Tembo Travel Group APS
Private limited companyCVR 43334298HerningActive
Tembo Travel Group APS is a private limited company, based in Herning, active in travel agency activities, founded in 2022. After a loss in 2024, the company made a profit of DKK 481k in 2025. Equity grew to DKK 713k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 304% (2024 → 2025), to DKK 2.4m.
- Net profit went from a loss of DKK 119k to a profit of DKK 481k (2024 → 2025).
- Equity rose 207% (2024 → 2025), to DKK 713k.
Employees
- 1 more employees than a year earlier: 7 (07/2026) against 6 (07/2025).
Management and owners, last 24 months
- New owners registered: Axelgaard Invest ApS (26/01/2026).
- No longer registered as owner: Mark Glargaard Axelgaard (26/01/2026).
Registrations, last 24 months
- 25/08/2025: Moved to Bredgade 50, 7400 Herning
- 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 2023–2025 · amounts in DKK thousandEquity and net profit
| 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | – |
| Gross profit | 22 | 593 | 2,398 | +304.4% |
| Operating profit (EBIT) | −16 | −130 | 652 | +602.4% |
| Profit before tax | −18 | −148 | 620 | +518.5% |
| Net profit | −14 | −119 | 481 | +505.5% |
| Total assets | 1,474 | 5,346 | 8,062 | +50.8% |
| Equity | 36 | 232 | 713 | +207.1% |
| Liabilities | 1,438 | 5,114 | 7,340 | +43.5% |
| Cash and cash equivalents | 451 | 2,733 | 3,502 | +28.2% |
| Average number of employees | 1 | 2 | 0 | −100% |
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 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 figuresLow equity ratio
Equity makes up 9% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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
3 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 13/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/05/2025 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 31/12/2023 | 11/04/2024 | 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. 27,176of 69,742 Better than 61% | No. 37,980of 69,964 Better than 46% |
| Same industry and fewer than 20 employees99 companies in the comparison | No. 43of 99 Better than 57% | No. 62of 99 Better than 38% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 4,903of 16,614 Better than 70% | No. 4,795of 16,661 Better than 71% |
| All companies of type ApS66,508 companies in the comparison | No. 26,530of 66,379 Better than 60% | No. 33,848of 66,505 Better than 49% |
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- Tembo Travel Group APSDKK 2.4m
- Kilroy International A/SDKK 333.1m
- Albatros Travel A/SDKK 173.1m
- Tembo Travel Group APSDKK 481k
- Kilroy International A/SDKK 11.6m
- Albatros Travel A/SDKK 27.5m
- Tembo Travel Group APSDKK 713k
- Kilroy International A/SDKK 54.7m
- Albatros Travel A/SDKK 102.3m
- Tembo Travel Group APS7
- 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- MKW Invest ApS33.33%
- Axelgaard Invest ApS50%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mark Glargaard Axelgaard | CEO | 01/07/2022 |
- Founders
- Mark Glargaard Axelgaard
Signing rule: Selskabet tegnes af direktøren
Address and production units
1 active production unitsBredgade 50
7400 Herning
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Tembo Travel Group APS | Bredgade 50, 7400 Herning | 6 | 1028342892 |
Purpose
Selskabets formål er at drive rejsebureauvirksomhed og hermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20263 changesaccounts 1 · ownership 2
- AccountsAnnual report for 2025 published
- OwnershipAxelgaard Invest ApS registered as owner (50%)
- OwnershipMark Glargaard Axelgaard is no longer registered as owner
20253 changesaddress 1 · accounts 1 · industry 1
- AddressMoved to Bredgade 50, 7400 Herning
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Travel agency activities (791100)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20234 changesaddress 2 · capital 1 · ownership 1
- AddressMoved to Sandagervej 10, 7400 Herning
- CapitalShare capital changed from 50,000 DKK to 90,909 DKK
- OwnershipMKW Invest ApS registered as owner (33.33%)
- AddressMoved to Sandagervej 10, 7400 Herning
20224 changesstatus 1 · management 1 · ownership 1 · founded 1
- StatusStatus changed to active
- ManagementMark Glargaard Axelgaard appointed ceo
- OwnershipMark Glargaard Axelgaard registered as owner (50%)
- FoundedRegistered as Tembo Travel Group APS
Related companies
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.