Toft Recycling ApS

CVR 37047937 · Private limited company (ApS) · Active · Medium risk

Toft Recycling ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry indsamling af ikke-farligt affald. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 2.0m and a net result of DKK -690k. CEO: Eddy Michael Toft.

Bankruptcy risk for Toft Recycling 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

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
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×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
37047937
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Skovgårdsvej 1
7200 Grindsted
Municipality
Billund
Industry
Indsamling af ikke-farligt affald (381100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Employees
6 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio14.9%
Current ratio92%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.9mDKK 5.0m
Net profitDKK -690kDKK 200k
EquityDKK 2.0mDKK 2.7m
Total assetsDKK 13.3mDKK 11.0m
Short-term debtDKK 8.9m–
Tax owedDKK 0–
Avg. employees12–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025175
1 Oct 2023 – 30 Sep 2024198 Late
1 Oct 2022 – 30 Sep 2023192 Late
1 Oct 2021 – 30 Sep 2022185 Late
1 Oct 2020 – 30 Sep 2021137
1 Oct 2019 – 30 Sep 2020152
1 Oct 2018 – 30 Sep 2019183
1 Oct 2017 – 30 Sep 2018165
1 Oct 2016 – 30 Sep 2017165
19 Aug 2015 – 30 Sep 2016165

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
CEOEddy Michael ToftCurrent
Owner (100%)Eddy Michael ToftCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderEddy Michael ToftCurrent

The CEOs' other companies

Eddy Michael Toft – 4 other companies

Address history (2 moves)

Skovgårdsvej 1, 7200 Grindsted
Herningvej 3, 6870 Ølgod
Viaduktvej 4, 6870 Ølgod

Former names

Toft Recycling ApS – now
Toft Nedbrydning ApS –
EM Screening & sanering ApS –

Employees per year

Number of employees at Toft Recycling ApS per year362015: 220152016: 320162017: 620172018: 62018

Other companies at the same address

Similar companies in Billund

Questions and answers about Toft Recycling ApS

Has Toft Recycling ApS gone bankrupt?

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

What is the bankruptcy risk of Toft Recycling 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 Toft Recycling ApS?

Eddy Michael Toft is the CEO of Toft Recycling ApS.

Who is the auditor of Toft Recycling ApS?

Toft Recycling ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Toft Recycling ApS founded?

Toft Recycling ApS was founded on 19 August 2015.

What is the equity of Toft Recycling ApS?

Equity was DKK 2.0m according to the annual report for the period ending 30 September 2025.

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