Norex Travel ApS

CVR 37907626 · Private limited company (ApS) · Active · Medium risk

Norex Travel ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry rejsebureauers aktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 105k and a net result of DKK 16k. CEO: Malak Al Sawaf.

Bankruptcy risk for Norex Travel ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×

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
37907626
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Amagerfælledvej 121, 2. tv
2300 København S
Municipality
København
Industry
Rejsebureauers aktiviteter (791100)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityNo
Equity ratio64.5%
Current ratio145%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 23k––
Gross profitDKK 23kDKK 17kDKK 91k
Net profitDKK 16kDKK 11kDKK -117k
EquityDKK 105kDKK 182kDKK 171k
Total assetsDKK 163kDKK 264kDKK 306k
CashDKK 7,709DKK 58k–
Short-term debtDKK 58kDKK 82k–
Avg. employees–0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024223 Late
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021152
1 Jan 2020 – 31 Dec 2020201 Late
1 Jan 2019 – 31 Dec 2019455 Late
1 Jan 2018 – 31 Dec 2018193 Late
1 Aug 2016 – 31 Dec 2017151

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
CEOMalak Al SawafCurrent
CEOPeter Andreas Stakemann
CEOAws Fakry Abdull-Muhsin
CEOAws Fakry Abdull-Muhsin
Owner (100%)Aws Fakry Abdull-MuhsinCurrent
Owner (100%)ApS KBURS 17 NR. 6919
FounderApS KBURS 17 NR. 6919Current

The CEOs' other companies

Malak Al Sawaf – 1 other companies

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

Aws Fakry Abdull-Muhsin – 1 other companies, of which 1 bankrupt

Address history (5 moves)

Amagerfælledvej 121, 2. tv, 2300 København S
Frederikssundsvej 53, 2400 København NV
c/o Erhvervsstyrelsen, Dahlerups Pakhus, Langelinie Allé 17, 2100 København Ø
Frederiksborgvej 6, 2400 København NV
Frederikssundsvej 53, 2400 København NV
Kronprinsessegade 18, 1306 København K

Former names

Norex Travel ApS – now
ApS STM nr. 4804 –

Employees per year

Number of employees at Norex Travel ApS per year112017: 120172018: 12018

Similar companies in København

Questions and answers about Norex Travel ApS

Has Norex Travel ApS gone bankrupt?

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

What is the bankruptcy risk of Norex Travel ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Norex Travel ApS?

Malak Al Sawaf is the CEO of Norex Travel ApS.

When was Norex Travel ApS founded?

Norex Travel ApS was founded on 1 August 2016.

What is the equity of Norex Travel ApS?

Equity was DKK 105k 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.