CityJet A/S

CVR 34576890 · Public limited company (A/S) · Active · Low risk

CityJet A/S is a Public limited company (A/S), founded on , based in Kastrup. The company is registered in the industry passagertransport med rutefly. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 14 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 235k and a net result of DKK -18.1m.

Bankruptcy risk for CityJet A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Restated annual reports2+ · bankruptcy rate 4.4%0.49×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
34576890
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Kystvejen 2
2770 Kastrup
Municipality
Tårnby
Industry
Passagertransport med rutefly (511010)
Bankruptcies in the industry: Anden engroshandel
Share capital
DKK 600k
Employees
182 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 14
Missing annual reportNo
Negative equityNo
Equity ratio1.0%
Current ratio92%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 332.5mDKK 331.4mDKK 320.4m
Gross profitDKK 308.3mDKK 310.2mDKK 297.8m
Net profitDKK -18.1mDKK 2.6mDKK 4.8m
EquityDKK 235kDKK 18.4mDKK 15.7m
Total assetsDKK 23.3mDKK 32.1mDKK 27.3m
CashDKK 19.1mDKK 19.1m–
Short-term debtDKK 23.0mDKK 13.7m–
Tax owedDKK 214kDKK 361k–
Avg. employees420457–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022188 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 2019276 Late
1 Jan 2018 – 31 Dec 2018192 Late
1 Nov 2016 – 31 Dec 2017172
1 Nov 2015 – 31 Oct 2016179
1 Jan 2015 – 31 Oct 2015158
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013168
15 May 2012 – 31 Dec 2012111

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOKonstantinos Bitsiaras
BoardKonstantinos BitsiarasCurrent
BoardEmer McInerneyCurrent
BoardJonas DaujotasCurrent
BoardJacob Saaby Krogsgaard
BoardJørgen Nielsen
BoardAlex Dyrgaard
BoardMürvet Sahin
BoardCarl-Johan Hellner
BoardJohan Henrik Tobias Jönsson
BoardKarl Robin Joakim Landholm
BoardMikael Wångdahl
BoardKent Hansen
BoardPatrick Anthony Byrne
BoardRobert Michael Palmer
BoardEugene Quigley
BoardHugh Gerard Rodgers
BoardKonstantinos Bitsiaras
BoardKonstantinos Bitsiaras
BoardEmer McInerney
Owner (100%)CityJet Designated Activity CompanyCurrent
Owner (100%)SAS Link Crew Services A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJacob Saaby KrogsgaardCurrent
FounderAlex DyrgaardCurrent
FounderBARDIN ApSCurrent

The CEOs' other companies

Konstantinos Bitsiaras – 1 other companies

Address history (3 moves)

Kystvejen 2, 2770 Kastrup
Kystvejen 2, 2770 Kastrup
Amager Strandvej 392, 2770 Kastrup
Lufthavnsvej 2A, 6400 Sønderborg

Former names

CityJet A/S – now
CIMBER A/S –

Employees per year

Number of employees at CityJet A/S per year1623242012: 11520122013: 15720132014: 11920142015: 32420152016: 25720162017: 21520172018: 1822018

Other companies at the same address

Similar companies in Tårnby

Questions and answers about CityJet A/S

Has CityJet A/S gone bankrupt?

No, CityJet A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CityJet A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of CityJet A/S?

CityJet A/S most recently used EY Godkendt Revisionspartnerselskab.

When was CityJet A/S founded?

CityJet A/S was founded on 15 May 2012.

What is the equity of CityJet A/S?

Equity was DKK 235k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.