Travel Operations Business A/S

CVR 41097272 · Public limited company (A/S) · Active · High risk

Travel Operations Business 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 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 2.0m and a net result of DKK 7.9m. CEO: Michael Holst Andersen.

Bankruptcy risk for Travel Operations Business A/S

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · 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×
Return on assets15%+ · 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
41097272
Status
Active
Company type
Public limited company (A/S)
Founded
(6 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 1.0m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio41.6%
Current ratio18,340%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 10.1mDKK 6.0m
Net profitDKK 7.9mDKK -491k
EquityDKK 2.0mDKK -6.0m
Total assetsDKK 4.7mDKK 6.6m
CashDKK 690–
Short-term debtDKK 26k–
Avg. employees0–

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 2024186 Late
1 Jul 2022 – 30 Jun 2023170
1 Jul 2021 – 30 Jun 2022190 Late
21 Jan 2020 – 30 Jun 2021159

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
CEOPeter Tolstrup Holm
BoardMichael Holst AndersenCurrent
BoardPeter JacobsenCurrent
BoardJacob Sylvest AndersenCurrent
BoardPeter Tolstrup Holm
Owner (100%)Travel Operations A/SCurrent
Owner (90%)Travel Operations A/S
Owner (10%)PTH Group ApS
Owner (67%)Travel Operations A/S
Owner (20%)PTH Group ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTravel Operations A/SCurrent
FounderPTH Group ApSCurrent

The CEOs' other companies

Michael Holst Andersen – 1 other companies

Peter Tolstrup Holm – 10 other companies, of which 2 bankrupt

Address history (3 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

Other companies at the same address

Similar companies in København

Questions and answers about Travel Operations Business A/S

Has Travel Operations Business A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of Travel Operations Business A/S?

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

Who is the auditor of Travel Operations Business A/S?

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

When was Travel Operations Business A/S founded?

Travel Operations Business A/S was founded on 21 January 2020.

What is the equity of Travel Operations Business A/S?

Equity was DKK 2.0m 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.