TravelCo Nordic A/S

CVR 21148180 · Public limited company (A/S) · In bankruptcy

TravelCo Nordic A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry rejsearrangørers aktiviteter. TravelCo Nordic A/S went bankrupt on – 22.3 years after it was founded. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2018) shows equity of DKK 14.3m and a net result of DKK -156.1m.

Bankruptcy

Bankruptcy date
Status
In bankruptcy proceedings
First distress status
In restructuring from
Age at bankruptcy
22.3 years

Company details

CVR number
21148180
Status
In bankruptcy
Company type
Public limited company (A/S)
Founded
Address
Bethaniagade 40
7400 Herning
Municipality
Herning
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 1.5m
Employees
168 (2018)
Auditor
Vistisen & Lunde Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 20
Missing annual reportNo
Negative equityNo
Equity ratio4.0%
Current ratio60%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyYes

Financials and key figures

Financial year20182017
RevenueDKK 1.5bnDKK 1.5bn
Gross profitDKK -15.4mDKK 45.0m
Net profitDKK -156.1mDKK 19.2m
EquityDKK 14.3mDKK 64.4m
Total assetsDKK 353.7mDKK 396.9m
CashDKK 29.8m–
Short-term debtDKK 339.5m–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Vistisen & Lunde Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2019 – 31 Dec 2019277 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016166
1 Jan 2015 – 31 Dec 2015106
1 Jan 2014 – 31 Dec 201490
1 Jan 2013 – 31 Dec 2013112
1 Jan 2012 – 31 Dec 201280
1 Jan 2011 – 31 Dec 201187
1 Jan 2010 – 31 Dec 201081
1 Jan 2009 – 31 Dec 200981
1 Jan 2008 – 31 Dec 200876
1 Jan 2007 – 31 Dec 2007233 Late
1 Oct 2005 – 31 Dec 2006149
1 Oct 2004 – 30 Sep 200548
1 Oct 2003 – 30 Sep 2004154
1 Oct 2002 – 30 Sep 2003145
1 Oct 2001 – 30 Sep 2002155
1 Oct 2000 – 30 Sep 2001161
1 Oct 1999 – 30 Sep 2000179

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
CEOPeter Andreas Stakemann
CEONiels Henrik Fredberg Søndergaard
BoardKim Madsen
BoardPeter Andreas Stakemann
BoardArne Thomsen
BoardAnnemette Heller
BoardPoul Frandsen
BoardEigil Pedersen
BoardNiels Henrik Fredberg Søndergaard
BoardPeder Hornshøj
BoardAndri M. Ingolfsson
BoardSveinn Ragnarsson
BoardJón Karl Ólafsson
BoardBjörk Þórarinsdóttir
Owner (100%)TravelCo Holding ApSCurrent
Owner (100%)TravelCo Holding ApS
Owner (25%)TravelCo ehf.
AuditorERNST & YOUNG DENMARK P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorVISTISEN & LUNDE STATSAUTORISERET REVISIONSAKTIESELSKAB 2008
AuditorAKTIESELSKABET AF 10. AUGUST 1998
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderVX 10.312 ApSCurrent

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Niels Henrik Fredberg Søndergaard – 21 other companies, of which 5 bankrupt

Address history (3 moves)

Bethaniagade 40, 7400 Herning
Bethaniagade 40, 7400 Herning
Dalgas Plads 16, 7400 Herning
Østergade 29, 7400 Herning

Former names

TravelCo Nordic A/S – now
Bravo Tours A/S –
Primera Travel A/S –
BRAVO TOURS A/S –
A/S PSE NR. 5358 –

Employees per year

Number of employees at TravelCo Nordic A/S per year841682011: 16020112012: 14820122013: 14220132014: 14020142015: 13820152016: 16220162017: 14820172018: 1682018

Other companies at the same address

Similar companies in Herning

Questions and answers about TravelCo Nordic A/S

Has TravelCo Nordic A/S gone bankrupt?

Yes. TravelCo Nordic A/S went bankrupt on 23 October 2020.

Who is the auditor of TravelCo Nordic A/S?

TravelCo Nordic A/S most recently used Vistisen & Lunde Statsautoriseret Revisionspartnerselskab.

When was TravelCo Nordic A/S founded?

TravelCo Nordic A/S was founded on 1 July 1998.

What is the equity of TravelCo Nordic A/S?

Equity was DKK 14.3m according to the annual report for the period ending 31 December 2018.

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