Owners, management and financials
CVR: 40854126
Previous names: KR 1927 ApS, Phoenix IV ApS, Phoenix IV A/S
USD 386,775,000
Revenue
Net result: USD -26,899,000
A/S MAERSK AVIATION HOLDING (100%)
CVR · view owners
Lars Jordahn
Board: Mette Christensen (chair) and 2 members
CVR · view management
Active
Founded 11 October 2019
CVR · view overview
159 employees
CVR · 2026
Owner registered: A/S MAERSK AVIATION HOLDING
CVR · 10/02/2025
View the full event history
Maersk Air Cargo A/S is a Danish company of the type Aktieselskab based in København K, founded in 2019. The company is registered under the industry Lufttransport af gods. The company was previously named Phoenix IV A/S and Phoenix IV ApS. The management consists of Lars Jordahn. The board consists of Mette Christensen (chair), Christoph Hemmann and Jacob Ramsgaard Nielsen. The company is owned by A/S MAERSK AVIATION HOLDING. The company has 159 employees (2026). In 2025, the company reported revenue of USD 386,775,000 and a net result of USD -26,899,000 compared with USD -29,395,000 the year before. Equity in the 2025 report amounted to USD 14,716,000.
Source: annual report 2025, Danish Business Authority
The financial health of Maersk Air Cargo A/S shows a concerning trend, with consistent losses over the past three years, culminating in a profit of -26.9 million USD in 2025 despite a revenue increase to 386.8 million USD. While revenue has grown significantly from 166.9 million USD in 2022 to 386.8 million USD in 2025, gross profit margins remain under pressure, reflecting operational challenges. The company's equity has declined sharply from 109.4 million USD in 2022 to 14.7 million USD in 2025, raising concerns about its financial stability. Positioned within the air cargo industry, Maersk Air Cargo A/S is facing significant challenges that could impact its competitive standing if profitability does not improve.
AI-generated summary · Generated 20/08/2026
Selskabets formål er at drive international luftfart samt anden hermed 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 | 386.8 mio. USD | -26.9 mio. USD | 312.4 mio. USD | 14.7 mio. USD | 177 | |
| 202401/01/2024 – 31/12/2024 | 282.8 mio. USD | -29.4 mio. USD | 472.9 mio. USD | 41.2 mio. USD | 151 | |
| 202301/01/2023 – 31/12/2023 | 201.9 mio. USD | -29.7 mio. USD | 350.8 mio. USD | 70.6 mio. USD | 142 | |
| 202201/01/2022 – 31/12/2022 | 166.9 mio. USD | 9.2 mio. USD | 240 mio. USD | 109.4 mio. USD | 116 | |
| 202101/01/2021 – 31/12/2021 | - | 0 | 40 | 40 | 0 |
Compared to 12 companies in Lufttransport af gods
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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Set up monitoringThe CVR number of Maersk Air Cargo A/S is 40854126.
Maersk Air Cargo A/S is owned by A/S MAERSK AVIATION HOLDING.
The management of Maersk Air Cargo A/S consists of Lars Jordahn.
The board of Maersk Air Cargo A/S consists of Mette Christensen, Christoph Hemmann and Jacob Ramsgaard Nielsen, with Mette Christensen as chair.
In 2025, Maersk Air Cargo A/S reported revenue of USD 386,775,000.
Maersk Air Cargo A/S had 159 employees in 2026 according to the Danish CVR register.
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Maersk Air Cargo A/S has published its annual report for 2025. Revenue came to DKK 386,775,000, and the net result was DKK -26,899,000.
As of January 5, 2026, Christoph Hemmann has joined the board of directors of Maersk Air Cargo A/S.
As of January 5, 2026, Ahmed Hassan has left the board of directors of Maersk Air Cargo A/S.
As of January 5, 2026, Yogesh Agarwal has left the board of directors of Maersk Air Cargo A/S.
As of January 5, 2026, Murali Rajaa Rajamani has left the board of directors of Maersk Air Cargo A/S.
Maersk Air Cargo A/S has published its annual report for 2024. Revenue came to DKK 282,795,000, and the net result was DKK -29,395,000.
As of April 22, 2025, Mette Christensen has joined the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Ahmed Hassan has joined the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Yogesh Agarwal has joined the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Lars Jordahn has left the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Casper Munch has left the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Aruna Hussain has left the board of directors of Maersk Air Cargo A/S.
As of April 22, 2025, Johan Martin Mortensen has left the board of directors of Maersk Air Cargo A/S.
As of April 21, 2025, Mette Christensen has left the board of directors of Maersk Air Cargo A/S.
As of February 10, 2025, A/S MAERSK AVIATION HOLDING is registered as an owner of Maersk Air Cargo A/S with an ownership share of 100%.
As of November 1, 2024, Jacob Ramsgaard Nielsen has joined the board of directors of Maersk Air Cargo A/S.
As of November 1, 2024, Lars Jordahn has joined the board of directors of Maersk Air Cargo A/S.
As of November 1, 2024, Mette Christensen has joined the board of directors of Maersk Air Cargo A/S.
Maersk Air Cargo A/S has published its annual report for 2023. Revenue came to DKK 201,935,000, and the net result was DKK -29,728,000.
As of April 15, 2024, Murali Rajaa Rajamani has joined the board of directors of Maersk Air Cargo A/S.
As of April 15, 2024, Michel Pozas Lucic has left the board of directors of Maersk Air Cargo A/S.
As of March 1, 2024, Casper Munch has joined the board of directors of Maersk Air Cargo A/S.
As of March 1, 2024, Aruna Hussain has joined the board of directors of Maersk Air Cargo A/S.
As of March 1, 2024, Lars Jordahn is registered as director of Maersk Air Cargo A/S.
As of March 1, 2024, Peter Slange Corfitsen has stepped down as adm. dir. of Maersk Air Cargo A/S.
As of February 29, 2024, Casper Munch has left the board of directors of Maersk Air Cargo A/S.
As of February 29, 2024, Aruna Hussain has left the board of directors of Maersk Air Cargo A/S.
Maersk Air Cargo A/S has published its annual report for 2022. Revenue came to DKK 166,924,000, and the net result was DKK 9,151,000.
As of April 26, 2023, Aruna Hussain has joined the board of directors of Maersk Air Cargo A/S.
As of April 26, 2023, Johan Martin Mortensen has joined the board of directors of Maersk Air Cargo A/S.
As of April 26, 2023, Jacob Ramsgaard Nielsen has left the board of directors of Maersk Air Cargo A/S.
As of November 1, 2022, Jacob Ramsgaard Nielsen has joined the board of directors of Maersk Air Cargo A/S.
As of November 1, 2022, Jakob Wegge-Larsen has left the board of directors of Maersk Air Cargo A/S.
As of October 18, 2022, Sean Stanley Fitzgerald has left the board of directors of Maersk Air Cargo A/S.
As of August 17, 2022, Michel Pozas Lucic has joined the board of directors of Maersk Air Cargo A/S.
As of August 17, 2022, Torben Bengtsson has left the board of directors of Maersk Air Cargo A/S.
Maersk Air Cargo A/S has published its annual report for 2021. The net result was DKK 0.
As of March 24, 2022, Jakob Wegge-Larsen has joined the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Torben Bengtsson has joined the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Casper Munch has joined the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Sean Stanley Fitzgerald has joined the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Jacob Ramsgaard Nielsen has left the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Mette Christensen has left the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Carsten Hviid-Hansen has left the board of directors of Maersk Air Cargo A/S.
As of March 24, 2022, Peter Slange Corfitsen is registered as adm. dir. of Maersk Air Cargo A/S.
As of March 24, 2022, Jacob Ramsgaard Nielsen has stepped down as director of Maersk Air Cargo A/S.
On March 24, 2022, the company changed its name from Phoenix IV A/S to Maersk Air Cargo A/S.
On March 15, 2022, the company changed its name from Phoenix IV ApS to Phoenix IV A/S.
As of February 10, 2022, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Maersk Air Cargo A/S.
As of February 10, 2022, Jacob Ramsgaard Nielsen has joined the board of directors of Maersk Air Cargo A/S.
As of February 10, 2022, Mette Christensen has joined the board of directors of Maersk Air Cargo A/S.
As of February 10, 2022, Carsten Hviid-Hansen has joined the board of directors of Maersk Air Cargo A/S.
As of February 10, 2022, Jacob Ramsgaard Nielsen is registered as director of Maersk Air Cargo A/S.
As of February 10, 2022, Bent Kemplar has stepped down as director of Maersk Air Cargo A/S.
On February 10, 2022, the company changed its name from KR 1927 ApS to Phoenix IV ApS.
Maersk Air Cargo A/S has published its interim report for the period October 11, 2019 to December 31, 2020.
As of October 11, 2019, Bent Kemplar is registered as director of Maersk Air Cargo A/S.
Maersk Air Cargo A/S was founded on October 11, 2019.
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