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Rhenus Warehousing Solutions Denmark A/S

Public limited companyCVR 29312354HorsensActive

Rhenus Warehousing Solutions Denmark A/S is a public limited company, based in Horsens, active in warehousing and storage, founded in 2006. Equity was negative at the end of 2025 (−DKK 41.7m). Measured by gross profit, it ranks no. 3 of 94 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 159.3m.

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Key figures · financial year 2025

RevenueDKK 401.7m+14.1% vs. 2024
Net profit−DKK 159.3m−46% vs. 2024
Equity−DKK 41.7m−228.8% vs. 2024
Employees349latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 22% (2024 → 2025), to DKK 112.7m.
  • Revenue rose 14% (2024 → 2025), to DKK 401.7m.
  • The loss grew: from DKK 109.1m to DKK 159.3m (2024 → 2025).
  • Equity turned negative: −DKK 41.7m (2024 → 2025).

Employees

  • 17 more employees than a year earlier: 349 (07/2026) against 332 (07/2025).

Management and owners, last 24 months

  • New in management: Kai Frank Fischbach (board member, 01/08/2026), Kai Frank Fischbach (ceo, 01/08/2026) and Ronny Massimo Sassen (chair of the board, 01/08/2026) (+1).
  • Stepped down: René Møller Klausen (board member, 01/08/2026), René Møller Klausen (ceo, 01/08/2026) and Kai Frank Fischbach (chair of the board, 31/07/2026) (+1).

Registrations, last 24 months

  • 16/12/2025: Share capital changed from 35,000,000 DKK to 35,001,000 DKK
  • 01/01/2025: Industry changed to Warehousing and storage (521000)

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 200m−DKK 150m−DKK 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150m202020212022202320242025
EquityNet profit
Financial figures for Rhenus Warehousing Solutions Denmark A/S
202020212022202320242025Change
Revenuenot statednot stated437,938413,288352,010401,684+14.1%
Gross profit107,890152,465190,201159,90192,318112,701+22.1%
Operating profit (EBIT)–15,62721,682−21,702−90,801−146,240−61.1%
Profit before tax4,13991,95819,535−33,692−105,327−159,275−51.2%
Net profit3,18188,80516,542−26,769−109,074−159,275−46%
Total assets155,847225,434349,855373,574340,347264,023−22.4%
Equity92,635126,440122,99696,22732,378−41,697−228.8%
Liabilities63,21298,994226,859277,347305,183301,041−1.4%
Cash and cash equivalents1,7701,3982,9452,2798,2002,592−68.4%
Average number of employees190246291302271297+9.6%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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: 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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180mDKK 200m202020212022202320242025
Gross profitMedian, the industry (95 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 41.7m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more 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
Annual reports for Rhenus Warehousing Solutions Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202301/07/2024The groupPDFXBRL
202201/01/2022 – 31/12/202228/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202111/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202004/03/2021The 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
05010015020025030035008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

95 companies in the database

Comparison with the other companies in warehousing and storage based on the latest financial year.

Gross profitDKK 112.7mNo. 3 of 94
Better than 98% of the companies in the industry
Equity−DKK 41.7mNo. 95 of 95
Better than 0% of the companies in the industry
Number of employees349No. 2 of 95
Better than 99% of the companies in the industry

Industry median: gross profit DKK 4m, net profit DKK 41,709, equity DKK 2.1m, 6 employees.

DKK 100kDKK 704kDKK 5mDKK 34.9mDKK 128.2mHere
Distribution of gross profit for 89 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

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. 504of 763
Better than 34%
No. 789of 796
Better than 1%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 627of 24,791
Better than 97%
No. 24,865of 24,909
Better than 0%
All companies of type A/S18,025 companies in the comparison
No. 1,395of 17,786
Better than 92%
No. 17,944of 18,024
Better than 0%

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

Warehousing and storage
Gross profit
  1. Rhenus Warehousing Solutions Denmark A/SDKK 112.7m
  2. Constellation Cold Logistics Denmark A/SDKK 245.6m
  3. Lundsøe Køl & Frys A/SDKK 120m
Net profit
  1. Rhenus Warehousing Solutions Denmark A/S−DKK 159.3m
  2. Constellation Cold Logistics Denmark A/SDKK 16.9m
  3. Lundsøe Køl & Frys A/S−DKK 28.5m
Equity
  1. Rhenus Warehousing Solutions Denmark A/S−DKK 41.7m
  2. Constellation Cold Logistics Denmark A/SDKK 201.1m
  3. Lundsøe Køl & Frys A/SDKK 242.9m
Employees
  1. Rhenus Warehousing Solutions Denmark A/S349
  2. Constellation Cold Logistics Denmark A/S375
  3. Lundsøe Køl & Frys A/S189

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
  • Rhenus Beteiligungen International GmbH100%
Rhenus Warehousing Solutions Denmark A/S

Management

5 active registrations

Executive management

Executive management at Rhenus Warehousing Solutions Denmark A/S
NameRoleAppointed
Rasmus Lykke JensenDirector23/05/2024
Kai Frank FischbachCEO01/08/2026

Board of directors

Board of directors at Rhenus Warehousing Solutions Denmark A/S
NameRoleAppointed
Kai Frank FischbachBoard member01/08/2026
Ronny Massimo SassenChair of the board01/08/2026
Christoph Friedrich BöckhausBoard member01/08/2026
Founders
Frost Holding Ejendomme ApS
Former management (21)
Former management at Rhenus Warehousing Solutions Denmark A/S
NameRoleAppointedResigned
Hans Erik FrostDirector24/01/200630/05/2006
Preben Thomas BorregaardDirector30/05/200602/05/2016
Torben Bertin HeinDirector30/05/200623/03/2007
Poul Erik AndersenBoard member23/03/200705/03/2021
Preben Thomas BorregaardBoard member23/03/200702/05/2016
Torben Bertin HeinChair of the board23/03/200702/05/2016
Thomas Haber Malling BorchDirector02/05/201615/01/2020
Preben Thomas BorregaardChair of the board03/05/201614/01/2020
Torben Bertin HeinBoard member03/05/201614/01/2020
Thomas Haber Malling BorchBoard member14/05/201815/01/2020
Preben Thomas BorregaardBoard member15/01/202031/10/2022
Preben Thomas BorregaardDirector15/01/202031/10/2022
Torben Bertin HeinChair of the board15/01/202031/10/2022
Peter Agentoft NielsenBoard member05/03/202131/10/2022
René Møller KlausenBoard member31/10/202201/08/2026
René Møller KlausenCEO31/10/202201/08/2026
Frank Benny FrøkiærDirector31/10/202223/05/2024
Alphonsus Johannes Leonardus van ErvenChair of the board31/10/202206/03/2024
Tobias BrinckmannBoard member31/10/202206/03/2024
Kai Frank FischbachChair of the board06/03/202431/07/2026
Ronny Massimo SassenBoard member06/03/202431/07/2026

Signing rule: Selskabet tegnes af et medlem af bestyrelsen i forening med en direktør, eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse

Address and production units

10 active production units

Egeskovvej 15A
8700 Horsens

Horsens Municipality · Postcode 8700

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Rhenus Warehousing Solutions Denmark A/SLille Gedved 1, 8700 Horsens531029273290
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 15A, Tolstrup, 8700 Horsens511011993318
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 20, 8700 Horsens481028312020
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 17A, Tolstrup, 8700 Horsens461024764164
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 12A, 8700 Horsens411027099293
Rhenus Warehousing Solutions Denmark A/SVærftsvej 10, 4600 Køge391018013416
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 19, Tolstrup, 8700 Horsens361018013394
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 24, 8700 Horsens291028943217
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 16, 8700 Horsens21027703794
Rhenus Warehousing Solutions Denmark A/SEgeskovvej 17B, 8700 Horsens–1032130069

Purpose

Selskabets formål er at drive virksomhed med transport og logistik.

The purpose is quoted from the register in Danish.

Changes year by year

106 registered events
20269 changesmanagement 8 · accounts 1
  • Kai Frank Fischbach appointed ceo
  • Christoph Friedrich Böckhaus appointed board member
  • Ronny Massimo Sassen appointed chair of the board
  • Kai Frank Fischbach appointed board member
  • René Møller Klausen stepped down as ceo
  • René Møller Klausen stepped down as board member
  • Ronny Massimo Sassen stepped down as board member
  • Kai Frank Fischbach stepped down as chair of the board
  • Annual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
  • Share capital changed from 35,000,000 DKK to 35,001,000 DKK
  • Annual report for 2024 published
  • Industry changed to Warehousing and storage (521000)
20249 changesaccounts 1 · management 6 · name 1 · address 1
  • Annual report for 2023 published
  • Rasmus Lykke Jensen appointed director
  • Frank Benny Frøkiær stepped down as director
  • Ronny Massimo Sassen appointed board member
  • Kai Frank Fischbach appointed chair of the board
  • Tobias Brinckmann stepped down as board member
  • Alphonsus Johannes Leonardus van Erven stepped down as chair of the board
  • Name changed from DKI LOGISTICS A/S to Rhenus Warehousing Solutions Denmark A/S
  • Moved to Egeskovvej 15A, Tolstrup, 8700 Horsens
20232 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
202215 changesmanagement 9 · ownership 4 · address 1 · accounts 1
  • René Møller Klausen appointed ceo
  • Tobias Brinckmann appointed board member
  • Alphonsus Johannes Leonardus van Erven appointed chair of the board
  • Frank Benny Frøkiær appointed director
  • René Møller Klausen appointed board member
  • Peter Agentoft Nielsen stepped down as board member
  • Preben Thomas Borregaard stepped down as board member
  • Torben Bertin Hein stepped down as chair of the board
  • Preben Thomas Borregaard stepped down as director
  • Rhenus Beteiligungen International GmbH registered as owner (100%)
  • Værsø Invest ApS is no longer registered as owner
  • DKI Invest X ApS is no longer registered as owner
  • DKI HOLDING A/S is no longer registered as owner
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
  • Annual report for 2021 published
202111 changesaddress 3 · ownership 5 · management 2 · accounts 1
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
  • Værsø Invest ApS registered as owner (33.33%)
  • DKI Invest X ApS registered as owner (10%)
  • DKI HOLDING A/S registered as owner (33.33%)
  • Værsø Invest ApS is no longer registered as owner
  • DKI HOLDING A/S is no longer registered as owner
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
  • Peter Agentoft Nielsen appointed board member
  • Poul Erik Andersen stepped down as board member
  • Annual report for 2020 published
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
20209 changescapital 2 · management 7
  • Share capital changed from 34,000,000 DKK to 35,000,000 DKK
  • Share capital changed from 32,000,000 DKK to 34,000,000 DKK
  • Preben Thomas Borregaard appointed board member
  • Torben Bertin Hein appointed chair of the board
  • Preben Thomas Borregaard appointed director
  • Thomas Haber Malling Borch stepped down as board member
  • Thomas Haber Malling Borch stepped down as director
  • Torben Bertin Hein stepped down as board member
  • Preben Thomas Borregaard stepped down as chair of the board
20198 changescapital 2 · ownership 5 · address 1
  • Share capital changed from 31,000,000 DKK to 32,000,000 DKK
  • Værsø Invest ApS registered as owner (50%)
  • DKI HOLDING A/S registered as owner (50%)
  • Haber Holding ApS is no longer registered as owner
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
  • DKI HOLDING A/S is no longer registered as owner
  • Værsø Invest ApS is no longer registered as owner
  • Share capital changed from 21,000,000 DKK to 31,000,000 DKK
20188 changescapital 1 · address 1 · management 1 · ownership 5
  • Share capital changed from 20,000,000 DKK to 21,000,000 DKK
  • Moved to Egeskovvej 17B, Tolstrup, 8700 Horsens
  • Thomas Haber Malling Borch appointed board member
  • Haber Holding ApS registered as owner (10%)
  • DKI HOLDING A/S registered as owner (33.33%)
  • Værsø Invest ApS registered as owner (33.33%)
  • DKI HOLDING A/S is no longer registered as owner
  • Værsø Invest ApS is no longer registered as owner
20171 changecapital 1
  • Share capital changed from 16,000,000 DKK to 20,000,000 DKK
20167 changesmanagement 6 · capital 1
  • Torben Bertin Hein appointed board member
  • Preben Thomas Borregaard appointed chair of the board
  • Thomas Haber Malling Borch appointed director
  • Preben Thomas Borregaard stepped down as board member
  • Torben Bertin Hein stepped down as chair of the board
  • Preben Thomas Borregaard stepped down as director
  • Share capital changed from 20,000,000 DKK to 16,000,000 DKK
20141 changeaddress 1
  • Moved to Egeskovvej 17B, 8700 Horsens
20111 changeaddress 1
  • Moved to Egeskovvej 21, Tolstrup, 8700 Horsens
20102 changescapital 1 · merger 1
  • Share capital changed from 17,000,000 DKK to 20,000,000 DKK
  • Merger registered in CVR
20081 changeindustry 1
  • Industry changed to Warehousing and storage (521000)
200712 changesindustry 1 · ownership 2 · name 1 · address 2 · capital 1 · management 4 · merger 1
  • Industry changed to Udlejning af erhvervsejendomme (702040)
  • DKI HOLDING A/S registered as owner (50%)
  • Værsø Invest ApS registered as owner (50%)
  • Name changed from EJENDOMSSELSKABET EGESKOVVEJ ApS to DKI LOGISTICS A/S
  • Moved to Ove Jensens Alle 35, 8700 Horsens
  • Share capital changed from 125,000 DKK to 17,000,000 DKK
  • Preben Thomas Borregaard appointed board member
  • Torben Bertin Hein appointed chair of the board
  • Poul Erik Andersen appointed board member
  • Torben Bertin Hein stepped down as director
  • Merger registered in CVR
  • Moved to Niels Bohrs Vej 45, Stilling, 8660 Skanderborg
20067 changesaddress 1 · management 4 · industry 1 · founded 1
  • Moved to Niels Bohrs Vej 45, Stilling, 8660 Skanderborg
  • Preben Thomas Borregaard appointed director
  • Torben Bertin Hein appointed director
  • Hans Erik Frost stepped down as director
  • Industry changed to Bygge- og anlægsentreprenører (bortset fra nedrivnings- og jordarbejdsentreprenører) (452100)
  • Registered as EJENDOMSSELSKABET EGESKOVVEJ ApS
  • Hans Erik Frost appointed director

Related companies

Same industry in Horsens

See all →

Same people in management

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.

View in CVRReport a correction