RECYCLES ApS

CVR 34713030 · Private limited company (ApS) · Active · Medium risk

RECYCLES ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 13 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 -417k and a net result of DKK 4,537. CEO: Mikkel Due.

Bankruptcy risk for RECYCLES ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
34713030
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Dybbølsgade 59
1721 København V
Municipality
København
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 120k
Employees
9 (2018)
Auditor
REVISIONSKONTORET AF 2004 ApS
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-24.7%
Current ratio77%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 1.8mDKK 1.6m
Net profitDKK 4,537DKK 70kDKK -342k
EquityDKK -417kDKK -421kDKK -242k
Total assetsDKK 1.7mDKK 1.7mDKK 1.6m
CashDKK 73kDKK 66k–
Short-term debtDKK 2.1mDKK 2.1m–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · REVISIONSKONTORET AF 2004 ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018128
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016173
1 Jan 2015 – 31 Dec 2015153
1 Jan 2014 – 31 Dec 2014161
1 Oct 2012 – 31 Dec 2013149

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
CEOMikkel DueCurrent
CEOHelle Haugaard
CEOHenrik Krøldrup Storland
CEOClaus Hjelm
Owner (100%)Mikkel DueCurrent
Owner (50%)Mikkel Due
Owner (50%)Claus Hjelm
FounderHelle HaugaardCurrent

The CEOs' other companies

Helle Haugaard – 60 other companies, of which 60 bankrupt

Henrik Krøldrup Storland – 2 other companies

Address history (1 moves)

Dybbølsgade 59, 1721 København V
Harespringet 35, 2400 København NV

Former names

RECYCLES ApS – now
ApS KDF NR. 1093 –

Employees per year

Number of employees at RECYCLES ApS per year592012: 220122013: 220132014: 020142015: 520152016: 320162017: 320172018: 92018

Other companies at the same address

Similar companies in København

Questions and answers about RECYCLES ApS

Has RECYCLES ApS gone bankrupt?

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

What is the bankruptcy risk of RECYCLES ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of RECYCLES ApS?

Mikkel Due is the CEO of RECYCLES ApS.

Who is the auditor of RECYCLES ApS?

RECYCLES ApS most recently used REVISIONSKONTORET AF 2004 ApS.

When was RECYCLES ApS founded?

RECYCLES ApS was founded on 1 October 2012.

What is the equity of RECYCLES ApS?

Equity was DKK -417k 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.