BOAR RACING ApS

CVR 35043608 · Private limited company (ApS) · Active · Medium risk

BOAR RACING ApS is a Private limited company (ApS), founded on , based in Herfølge. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 13 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 51k and a net result of DKK -10k. CEO: Matti Breschel.

Bankruptcy risk for BOAR RACING ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
35043608
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Islandsvej 5
4681 Herfølge
Municipality
Køge
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Auditor
Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 13
Missing annual reportNo
Negative equityNo
Equity ratio4.0%
Current ratio116%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -19kDKK -54k
Net profitDKK -10kDKK -55k
EquityDKK 51kDKK 61k
Total assetsDKK 1.3mDKK 1.3m
CashDKK 870–
Short-term debtDKK 1.1m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014153
15 Feb 2013 – 31 Dec 2013163

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
CEOMatti BreschelCurrent
CEOMatti Breschel
CEOSøren Damgaard Svenningsen
CEOTom Hermann Breschel
Owner (100%)Matti BreschelCurrent
AuditorPryds Statsautoriseret Revisionsfirma
FounderMatti BreschelCurrent

The CEOs' other companies

Matti Breschel – 3 other companies

Søren Damgaard Svenningsen – 40 other companies, of which 1 bankrupt

Tom Hermann Breschel – 2 other companies

Address history (1 moves)

Islandsvej 5, 4681 Herfølge
c/o Breschel Sport ApS, Paul Bergsøes Vej 47, 2600 Glostrup

Other companies at the same address

Similar companies in Køge

Questions and answers about BOAR RACING ApS

Has BOAR RACING ApS gone bankrupt?

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

What is the bankruptcy risk of BOAR RACING ApS?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of BOAR RACING ApS?

Matti Breschel is the CEO of BOAR RACING ApS.

Who is the auditor of BOAR RACING ApS?

BOAR RACING ApS most recently used Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

When was BOAR RACING ApS founded?

BOAR RACING ApS was founded on 15 February 2013.

What is the equity of BOAR RACING ApS?

Equity was DKK 51k 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.