1,446,117. The solvency ratio was 2.8%.
- Revenue
- USD 25,485,185
- Gross Profit
- USD -4,533,936
- Profit/Loss
- USD -3,114,730
- Equity
- USD 1,446,117
- Total Assets
- USD 52,490,428
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2018 | 25.5 mio. USD | -4.5 mio. USD | -3.1 mio. USD | 1.4 mio. USD | - |
| 2017 | 19.5 mio. USD | 2.9 mio. USD | 1.9 mio. USD | 4.6 mio. USD | 0 |
| 2016 | 108.9 mio. | -5.2 mio. | -5.4 mio. | 19 mio. | - |
| 2015 | 154.5 mio. | - | 29.7 mio. | 24.4 mio. | - |
| 2014 | 54.6 mio. | 18.3 mio. | 9.7 mio. | 9.7 mio. | 8 |
Official annual report
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SATCOM1 AIRTIME SERVICES ApS has published its annual report for 2017. Revenue came to DKK 19,483,411, and the net result was DKK 1,890,830.
As of February 15, 2018, Vibeke Aagaard Nyberg has stepped down as director of SATCOM1 AIRTIME SERVICES ApS.
About SATCOM1 AIRTIME SERVICES ApS
SATCOM1 AIRTIME SERVICES ApS is a Danish company of the type Anpartsselskab based in Albertslund, founded in 2014. The company is registered under the industry Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation. The management consists of Shane Gerard Pounch and Thinus Svendsen. The company is owned by Honeywell International Sárl. According to the 2025 annual report, the company had an average of 4 employees. In 2025, the company reported revenue of USD 104,010,261 and a net result of USD 12,787,267 compared with USD -22,862,621 the year before. Equity in the 2025 report amounted to USD 10,249,137.