The transport and logistics company Sax-Trans A/S in Sakskøbing has reported a post-tax loss of DKK 1.25 million in the latest financial year, compared to a modest profit of DKK 793,000 the previous year. According to the management, this is mainly due to declining freight volumes and a market where it has not been possible to raise prices.
The gross profit has been roughly maintained at just under DKK 49 million, but at the same time, the cost percentage has increased. This is partly because it has been difficult to adjust the fleet and staff quickly enough to the lower level of activity. There have been an average of 100 employees during the year - eight fewer than the previous year.
The company is a co-owner of Danske Fragtmænd and operates freight on Lolland-Falster and Møn, but also has activities such as waste transport, crane work, container rental, and the delivery of gravel and stones.
Focus on green transition
Equity has fallen from DKK 7.8 million to DKK 6.0 million, but management assesses that liquidity is sufficient to carry out the plans for the new financial year. A profit is expected again, but management notes that market uncertainty remains high.
The company has also invested in green transition. The entire fleet now complies with the Euronorm 6 requirements, and two electric trucks have been ordered - one of which is expected to be delivered in April 2025. Charging stations will be established at the terminals prior to delivery. In addition, route planning is continuously optimised, and collaboration with Danske Fragtmænd makes it possible to consolidate goods and utilise capacity better. This reduces empty runs and decreases the overall CO₂ emissions. According to management, Sax-Trans is experiencing increasing interest from customers who demand climate-friendly transport solutions, but the green choices can be more expensive and thus put pressure on pricing - especially in a market where public customers do not yet prioritise environmental considerations as highly.
