SATCOM1 AIRTIME SERVICES ApS: Financial statements 2019
CVR: 35634541
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
SATCOM1 AIRTIME SERVICES ApS (CVR 35634541) has filed annual accounts for 2019. In 2019, the company reported revenue of USD 35,521,305 and a net result of USD 2,059,880 compared with USD -3,114,730 the year before. That is an increase of 39.4% compared with the year before. The profit margin was 5.8%. Equity in the 2019 report amounted to USD 5,029,362. The solvency ratio was 8.3%. The company had 7 employees in the financial year.
- Revenue
- USD 35,521,305
- Gross Profit
- USD 2,142,837
- Profit/Loss
- USD 2,059,880
- Equity
- USD 5,029,362
- Total Assets
- USD 60,561,023
- Employees
- 7
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 35.5 mio. USD | 2.1 mio. USD | 2.1 mio. USD | 5 mio. USD | 7 |
| 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. | - |
Official annual report
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As of December 20, 2019, Jackie Lund Nikolajsen has stepped down as director of SATCOM1 AIRTIME SERVICES ApS.
As of October 11, 2019, is registered as an owner of SATCOM1 AIRTIME SERVICES ApS with an ownership share of 100%.
SATCOM1 AIRTIME SERVICES ApS has published its annual report for 2018. Revenue came to DKK 25,485,185, and the net result was DKK -3,114,730.
As of May 15, 2019, Allan Reinert is registered as director of SATCOM1 AIRTIME SERVICES ApS.
As of May 15, 2019, Karina Bergstrøm Larsen 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.