SATCOM1 AIRTIME SERVICES ApS
Core data
Name | SATCOM1 AIRTIME SERVICES ApS |
Address | Stensmosevej 15 st, 2620, Albertslund |
Founded | Jan 9, 2014 |
| 5 / 5 | |
Locations (P-units) | 1View locations |
Branch | Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation (611000) |
Name | SATCOM1 AIRTIME SERVICES ApS |
Address | Stensmosevej 15 st, 2620, Albertslund |
Founded | Jan 9, 2014 |
| 5 / 5 | |
Locations (P-units) | 1View locations |
Branch | Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation (611000) |
Keep track of SATCOM1 AIRTIME SERVICES ApS
Description
SATCOM1 AIRTIME SERVICES ApS provides airtime and advanced connectivity services and solutions to the global general aviation market, including corporate, private and governmental aircraft. It is a Danish private limited company with 5 employees and is directly owned by Honeywell International Sárl in Switzerland.
Company's own description on virk.dk
The company provides airtime and advanced connectivity services and solutions to the global GeneralAviation market, that is for non-scheduled aviation such as Corporate, Business, Private, as well ascertain governmental VIP and transport aircrafts.
Analysis by AI ✨
The 2025 accounts show higher revenue and a sharp shift from loss to profit: revenue rose from USD 95.7 million in 2024 to USD 104 million in 2025, while the annual result moved from USD -22.9 million to USD 12.8 million. Equity also moved from USD -2.5 million to USD 10.2 million.
The workforce increased from 4 employees in July 2026 to 5 in August 2026.
Since 11 October 2019, Honeywell International Sárl of Switzerland has owned 100% of the company. Before that, SATCOM1 ApS owned it from 10 January 2014 to 11 October 2019; Honeywell International Sarl owned SATCOM1 ApS from 9 December 2015 to 11 October 2019.
AI-generated texts are based on registered information, which may be delayed or incomplete. Errors may occur.
Financials
| Reporting period | 2025USD | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 104,010,261 | |||||||||||
| Gross profit | 17,238,618 | |||||||||||
| Operating profit | 16,284,124 | |||||||||||
| Profit before tax | 17,813,498 | |||||||||||
| Net income | 12,787,267 | |||||||||||
| Total assets | 35,110,618 | |||||||||||
| Equity | 10,249,137 | |||||||||||
| Avg. employees | 4 | |||||||||||
2014–2025 Unlock financial history | ||||||||||||
Datapublica Risk Score
What goes into the assessment
Financials
Equity ratio, profitability, and liquidity
Accounts and history
Late filings and previous financial distress
Owners and management
Past bankruptcies and owners’ other companies
Company and connections
Age, industry, and shared addresses or contact details
Standard: Score and risk bandPro: Also a detailed explanation of the factors
Gazelle
2025Børsen Gazelle
2024Børsen GazelleCandidate 2027 — one financial year missing
Revenue must be at least 174,901,912 DKK in the financial year ending Dec 31, 2026.
Børsen Gazelle is Dagbladet Børsen's award. Datapublica is not affiliated with Børsen. Calculated statuses are Datapublica's own analysis of public CVR financial-statement data.
People
| Person | Roles | Titles |
|---|---|---|
| Thinus Svendsen | Roles Management | TitlesDIREKTØR |
Auditor
| Audit firm | Auditor | Role | From |
|---|---|---|---|
| Deloitte Statsautoriseret Revisionspartnerselskab | AuditorNielsFrølandJohansen | RoleStateAuthorisedPublicAccountant | FromJul 6, 2026 |
| DeloitteStatsautoriseretRevisionspartnerselskab | AuditorLarsAndersen | RoleStateAuthorisedPublicAccountant | FromJul 6, 2026 |
Legal owners
| Owner | Ownership | Voting rights | From |
|---|---|---|---|
Unknown Other Participant | Ownership100 % | Voting rights100 % | FromOct 11, 2019 |
Ultimate owners
| Name | Ownership through | Calculated ownership |
|---|---|---|
| 🇨🇭Honeywell International Sárl | Ownership through Direct | 100 % |