Ahmad Saad ApS

Private limited companyCVR 34896577Odense CActive

Ahmad Saad ApS is a private limited company, based in Odense C, active in passenger transport on demand in vehicle with driver, founded in 2013. The company went from a profit in 2024 to a loss of DKK 124k in 2025. Equity fell to DKK 328k in 2025.

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Key figures · financial year 2025

Gross profitDKK 318k−53% vs. 2024
Net profit−DKK 124k−250.8% vs. 2024
EquityDKK 328k−27.4% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 53% (2024 → 2025), to DKK 318k.
  • Net profit went from a profit of DKK 82,085 to a loss of DKK 124k (2024 → 2025).
  • Equity fell 27% (2024 → 2025), to DKK 328k.

Employees

  • 1 more employees than a year earlier: 2 (12/2024) against 1 (12/2023).

Management and owners, last 24 months

  • New owners registered: Mahmoud Saad (04/03/2026) and Kenneth Carstensen (12/11/2025).
  • No longer registered as owner: Ahmad Saad (12/11/2025) and Kenneth Carstensen (09/04/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Passenger transport on demand in vehicle with driver (493300)

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 200k−DKK 100kDKK 0DKK 100kDKK 200kDKK 300kDKK 400kDKK 500k202020212022202320242025
EquityNet profit
Financial figures for Ahmad Saad ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit493594710520676318−53%
Operating profit (EBIT)361130286146158−89−156.2%
Profit before tax361122255111105−124−217.6%
Net profit279931998682−124−250.8%
Total assets2222954238481,030764−25.9%
Equity−885284370452328−27.4%
Liabilities230210140478578436−24.7%
Cash and cash equivalents040074−42.9%

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 100kDKK 200kDKK 300kDKK 400kDKK 500kDKK 600kDKK 700k202020212022202320242025
Gross profitMedian, the industry (1,096 companies)

Annual reports

6 financial years
Annual reports for Ahmad Saad ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202531/08/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/07/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202305/07/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202209/07/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202109/04/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202009/06/2021The companyPDF not statedXBRL

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
011223308/2109/2110/2111/2112/2101/2202/2203/2204/2205/2206/2207/2208/2209/2210/2211/2212/2201/2304/2305/2306/2307/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2410/2411/2412/24
Employees

Position in the industry

1,096 companies in the database

Comparison with the other companies in passenger transport on demand in vehicle with driver based on the latest financial year.

Gross profitDKK 318kNo. 883 of 1,095
Better than 19% of the companies in the industry
EquityDKK 328kNo. 155 of 1,096
Better than 86% of the companies in the industry
Number of employees2No. 283 of 1,096
Better than 74% of the companies in the industry

Industry median: gross profit DKK 627k, net profit DKK 25,707, equity DKK 106k, 2 employees.

DKK 100kDKK 645kDKK 4.2mDKK 26.8mDKK 93mHere
Distribution of gross profit for 1,060 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. 57,452of 69,742
Better than 18%
No. 46,475of 69,964
Better than 34%
Same industry and fewer than 20 employees1,074 companies in the comparison
No. 861of 1,073
Better than 20%
No. 136of 1,074
Better than 87%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 28,944of 33,588
Better than 14%
No. 22,062of 33,687
Better than 35%
All companies of type ApS66,508 companies in the comparison
No. 55,272of 66,379
Better than 17%
No. 42,416of 66,505
Better than 36%

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

Passenger transport on demand in vehicle with driver
Gross profit
  1. Ahmad Saad ApSDKK 318k
  2. Terndrup Taxa og Turistbusser A/SDKK 173m
  3. Midtbus Jylland A/SDKK 73.8m
Net profit
  1. Ahmad Saad ApS−DKK 124k
  2. Terndrup Taxa og Turistbusser A/SDKK 9.1m
  3. Midtbus Jylland A/SDKK 1.7m
Equity
  1. Ahmad Saad ApSDKK 328k
  2. Terndrup Taxa og Turistbusser A/SDKK 39.5m
  3. Midtbus Jylland A/SDKK 12.5m

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
  • Mahmoud Saad100%
Ahmad Saad ApS

Management

1 active registrations

Executive management

Executive management at Ahmad Saad ApS
NameRoleAppointed
Ahmad SaadDirector01/09/2019
Founders
Hemmer Holding ApS
Former management (1)
Former management at Ahmad Saad ApS
NameRoleAppointedResigned
Michael HemmerDirector02/01/201301/09/2019

Signing rule: Selskabet tegnes af én direktør eller af den samlede direktion

Address and production units

1 active production units

Fynsgade 6
5000 Odense C

Odense Municipality · Postcode 5000

Production units
Production unitAddressEmployeesP number
Ahmad Saad ApSFynsgade 6, 1. 5, 5000 Odense C21018161180

Purpose

Selskabets formål er at udøve servicevirksomhed og aktiviteter i tilknytning hertil

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20263 changesaccounts 1 · ownership 2
  • Annual report for 2025 published
  • Kenneth Carstensen is no longer registered as owner
  • Mahmoud Saad registered as owner (100%)
20254 changesownership 2 · accounts 1 · industry 1
  • Kenneth Carstensen registered as owner (5%)
  • Ahmad Saad is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Passenger transport on demand in vehicle with driver (493300)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaddress 1 · accounts 1
  • Moved to Fynsgade 6, 1. 5, 5000 Odense C
  • Annual report for 2020 published
20197 changesname 1 · address 1 · management 2 · ownership 2 · industry 1
  • Name changed from DST Leasing ApS to Ahmad Saad ApS
  • Moved to Bøgeparken 84, 4. tv, 5240 Odense NØ
  • Ahmad Saad appointed director
  • Michael Hemmer stepped down as director
  • Ahmad Saad registered as owner (100%)
  • Michael Hemmer is no longer registered as owner
  • Industry changed to Non-scheduled passenger road transport (493200)
20183 changesownership 3
  • Michael Hemmer registered as owner (100%)
  • HLJ INVESTMENT ApS is no longer registered as owner
  • HEMMER HOLDING ApS is no longer registered as owner
20164 changesownership 1 · industry 1 · name 1 · address 1
  • HLJ INVESTMENT ApS registered as owner (50%)
  • Industry changed to Detailhandel med personbiler, varebiler og minibusser (451120)
  • Name changed from DST - DANSK SIKKERHED OG TRANSPORT ApS to DST Leasing ApS
  • Moved to Møllekæret 2, Uggerslev, 5450 Otterup
20134 changesfounded 1 · management 1 · ownership 2
  • Registered as DST - DANSK SIKKERHED OG TRANSPORT ApS
  • Michael Hemmer appointed director
  • HEMMER HOLDING ApS registered as owner (100%)
  • Michael Hemmer is no longer registered as owner
20121 changeownership 1
  • Michael Hemmer registered as owner (100%)

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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.

View in CVRReport a correction