Thermo-Transit Danmark A/SAktiv

Thermo-Transit Danmark A/S’ principal activity is transport and logistics services, with a particular focus on temperature-controlled transport, including refrigerated and frozen transport of fresh and frozen food products across Europe. The Company has a strong position within the transportation of seafood from Scandinavia to the rest of Europe. The activities comprise international transport, terminal activities, reloading and related logistics services. The Company’s activities are mainly managed from the headquarters in Padborg. The Company operates terminals in Denmark, the Netherlands and Norway, which are used for reloading and handling of temperature-controlled goods. The terminals are used for reloading, consolidation and handling of temperature-controlled goods, including in particular seafood. The terminal activities support the Company’s international transport activities and are a significant part of the Company’s service to its customers. The Company’s customer base is geographically located in the Nordic countries, Central Europe and Southern Europe. The Company’s transport and logistics services are therefore provided in an international market where delivery reliability, temperature control, flexibility and access to capacity are key competitive parameters. The Company does not employ its own drivers in Denmark, but purchases transport services internally within the group or from external haulage contractors. The Company uses both intra-g

Development in activities and financial and economic position Management considers the result for the year to be unsatisfactory. The Company continued to be affected by challenging market conditions in 2025, and earnings did not develop satisfactorily. The result deteriorated compared to 2024 and remains unsatisfactory. The deterioration was materially affected by the development in the Norwegian activities, including TTN Trucking AS. The development in 2025 should be seen in the context of the continued operational adaptation following the implementation of the Seafood Logistics Strategy and the closer cooperation with Girteka Group. The purpose of the cooperation remains to ensure access to relevant transport capacity, strengthen planning and create a more integrated servicing of key customers. The Company continued to have a significant level of activity in 2025, but the level of activity was not in itself sufficient to generate satisfactory earnings. This is due, among other things, to insufficient profitability in parts of the transport production, inefficiencies in internal production flows and a continued need to adapt capacity and the cost base. The introduction of the kilometre-based road tax in Denmark increased operating costs in 2025. The Company has worked to incorporate these costs into prices and contract terms, but the development has also increased the need for efficient capacity utilisation and profitability management. The seafood segment continued to be a

Uddrag af ledelsesberetningen i den seneste årsrapport.