Titan Wind Operational Support Europe ApS
Private limited companyCVR 38441337VardeActive
Titan Wind Operational Support Europe ApS is a private limited company, based in Varde, active in manufacture of metal structures and parts of structures, founded in 2017. Equity was negative at the end of 2025 (−DKK 9.4m). The company went from a profit in 2024 to a loss of DKK 12.6m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 41% (2024 → 2025), to DKK 12.9m.
- Net profit went from a profit of DKK 952k to a loss of DKK 12.6m (2024 → 2025).
- Equity turned negative: −DKK 9.4m (2024 → 2025).
Employees
- 6 fewer employees than a year earlier: 32 (07/2026) against 38 (07/2025).
Management and owners, last 24 months
- New in management: Henrik Victor Hansen (ceo, 01/01/2025).
- Stepped down: Danni Tang Nielsen (ceo, 01/01/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of metal structures and parts of structures (251100)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 5,244 | 11,372 | 9,492 | 12,115 | 21,821 | 12,875 | −41% |
| Operating profit (EBIT) | −1,794 | 853 | −726 | −299 | 1,326 | −11,403 | −960.1% |
| Profit before tax | −1,960 | 700 | −823 | −356 | 952 | −12,567 | −1,420.5% |
| Net profit | −2,666 | 700 | −823 | 150 | 952 | −12,567 | −1,420.5% |
| Total assets | 10,348 | 9,943 | 14,824 | 17,471 | 68,228 | 24,525 | −64.1% |
| Equity | −4,778 | 2,922 | 2,099 | 2,249 | 3,201 | −9,366 | −392.6% |
| Liabilities | 15,125 | 7,021 | 12,724 | 15,221 | 65,027 | 33,891 | −47.9% |
| Cash and cash equivalents | 3,279 | 1,725 | 2,098 | 4,732 | 4,698 | 862 | −81.7% |
| Average number of employees | 16 | 21 | 18 | 23 | 31 | 36 | +16.1% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 9.4m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 07/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 12/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 10/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 22/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
288 companies in the databaseComparison with the other companies in manufacture of metal structures and parts of structures based on the latest financial year.
Industry median: gross profit DKK 8.5m, net profit DKK 578k, equity DKK 3.6m, 13 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 4,784of 9,892 Better than 52% | No. 9,781of 9,922 Better than 1% |
| Same industry and 20–49 employees75 companies in the comparison | No. 62of 75 Better than 18% | No. 75of 75 Better than 0% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 3,320of 33,588 Better than 90% | No. 33,339of 33,687 Better than 1% |
| All companies of type ApS66,508 companies in the comparison | No. 4,397of 66,379 Better than 93% | No. 66,097of 66,505 Better than 1% |
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 metal structures and parts of structures- Titan Wind Operational Support Europe ApSDKK 12.9m
- Welcon A/SDKK 570.4m
- Csk Stålindustri A/SDKK 435.2m
- Titan Wind Operational Support Europe ApS−DKK 12.6m
- Welcon A/SDKK 87.7m
- Csk Stålindustri A/SDKK 205.6m
- Titan Wind Operational Support Europe ApS−DKK 9.4m
- Welcon A/SDKK 274.6m
- Csk Stålindustri A/SDKK 365.3m
- Titan Wind Operational Support Europe ApS32
- Welcon A/S830
- Csk Stålindustri A/S296
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Henrik Victor Hansen | CEO | 01/01/2025 |
- Founders
- Titan Wind Energy (europe) A/S
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Michael Buus Nielsen | Director | 10/02/2017 | 30/06/2024 |
| Danni Tang Nielsen | CEO | 01/07/2024 | 01/01/2025 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede direktion.
Address and production units
2 active production unitsEngdraget 20
6800 Varde
Varde Municipality · Postcode 6800
Other companies at the address (2)
- EKU, E-Learning Kompetence Udvikling ApSOther education n.e.c.
- Titan Wind Energy (europe) A/SActivities of non-financial head offices
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Titan Wind Operational Support Europe ApS | Engdraget 20, 6800 Varde | 20 | 1022216313 |
| Titan Wind Operational Support Europe ApS | Veldbæk Industrivej 1, 6705 Esbjerg Ø | 2 | 1026462831 |
Purpose
Selskabets formål er at udøve driftsteknisk support samt anden virksomhed, der efter direktionens skøn er forbundet dermed.
The purpose is quoted from the register in Danish.
Changes year by year
14 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20254 changesaccounts 1 · industry 1 · management 2
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of metal structures and parts of structures (251100)
- ManagementHenrik Victor Hansen appointed ceo
- ManagementDanni Tang Nielsen stepped down as ceo
20243 changesaccounts 1 · management 2
- AccountsAnnual report for 2023 published
- ManagementDanni Tang Nielsen appointed ceo
- ManagementMichael Buus Nielsen stepped down as director
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20173 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Titan Wind Operational Support Europe ApS
- ManagementMichael Buus Nielsen appointed director
- OwnershipTITAN WIND ENERGY (EUROPE) A/S registered as owner (100%)
Related companies
Same industry in Varde
- Vestjysk Rustfri Montage ApS61 employees
- Pipetek A/S11 employees
- Lauri Kristiansen ApS3 employees
Same people in management
- R&D Test Systems ApSvia Michael Buus Nielsen
- Titan Wind Energy (europe) A/Svia Michael Buus Nielsen
- MTS Systems Danmark ApSvia Michael Buus Nielsen
Largest in the industry
- Welcon A/SDKK 570.4m
- Csk Stålindustri A/SDKK 435.2m
- SM Industries A/SDKK 238.8m
- CS WIND Offshore A/SDKK 224.7m
- DS Stålkonstruktion A/SDKK 177.8m
- Subc Partner A/SDKK 169.4m
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.