RACING MOTOR A/S

CVR 30192567 · Public limited company (A/S) · Active · Low risk

RACING MOTOR A/S is a Public limited company (A/S), founded on , based in Ringe. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 18 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 172k and a net result of DKK -26k. CEO: Johnny Holm Knudsen Bjernemose.

Bankruptcy risk for RACING MOTOR A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
30192567
Status
Active
Company type
Public limited company (A/S)
Founded
(19 years)
Address
Jernbanegade 37
5750 Ringe
Municipality
Faaborg-Midtfyn
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 600k
Employees
0 (2018)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 18
Missing annual reportNo
Negative equityNo
Equity ratio6.3%
Current ratio107%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 230kDKK 475k
Net profitDKK -26kDKK -9,707
EquityDKK 172kDKK 198k
Total assetsDKK 2.7mDKK 2.8m
CashDKK 342k–
Short-term debtDKK 2.5m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025175
1 Oct 2023 – 30 Sep 2024165
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022112
1 Oct 2020 – 30 Sep 2021151
1 Oct 2019 – 30 Sep 2020152
1 Oct 2018 – 30 Sep 2019150
1 Oct 2017 – 30 Sep 2018165
1 Oct 2016 – 30 Sep 2017158
1 Oct 2015 – 30 Sep 2016148
1 Oct 2014 – 30 Sep 2015136
1 Oct 2013 – 30 Sep 2014115
1 Oct 2012 – 30 Sep 201384
1 Oct 2011 – 30 Sep 201283
1 Oct 2010 – 30 Sep 201180
1 Oct 2009 – 30 Sep 201082
1 Oct 2008 – 30 Sep 200977
4 Jan 2007 – 31 Dec 2007163

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
CEOJohnny Holm Knudsen BjernemoseCurrent
BoardJohnny Holm Knudsen BjernemoseCurrent
BoardKurt Brusgård PoulsenCurrent
BoardLisbeth BjernemoseCurrent
BoardFinn Bønneland Kroun
BoardArne Bo Hansen
BoardRonnie Bremer
Owner (33%)Johnny Holm Knudsen BjernemoseCurrent
Owner (50%)KURT POULSEN ApSCurrent
AuditorREVISIONSFIRMAET EGEKVIST
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFinn Bønneland KrounCurrent
FounderJohnny Holm Knudsen BjernemoseCurrent
FounderKURT POULSEN ApSCurrent

The CEOs' other companies

Johnny Holm Knudsen Bjernemose – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Jernbanegade 37, 5750 Ringe

Employees per year

Number of employees at RACING MOTOR A/S per year122011: 120112012: 220122013: 220132014: 220142015: 220152016: 220162017: 120172018: 02018

Other companies at the same address

Similar companies in Faaborg-Midtfyn

Questions and answers about RACING MOTOR A/S

Has RACING MOTOR A/S gone bankrupt?

No, RACING MOTOR A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of RACING MOTOR A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of RACING MOTOR A/S?

Johnny Holm Knudsen Bjernemose is the CEO of RACING MOTOR A/S.

Who is the auditor of RACING MOTOR A/S?

RACING MOTOR A/S most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was RACING MOTOR A/S founded?

RACING MOTOR A/S was founded on 4 January 2007.

What is the equity of RACING MOTOR A/S?

Equity was DKK 172k according to the annual report for the period ending 30 September 2025.

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