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TWD Composites Denmark ApS

Private limited companyCVR 39492733KoldingActive

TWD Composites Denmark ApS is a private limited company, based in Kolding, active in engineering consultancy in production and mechanical engineering, founded in 2018. The company went from a profit in 2024 to a loss of DKK 7.7m in 2025. Equity fell to DKK 1.5m in 2025. Gross profit is higher than that of 88% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 23.2m−8.7% vs. 2024
Net profit−DKK 7.7m−638.4% vs. 2024
EquityDKK 1.5m−83.4% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 9% (2024 → 2025), to DKK 23.2m.
  • Net profit went from a profit of DKK 1.4m to a loss of DKK 7.7m (2024 → 2025).
  • Equity fell 83% (2024 → 2025), to DKK 1.5m.

Employees

  • 8 fewer employees than a year earlier: 2 (07/2026) against 10 (07/2025).

Management and owners, last 24 months

  • New in management: Brian Ernest Cejka (director, 20/07/2026).
  • Stepped down: William Eugene Siwek (director, 20/07/2026).

Registrations, last 24 months

  • 20/07/2026: Name changed from TPI Composites Denmark ApS to TWD Composites Denmark ApS
  • 01/01/2025: Industry changed to Engineering consultancy in production and mechanical engineering (711220)

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 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for TWD Composites Denmark ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit17,21121,03720,50019,83825,39323,180−8.7%
Operating profit (EBIT)6742,0402,1927603,102−9,616−410%
Profit before tax9881,4202,1281,4421,827−7,645−518.4%
Net profit7591,1051,6601,1221,424−7,666−638.4%
Total assets19,52522,07026,54532,26838,3556,964−81.8%
Equity3,8794,9846,6437,7659,1891,523−83.4%
Liabilities15,64617,08619,90224,50329,1675,440−81.3%
Cash and cash equivalents1,3021,0831,1162,0081,9531,346−31.1%
Average number of employees81922131315+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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (372 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 83% from 2024 to 2025 (DKK 9.2m to DKK 1.5m).

    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 TWD Composites Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/08/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202309/08/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/08/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/08/2022The companyPDFXBRL
202001/01/2020 – 31/12/202013/07/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

372 companies in the database

Comparison with the other companies in engineering consultancy in production and mechanical engineering based on the latest financial year.

Gross profitDKK 23.2mNo. 44 of 371
Better than 88% of the companies in the industry
EquityDKK 1.5mNo. 179 of 372
Better than 52% of the companies in the industry
Number of employees2No. 65 of 372
Better than 83% of the companies in the industry

Industry median: gross profit DKK 2.3m, net profit DKK 272k, equity DKK 1.3m, 2 employees.

DKK 100kDKK 2mDKK 39mDKK 770.4mDKK 5.6bnHere
Distribution of gross profit for 343 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. 1,217of 69,742
Better than 98%
No. 27,945of 69,964
Better than 60%
Same industry and fewer than 20 employees318 companies in the comparison
No. 9of 318
Better than 97%
No. 132of 318
Better than 59%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,721of 33,588
Better than 95%
No. 12,587of 33,687
Better than 63%
All companies of type ApS66,508 companies in the comparison
No. 2,032of 66,379
Better than 97%
No. 23,928of 66,505
Better than 64%

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

Engineering consultancy in production and mechanical engineering
Gross profit
  1. TWD Composites Denmark ApSDKK 23.2m
  2. Grundfos Holding A/SDKK 15.2bn
  3. NNE A/SDKK 681.3m
Net profit
  1. TWD Composites Denmark ApS−DKK 7.7m
  2. Grundfos Holding A/SDKK 2.8bn
  3. NNE A/SDKK 385.3m
Equity
  1. TWD Composites Denmark ApSDKK 1.5m
  2. Grundfos Holding A/SDKK 25.3bn
  3. NNE A/SDKK 670.3m
Employees
  1. TWD Composites Denmark ApS2
  2. Grundfos Holding A/S2,092
  3. NNE A/S1,783

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
  • TPI Holdings Switzerland GmbH100%
TWD Composites Denmark ApS

Management

1 active registrations

Executive management

Executive management at TWD Composites Denmark ApS
NameRoleAppointed
Brian Ernest CejkaDirector20/07/2026
Founders
ApS Kburs 17 Nr. 6919
Former management (2)
Former management at TWD Composites Denmark ApS
NameRoleAppointedResigned
Peter Andreas StakemannDirector17/04/201818/06/2018
William Eugene SiwekDirector18/06/201820/07/2026

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Birkemose Allé 37A
6000 Kolding

Kolding Municipality · Postcode 6000

Production units
Production unitAddressEmployeesP number
TWD Composites Denmark ApSBirkemose Allé 37A, Nr Bjert, 6000 Kolding21023529528

Purpose

Selskabets formål er at yde ingeniør- og teknisk support i forhold til kompositfabrikation samt al virksomhed som efter direktionens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

20 registered events
20264 changesaccounts 1 · name 1 · management 2
  • Annual report for 2025 published
  • Name changed from TPI Composites Denmark ApS to TWD Composites Denmark ApS
  • Brian Ernest Cejka appointed director
  • William Eugene Siwek stepped down as director
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Engineering consultancy in production and mechanical engineering (711220)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
201810 changesname 1 · address 1 · industry 1 · management 3 · ownership 3 · founded 1
  • Name changed from ApS STM nr. 6194 to TPI Composites Denmark ApS
  • Moved to Birkemose Allé 37A, Nr Bjert, 6000 Kolding
  • Industry changed to Engineering consultancy in production and mechanical engineering (711220)
  • William Eugene Siwek appointed director
  • Peter Andreas Stakemann stepped down as director
  • TPI Holdings Switzerland GmbH registered as owner (100%)
  • ApS KBURS 17 NR. 6919 is no longer registered as owner
  • Registered as ApS STM nr. 6194
  • Peter Andreas Stakemann appointed director
  • ApS KBURS 17 NR. 6919 registered as owner (100%)

Related companies

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction