Railtech Denmark ApS
Private limited companyCVR 32669123HinnerupActive
Railtech Denmark ApS is a private limited company, based in Hinnerup, active in construction of railways and underground railways, founded in 2010. Net profit rose 7% from 2024 to 2025, ending at DKK 311k. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 6% (2024 → 2025), to DKK 2.6m.
- Net profit rose 7% (2024 → 2025), to DKK 311k.
- Equity rose 1% (2024 → 2025), to DKK 832k.
Employees
- 1 more employees than a year earlier: 3 (08/2026) against 2 (08/2025).
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 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 | 2,107 | 1,833 | 2,302 | 2,238 | 2,749 | 2,591 | −5.8% |
| Operating profit (EBIT) | 82 | 358 | 594 | 323 | 384 | 420 | +9.4% |
| Profit before tax | 108 | 386 | 588 | 321 | 374 | 406 | +8.8% |
| Net profit | 83 | 300 | 455 | 249 | 292 | 311 | +6.7% |
| Total assets | 2,801 | 1,509 | 1,955 | 1,905 | 1,872 | 1,921 | +2.6% |
| Equity | 1,581 | 1,025 | 1,480 | 1,279 | 821 | 832 | +1.4% |
| Liabilities | 1,216 | 437 | 423 | 567 | 1,024 | 1,075 | +5% |
| Cash and cash equivalents | 1,439 | 81 | 596 | 1,021 | 733 | 1,633 | +122.6% |
| Average number of employees | 2 | 2 | 2 | 2 | 2 | 2 | 0% |
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 figuresProfit 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 | 01/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 14/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 12/02/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/02/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 15/02/2021 | 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
21 companies in the databaseComparison with the other companies in construction of railways and underground railways based on the latest financial year.
Industry median: gross profit DKK 4.3m, net profit DKK 1.1m, equity DKK 2.5m, 6 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. 25,584of 69,742 Better than 63% | No. 36,067of 69,964 Better than 48% |
| Same industry and fewer than 20 employees17 companies in the comparison | No. 10of 17 Better than 44% | No. 12of 17 Better than 31% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 13,949of 24,791 Better than 44% | No. 18,848of 24,909 Better than 24% |
| All companies of type ApS66,508 companies in the comparison | No. 25,043of 66,379 Better than 62% | No. 31,913of 66,505 Better than 52% |
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
Construction of railways and underground railways- Railtech Denmark ApSDKK 2.6m
- Aarsleff Rail A/SDKK 237.1m
- Swietelsky Rail Danmark ApSDKK 100.2m
- Railtech Denmark ApSDKK 311k
- Aarsleff Rail A/SDKK 130.5m
- Swietelsky Rail Danmark ApSDKK 3.7m
- Railtech Denmark ApSDKK 832k
- Aarsleff Rail A/SDKK 395m
- Swietelsky Rail Danmark ApSDKK 57.6m
- Railtech Denmark ApS3
- Aarsleff Rail A/S831
- Swietelsky Rail Danmark ApS88
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Railtech Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Grønne Bisgaard Madsen | Director | 07/01/2010 |
- Founders
- Martin Grønne Bisgaard Madsen
Signing rule: Selskabet tegnes af direktionen.
Address and production units
1 active production unitsHaarvadbro 10A
8382 Hinnerup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| RAILTECH DENMARK ApS | Haarvadbro 10A, Haar, 8382 Hinnerup | 3 | 1015758399 |
Purpose
Selskabets formål er at drive entreprenør- og rådgivningsvirksomhed inden for jernbaneinfrastruktur samt anden dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
16 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Haarvadbro 10A, Haar, 8382 Hinnerup
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Haarvadbro 10A, Haar, 8382 Hinnerup
20213 changesownership 2 · accounts 1
- OwnershipRailtech Holding ApS registered as owner (100%)
- OwnershipMartin Grønne Bisgaard Madsen is no longer registered as owner
- AccountsAnnual report for 2020 published
20181 changeaddress 1
- AddressMoved to Haarvadbro 10A, Haar, 8382 Hinnerup
20142 changesindustry 1 · name 1
- IndustryIndustry changed to Construction of railways and underground railways (421200)
- NameName changed from MARTIN BISGAARD MADSEN HOLDING ApS to RAILTECH DENMARK ApS
20103 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as MARTIN BISGAARD MADSEN HOLDING ApS
- ManagementMartin Grønne Bisgaard Madsen appointed director
- OwnershipMartin Grønne Bisgaard Madsen registered as owner (100%)
Related companies
Largest in the industry
- Aarsleff Rail A/SDKK 237.1m
- Swietelsky Rail Danmark ApSDKK 100.2m
- Nordic Maskin & Rail P/SDKK 92.5m
- Strukton Rail A/SDKK 62.4m
- RBM Tracktec P/SDKK 33m
- Rhomberg Sersa Nordics ApSDKK 14.3m
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.