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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 616 | −73 | −448 | 643 | 2,117 | 3,415 | +61.3% |
| Operating profit (EBIT) | – | −960 | −1,636 | −891 | −28 | 87 | +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 assets | 4,012 | 3,484 | 6,472 | 8,499 | 15,082 | 16,999 | +12.7% |
| Equity | 1,668 | 839 | 1,186 | 1,012 | 1,820 | 2,824 | +55.2% |
| Liabilities | 2,345 | 2,645 | 5,286 | 7,487 | 13,262 | 14,174 | +6.9% |
| Cash and cash equivalents | 3,325 | 1,881 | 1,937 | 2,286 | 4,407 | 3,460 | −21.5% |
| Average number of employees | 2 | 2 | 3 | 3 | 4 | 6 | +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
Signals from the financial statements
calculated from the 2025 figuresLoss 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 13/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 29/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 20/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 06/07/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
125 companies in the databaseComparison with the other companies in travel agency activities based on the latest financial year.
Industry median: gross profit DKK 2.8m, net profit DKK 448k, equity DKK 2m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Grail ApSDKK 3.4m
- Kilroy International A/SDKK 333.1m
- Albatros Travel A/SDKK 173.1m
- Grail ApS−DKK 45,397
- Kilroy International A/SDKK 11.6m
- Albatros Travel A/SDKK 27.5m
- Grail ApSDKK 2.8m
- Kilroy International A/SDKK 54.7m
- Albatros Travel A/SDKK 102.3m
- Grail ApS8
- Kilroy International A/S79
- Albatros Travel A/S148
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Nosca A/S25%
- Rivolta ApS25%
- Hurricane Invest ApS5%
- Hvf Holding ApS15%
- Feles Holding ApS20%
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jesper Rovsing Olsen | Director | 16/08/2018 |
| Peter Rasmussen | CEO | 19/02/2019 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jesper Rovsing Olsen | Board member | 19/02/2019 |
| Henrik Vilhelm Fuglsang | Chair of the board | 19/02/2019 |
| Lars Thuesen | Board member | 19/02/2019 |
| Peter Rasmussen | Board member | 19/02/2019 |
| Stig Holmegaard Thygesen | Board member | 28/10/2020 |
| Mikael Kristian Vest | Board member | 28/10/2020 |
- Founders
- Rivolta ApS, Feles Holding ApS
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Rasmussen | Director | 16/08/2018 | 18/02/2019 |
| Rolf Christian Garde | Board member | 28/10/2020 | 25/10/2023 |
Signing rule: Selskabet tegnes af én direktør i forening med bestyrelsens formand eller af den samlede bestyrelse.
Address and production units
1 active production unitsReventlowsgade 18
1651 København V
København Municipality · Postcode 1651
Other companies at the address (1)
- Basisfinans ApSOther financial service activities n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Grail ApS | Reventlowsgade 18, st. tv, 1651 København V | 8 | 1023870386 |
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 events20262 changescapital 1 · accounts 1
- CapitalShare capital changed from 143,056 DKK to 145,913 DKK
- AccountsAnnual report for 2025 published
20253 changescapital 1 · accounts 1 · industry 1
- CapitalShare capital changed from 136,056 DKK to 143,056 DKK
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Travel agency activities (791100)
20248 changescapital 2 · ownership 4 · accounts 1 · address 1
- CapitalShare capital changed from 131,389 DKK to 136,056 DKK
- OwnershipFeles Holding ApS registered as owner (20%)
- OwnershipHVF HOLDING ApS registered as owner (15%)
- OwnershipFeles Holding ApS is no longer registered as owner
- OwnershipHVF HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 128,889 DKK to 131,389 DKK
- AddressMoved to Reventlowsgade 18, st. tv, 1651 København V
20233 changesmanagement 1 · accounts 1 · capital 1
- ManagementRolf Christian Garde stepped down as board member
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 121,889 DKK to 128,889 DKK
20222 changescapital 1 · accounts 1
- CapitalShare capital changed from 103,000 DKK to 121,889 DKK
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
202014 changescapital 2 · management 3 · ownership 9
- CapitalShare capital changed from 83,000 DKK to 103,000 DKK
- ManagementStig Holmegaard Thygesen appointed board member
- ManagementRolf Christian Garde appointed board member
- ManagementMikael Kristian Vest appointed board member
- OwnershipHURRICANE INVEST ApS registered as owner (5%)
- CapitalShare capital changed from 57,670 DKK to 83,000 DKK
- OwnershipFeles Holding ApS registered as owner (25%)
- OwnershipHVF HOLDING ApS registered as owner (10%)
- OwnershipNOSCA A/S registered as owner (25%)
- OwnershipRivolta ApS registered as owner (25%)
- OwnershipHVF HOLDING ApS is no longer registered as owner
- OwnershipNOSCA A/S is no longer registered as owner
- OwnershipFeles Holding ApS is no longer registered as owner
- OwnershipRivolta ApS is no longer registered as owner
20199 changescapital 1 · management 6 · ownership 2
- CapitalShare capital changed from 50,000 DKK to 57,670 DKK
- ManagementPeter Rasmussen appointed ceo
- ManagementPeter Rasmussen appointed board member
- ManagementLars Thuesen appointed board member
- ManagementJesper Rovsing Olsen appointed board member
- ManagementHenrik Vilhelm Fuglsang appointed chair of the board
- OwnershipHVF HOLDING ApS registered as owner (5%)
- OwnershipNOSCA A/S registered as owner (5%)
- ManagementPeter Rasmussen stepped down as director
20185 changesfounded 1 · management 2 · ownership 2
- FoundedRegistered as Grail ApS
- ManagementPeter Rasmussen appointed director
- ManagementJesper Rovsing Olsen appointed director
- OwnershipFeles Holding ApS registered as owner (33.33%)
- OwnershipRivolta ApS registered as owner (33.33%)
Related companies
Same industry in København
- Jysk Rejsebureau A/S148 employees
- Albatros Travel A/S148 employees
- Global Business Travel ApS92 employees
- Egencia Denmark A/S79 employees
- Kilroy International A/S79 employees
- Cwt Denmark A/S69 employees
Same people in management
- Umove A/Svia Mikael Kristian Vest
- Awaze A/Svia Lars Thuesen
- Jettime a/svia Lars Thuesen
- Hardi International A/Svia Henrik Vilhelm Fuglsang
- Orkla Care A/Svia Lars Thuesen
- TL Byg A/Svia Mikael Kristian Vest
Largest in the industry
- Kilroy International A/SDKK 333.1m
- Albatros Travel A/SDKK 173.1m
- Jysk Rejsebureau A/SDKK 137.5m
- Polar Latitudes A/SDKK 84.4m
- TourCompass A/SDKK 74.4m
- Global Business Travel ApSDKK 66.1m
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.