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SATCOM1 AIRTIME SERVICES ApS: Financial statements 2024

CVR: 35634541

Source: annual report 2024, Danish Business Authority

01/01/2024 – 31/12/2024

SATCOM1 AIRTIME SERVICES ApS (CVR 35634541) has filed annual accounts for 2024. In 2024, the company reported revenue of USD 95,699,576 and a net result of USD -22,862,621 compared with USD 9,795,220 the year before. That is an increase of 9.4% compared with the year before. The profit margin was -23.9%. Equity in the 2024 report amounted to USD -2,538,131. The company had 4 employees in the financial year.

Revenue
USD 95,699,576
Gross Profit
USD 15,861,047
Profit/Loss
USD -22,862,621
Equity
USD -2,538,131
Total Assets
USD 30,593,442
Employees
4

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
202495.7 mio. USD15.9 mio. USD-22.9 mio. USD-2.5 mio. USD4
202387.5 mio. USD15.6 mio. USD9.8 mio. USD20.3 mio. USD4
202269.4 mio. USD7.9 mio. USD3.3 mio. USD10.5 mio. USD4
202149.7 mio. USD3.5 mio. USD792 t. USD7.2 mio. USD4
202037.2 mio. USD3.5 mio. USD1.4 mio. USD6.5 mio. USD4

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Events in 2024

SATCOM1 AIRTIME SERVICES ApS: The 2023 annual report is outAug 2, 2024

SATCOM1 AIRTIME SERVICES ApS has published its annual report for 2023. Revenue came to DKK 87,450,956, and the net result was DKK 9,795,220.

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.

Source: annual report 2025, Danish Business Authority