AF RACING ApS

CVR 35651934 · Private limited company (ApS) · Active · Low risk

AF RACING ApS is a Private limited company (ApS), founded on , based in Tune. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 409k and a net result of DKK 84k.

Bankruptcy risk for AF RACING ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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
35651934
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Lindevej 24
4030 Tune
Municipality
Greve
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio66.2%
Current ratio249%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 342kDKK 31k
Net profitDKK 84kDKK 24k
EquityDKK 409kDKK 326k
Total assetsDKK 618kDKK 474k
CashDKK 459k–
Short-term debtDKK 207k–
Tax owedDKK 19k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 202559
1 Jul 2023 – 30 Jun 202446
1 Jul 2022 – 30 Jun 2023119
1 Jul 2021 – 30 Jun 2022138
1 Jul 2020 – 30 Jun 2021240 Late
1 Jul 2019 – 30 Jun 2020141
1 Jul 2018 – 30 Jun 2019109
1 Jul 2017 – 30 Jun 2018153
1 Jul 2016 – 30 Jun 2017161
1 Jul 2015 – 30 Jun 2016167
23 Jan 2014 – 30 Jun 2015170

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
CEOAndreas Mørup Fasberg
Owner (33%)Andreas Mørup FasbergCurrent
Owner (33%)Bent Fasberg
AuditorBjørn Preben Pedersen
FounderAndreas Mørup FasbergCurrent
FounderBent FasbergCurrent
FounderBengt Joakim WardCurrent

Address history (0 moves)

Lindevej 24, 4030 Tune

Former names

AF RACING ApS – now
FA KART DK ApS –

Employees per year

Number of employees at AF RACING ApS per year232016: 320162017: 120172018: 02018

Other companies at the same address

Similar companies in Greve

Questions and answers about AF RACING ApS

Has AF RACING ApS gone bankrupt?

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

What is the bankruptcy risk of AF RACING ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

When was AF RACING ApS founded?

AF RACING ApS was founded on 22 January 2014.

What is the equity of AF RACING ApS?

Equity was DKK 409k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.