REC WATCHES ApS
CVR 35404724 · Private limited company (ApS) · Active · High risk
REC WATCHES ApS is a Private limited company (ApS), founded on , based in Vordingborg. The company is registered in the industry engroshandel med ure og smykker. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 12 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -2.5m and a net result of DKK 4.4m. CEO: Jonathan Kamstrup Tonnesen, Christian Felix Friis Mygh.
Bankruptcy risk for REC WATCHES ApS
2.0 × the average (1.41%) · higher risk than 87% of active Danish companies
Increases the risk
Reduces the risk
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
- 35404724
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (13 years)
- Address
- Marienbergvej 108
4760 Vordingborg - Municipality
- Vordingborg
- Industry
- Engroshandel med ure og smykker (464800)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 186k
- Employees
- 7 (2018)
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 12 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -18.5% |
| Current ratio | 78% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 6.3m | DKK -2.4m | DKK 2.0m |
| Net profit | DKK 4.4m | DKK -5.4m | DKK -1.7m |
| Equity | DKK -2.5m | DKK -6.9m | DKK -1.5m |
| Total assets | DKK 13.4m | DKK 10.4m | DKK 6.2m |
| Cash | DKK 2.2m | DKK 755k | – |
| Short-term debt | DKK 15.6m | DKK 17.2m | – |
| Avg. employees | 5 | 4 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 117 | ||
| 1 Jan 2024 – 31 Dec 2024 | 181 | ||
| 1 Jan 2023 – 31 Dec 2023 | 186 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 180 | ||
| 1 Jan 2021 – 31 Dec 2021 | 174 | ||
| 1 Jan 2020 – 31 Dec 2020 | 158 | ||
| 1 Jan 2019 – 31 Dec 2019 | 183 | ||
| 1 Jan 2018 – 31 Dec 2018 | 157 | ||
| 1 Jan 2017 – 31 Dec 2017 | 150 | ||
| 1 Jan 2016 – 31 Dec 2016 | 151 | ||
| 1 Jan 2015 – 31 Dec 2015 | 141 | ||
| 19 Jul 2013 – 31 Dec 2014 | 278 | Late |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jonathan Kamstrup Tonnesen | Current | |
| CEO | Christian Felix Friis Mygh | Current | |
| CEO | Michael Krogh | ||
| Board | Jonathan Kamstrup Tonnesen | Current | |
| Board | Christian Felix Friis Mygh | Current | |
| Board | Jesper Buch | Current | |
| Board | Michael Krogh | Current | |
| Board | David Bøgevang Køster Christensen | Current | |
| Owner (15%) | DAUGELYKKE ApS | Current | |
| Owner (10%) | COMBI SERVICE ROSKILDE HOLDING ApS | Current | |
| Owner (10%) | Jesper Buch Holding ApS | Current | |
| Owner (10%) | Lind Family Holding A/S | Current | |
| Owner (33%) | BANANAS HAVE APPEAL HOLDING ApS | Current | |
| Owner (67%) | BANANAS HAVE APPEAL HOLDING ApS | ||
| Owner (10%) | Jesper Buch | ||
| Owner (5%) | THENEWBLACK ApS | ||
| Owner (50%) | BANANAS HAVE APPEAL HOLDING ApS | ||
| Owner (5%) | MOUNT BALDY A/S | ||
| Auditor | Grant Thornton, Godkendt Revisionspartnerselskab | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | BANANAS HAVE APPEAL HOLDING ApS | Current |
The CEOs' other companies
Jonathan Kamstrup Tonnesen – 4 other companies
- BANANAS HAVE APPEAL HOLDING ApS Active
- DailyWatch ApS Active
- Hofteskud Invest ApS Active
- WATCHWORK ApS Fusioneret
Christian Felix Friis Mygh – 2 other companies
- BANANAS HAVE APPEAL HOLDING ApS Active
- Hofteskud Invest ApS Active
Michael Krogh – 21 other companies
- CUBS A/S Active
- DAUGELYKKE ApS Active
- DFDS TRANSPORT A/S Fusioneret
- E-SHIP A/S Fusioneret
- FLSMIDTH & CO. A/S Active
- H.K. SAMUELSEN TRANSPORT A/S Fusioneret
- HKS HOLDING A/S Fusioneret
- MTOP HOLDING ApS Opløst
- NIDOVNI HH ApS Opløst
- NIDOVNI HOLDING A/S Fusioneret
- Obviux A/S Opløst
- P.R. SHIPPING A/S Fusioneret
- PR AIRFREIGHT A/S Opløst
- PR SHIPPING-AIRFREIGHT A/S Opløst
- QCS - QUICK CARGO SERVICE (DENMARK) A/S Active
- SCAN GLOBAL LOGISTICS A/S Active
- SCAN GLOBAL LOGISTICS HOLDING ApS Fusioneret
- SCANAM INVEST ApS Opløst
- SGL Road ApS Active
- TEAM TRADING INTERNATIONAL A/S Fusioneret
- WEBLOGISTICS A/S Opløst
Address history (6 moves)
| Marienbergvej 108, 4760 Vordingborg | |
| Marienbergvej 108, 4760 Vordingborg | |
| Masnedøvej 9, 4760 Vordingborg | |
| c/o KOMPLEET, Uplandsgade 56, 2300 København S | |
| Skudehavnsvej 1, 2. th, 2150 Nordhavn | |
| Bredgade 36E, 2., 1260 København K | |
| Kjeld Langes Gade 2, 2. th, 1367 København K |
Employees per year
Other companies at the same address
Questions and answers about REC WATCHES ApS
Has REC WATCHES ApS gone bankrupt?
No, REC WATCHES ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of REC WATCHES ApS?
Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.
Who is the CEO of REC WATCHES ApS?
Jonathan Kamstrup Tonnesen, Christian Felix Friis Mygh are the CEOs of REC WATCHES ApS.
Who is the auditor of REC WATCHES ApS?
REC WATCHES ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.
When was REC WATCHES ApS founded?
REC WATCHES ApS was founded on 19 July 2013.
What is the equity of REC WATCHES ApS?
Equity was DKK -2.5m 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.