GLOBAL AIRLINE CONNECT ApS

CVR 32890180 · Private limited company (ApS) · Active · Medium risk

GLOBAL AIRLINE CONNECT ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry formidlingsaktiviteter inden for passagertransport. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 15 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -520k and a net result of DKK -1.4m. CEO: Ibrahim Ramadan Moustafa Sayed Ahmed.

Bankruptcy risk for GLOBAL AIRLINE CONNECT ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
32890180
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
Østerbrogade 78, 1. th
2100 København Ø
Municipality
København
Industry
Formidlingsaktiviteter inden for passagertransport (523200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 80k
Employees
6 (2018)
Auditor
Revisionsfirmaet Lars Bastholm Godkendt Revisionsanpartsselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 15
Missing annual reportNo
Negative equityYes
Equity ratio-13.7%
Current ratio79%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies3
Other companies at the address14
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.7mDKK 2.5mDKK 6.9m
Net profitDKK -1.4mDKK -2.5mDKK 2.8m
EquityDKK -520kDKK 885kDKK 4.6m
Total assetsDKK 3.8mDKK 4.2mDKK 6.8m
CashDKK 179kDKK 1.8m–
Short-term debtDKK 4.3mDKK 3.4m–
Tax owedDKK 794kDKK 851k–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Revisionsfirmaet Lars BastholmGodkendt Revisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025196 Late
1 Oct 2023 – 30 Sep 2024214 Late
1 Oct 2022 – 30 Sep 2023219 Late
1 Oct 2021 – 30 Sep 2022215 Late
1 Oct 2020 – 30 Sep 2021167
1 Oct 2019 – 30 Sep 2020177
1 Oct 2018 – 30 Sep 2019166
1 Oct 2017 – 30 Sep 2018162
1 Oct 2016 – 30 Sep 2017182
1 Oct 2015 – 30 Sep 2016180
1 Oct 2014 – 30 Sep 2015166
1 Oct 2013 – 30 Sep 2014164
1 Oct 2012 – 30 Sep 2013169
1 Oct 2011 – 30 Sep 2012169
5 May 2010 – 30 Sep 2011167

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
CEOIbrahim Ramadan Moustafa Sayed AhmedCurrent
CEOCaroline Sundorph Pontoppidan
Owner (100%)GLOBAL LEISURE GROUP ApSCurrent
AuditorRevisionsfirmaet Lars Bastholm Godkendt RevisionsanpartsselskabCurrent
AuditorAsger Wiuff Holding ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderKR 332 ApSCurrent

The CEOs' other companies

Ibrahim Ramadan Moustafa Sayed Ahmed – 10 other companies, of which 3 bankrupt

Caroline Sundorph Pontoppidan – 50 other companies, of which 50 bankrupt

Address history (5 moves)

Østerbrogade 78, 1. th, 2100 København Ø
Per Henrik Lings Allé 4, 2100 København Ø
Vester Farimagsgade 3, 1., 1606 København V
Robert Jacobsens Vej 70A, 2300 København S
Frederiksberg Alle 44, 1820 Frederiksberg C
c/o Kromann Reumert, Sundkrogsgade 5, 2100 København Ø

Former names

GLOBAL AIRLINE CONNECT ApS – now
KR 1615 ApS –

Employees per year

Number of employees at GLOBAL AIRLINE CONNECT ApS per year362011: 420112012: 520122013: 620132014: 620142015: 620152016: 520162017: 520172018: 62018

Other companies at the same address

Similar companies in København

Questions and answers about GLOBAL AIRLINE CONNECT ApS

Has GLOBAL AIRLINE CONNECT ApS gone bankrupt?

No, GLOBAL AIRLINE CONNECT ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GLOBAL AIRLINE CONNECT ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of GLOBAL AIRLINE CONNECT ApS?

Ibrahim Ramadan Moustafa Sayed Ahmed is the CEO of GLOBAL AIRLINE CONNECT ApS.

Who is the auditor of GLOBAL AIRLINE CONNECT ApS?

GLOBAL AIRLINE CONNECT ApS most recently used Revisionsfirmaet Lars Bastholm Godkendt Revisionsanpartsselskab.

When was GLOBAL AIRLINE CONNECT ApS founded?

GLOBAL AIRLINE CONNECT ApS was founded on 5 May 2010.

What is the equity of GLOBAL AIRLINE CONNECT ApS?

Equity was DKK -520k 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.