TELCO ELECTRONICS A/S: Financial statements 2020
CVR: 87255816
Source: annual report 2020, Danish Business Authority
01/05/2019 – 30/04/2020
TELCO ELECTRONICS A/S (CVR 87255816) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 50,853,278 and a net result of DKK 14,493,031 compared with DKK 16,502,734 the year before. That is a decrease of 0.6% compared with the year before. Equity in the 2020 report amounted to DKK 47,414,886. The solvency ratio was 63%. The company had 79 employees in the financial year.
- Gross Profit
- DKK 50,853,278
- Profit/Loss
- DKK 14,493,031
- Equity
- DKK 47,414,886
- Total Assets
- DKK 75,240,043
- Employees
- 79
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 50.9 mio. | 14.5 mio. | 47.4 mio. | 79 |
| 2019 | - | 51.2 mio. | 16.5 mio. | 50.8 mio. | 80 |
| 2018 | - | 47.9 mio. | 13.6 mio. | 49.2 mio. | 81 |
| 2017 | - | 47 mio. | 14.4 mio. | 48.5 mio. | 76 |
| 2016 | - | 42.5 mio. | 12 mio. | 33.9 mio. | 71 |
Official annual report
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TELCO ELECTRONICS A/S is a Danish company of the type Aktieselskab based in Brovst, founded in 1979. The company is registered under the industry Fremstilling af elektroniske komponenter. The management consists of Mikael Larsen. The board consists of Steen Andreasen (chair), Lene Nilsson and Phillip Emanuel Jensen. The company is owned by TELCO A/S. The company has 82 employees (2018). In 2025, the company reported a gross profit of DKK 67,776,286 and a net result of DKK 19,348,131 compared with DKK 12,199,008 the year before. Equity in the 2025 report amounted to DKK 69,109,892.