Riskpilot← Back to searchSign inGet full accessSunclass Airlines ApS
APSActiveCVR 40844422Handlingsvej Øst 7Passenger air transport · NACE 5110Est. 2019388 employees
Revenue 2025
DKK 4,1B
+1% vs 2024
EBITDA margin
4.7%
+99% vs 2024
Equity ratio
-57.1%
Financial strength
Net profit 2025
DKK 110,2M
+2719% vs 2024
| Revenue | DKK 4,1B | +1% |
| EBITDA | DKK 189,3M | +99% |
| Net profit | DKK 110,2M | +2719% |
| Total assets | DKK 904,5M | -19% |
| Equity | DKK -516,2M | +21% |
| Employees | 388 | — |
Legal name
Sunclass Airlines ApS
CVR number
40844422
Legal form
Anpartsselskab
NACE code
5110 · Passenger air transport
Founded
1. oktober 2019
Share capital
DKK 1.000.000
Employees
388 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-09-30
Financial year
January – December
Signatory rights
Selskabet tegnes af et medlem af bestyrelsen i forening med bestyrelsesformanden eller af et medlem af bestyrelsen i forening med direktøren.
Company purpose
Selskabets formål er at drive luftfartsvirksomhed samt virksomhed med management, vedligeholdelse af fly og salg af forudbestilte tax-free varer samt drinks og snacks ombord.
Address
Handlingsvej Øst 7
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 1.492.965 | 601.238 | 2.734.383 | 3.907.744 | 4.020.080 | 4.068.774 |
| Staff expenses | -577.431 | -368.511 | -501.568 | -643.623 | -670.082 | -695.590 |
| EBITDA | -493.604 | -134.094 | 76.864 | -15.132 | 95.015 | 189.287 |
| Depreciation & amort. | -34.202 | -42.802 | -38.766 | -57.863 | -40.971 | -39.991 |
| EBIT | -527.806 | -176.896 | 38.098 | -72.995 | 54.044 | 149.296 |
| Net financials | -12.461 | -74.358 | -51.681 | -51.352 | -49.837 | -26.432 |
| Profit before tax | -540.266 | -251.254 | -13.583 | -124.347 | 4.207 | 122.864 |
| Tax | -64.786 | -70.555 | 12.604 | -6.300 | 299 | 12.701 |
| Net profit | -475.480 | -180.699 | -26.187 | -118.047 | 3.908 | 110.163 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 791.521 | 958.738 | 1.055.896 | 1.133.293 | 1.115.273 | 904.459 |
| Equity | -348.918 | -451.097 | -492.890 | -573.687 | -657.327 | -516.231 |
| Long-term debt | 433.510 | 657.581 | 540.777 | 414.656 | 295.844 | 55.876 |
| Short-term debt | 523.412 | 390.701 | 515.221 | 787.789 | 1.014.247 | 968.354 |
| Total debt | 956.922 | 1.048.282 | 1.055.998 | 1.202.445 | 1.310.091 | 1.024.230 |
EBITDA margin
4.7%
This company
15.8%
Market median
-70% vs market
20202025
Equity ratio
-57.1%
This company
38.2%
Market median
-249% vs market
20202025
Return on equity
11016300000.0%
This company
18.4%
Market median
+59871195552% vs market
20202025
Net profit margin
2.7%
This company
8.1%
Market median
-67% vs market
20202025
Asset turnover
4.50×
This company
1.12×
Market median
+302% vs market
20202025
Debt / equity
2.75×
This company
0.62×
Market median
-344% vs market
20202025
- Annual report 2025Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
- Annual report 2024Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
- Annual report 2023Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
- Annual report 2022Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
- Annual report 2021Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
- Annual report 2020Filed via CVR / Virk · Period 2019-10-01 – 2020-09-30
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
VW Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
TØ Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
BE Management | Management | 2019 | — | — |
CU Management | Management | 2019 | — | — |
PA Management | Management | 2019 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2019 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2019 | — | — | |
| Chairman | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Nordic Leisure Travel Group Denmark A/S | Company | 100.0% | 100.0% | 2021 |
Nordic Leisure Travel Group Holding Denmark A/S | Company | 100.0% | 100.0% | 2019 |
THOMAS COOK AIRLINES SCANDINAVIA A/S | Company | 100.0% | 100.0% | 2019 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Nordic Leisure Travel Group Denmark A/S
Sunclass Airlines ApS Board members of Sunclass Airlines ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Valdemar Warburg | Chief Executive Officer | 0 companies |
| Torben Østergaard Andersen | Chief Executive Officer | 0 companies |
| Bent Erlandsen | Management | 0 companies |
| Carsten Utke Schiøler | Management | 0 companies |
| Peter Andreas Stakemann | Management | 0 companies |
| Hilde Ibrekk | Board of Directors | 0 companies |
| Per Knudsen | Board of Directors | 0 companies |
| Ronnie Højland Boel | Board of Directors | 0 companies |
| Lisbeth Lie | Board of Directors | 0 companies |
| Per Tobias Curt Ögren | Board of Directors | 0 companies |
| Erica Wallin | Board of Directors | 0 companies |
| Eva Elisabet Palm | Board of Directors | 0 companies |
| Lars Magnus Wikner | Chairman | 0 companies |