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DSV AIR & SEA COMPANY LIMITED

Active

Business ID 0306033041

84-28 / 3948 7800

DSV AIR & SEA COMPANY LIMITED

Active

Business ID 0306033041

84-28 / 3948 7800

DSV AIR & SEA COMPANY LIMITED

Active

Summary

Name:

DSV AIR & SEA COMPANY LIMITED

Business ID (TIN):

0306033041

Date of Registration:

25 Sep 2008

Registered Office:

Ho Chi Minh City Department of Finance

Address:

3B Floor, Republic Plaza Tower, No. 18E, Cong Hoa Street, Tan Son Nhat Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3948 7800

Financial Statement:

2020, 2021, 2022, 2023, 2024

DSV AIR & SEA COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH DSV AIR & SEA) is a limited liability company with foreign direct investment (FDI) status operating actively in Vietnam’s logistics and transportation services sector. Incorporated on September 25, 2008, the company has developed a strong presence over 16 years of operation. It is legally registered with the Ho Chi Minh City Department of Planning and Investment under tax code 0306033041.

The company’s main office is located at 3B Floor, Republic Plaza Tower, No. 18E, Cong Hoa Street, Ward 4, Tan Binh District, Ho Chi Minh City, Vietnam, with an additional branch in Ha Noi at the 18th Floor of PEAKVIEW Tower. DSV AIR & SEA is a subsidiary of DSV AIR & SEA HOLDING A/S of Denmark, which holds 99% ownership, while the remaining 1% belongs to a Vietnamese shareholder. The company operates in the field of logistics, with registered business activities in warehousing, storage, and other transportation support services.

Under the leadership of Mr. Herding E., a Canadian national serving as General Director, the company oversees a workforce of approximately 100 employees. It operates with a charter capital of USD 250,606 and a paid-up capital of USD 261,294.

Despite a challenging financial year in 2023, the company remains a significant player in the Vietnamese logistics landscape. Total assets declined sharply to USD 51.41 million, representing a 54.16% drop compared to 2022. Similarly, equity fell by 63.41% to USD 22.46 million. Sales revenue dropped by more than half, from over USD 352 million in 2022 to USD 161.57 million in 2023. Profit also decreased by 43.5%, totaling USD 21.48 million in 2023.

These figures mark a notable downturn following record growth in 2021 and 2022, when DSV AIR & SEA had benefited from surges in global logistics demand and supply chain disruptions. However, despite the contraction in financial performance, the company maintains solid working capital of USD 21.22 million, which supports its ongoing operations and adaptability in a recovering logistics market.

DSV AIR & SEA COMPANY LIMITED continues to play an essential role in connecting Vietnam’s exporters and importers with global markets. As part of the international DSV Group, the company is backed by substantial resources and technical expertise. With strategic offices in both southern and northern Vietnam, it remains well-positioned to serve clients nationwide as the logistics industry stabilizes following the pandemic.

Legal Profile

English Name:

DSV AIR & SEA COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH DSV AIR & SEA

Short Name:

DSV AIR SEA

Business ID (TIN):

0306033041

Date of Registration:

25 Sep 2008

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

HERDING E

Address:

3B Floor, Republic Plaza Tower, No. 18E, Cong Hoa Street, Tan Son Nhat Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3948 7800

Branch:

18th Floor, PEAKVIEW Tower, No. 36, Hoang Cau Street, O Cho Dua Ward, Dong Da District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

5229 Other transportation support activities

NACE:

52.29 Other transportation support activities

Industry Sales Growth

CAGR (2019 - 2023)

6.76%

YoY (2023)

-31.04%

Companies by industry

Company distribution and propportions

18,819

0.6473%

Key Industry Players

Top 10 companies in other transportation support activities industry

dsv air & sea company limited expeditors vietnam company limited samsung sds vietnam company limited giao hang tiet kiem joint stock company kuehne + nagel company limited viettel logistics company limited (translated name) thanh binh petroleum trading company limited an phu logistics joint stock company hls services and technology joint stock company silva agricultural investment and trading company limited

Payment History

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Financial Performance

Assets	-83.62%
Owner’s Equity	56.42%
Working Capital	99.69%
Net Worth	62.92%
Sales	-33.75%
Operating income	28.07%
EBIT	33.44%
Gross Profit Margin	94.32%
Debt to EBITDA	-0.13%

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Specific Questions About DSV AIR & SEA COMPANY LIMITED

When did DSV AIR & SEA COMPANY LIMITED start operating?

DSV AIR & SEA COMPANY LIMITED was started in 25 Sep 2008

What industry does DSV AIR & SEA COMPANY LIMITED operate in?

DSV AIR & SEA COMPANY LIMITED is operating in "Other transportation support activities" industry

How can I contact DSV AIR & SEA COMPANY LIMITED?

DSV AIR & SEA COMPANY LIMITED phone numbers is 84-28 / 3948 7800

What adverse news is there about DSV AIR & SEA COMPANY LIMITED?

DSV AIR & SEA COMPANY LIMITED’s has no negative news

What is stock symbol of DSV AIR & SEA COMPANY LIMITED?

DSV AIR & SEA COMPANY LIMITED is not listed company

Where is the location of DSV AIR & SEA COMPANY LIMITED?

DSV AIR & SEA COMPANY LIMITED is located at 3B Floor, Republic Plaza Tower, No. 18E, Cong Hoa Street, Tan Son Nhat Ward, Ho Chi Minh City, Vietnam

What is DSV AIR & SEA COMPANY LIMITED’s business registration?

DSV AIR & SEA COMPANY LIMITED business registration is 0306033041

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