Owners, management and financials
CVR: 18518090
Secondary names: Keolis Aarhus Letbane A/S, Keolis Aarhus Light Rail A/S
Previous names: PBH NR. 22.814 ApS, NORDJYSK BUSTRAFIK ApS, NETBUS LEASING 2010 ApS
DKK 124,870,000
Revenue
Net result: DKK 9,050,000
KEOLIS DANMARK A/S (100%)
CVR · view owners
Thomas Friis Brændstrup
Board: Peter Lanng Nielsen (chair) and 1 member
CVR · view management
Active
Founded 1 May 1995
CVR · view overview
87 employees
CVR · 2018
Name registered: Keolis Letbaner A/S
CVR · 21/12/2018
View the full event history
Keolis Letbaner A/S is a Danish company of the type Aktieselskab based in Glostrup, founded in 1995. The company is registered under the industry Persontransport med nærbane. The company was previously named Keolis Aarhus Letbane A/S and NB LEASING 2010 ApS. The management consists of Thomas Friis Brændstrup. The board consists of Peter Lanng Nielsen (chair) and Julien Georges Louis Wolff. The company is owned by KEOLIS DANMARK A/S. The company has 87 employees (2018). In 2025, the company reported revenue of DKK 124,870,000 and a net result of DKK 9,050,000 compared with DKK 12,959,000 the year before. Equity in the 2025 report amounted to DKK 18,818,000.
Source: annual report 2025, Danish Business Authority
Keolis Letbaner A/S demonstrates a solid financial trajectory, with revenue increasing from 63.7 million DKK in 2021 to 124.9 million DKK in 2025. Profitability has shown fluctuations, peaking at 12.96 million DKK in 2024 before declining to 9.05 million DKK in 2025, indicating potential challenges in maintaining margins. The company's equity has decreased significantly from 41.77 million DKK in 2021 to 18.82 million DKK in 2025, raising concerns about its financial stability. Positioned within the local transport sector, Keolis Letbaner A/S has experienced substantial growth, but its declining equity and profit margins warrant close monitoring.
AI-generated summary · Generated 03/06/2026
Selskabets formål er letbanedrift og dermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 124.9 mio. | 9.1 mio. | 43.7 mio. | 18.8 mio. | 187 | |
| 202401/01/2024 – 31/12/2024 | 121.2 mio. | 13 mio. | 53.4 mio. | 29.8 mio. | 187 | |
| 202301/01/2023 – 31/12/2023 | 119.3 mio. | 12.4 mio. | 73.8 mio. | 36.8 mio. | 182 | |
| 202201/01/2022 – 31/12/2022 | 92.2 mio. | 7.6 mio. | 64.8 mio. | 39.4 mio. | 177 | |
| 202101/01/2021 – 31/12/2021 | 63.7 mio. | 7 mio. | 55.5 mio. | 41.8 mio. | 151 | |
| 202001/01/2020 – 31/12/2020 | 64.7 mia. | 6.5 mia. | 55.9 mia. | 34.8 mia. | 106 | |
| 201901/01/2019 – 31/12/2019 | 61.8 mio. | 6.5 mio. | 46.6 mio. | 28.3 mio. | 99 | |
| 201801/01/2018 – 31/12/2018 | - | 6.9 mio. | 48.7 mio. | 31.4 mio. | 80 | |
| 201701/01/2017 – 31/12/2017 | - | 7.3 mio. | 30.4 mio. | 24.6 mio. | 33 | |
| 201601/01/2016 – 31/12/2016 | - | 2.3 mio. | 18.8 mio. | 17.3 mio. | - | |
| 201501/01/2015 – 31/12/2015 | - | 2.3 mio. | 16.8 mio. | 15 mio. | 1 | |
| 201401/01/2014 – 31/12/2014 | - | 73 t. | 37 mio. | 12.7 mio. | - | |
| 201301/01/2013 – 31/12/2013 | - | 330 t. | 41 mio. | 12.6 mio. | - | |
| 201201/01/2012 – 31/12/2012 | - | 293 t. | 44.8 mio. | 12.3 mio. | - |
Compared to 6 companies in Persontransport med nærbane
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of Keolis Letbaner A/S is 18518090.
Keolis Letbaner A/S is owned by KEOLIS DANMARK A/S.
The management of Keolis Letbaner A/S consists of Thomas Friis Brændstrup.
The board of Keolis Letbaner A/S consists of Peter Lanng Nielsen and Julien Georges Louis Wolff, with Peter Lanng Nielsen as chair.
In 2025, Keolis Letbaner A/S reported revenue of DKK 124,870,000.
Keolis Letbaner A/S had 87 employees in 2018 according to the Danish CVR register.
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As of September 8, 2026, Jan Erik Anders Kilström has left the board of directors of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2025. Revenue came to DKK 124,870,000, and the net result was DKK 9,050,000.
Keolis Letbaner A/S has published its annual report for 2024. Revenue came to DKK 121,162,000, and the net result was DKK 12,959,000.
Keolis Letbaner A/S has published its annual report for 2023. Revenue came to DKK 119,286,000, and the net result was DKK 12,438,000.
As of February 26, 2024, Julien Georges Louis Wolff has joined the board of directors of Keolis Letbaner A/S.
As of February 26, 2024, Alice Anne Chris Coppolani has left the board of directors of Keolis Letbaner A/S.
As of October 5, 2023, Jan Erik Anders Kilström has joined the board of directors of Keolis Letbaner A/S.
As of October 5, 2023, Arnaud Van Troeyen has left the board of directors of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2022. Revenue came to DKK 92,196,379, and the net result was DKK 7,579,339.
Keolis Letbaner A/S has published its annual report for 2021. Revenue came to DKK 63,680,730, and the net result was DKK 6,960,077.
Keolis Letbaner A/S has published its annual report for 2020. Revenue came to DKK 64,726,285,000, and the net result was DKK 6,492,905,000.
Keolis Letbaner A/S has published its annual report for 2019. Revenue came to DKK 61,816,205, and the net result was DKK 6,457,206.
As of June 10, 2020, Alice Anne Chris Coppolani has joined the board of directors of Keolis Letbaner A/S.
As of June 10, 2020, Stéphanie de Lillo has left the board of directors of Keolis Letbaner A/S.
As of November 4, 2019, Gry Miriam Olsen has left the board of directors of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2018. Gross profit came to DKK 50,503,006, and the net result was DKK 6,856,605.
On December 21, 2018, the company changed its name from Keolis Aarhus Letbane A/S to Keolis Letbaner A/S.
As of December 5, 2018, Arnaud Van Troeyen has joined the board of directors of Keolis Letbaner A/S.
As of December 5, 2018, Stéphanie de Lillo has joined the board of directors of Keolis Letbaner A/S.
As of December 5, 2018, Marc Emile Willy Renouprez has left the board of directors of Keolis Letbaner A/S.
As of December 5, 2018, Nicolas Luc Daniel Vandevyver has left the board of directors of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2017. Gross profit came to DKK 34,988,527, and the net result was DKK 7,307,053.
As of May 29, 2018, Régis Dominique Philippe Marie Hennion has left the board of directors of Keolis Letbaner A/S.
As of March 28, 2018, EY Godkendt Revisionspartnerselskab has been appointed auditor of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2016. Gross profit came to DKK 8,136,179, and the net result was DKK 2,299,092.
As of July 1, 2016, Peter Lanng Nielsen has joined the board of directors of Keolis Letbaner A/S.
As of July 1, 2016, Marc Emile Willy Renouprez has joined the board of directors of Keolis Letbaner A/S.
As of July 1, 2016, Thomas Friis Brændstrup is registered as adm. dir. of Keolis Letbaner A/S.
As of July 1, 2016, Peter Lanng Nielsen has stepped down as adm. dir. of Keolis Letbaner A/S.
As of June 30, 2016, Marc Emile Willy Renouprez has left the board of directors of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2015. Gross profit came to DKK -96,771, and the net result was DKK 2,281,284.
As of May 20, 2016, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Keolis Letbaner A/S.
As of June 30, 2015, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Keolis Letbaner A/S.
As of June 30, 2015, Marc Emile Willy Renouprez has joined the board of directors of Keolis Letbaner A/S.
As of June 30, 2015, Nicolas Luc Daniel Vandevyver has joined the board of directors of Keolis Letbaner A/S.
As of June 30, 2015, Gry Miriam Olsen has joined the board of directors of Keolis Letbaner A/S.
As of June 30, 2015, Régis Dominique Philippe Marie Hennion has joined the board of directors of Keolis Letbaner A/S.
On June 30, 2015, the company changed its name from NB LEASING 2010 ApS to Keolis Aarhus Letbane A/S.
Keolis Letbaner A/S has published its annual report for 2014. Gross profit came to DKK -25,000, and the net result was DKK 72,925.
As of April 17, 2015, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Keolis Letbaner A/S.
As of September 29, 2014, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Keolis Letbaner A/S.
As of September 29, 2014, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Keolis Letbaner A/S.
On September 29, 2014, the company changed its name from NETTBUSS LEASING 2010 ApS to NB LEASING 2010 ApS.
Keolis Letbaner A/S has published its annual report for 2013. Gross profit came to DKK -11,100, and the net result was DKK 330,324.
As of September 18, 2013, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Keolis Letbaner A/S.
As of September 18, 2013, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Keolis Letbaner A/S.
Keolis Letbaner A/S has published its annual report for 2012. Gross profit came to DKK -68,798, and the net result was DKK 292,676.
As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Keolis Letbaner A/S.
As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of Keolis Letbaner A/S.
On December 13, 2010, the company changed its name from NETBUS LEASING 2010 ApS to NETTBUSS LEASING 2010 ApS.
On July 30, 2010, the company changed its name from NORDJYSK BUSTRAFIK ApS to NETBUS LEASING 2010 ApS.
As of May 30, 2010, KEOLIS DANMARK A/S is registered as an owner of Keolis Letbaner A/S with an ownership share of 100%.
As of March 1, 2010, Peter Lanng Nielsen is registered as adm. dir. of Keolis Letbaner A/S.
As of March 1, 2010, Johnny Bek has stepped down as director of Keolis Letbaner A/S.
As of September 29, 2009, Johnny Bek is registered as director of Keolis Letbaner A/S.
As of September 29, 2009, Erik Hein has stepped down as director of Keolis Letbaner A/S.
As of January 11, 2008, A/S PSE NR. 4820 has been appointed auditor of Keolis Letbaner A/S.
As of January 11, 2008, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has stepped down as auditor of Keolis Letbaner A/S.
As of January 11, 2008, Philip Søren Thorsen is registered as director of Keolis Letbaner A/S.
As of January 11, 2008, Erik Hein is registered as director of Keolis Letbaner A/S.
As of January 11, 2008, Leif Bætz Larsen has stepped down as director of Keolis Letbaner A/S.
As of January 11, 2008, Philip Søren Thorsen has stepped down as director of Keolis Letbaner A/S.
As of August 11, 2006, REDMARK, GODKENDT REVISIONSPARTNERSELSKAB has been appointed auditor of Keolis Letbaner A/S.
As of August 11, 2006, STATSAUTORISERET REVISIONSAKTIESELSKAB AF 29/12 1995. has stepped down as auditor of Keolis Letbaner A/S.
As of November 9, 2004, Leif Bætz Larsen has left the board of directors of Keolis Letbaner A/S.
As of November 9, 2004, Anders Kristensen has left the board of directors of Keolis Letbaner A/S.
As of November 9, 2004, Jane Larsen has left the board of directors of Keolis Letbaner A/S.
As of December 30, 2003, STATSAUTORISERET REVISIONSAKTIESELSKAB AF 29/12 1995. has been appointed auditor of Keolis Letbaner A/S.
As of December 30, 2003, REVISIONSFIRMAET ERIK NIELSEN & N.H. CHRISTENSEN A/S has stepped down as auditor of Keolis Letbaner A/S.
As of October 2, 2000, Jane Larsen has joined the board of directors of Keolis Letbaner A/S.
As of October 2, 2000, Carl Arne Jensen has left the board of directors of Keolis Letbaner A/S.
As of December 10, 1998, Leif Bætz Larsen is registered as director of Keolis Letbaner A/S.
As of December 10, 1998, Carl Arne Jensen has stepped down as director of Keolis Letbaner A/S.
On June 28, 1995, the company changed its name from PBH NR. 22.814 ApS to NORDJYSK BUSTRAFIK ApS.
As of June 27, 1995, Harry Aamann has stepped down as auditor of Keolis Letbaner A/S.
As of June 27, 1995, Preben Bang Henriksen has stepped down as director of Keolis Letbaner A/S.
As of May 1, 1995, Harry Aamann has been appointed auditor of Keolis Letbaner A/S.
As of May 1, 1995, REVISIONSFIRMAET ERIK NIELSEN & N.H. CHRISTENSEN A/S has been appointed auditor of Keolis Letbaner A/S.
As of May 1, 1995, Leif Bætz Larsen has joined the board of directors of Keolis Letbaner A/S.
As of May 1, 1995, Anders Kristensen has joined the board of directors of Keolis Letbaner A/S.
As of May 1, 1995, Carl Arne Jensen has joined the board of directors of Keolis Letbaner A/S.
As of May 1, 1995, Preben Bang Henriksen is registered as director of Keolis Letbaner A/S.
As of May 1, 1995, Carl Arne Jensen is registered as director of Keolis Letbaner A/S.
Keolis Letbaner A/S was founded on May 1, 1995.
