Ruby Travel Group ApS

CVR 31467861 · Private limited company (ApS) · Active · Low risk

Ruby Travel Group ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry rejsebureauers aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 33.7m and a net result of DKK 13.4m. CEO: Mads Bygballe Christiansen.

Bankruptcy risk for Ruby Travel Group ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% 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)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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
31467861
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Europaplads 16, 1.
8000 Aarhus C
Municipality
Aarhus
Industry
Rejsebureauers aktiviteter (791100)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 125k
Employees
9 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio94.1%
Current ratio413%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address116
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.9mDKK 3.0mDKK 4.2m
Net profitDKK 13.4mDKK 10.4mDKK 69.7m
EquityDKK 33.7mDKK 54.8mDKK 107.5m
Total assetsDKK 35.8mDKK 58.4mDKK 113.4m
CashDKK 174kDKK 189k–
Short-term debtDKK 2.1mDKK 2.7m–
Avg. employees86–

Latest annual report: Reporting class C, mellemstor virksomhed · 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 202380
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 2014181
1 Jan 2013 – 31 Dec 2013162
1 Jan 2012 – 31 Dec 2012111
1 Jan 2011 – 31 Dec 2011130
1 Jan 2010 – 31 Dec 201054
1 Jan 2009 – 31 Dec 200973
16 May 2008 – 31 Dec 2008160

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
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%)Bygballe Enemark Holding ApSCurrent
Owner (50%)Michael Bygballe Christiansen
Owner (50%)Mads Bygballe Christiansen
Owner (100%)Mads Bygballe Christiansen
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorREVISION ØST I/S
AuditorAAM Invest Ebeltoft ApS
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMichael Bygballe ChristiansenCurrent
FounderMads Bygballe ChristiansenCurrent

The CEOs' other companies

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

Address history (3 moves)

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

Former names

Ruby Travel Group ApS – now
Sunway Group ApS –
Sun-Way ApS –
BYGBALLE HOLDING ApS –

Employees per year

Number of employees at Ruby Travel Group ApS per year592015: 220152016: 620162017: 720172018: 92018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Ruby Travel Group ApS

Has Ruby Travel Group ApS gone bankrupt?

No, Ruby Travel Group ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Ruby Travel Group ApS?

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 Ruby Travel Group ApS?

Mads Bygballe Christiansen is the CEO of Ruby Travel Group ApS.

Who is the auditor of Ruby Travel Group ApS?

Ruby Travel Group ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was Ruby Travel Group ApS founded?

Ruby Travel Group ApS was founded on 16 May 2008.

What is the equity of Ruby Travel Group ApS?

Equity was DKK 33.7m 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.