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Iridium Waterproof Communication Systems ApS

Private limited companyCVR 35845631AllerødActive

Iridium Waterproof Communication Systems ApS is a private limited company, based in Allerød, active in manufacture of communication equipment, founded in 2014. The company made a loss in both 2024 and 2025, most recently DKK 3m. Equity fell to DKK 3.2m in 2025. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 4.7m−46.1% vs. 2024
Net profit−DKK 3m−523.3% vs. 2024
EquityDKK 3.2m−48.3% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 46% (2024 → 2025), to DKK 4.7m.
  • The loss grew: from DKK 480k to DKK 3m (2024 → 2025).
  • Equity fell 48% (2024 → 2025), to DKK 3.2m.

Employees

  • 1 fewer employees than a year earlier: 10 (07/2026) against 11 (07/2025).

Management and owners, last 24 months

  • New in management: Lars Tvergaard Haagh (ceo, 31/01/2025) and Jesper Zacho Jacobsen (board member, 01/06/2026).
  • Stepped down: Allan Søby Feldt (ceo, 31/01/2025) and Allan Søby Feldt (board member, 31/01/2025).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Iridium Waterproof Communication Systems ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,3382,0262,9091,9558,7624,726−46.1%
Operating profit (EBIT)51437466−1,205−602−2,486−312.8%
Profit before tax40424459−1,216−614−2,614−325.8%
Net profit31329356−922−480−2,993−523.3%
Total assets2,8962,6003,2227,2117,8435,875−25.1%
Equity9161,2461,6024,6806,1993,206−48.3%
Liabilities1,9801,3551,6202,5311,6432,669+62.4%
Cash and cash equivalents1421551861,640567699+23.3%
Average number of employees34591311−15.4%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (40 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 48% from 2024 to 2025 (DKK 6.2m to DKK 3.2m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Iridium Waterproof Communication Systems ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202415/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202202/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/05/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

40 companies in the database

Comparison with the other companies in manufacture of communication equipment based on the latest financial year.

Gross profitDKK 4.7mNo. 23 of 39
Better than 42% of the companies in the industry
EquityDKK 3.2mNo. 24 of 40
Better than 41% of the companies in the industry
Number of employees10No. 18 of 40
Better than 56% of the companies in the industry

Industry median: gross profit DKK 7.9m, net profit DKK 541k, equity DKK 4.7m, 8 employees.

DKK 100kDKK 621kDKK 3.9mDKK 23.9mDKK 80.8mHere
Distribution of gross profit for 37 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 14,300of 69,742
Better than 79%
No. 18,591of 69,964
Better than 73%
Same industry and fewer than 20 employees27 companies in the comparison
No. 11of 27
Better than 62%
No. 12of 27
Better than 58%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 9,090of 33,588
Better than 73%
No. 8,097of 33,687
Better than 76%
All companies of type ApS66,508 companies in the comparison
No. 14,593of 66,379
Better than 78%
No. 15,178of 66,505
Better than 77%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of communication equipment
Gross profit
  1. Iridium Waterproof Communication Systems ApSDKK 4.7m
  2. Saab Danmark A/SDKK 148.6m
  3. Covidence A/SDKK 108.3m
Net profit
  1. Iridium Waterproof Communication Systems ApS−DKK 3m
  2. Saab Danmark A/S−DKK 42m
  3. Covidence A/SDKK 43.2m
Equity
  1. Iridium Waterproof Communication Systems ApSDKK 3.2m
  2. Saab Danmark A/SDKK 45.1m
  3. Covidence A/SDKK 77.6m
Employees
  1. Iridium Waterproof Communication Systems ApS10
  2. Saab Danmark A/S347
  3. Covidence A/S31

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Iridium Waterproof Communication Systems ApS

Management

6 active registrations

Executive management

Executive management at Iridium Waterproof Communication Systems ApS
NameRoleAppointed
Lars Tvergaard HaaghCEO31/01/2025

Board of directors

Board of directors at Iridium Waterproof Communication Systems ApS
NameRoleAppointed
Lars Tvergaard HaaghBoard member01/05/2014
Stig NielsenBoard member10/06/2019
Thomas Ibsgaard SvenningsenDeputy chair07/02/2024
Alan Houston BoydChair of the board07/02/2024
Jesper Zacho JacobsenBoard member01/06/2026
Founders
Thomas Ibsgaard Svenningsen, Lars Haagh ApS
Former management (6)
Former management at Iridium Waterproof Communication Systems ApS
NameRoleAppointedResigned
Thomas Ibsgaard SvenningsenChair of the board01/05/201406/02/2024
Lars Tvergaard HaaghCEO01/05/201407/08/2023
Tom DornovBoard member15/05/201710/06/2019
Alan Houston BoydBoard member10/06/201906/02/2024
Allan Søby FeldtCEO07/08/202331/01/2025
Allan Søby FeldtBoard member24/11/202331/01/2025

Signing rule: Selskabet tegnes af en direktør eller af 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Hejrevang 13
3450 Allerød

Allerød Municipality · Postcode 3450

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
IWCS ApSHejrevang 13, 3450 Allerød101030031985

Purpose

Selskabets formål er at drive virksomhed indenfor udvikling og produktion af, samt handel med vandtætte kommunikationsløsninger.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20262 changesaccounts 1 · management 1
  • Annual report for 2025 published
  • Jesper Zacho Jacobsen appointed board member
20254 changesaccounts 1 · management 3
  • Annual report for 2024 published
  • Lars Tvergaard Haagh appointed ceo
  • Allan Søby Feldt stepped down as board member
  • Allan Søby Feldt stepped down as ceo
20249 changescapital 1 · ownership 2 · accounts 1 · management 4 · address 1
  • Share capital changed from 62,866 DKK to 63,217 DKK
  • FELDT HOLDING ApS registered as owner (10%)
  • FELDT HOLDING ApS is no longer registered as owner
  • Annual report for 2023 published
  • Alan Houston Boyd appointed chair of the board
  • Thomas Ibsgaard Svenningsen appointed deputy chair
  • Alan Houston Boyd stepped down as board member
  • Thomas Ibsgaard Svenningsen stepped down as chair of the board
  • Moved to Hejrevang 13, 3450 Allerød
20238 changescapital 1 · management 3 · ownership 3 · accounts 1
  • Share capital changed from 55,556 DKK to 62,866 DKK
  • Allan Søby Feldt appointed board member
  • FELDT HOLDING ApS registered as owner (10%)
  • Thola Holding ApS registered as owner (66.67%)
  • Thola Holding ApS is no longer registered as owner
  • Allan Søby Feldt appointed ceo
  • Lars Tvergaard Haagh stepped down as ceo
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20197 changesmanagement 3 · ownership 4
  • Stig Nielsen appointed board member
  • Alan Houston Boyd appointed board member
  • Tom Dornov stepped down as board member
  • TITAN COMMUNICATION SYSTEMS ApS registered as owner (10%)
  • TITAN COMMUNICATION SYSTEMS ApS is no longer registered as owner
  • BRUNEMARKEN INVEST ApS registered as owner (5%)
  • TITAN COMMUNICATION SYSTEMS LIMITED is no longer registered as owner
20176 changesaddress 1 · capital 1 · management 1 · ownership 3
  • Moved to Porthusvej 7, 3490 Kvistgård
  • Share capital changed from 50,000 DKK to 55,556 DKK
  • Tom Dornov appointed board member
  • Thola Holding ApS registered as owner (90%)
  • TITAN COMMUNICATION SYSTEMS LIMITED registered as owner (10%)
  • Thola Holding ApS is no longer registered as owner
20163 changesownership 3
  • Thola Holding ApS registered as owner (100%)
  • Thomas Ibsgaard Svenningsen is no longer registered as owner
  • LARS HAAGH ApS is no longer registered as owner
20146 changesownership 2 · founded 1 · management 3
  • Thomas Ibsgaard Svenningsen registered as owner (50%)
  • LARS HAAGH ApS registered as owner (50%)
  • Registered as IRIDIUM WATERPROOF COMMUNICATION SYSTEMS ApS
  • Lars Tvergaard Haagh appointed board member
  • Lars Tvergaard Haagh appointed ceo
  • Thomas Ibsgaard Svenningsen appointed chair of the board

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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