Recover ApS

CVR 35041699 · Private limited company (ApS) · Active · Low risk

Recover ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry anden rengøring. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 49.0m and a net result of DKK 9.6m. CEO: Erik Nicolay Sandøy, Torbjørn Flatås.

Bankruptcy risk for Recover ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
35041699
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Avedøreholmen 95
2650 Hvidovre
Municipality
Hvidovre
Industry
Anden rengøring (812300)
Bankruptcies in the industry: Almindelig rengøring i bygninger
Share capital
DKK 1.0m
Employees
283 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityNo
Equity ratio39.9%
Current ratio168%
Moves (last 2 years)0
CEO changes in total17
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 326.4mDKK 325.6mDKK 331.5m
Gross profit–DKK 194.9mDKK 188.7m
Net profitDKK 9.6mDKK 4.6mDKK 3.9m
EquityDKK 49.0mDKK 39.5mDKK 34.9m
Total assetsDKK 122.9mDKK 92.5mDKK 216.5m
CashDKK 32.3mDKK 11.7m–
Short-term debtDKK 58.0mDKK 38.7m–
Tax owedDKK 1.9m––
Avg. employees249267–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020181
1 Jan 2019 – 31 Dec 2019184 Late
1 Jan 2018 – 31 Dec 2018149
1 Jan 2017 – 31 Dec 2017114
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015131
1 Jan 2014 – 31 Dec 2014141
14 Feb 2013 – 31 Dec 2013148

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
CEOErik Nicolay SandøyCurrent
CEOTorbjørn FlatåsCurrent
CEOTorbjørn Midsem
CEOKlas Bertil Victor Anstrin
CEORoar Smedsrud
CEOFinn Øistein Nordam
CEOBjørn Herlofsen
CEOPer Mattias Ringqvist
CEOElisabeth Christiansen Lund
CEOTed Sven Severin Söderholm
Owner (100%)TOSIVA ASCurrent
Owner (100%)Recover Nordic Group Oy
Owner (100%)Sivato AB
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderMoalem Weitemeyer AdvokatpartnerselskabCurrent

Address history (2 moves)

Avedøreholmen 95, 2650 Hvidovre
Avedøreholmen 95, 2650 Hvidovre
c/o Moalem Weitemeyer Bendtsen, Amaliegade 3, 4., 1256 København K

Former names

Recover ApS – now
RECOVER NORDIC ApS –
SIVATO ApS –

Employees per year

Number of employees at Recover ApS per year1422832013: 25120132014: 22120142015: 22020152016: 22620162017: 23420172018: 2832018

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Recover ApS

Has Recover ApS gone bankrupt?

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

What is the bankruptcy risk of Recover 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 Recover ApS?

Erik Nicolay Sandøy, Torbjørn Flatås are the CEOs of Recover ApS.

Who is the auditor of Recover ApS?

Recover ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Recover ApS founded?

Recover ApS was founded on 14 February 2013.

What is the equity of Recover ApS?

Equity was DKK 49.0m 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.