VM Rejser ApS

APSActiveAdvertising protection

CVR 40595295Skovhaven 28, 3500 VærløseTravel agency activities· NACE 7911Est. 2019 · 7 years old1 employeeshttps://vmrejser.dk

Overview

VM Rejser ApS is a Danish APS based in Værløse, operating in the Travel agency activities sector. Incorporated in 2019, the company has 1 employee and reported a gross profit of DKK 353.9k in its latest annual filing.

Gross profit 2025

0.4M DKK

+15% vs 2024

EBITDA margin (of gross profit)

30.7 %

−23% vs 2024

Net profit 2025

0.1M DKK

-26% vs 2024

Key ratios

See full ratios →

46.5 %

Average

Around the average of companies in the same industry

20212025

1.9×

Strong

Among the 40% highest rated companies in the industry

20212025

5.5 %

Average

Around the average of companies in the same industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	0.4M DKK	+15%
EBITDA	0.1M DKK	-23%
Net profit	0.1M DKK	-26%
Total assets	1.5M DKK	+18%
Equity	0.7M DKK	+13%
Employees	1	—

Contact

Address

Skovhaven 28, 3500 Værløse

Phone

+45 6145 5664

lt@vmrejser.dk

Website

https://vmrejser.dk

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2025), VM Rejser ApS reported a gross profit of DKK 353.9k, an increase of 15% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 82.3k, and the EBITDA margin stood at 30.7%.

At the end of 2025, equity financed 46.5% of the balance sheet, and current assets covered short-term debt 1.9 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	354	308	231	215	420
Staff expenses	-245	-167	-183	-91	-147
EBITDA	109	142	48	119	273
Depreciation & amort.	-0	-0	-0	-0	-0
EBIT	109	142	48	119	273
Net financials	0	0	-0	-7	-5
Profit before tax	109	142	48	112	267
Tax	-0	-0	11	30	56
Net profit	82	111	37	82	212

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,493	1,267	978	1,186	1,108
Equity	695	612	502	465	383
Long-term debt	0	0	0	0	0
Short-term debt	798	655	476	721	725
Total debt	798	655	476	721	725

Financial ratios

5-year trend

EBITDA margin (of gross profit)

30.7 %

20212025

Equity ratio

46.5 %

Average

Around the average of companies in the same industry

20212025

Return on equity

11.8 %

Average

Around the average of companies in the same industry

20212025

Net profit margin (of gross profit)

23.3 %

20212025

Asset turnover (of gross profit)

0.24×

20212025

Debt / equity

1.15×

Average

Around the average of companies in the same industry

20212025

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)Average

Around the average of companies in the same industry

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

Return on assets (ROA)Average

Around the average of companies in the same industry

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

Return on net assets (RONA)Average

Around the average of companies in the same 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)Strong

Among the 40% 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 ratioStrong

Among the 40% 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 ratioStrong

Among the 40% 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 ratioStrong

Among the 30% highest rated companies in the industry

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

Current assets to equityWeak

Among the 30% lowest 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 capitalVery strong

Among the 10% highest rated companies in the 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 ratioStrong

Among the 40% highest rated companies in the industry

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

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

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

Debt ratioAverage

Around the average of companies in the same industry

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

Debt to equityAverage

Around the average of companies in the same industry

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

Liabilities to equityAverage

Around the average of companies in the same industry

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

Income to debtAverage

Around the average of companies in the same industry

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

EBITDA to debtAverage

Around the average of companies in the same industry

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

Interest coverageVery strong

Among the 10% highest rated companies in the industry

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

Interest rate on debtVery strong

Among the 20% highest rated companies in the industry

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

Interest marginAverage

Around the average of companies in the same 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 capitalStrong

Among the 30% highest rated companies in the industry

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

One-year change in equityStrong

Among the 40% highest rated companies in the industry

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

One-year change in debtWeak

Among the 40% lowest 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 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
MF Mathias Fleig Mortensen Management	Management	2023
SF Steen Fleig Mortensen Founder	Founder	2019

Former (1)


LS Lone Schilling Andersen Chief Executive Officer	Chief Executive Officer	2019 – 2023

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
NS Nanna Schilling Fleig Board of Directors	Board of Directors	2023
MF Mathias Fleig Mortensen Chairman	Chairman	2023
LS Lena Schilling Tange Board of Directors	Board of Directors	2019

Former (2)


SF Steen Fleig Mortensen Board of Directors	Board of Directors	2019 – 2019
LS Lone Schilling Andersen Chairman	Chairman	2019 – 2023

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Nanna Schilling Fleig	Individual	50–66.65%	50–66.65%	2019
Mathias Fleig Mortensen	Individual	50–66.65%	50–66.65%	2019
Steen Fleig Mortensen	Individual	100%	100%	2019

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 VM Rejser ApS also hold positions in 2 other companies.

Person	Role here	Other companies
Steen Fleig Mortensen	Founder	1 company
Lone Schilling Andersen	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of VM Rejser ApS?

VM Rejser ApS is registered with CVR / Virk under CVR 40595295.

What is the gross profit of VM Rejser ApS?

VM Rejser ApS reported a gross profit of DKK 353.9k in 2025.

How many employees does VM Rejser ApS have?

VM Rejser ApS employs 1 people as of the latest annual report.

Who is the chairman of VM Rejser ApS?

Mathias Fleig Mortensen chairs the board of VM Rejser ApS, in role since 2023.

Where is VM Rejser ApS headquartered?

VM Rejser ApS's registered address is Skovhaven 28.