Travel4Business ApS

CVR 40518770 · Private limited company (ApS) · Active · Low risk

Travel4Business ApS is a Private limited company (ApS), founded on , based in Herlev. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 2.6m and a net result of DKK 424k. CEO: Kasper Hein Nørgaard.

Bankruptcy risk for Travel4Business ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · 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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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
40518770
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Events4business ApS, Skinderskovvej 10
2730 Herlev
Municipality
Herlev
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 264k
Auditor
DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio35.4%
Current ratio148%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address28
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.3mDKK 1.4m
Net profitDKK 424kDKK 463k
EquityDKK 2.6mDKK 1.5m
Total assetsDKK 7.5mDKK 5.0m
CashDKK 2.7m–
Short-term debtDKK 4.7m–
Tax owedDKK 405k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025140
1 Jul 2023 – 30 Jun 2024126
1 Jul 2022 – 30 Jun 2023157
1 Jul 2021 – 30 Jun 2022158
1 Jul 2020 – 30 Jun 2021159
14 May 2019 – 30 Jun 2020119

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
CEOKasper Hein NørgaardCurrent
CEOBrian Ingemann Larsen
BoardBrian Ingemann Larsen
BoardRonni Thomasen
BoardKasper Hein Nørgaard
BoardJørn Nørgaard Jensen
BoardJohnny Stilou
Owner (33%)Thomas Darlie NørgaardCurrent
Owner (50%)Nørgaard86 Holding ApSCurrent
Owner (10%)Jørn Nørgaard JensenCurrent
Owner (20%)Jørn Nørgaard Jensen
Owner (10%)Johnny Stilou
Owner (10%)RT HOLDING SKOVLUNDE ApS
Owner (20%)Nørgaard86 Holding ApS
Owner (20%)Bebe Holding Skovlunde ApS
Owner (10%)Jørn Nørgaard Jensen
Owner (25%)Nørgaard86 Holding ApS
Owner (25%)Bebe Holding Skovlunde ApS
Owner (15%)Jørn Nørgaard Jensen
Owner (33%)Travel4Business ApS
Owner (20%)Jørn Nørgaard Jensen
Owner (15%)Jørn Nørgaard Jensen
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKABCurrent
AuditorHartzberg+
AuditorHartzberg+ ApS
FounderThomas Darlie NørgaardCurrent
FounderJørn Nørgaard JensenCurrent
FounderJohnny StilouCurrent
FounderRT HOLDING SKOVLUNDE ApSCurrent
FounderNørgaard86 Holding ApSCurrent
FounderBebe Holding Skovlunde ApSCurrent

The CEOs' other companies

Kasper Hein Nørgaard – 2 other companies

Brian Ingemann Larsen – 6 other companies

Address history (2 moves)

c/o Events4business ApS, Skinderskovvej 10, 2730 Herlev
c/o Events4business ApS, Klausdalsbrovej 493, 1., 2730 Herlev
Skinderskovvej 10, 2730 Herlev

Former names

Travel4Business ApS – now
Travel4Business A/S –

Other companies at the same address

Questions and answers about Travel4Business ApS

Has Travel4Business ApS gone bankrupt?

No, Travel4Business ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Travel4Business ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Travel4Business ApS?

Kasper Hein Nørgaard is the CEO of Travel4Business ApS.

Who is the auditor of Travel4Business ApS?

Travel4Business ApS most recently used DANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB.

When was Travel4Business ApS founded?

Travel4Business ApS was founded on 14 May 2019.

What is the equity of Travel4Business ApS?

Equity was DKK 2.6m 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.