DSB (Danske Statsbaner) Due Diligence
Run due diligence on DSB (Danske Statsbaner): check compliance and get alerts when suppliers or ownership change.
Denmark · owned by Danish State (Ministry of Transport) (Denmark) · dsb.dk · 27 vendors
DSB (Danske Statsbaner, meaning Danish State Railways) is the primary passenger rail operator in Denmark, operating intercity, regional, and suburban train services across the country and into Sweden. It is a state-owned public enterprise under the Danish Ministry of Transport. DSB also sells tickets, manages timetables, and provides travel information to passengers.
Resilience scores
- Digital Sovereignty: 30
- Digital Resilience: 4
- Financial Resilience: 5
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Insights
Last updated 2026-09-13 · revision 17
27 direct vendors, 309 subvendors
Direct vendors by controlling owner country (sample)
- France: 1
- Japan: 2
- United States: 14
Subvendors by controlling owner country (sample)
- Switzerland: 1
- Japan: 4
- Italy: 1
Compliance
6 in-scope frameworks identified; showing 3.
ISO 27001 (source) — No public evidence
NIS2 (source) — No public evidence
SOC 2 (source) — No public evidence
Financials
Three-year financials
- 2023: revenue DKK 17.9B, EBIT DKK -0.6B, equity DKK 12.4B
- 2022: revenue DKK 16.3B, EBIT DKK -1.2B, equity DKK 12.0B
- 2021: revenue DKK 13.5B, EBIT DKK -2.5B, equity DKK 10.8B
Financial Resilience Score: 5/10
DSB operates as a 100% state-owned enterprise with an explicit government guarantee, providing strong sovereign backing for liquidity and debt servicing. However, the company consistently reports negative operating margins due to high fixed costs for rolling stock, maintenance, and labor, making it heavily dependent on annual state subsidies and public service obligation contracts. Revenue volatility from passenger demand fluctuations and inflationary pressure on energy and wage costs further constrain organic financial resilience.
Key strengths: 100% state ownership by the Danish Ministry of Finance, Explicit government guarantee on liabilities, Long-term public service contracts with predictable subsidy flows
Risk factors: Persistent operating losses without state grants, High capital intensity and aging fleet replacement costs, Exposure to energy price volatility and labor market inflation, Regulatory and political risk regarding subsidy levels
Revenue by geography
- Denmark: 97%
- Other: 3%
Revenue by product/service
- Passenger transport: 88%
- Freight & logistics: 7%
- Property & other: 5%
Workforce by country
- Denmark: 6200
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