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CityJet A/S

Public limited companyCVR 34576890KastrupActive

CityJet A/S is a public limited company, based in Kastrup, active in scheduled passenger air transport, founded in 2012. The company went from a profit in 2024 to a loss of DKK 18.1m in 2025. With 298 employees, the company is about 3 times larger than the industry median. Equity fell to DKK 235k in 2025.

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Key figures · financial year 2025

RevenueDKK 332.5m+0.4% vs. 2024
Net profit−DKK 18.1m−784.6% vs. 2024
EquityDKK 235k−98.7% vs. 2024
Employees298latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit went from a profit of DKK 2.6m to a loss of DKK 18.1m (2024 → 2025).
  • Equity fell 99% (2024 → 2025), to DKK 235k.

Employees

  • 44 fewer employees than a year earlier: 298 (07/2026) against 342 (07/2025).

Management and owners, last 24 months

  • New in management: Konstantinos Bitsiaras (board member, 01/10/2026), Emer McInerney (chair of the board, 01/10/2026) and Jonas Daujotas (board member, 01/10/2026) (+3).
  • Stepped down: Patrick Anthony Byrne (chair of the board, 11/11/2025), Hugh Gerard Rodgers (board member, 01/10/2026) and Konstantinos Bitsiaras (board member, 10/11/2025) (+3).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Scheduled passenger air transport (511010)

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 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for CityJet A/S
202020212022202320242025Change
Revenue103,324147,283295,464320,371331,369332,530+0.4%
Gross profit84,278152,763272,340294,171310,191308,257−0.6%
Operating profit (EBIT)−14,6903,1805,9536,4063,678−17,008−562.4%
Profit before tax−14,8432,9565,7936,2693,498−17,284−594.1%
Net profit−15,4152,3434,4954,8432,648−18,128−784.6%
Total assets34,43217,30026,18527,30532,11323,277−27.5%
Equity4,0346,37710,87215,71518,364235−98.7%
Liabilities30,39810,92315,31311,59013,74923,042+67.6%
Cash and cash equivalents10,9959,41813,04715,83419,06119,093+0.2%
Average number of employees214285453472457420−8.1%

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. Gross profit can exceed revenue when the company has other operating income or is a financial company.

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

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (6 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 99% from 2024 to 2025 (DKK 18.4m to DKK 235k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 1% 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

6 financial years
Annual reports for CityJet A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202207/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202026/04/2021The 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
010020030040008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

6 companies in the database

Comparison with the other companies in scheduled passenger air transport based on the latest financial year.

Gross profitDKK 308.3mNo. 2 of 6
Better than 80% of the companies in the industry
EquityDKK 235kNo. 4 of 6
Better than 40% of the companies in the industry
Number of employees298No. 2 of 6
Better than 80% of the companies in the industry

Industry median: gross profit DKK 79.2m, net profit DKK 911k, equity DKK 25m, 88 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 200–499 employees796 companies in the comparison
No. 141of 763
Better than 82%
No. 765of 796
Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 99of 33,588
Better than 100%
No. 23,465of 33,687
Better than 30%
All companies of type A/S18,025 companies in the comparison
No. 491of 17,786
Better than 97%
No. 16,978of 18,024
Better than 6%

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

Scheduled passenger air transport
Gross profit
  1. CityJet A/SDKK 308.3m
  2. Jettime a/sDKK 416.5m
  3. Dat A/SDKK 127.4m
Net profit
  1. CityJet A/S−DKK 18.1m
  2. Jettime a/sDKK 56.7m
  3. Dat A/SDKK 1.6m
Equity
  1. CityJet A/SDKK 235k
  2. Jettime a/sDKK 73.8m
  3. Dat A/SDKK 49.8m
Employees
  1. CityJet A/S298
  2. Jettime a/s351
  3. Dat A/S125

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
  • CityJet Designated Activity Company100%
CityJet A/S

Management

4 active registrations

Executive management

Executive management at CityJet A/S
NameRoleAppointed
Jonas DaujotasCEO01/10/2026

Board of directors

Board of directors at CityJet A/S
NameRoleAppointed
Konstantinos BitsiarasBoard member01/10/2026
Emer McInerneyChair of the board01/10/2026
Jonas DaujotasBoard member01/10/2026
Founders
Jacob Saaby Krogsgaard, Alex Dyrgaard, Bardin ApS
Former management (21)
Former management at CityJet A/S
NameRoleAppointedResigned
Jacob Saaby KrogsgaardBoard member15/05/201202/02/2015
Jacob Saaby KrogsgaardCEO15/05/201201/03/2015
Jørgen NielsenChair of the board15/05/201202/02/2015
Alex DyrgaardDeputy chair31/05/201202/02/2015
Mürvet SahinBoard member02/02/201501/02/2017
Carl-Johan HellnerBoard member02/02/201501/02/2017
Johan Henrik Tobias JönssonBoard member02/02/201501/02/2017
Karl Robin Joakim LandholmChair of the board02/02/201501/05/2015
Kent HansenCEO01/03/201512/01/2018
Mikael WångdahlChair of the board01/05/201501/02/2017
Kent HansenBoard member01/02/201712/01/2018
Patrick Anthony ByrneChair of the board01/02/201711/11/2025
Robert Michael PalmerBoard member01/02/201721/03/2018
Eugene QuigleyBoard member12/01/201819/05/2022
Eugene QuigleyCEO12/01/201819/05/2022
Hugh Gerard RodgersBoard member21/03/201801/10/2026
Konstantinos BitsiarasDirector23/04/202119/05/2022
Konstantinos BitsiarasBoard member19/05/202210/11/2025
Hugh Gerard RodgersCEO19/05/202201/10/2026
Konstantinos BitsiarasChair of the board11/11/202530/09/2026
Emer McInerneyBoard member11/11/202530/09/2026

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med den adm. direktør, af bestyrelsens formand i forening med et andet bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

2 active production units

Kystvejen 2
2770 Kastrup

Tårnby Municipality · Postcode 2770

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
CityJet A/SKystvejen 2-4, 2770 Kastrup2971017674974
Cityjet A/STerminalgade 6, 2770 Kastrup01017869287

Purpose

Selskabets formål er at drive eller deltage i luftfartsvirksomhed samt anden i forbindelse hermed stående virksomhed i ind- og udland.

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20269 changesmanagement 8 · accounts 1
  • Konstantinos Bitsiaras appointed board member
  • Jonas Daujotas appointed board member
  • Jonas Daujotas appointed ceo
  • Emer McInerney appointed chair of the board
  • Hugh Gerard Rodgers stepped down as ceo
  • Hugh Gerard Rodgers stepped down as board member
  • Konstantinos Bitsiaras stepped down as chair of the board
  • Emer McInerney stepped down as board member
  • Annual report for 2025 published
20256 changesmanagement 4 · accounts 1 · industry 1
  • Konstantinos Bitsiaras appointed chair of the board
  • Emer McInerney appointed board member
  • Patrick Anthony Byrne stepped down as chair of the board
  • Konstantinos Bitsiaras stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Scheduled passenger air transport (511010)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20226 changesaccounts 1 · management 5
  • Annual report for 2021 published
  • Hugh Gerard Rodgers appointed ceo
  • Konstantinos Bitsiaras appointed board member
  • Konstantinos Bitsiaras stepped down as director
  • Eugene Quigley stepped down as ceo
  • Eugene Quigley stepped down as board member
20212 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • Konstantinos Bitsiaras appointed director
20189 changesaddress 2 · name 1 · management 6
  • Moved to Kystvejen 2-4, 2770 Kastrup
  • Moved to Kystvejen 2-4, 2770 Kastrup
  • Name changed from CIMBER A/S to CityJet A/S
  • Hugh Gerard Rodgers appointed board member
  • Robert Michael Palmer stepped down as board member
  • Eugene Quigley appointed ceo
  • Eugene Quigley appointed board member
  • Kent Hansen stepped down as board member
  • Kent Hansen stepped down as ceo
20179 changesmanagement 7 · ownership 2
  • Robert Michael Palmer appointed board member
  • Kent Hansen appointed board member
  • Patrick Anthony Byrne appointed chair of the board
  • Mikael Wångdahl stepped down as chair of the board
  • Mürvet Sahin stepped down as board member
  • Johan Henrik Tobias Jönsson stepped down as board member
  • Carl-Johan Hellner stepped down as board member
  • CityJet Designated Activity Company registered as owner (100%)
  • SAS Link Crew Services A/S is no longer registered as owner
201514 changesaddress 2 · management 11 · ownership 1
  • Moved to Kystvejen 2-4, 2770 Kastrup
  • Mikael Wångdahl appointed chair of the board
  • Karl Robin Joakim Landholm stepped down as chair of the board
  • Moved to Amager Strandvej 392, 2770 Kastrup
  • Kent Hansen appointed ceo
  • Jacob Saaby Krogsgaard stepped down as ceo
  • Karl Robin Joakim Landholm appointed chair of the board
  • Mürvet Sahin appointed board member
  • Johan Henrik Tobias Jönsson appointed board member
  • Carl-Johan Hellner appointed board member
  • Alex Dyrgaard stepped down as deputy chair
  • Jørgen Nielsen stepped down as chair of the board
  • Jacob Saaby Krogsgaard stepped down as board member
  • SAS Link Crew Services A/S registered as owner (100%)
20126 changesmanagement 4 · address 1 · founded 1
  • Alex Dyrgaard appointed deputy chair
  • Moved to Lufthavnsvej 2, Ulkebøl, 6400 Sønderborg
  • Registered as CIMBER A/S
  • Jacob Saaby Krogsgaard appointed ceo
  • Jørgen Nielsen appointed chair of the board
  • Jacob Saaby Krogsgaard appointed board member

Related companies

Same industry in Tårnby

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Same people in management

Largest in the industry

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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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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