REILING GLASRECYCLING DANMARK ApS

CVR 21078336 · Private limited company (ApS) · Active · Low risk

REILING GLASRECYCLING DANMARK ApS is a Private limited company (ApS), founded on , based in Vamdrup. The company is registered in the industry engroshandel med affaldsprodukter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 46.0m and a net result of DKK 664k. CEO: Dennis Svanekær Karstensen.

Bankruptcy risk for REILING GLASRECYCLING DANMARK ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
21078336
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Krumtappen 11
6580 Vamdrup
Municipality
Kolding
Industry
Engroshandel med affaldsprodukter (468700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
37 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio39.7%
Current ratio195%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 15.4mDKK 27.7m
Net profitDKK 664kDKK 10.2m
EquityDKK 46.0mDKK 45.3m
Total assetsDKK 115.8mDKK 126.7m
CashDKK 2.4m–
Short-term debtDKK 15.8m–
Avg. employees47–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023157
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021170
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019156
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016159
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013150
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011138
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008145
1 Jan 2007 – 31 Dec 2007161
1 Jan 2006 – 31 Dec 2006140

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEODennis Svanekær KarstensenCurrent
CEOCarsten Hove
CEOPeter Charles Morrison
BoardPeter Charles Morrison
BoardPeter Brüggemann
Owner (100%)REILING HOLDING ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderADVOKATERNE KAISER. CHRISTENSEN & HOVE. ADVOKATAKTIESELSKABCurrent

The CEOs' other companies

Dennis Svanekær Karstensen – 2 other companies

Carsten Hove – 52 other companies, of which 5 bankrupt

Address history (2 moves)

Krumtappen 11, 6580 Vamdrup
Krumtappen 11, 6580 Vamdrup
c/o Pricewaterhousecoopers, Nytorv 2, 6000 Kolding

Former names

REILING GLASRECYCLING DANMARK ApS – now
MORRISON GLASRECYCLING DANMARK ApS –
KCH NR. 13 ApS –

Employees per year

Number of employees at REILING GLASRECYCLING DANMARK ApS per year20402011: 2720112012: 2920122013: 3620132014: 3420142015: 4020152016: 4020162017: 3820172018: 372018

Other companies at the same address

Similar companies in Kolding

Questions and answers about REILING GLASRECYCLING DANMARK ApS

Has REILING GLASRECYCLING DANMARK ApS gone bankrupt?

No, REILING GLASRECYCLING DANMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of REILING GLASRECYCLING DANMARK ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of REILING GLASRECYCLING DANMARK ApS?

Dennis Svanekær Karstensen is the CEO of REILING GLASRECYCLING DANMARK ApS.

Who is the auditor of REILING GLASRECYCLING DANMARK ApS?

REILING GLASRECYCLING DANMARK ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was REILING GLASRECYCLING DANMARK ApS founded?

REILING GLASRECYCLING DANMARK ApS was founded on 7 August 1998.

What is the equity of REILING GLASRECYCLING DANMARK ApS?

Equity was DKK 46.0m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.