Upcycling Scandinavia ApS
CVR 38788892 · Private limited company (ApS) · Active · Low risk
Upcycling Scandinavia ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry agenturhandel med møbler, husholdningsartikler og isenkram. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 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 553k and a net result of DKK 415k. CEO: Minik Jørgen Helborg Rasmussen.
Bankruptcy risk for Upcycling Scandinavia ApS
0.4 × the average (1.41%) · higher risk than 59% 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
- 38788892
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- c/o Minik Helborg, Bakkevænget 1
8200 Aarhus N - Municipality
- Aarhus
- Industry
- Agenturhandel med møbler, husholdningsartikler og isenkram (461500)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 60k
- Auditor
- Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 8 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 35.4% |
| Current ratio | 137% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 5 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 1 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 1.0m | DKK 784k |
| Net profit | DKK 415k | DKK 114k |
| Equity | DKK 553k | DKK 139k |
| Total assets | DKK 1.6m | DKK 1.8m |
| Short-term debt | DKK 991k | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 69 | ||
| 1 Jan 2024 – 31 Dec 2024 | 129 | ||
| 1 Jan 2023 – 31 Dec 2023 | 38 | ||
| 1 Jan 2022 – 31 Dec 2022 | 39 | ||
| 1 Jan 2021 – 31 Dec 2021 | 119 | ||
| 1 Jan 2020 – 31 Dec 2020 | 182 | ||
| 1 Jan 2019 – 31 Dec 2019 | 188 | Late | |
| 6 Jul 2017 – 31 Dec 2018 | 155 |
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 | Minik Jørgen Helborg Rasmussen | Current | |
| CEO | Erik Serritslev Jørgensen | ||
| CEO | Erik Serritslev Jørgensen | ||
| CEO | Katrine Bak Primdahl | ||
| Board | Erik Serritslev Jørgensen | ||
| Board | Minik Jørgen Helborg Rasmussen | ||
| Board | Roderic Mark Fountain | ||
| Board | Erik Serritslev Jørgensen | ||
| Board | Minik Jørgen Helborg Rasmussen | ||
| Board | Roderic Mark Fountain | ||
| Board | Erik Serritslev Jørgensen | ||
| Board | Minik Jørgen Helborg Rasmussen | ||
| Owner (50%) | JUST HOLDING 2012 ApS | Current | |
| Owner (33%) | Helborg Holding 2015 ApS | Current | |
| Owner (10%) | Morten Helborg Holding ApS | Current | |
| Owner (10%) | Selskabet af 24. maj 2023 ApS | ||
| Owner (33%) | Helborg Holding 2015 ApS | ||
| Owner (33%) | E Jørgensen Holding ApS | ||
| Owner (15%) | Roderic Mark Fountain | ||
| Owner (15%) | Mary Sophie Louise Fountain | ||
| Owner (50%) | Helborg Holding 2015 ApS | ||
| Owner (50%) | E Jørgensen Holding ApS | ||
| Owner (33%) | KBP Holding 2019 ApS | ||
| Owner (15%) | JUST HOLDING 2012 ApS | ||
| Owner (67%) | Helborg Holding 2015 ApS | ||
| Founder | Selskabet af 24. maj 2023 ApS | Current | |
| Founder | Helborg Holding 2015 ApS | Current | |
| Founder | E Jørgensen Holding ApS | Current | |
| Founder | Roderic Mark Fountain | Current | |
| Founder | Mary Sophie Louise Fountain | Current |
The CEOs' other companies
Minik Jørgen Helborg Rasmussen – 3 other companies, of which 1 bankrupt
- Selskabet af 24. maj 2023 ApS Bankrupt 2 Jun 2023
- M & M DK CN Trading ApS Active
- NORDIC TRAILER A/S Active
Erik Serritslev Jørgensen – 4 other companies, of which 1 bankrupt
- EBSAN HOLDING ApS Bankrupt 8 Dec 2011
- Dansk Genbyg IvS Opløst
- E Jørgensen Holding ApS Opløst
- PS250211 A/S Compulsorily dissolved
Katrine Bak Primdahl – 3 other companies
- KBP Holding 2019 ApS Active
- New Loop ApS Active
- The Grit ApS Active
Address history (4 moves)
| c/o Minik Helborg, Bakkevænget 1, 8200 Aarhus N | |
| c/o Minik Helborg, Lyshøjen 2, 8520 Lystrup | |
| c/o Katrine Bak Primdahl, Graven 3G, 8000 Aarhus C | |
| c/o Erik S. Jørgensen, Stårupgårdvej 10, 7840 Højslev | |
| Lyby Møllevej 1, 7800 Skive |
Other companies at the same address
- Helborg Holding 2015 ApS Active
Similar companies in Aarhus
- Sleeppartner ApS Solbjerg
- SPANNOW ApS Aarhus C
- Nordic-Solutions ApS Risskov
- JT Agenturer ApS Brabrand
- Monday Sunday A/S Aarhus C
- JENSENPLUS ApS Aarhus C
- AGNETA ApS Egå
- HERLUF HOLDING ApS Aarhus C
- OLE PRANG HOLDING ApS Risskov
- MOBIKIT ApS Beder
- VIMOTEC ApS OF SCANDINAVIA Lystrup
- Social Solutions IVS Højbjerg
Questions and answers about Upcycling Scandinavia ApS
Has Upcycling Scandinavia ApS gone bankrupt?
No, Upcycling Scandinavia ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Upcycling Scandinavia ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of Upcycling Scandinavia ApS?
Minik Jørgen Helborg Rasmussen is the CEO of Upcycling Scandinavia ApS.
Who is the auditor of Upcycling Scandinavia ApS?
Upcycling Scandinavia ApS most recently used Revisionshuset Tal & Tanker, Statsautoriseret revisionspartnerselskab.
When was Upcycling Scandinavia ApS founded?
Upcycling Scandinavia ApS was founded on 6 July 2017.
What is the equity of Upcycling Scandinavia ApS?
Equity was DKK 553k 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.