TSM Transport ApS
Private limited companyCVR 38649914KorsørActive
TSM Transport ApS is a private limited company, based in Korsør, active in freight transport by road, founded in 2017. Equity was negative at the end of 2025 (−DKK 13,634). The company went from a profit in 2024 to a loss of DKK 328k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 4% (2024 → 2025), to DKK 505k.
- Net profit went from a profit of DKK 83,734 to a loss of DKK 328k (2024 → 2025).
- Equity turned negative: −DKK 13,634 (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 3 (07/2026) against 4 (07/2025).
Management and owners, last 24 months
- Stepped down: Kaare Stender Mortensen (director, 25/03/2026).
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 | −95 | 93 | 409 | 258 | 525 | 505 | −3.7% |
| Operating profit (EBIT) | −207 | −111 | 116 | −193 | 135 | −395 | −393.5% |
| Profit before tax | −231 | −134 | 93 | −216 | 107 | −423 | −493.8% |
| Net profit | −183 | −105 | 72 | −168 | 84 | −328 | −491.8% |
| Total assets | 997 | 1,299 | 1,265 | 1,228 | 1,429 | 1,598 | +11.9% |
| Equity | 71 | 327 | 399 | 231 | 314 | −14 | −104.3% |
| Liabilities | 925 | 972 | 866 | 998 | 1,114 | 1,612 | +44.7% |
| Cash and cash equivalents | 126 | 95 | 82 | 13 | 239 | 519 | +117.2% |
| Average number of employees | 0 | 0 | 1 | 2 | 1 | 2 | +100% |
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 figuresNegative equity
Equity was −DKK 13,634 at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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 | 01/10/2024 – 30/09/2025 | 25/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 20/02/2025 | The company | PDF not statedXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 25/03/2024 | The company | PDF not statedXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 21/03/2023 | The company | PDF not statedXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 10/02/2022 | The company | PDF not statedXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 17/03/2021 | The company | PDF not statedXBRL |
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
1,411 companies in the databaseComparison with the other companies in freight transport by road based on the latest financial year.
Industry median: gross profit DKK 4m, net profit DKK 253k, equity DKK 1.7m, 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. 54,164of 69,742 Better than 22% | No. 60,428of 69,964 Better than 14% |
| Same industry and fewer than 20 employees1,059 companies in the comparison | No. 905of 1,059 Better than 15% | No. 959of 1,059 Better than 9% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 27,562of 33,588 Better than 18% | No. 28,527of 33,687 Better than 15% |
| All companies of type ApS66,508 companies in the comparison | No. 52,119of 66,379 Better than 21% | No. 56,738of 66,505 Better than 15% |
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
Freight transport by road- TSM Transport ApSDKK 505k
- Danske Fragtmænd A/SDKK 682.3m
- Hcs A/S Transport & SpeditionDKK 598.2m
- TSM Transport ApS−DKK 328k
- Danske Fragtmænd A/SDKK 87.6m
- Hcs A/S Transport & SpeditionDKK 189.4m
- TSM Transport ApS−DKK 13,634
- Danske Fragtmænd A/SDKK 546.8m
- Hcs A/S Transport & SpeditionDKK 439.4m
- TSM Transport ApS3
- Danske Fragtmænd A/S1,272
- Hcs A/S Transport & Spedition483
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Tobias Stender Mortensen33.33%
- K.s.m. Net Helpers ApS50%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Tobias Stender Mortensen | CEO | 01/12/2020 |
- Founders
- Tobias Stender Mortensen, K.s.m. Net Helpers ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kaare Stender Mortensen | Director | 17/05/2017 | 25/03/2026 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsHulbyvej 48A
4220 Korsør
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TSM Transport ApS | Hulbyvej 48A, 4220 Korsør | 3 | 1022453919 |
Purpose
Selskabets formål er at drive vognmandsvirksomhed med godstransport for fremmed regning samt maskinstation, landbrug og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20262 changesmanagement 1 · accounts 1
- ManagementKaare Stender Mortensen stepped down as director
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20215 changescapital 1 · ownership 2 · accounts 1 · address 1
- CapitalShare capital changed from 60,000 DKK to 66,000 DKK
- OwnershipK.S.M. NET HELPERS ApS registered as owner (50%)
- OwnershipK.S.M. NET HELPERS ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
- AddressMoved to Hulbyvej 48A, 4220 Korsør
20204 changesname 1 · industry 1 · management 1 · capital 1
- NameName changed from TSM Markservice ApS to TSM Transport ApS
- IndustryIndustry changed to Freight transport by road (494100)
- ManagementTobias Stender Mortensen appointed ceo
- CapitalShare capital changed from 50,000 DKK to 60,000 DKK
20174 changesfounded 1 · management 1 · ownership 2
- FoundedRegistered as TSM Markservice ApS
- ManagementKaare Stender Mortensen appointed director
- OwnershipK.S.M. NET HELPERS ApS registered as owner (50%)
- OwnershipTobias Stender Mortensen registered as owner (33.33%)
Related companies
Same industry in Slagelse
- Hls Fragt A/S144 employees
- Mjt ApS51 employees
- Laur. Christensen og Sønner A/S41 employees
- Dalmose Vognmandsforretning ApS31 employees
- Masri ApS16 employees
- Jad.b ApS15 employees
Largest in the industry
- Danske Fragtmænd A/SDKK 682.3m
- Hcs A/S Transport & SpeditionDKK 598.2m
- Alex Andersen. Ølund A/SDKK 312.1m
- Kaj Madsen A/SDKK 298.8m
- Nagel Liller A/SDKK 270.9m
- Anders Nielsen & Co A/SDKK 270.4m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.