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rovsing a/s (ROV) Snapshot

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rovsing a/s (ROV) Details

Rovsing A/S provides satellite test systems and products, software solutions, independent software verification and validation services, and on-site engineering support services to institutional, defense, and commercial space markets worldwide. The company offers satellite check-out systems for complete satellite or satellite subsystem testing; on-board software solutions, such as command and control systems, user interfaces, and advanced monitoring systems; and ground support software solutions, as well as simulation and evaluation software solutions. It also provides independent software verification and validation services for the European unmanned cargo module ATV being used to bring goods to the International Space Station and docking with it automatically; and ground segment solutions, including ground station architectural/network design, software development, data archiving/operations and supply, and maintenance and support for operational centres. In addition, the company offers on-site engineering support services, such as software engineering, project management, quality assurance and configuration management, and system operation and maintenance, as well as assembly, integration and validation services. It serves European and the United States satellite contractors, European space agencies, and software and engineering companies. The company was formerly known as SSBV-Rovsing A/S and changed its name to Rovsing A/S in October 2016. Rovsing A/S was founded in 1992 and is headquartered in Skovlunde, Denmark.

24 Employees
Last Reported Date: 02/18/19
Founded in 1992

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rovsing a/s
Rovsing A/S Announces Interim Management Statement for the Third Quarter and Nine Months Ended March 31, 2019; Provides Earnings Guidance for the Fiscal Year of 2019

Rovsing A/S announced interim management statement for the third quarter and nine months ended March 31, 2019. In the third quarter of 2019 the company's revenue amounted to DKK 9.0 million, compared to DKK 8.3 million in the third quarter of 2018. In the first nine months of financial year 2019, the revenue amounted to DKK 19.9 million compared to DKK 19.9 million a year ago. The company expects revenue for 2019 is DKK 28 million to DKK 29 million. This is in line with the guided outlook with a revenue in the range of DKK 28 million to DKK 32 million.

Rovsing A/S Agrees with Formue Nord A/S to Repay the Outstanding Amount on the Convertible Credit Facility

Rovsing A/S has agreed with Formue Nord A/S to repay the outstanding amount on the convertible credit facility, which is currently DKK 2,625 million at course par (kurs 100). The repayment will be made 22 February 2019. The remaining credit facility of DKK 3,375 million continues on the exiting terms and is available for Rovsing if needed.

Rovsing A/S Reports Earnings Results for the First Half Year Ended December 31, 2018; Provides Earnings Guidance for Full Year Fiscal 2019

Rovsing A/S reported earnings results for the first half year ended December 31, 2018. For the period, the revenue amounted to DKK 11.0 million against DKK 11.6 million reported a year ago. Operating loss was DKK 1,506,000 against DKK 4,408,000 reported a year ago. Loss for the year was DKK 1,859,000 against DKK 5,148,000 reported a year ago. Basic earnings per share was nil against loss of DKK 0.01 reported a year ago. For the full year, the outlook is maintained, with a revenue in the range of DKK 28 million to DKK 32 million.


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