Bio Recycling ApS

CVR 41933399 · Private limited company (ApS) · Active · Low risk

Bio Recycling ApS is a Private limited company (ApS), founded on , based in Middelfart. The company is registered in the industry engroshandel med fast, flydende og luftformigt brændstof og lignende varer. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 303.3m and a net result of DKK 78.7m. CEO: Anders Engelsen Dahl, Massimo Forti.

Bankruptcy risk for Bio Recycling ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
41933399
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Nyvang 16, 2.
5500 Middelfart
Municipality
Middelfart
Industry
Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio78.1%
Current ratio346%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address24
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 582.0m––
Gross profitDKK 133.3mDKK 55.1mDKK 51.0m
Net profitDKK 78.7mDKK 43.8mDKK 36.3m
EquityDKK 303.3mDKK 224.6mDKK 60.8m
Total assetsDKK 388.6mDKK 283.8mDKK 93.9m
CashDKK 586kDKK 145k–
Short-term debtDKK 85.3mDKK 59.2m–
Avg. employees10–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023187 Late
1 Jul 2021 – 31 Dec 2022186 Late
11 Dec 2020 – 30 Jun 2021113

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
CEOAnders Engelsen DahlCurrent
CEOMassimo FortiCurrent
CEOGert Rygaard
CEOKenneth Christian Hansen
CEOKenneth Sørensen
CEOKenneth Sørensen
BoardGert Rygaard
BoardHelle Rygaard-Andersen
BoardJohannes Palsson
BoardGert Rygaard
BoardJohannes Palsson
BoardJeppe Møller Jørgensen
BoardKenneth Sørensen
BoardJeppe Christian Klug Madsen
Owner (100%)BioCirc Trading ApSCurrent
Owner (50%)Rygaard Fisketransport A/S
Owner (10%)Kent Frydkjær Holding ApS
Owner (15%)KH5 Holding ApS
Owner (10%)MMEJ Holding ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Statsautoriseret Revisionspartnerselskab
FounderRygaard Fisketransport A/SCurrent

The CEOs' other companies

Anders Engelsen Dahl – 6 other companies

Massimo Forti – 22 other companies

Gert Rygaard – 21 other companies, of which 3 bankrupt

Kenneth Christian Hansen – 26 other companies

Kenneth Sørensen – 23 other companies, of which 2 bankrupt

Address history (2 moves)

Nyvang 16, 2., 5500 Middelfart
Strevelinsvej 28, 1., 7000 Fredericia
Nordhavnsvej 28, 8500 Grenaa

Former names

Bio Recycling ApS – now
Bio Recycling A/S –
Hvide Sande Tanklager A/S –

Other companies at the same address

Similar companies in Middelfart

Questions and answers about Bio Recycling ApS

Has Bio Recycling ApS gone bankrupt?

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

What is the bankruptcy risk of Bio Recycling ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Bio Recycling ApS?

Anders Engelsen Dahl, Massimo Forti are the CEOs of Bio Recycling ApS.

Who is the auditor of Bio Recycling ApS?

Bio Recycling ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Bio Recycling ApS founded?

Bio Recycling ApS was founded on 11 December 2020.

What is the equity of Bio Recycling ApS?

Equity was DKK 303.3m 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.