Travel Operations A/S

CVR 38707701 · Public limited company (A/S) · Active · High risk

Travel Operations A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 8 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 12.0m and a net result of DKK -1.1m. CEO: Michael Holst Andersen.

Bankruptcy risk for Travel Operations A/S

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38707701
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Kompagnistræde 39, 1.
1208 København K
Municipality
København
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 1.5m
Employees
15 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio19.4%
Current ratio73%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 37.9mDKK 27.6mDKK 23.7m
Net profitDKK -1.1mDKK 3.2mDKK 2.7m
EquityDKK 12.0mDKK 13.1mDKK 9.9m
Total assetsDKK 62.1mDKK 45.2mDKK 43.9m
CashDKK 834kDKK 417k–
Short-term debtDKK 42.7mDKK 22.5m–
Avg. employees3825–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025207 Late
1 Jul 2023 – 30 Jun 2024176
1 Jul 2022 – 30 Jun 2023170
1 Jul 2021 – 30 Jun 2022190 Late
1 Jul 2020 – 30 Jun 2021159
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019110
8 Jun 2017 – 30 Jun 201895

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
CEOMichael Holst AndersenCurrent
BoardMichael Holst AndersenCurrent
BoardPeter JacobsenCurrent
BoardPeter Christian Mægbæk MadsenCurrent
BoardJacob Sylvest AndersenCurrent
BoardTorben BeckCurrent
BoardJan Misser
BoardKenn Buhl
BoardJacob Sylvest Andersen
BoardJohnny Peter Lanther Thorsen
Owner (25%)RANA Invest 2018 ApSCurrent
Owner (5%)Christmas Møller Invest ApSCurrent
Owner (15%)Bluezone Invest ApSCurrent
Owner (15%)Kolby Consult ApSCurrent
Owner (20%)MMAC ApSCurrent
Owner (100%)Datacon Group ApS
Owner (10%)RANA Invest 2018 ApS
Owner (10%)MMAC ApS
Owner (67%)Datacon Group ApS
Owner (33%)RANA Invest 2018 ApS
Owner (33%)MMAC ApS
Owner (33%)Christmas Møller Invest ApS
Owner (10%)TTKF Invest ApS
Owner (25%)RANA Invest 2018 ApS
Owner (25%)MMAC ApS
Owner (25%)Christmas Møller Invest ApS
Owner (10%)Bluezone Holding ApS
Owner (20%)RANA Invest 2018 ApS
Owner (20%)MMAC ApS
Owner (20%)Christmas Møller Invest ApS
Owner (15%)Bluezone Holding ApS
Owner (15%)TTKF Invest ApS
Owner (25%)MMAC ApS
Owner (10%)Christmas Møller Invest ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderDatacon Group ApSCurrent

The CEOs' other companies

Michael Holst Andersen – 1 other companies

Address history (4 moves)

Kompagnistræde 39, 1., 1208 København K
Kirsten Walthers Vej 8, 2500 Valby
Kirsten Walthers Vej 8A, st., 2500 Valby
Måløv Byvej 229, 2760 Måløv
Hejrevang 13, 3450 Allerød

Former names

Travel Operations A/S – now
Datacon Travel Operations A/S –

Employees per year

Number of employees at Travel Operations A/S per year8152017: 1320172018: 152018

Other companies at the same address

Similar companies in København

Questions and answers about Travel Operations A/S

Has Travel Operations A/S gone bankrupt?

No, Travel Operations A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Travel Operations A/S?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of Travel Operations A/S?

Michael Holst Andersen is the CEO of Travel Operations A/S.

Who is the auditor of Travel Operations A/S?

Travel Operations A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Travel Operations A/S founded?

Travel Operations A/S was founded on 8 June 2017.

What is the equity of Travel Operations A/S?

Equity was DKK 12.0m according to the annual report for the period ending 30 June 2025.

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