MANGAARD TRAVEL GROUP A/S

CVR 25447034 · Public limited company (A/S) · Active · Low risk

MANGAARD TRAVEL GROUP A/S is a Public limited company (A/S), founded on , based in Åbyhøj. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 (31 Dec 2025) shows equity of DKK 4.2m and a net result of DKK 571k. CEO: Hans-Henrik Mangaard.

Bankruptcy risk for MANGAARD TRAVEL GROUP A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
25447034
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Elkjærvej 31
8230 Åbyhøj
Municipality
Aarhus
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 2.0m
Employees
19 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 26
Missing annual reportNo
Negative equityNo
Equity ratio43.9%
Current ratio164%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.8mDKK 6.1mDKK 6.6m
Net profitDKK 571kDKK 152kDKK 498k
EquityDKK 4.2mDKK 3.7mDKK 3.5m
Total assetsDKK 9.6mDKK 8.1mDKK 8.8m
CashDKK 4.3mDKK 3.4m–
Short-term debtDKK 5.4mDKK 4.5m–
Tax owedDKK 150kDKK 47k–
Avg. employees1012–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023156
1 Jan 2022 – 31 Dec 2022130
1 Jan 2021 – 31 Dec 2021183
1 Jan 2020 – 31 Dec 2020187 Late
1 Jan 2019 – 31 Dec 2019176
1 Jan 2018 – 31 Dec 2018135
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015144
1 Jan 2014 – 31 Dec 2014139
1 Jan 2013 – 31 Dec 201397
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009153
1 Jan 2008 – 31 Dec 2008141
1 Jan 2007 – 31 Dec 2007117
1 Jan 2006 – 31 Dec 2006126

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
CEOHans-Henrik MangaardCurrent
BoardHans-Henrik MangaardCurrent
BoardNiels LomborgCurrent
BoardHeidi Buus BeldamCurrent
BoardKaj Nielsen
BoardKjeld Jul Madsen
BoardHenning Ditlev Rasmussen
Owner (100%)MANGAARD HOLDING ApSCurrent
Owner (67%)Hans-Henrik Mangaard
Owner (20%)Kjeld Jul Madsen
Owner (67%)MANGAARD HOLDING ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderHans-Henrik MangaardCurrent

The CEOs' other companies

Hans-Henrik Mangaard – 4 other companies

Address history (3 moves)

Elkjærvej 31, 8230 Åbyhøj
Elkjærvej 31, 8230 Åbyhøj
Valhalvej 1, 8230 Åbyhøj
Søren Frichs Vej 36, 8230 Åbyhøj

Former names

MANGAARD TRAVEL GROUP A/S – now
MANGAARD REJSECENTER A/S –

Employees per year

Number of employees at MANGAARD TRAVEL GROUP A/S per year10192011: 1320112012: 1420122013: 1420132014: 1520142015: 1420152016: 1620162017: 1720172018: 192018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about MANGAARD TRAVEL GROUP A/S

Has MANGAARD TRAVEL GROUP A/S gone bankrupt?

No, MANGAARD TRAVEL GROUP A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MANGAARD TRAVEL GROUP A/S?

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

Who is the CEO of MANGAARD TRAVEL GROUP A/S?

Hans-Henrik Mangaard is the CEO of MANGAARD TRAVEL GROUP A/S.

Who is the auditor of MANGAARD TRAVEL GROUP A/S?

MANGAARD TRAVEL GROUP A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was MANGAARD TRAVEL GROUP A/S founded?

MANGAARD TRAVEL GROUP A/S was founded on 14 June 2000.

What is the equity of MANGAARD TRAVEL GROUP A/S?

Equity was DKK 4.2m according to the annual report for the period ending 31 December 2025.

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