SATCOM1 AIRTIME SERVICES ApS: Financial statements 2021
CVR: 35634541
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
SATCOM1 AIRTIME SERVICES ApS (CVR 35634541) has filed annual accounts for 2021. In 2021, the company reported revenue of USD 49,697,220 and a net result of USD 791,588 compared with USD 1,422,654 the year before. That is an increase of 33.6% compared with the year before. The profit margin was 1.6%. Equity in the 2021 report amounted to USD 7,243,604. The solvency ratio was 10.7%. The company had 4 employees in the financial year.
- Revenue
- USD 49,697,220
- Gross Profit
- USD 3,468,092
- Profit/Loss
- USD 791,588
- Equity
- USD 7,243,604
- Total Assets
- USD 67,921,422
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 49.7 mio. USD | 3.5 mio. USD | 792 t. USD | 7.2 mio. USD | 4 |
| 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 |
Official annual report
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SATCOM1 AIRTIME SERVICES ApS has published its annual report for 2020. Revenue came to DKK 37,193,928, and the net result was DKK 1,422,654.
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.