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AIRE Ancient Baths Copenhagen ApS

Private limited companyCVR 38103520København VActive

AIRE Ancient Baths Copenhagen ApS is a private limited company, based in København V, active in operation of day spas, saunas and steam baths, founded in 2016. Measured by gross profit, it ranks no. 2 of 127 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 5.5m. With 65 employees, the company is about 65 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 25.4m+16.3% vs. 2024
Net profit−DKK 5.5m+58.7% vs. 2024
EquityDKK 45.8m+1,297.4% vs. 2024
Employees65latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 25.4m.
  • The loss got smaller: from DKK 13.4m to DKK 5.5m (2024 → 2025).
  • Equity turned positive again: DKK 45.8m (2024 → 2025).

Employees

  • 4 fewer employees than a year earlier: 65 (07/2026) against 69 (07/2025).

Management and owners, last 24 months

  • New in management: Ina Ivalinova Ganeva (director, 20/10/2026).
  • Stepped down: Olly Anna Hrafnsdóttir Toledo (director, 07/09/2026).

Registrations, last 24 months

  • 20/01/2025: Share capital changed from 51,000 DKK to 52,000 DKK
  • 01/01/2025: Industry changed to Operation of day spas, saunas and steam baths (962300)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for AIRE Ancient Baths Copenhagen ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−6,0745,63624,11526,38221,84425,409+16.3%
Operating profit (EBIT)––−1,857−2,614−5,158−2,600+49.6%
Profit before tax−8,897−13,418−5,949−6,630−7,667−3,610+52.9%
Net profit−5,848−10,468−4,655−6,711−13,427−5,540+58.7%
Total assets91,45895,56795,27492,12484,29382,799−1.8%
Equity−10,760−21,228−25,88311,047−3,82645,812+1,297.4%
Liabilities102,218116,795121,15781,07688,11936,987−58%
Cash and cash equivalents4,6796,5777,2844,8945,9468,453+42.2%
Average number of employees33251615955−6.8%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (127 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for AIRE Ancient Baths Copenhagen ApS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202517/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202408/11/2024The companyPDFXBRL
202301/07/2022 – 30/06/202316/11/2023The companyPDFXBRL
202201/07/2021 – 30/06/202208/11/2022The companyPDFXBRL
202101/07/2020 – 30/06/202101/12/2021The companyPDFXBRL
202001/07/2019 – 30/06/202020/11/2020The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02040608008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

127 companies in the database

Comparison with the other companies in operation of day spas, saunas and steam baths based on the latest financial year.

Gross profitDKK 25.4mNo. 2 of 127
Better than 99% of the companies in the industry
EquityDKK 45.8mNo. 1 of 127
Better than 100% of the companies in the industry
Number of employees65No. 2 of 127
Better than 99% of the companies in the industry

Industry median: gross profit DKK 709k, net profit DKK 32,259, equity DKK 119k, 1 employees.

DKK 100kDKK 422kDKK 1.8mDKK 7.5mDKK 19.6mHere
Distribution of gross profit for 122 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 2,992of 4,412
Better than 32%
No. 1,308of 4,466
Better than 71%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,535of 33,588
Better than 95%
No. 1,289of 33,687
Better than 96%
All companies of type ApS66,508 companies in the comparison
No. 1,806of 66,379
Better than 97%
No. 2,261of 66,505
Better than 97%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Operation of day spas, saunas and steam baths
Gross profit
  1. AIRE Ancient Baths Copenhagen ApSDKK 25.4m
  2. Vicuras DK A/SDKK 31.6m
  3. Blessing Center Bonus Exclusive A/SDKK 13.3m
Net profit
  1. AIRE Ancient Baths Copenhagen ApS−DKK 5.5m
  2. Vicuras DK A/SDKK 5.5m
  3. Blessing Center Bonus Exclusive A/SDKK 3m
Equity
  1. AIRE Ancient Baths Copenhagen ApSDKK 45.8m
  2. Vicuras DK A/SDKK 9.8m
  3. Blessing Center Bonus Exclusive A/SDKK 5.5m
Employees
  1. AIRE Ancient Baths Copenhagen ApS65
  2. Vicuras DK A/S84
  3. Blessing Center Bonus Exclusive A/S20

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Aire Ancient Baths Group Sociedad Limitada100%
AIRE Ancient Baths Copenhagen ApS

Management

6 active registrations

Executive management

Executive management at AIRE Ancient Baths Copenhagen ApS
NameRoleAppointed
Armando Prados FortesDirector11/10/2016
Antonio Roman ÁlvarezDirector30/10/2018
Alfredo Alcalde CuervaDirector30/10/2018
Francisco de Borja Marti AnguloDirector30/10/2018
Amadeo Serra SolanaCEO30/10/2018
Ina Ivalinova GanevaDirector20/10/2026
Founders
Ulrik Fleischer-Michaelsen
Former management (2)
Former management at AIRE Ancient Baths Copenhagen ApS
NameRoleAppointedResigned
Borja Esquirol DuqueDirector17/03/202026/04/2021
Olly Anna Hrafnsdóttir ToledoDirector20/10/202107/09/2026

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Ny Carlsberg Vej 101
1799 København V

København Municipality · Postcode 1799

Production units
Production unitAddressEmployeesP number
AIRE Ancient Baths Copenhagen ApSNy Carlsberg Vej 101, 1799 København V641021832061

Purpose

Selskabets formål er markedsudvikling, salg og drift af spaer, svømmebassiner og badeværelser og hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

28 registered events
20262 changesmanagement 2
  • Ina Ivalinova Ganeva appointed director
  • Olly Anna Hrafnsdóttir Toledo stepped down as director
20253 changesaccounts 1 · capital 1 · industry 1
  • Annual report for 2025 published
  • Share capital changed from 51,000 DKK to 52,000 DKK
  • Industry changed to Operation of day spas, saunas and steam baths (962300)
20241 changeaccounts 1
  • Annual report for 2024 published
20232 changesaccounts 1 · capital 1
  • Annual report for 2023 published
  • Share capital changed from 50,000 DKK to 51,000 DKK
20221 changeaccounts 1
  • Annual report for 2022 published
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Olly Anna Hrafnsdóttir Toledo appointed director
  • Borja Esquirol Duque stepped down as director
20208 changesaddress 3 · accounts 1 · management 1 · ownership 3
  • Moved to Ny Carlsberg Vej 101, 1799 København V
  • Annual report for 2020 published
  • Moved to Ny Carlsberg Vej 101, 1799 København V
  • Moved to Gammel Kongevej 60, 18, 1850 Frederiksberg C
  • Borja Esquirol Duque appointed director
  • Aire Ancient Baths Group Sociedad Limitada registered as owner (100%)
  • Aire Ancient Baths, S.L. is no longer registered as owner
  • Balnearios Aire S.L. is no longer registered as owner
20184 changesmanagement 4
  • Antonio Roman Álvarez appointed director
  • Alfredo Alcalde Cuerva appointed director
  • Francisco de Borja Marti Angulo appointed director
  • Amadeo Serra Solana appointed ceo
20164 changesownership 2 · founded 1 · management 1
  • Aire Ancient Baths, S.L. registered as owner (50%)
  • Balnearios Aire S.L. registered as owner (50%)
  • Registered as AIRE Ancient Baths Copenhagen ApS
  • Armando Prados Fortes appointed director

Related companies

Same industry in København

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction