SATCOM1 AIRTIME SERVICES ApS: Financial statements 2020
CVR: 35634541
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
SATCOM1 AIRTIME SERVICES ApS (CVR 35634541) has filed annual accounts for 2020. In 2020, the company reported revenue of USD 37,193,928 and a net result of USD 1,422,654 compared with USD 2,059,880 the year before. That is an increase of 4.7% compared with the year before. The profit margin was 3.8%. Equity in the 2020 report amounted to USD 6,452,016. The solvency ratio was 10.1%. The company had 4 employees in the financial year.
- Revenue
- USD 37,193,928
- Gross Profit
- USD 3,478,656
- Profit/Loss
- USD 1,422,654
- Equity
- USD 6,452,016
- Total Assets
- USD 63,671,334
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 37.2 mio. USD | 3.5 mio. USD | 1.4 mio. USD | 6.5 mio. USD | 4 |
| 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. | - |
Official annual report
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SATCOM1 AIRTIME SERVICES ApS has published its annual report for 2019. Revenue came to DKK 35,521,305, and the net result was DKK 2,059,880.
As of February 7, 2020, Thinus Svendsen is registered as director of SATCOM1 AIRTIME SERVICES ApS.
As of February 7, 2020, Allan Reinert 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.