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Thunder Exchange ApS
APS
Active
CVR 37149772
Markedsgade 10, 3. 21
Travel agency activities · NACE 7911
Est. 2015
1 employees
thunderexchange.dk
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Overview
Financials
People & ownership
Related companies
Revenue 2025
DKK 716K
+8% vs 2024
EBITDA margin
61.0%
+18% vs 2024
Equity ratio
58.3%
Financial strength
Net profit 2025
DKK 313K
-7% vs 2024
EBITDA — year on year
DKK millions
0M
-0M
-1M
-1M
-1M
0M
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
0M
0%
2025
Key figures
Annual report 2025
Revenue
DKK 716K
+8%
EBITDA
DKK 437K
+18%
Net profit
DKK 313K
-7%
Total assets
DKK 624K
-28%
Equity
DKK 363K
+4%
Employees
1
—
Company information
Legal name
Thunder Exchange ApS
CVR number
37149772
Legal form
Anpartsselskab
NACE code
7911 · Travel agency activities
Founded
12. oktober 2015
Share capital
DKK 40.000
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-09-30
Financial year
January – December
Signatory rights
Selskabet tegnes af to direktører, eller en direktør og bestyrelsesformanden.
Company purpose
§ 2 Selskabets formål er at hjælpe unge studerende til udlandet som udvekslingsstudent og andre uddannelsesophold i udlandet.
Contact
Address
Markedsgade 10, 3. 21
Phone
+4560235529
Email
finn@thunderexchange.dk
Website
thunderexchange.dk
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Companies in Travel agency activities
Companies in Randers
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Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
1M
2023
1M
2024
1M
2025
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2021
0M
2022
0M
2023
0M
2024
0M
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Revenue
487
476
720
661
716
Staff expenses
-204
-343
-359
-292
-279
EBITDA
283
133
360
369
437
Depreciation & amort.
-0
-0
-0
-0
-0
EBIT
283
133
360
369
437
Net financials
-0
-67
-9
67
-30
Profit before tax
283
66
352
436
407
Tax
64
14
79
98
93
Net profit
219
51
272
338
313
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
338
475
1.075
871
624
Equity
207
240
512
350
363
Long-term debt
0
14
76
98
93
Short-term debt
41
220
487
422
167
Total debt
41
235
563
521
260
Financial ratios
5-year trend
EBITDA margin
61.0%
This company
15.8%
Market median
+286% vs market
2021
2025
Equity ratio
58.3%
This company
38.2%
Market median
+53% vs market
2021
2025
Return on equity
86.2%
This company
18.4%
Market median
+368% vs market
2021
2025
Net profit margin
43.7%
This company
8.1%
Market median
+440% vs market
2021
2025
Asset turnover
1.15×
This company
1.12×
Market median
+3% vs market
2021
2025
Debt / equity
0.72×
This company
0.62×
Market median
+16% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-09-30
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
AR
Andreas Rahbæk Brandsen
Chief Executive Officer
Chief Executive Officer
2015
FR
Finn Rahbæk Brandsen
Founder
Founder
2015
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Brandsen Invest ApS
Company
50–66.65%
50–66.65%
2024
Brandsen Holding ApS
Company
33.33–49.99%
33.33–49.99%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Brandsen Holding ApS
Thunder Exchange ApS
(this company)
Board network connections
Board members of Thunder Exchange ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Andreas Rahbæk Brandsen
Chief Executive Officer
0 companies
Finn Rahbæk Brandsen
Founder
0 companies