CargoNation ApS
Private limited companyCVR 42908843KastrupActive
CargoNation ApS is a private limited company, based in Kastrup, active in freight air transport, founded in 2021. Net profit rose 6% from 2024 to 2025, ending at DKK 561k. Equity fell to DKK 454k in 2025. 4 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 12% (2024 → 2025), to DKK 2.6m.
- Net profit rose 6% (2024 → 2025), to DKK 561k.
- Equity fell 20% (2024 → 2025), to DKK 454k.
Management and owners, last 24 months
- New in management: Aytekin Saray (director, 27/03/2025) and Jasper de Bruijne (director, 27/03/2025).
- Stepped down: Aytekin Saray (board member, 27/03/2025) and Jasper de Bruijne (chair of the board, 27/03/2025).
- New owners registered: CargoNation Group S.A.S. (31/03/2025).
- No longer registered as owner: Global GSA Group B.V. (31/03/2025).
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 617 | 2,263 | 2,325 | 2,612 | +12.4% |
| Operating profit (EBIT) | – | 1,128 | 730 | 831 | +13.8% |
| Profit before tax | 574 | 1,098 | 712 | 757 | +6.3% |
| Net profit | 441 | 844 | 527 | 561 | +6.4% |
| Total assets | 10,044 | 10,205 | 9,883 | 11,003 | +11.3% |
| Equity | 481 | 1,325 | 568 | 454 | −20% |
| Liabilities | 9,563 | 8,881 | 9,315 | 10,549 | +13.3% |
| Cash and cash equivalents | 1,006 | 3,158 | 2,650 | 1,516 | −42.8% |
| Average number of employees | 1 | 2 | 2 | 3 | +50% |
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 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 figuresLow equity ratio
Equity makes up 4% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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
4 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 | 11/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 16/12/2021 – 31/12/2022 | 07/06/2023 | 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
5 companies in the databaseComparison with the other companies in freight air transport based on the latest financial year.
Industry median: gross profit DKK 2.3m, net profit DKK 561k, equity DKK 957k, 8 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 25,422of 69,742 Better than 64% | No. 43,136of 69,964 Better than 38% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 4,501of 16,614 Better than 73% | No. 6,057of 16,661 Better than 64% |
| All companies of type ApS66,508 companies in the comparison | No. 24,893of 66,379 Better than 62% | No. 39,032of 66,505 Better than 41% |
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
Freight air transport- CargoNation ApSDKK 2.6m
- Maersk Air Cargo A/SDKK 65.4m
- Hwf Denmark ApSDKK 1.9m
- CargoNation ApSDKK 561k
- Maersk Air Cargo A/S−DKK 26.9m
- Hwf Denmark ApSDKK 593k
- CargoNation ApSDKK 454k
- Maersk Air Cargo A/SDKK 14.7m
- Hwf Denmark ApSDKK 957k
- CargoNation ApS3
- Maersk Air Cargo A/S159
- Hwf Denmark ApS9
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- CargoNation Group S.A.S.100%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kenneth Gerner Petersen | CEO | 16/12/2021 |
| Aytekin Saray | Director | 27/03/2025 |
| Jasper de Bruijne | Director | 27/03/2025 |
- Founders
- Mette Gade
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Aytekin Saray | Board member | 20/01/2022 | 27/03/2025 |
| Jasper de Bruijne | Chair of the board | 20/01/2022 | 27/03/2025 |
Signing rule: Virksomheden tegnes af direktionen.
Address and production units
1 active production unitsKystvejen 32
2770 Kastrup
Tårnby Municipality · Postcode 2770
Other companies at the address (4)
- Worldwide Flight Services Denmark A/SCargo handling
- Wallenborn Scandinavia A/SOther transportation support activities
- Nordicgsa ApSService activities incidental to air transportation
- Universal Gsa ApSService activities incidental to air transportation
| Production unit | Address | Employees | P number |
|---|---|---|---|
| CargoNation ApS | Kystvejen 32, 2770 Kastrup | 3 | 1027817552 |
Purpose
Virksomhedens formål er levering af fragtydelser inden for luftfart, herunder chartre- og speditionsydelser og hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20257 changesaccounts 1 · ownership 2 · management 4
- AccountsAnnual report for 2024 published
- OwnershipCargoNation Group S.A.S. registered as owner (100%)
- OwnershipGlobal GSA Group B.V. is no longer registered as owner
- ManagementAytekin Saray appointed director
- ManagementJasper de Bruijne appointed director
- ManagementAytekin Saray stepped down as board member
- ManagementJasper de Bruijne stepped down as chair of the board
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesname 1 · accounts 1
- NameName changed from ChartAir ApS to CargoNation ApS
- AccountsAnnual report for 2022 published
20223 changesname 1 · management 2
- NameName changed from Global GSA Group BV ApS to ChartAir ApS
- ManagementAytekin Saray appointed board member
- ManagementJasper de Bruijne appointed chair of the board
20213 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Global GSA Group BV ApS
- ManagementKenneth Gerner Petersen appointed ceo
- OwnershipGlobal GSA Group B.V. registered as owner (100%)
Related companies
Same people in management
- SPIE Energy Danmark ApSvia Mette Gade
- 360 Law Firm Advokatpartnerselskabvia Mette Gade
- Dr. Reddy's Denmark ApSvia Mette Gade
- Baltmont ApSvia Mette Gade
- BHR gruppen ApSvia Mette Gade
- FPT Scandinavia ApSvia Mette Gade
Largest in the industry
- Maersk Air Cargo A/SDKK 65.4m
- Hwf Denmark ApSDKK 1.9m
- OnlineCargo ApSDKK 1.4m
- SAS Cargo Group A/S
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.