GoCollective Rail A/S
Public limited companyCVR 12245904KastrupActive
GoCollective Rail A/S is a public limited company, based in Kastrup, active in passenger rail transport, interurban, founded in 1988. The company made a loss in both 2024 and 2025, most recently DKK 135.3m. Operations are spread over 9 production units in 8 towns. Equity fell to DKK 202.4m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Revenue fell 100% (2024 → 2025), to DKK 0.
- The loss grew: from DKK 120.3m to DKK 135.3m (2024 → 2025).
- Equity fell 40% (2024 → 2025), to DKK 202.4m.
Employees
- 21 more employees than a year earlier: 343 (08/2026) against 322 (08/2025).
Management and owners, last 24 months
- New in management: Thibault Guy Depoix Joseph (board member, 01/06/2025), Henrik la Cour (ceo, 08/12/2025) and Henrik la Cour (board member, 08/01/2026) (+6).
- Stepped down: Marianne Lisbeth Bøttger (board member, 31/05/2025), Marianne Lisbeth Bøttger (ceo, 01/06/2025) and Svend Nicolai Heineke (chair of the board, 29/04/2025) (+6).
- New owners registered: GoCollective Holding A/S (28/01/2025).
- No longer registered as owner: GoCollective Bus A/S (28/01/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Passenger rail transport, interurban (491100)
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 | 380,312 | 480,228 | 574,443 | 575,271 | 586,591 | 0 | −100% |
| Gross profit | −290,578 | −53,130 | −53,340 | −18,663 | −43,475 | 0 | +100% |
| Operating profit (EBIT) | – | – | – | – | – | 0 | – |
| Profit before tax | – | – | – | – | – | −14,166 | – |
| Net profit | −212,649 | −5,199 | −74,948 | −134,209 | −120,295 | −135,304 | −12.5% |
| Total assets | 590,611 | 617,745 | 630,937 | 534,650 | 648,926 | 607,777 | −6.3% |
| Equity | 6,518 | 47,570 | −27,378 | 366,428 | 337,258 | 202,354 | −40% |
| Liabilities | 564,038 | 533,288 | 632,942 | 165,603 | 309,016 | 267,167 | −13.5% |
| Cash and cash equivalents | 50 | 50 | 37 | 8,024 | 34,690 | 14,481 | −58.3% |
| Average number of employees | 347 | 332 | 356 | 335 | 314 | 313 | −0.3% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 40% from 2024 to 2025 (DKK 337.3m to DKK 202.4m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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 | 27/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 15/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 29/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 31/05/2021 | 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
4 companies in the databaseComparison with the other companies in passenger rail transport, interurban based on the latest financial year.
Industry median: gross profit DKK 89.7m, net profit −DKK 959k, equity DKK 148.1m, 224 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 200–499 employees796 companies in the comparison | No. 754of 763 Better than 1% | No. 270of 796 Better than 66% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 9,346of 10,152 Better than 8% | No. 788of 10,275 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 16,577of 17,786 Better than 7% | No. 1,428of 18,024 Better than 92% |
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 rail transport, interurban- GoCollective Rail A/SDKK 0
- Lokaltog A/SDKK 512.4m
- Nordjyske Jernbaner A/SDKK 119.7m
- GoCollective Rail A/S−DKK 135.3m
- Lokaltog A/SDKK 17.9m
- Nordjyske Jernbaner A/S−DKK 2.4m
- GoCollective Rail A/SDKK 202.4m
- Lokaltog A/SDKK 791.6m
- Nordjyske Jernbaner A/SDKK 93.8m
- GoCollective Rail A/S343
- Lokaltog A/S521
- Nordjyske Jernbaner A/S155
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterSubsidiaries are shown only if they are in the database.
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Henrik la Cour | CEO | 08/12/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Thibault Guy Depoix Joseph | Board member | 01/06/2025 |
| Henrik la Cour | Board member | 08/01/2026 |
| Markus Honner | Chair of the board | 13/03/2026 |
- Founders
- Kaj Ove Smed, Niels Smed, Inge-Lise Alsing Smed
Former management (46)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Keith John Bastow | Director | 30/06/1988 | 10/06/1999 |
| Troels Henrik Horneman | Chair of the board | 18/03/1996 | 27/05/1998 |
| Kaj Ove Smed | Board member | 18/03/1996 | 27/05/1998 |
| Niels Smed | Board member | 18/03/1996 | 27/05/1998 |
| Inge-Lise Alsing Smed | Board member | 18/03/1996 | 27/05/1998 |
| Inge-Lise Alsing Smed | Director | 18/03/1996 | 27/05/1998 |
| Michael Vinther | Chair of the board | 27/05/1998 | 10/06/1999 |
| Anders Leonard Nielsen | Board member | 27/05/1998 | 24/08/1998 |
| Anders Leonard Nielsen | Director | 27/05/1998 | 24/08/1998 |
| Jan Bigom | Board member | 27/05/1998 | 10/06/1999 |
| Eigil Koop | Board member | 10/06/1999 | 02/07/2001 |
| Røsli Jette Gisselmann | Board member | 10/06/1999 | 15/01/2001 |
| Røsli Jette Gisselmann | CEO | 20/12/2000 | 15/10/2001 |
| Nicolaj Alex Johansen | Board member | 15/01/2001 | 31/01/2005 |
| Ole Lenarth Nielsen | Board member | 02/07/2001 | 30/09/2003 |
| Ole Lenarth Nielsen | CEO | 15/10/2001 | 07/05/2002 |
| Ernst Viggo Frendesen | Director | 07/05/2002 | 28/04/2003 |
| Keith John Bastow | Board member | 13/01/2003 | 23/01/2008 |
| Karsten Røn Andersen | CEO | 28/04/2003 | 06/10/2008 |
| Michael Nørgaard Jensen | Board member | 30/09/2003 | 09/01/2006 |
| Piers Darryl st John Marlow | Board member | 20/07/2004 | 23/01/2008 |
| Susanne Mørch Koch | Board member | 01/08/2006 | 12/01/2007 |
| Jens Erik Christiansen | Board member | 12/01/2007 | 15/01/2009 |
| Johnny Børge Hansen | Board member | 06/10/2008 | 01/04/2011 |
| Johnny Børge Hansen | CEO | 06/10/2008 | 01/04/2011 |
| Mikael Brandt | Chair of the board | 06/10/2008 | 01/06/2011 |
| Marianne Lisbeth Bøttger | Board member | 01/04/2011 | 23/08/2016 |
| Thomas Eybye Øster | CEO | 01/04/2011 | 01/07/2014 |
| Thomas Eybye Øster | Chair of the board | 01/07/2014 | 15/08/2014 |
| Nikolaj Wendelboe | Board member | 01/07/2014 | 01/04/2019 |
| Nikolaj Wendelboe | CEO | 01/07/2014 | 01/04/2019 |
| Anne-Mette Enoksen | Chair of the board | 15/08/2014 | 24/08/2016 |
| Marianne Lisbeth Bøttger | Chair of the board | 24/08/2016 | 31/03/2019 |
| Anders Ewald | Board member | 24/08/2016 | 01/04/2017 |
| John Bo Henriksen | Board member | 01/04/2017 | 27/08/2018 |
| Svend Nicolai Heineke | Board member | 27/08/2018 | 31/03/2019 |
| Marianne Lisbeth Bøttger | Board member | 01/04/2019 | 31/05/2025 |
| Marianne Lisbeth Bøttger | CEO | 01/04/2019 | 01/06/2025 |
| Anders Ewald | Board member | 01/04/2019 | 01/02/2024 |
| Svend Nicolai Heineke | Chair of the board | 01/04/2019 | 29/04/2025 |
| Thibault Guy Depoix Joseph | Board member | 31/05/2023 | 28/04/2025 |
| Pia Hammershøy Splittorff | Board member | 29/04/2025 | 26/11/2025 |
| Thibault Guy Depoix Joseph | Chair of the board | 29/04/2025 | 31/05/2025 |
| Erik Poulstrup | CEO | 01/06/2025 | 08/12/2025 |
| Marianne Lisbeth Bøttger | Chair of the board | 01/06/2025 | 13/03/2026 |
| Markus Honner | Board member | 01/07/2025 | 12/03/2026 |
Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør, eller af to bestyrelsesmedlemmer eller af den samlede bestyrelse.
Address and production units
9 active production unitsSkøjtevej 26
2770 Kastrup
Tårnby Municipality · Postcode 2770
Other companies at the address (6)
- GoCollective Bus A/SScheduled passenger road transport
- GoCollective Rail Service A/SRepair and maintenance of other transport equipment
- GoCollective Bus Service A/SOther repair and maintenance of motor vehicles n.e.c.
- GoCollective Holding A/SNon-financial holding companies
- Meng & Dyrbøl ApSAccounting, bookkeeping and auditing; tax consultancy
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GoCollective Tog A/S - Struer, Østergade 57 | Østergade 57, 7600 Struer | 69 | 1010852133 |
| GoCollective Tog A/S - Silkeborg, Drewsensvej 1 | Drewsensvej 1, 8600 Silkeborg | 56 | 1009706832 |
| GoCollective Tog A/S Herning Station | Banegårdspladsen 6D, 7400 Herning | 55 | 1010875834 |
| GoCollective Tog A/S - Århus | Banegårdsgade 36A, 2. th, 8000 Aarhus C | 50 | 1009837163 |
| GoCollective Tog A/S - Esbjerg, Jernbanegade 35 | Jernbanegade 35, 6700 Esbjerg | 46 | 1010852117 |
| GoCollective Tog A/S - Odense, Østre Stationsvej 27 | Østre Stationsvej 27, 5000 Odense C | 42 | 1026506782 |
| GoCollective Tog A/S - Varde | Stationspladsen 3, 6800 Varde | 20 | 1019470942 |
| GoCollective Tog A/S - Varde (Mek.) | Gellerupvej 13B, 6800 Varde | 3 | 1029644604 |
| GoCollective Tog A/S - Kastrup, Skøjtevej 26 | Skøjtevej 26, 2770 Kastrup | 1 | 1031948173 |
Purpose
Selskabets formål er på et forretningsmæssingt grundlag, at udføre personbefordring og/eller godstransport på jernbane samt reparation, udlejning og vedligeholdelse af jernbanemateriel og dermed forbundet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
119 registered events20265 changesaccounts 1 · management 4
- AccountsAnnual report for 2025 published
- ManagementMarkus Honner appointed chair of the board
- ManagementMarianne Lisbeth Bøttger stepped down as chair of the board
- ManagementMarkus Honner stepped down as board member
- ManagementHenrik la Cour appointed board member
202518 changesmanagement 14 · accounts 1 · ownership 2 · industry 1
- ManagementHenrik la Cour appointed ceo
- ManagementErik Poulstrup stepped down as ceo
- ManagementPia Hammershøy Splittorff stepped down as board member
- ManagementMarkus Honner appointed board member
- ManagementErik Poulstrup appointed ceo
- ManagementThibault Guy Depoix Joseph appointed board member
- ManagementMarianne Lisbeth Bøttger appointed chair of the board
- ManagementMarianne Lisbeth Bøttger stepped down as ceo
- ManagementThibault Guy Depoix Joseph stepped down as chair of the board
- ManagementMarianne Lisbeth Bøttger stepped down as board member
- AccountsAnnual report for 2024 published
- ManagementPia Hammershøy Splittorff appointed board member
- ManagementThibault Guy Depoix Joseph appointed chair of the board
- ManagementSvend Nicolai Heineke stepped down as chair of the board
- ManagementThibault Guy Depoix Joseph stepped down as board member
- OwnershipGoCollective Holding A/S registered as owner (100%)
- OwnershipGoCollective Bus A/S is no longer registered as owner
- IndustryIndustry changed to Passenger rail transport, interurban (491100)
20242 changesaccounts 1 · management 1
- AccountsAnnual report for 2023 published
- ManagementAnders Ewald stepped down as board member
20234 changesname 1 · accounts 1 · management 1 · capital 1
- NameName changed from ARRIVA TOG A/S to GoCollective Rail A/S
- AccountsAnnual report for 2022 published
- ManagementThibault Guy Depoix Joseph appointed board member
- CapitalShare capital changed from 503,000 DKK to 504,000 DKK
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20198 changesmanagement 8
- ManagementMarianne Lisbeth Bøttger appointed ceo
- ManagementSvend Nicolai Heineke appointed chair of the board
- ManagementAnders Ewald appointed board member
- ManagementMarianne Lisbeth Bøttger appointed board member
- ManagementNikolaj Wendelboe stepped down as board member
- ManagementNikolaj Wendelboe stepped down as ceo
- ManagementSvend Nicolai Heineke stepped down as board member
- ManagementMarianne Lisbeth Bøttger stepped down as chair of the board
20182 changesmanagement 2
- ManagementSvend Nicolai Heineke appointed board member
- ManagementJohn Bo Henriksen stepped down as board member
20174 changescapital 1 · merger 1 · management 2
- CapitalShare capital changed from 502,000 DKK to 503,000 DKK
- MergerMerger registered in CVR
- ManagementJohn Bo Henriksen appointed board member
- ManagementAnders Ewald stepped down as board member
20164 changesmanagement 4
- ManagementMarianne Lisbeth Bøttger appointed chair of the board
- ManagementAnders Ewald appointed board member
- ManagementAnne-Mette Enoksen stepped down as chair of the board
- ManagementMarianne Lisbeth Bøttger stepped down as board member
20147 changesownership 1 · management 6
- OwnershipGoCollective Bus A/S registered as owner (100%)
- ManagementAnne-Mette Enoksen appointed chair of the board
- ManagementThomas Eybye Øster stepped down as chair of the board
- ManagementNikolaj Wendelboe appointed board member
- ManagementNikolaj Wendelboe appointed ceo
- ManagementThomas Eybye Øster appointed chair of the board
- ManagementThomas Eybye Øster stepped down as ceo
20115 changesmanagement 5
- ManagementMikael Brandt stepped down as chair of the board
- ManagementThomas Eybye Øster appointed ceo
- ManagementMarianne Lisbeth Bøttger appointed board member
- ManagementJohnny Børge Hansen stepped down as board member
- ManagementJohnny Børge Hansen stepped down as ceo
20091 changemanagement 1
- ManagementJens Erik Christiansen stepped down as board member
20087 changesmanagement 6 · industry 1
- ManagementMikael Brandt appointed chair of the board
- ManagementJohnny Børge Hansen appointed board member
- ManagementJohnny Børge Hansen appointed ceo
- ManagementKarsten Røn Andersen stepped down as ceo
- ManagementPiers Darryl st John Marlow stepped down as board member
- ManagementKeith John Bastow stepped down as board member
- IndustryIndustry changed to Passagertransport med regional- eller fjerntog (491000)
20072 changesmanagement 2
- ManagementJens Erik Christiansen appointed board member
- ManagementSusanne Mørch Koch stepped down as board member
20062 changesmanagement 2
- ManagementSusanne Mørch Koch appointed board member
- ManagementMichael Nørgaard Jensen stepped down as board member
20052 changesaddress 1 · management 1
- AddressMoved to Skøjtevej 26, 2770 Kastrup
- ManagementNicolaj Alex Johansen stepped down as board member
20041 changemanagement 1
- ManagementPiers Darryl st John Marlow appointed board member
20036 changescapital 1 · management 5
- CapitalShare capital changed from 501,000 DKK to 502,000 DKK
- ManagementMichael Nørgaard Jensen appointed board member
- ManagementOle Lenarth Nielsen stepped down as board member
- ManagementKarsten Røn Andersen appointed ceo
- ManagementErnst Viggo Frendesen stepped down as director
- ManagementKeith John Bastow appointed board member
20024 changesmanagement 2 · capital 1 · industry 1
- ManagementErnst Viggo Frendesen appointed director
- ManagementOle Lenarth Nielsen stepped down as ceo
- CapitalShare capital changed from 500,000 DKK to 501,000 DKK
- IndustryIndustry changed to Radio broadcasting and distribution of audio recordings (601000)
20017 changesmanagement 6 · name 1
- ManagementOle Lenarth Nielsen appointed ceo
- ManagementRøsli Jette Gisselmann stepped down as ceo
- NameName changed from SILKEBORG BUS LEASING A/S to ARRIVA TOG A/S
- ManagementOle Lenarth Nielsen appointed board member
- ManagementEigil Koop stepped down as board member
- ManagementNicolaj Alex Johansen appointed board member
- ManagementRøsli Jette Gisselmann stepped down as board member
20001 changemanagement 1
- ManagementRøsli Jette Gisselmann appointed ceo
19995 changesmanagement 5
- ManagementRøsli Jette Gisselmann appointed board member
- ManagementEigil Koop appointed board member
- ManagementJan Bigom stepped down as board member
- ManagementMichael Vinther stepped down as chair of the board
- ManagementKeith John Bastow stepped down as director
199811 changesmanagement 11
- ManagementAnders Leonard Nielsen stepped down as board member
- ManagementAnders Leonard Nielsen stepped down as director
- ManagementAnders Leonard Nielsen appointed board member
- ManagementJan Bigom appointed board member
- ManagementAnders Leonard Nielsen appointed director
- ManagementMichael Vinther appointed chair of the board
- ManagementTroels Henrik Horneman stepped down as chair of the board
- ManagementInge-Lise Alsing Smed stepped down as director
- ManagementInge-Lise Alsing Smed stepped down as board member
- ManagementNiels Smed stepped down as board member
- ManagementKaj Ove Smed stepped down as board member
19966 changescapital 1 · management 5
- CapitalShare capital changed from 81,600 DKK to 500,000 DKK
- ManagementTroels Henrik Horneman appointed chair of the board
- ManagementInge-Lise Alsing Smed appointed director
- ManagementInge-Lise Alsing Smed appointed board member
- ManagementNiels Smed appointed board member
- ManagementKaj Ove Smed appointed board member
19921 changecapital 1
- CapitalShare capital changed from 80,100 DKK to 81,600 DKK
19882 changesfounded 1 · management 1
- FoundedRegistered as SILKEBORG BUS LEASING A/S
- ManagementKeith John Bastow appointed director
Related companies
Same people in management
- Coop Danmark A/Svia Susanne Mørch Koch
- Umove A/Svia Johnny Børge Hansen
- Tivoli A/Svia Susanne Mørch Koch
- KMD A/Svia Mikael Brandt
- GoCollective Bus A/Svia Anne-Mette Enoksen
- Dansk Landbrugs Grovvareselskab A.m.b.a.via Susanne Mørch Koch
Largest in the industry
- Lokaltog A/SDKK 512.4m
- Nordjyske Jernbaner A/SDKK 119.7m
- Midtjyske Jernbaner Drift A/SDKK 59.6m
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.