Management and financials
CVR: 34704724
DKK 412,036,000
Revenue
Net result: DKK -65,302,000
No owners listed
CVR · view owners
Michael Borre
Board: Anne-Marie Krog (chair) and 6 members
CVR · view management
Active
Founded 30 August 2012
CVR · view overview
29 employees
CVR · 2018
Director registered: Michael Borre
CVR · 01/01/2018
View the full event history
AARHUS LETBANE I/S is a Danish company of the type Interessentskab based in Aarhus C, founded in 2012. The company is registered under the industry Persontransport med nærbane. The management consists of Michael Borre. The board consists of Anne-Marie Krog (chair), Jakob Søgaard Clausen, Anders Paabøl Christensen and Charlotte Zeidler Holm Vigh. The company has 29 employees (2018). In 2025, the company reported revenue of DKK 412,036,000 and a net result of DKK -65,302,000 compared with DKK -64,800,000 the year before. Equity in the 2025 report amounted to DKK -316,656,000.
Source: annual report 2025, Danish Business Authority
The financial health of AARHUS LETBANE I/S shows significant challenges, marked by consistent losses over the past five years, culminating in a profit of -65,302,000 DKK for 2025. Revenue has been on an upward trend, increasing from 338,517,000 DKK in 2021 to 412,036,000 DKK in 2025, indicating a growing demand for its services. However, the company's equity position remains concerning, with a negative equity of -316,656,000 DKK as of 2025, reflecting substantial debt and operational challenges. For the first half of 2026, the company reported revenue of 205,486,000 DKK and a loss of -26,710,000 DKK, showing improvement compared to the same period in 2025, suggesting it may be on track to exceed the previous year's results if this trend continues. Overall, while revenue growth is promising, the persistent losses and negative equity raise significant concerns about long-term sustainability.
AI-generated summary · Generated 23/09/2026
Interessentskabets formål er at stå for anlæg, drift og vedligeholdelse af Aarhus Letbane, samt anden virksomhed, som har en naturlig forretningsmæssig sammenhæng med letbaneaktiviteterne. Interessentskabet kan forestå vedligeholdelsen af den af Banedanmark ejede Grenaabane mod fuld dækning af omkostningerne.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 412 mio. | -65.3 mio. | 2 mia. | -316.7 mio. | 28 | |
| 202401/01/2024 – 31/12/2024 | 374.2 mio. | -64.8 mio. | 2 mia. | -251.4 mio. | 24 | |
| 202301/01/2023 – 31/12/2023 | 358.4 mio. | -64.9 mio. | 2.1 mia. | -186.6 mio. | 25 | |
| 202201/01/2022 – 31/12/2022 | 339.9 mio. | -76.4 mio. | 2.3 mia. | -121.6 mio. | 26 | |
| 202101/01/2021 – 31/12/2021 | 338.5 mio. | -79.8 mio. | 2.4 mia. | -126.2 mio. | 24 | |
| 202001/01/2020 – 31/12/2020 | 300.6 mio. | -86.1 mio. | 2.4 mia. | -46.4 mio. | 24 | |
| 201901/01/2019 – 31/12/2019 | 280.5 mio. | -83.2 mio. | 2.5 mia. | 39.7 mio. | 21 | |
| 201801/01/2018 – 31/12/2018 | 135.1 mio. | -100.8 mio. | 2.7 mia. | 122.9 mio. | 20 | |
| 201701/01/2017 – 31/12/2017 | 829 t. | -709.1 mio. | 2.6 mia. | 184.5 mio. | 29 | |
| 201601/01/2016 – 31/12/2016 | - | -24.7 mio. | 2.9 mia. | 760.3 mio. | 29 | |
| 201501/01/2015 – 31/12/2015 | - | -10.4 mio. | 2 mia. | 592 mio. | 27 | |
| 201401/01/2014 – 31/12/2014 | - | -10 mio. | 1.6 mia. | 803.3 mio. | 22 |
Compared to 6 companies in Persontransport med nærbane
Comparison is based on industry median values
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37 properties
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Sources: TED (the EU tender database) and udbud.dk
16 public tenders issued
Showing 10 of 16 contracts
Sources: TED (the EU tender database) and udbud.dk
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Try company screeningThe CVR number of AARHUS LETBANE I/S is 34704724.
The management of AARHUS LETBANE I/S consists of Michael Borre.
The board of AARHUS LETBANE I/S consists of Anne-Marie Krog, Jakob Søgaard Clausen and Anders Paabøl Christensen, with Anne-Marie Krog as chair.
In 2025, AARHUS LETBANE I/S reported revenue of DKK 412,036,000.
AARHUS LETBANE I/S had 29 employees in 2018 according to the Danish CVR register.
AARHUS LETBANE I/S was founded on 30 August 2012.
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AARHUS LETBANE I/S has published its interim report for the period January 1, 2026 – June 30, 2026.
AARHUS LETBANE I/S has won the tender "Indgåelse af horisontal samarbejdsaftale for vedligeholdelse af Grenaabanen" issued by Banedanmark worth 105,000,000 DKK.
AARHUS LETBANE I/S has published its annual report for 2025. Revenue came to DKK 412,036,000, and the net result was DKK -65,302,000.
Contact info changed: new phone: 40316191, new email: [email protected] (March 23, 2026).
As of January 1, 2026, Hüseyin Arac has joined the board of directors of AARHUS LETBANE I/S.
As of January 1, 2026, Jakob Søgaard Clausen has joined the board of directors of AARHUS LETBANE I/S.
As of January 1, 2026, Anders Paabøl Christensen has joined the board of directors of AARHUS LETBANE I/S.
As of December 31, 2025, Arne Lægaard has left the board of directors of AARHUS LETBANE I/S.
As of December 31, 2025, Flemming Knudsen has left the board of directors of AARHUS LETBANE I/S.
As of December 31, 2025, Lone Hindø has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2025 – June 30, 2025.
AARHUS LETBANE I/S has published its annual report for 2024. Revenue came to DKK 374,192,000, and the net result was DKK -64,800,000.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2024 – June 30, 2024.
AARHUS LETBANE I/S has published its annual report for 2023. Revenue came to DKK 358,407,000, and the net result was DKK -64,940,000.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2023 – June 30, 2023.
AARHUS LETBANE I/S has published its annual report for 2022. Revenue came to DKK 339,938,000, and the net result was DKK -76,435,000.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2022 – June 30, 2022.
As of August 29, 2022, Nicolaj Halkjær Keiser Bang has joined the board of directors of AARHUS LETBANE I/S.
As of August 28, 2022, Steen Stavnsbo has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its annual report for 2021. Revenue came to DKK 338,517,000, and the net result was DKK -79,810,000.
As of March 1, 2022, Kirsten Suhr Bundgaard has joined the board of directors of AARHUS LETBANE I/S.
As of January 1, 2022, Steen Stavnsbo has joined the board of directors of AARHUS LETBANE I/S.
As of January 1, 2022, Lone Hindø has joined the board of directors of AARHUS LETBANE I/S.
As of December 31, 2021, Jørgen Andreas Nørby has left the board of directors of AARHUS LETBANE I/S.
As of December 31, 2021, Bünyamin Simsek has left the board of directors of AARHUS LETBANE I/S.
As of December 31, 2021, Jan Ravn Christensen has left the board of directors of AARHUS LETBANE I/S.
As of December 31, 2021, Lone Norlander Smith has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2021 – June 30, 2021.
AARHUS LETBANE I/S has published its annual report for 2020. Revenue came to DKK 300,604,000, and the net result was DKK -86,072,000.
As of February 3, 2021, Lone Norlander Smith has joined the board of directors of AARHUS LETBANE I/S.
As of February 2, 2021, Peter Hegner Bonfils has left the board of directors of AARHUS LETBANE I/S.
As of January 1, 2021, Anne-Marie Krog has joined the board of directors of AARHUS LETBANE I/S.
As of December 31, 2020, Steen Stavnsbo has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2020 – June 30, 2020.
As of September 1, 2020, Charlotte Zeidler Holm Vigh has joined the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its annual report for 2019. Revenue came to DKK 280,535,000, and the net result was DKK -83,214,000.
As of April 1, 2020, Peter Hegner Bonfils has joined the board of directors of AARHUS LETBANE I/S.
As of March 31, 2020, Keld Hvalsø Nedergaard has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2019 – June 30, 2019.
AARHUS LETBANE I/S has published its annual report for 2018. Revenue came to DKK 135,113,000, and the net result was DKK -100,762,000.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2018 – June 30, 2018.
AARHUS LETBANE I/S has published its annual report for 2017. Revenue came to DKK 829,000, and the net result was DKK -709,126,000.
As of March 1, 2018, Jørgen Andreas Nørby has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Arne Lægaard has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Steen Stavnsbo has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Flemming Knudsen has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Jan Ravn Christensen has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Keld Hvalsø Nedergaard has joined the board of directors of AARHUS LETBANE I/S.
As of March 1, 2018, Christian Merrild has left the board of directors of AARHUS LETBANE I/S.
As of February 28, 2018, Arne Lægaard has left the board of directors of AARHUS LETBANE I/S.
As of February 12, 2018, Christian Merrild has joined the board of directors of AARHUS LETBANE I/S.
As of February 12, 2018, Poul Erik Christensen has left the board of directors of AARHUS LETBANE I/S.
As of February 12, 2018, Johnny Børge Hansen has left the board of directors of AARHUS LETBANE I/S.
As of February 12, 2018, Kristian Würtz has left the board of directors of AARHUS LETBANE I/S.
As of February 11, 2018, Christian Merrild has left the board of directors of AARHUS LETBANE I/S.
As of February 1, 2018, Mette Skøt has left the board of directors of AARHUS LETBANE I/S.
As of January 1, 2018, Michael Borre is registered as director of AARHUS LETBANE I/S.
As of December 31, 2017, Claus Rehfeld Moshøj has stepped down as director of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2017 – June 30, 2017.
AARHUS LETBANE I/S has published its annual report for 2016. The net result was DKK -24,711,000.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2016 – June 30, 2016.
As of November 26, 2015, Arne Lægaard has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Bünyamin Simsek has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Christian Merrild has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Poul Erik Christensen has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Johnny Børge Hansen has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Mette Skøt has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Kristian Würtz has joined the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Erik Gjesing Elsborg has left the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Erik Jespersen has left the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Jens Erik Sørensen has left the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Lars Hansson has left the board of directors of AARHUS LETBANE I/S.
As of November 26, 2015, Lars Vildbrad has left the board of directors of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2015 – June 30, 2015.
AARHUS LETBANE I/S has published its annual report for 2014. The net result was DKK -9,990,000.
As of April 17, 2015, Christian Merrild has left the board of directors of AARHUS LETBANE I/S.
As of April 17, 2015, Anne-Grethe Foss has left the board of directors of AARHUS LETBANE I/S.
As of April 1, 2015, Rigsrevisionen has stepped down as auditor of AARHUS LETBANE I/S.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2014 – June 30, 2014.
AARHUS LETBANE I/S has published its annual report for 2013.
AARHUS LETBANE I/S has published its interim report for the period January 1, 2013 – June 30, 2013.
AARHUS LETBANE I/S has published its annual report for 2012.
As of March 5, 2013, Lars Vildbrad has joined the board of directors of AARHUS LETBANE I/S.
As of March 5, 2013, Henrik Brask Lund Pedersen has left the board of directors of AARHUS LETBANE I/S.
As of November 1, 2012, Claus Rehfeld Moshøj is registered as director of AARHUS LETBANE I/S.
As of October 31, 2012, Niels Schmidt has stepped down as director of AARHUS LETBANE I/S.
As of August 30, 2012, EY Godkendt Revisionspartnerselskab has been appointed auditor of AARHUS LETBANE I/S.
As of August 30, 2012, Rigsrevisionen has been appointed auditor of AARHUS LETBANE I/S.
As of August 30, 2012, Erik Gjesing Elsborg has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Christian Merrild has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Erik Jespersen has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Jens Erik Sørensen has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Anne-Grethe Foss has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Henrik Brask Lund Pedersen has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Lars Hansson has joined the board of directors of AARHUS LETBANE I/S.
As of August 30, 2012, Niels Schmidt is registered as director of AARHUS LETBANE I/S.
AARHUS LETBANE I/S was founded on August 30, 2012.
4 news items and press releases
Sources: Via Ritzau and Danish news media. Links open at the source.
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