Recraft Energy A/S

CVR 42196576 · Public limited company (A/S) · Active · Very high risk

Recraft Energy A/S is a Public limited company (A/S), founded on , based in Randers SV. The company is registered in the industry fremstilling af raffinerede mineralolieprodukter og fossile brændstoffer. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -6.5m and a net result of DKK -34.9m. CEO: Bo Larsen.

Bankruptcy risk for Recraft Energy A/S

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×

Reduces the risk

Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×

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
42196576
Status
Active
Company type
Public limited company (A/S)
Founded
(5 years)
Address
c/o Makeen Energy A/S, Alsvej 21
8940 Randers SV
Municipality
Randers
Industry
Fremstilling af raffinerede mineralolieprodukter og fossile brændstoffer (192000)
Bankruptcies in the industry: Fremstilling af raffinerede mineralolieprodukter
Share capital
DKK 768k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-4.7%
Current ratio23%
Moves (last 2 years)1
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address29
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -4.9mDKK -7.0mDKK -4.6m
Net profitDKK -34.9mDKK -23.4mDKK -13.0m
EquityDKK -6.5mDKK -8.8mDKK 14.6m
Total assetsDKK 137.5mDKK 149.4mDKK 149.6m
CashDKK 447kDKK 3.0m–
Short-term debtDKK 3.2mDKK 41.6m–
Tax owedDKK 436k––
Avg. employees55–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 31 Dec 2025183
1 Oct 2023 – 30 Sep 2024182
1 Oct 2022 – 30 Sep 2023102
1 Oct 2021 – 30 Sep 2022109
5 Mar 2021 – 30 Sep 2021152

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
CEOBo LarsenCurrent
CEOMads Holm
CEOMorten Rudebeck Henriksen
BoardSøren MikkelsenCurrent
BoardYousef Abdullah AlmotlaqCurrent
BoardAbdulkareem Hamad A AlayuniCurrent
BoardRasmus Bach Nielsen
BoardCarlos Bernardo Pons Navazo
BoardNaeem Ahmed
BoardJeremy Grant
BoardDmitry Miller
Owner (100%)Makeen International S.à r.l.Current
Owner (67%)Trafigura Holdings B.V.
Owner (20%)Opus Energy Trading Pte. Ltd.
Owner (90%)Trafigura Holdings B.V.
Owner (10%)Opus Energy Trading Pte. Ltd.
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderTrafigura Holdings B.V.Current

The CEOs' other companies

Bo Larsen – 9 other companies, of which 3 bankrupt

Mads Holm – 3 other companies

Morten Rudebeck Henriksen – 1 other companies

Address history (3 moves)

c/o Makeen Energy A/S, Alsvej 21, 8940 Randers SV
c/o TMF Denmark A/S, H.C. Andersens Boulevard 38, 3. th, 1553 København V
c/o TMF Denmark A/S, Købmagergade 60, 1. tv, 1150 København K
Vesterballevej 5, 7000 Fredericia

Other companies at the same address

Questions and answers about Recraft Energy A/S

Has Recraft Energy A/S gone bankrupt?

No, Recraft Energy A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Recraft Energy A/S?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Recraft Energy A/S?

Bo Larsen is the CEO of Recraft Energy A/S.

Who is the auditor of Recraft Energy A/S?

Recraft Energy A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Recraft Energy A/S founded?

Recraft Energy A/S was founded on 5 March 2021.

What is the equity of Recraft Energy A/S?

Equity was DKK -6.5m 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.