EXPRESS TRAVEL ApS

APSBankruptAdvertising protection

CVR 35846034Vester Farimagsgade 3, 1606 København VTravel agency activities· NACE 7911Est. 2014 · 12 years old1 employees

Overview

EXPRESS TRAVEL ApS is a Danish APS based in København V, operating in the Travel agency activities sector. Incorporated in 2014, the company has 1 employee and reported a gross profit of DKK 304.1k in its latest annual filing.

Gross profit 2018

304.1K DKK

+33% vs 2017

EBITDA margin (of gross profit)

39.4 %

+17021% vs 2017

Net profit 2018

92.8K DKK

+647% vs 2017

Key ratios

See full ratios →

87.0 %

Very strong

Among the 20% highest rated companies in the industry

20152018

6.7×

Very strong

Among the 20% highest rated companies in the industry

20152018

40.9 %

Very strong

Among the 10% highest rated companies in the industry

20152018

EBITDA — year on year

DKK thousands

Key figures

Annual report 2018

Gross profit	304.1K DKK	+33%
EBITDA	119.9K DKK	+17021%
Net profit	92.8K DKK	+647%
Total assets	227.1K DKK	+28%
Equity	197.6K DKK	+89%
Employees	1	—

Contact

Address

Vester Farimagsgade 3, 1606 København V

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2018), EXPRESS TRAVEL ApS reported a gross profit of DKK 304.1k, an increase of 33% on the year before. The figures on this page draw on 4 annual filings covering 2015 to 2018. The bottom line showed a net profit of DKK 92.8k, and the EBITDA margin stood at 39.4%.

At the end of 2018, equity financed 87% of the balance sheet, and current assets covered short-term debt 6.7 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2018	2017	2016	2015
Gross profit	304	229	214	173
Staff expenses	-184	-228	-146	-145
EBITDA	120	1	68	28
Depreciation & amort.	-0	-0	-0	-0
EBIT	120	1	68	28
Net financials	-1	-17	-1	-2
Profit before tax	119	-17	67	26
Tax	26	0	15	6
Net profit	93	-17	52	20

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Balance sheet

DKK thousands

Item	2018	2017	2016	2015
Total assets	227	178	231	123
Equity	198	105	122	70
Long-term debt	0	0	0	0
Short-term debt	30	73	110	53
Total debt	30	73	110	53

Financial ratios

5-year trend

EBITDA margin (of gross profit)

39.4 %

20152018

Equity ratio

87.0 %

Very strong

Among the 20% highest rated companies in the industry

20152018

Return on equity

47.0 %

Strong

Among the 30% highest rated companies in the industry

20152018

Net profit margin (of gross profit)

30.5 %

20152018

Asset turnover (of gross profit)

1.34×

20152018

Debt / equity

0.15×

Very strong

Among the 20% highest rated companies in the industry

20152018

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioStrong

Among the 30% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 20% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 20% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 20% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 20% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 20% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 20% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2018
Filed via CVR / Virk · Period 2017-07-01 – 2018-06-30
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-07-01 – 2017-06-30
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2015-07-01 – 2016-06-30
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2014-05-06 – 2015-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (2)


BL Bo Lauritzen Liquidator	Liquidator	2020 – 2020
AA Adris Ahmad Management	Management	2014 – 2020

Board of directors

Non-executive oversight

Name	Role	Member since

Former (1)


MA Mushtaq Ahmad Board of Directors	Board of Directors	2014 – 2018

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Adris Ahmad	Individual	100%	100%	2014

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of EXPRESS TRAVEL ApS also hold positions in 41 other companies.

Person	Role here	Other companies
Bo Lauritzen	Liquidator	41 companiesMany roles

Frequently asked questions

What is the CVR number of EXPRESS TRAVEL ApS?

EXPRESS TRAVEL ApS is registered with CVR / Virk under CVR 35846034.

What is the gross profit of EXPRESS TRAVEL ApS?

EXPRESS TRAVEL ApS reported a gross profit of DKK 304.1k in 2018.

How many employees does EXPRESS TRAVEL ApS have?

EXPRESS TRAVEL ApS employs 1 people as of the latest annual report.

Where is EXPRESS TRAVEL ApS headquartered?

EXPRESS TRAVEL ApS's registered address is Vester Farimagsgade 3, st..