Hitachi Rail RCS Denmark ApS
Private limited companyCVR 27348645BallerupActive
Hitachi Rail RCS Denmark ApS is a private limited company, based in Ballerup, active in operation of stations, freight terminals and similar, founded in 2003. Net profit fell 32% from 2025 to 2026, ending at DKK 67.9m. Measured by gross profit, it ranks no. 2 of 18 companies in the industry in the database. Equity fell to DKK 69.2m in 2026.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit fell 30% (2025 → 2026), to DKK 121.9m.
- Revenue fell 29% (2025 → 2026), to DKK 256m.
- Net profit fell 32% (2025 → 2026), to DKK 67.9m.
- Equity fell 32% (2025 → 2026), to DKK 69.2m.
Employees
- 24 fewer employees than a year earlier: 29 (08/2026) against 53 (08/2025).
Management and owners, last 24 months
- New in management: Johannes Boyer (board member, 30/08/2025).
- Stepped down: Jean-Marc Reynaud (board member, 30/08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Operation of stations, freight terminals and similar (522110)
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 2020–2026 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 271,032 | 345,792 | 293,756 | 299,309 | 360,624 | 256,010 | −29% |
| Gross profit | 98,254 | 128,940 | 104,951 | 124,377 | 173,637 | 121,863 | −29.8% |
| Operating profit (EBIT) | 61,358 | 92,837 | 67,332 | 85,648 | 123,425 | 86,703 | −29.8% |
| Profit before tax | 60,743 | 92,385 | 66,963 | 88,526 | 128,805 | 87,725 | −31.9% |
| Net profit | 47,368 | 72,244 | 52,400 | 69,094 | 100,468 | 67,926 | −32.4% |
| Total assets | 257,134 | 242,258 | 211,500 | 187,165 | 218,215 | 188,192 | −13.8% |
| Equity | 48,370 | 73,246 | 53,026 | 70,319 | 101,694 | 69,151 | −32% |
| Liabilities | 208,397 | 155,851 | 156,960 | 116,846 | 116,521 | 119,040 | +2.2% |
| Cash and cash equivalents | 134,555 | 59,599 | 53,109 | 4,277 | 68,130 | 18,498 | −72.8% |
| Average number of employees | 55 | 55 | 54 | 55 | 51 | 48 | −5.9% |
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. The register has no financial statements for 2024 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2026 figuresEquity fell sharply
Equity fell 32% from 2025 to 2026 (DKK 101.7m to DKK 69.2m).
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 2021–2026.
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 |
|---|---|---|---|---|
| 2026 | 01/04/2025 – 31/03/2026 | 25/09/2026 | The company | PDF not statedXBRL |
| 2025 | 01/01/2024 – 31/03/2025 | 03/10/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 08/08/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 16/07/2021 | 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
18 companies in the databaseComparison with the other companies in operation of stations, freight terminals and similar based on the latest financial year.
Industry median: gross profit DKK 11m, net profit DKK 332k, equity DKK 4.7m, 18 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 103of 9,892 Better than 99% | No. 519of 9,922 Better than 95% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 578of 24,791 Better than 98% | No. 1,812of 24,909 Better than 93% |
| All companies of type ApS66,508 companies in the comparison | No. 234of 66,379 Better than 100% | No. 1,589of 66,505 Better than 98% |
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
Operation of stations, freight terminals and similar- Hitachi Rail RCS Denmark ApSDKK 121.9m
- Rejsekort & Rejseplan A/SDKK 200.9m
- Moove Group A/SDKK 55.8m
- Hitachi Rail RCS Denmark ApSDKK 67.9m
- Rejsekort & Rejseplan A/S−DKK 56.3m
- Moove Group A/S−DKK 92.8m
- Hitachi Rail RCS Denmark ApSDKK 69.2m
- Rejsekort & Rejseplan A/SDKK 26.8m
- Moove Group A/SDKK 162.3m
- Hitachi Rail RCS Denmark ApS29
- Rejsekort & Rejseplan A/S154
- Moove Group A/S94
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Brian Dalsgaard Hansen | CEO | 15/03/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Brian Dalsgaard Hansen | Chair of the board | 15/03/2023 |
| Hans-Jürgen Ernst Wagner | Board member | 24/05/2024 |
| Johannes Boyer | Board member | 30/08/2025 |
- Founders
- ApS KBUS 38 nr.3117
Former management (30)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | Chair of the board | 15/09/2003 | 22/09/2003 |
| Annemette Heller | CEO | 15/09/2003 | 22/09/2003 |
| Peter Steen Mogensen | Board member | 22/09/2003 | 01/07/2004 |
| Henrik Robert Mulvad | Board member | 22/09/2003 | 03/03/2010 |
| René Jourdan | Board member | 15/10/2003 | 03/03/2010 |
| Jean Christian Bruno Cohades | Chair of the board | 01/07/2004 | 25/06/2007 |
| Sylvie Martre | Chair of the board | 25/06/2007 | 02/10/2008 |
| Torben Dyrvig Nielsen | Board member | 09/09/2009 | 31/12/2012 |
| Patrick Robert Bauchart | Chair of the board | 09/09/2009 | 29/05/2012 |
| Phillippe Yves Lzzare Guittat | Board member | 03/03/2010 | 20/06/2011 |
| Jean-Christophe Franck Moureau | Board member | 20/06/2011 | 03/10/2014 |
| Laurent Eskenazi | Chair of the board | 29/05/2012 | 22/06/2016 |
| Allan Skovgaard Hansen | Board member | 31/12/2012 | 31/01/2018 |
| Allan Skovgaard Hansen | Director | 03/10/2014 | 31/01/2018 |
| Jean-Christophe Laurent Bouteiller | Board member | 03/10/2014 | 22/06/2016 |
| Jean-Christophe Laurent Bouteiller | Director | 03/10/2014 | 06/03/2017 |
| Marc Jacques Marcel Essig | Chair of the board | 22/06/2016 | 20/09/2018 |
| Lionel Guerard | Board member | 22/06/2016 | 31/08/2017 |
| Lionel Guerard | Director | 06/03/2017 | 31/08/2017 |
| Marc Jacques Marcel Essig | Director | 31/08/2017 | 20/09/2018 |
| Ferdinando Matteo Bini | Board member | 31/08/2017 | 20/09/2018 |
| Jean-Marc Reynaud | Board member | 31/08/2017 | 30/08/2025 |
| Claus Vendelsø-Nielsen | Board member | 31/01/2018 | 01/01/2020 |
| Claus Vendelsø-Nielsen | Director | 31/01/2018 | 01/01/2020 |
| Tommy Ayouty | Board member | 20/09/2018 | 21/12/2023 |
| Tommy Ayouty | Director | 20/09/2018 | 15/03/2023 |
| Camille Romain Sylvain Duval | Board member | 20/09/2018 | 07/10/2020 |
| Tommi Marjakaarto | Board member | 07/10/2020 | 15/03/2023 |
| Palak Shah | Board member | 15/03/2023 | 01/03/2024 |
| Martin Søegaard | Board member | 21/12/2023 | 24/05/2024 |
Signing rule: Selskabet tegnes af alle bestyrelsesmedlemmerne i forening, af bestyrelsens formand alene, af to direktionsmedlemmer i forening eller af et direktionsmedlem i forening med et bestyrelsesmedlem.
Address and production units
1 active production unitsIndustriparken 39
2750 Ballerup
Ballerup Municipality · Postcode 2750
Other companies at the address (5)
- Sophion Bioscience A/SResearch and experimental development on natural sciences and engineering
- Hitachi Rail Denmark A/SComputer programming activities
- Cubris ApSComputer programming activities
- Thales DIS Danmark A/SComputer programming activities
- Thales Denmark ApSComputer programming activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Hitachi Rail RCS Denmark ApS | Industriparken 39, 2750 Ballerup | 29 | 1010102223 |
Purpose
Selskabets formål er at drive virksomhed inden for transport og al anden form for virksomhed, der er relateret hertil. Selskabet kan (i) drive al form for aktivitet også omfattende men ikke begrænset til vedligeholdelse, logistik ydelser, teknisk assistance og installationsarbejder og uddannelsesopgaver inden for elektronik, ingeniørarbejder, informationsteknologi og software, (ii) drive virksom-hed indenfor håndtering af programmer, samt udlicitere opgaver, købe og sælge alle produkter, processer og serviceydelser vedrørende elektronik, ingeniørarbejder, informationsteknologi og soft-ware og (iii) udføre al anden virksomhed som i bred betydning er forbundet med eller befordrende for formålet.
The purpose is quoted from the register in Danish.
Changes year by year
86 registered events20261 changeaccounts 1
- AccountsAnnual report for 2026 published
20254 changesaccounts 1 · management 2 · industry 1
- AccountsAnnual report for 2025 published
- ManagementJohannes Boyer appointed board member
- ManagementJean-Marc Reynaud stepped down as board member
- IndustryIndustry changed to Operation of stations, freight terminals and similar (522110)
20245 changesaccounts 1 · name 1 · management 3
- AccountsAnnual report for 2023 published
- NameName changed from Revenue Collection Systems Denmark ApS to Hitachi Rail RCS Denmark ApS
- ManagementHans-Jürgen Ernst Wagner appointed board member
- ManagementMartin Søegaard stepped down as board member
- ManagementPalak Shah stepped down as board member
20238 changesmanagement 7 · accounts 1
- ManagementMartin Søegaard appointed board member
- ManagementTommy Ayouty stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementBrian Dalsgaard Hansen appointed ceo
- ManagementBrian Dalsgaard Hansen appointed chair of the board
- ManagementPalak Shah appointed board member
- ManagementTommi Marjakaarto stepped down as board member
- ManagementTommy Ayouty stepped down as director
20222 changesname 1 · accounts 1
- NameName changed from Thales RCS Denmark ApS to Revenue Collection Systems Denmark ApS
- AccountsAnnual report for 2021 published
20212 changesaddress 1 · accounts 1
- AddressMoved to Industriparken 39, 2750 Ballerup
- AccountsAnnual report for 2020 published
20206 changesmanagement 4 · name 1 · address 1
- ManagementTommi Marjakaarto appointed board member
- ManagementCamille Romain Sylvain Duval stepped down as board member
- NameName changed from EAST-WEST DENMARK ApS to Thales RCS Denmark ApS
- AddressMoved to Telefonvej 8D, 2, 2860 Søborg
- ManagementClaus Vendelsø-Nielsen stepped down as director
- ManagementClaus Vendelsø-Nielsen stepped down as board member
20191 changeindustry 1
- IndustryIndustry changed to Operation of stations, freight terminals and similar (522110)
201811 changesmanagement 10 · industry 1
- ManagementCamille Romain Sylvain Duval appointed board member
- ManagementTommy Ayouty appointed director
- ManagementTommy Ayouty appointed board member
- ManagementMarc Jacques Marcel Essig stepped down as director
- ManagementFerdinando Matteo Bini stepped down as board member
- ManagementMarc Jacques Marcel Essig stepped down as chair of the board
- ManagementClaus Vendelsø-Nielsen appointed director
- ManagementClaus Vendelsø-Nielsen appointed board member
- ManagementAllan Skovgaard Hansen stepped down as director
- ManagementAllan Skovgaard Hansen stepped down as board member
- IndustryIndustry changed to Computerprogrammering (620100)
20177 changesmanagement 7
- ManagementMarc Jacques Marcel Essig appointed director
- ManagementJean-Marc Reynaud appointed board member
- ManagementFerdinando Matteo Bini appointed board member
- ManagementLionel Guerard stepped down as director
- ManagementLionel Guerard stepped down as board member
- ManagementLionel Guerard appointed director
- ManagementJean-Christophe Laurent Bouteiller stepped down as director
20164 changesmanagement 4
- ManagementLionel Guerard appointed board member
- ManagementMarc Jacques Marcel Essig appointed chair of the board
- ManagementJean-Christophe Laurent Bouteiller stepped down as board member
- ManagementLaurent Eskenazi stepped down as chair of the board
20151 changeownership 1
- OwnershipHitachi Rail Denmark A/S registered as owner (100%)
20144 changesmanagement 4
- ManagementAllan Skovgaard Hansen appointed director
- ManagementJean-Christophe Laurent Bouteiller appointed director
- ManagementJean-Christophe Laurent Bouteiller appointed board member
- ManagementJean-Christophe Franck Moureau stepped down as board member
20125 changesmanagement 4 · industry 1
- ManagementAllan Skovgaard Hansen appointed board member
- ManagementTorben Dyrvig Nielsen stepped down as board member
- IndustryIndustry changed to Konsulentbistand vedrørende informationsteknologi (620200)
- ManagementLaurent Eskenazi appointed chair of the board
- ManagementPatrick Robert Bauchart stepped down as chair of the board
20112 changesmanagement 2
- ManagementJean-Christophe Franck Moureau appointed board member
- ManagementPhillippe Yves Lzzare Guittat stepped down as board member
20103 changesmanagement 3
- ManagementPhillippe Yves Lzzare Guittat appointed board member
- ManagementRené Jourdan stepped down as board member
- ManagementHenrik Robert Mulvad stepped down as board member
20092 changesmanagement 2
- ManagementTorben Dyrvig Nielsen appointed board member
- ManagementPatrick Robert Bauchart appointed chair of the board
20083 changesaddress 1 · management 1 · industry 1
- AddressMoved to Telefonvej 8D, 1, 2860 Søborg
- ManagementSylvie Martre stepped down as chair of the board
- IndustryIndustry changed to Computerprogrammering (620100)
20072 changesmanagement 2
- ManagementSylvie Martre appointed chair of the board
- ManagementJean Christian Bruno Cohades stepped down as chair of the board
20051 changeaddress 1
- AddressMoved to Maglegårds Alle 4, 2860 Søborg
20042 changesmanagement 2
- ManagementJean Christian Bruno Cohades appointed chair of the board
- ManagementPeter Steen Mogensen stepped down as board member
200310 changesmanagement 7 · name 1 · address 1 · founded 1
- ManagementRené Jourdan appointed board member
- NameName changed from ApS KBIL 17 NR. 1670 to EAST-WEST DENMARK ApS
- AddressMoved to Lautrupsgade 7, 2100 København Ø
- ManagementHenrik Robert Mulvad appointed board member
- ManagementPeter Steen Mogensen appointed board member
- ManagementAnnemette Heller stepped down as ceo
- ManagementKim Madsen stepped down as chair of the board
- FoundedRegistered as ApS KBIL 17 NR. 1670
- ManagementAnnemette Heller appointed ceo
- ManagementKim Madsen appointed chair of the board
Related companies
Same people in management
- Tryg Forsikring A/Svia Kim Madsen
- Semler Mobility Retail A/Svia Annemette Heller
- Atea A/Svia Annemette Heller
- itm8 A/Svia Annemette Heller
- Nomeco A/Svia Annemette Heller
- Randstad A/Svia Annemette Heller
Largest in the industry
- Rejsekort & Rejseplan A/SDKK 200.9m
- Moove Group A/SDKK 55.8m
- Medlog Denmark A/SDKK 49.1m
- NTG Logistics A/SDKK 47.3m
- Kørselskontoret Dantaxi A/SDKK 25.7m
- Taxi 4x27 ApSDKK 15.2m
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.