Tide Bus Danmark A/S
Public limited companyCVR 31347963Odense SActive
Tide Bus Danmark A/S is a public limited company, based in Odense S, active in scheduled passenger road transport, founded in 2008. After a loss in 2024, the company made a profit of DKK 3.9m in 2025. Measured by gross profit, it ranks no. 5 of 50 companies in the industry in the database. Operations are spread over 32 production units in 27 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 1% (2024 → 2025), to DKK 670m.
- Revenue rose 2% (2024 → 2025), to DKK 892m.
- Net profit went from a loss of DKK 6m to a profit of DKK 3.9m (2024 → 2025).
- Equity rose 2% (2024 → 2025), to DKK 190.2m.
Employees
- 10 more employees than a year earlier: 1,329 (07/2026) against 1,319 (07/2025).
Management and owners, last 24 months
- New in management: Martin Nielsen (deputy board member, 25/04/2025), Jørgen Drachmann Friis (board member, 25/04/2025) and Ståle Rene (deputy chair, 25/04/2025) (+6).
- Stepped down: Roger Rong Harkestad (chair of the board, 24/03/2025), Steen Rügge (ceo, 16/10/2025) and Martin Nielsen (board member, 24/04/2025) (+4).
Registrations, last 24 months
- 01/01/2025: Industry changed to Scheduled passenger road transport (493100)
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 | 527,378 | 538,182 | not stated | 893,111 | 876,227 | 892,014 | +1.8% |
| Gross profit | 385,808 | 393,778 | 508,968 | 670,053 | 661,982 | 669,963 | +1.2% |
| Operating profit (EBIT) | 20,857 | 28,332 | 39,201 | 63,647 | 32,085 | 32,219 | +0.4% |
| Profit before tax | 16,252 | 24,260 | 27,332 | 24,138 | −9,873 | 4,634 | +146.9% |
| Net profit | 15,664 | 19,410 | 22,709 | 21,142 | −6,034 | 3,887 | +164.4% |
| Total assets | 358,897 | 516,433 | 1,098,432 | 1,198,399 | 1,046,159 | 987,575 | −5.6% |
| Equity | 59,053 | 78,465 | 171,171 | 192,313 | 186,279 | 190,166 | +2.1% |
| Liabilities | 299,844 | 434,698 | 919,762 | 995,592 | 845,595 | 782,377 | −7.5% |
| Cash and cash equivalents | 67,161 | 2,057 | 65,624 | 81,365 | 14,286 | 15,184 | +6.3% |
| Average number of employees | 784 | 750 | – | 1,101 | 1,087 | 1,106 | +1.7% |
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 2022: 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 09/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 03/05/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 13/05/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 21/04/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 19/04/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 22/04/2021 | The group | 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
50 companies in the databaseComparison with the other companies in scheduled passenger road transport based on the latest financial year.
Industry median: gross profit DKK 7.9m, net profit DKK 525k, equity DKK 3.2m, 12 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 1,000 employees or more177 companies in the comparison | No. 95of 147 Better than 36% | No. 141of 177 Better than 20% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 79of 24,791 Better than 100% | No. 807of 24,909 Better than 97% |
| All companies of type A/S18,025 companies in the comparison | No. 211of 17,786 Better than 99% | No. 1,487of 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
Scheduled passenger road transport- Tide Bus Danmark A/SDKK 670m
- Umove Holding A/SDKK 1.2bn
- Umove A/SDKK 1.2bn
- Tide Bus Danmark A/SDKK 3.9m
- Umove Holding A/S−DKK 72.4m
- Umove A/S−DKK 59.9m
- Tide Bus Danmark A/SDKK 190.2m
- Umove Holding A/SDKK 431.5m
- Umove A/SDKK 1bn
- Tide Bus Danmark A/S1,329
- Umove Holding A/S3
- Umove A/S2,616
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Tide AS100%
Subsidiaries are shown only if they are in the database.
Management
9 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jakob Petersen | CEO | 16/10/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jens Ørum Christensen | Board member | 21/04/2021 |
| Monica Nygård Jetmundsen | Board member | 24/04/2024 |
| Martin Nielsen | Deputy board member | 25/04/2025 |
| Jørgen Drachmann Friis | Board member | 25/04/2025 |
| Ståle Rene | Deputy chair | 25/04/2025 |
| Jørgen Haukås | Board member | 25/04/2025 |
| Ronny Risdal Paulsen | Chair of the board | 16/10/2025 |
| Marianne Røssland Frønsdal | Board member | 02/06/2026 |
- Founders
- KR 332 ApS
Former management (41)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Møgelmose | Board member | 31/03/2008 | 22/05/2008 |
| Peter Kim Ketelsen | Chair of the board | 31/03/2008 | 22/05/2008 |
| Caroline Sundorph Pontoppidan | Board member | 31/03/2008 | 22/05/2008 |
| Caroline Sundorph Pontoppidan | Director | 31/03/2008 | 22/05/2008 |
| John Vestergaard Kristensen | Director | 22/05/2008 | 16/09/2010 |
| Gunnar Buvik | Board member | 22/05/2008 | 28/01/2010 |
| Atle Harald Sandtorv | Board member | 22/05/2008 | 02/03/2009 |
| Idar Sylta | Chair of the board | 22/05/2008 | 02/03/2009 |
| Knut Peder Eriksen | Board member | 02/03/2009 | 24/11/2010 |
| Janicke Stople | Board member | 28/01/2010 | 24/11/2010 |
| Flemming Jensen | CEO | 16/09/2010 | 01/02/2017 |
| Jostein Hatlebrekke | Deputy chair | 24/11/2010 | 29/11/2011 |
| Bjørn Ove Børnes | Chair of the board | 24/11/2010 | 06/09/2011 |
| Karstein Bremnes | Board member | 24/11/2010 | 24/04/2013 |
| Trond Østerhus | Board member | 24/11/2010 | 24/04/2013 |
| Egil Edvard Nylund | Board member | 24/11/2010 | 24/04/2013 |
| Bo Rolfshøj | Board member | 12/04/2011 | 23/04/2015 |
| Henrik Hansen | Board member | 12/04/2011 | 23/04/2015 |
| Lisbet Karin Nærø | Chair of the board | 27/06/2011 | 12/12/2013 |
| Øystein Disch Olsrød | Deputy chair | 12/12/2013 | 11/09/2015 |
| Jannicke Stople | Board member | 12/12/2013 | 23/04/2015 |
| Roger Rong Harkestad | Chair of the board | 12/12/2013 | 24/03/2025 |
| Brian Levin Hald | Board member | 23/04/2015 | 11/09/2015 |
| Lisbeth Nielsen | Board member | 23/04/2015 | 15/09/2017 |
| Christine Flataker Johannessen | Board member | 23/04/2015 | 06/12/2016 |
| Tine Kidmose Frederiksen | Board member | 11/09/2015 | 15/09/2017 |
| Ståle Rene | Deputy chair | 11/09/2015 | 06/12/2016 |
| Janicke Stople | Board member | 06/12/2016 | 17/04/2023 |
| Eirik Strat Sandnes | Board member | 06/12/2016 | 12/02/2024 |
| Stein Arnfinn Jakobsen | Deputy chair | 06/12/2016 | 21/04/2021 |
| Stein Arnfinn Jakobsen | CEO | 01/02/2017 | 06/03/2017 |
| Steen Rügge | CEO | 06/03/2017 | 16/10/2025 |
| Jørgen Bitsch | Board member | 15/09/2017 | 21/04/2021 |
| Torben Rasmussen | Board member | 15/09/2017 | 21/04/2021 |
| Martin Nielsen | Board member | 21/04/2021 | 24/04/2025 |
| Christine Flataker Johannessen | Deputy chair | 21/04/2021 | 18/04/2023 |
| Janicke Stople | Deputy chair | 18/04/2023 | 24/04/2024 |
| Stine Lundanes | Board member | 18/04/2023 | 02/06/2026 |
| Jørgen Haukås | Deputy chair | 24/04/2024 | 24/04/2025 |
| Ståle Rene | Board member | 24/03/2025 | 24/04/2025 |
| Stein Byrkjeland | Chair of the board | 24/03/2025 | 16/10/2025 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
32 active production unitsEgegårdsvej 20
5260 Odense S
Odense Municipality · Postcode 5260
Other companies at the address (4)
- Rutebilselskabet Haderslev A/SScheduled passenger road transport
- Danica Godkendt Revisionsfirma ApSAccounting, bookkeeping and auditing; tax consultancy
- Ambo Ejendomsservice ApSRenting of commercial property
- Boda Estate ApSRenting of commercial property
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Tide Bus Danmark A/S | Egnsplanvej 100, 9260 Gistrup | 366 | 1028022839 |
| TIDE BUS DANMARK A/S | Egegårdsvej 20, Hjallese, 5260 Odense S | 249 | 1014321779 |
| Tide Bus Danmark A/S | Sjællandsgade 50A, 7100 Vejle | 112 | 1028333923 |
| Tide Bus Danmark A/S | Kattegatvej 10, 6705 Esbjerg Ø | 101 | 1027450624 |
| Tide Bus Danmark A/S | Banegårdspladsen 4, 4700 Næstved | 63 | 1027764726 |
| Tide Bus Danmark A/S | Løimarksvej 11, 5610 Assens | 55 | 1021805803 |
| Tide Bus Danmark A/S | Bredhøjvej 19, 8600 Silkeborg | 44 | 1021488387 |
| Tide Bus Danmark A/S | L. Frandsensvej 4, 5600 Faaborg | 42 | 1017237884 |
| Tide Bus Danmark A/S | Møllevangen 8, 5300 Kerteminde | 39 | 1021806060 |
| Tide Bus Danmark A/S | Grønnemosevej 32, 5700 Svendborg | 38 | 1021806044 |
| Tide Bus Danmark A/S | Slipshavnsvej 12, 5800 Nyborg | 37 | 1021805986 |
| Tide Bus Danmark A/S | Taksvej 8, 7400 Herning | 33 | 1026945182 |
| Tide Bus Danmark A/S | Tolderlundsvej 106, 5000 Odense C | 29 | 1021806052 |
| Tide Bus Danmark A/S | Hededammen 4, 6705 Esbjerg Ø | 23 | 1032187877 |
| TIDE BUS DANMARK A/S | Vestergade 14, 5400 Bogense | 21 | 1023444549 |
Showing 15 of 32 units (sorted by employees).
Purpose
Selskabets formål er at drive transportvirksomhed ved personbefordring og anden hertil knyttet virksomhed efter bestyrelsens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
109 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementMarianne Røssland Frønsdal appointed board member
- ManagementStine Lundanes stepped down as board member
202516 changesmanagement 14 · accounts 1 · industry 1
- ManagementJakob Petersen appointed ceo
- ManagementRonny Risdal Paulsen appointed chair of the board
- ManagementStein Byrkjeland stepped down as chair of the board
- ManagementSteen Rügge stepped down as ceo
- AccountsAnnual report for 2024 published
- ManagementJørgen Haukås appointed board member
- ManagementJørgen Drachmann Friis appointed board member
- ManagementMartin Nielsen appointed deputy board member
- ManagementStåle Rene appointed deputy chair
- ManagementStåle Rene stepped down as board member
- ManagementJørgen Haukås stepped down as deputy chair
- ManagementMartin Nielsen stepped down as board member
- ManagementStein Byrkjeland appointed chair of the board
- ManagementStåle Rene appointed board member
- ManagementRoger Rong Harkestad stepped down as chair of the board
- IndustryIndustry changed to Scheduled passenger road transport (493100)
20245 changesaccounts 1 · management 4
- AccountsAnnual report for 2023 published
- ManagementJørgen Haukås appointed deputy chair
- ManagementMonica Nygård Jetmundsen appointed board member
- ManagementJanicke Stople stepped down as deputy chair
- ManagementEirik Strat Sandnes stepped down as board member
20236 changesaccounts 1 · management 4 · merger 1
- AccountsAnnual report for 2022 published
- ManagementJanicke Stople appointed deputy chair
- ManagementStine Lundanes appointed board member
- ManagementChristine Flataker Johannessen stepped down as deputy chair
- ManagementJanicke Stople stepped down as board member
- MergerMerger registered in CVR
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20217 changesaccounts 1 · management 6
- AccountsAnnual report for 2020 published
- ManagementChristine Flataker Johannessen appointed deputy chair
- ManagementJens Ørum Christensen appointed board member
- ManagementMartin Nielsen appointed board member
- ManagementTorben Rasmussen stepped down as board member
- ManagementJørgen Bitsch stepped down as board member
- ManagementStein Arnfinn Jakobsen stepped down as deputy chair
20179 changesmanagement 8 · capital 1
- ManagementTorben Rasmussen appointed board member
- ManagementJørgen Bitsch appointed board member
- ManagementTine Kidmose Frederiksen stepped down as board member
- ManagementLisbeth Nielsen stepped down as board member
- ManagementSteen Rügge appointed ceo
- ManagementStein Arnfinn Jakobsen stepped down as ceo
- CapitalShare capital changed from 1,500,000 DKK to 2,000,000 DKK
- ManagementStein Arnfinn Jakobsen appointed ceo
- ManagementFlemming Jensen stepped down as ceo
20166 changesmanagement 5 · merger 1
- ManagementEirik Strat Sandnes appointed board member
- ManagementStein Arnfinn Jakobsen appointed deputy chair
- ManagementJanicke Stople appointed board member
- ManagementStåle Rene stepped down as deputy chair
- ManagementChristine Flataker Johannessen stepped down as board member
- MergerMerger registered in CVR
201511 changesaddress 1 · management 10
- AddressMoved to Egegårdsvej 20, Hjallese, 5260 Odense S
- ManagementTine Kidmose Frederiksen appointed board member
- ManagementStåle Rene appointed deputy chair
- ManagementBrian Levin Hald stepped down as board member
- ManagementØystein Disch Olsrød stepped down as deputy chair
- ManagementBrian Levin Hald appointed board member
- ManagementChristine Flataker Johannessen appointed board member
- ManagementLisbeth Nielsen appointed board member
- ManagementJannicke Stople stepped down as board member
- ManagementHenrik Hansen stepped down as board member
- ManagementBo Rolfshøj stepped down as board member
20138 changesmanagement 7 · capital 1
- ManagementRoger Rong Harkestad appointed chair of the board
- ManagementJannicke Stople appointed board member
- ManagementØystein Disch Olsrød appointed deputy chair
- ManagementLisbet Karin Nærø stepped down as chair of the board
- CapitalShare capital changed from 1,000,000 DKK to 1,500,000 DKK
- ManagementKarstein Bremnes stepped down as board member
- ManagementEgil Edvard Nylund stepped down as board member
- ManagementTrond Østerhus stepped down as board member
20115 changesmanagement 5
- ManagementJostein Hatlebrekke stepped down as deputy chair
- ManagementBjørn Ove Børnes stepped down as chair of the board
- ManagementLisbet Karin Nærø appointed chair of the board
- ManagementHenrik Hansen appointed board member
- ManagementBo Rolfshøj appointed board member
201011 changesmanagement 11
- ManagementKarstein Bremnes appointed board member
- ManagementEgil Edvard Nylund appointed board member
- ManagementTrond Østerhus appointed board member
- ManagementBjørn Ove Børnes appointed chair of the board
- ManagementJostein Hatlebrekke appointed deputy chair
- ManagementJanicke Stople stepped down as board member
- ManagementKnut Peder Eriksen stepped down as board member
- ManagementFlemming Jensen appointed ceo
- ManagementJohn Vestergaard Kristensen stepped down as director
- ManagementJanicke Stople appointed board member
- ManagementGunnar Buvik stepped down as board member
20094 changescapital 1 · management 3
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
- ManagementKnut Peder Eriksen appointed board member
- ManagementIdar Sylta stepped down as chair of the board
- ManagementAtle Harald Sandtorv stepped down as board member
200817 changesindustry 1 · name 1 · address 1 · management 12 · founded 1 · ownership 1
- IndustryIndustry changed to Rutebuskørsel, by- og nærtrafik (493110)
- NameName changed from KR 510 A/S to TIDE BUS DANMARK A/S
- AddressMoved to Østre Stationsvej 33, 5000 Odense C
- ManagementJohn Vestergaard Kristensen appointed director
- ManagementIdar Sylta appointed chair of the board
- ManagementAtle Harald Sandtorv appointed board member
- ManagementGunnar Buvik appointed board member
- ManagementCaroline Sundorph Pontoppidan stepped down as board member
- ManagementCaroline Sundorph Pontoppidan stepped down as director
- ManagementHenrik Møgelmose stepped down as board member
- ManagementPeter Kim Ketelsen stepped down as chair of the board
- FoundedRegistered as KR 510 A/S
- ManagementCaroline Sundorph Pontoppidan appointed board member
- ManagementCaroline Sundorph Pontoppidan appointed director
- ManagementHenrik Møgelmose appointed board member
- ManagementPeter Kim Ketelsen appointed chair of the board
- OwnershipTide AS registered as owner (100%)
Related companies
Same industry in Odense
- Rutebilselskabet Haderslev A/S33 employees
- Taxa Syd Busser A/S25 employees
Same people in management
- Vikingbus Danmark A/Svia John Vestergaard Kristensen
- Bygma A/Svia Henrik Møgelmose
- EY Godkendt Revisionspartnerselskabvia Caroline Sundorph Pontoppidan
- GoCollective Bus A/Svia Jørgen Bitsch
- SATS Danmark A/Svia Henrik Møgelmose
- PARKEN Services A/Svia Henrik Møgelmose
Largest in the industry
- Umove Holding A/SDKK 1.2bn
- Umove A/SDKK 1.2bn
- Vikingbus Danmark A/SDKK 780.7m
- GoCollective Bus A/SDKK 735m
- Ditobus Gruppen A/SDKK 527.1m
- Nobina A/SDKK 362m
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.