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V38 A/S

Public limited companyCVR 37420301SlagelseActive

V38 A/S is a public limited company, based in Slagelse, active in non-scheduled passenger road transport, founded in 2016. Net profit fell 82% from 2024 to 2025, ending at DKK 99,544. With 16 employees, the company is about 6 times larger than the industry median. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 3.1m−26.3% vs. 2024
Net profitDKK 99,544−82.5% vs. 2024
EquityDKK 1.3m+8.3% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 26% (2024 → 2025), to DKK 3.1m.
  • Net profit fell 82% (2024 → 2025), to DKK 99,544.
  • Equity rose 8% (2024 → 2025), to DKK 1.3m.

Employees

  • 4 more employees than a year earlier: 16 (07/2026) against 12 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Non-scheduled passenger road transport (493200)

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 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2m202020212022202320242025
EquityNet profit
Financial figures for V38 A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5194792,0013,3234,1523,062−26.3%
Operating profit (EBIT)−52−88646148759135−82.3%
Profit before tax−56−90646148746139−81.4%
Net profit−56−90540148568100−82.5%
Total assets130149121,8583,0923,117+0.8%
Equity−27−405006261,1941,293+8.3%
Liabilities157544121,2331,8881,764−6.6%
Cash and cash equivalents130929617483138+66%
Average number of employees33610129−25%

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

DKK 0DKK 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
Gross profitMedian, the industry (166 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 25% from 12 in 2024 to 9 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 V38 A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/08/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202414/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202330/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202218/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202110/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/04/2021The 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
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

166 companies in the database

Comparison with the other companies in non-scheduled passenger road transport based on the latest financial year.

Gross profitDKK 3.1mNo. 47 of 166
Better than 72% of the companies in the industry
EquityDKK 1.3mNo. 52 of 166
Better than 69% of the companies in the industry
Number of employees16No. 32 of 166
Better than 81% of the companies in the industry

Industry median: gross profit DKK 1.1m, net profit DKK 54,083, equity DKK 357k, 3 employees.

DKK 100kDKK 710kDKK 5mDKK 35.8mDKK 132.3mHere
Distribution of gross profit for 159 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 fewer than 20 employees69,967 companies in the comparison
No. 22,185of 69,742
Better than 68%
No. 30,199of 69,964
Better than 57%
Same industry and fewer than 20 employees138 companies in the comparison
No. 22of 138
Better than 85%
No. 28of 138
Better than 80%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 12,873of 33,588
Better than 62%
No. 13,704of 33,687
Better than 59%
All companies of type A/S18,025 companies in the comparison
No. 13,588of 17,786
Better than 24%
No. 15,507of 18,024
Better than 14%

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

Non-scheduled passenger road transport
Gross profit
  1. V38 A/SDKK 3.1m
  2. Hb-care A/SDKK 254.3m
  3. Bergholdt A/SDKK 101.9m
Net profit
  1. V38 A/SDKK 99,544
  2. Hb-care A/S−DKK 17.3m
  3. Bergholdt A/SDKK 10.5m
Equity
  1. V38 A/SDKK 1.3m
  2. Hb-care A/SDKK 82.4m
  3. Bergholdt A/SDKK 71.1m
Employees
  1. V38 A/S16
  2. Hb-care A/S509
  3. Bergholdt A/S222

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
  • Mody Holding I ApS100%
V38 A/S

Management

4 active registrations

Executive management

Executive management at V38 A/S
NameRoleAppointed
Mohamad AlzaherCEO01/01/2019

Board of directors

Board of directors at V38 A/S
NameRoleAppointed
Mohamad AlzaherBoard member16/08/2023
Nirmin KanafaniChair of the board16/08/2023
Mohammad GidaBoard member16/08/2023
Founders
Mohamed Faqi Salim, Jamal Abdiqadir Ahmed
Former management (3)
Former management at V38 A/S
NameRoleAppointedResigned
Mohamed Faqi SalimDirector20/01/201614/05/2018
Jamal Abdiqadir AhmedDirector20/01/201612/05/2016
Abdel Majid AzghriCEO14/05/201801/01/2019

Signing rule: Virksomheden tegnes af direktionen.

Address and production units

1 active production units

Tjørne Alle 12B
4200 Slagelse

Slagelse Municipality · Postcode 4200

Other companies at the address (3)

  • Aspau ApSPassenger transport on demand in vehicle with driver
  • Tylos Service ApSPassenger transport on demand in vehicle with driver
  • Qnt ApSPassenger transport on demand in vehicle with driver
Production units
Production unitAddressEmployeesP number
V38 A/STjørne Alle 12B, 4200 Slagelse171021119187

Purpose

Selskabets formål er drift af passagerbefordring samt anden i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Non-scheduled passenger road transport (493200)
20241 changeaccounts 1
  • Annual report for 2023 published
20238 changesname 2 · capital 1 · management 3 · accounts 1 · address 1
  • Name changed from V38 ApS to V38 A/S
  • Share capital changed from 50,000 DKK to 400,000 DKK
  • Mohamad Alzaher appointed board member
  • Mohammad Gida appointed board member
  • Nirmin Kanafani appointed chair of the board
  • Name changed from V38 Taxi ApS to V38 ApS
  • Annual report for 2022 published
  • Moved to Tjørne Alle 12B, 4200 Slagelse
20223 changesname 1 · accounts 1 · industry 1
  • Name changed from Pep Pep Taxi ApS to V38 Taxi ApS
  • Annual report for 2021 published
  • Industry changed to Turistkørsel og anden landpassagertransport (493920)
20215 changesaddress 1 · ownership 3 · accounts 1
  • Moved to Farverland 4, 2600 Glostrup
  • Mody Holding I ApS registered as owner (100%)
  • Hassan Maraq is no longer registered as owner
  • Mody Holding I ApS is no longer registered as owner
  • Annual report for 2020 published
20205 changesownership 5
  • Mohamad Alzaher registered as owner (50%)
  • Mohamad Alzaher is no longer registered as owner
  • Hassan Maraq registered as owner (50%)
  • Mody Holding I ApS registered as owner (50%)
  • V38 AUTOHUSET ApS is no longer registered as owner
20197 changesaddress 2 · name 1 · management 2 · ownership 2
  • Moved to Rydagervej 12, 2620 Albertslund
  • Moved to Lillestræde 3A, Ganløse, 3660 Stenløse
  • Name changed from T-Express ApS to Pep Pep Taxi ApS
  • Mohamad Alzaher appointed ceo
  • Abdel Majid Azghri stepped down as ceo
  • V38 AUTOHUSET ApS registered as owner (100%)
  • Abdel Majid Azghri is no longer registered as owner
20186 changesname 1 · address 1 · management 2 · ownership 2
  • Name changed from Abs-Trafik ApS to T-Express ApS
  • Moved to Korsdalsvej 127, 2610 Rødovre
  • Abdel Majid Azghri appointed ceo
  • Mohamed Faqi Salim stepped down as director
  • Abdel Majid Azghri registered as owner (100%)
  • Mohamed Faqi Salim is no longer registered as owner
20165 changesownership 1 · management 3 · founded 1
  • Mohamed Faqi Salim registered as owner (100%)
  • Jamal Abdiqadir Ahmed stepped down as director
  • Registered as Abs-Trafik ApS
  • Mohamed Faqi Salim appointed director
  • Jamal Abdiqadir Ahmed appointed director

Related companies

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Same people in management

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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.

View in CVRReport a correction