TOTAL AVIATION LTD. A/S

CVR 13590583 · Public limited company (A/S) · Active · Low risk

TOTAL AVIATION LTD. A/S is a Public limited company (A/S), founded on , based in Kastrup. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 105.7m and a net result of DKK 68.9m. CEO: Per Løye.

Bankruptcy risk for TOTAL AVIATION LTD. A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
13590583
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Kirstinehøj 36B
2770 Kastrup
Municipality
Tårnby
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
19 (2018)
Auditor
NÆRREVISION A/S
Audit opted out
No

Warning signs

Annual reports filed late4 of 30
Missing annual reportNo
Negative equityNo
Equity ratio53.7%
Current ratio215%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 106.0mDKK 58.4m
Net profitDKK 68.9mDKK 35.8m
EquityDKK 105.7mDKK 36.8m
Total assetsDKK 196.7mDKK 124.2m
CashDKK 33.8m–
Short-term debtDKK 91.0m–
Avg. employees18–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Nærrevision A/S.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025181
1 May 2023 – 30 Apr 2024184 Late
1 May 2022 – 30 Apr 2023183
1 May 2021 – 30 Apr 2022150
1 May 2020 – 30 Apr 2021143
1 May 2019 – 30 Apr 2020140
1 May 2018 – 30 Apr 2019106
1 May 2017 – 30 Apr 201874
1 May 2016 – 30 Apr 201773
1 May 2015 – 30 Apr 201662
1 May 2014 – 30 Apr 201560
1 May 2013 – 30 Apr 2014133
1 May 2012 – 30 Apr 201372
1 May 2011 – 30 Apr 2012119
1 May 2010 – 30 Apr 201164
1 May 2009 – 30 Apr 2010137
1 May 2008 – 30 Apr 2009139
1 Jul 2007 – 30 Apr 2008165
1 Jul 2006 – 30 Jun 2007157
1 Jul 2005 – 30 Jun 2006157

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOPer LøyeCurrent
CEODan Rybak
CEOPoul Mogens Elgaard
CEOPovl Gundersen
BoardPoul Mogens ElgaardCurrent
BoardMette Apollo RasmussenCurrent
BoardDavid Joseph O´DonnellCurrent
BoardRubin Many Lercke
BoardAnders Ove Thisted
BoardDan Rybak
BoardPoul Mogens Elgaard
BoardAnnalise Stege
BoardLise-Lotte Lyng Andersen
BoardHanne Lercke
BoardPovl Gundersen
BoardUlrik Iversen
BoardThom Kristian Elgaard
BoardFlemming Elgaard
BoardMette Apollo Rasmussen
Owner (100%)Elgaard Holding 2024 ApSCurrent
Owner (100%)Poul Mogens Elgaard
Owner (100%)POUL ELGAARD HOLDING ApS
AuditorNÆRREVISION A/SCurrent
AuditorAlex Michael Ankjær-Jensen
AuditorReg. revisor Niels Bådsgaard Hansen
AuditorMichael Tecza Greisholm
AuditorREVISIONSFIRMAET SVEN RYDING
AuditorJWS-REVISION ApS 1984
AuditorCCH REVISION GODKENDT REVISIONSAKTIESELSKAB
FounderDan RybakCurrent
FounderPG EJENDOMME HOLDING I ApSCurrent
FounderPG EJENDOMME HOLDING II ApSCurrent

The CEOs' other companies

Dan Rybak – 46 other companies, of which 46 bankrupt

Poul Mogens Elgaard – 4 other companies

Povl Gundersen – 1 other companies

Address history (1 moves)

Kirstinehøj 36B, 2770 Kastrup
Fuglebækvej 3A, 2770 Kastrup

Former names

TOTAL AVIATION LTD. A/S – now
TOTAL AVIATION LTD.. A/S –
DRAS NR. 1169 A/S –

Employees per year

Number of employees at TOTAL AVIATION LTD. A/S per year10192011: 1220112012: 1320122013: 1120132014: 1220142015: 1320152016: 1420162017: 1520172018: 192018

Other companies at the same address

Similar companies in Tårnby

Questions and answers about TOTAL AVIATION LTD. A/S

Has TOTAL AVIATION LTD. A/S gone bankrupt?

No, TOTAL AVIATION LTD. A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TOTAL AVIATION LTD. A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TOTAL AVIATION LTD. A/S?

Per Løye is the CEO of TOTAL AVIATION LTD. A/S.

Who is the auditor of TOTAL AVIATION LTD. A/S?

TOTAL AVIATION LTD. A/S most recently used NÆRREVISION A/S.

When was TOTAL AVIATION LTD. A/S founded?

TOTAL AVIATION LTD. A/S was founded on 1 November 1989.

What is the equity of TOTAL AVIATION LTD. A/S?

Equity was DKK 105.7m according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.