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Aarsleff Rail A/S

Public limited companyCVR 32282296Viby JActive

Aarsleff Rail A/S is a public limited company, based in Viby J, active in construction of railways and underground railways, founded in 2009. Net profit rose 56% from 2024 to 2025, ending at DKK 130.5m. Measured by gross profit, it ranks no. 1 of 21 companies in the industry in the database. Operations are spread over 5 production units in 5 towns.

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Key figures · financial year 2025

RevenueDKK 1.7bn−5.4% vs. 2024
Net profitDKK 130.5m+55.9% vs. 2024
EquityDKK 395m+18% vs. 2024
Employees831latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 35% (2024 → 2025), to DKK 237.1m.
  • Revenue fell 5% (2024 → 2025), to DKK 1.7bn.
  • Net profit rose 56% (2024 → 2025), to DKK 130.5m.
  • Equity rose 18% (2024 → 2025), to DKK 395m.

Employees

  • 16 fewer employees than a year earlier: 831 (07/2026) against 847 (07/2025).

Management and owners, last 24 months

  • New in management: Jeppe Risum Sørensen (board member, 27/01/2026).
  • Stepped down: Ástriður Elín Ásgeirsdóttir (board member, 27/01/2026).

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 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350mDKK 400m202020212022202320242025
EquityNet profit
Financial figures for Aarsleff Rail A/S
202020212022202320242025Change
Revenue996,5641,129,5261,488,3421,751,8181,822,2061,723,500−5.4%
Gross profit91,61394,522123,168213,701175,335237,125+35.2%
Operating profit (EBIT)53,86156,39961,963143,880106,400166,206+56.2%
Profit before tax53,40556,35060,751136,374108,557168,458+55.2%
Net profit41,25043,47246,772105,97783,715130,527+55.9%
Total assets592,102769,238748,620868,917944,2981,126,863+19.3%
Equity229,783233,048241,231301,163334,719395,038+18%
Liabilities325,363521,175458,430487,058543,928647,943+19.1%
Cash and cash equivalents32,31230,40616,6395,4263,98913,444+237%
Average number of employees571624655742794776−2.3%

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.

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

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
Gross profitMedian, the industry (21 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

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 Aarsleff Rail A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202529/01/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202411/02/2025The companyPDF not statedXBRL
202301/10/2022 – 30/09/202314/02/2024The companyPDF not statedXBRL
202201/10/2021 – 30/09/202206/02/2023The companyPDF not statedXBRL
202101/10/2020 – 30/09/202115/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202012/02/2021The 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
020040060080008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

21 companies in the database

Comparison with the other companies in construction of railways and underground railways based on the latest financial year.

Gross profitDKK 237.1mNo. 1 of 21
Better than 100% of the companies in the industry
EquityDKK 395mNo. 1 of 21
Better than 100% of the companies in the industry
Number of employees831No. 1 of 21
Better than 100% of the companies in the industry

Industry median: gross profit DKK 4.3m, net profit DKK 1.1m, equity DKK 2.5m, 6 employees.

DKK 1.1mDKK 4.2mDKK 16.2mDKK 61.9mDKK 151.6mHere
Distribution of gross profit for 20 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 500–999 employees207 companies in the comparison
No. 116of 189
Better than 39%
No. 82of 207
Better than 61%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 265of 24,791
Better than 99%
No. 461of 24,909
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 641of 17,786
Better than 96%
No. 868of 18,024
Better than 95%

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

Construction of railways and underground railways
Gross profit
  1. Aarsleff Rail A/SDKK 237.1m
  2. Swietelsky Rail Danmark ApSDKK 100.2m
  3. Nordic Maskin & Rail P/SDKK 92.5m
Net profit
  1. Aarsleff Rail A/SDKK 130.5m
  2. Swietelsky Rail Danmark ApSDKK 3.7m
  3. Nordic Maskin & Rail P/SDKK 43.7m
Equity
  1. Aarsleff Rail A/SDKK 395m
  2. Swietelsky Rail Danmark ApSDKK 57.6m
  3. Nordic Maskin & Rail P/SDKK 58.7m
Employees
  1. Aarsleff Rail A/S831
  2. Swietelsky Rail Danmark ApS88
  3. Nordic Maskin & Rail P/S73

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
Aarsleff Rail A/S

Management

4 active registrations

Executive management

Executive management at Aarsleff Rail A/S
NameRoleAppointed
Thomas MollerupCEO01/10/2011

Board of directors

Board of directors at Aarsleff Rail A/S
NameRoleAppointed
Mogens Vedel HestbækBoard member18/08/2015
Jesper Kristian JacobsenChair of the board01/10/2018
Jeppe Risum SørensenBoard member27/01/2026
Founders
Per Aarsleff Holding A/S, Petri & Haugsted A/S, Wicotec Kirkebjerg A/S
Former management (10)
Former management at Aarsleff Rail A/S
NameRoleAppointedResigned
Ebbe Malte IversenChair of the board19/06/200930/09/2018
Karlo RasmussenBoard member19/06/200901/10/2009
Bjørn Horne KrarupBoard member19/06/200901/04/2019
Frank Hedman ThomsenBoard member19/06/200901/10/2011
Frank Hedman ThomsenDirector19/06/200901/10/2011
Lars Stenholt LorentzenBoard member01/10/200903/11/2011
Hans Jørgen Sjelborg KrabbenhøftBoard member12/11/201323/09/2014
John SzygendaBoard member23/09/201418/08/2015
Palle Beck ThomsenBoard member09/06/201531/01/2023
Ástriður Elín ÁsgeirsdóttirBoard member31/01/202327/01/2026

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, tre bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

5 active production units

Hasselager Allé 5
8260 Viby J

Aarhus Municipality · Postcode 8260

Other companies at the address (2)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
AARSLEFF RAIL A/SHasselager Allé 5, 8260 Viby J3961015370293
Aarsleff Rail A/SEjby Industrivej 41, 2600 Glostrup3471018529951
AARSLEFF RAIL A/SHelseholmen 16, 2650 Hvidovre371032387086
Aarsleff Rail A/SNordager 31, 6000 Kolding101021830069
Aarsleff Rail A/SSkovlystvej 4, 8870 Langå81029874928

Purpose

Selskabets formål er at udføre jernbaneentreprenørvirksomhed samt al virksomhed, som efter bestyrelsens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

42 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Jeppe Risum Sørensen appointed board member
  • Ástriður Elín Ásgeirsdóttir stepped down as board member
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Ástriður Elín Ásgeirsdóttir appointed board member
  • Palle Beck Thomsen stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaddress 1 · accounts 1
  • Moved to Hasselager Allé 5, 8260 Viby J
  • Annual report for 2020 published
20194 changesmanagement 1 · ownership 3
  • Bjørn Horne Krarup stepped down as board member
  • Per Aarsleff Holding A/S registered as owner (100%)
  • WICOTEC KIRKEBJERG A/S is no longer registered as owner
  • Per Aarsleff Holding A/S is no longer registered as owner
20182 changesmanagement 2
  • Jesper Kristian Jacobsen appointed chair of the board
  • Ebbe Malte Iversen stepped down as chair of the board
20161 changeaddress 1
  • Moved to Hasselager Allé 5, 8260 Viby J
20153 changesmanagement 3
  • Mogens Vedel Hestbæk appointed board member
  • John Szygenda stepped down as board member
  • Palle Beck Thomsen appointed board member
20144 changesmanagement 2 · merger 1 · industry 1
  • John Szygenda appointed board member
  • Hans Jørgen Sjelborg Krabbenhøft stepped down as board member
  • Merger registered in CVR
  • Industry changed to Construction of railways and underground railways (421200)
20131 changemanagement 1
  • Hans Jørgen Sjelborg Krabbenhøft appointed board member
20121 changeownership 1
  • Per Aarsleff Holding A/S registered as owner (66.67%)
20114 changesmanagement 4
  • Lars Stenholt Lorentzen stepped down as board member
  • Thomas Mollerup appointed ceo
  • Frank Hedman Thomsen stepped down as director
  • Frank Hedman Thomsen stepped down as board member
200911 changesmanagement 7 · industry 1 · capital 1 · ownership 1 · founded 1
  • Lars Stenholt Lorentzen appointed board member
  • Karlo Rasmussen stepped down as board member
  • Industry changed to Anlæg af veje og jernbaner (421000)
  • Share capital changed from 8,661,913 DKK to 9,000,000 DKK
  • WICOTEC KIRKEBJERG A/S registered as owner (33.33%)
  • Registered as AARSLEFF RAIL A/S
  • Frank Hedman Thomsen appointed director
  • Ebbe Malte Iversen appointed chair of the board
  • Frank Hedman Thomsen appointed board member
  • Bjørn Horne Krarup appointed board member
  • Karlo Rasmussen appointed board member

Related companies

Same people in management

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 23/10/2026.

View in CVRReport a correction