CWT DENMARK A/S

CVR 66097218 · Public limited company (A/S) · Active · Low risk

CWT DENMARK A/S is a Public limited company (A/S), founded on 27 June 1980, based in København K. The company is registered in the industry rejsebureauers aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 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 16.4m and a net result of DKK -1.3m.

Bankruptcy risk for CWT DENMARK A/S

0.0%

probability of bankruptcy within 12 months

Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Number of CEOs0 · bankruptcy rate 12.7%1.4×

RegionHovedstaden · bankruptcy rate 11.6%1.3×

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Employees (latest year)100+ · bankruptcy rate 2.3%0.27×

Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Current ratio200%–500% · bankruptcy rate 3.4%0.39×

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

Company typeA/S · bankruptcy rate 4.4%0.50×

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: 66097218
Status: Active
Company type: Public limited company (A/S)
Founded: 27 June 1980 (46 years)
Address: c/o Global Business Travel, Langebrogade 3H, 2.
1411 København K
Municipality: København
Industry: Rejsebureauers aktiviteter (791100)
Bankruptcies in the industry: Rejsearrangører
Share capital: DKK 10.0m
Employees: 130 (2018)
Auditor: DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out: No

Warning signs

Annual reports filed late	4 of 31
Missing annual report	No
Negative equity	No
Equity ratio	39.2%
Current ratio	206%
Moves (last 2 years)	1
CEO changes in total	6
CEO's previous bankruptcies	0
Other companies at the address	33
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK 36.5m	DKK 39.2m	DKK 39.1m
Net profit	DKK -1.3m	DKK 921k	DKK -3.5m
Equity	DKK 16.4m	DKK 17.7m	DKK 16.8m
Total assets	DKK 41.8m	DKK 46.4m	DKK 46.5m
Short-term debt	DKK 19.8m	DKK 23.3m	–
Avg. employees	73	80	–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	30 Jun 2026	181
1 Jan 2024 – 31 Dec 2024	27 Jun 2025	178
1 Jan 2023 – 31 Dec 2023	27 Jun 2024	179
1 Jan 2022 – 31 Dec 2022	7 Jul 2023	188	Late
1 Jan 2021 – 31 Dec 2021	15 Jul 2022	196	Late
1 Jan 2020 – 31 Dec 2020	3 Sep 2021	246	Late
1 Jan 2019 – 31 Dec 2019	14 Sep 2020	258	Late
1 Jan 2018 – 31 Dec 2018	24 Jun 2019	175
1 Jan 2017 – 31 Dec 2017	23 May 2018	143
1 Jan 2016 – 31 Dec 2016	5 Jun 2017	156
1 Jan 2015 – 31 Dec 2015	13 Jun 2016	165
1 Jan 2014 – 31 Dec 2014	27 May 2015	147
1 Jan 2013 – 31 Dec 2013	15 May 2014	135
1 Jan 2012 – 31 Dec 2012	11 Jun 2013	162
1 Jan 2011 – 31 Dec 2011	14 Jun 2012	166
1 Jan 2010 – 31 Dec 2010	22 May 2011	142
1 Jan 2009 – 31 Dec 2009	2 Jun 2010	153
1 Jan 2008 – 31 Dec 2008	28 May 2009	148
1 Jan 2007 – 31 Dec 2007	21 May 2008	142
1 Jan 2006 – 31 Dec 2006	28 May 2007	148

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

Role	Name	From	To
CEO	Knud Valentin Kümpel	27 Jun 1980	2 May 2000
CEO	Henning Minor	27 Jun 1980	16 May 1988
CEO	Anna Britta Dalunde	2 May 2000	31 Aug 2000
CEO	Eric Michiel van Kuik	1 May 2014	29 Jul 2014
Board	Torben Brik Rodenberg	1 Apr 2015	Current
Board	Jens Michael Hyldnæs	1 Jan 2018	Current
Board	Kaj Mikael Genas	4 Jul 2023	Current
Board	Jens Frederiksen	3 Oct 2025	Current
Board	Niels Lund	27 Jun 1980	30 May 1994
Board	Brenda Bork Ejderskov	27 Jun 1980	30 May 1994
Board	Inger-Margrethe Warnøe	27 Jun 1980	10 Nov 1994
Board	Henning Minor	27 Jun 1980	16 May 1990
Board	Jarl Ryborg Lehmann	27 Jun 1980	25 Feb 1993
Board	Jarl Ryborg Lehmann	27 Jun 1980	16 May 1990
Board	Christian Lund Nielsen	27 Jun 1980	16 May 1990
Board	Jørgen Andreas Jørgensen	27 Jun 1980	16 May 1990
Board	Ole Jan Andersen	27 Jun 1980	5 May 1999
Board	Britt Jette Rasmussen	27 Jun 1980	30 May 1994
Board	Helle Andersen	27 Jun 1980	10 Nov 1994
Board	Helle Andersen	27 Jun 1980	30 May 1994
Board	Susanne Damgård Nielsen	27 Jun 1980	18 May 1998
Board	John Ib Helge Hansen	27 Jun 1980	14 Aug 1991
Board	Jens Normann Andersen	27 Jun 1980	16 May 1990
Board	Inge Cathrine Kyster	27 Jun 1980	18 May 1998
Board	Inge Cathrine Kyster	27 Jun 1980	25 Feb 1993
Board	Birthe Elsbeth Minor	27 Jun 1980	12 Jan 1989
Board	Daniel Francois Pierre Marie Convent	27 Jun 1980	26 May 1997
Board	Geoffrey Thomas Marshall	27 Jun 1980	12 Aug 1992
Board	Herve Andre Henri Gourio	27 Jun 1980	29 Mar 1993
Board	Per Rønnow Kønig	26 May 1997	5 May 1999
Board	Jean-Pierre Victor Carlin	26 May 1997	14 Feb 2000
Board	Preben Højmark Jensen	18 May 1998	20 Jan 1999
Board	Inger-Margrethe Warnøe	18 May 1998	18 May 1998
Board	Christian Greve Nielsen	18 May 1998	5 May 1999
Board	Tina Wilsborg Sørensen	18 May 1998	16 Dec 2002
Board	Knud Valentin Kümpel	5 May 1999	2 May 2000
Board	Inger-Margrethe Warnøe	5 May 1999	16 Dec 2002
Board	Inger-Margrethe Warnøe	5 May 1999	5 May 1999
Board	Richard Grahame Lovell	5 May 1999	1 Jan 2006
Board	Anna Britta Dalunde	2 May 2000	31 Aug 2000
Board	Nicholas Charles Paul Francou	2 May 2000	28 Feb 2007
Board	Niels Jan-Anders Holmqvist	1 Sep 2000	28 Nov 2000
Board	Anna Britta Dalunde	28 Nov 2000	27 Dec 2000
Board	Niels Jan-Anders Holmqvist	27 Dec 2000	30 Jan 2002
Board	James Murray Tweedie	30 Jan 2002	15 Aug 2005
Board	Hans Lund	16 Dec 2002	9 May 2006
Board	Jeanette Wilde	16 Dec 2002	30 Apr 2005
Board	Ulrik Mikael von de Ahé	16 Dec 2002	12 May 2003
Board	Sine Harmuth Jørgensen	16 Dec 2002	12 May 2003
Board	Sine Harmuth Jørgensen	12 May 2003	28 Feb 2007
Board	Lars Bording	15 Aug 2005	2 Nov 2006
Board	Jan Willem Dekker	1 Jan 2006	1 Jan 2009
Board	Søren Islin	9 May 2006	22 Dec 2006
Board	Glenn Birkelev	9 May 2006	22 Dec 2006
Board	Anne Mette Kjellin	9 May 2006	28 Feb 2007
Board	Michel Jean-Baptiste Louis Dousselin	2 Nov 2006	16 Dec 2009
Board	Søren Islin	22 Dec 2006	30 Apr 2008
Board	Leif Christian Rasmussen	28 Feb 2007	5 Mar 2008
Board	Anne Mette Kjellin	28 Feb 2007	1 Jul 2014
Board	Patrick Nikaan Andersen	5 Mar 2008	1 Aug 2008
Board	Sophie Christine Jeanne Hulgard	1 Aug 2008	1 Apr 2015
Board	Helle Forland	28 Oct 2008	30 Apr 2012
Board	Palle Bruun	28 Oct 2008	31 Aug 2020
Board	Patrick Nikaan Andersen	1 Jan 2009	27 Jan 2014
Board	Pierre Albert Charles Milet	16 Dec 2009	27 Jan 2014
Board	Rikke Lyse	23 Mar 2011	1 Jul 2014
Board	Alan Charles Donald	29 May 2012	1 May 2014
Board	Johan Wilson	27 Jan 2014	22 May 2017
Board	Eric Michiel van Kuik	1 May 2014	22 May 2017
Board	Rikke Lyse	1 Jul 2014	1 Jan 2018
Board	Christopher Bowen	22 May 2017	31 Aug 2021
Board	Mahmoud Masoud	22 May 2017	1 Dec 2019
Board	Virpi Marjatta Paasonen	22 May 2017	7 Sep 2017
Board	Kaj Mikael Genas	31 Aug 2020	3 Jul 2023
Board	Rhodri Llewelyn Hollister Turner	31 Aug 2021	16 Jun 2023
Board	Lauren Jennifer Aste	4 Jul 2023	3 Oct 2025
Owner (100%)	CWT Beheermaatshappij B.V	22 Feb 2000	Current
Auditor	DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB	13 Oct 2011	Current
Auditor	Bent Engelbret	27 Jun 1980	16 May 1990
Auditor	Jørgen Hübertz Knudsen	27 Jun 1980	29 Jun 1989
Auditor	EY Danmark A/S	27 Jun 1980	12 Aug 1992
Auditor	DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB	27 Jun 1980	13 Oct 2011

The CEOs' other companies

Knud Valentin Kümpel – 3 other companies

CROWN TOURS ApS Opløst
PROSOFT A/S Opløst
TRAVELQUEST A/S Opløst

Henning Minor – 4 other companies

CROWN TOURS ApS Opløst
PROSOFT A/S Opløst
TDB.02 ApS Opløst
TRAVELQUEST A/S Opløst

Address history (4 moves)

8 Dec 2025	c/o Global Business Travel, Langebrogade 3H, 2., 1411 København K
2 Jul 2009	Ørestads Boulevard 35, 3., 2300 København S
15 Jul 2008	Vester Farimagsgade 7, 3., 1606 København V
12 Oct 2006	Vester Farimagsgade 7, 1606 København V
27 Jun 1980	Nyropsgade 47, 1602 København V

Former names

CWT DENMARK A/S	31 Aug 2020 – now
CARLSON WAGONLIT DANMARK A/S	18 Apr 2005 – 30 Aug 2020
WORLD TOURIST REJSEBUREAU A/S	27 Jun 1980 – 17 Apr 2005

Employees per year

Other companies at the same address

3A Entreprise ApS Active
3A Light ApS Active
3A Salad ApS Active
APE ApS Opløst
Agreena ApS Active
Agreena Carbon Markets ApS Active
BANG & BEENFELDT A/S Active
CHAS. HUDE A/S Active
CLAUSEN ENGINEERING ApS Active
COPENHAGEN ECONOMICS A/S Active
Chas. Hude Legal Advokatanpartselskab ApS Opløst
Corteva Agriscience Denmark A/S Active
Devote Consulting ApS Active
EGENCIA DENMARK A/S Active
EJENDOM.COM APS Active
Ejendom.com Holding ApS Active
Glaecier ApS Active
Global Business Travel ApS Active
Global Wind Organisation DK ApS Active
LFN Investment GP ApS Active
NEWTON ApS Active
NP advokater ApS Active
Nordic Social ApS Fusioneret
Norlys Tv og Internet A/S. Fusioneret
P88 ApS Active

Similar companies in København

Questions and answers about CWT DENMARK A/S

Has CWT DENMARK A/S gone bankrupt?

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

What is the bankruptcy risk of CWT DENMARK A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of CWT DENMARK A/S?

CWT DENMARK A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was CWT DENMARK A/S founded?

CWT DENMARK A/S was founded on 27 June 1980.

What is the equity of CWT DENMARK A/S?

Equity was DKK 16.4m 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.