Projector

What Projector does

Projector A/S is a privately held Danish railway services and parts company founded in 1998 by Ejler Jensen, headquartered in Randers, Denmark, with 11–50 employees. The company operates from a 5,000 sq.m. production facility and serves international train factories, operators, and maintenance companies primarily in the Nordic countries, broader Europe, and the Middle East. Its business is organized into four areas: Projects (design, development, production, and delivery of train components and interiors), Service (mobile service and component/module renovation at the company's workshop), Train Parts (spare parts supply across a catalog of 36,124 item numbers sourced through a 450+ supplier network spanning six countries), and Support (inspection, supervision, testing, project management, and technical consulting).

The company's technology stack centers on conventional mechanical, electrical, and electronic engineering for rolling stock, using SolidWorks and AutoCAD for 3D design and documentation, supported by ISO 9001, ISO 14001, ISO 45001, EN15085-2, ISO 3834-2, and ECM F2 & F4 certifications. Differentiated offerings include 1:1 mock-up development for train interiors, the proprietary Axle Protector co-developed with DSB and fitted on a large portion of DSB's fleet, and specialized component substitution/optimization for trains with 30+ year lifespans. Notable customers include DSB (Denmark), Nederlandse Spoorwegen and Bombardier (Netherlands), and SJ and SV Tog (Sweden), spanning projects such as SGM train renovation, bistro carriage modules, and water tank updates for IC3/IR4 trains.

Projector generates revenue through hardware sales of train parts, professional services (mobile service, component renovation, project execution), and technical consulting/support, sold via quote-based enterprise contracts of varying length. The company has deliberately shifted its business model from a production-led firm to a service-led firm, monetizing the 400+ years of combined railway expertise held by its team and affiliated specialist network. No external funding rounds or M&A activity are disclosed; the company appears to be independently held under CEO Morten Hartvig Jakobsen and CFO Marika Kirstine Poulsen, with the founder Ejler Jensen as a technical founder.

Name

Projector

Legal name

Projector A/S

Website

https://projector.dk

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Projector A/S is a Danish railway services and parts company founded in 1998, serving international train operators, manufacturers, and maintainers across the Nordics, Europe, and the Middle East. It offers component design, renovation, spare parts supply, and technical consulting from a 5,000 sq.m. facility in Randers.

Ownership category

akta.pro rank

Product category

Railway Engineering and Maintenance Services

NAICS

Engineering Services (54133), Industrial Design Services (54142), Engineering Services (541330)

SIC

Railroad Equipment (3743), Services-Engineering Services (8711)

akta.pro primary industry

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF)

Keywords

• Railway spare parts
• Train component manufacturing
• Rail vehicle maintenance
• Train interior design
• Railway technical support

Headquarters

HQ city

Randers

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Train Parts and Components Sales: Sale of train parts and spare components. Projector maintains specifications for 36,124 item numbers with a small portion stocked. Extensive supplier network of 450+ suppliers globally.
2. Service and Maintenance: Module and component maintenance at own workshop, mobile service at customer premises, and leasing of service technicians. Includes cleaning, dismantling, renovation, surface treatment, fitting, testing, packaging and shipment.
3. Project Work: Project-based work involving development, production, and delivery. Can deliver complete solutions or constituent elements. Services include design, re-design, mock-up building, and total solutions for train interiors and components.
4. Technical Support and Consulting: Inspection, supervision and testing services; project management; technical sparring for decision-makers. Includes audit services, accident investigation, and strategic consulting.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Projector A/S is a Danish railway service company with production that delivers four integrated offerings: Projects (design, development, production and delivery of train components and interiors), Service (mobile service and module/component renovation), Train Parts (sourcing from a catalog of 36,124 item numbers via 450+ global suppliers), and Support (inspection, supervision, testing, project management, and technical sparring). Customers include international train factories, major operators (DSB, NS, SJ), and maintenance companies across Nordic countries, Europe, and the Middle East.

Product overview

Projector A/S is a railway service and production company with four main business areas: Projects (covering design, development, production, and delivery), Service (mobile service and component renovation), Train Parts (spare parts supply with 36,124 catalog items), and Support (inspection, testing, project management, and technical consulting). The company operates from a 5,000 m² production facility and works primarily with international train manufacturers, operators, and maintenance companies in Scandinavia, Europe, and the Middle East. Their portfolio includes specialized products such as axle protectors, front modules, interior solutions (play and catering modules), and mechanical/electrical renovation services for train components like cooling modules, water tanks, and windows. The company has evolved from a production company with service to a service company with production, emphasizing customer focus, quality, and lifecycle extension of train assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Projects

Quantifiable outcome

• 20% savings on sub-contracts achieved through mock-up process for Dutch Railways SGM renovation project
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• DSB (Danish State Railways)coreStrategic or Co-development PartnerOngoing partnership with DSB maintenance department for development of train components including axle protector now installed on majority of DSB trains. Also collaborates on water tank updates for IC3/IR4 trains.
• 450+ Global SupplierscoreOthersSupplier network spanning Denmark, UK, Germany, Italy, Turkey and China enables access to 36,124 item numbers. Main supplier concentration in Denmark, England and Germany.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Vossloh AG: German rail infrastructure and components group supplying rail fastening systems, switches and signaling-related components, with significant rail services operations. Comparable in rail components and service portfolio though focused on infrastructure rather than rolling stock interiors.
• Alstom: Global rolling stock OEM with extensive services, modernization and spare parts operations serving DSB, NS and SJ — overlapping with Projector's customer base on both the OEM and operator side.
• Hitachi Rail: Global rail systems provider with manufacturing, digital services and rolling stock maintenance across Europe; comparable in rail services and aftermarket components for European operators.
• Voith Group: German manufacturer of railway drive systems, components and aftermarket service for trains. Comparable in rail components manufacturing and lifecycle services, though much larger and broader in scope than Projector.
• Siemens Mobility: Major rolling stock OEM with extensive rail services, signaling and components portfolio serving the same European operator customers; competes for end-to-end refurbishment and parts programs where Projector operates.
• Stadler Rail: Swiss rolling stock manufacturer supplying trains to many of the same Nordic and Western European operators as Projector, with growing aftermarket and component service operations that compete for similar lifecycle-extension work.

Direct peers

• Dellner Couplers: Swedish supplier of train couplings and related rail components, including refurbishment and aftermarket services. Comparable as a Nordic-based rail component manufacturer with similar customer base and aftermarket focus.
• Knorr-Bremse: Global Tier-1 supplier of braking and other rail vehicle subsystems and aftermarket spare parts to OEMs and operators. Closely comparable business in rail component design, supply and lifecycle support serving the same European operators.
• Balfour Beatty Rail: UK-based rail engineering services arm of Balfour Beatty providing rail systems design, maintenance and asset management. Comparable in delivering multi-year rail engineering, inspection and refurbishment services to operators.
• Strukton Rail: Dutch rail services and maintenance provider serving NS and other European operators with rolling stock maintenance, refurbishment and lifecycle-extension programs — directly comparable niche and customer overlap to Projector.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights8 records

Customer concentration

• LinkedInlinkedin.com/company/projector-a-s

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Projector