Travelnorth Incoming ApS

CVR 20604190 · Private limited company (ApS) · Active · Low risk

Travelnorth Incoming ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry formidlingsaktiviteter inden for passagertransport. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 3.8m and a net result of DKK 3.7m. CEO: Mads Bygballe Christiansen.

Bankruptcy risk for Travelnorth Incoming ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Employees (latest year)2–5 · bankruptcy rate 10.3%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×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

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
20604190
Status
Active
Company type
Private limited company (ApS)
Founded
(29 years)
Address
Europaplads 16, 1.
8000 Aarhus C
Municipality
Aarhus
Industry
Formidlingsaktiviteter inden for passagertransport (523200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 27
Missing annual reportNo
Negative equityNo
Equity ratio51.4%
Current ratio206%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address116
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.5mDKK 3.3m
Net profitDKK 3.7mDKK 2.1m
EquityDKK 3.8mDKK 2.2m
Total assetsDKK 7.4mDKK 5.9m
CashDKK 165k–
Short-term debtDKK 3.6m–
Tax owedDKK 1.0m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202581
1 Oct 2023 – 30 Sep 202483
1 Oct 2022 – 30 Sep 202379
1 Oct 2021 – 30 Sep 202288
1 Oct 2020 – 30 Sep 202181
1 Oct 2019 – 30 Sep 202097
1 Oct 2018 – 30 Sep 201991
1 Oct 2017 – 30 Sep 201888
1 Oct 2016 – 30 Sep 201782
1 Oct 2015 – 30 Sep 201684
1 Jan 2014 – 31 Dec 2014174
1 Jan 2013 – 31 Dec 2013163
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 201150
1 Jan 2010 – 31 Dec 201054
1 Jan 2009 – 31 Dec 200973
1 Jan 2008 – 31 Dec 2008160
1 Jan 2007 – 31 Dec 2007122
1 Jan 2006 – 31 Dec 2006176
1 Jan 2005 – 31 Dec 2005150

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
CEOMads Bygballe ChristiansenCurrent
CEOPreben Bang Henriksen
CEONiels Bygballe Christiansen
CEOMichael Bygballe Christiansen
BoardTony Dimitris Lund-BurmeisterCurrent
BoardMads Bygballe ChristiansenCurrent
BoardMichael Bygballe ChristiansenCurrent
BoardNicolai Fredholm JørgensenCurrent
BoardPeter Bager
BoardMichael Bygballe Christiansen
BoardMads Bygballe Christiansen
BoardPeter Bager
Owner (100%)Ruby Travel Group ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorIb Aamann Kvist
AuditorREVISION ØST I/S
AuditorAAM Invest Ebeltoft ApS
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPREBEN BANG HENRIKSEN. AALBORG ApSCurrent

The CEOs' other companies

Mads Bygballe Christiansen – 33 other companies, of which 1 bankrupt

Preben Bang Henriksen – 46 other companies, of which 46 bankrupt

Michael Bygballe Christiansen – 5 other companies

Address history (4 moves)

Europaplads 16, 1., 8000 Aarhus C
Mejlgade 46B, 8000 Aarhus C
Egå Havvej 21, 8250 Egå
Øerkrogvejen 2, 8400 Ebeltoft
Øerkrogvejen 2, 8400 Ebeltoft

Former names

Travelnorth Incoming ApS – now
BYGBALLE INVEST ApS –
SCANCHARTER INVEST ApS –
SCANCHARTER ApS –
SCANCHARTER-SUNWAY ApS –
SCANCHARTER-DANMARK ApS –
PBH 25.953 ApS –

Employees per year

Number of employees at Travelnorth Incoming ApS per year362005: 420052006: 420062007: 520072008: 620082009: 120092016: 220162017: 220172018: 32018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Travelnorth Incoming ApS

Has Travelnorth Incoming ApS gone bankrupt?

No, Travelnorth Incoming ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Travelnorth Incoming ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Travelnorth Incoming ApS?

Mads Bygballe Christiansen is the CEO of Travelnorth Incoming ApS.

Who is the auditor of Travelnorth Incoming ApS?

Travelnorth Incoming ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Travelnorth Incoming ApS founded?

Travelnorth Incoming ApS was founded on 1 November 1997.

What is the equity of Travelnorth Incoming ApS?

Equity was DKK 3.8m according to the annual report for the period ending 30 September 2025.

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