Travelrefund ApS

CVR 39330571 · Private limited company (ApS) · Active · Very high risk

Travelrefund ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 times the average for Danish companies. 8 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 -17.2m and a net result of DKK -5.8m. CEO: Dekan Salar.

Bankruptcy risk for Travelrefund ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
39330571
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Ørestads Boulevard 73, 7.
2300 København S
Municipality
København
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 50k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-411.2%
Current ratio46%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address126
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -3.4mDKK 711kDKK 1.7m
Net profitDKK -5.8mDKK -2.0mDKK -2.3m
EquityDKK -17.2mDKK -11.5mDKK -9.5m
Total assetsDKK 4.2mDKK 5.5mDKK 5.3m
CashDKK 1.9mDKK 4.2m–
Short-term debtDKK 8.9mDKK 7.7m–
Avg. employees99–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025214 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020110
1 Jan 2019 – 31 Dec 2019256 Late
12 Feb 2018 – 31 Dec 2018102

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
CEODekan SalarCurrent
BoardChristian Rützou Hornskov
BoardMustapha Fauzi Yassine
BoardLisbeth Britta Bak
BoardMalik Tayyar
Owner (90%)YASSINE HOLDING ApSCurrent
Owner (10%)I & N Holding ApSCurrent
Owner (100%)Debtia ApS
Owner (100%)YASSINE HOLDING ApS
Owner (10%)Dekan Salar
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderDebtia ApSCurrent

The CEOs' other companies

Dekan Salar – 2 other companies

Address history (1 moves)

Ørestads Boulevard 73, 7., 2300 København S
c/o Hornskov Vindberg A/S, Vestergade 18E, 1456 København K

Former names

Travelrefund ApS – now
Nem Opret ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Travelrefund ApS

Has Travelrefund ApS gone bankrupt?

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

What is the bankruptcy risk of Travelrefund ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

Who is the CEO of Travelrefund ApS?

Dekan Salar is the CEO of Travelrefund ApS.

Who is the auditor of Travelrefund ApS?

Travelrefund ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Travelrefund ApS founded?

Travelrefund ApS was founded on 12 February 2018.

What is the equity of Travelrefund ApS?

Equity was DKK -17.2m 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.