Hot Air ApS
Private limited companyCVR 37661961RingstedActive
Hot Air ApS is a private limited company, based in Ringsted, active in charter and taxi air passenger transport, founded in 2016. Equity was negative at the end of 2025 (−DKK 122k). The company made a loss in both 2024 and 2025, most recently DKK 107k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 95% (2024 → 2025), to DKK 7,922.
- The loss grew: from DKK 53,666 to DKK 107k (2024 → 2025).
Employees
- 1 more employees than a year earlier: 4 (10/2025) against 3 (10/2024).
Registrations, last 24 months
- 01/01/2025: Industry changed to Charter and taxi air passenger transport (511020)
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 | −88 | −180 | −280 | 276 | 145 | 8 | −94.5% |
| Operating profit (EBIT) | 22 | 45 | 28 | 14 | −54 | −107 | −97.4% |
| Profit before tax | 22 | 45 | 28 | 14 | −54 | −107 | −99% |
| Net profit | 22 | 45 | 28 | 14 | −54 | −107 | −99% |
| Total assets | 104 | 178 | 272 | 151 | 102 | 21 | −79.8% |
| Equity | −55 | −9 | 19 | 32 | −21 | −122 | −477.4% |
| Liabilities | 159 | 188 | 253 | 119 | 123 | 143 | +16.3% |
| Cash and cash equivalents | 104 | 178 | 45 | 151 | 19 | 0 | −100% |
| Average number of employees | 1 | 1 | 1 | 1 | 1 | 1 | 0% |
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 figuresNegative equity
Equity was −DKK 122k at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 2 years in a row
Net result has been negative in 2024–2025.
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 | 29/01/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 04/03/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 13/02/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 08/02/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 07/02/2022 | The company | PDF not statedXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 15/03/2021 | The company | PDF not statedXBRL |
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
28 companies in the databaseComparison with the other companies in charter and taxi air passenger transport based on the latest financial year.
Industry median: gross profit DKK 14.7m, net profit DKK 19,373, equity DKK 7.5m, 8 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. 62,584of 69,742 Better than 10% | No. 62,653of 69,964 Better than 10% |
| Same industry and fewer than 20 employees15 companies in the comparison | No. 13of 15 Better than 14% | No. 13of 15 Better than 14% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 30,911of 33,588 Better than 8% | No. 29,525of 33,687 Better than 12% |
| All companies of type ApS66,508 companies in the comparison | No. 60,151of 66,379 Better than 9% | No. 59,004of 66,505 Better than 11% |
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
Charter and taxi air passenger transport- Hot Air ApSDKK 7,922
- Sunclass Airlines ApSDKK 884.9m
- Air Alsie A/SDKK 149.4m
- Hot Air ApS−DKK 107k
- Sunclass Airlines ApSDKK 110.2m
- Air Alsie A/SDKK 7m
- Hot Air ApS−DKK 122k
- Sunclass Airlines ApS−DKK 516.2m
- Air Alsie A/SDKK 72m
- Hot Air ApS4
- Sunclass Airlines ApS398
- Air Alsie A/S210
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Nhv Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Niels Hvid | Director | 04/05/2016 |
- Founders
- Nhv Holding ApS
Signing rule: Virksomheden tegnes af en direktør.
Address and production units
1 active production unitsCirkelhusene 10
4100 Ringsted
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Hot Air ApS | Cirkelhusene 10, Torpet, 4100 Ringsted | 4 | 1021392630 |
Purpose
Virksomhedens formål er at drive virksomhed med passagerflyvning med varmluftballon samt dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
10 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Charter and taxi air passenger transport (511020)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20163 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as Hot Air ApS
- ManagementNiels Hvid appointed director
- OwnershipNHV HOLDING ApS registered as owner (100%)
Related companies
Largest in the industry
- Sunclass Airlines ApSDKK 884.9m
- Air Alsie A/SDKK 149.4m
- Airseven A/SDKK 100.5m
- Bel Air Aviation A/SDKK 81.9m
- Avincis Aviation Denmark A/SDKK 53.1m
- Flexflight ApSDKK 43.6m
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.