Upcycling ApS

CVR 30360125 · Private limited company (ApS) · Active · Low risk

Upcycling ApS is a Private limited company (ApS), founded on , based in Lynge. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 19 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.6m and a net result of DKK 805k. CEO: Mikael Klempel.

Bankruptcy risk for Upcycling 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 year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%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×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
30360125
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
Højlundevej 8D
3540 Lynge
Municipality
Hillerød
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 125k
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late6 of 19
Missing annual reportNo
Negative equityYes
Equity ratio-15.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address39
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 2.3mDKK -163k
Net profitDKK 805kDKK -1.1m
EquityDKK -4.6mDKK -5.4m
Total assetsDKK 29.2mDKK 27.3m
CashDKK 160k–
Short-term debtDKK 33.0m–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025184 Late
1 Jan 2024 – 31 Dec 2024189 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019154
1 Jan 2018 – 31 Dec 2018142
1 Jan 2017 – 31 Dec 2017143
1 Jan 2016 – 31 Dec 2016143
1 Jan 2015 – 31 Dec 2015145
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012157
1 Jan 2011 – 31 Dec 2011162
1 Jan 2010 – 31 Dec 2010167
1 Jan 2009 – 31 Dec 2009161
1 Jan 2008 – 31 Dec 2008166
19 Feb 2007 – 31 Dec 2007169

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
CEOMikael KlempelCurrent
CEOJens Hørby Jensen
Owner (100%)Jensen Gruppen A/SCurrent
Owner (100%)Jens Hørby Jensen Holding ApS
AuditorBUUS JENSEN I/S STATSAUTORISEREDE REVISORER
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJens Hørby Jensen Holding ApSCurrent

The CEOs' other companies

Mikael Klempel – 23 other companies, of which 2 bankrupt

Jens Hørby Jensen – 51 other companies, of which 6 bankrupt

Address history (1 moves)

Højlundevej 8D, 3540 Lynge
Højlundevej 8, 3540 Lynge

Former names

Upcycling ApS – now
J.J.PROJEKT 4 ApS –

Other companies at the same address

Similar companies in Hillerød

Questions and answers about Upcycling ApS

Has Upcycling ApS gone bankrupt?

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

What is the bankruptcy risk of Upcycling 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 Upcycling ApS?

Mikael Klempel is the CEO of Upcycling ApS.

Who is the auditor of Upcycling ApS?

Upcycling ApS most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was Upcycling ApS founded?

Upcycling ApS was founded on 19 February 2007.

What is the equity of Upcycling ApS?

Equity was DKK -4.6m 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.