Grail ApS

Private limited companyCVR 39789752København VActive

Grail ApS is a private limited company, based in København V, active in travel agency activities, founded in 2018. The company made a loss in both 2024 and 2025, most recently DKK 45,397. Equity grew to DKK 2.8m in 2025. 7 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 3.4m+61.3% vs. 2024
Net profit−DKK 45,397+73% vs. 2024
EquityDKK 2.8m+55.2% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 61% (2024 → 2025), to DKK 3.4m.
  • The loss got smaller: from DKK 168k to DKK 45,397 (2024 → 2025).
  • Equity rose 55% (2024 → 2025), to DKK 2.8m.

Registrations, last 24 months

  • 08/08/2026: Share capital changed from 143,056 DKK to 145,913 DKK
  • 27/10/2025: Share capital changed from 136,056 DKK to 143,056 DKK
  • 01/01/2025: Industry changed to Travel agency activities (791100)

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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
EquityNet profit
Financial figures for Grail ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit616−73−4486432,1173,415+61.3%
Operating profit (EBIT)–−960−1,636−891−2887+409.7%
Profit before tax−187−1,063−1,767−1,119−213−55+74%
Net profit−242−829−1,378−873−168−45+73%
Total assets4,0123,4846,4728,49915,08216,999+12.7%
Equity1,6688391,1861,0121,8202,824+55.2%
Liabilities2,3452,6455,2867,48713,26214,174+6.9%
Cash and cash equivalents3,3251,8811,9372,2864,4073,460−21.5%
Average number of employees223346+50%

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 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
Gross profitMedian, the industry (125 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 Grail ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202413/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202220/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202006/07/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

125 companies in the database

Comparison with the other companies in travel agency activities based on the latest financial year.

Gross profitDKK 3.4mNo. 54 of 125
Better than 57% of the companies in the industry
EquityDKK 2.8mNo. 53 of 125
Better than 58% of the companies in the industry
Number of employees8No. 48 of 125
Better than 62% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 448k, equity DKK 2m, 5 employees.

DKK 100kDKK 760kDKK 5.8mDKK 43.9mDKK 169.5mHere
Distribution of gross profit for 119 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 fewer than 20 employees69,967 companies in the comparison
No. 20,086of 69,742
Better than 71%
No. 20,071of 69,964
Better than 71%
Same industry and fewer than 20 employees99 companies in the comparison
No. 30of 99
Better than 70%
No. 31of 99
Better than 69%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 11,883of 33,588
Better than 65%
No. 8,776of 33,687
Better than 74%
All companies of type ApS66,508 companies in the comparison
No. 19,957of 66,379
Better than 70%
No. 16,520of 66,505
Better than 75%

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

Travel agency activities
Gross profit
  1. Grail ApSDKK 3.4m
  2. Kilroy International A/SDKK 333.1m
  3. Albatros Travel A/SDKK 173.1m
Net profit
  1. Grail ApS−DKK 45,397
  2. Kilroy International A/SDKK 11.6m
  3. Albatros Travel A/SDKK 27.5m
Equity
  1. Grail ApSDKK 2.8m
  2. Kilroy International A/SDKK 54.7m
  3. Albatros Travel A/SDKK 102.3m

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
Grail ApS

Management

8 active registrations

Executive management

Executive management at Grail ApS
NameRoleAppointed
Jesper Rovsing OlsenDirector16/08/2018
Peter RasmussenCEO19/02/2019

Board of directors

Board of directors at Grail ApS
NameRoleAppointed
Jesper Rovsing OlsenBoard member19/02/2019
Henrik Vilhelm FuglsangChair of the board19/02/2019
Lars ThuesenBoard member19/02/2019
Peter RasmussenBoard member19/02/2019
Stig Holmegaard ThygesenBoard member28/10/2020
Mikael Kristian VestBoard member28/10/2020
Founders
Rivolta ApS, Feles Holding ApS
Former management (2)
Former management at Grail ApS
NameRoleAppointedResigned
Peter RasmussenDirector16/08/201818/02/2019
Rolf Christian GardeBoard member28/10/202025/10/2023

Signing rule: Selskabet tegnes af én direktør i forening med bestyrelsens formand eller af den samlede bestyrelse.

Address and production units

1 active production units

Reventlowsgade 18
1651 København V

København Municipality · Postcode 1651

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Grail ApSReventlowsgade 18, st. tv, 1651 København V81023870386

Purpose

Selskabets formål er at drive skabe nye innovative løsninger indenfor travel tech samt at bruge disse løsninger til at drive rejsebureauvirksomhed og anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20262 changescapital 1 · accounts 1
  • Share capital changed from 143,056 DKK to 145,913 DKK
  • Annual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
  • Share capital changed from 136,056 DKK to 143,056 DKK
  • Annual report for 2024 published
  • Industry changed to Travel agency activities (791100)
20248 changescapital 2 · ownership 4 · accounts 1 · address 1
  • Share capital changed from 131,389 DKK to 136,056 DKK
  • Feles Holding ApS registered as owner (20%)
  • HVF HOLDING ApS registered as owner (15%)
  • Feles Holding ApS is no longer registered as owner
  • HVF HOLDING ApS is no longer registered as owner
  • Annual report for 2023 published
  • Share capital changed from 128,889 DKK to 131,389 DKK
  • Moved to Reventlowsgade 18, st. tv, 1651 København V
20233 changesmanagement 1 · accounts 1 · capital 1
  • Rolf Christian Garde stepped down as board member
  • Annual report for 2022 published
  • Share capital changed from 121,889 DKK to 128,889 DKK
20222 changescapital 1 · accounts 1
  • Share capital changed from 103,000 DKK to 121,889 DKK
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
202014 changescapital 2 · management 3 · ownership 9
  • Share capital changed from 83,000 DKK to 103,000 DKK
  • Stig Holmegaard Thygesen appointed board member
  • Rolf Christian Garde appointed board member
  • Mikael Kristian Vest appointed board member
  • HURRICANE INVEST ApS registered as owner (5%)
  • Share capital changed from 57,670 DKK to 83,000 DKK
  • Feles Holding ApS registered as owner (25%)
  • HVF HOLDING ApS registered as owner (10%)
  • NOSCA A/S registered as owner (25%)
  • Rivolta ApS registered as owner (25%)
  • HVF HOLDING ApS is no longer registered as owner
  • NOSCA A/S is no longer registered as owner
  • Feles Holding ApS is no longer registered as owner
  • Rivolta ApS is no longer registered as owner
20199 changescapital 1 · management 6 · ownership 2
  • Share capital changed from 50,000 DKK to 57,670 DKK
  • Peter Rasmussen appointed ceo
  • Peter Rasmussen appointed board member
  • Lars Thuesen appointed board member
  • Jesper Rovsing Olsen appointed board member
  • Henrik Vilhelm Fuglsang appointed chair of the board
  • HVF HOLDING ApS registered as owner (5%)
  • NOSCA A/S registered as owner (5%)
  • Peter Rasmussen stepped down as director
20185 changesfounded 1 · management 2 · ownership 2
  • Registered as Grail ApS
  • Peter Rasmussen appointed director
  • Jesper Rovsing Olsen appointed director
  • Feles Holding ApS registered as owner (33.33%)
  • Rivolta ApS registered as owner (33.33%)

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction