Bel Air Aviation A/S
Public limited companyCVR 29143307Esbjerg ØActive
Bel Air Aviation A/S is a public limited company, based in Esbjerg Ø, active in charter and taxi air passenger transport, founded in 2005. Net profit fell 37% from 2024 to 2025, ending at DKK 14.2m. Measured by gross profit, it ranks no. 4 of 28 companies in the industry in the database. With 61 employees, the company is about 8 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 5% (2024 → 2025), to DKK 81.9m.
- Net profit fell 37% (2024 → 2025), to DKK 14.2m.
- Equity fell 32% (2024 → 2025), to DKK 33.8m.
Employees
- 5 fewer employees than a year earlier: 61 (08/2026) against 66 (08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Charter and taxi air passenger transport (511020)
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 | 25,687 | 31,803 | 43,204 | 77,182 | 86,015 | 81,934 | −4.7% |
| Operating profit (EBIT) | −3,194 | 1,943 | 8,153 | 23,960 | 27,208 | 17,756 | −34.7% |
| Profit before tax | −3,217 | 2,134 | 7,365 | 23,918 | 29,271 | 18,254 | −37.6% |
| Net profit | −2,538 | 1,660 | 6,245 | 18,637 | 22,711 | 14,201 | −37.5% |
| Total assets | 76,337 | 77,617 | 78,865 | 105,120 | 135,818 | 90,131 | −33.6% |
| Equity | 30,330 | 31,990 | 38,235 | 51,872 | 49,583 | 33,784 | −31.9% |
| Liabilities | 35,007 | 37,113 | 29,544 | 42,029 | 72,559 | 42,671 | −41.2% |
| Cash and cash equivalents | 10,871 | 373 | 204 | 391 | 1,576 | 471 | −70.1% |
| Average number of employees | 33 | 28 | 43 | 59 | 74 | 77 | +4.1% |
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 figuresEquity fell sharply
Equity fell 32% from 2024 to 2025 (DKK 49.6m to DKK 33.8m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 04/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 15/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 02/07/2021 | 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
28 companies in the databaseComparison with the other companies in charter and taxi air passenger transport based on the latest financial year.
Industry median: gross profit DKK 14.7m, net profit DKK 19,373, equity DKK 7.5m, 8 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 923of 4,412 Better than 79% | No. 1,622of 4,466 Better than 64% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 871of 24,791 Better than 96% | No. 3,111of 24,909 Better than 88% |
| All companies of type A/S18,025 companies in the comparison | No. 1,880of 17,786 Better than 89% | No. 4,590of 18,024 Better than 75% |
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
Charter and taxi air passenger transport- Bel Air Aviation A/SDKK 81.9m
- Sunclass Airlines ApSDKK 884.9m
- Air Alsie A/SDKK 149.4m
- Bel Air Aviation A/SDKK 14.2m
- Sunclass Airlines ApSDKK 110.2m
- Air Alsie A/SDKK 7m
- Bel Air Aviation A/SDKK 33.8m
- Sunclass Airlines ApS−DKK 516.2m
- Air Alsie A/SDKK 72m
- Bel Air Aviation A/S61
- Sunclass Airlines ApS398
- Air Alsie A/S210
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- HFH Group A/S100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Susanne Hessellund | Director | 17/10/2005 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Susanne Hessellund | Board member | 25/09/2007 |
| Jan Godballe Børjesson | Chair of the board | 31/05/2013 |
| Dennis Vad Lauridsen | Board member | 18/08/2021 |
- Founders
- Danholding ApS
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Bjarne Lastein | Board member | 17/10/2005 | 21/02/2012 |
| Bjarne Lastein | Director | 17/10/2005 | 18/07/2007 |
| Bente Hessellund Jepsen | Board member | 17/10/2005 | 18/07/2007 |
| Hans Christian Dahlerup Koch | Board member | 02/04/2008 | 12/04/2011 |
| Flemming Nyenstad Enevoldsen | Chair of the board | 10/06/2009 | 18/05/2010 |
| Bjarne Hansen | Chair of the board | 18/05/2010 | 31/05/2013 |
| Jan Rahbech | Board member | 19/10/2010 | 31/05/2013 |
| Lars Bruvoll | Board member | 03/10/2012 | 31/01/2018 |
| Gert Kristiansen | Board member | 31/05/2013 | 20/05/2022 |
| Tommy Gundelund Jespersen | Board member | 31/10/2016 | 18/09/2020 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsVestre Lufthavnsvej 54
6705 Esbjerg Ø
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BEL AIR AVIATION A/S | Vestre Lufthavnsvej 54, 6705 Esbjerg Ø | 61 | 1011762820 |
Purpose
Selskabets formål er drive luftfartsvirksomhed, herunder helikopter og flyvemaskineflyvning, - booking- og brokervirksomhed (kommissionssalg), -import og eksport af luftfartstilbehør og udstyr samt luftfartskonsulentvirksomhed, 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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Charter and taxi air passenger transport (511020)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementGert Kristiansen stepped down as board member
20212 changesmanagement 1 · accounts 1
- ManagementDennis Vad Lauridsen appointed board member
- AccountsAnnual report for 2020 published
20201 changemanagement 1
- ManagementTommy Gundelund Jespersen stepped down as board member
20181 changemanagement 1
- ManagementLars Bruvoll stepped down as board member
20161 changemanagement 1
- ManagementTommy Gundelund Jespersen appointed board member
20142 changesaddress 2
- AddressMoved to Vestre Lufthavnsvej 54, 6705 Esbjerg Ø
- AddressMoved to John Tranums Vej 28, 6705 Esbjerg Ø
20134 changesmanagement 4
- ManagementGert Kristiansen appointed board member
- ManagementJan Godballe Børjesson appointed chair of the board
- ManagementJan Rahbech stepped down as board member
- ManagementBjarne Hansen stepped down as chair of the board
20122 changesmanagement 2
- ManagementLars Bruvoll appointed board member
- ManagementBjarne Lastein stepped down as board member
20111 changemanagement 1
- ManagementHans Christian Dahlerup Koch stepped down as board member
20103 changesmanagement 3
- ManagementJan Rahbech appointed board member
- ManagementBjarne Hansen appointed chair of the board
- ManagementFlemming Nyenstad Enevoldsen stepped down as chair of the board
20091 changemanagement 1
- ManagementFlemming Nyenstad Enevoldsen appointed chair of the board
20083 changescapital 1 · management 1 · industry 1
- CapitalShare capital changed from 600,000 DKK to 650,000 DKK
- ManagementHans Christian Dahlerup Koch appointed board member
- IndustryIndustry changed to Charter and taxi air passenger transport (511020)
20077 changescapital 2 · management 3 · name 1 · address 1
- CapitalShare capital changed from 500,000 DKK to 600,000 DKK
- ManagementSusanne Hessellund appointed board member
- NameName changed from BEL AIR HELICOPTERS ApS to BEL AIR AVIATION A/S
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementBente Hessellund Jepsen stepped down as board member
- ManagementBjarne Lastein stepped down as director
- AddressMoved to Dalbækvej 2A, 6670 Holsted
20061 changeindustry 1
- IndustryIndustry changed to Taxiflyvning mv. (622030)
20056 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as BEL AIR HELICOPTERS ApS
- ManagementBjarne Lastein appointed board member
- ManagementSusanne Hessellund appointed director
- ManagementBente Hessellund Jepsen appointed board member
- ManagementBjarne Lastein appointed director
- OwnershipHFH Group A/S registered as owner (100%)
Related companies
Same people in management
- Danish Crown A/Svia Flemming Nyenstad Enevoldsen
- Post Danmark A/Svia Bjarne Hansen
- Københavns Lufthavne A/Svia Bjarne Hansen
- Det Nordjyske Mediehus A/Svia Jan Rahbech
- Nykredit Realkredit A/Svia Jan Godballe Børjesson
- Billund Lufthavn A/Svia Bjarne Hansen
Largest in the industry
- Sunclass Airlines ApSDKK 884.9m
- Air Alsie A/SDKK 149.4m
- Airseven A/SDKK 100.5m
- Avincis Aviation Denmark A/SDKK 53.1m
- Flexflight ApSDKK 43.6m
- Travelheart Flight ApSDKK 37.9m
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.