Twenty Racing ApS
CVR 42420298 · Private limited company (ApS) · Active · Low risk
Twenty Racing ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.6m and a net result of DKK -2.3m. CEO: Kevin Jan Magnussen.
Bankruptcy risk for Twenty Racing ApS
0.2 × the average (1.41%) · higher risk than 49% 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
- 42420298
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- c/o Grant Thornton, Godkendt Revisionspartne, Lautrupsgade 11
2100 København Ø - Municipality
- København
- Industry
- Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre - Share capital
- DKK 40k
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 2 of 5 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 64.3% |
| Current ratio | 275% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 158 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 1.9m | DKK 10.9m | DKK 11.8m |
| Net profit | DKK -2.3m | DKK 3.2m | DKK 6.5m |
| Equity | DKK 2.6m | DKK 4.9m | DKK 6.7m |
| Total assets | DKK 4.1m | DKK 10.9m | DKK 9.3m |
| Cash | DKK 1.4m | DKK 4.3m | – |
| Short-term debt | DKK 1.5m | DKK 6.0m | – |
| Avg. employees | 2 | 2 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 182 | ||
| 1 Jan 2024 – 31 Dec 2024 | 192 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 110 | ||
| 1 Jan 2022 – 31 Dec 2022 | 103 | ||
| 25 May 2021 – 31 Dec 2021 | 189 | Late Restated |
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 | Kevin Jan Magnussen | Current | |
| Owner (100%) | Twenty Holding ApS | Current | |
| Owner (100%) | Kevin Jan Magnussen | ||
| Auditor | Grant Thornton, Godkendt Revisionspartnerselskab | Current | |
| Founder | Kevin Jan Magnussen | Current |
The CEOs' other companies
Kevin Jan Magnussen – 5 other companies
- ANPARTSSELSKABET AF 1. APRIL 2010 Active
- Intellis A/S Active
- Twenty Holding ApS Opløst
- Twenty Holding ApS Active
- Zenia ApS Opløst
Address history (2 moves)
| c/o Grant Thornton, Godkendt Revisionspartne, Lautrupsgade 11, 2100 København Ø | |
| c/o Grant Thornton, Godkendt Revisionspartne, Stockholmsgade 45, 2100 København Ø | |
| Albert Schweitzers Vej 2, 2450 København SV |
Other companies at the same address
- C F-EJENDOMME HOLDING ApS Bankrupt
- DEESIDE KOMPLEMENTAR ApS Bankrupt
- EJENDOMSSELSKABET AF 23/4-63 ApS Bankrupt
- ESTATUM A/S Bankrupt
- ESTATUM DUBAI A/S Bankrupt
- ESTATUM FINANS A/S Bankrupt
- ESTATUM HOLDING A/S Bankrupt
- ESTATUM KREDIT A/S Bankrupt
- ESTATUM PROJEKT A1 ApS Bankrupt
- ESTATUM PROJEKT D1 ApS Bankrupt
- Energy Balance Denmark ApS Bankrupt
- GEORGE STREET KOMPLEMENTAR ApS Bankrupt
- LEATHERHEAD KOMPLEMENTAR ApS Bankrupt
- MARKET PLACE KOMPLEMENTAR ApS Bankrupt
- REAL EJENDOMSADMINISTRATION A/S Bankrupt
- REAL FORVALTNING A/S Bankrupt
- SCAN 285 KOMPLEMENTAR ApS Bankrupt
- SCAN 309 KOMPLEMENTAR ApS Bankrupt
- SCAN 313 KOMPLEMENTAR ApS Bankrupt
- SCAN 342 KOMPLEMENTAR ApS Bankrupt
- SCAN 343 KOMPLEMENTAR ApS Bankrupt
- 2SECURE DANMARK ApS Active
- 4FINANCE ApS Active
- A/S LINDEVO Active
- A/S MULA Active
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Questions and answers about Twenty Racing ApS
Has Twenty Racing ApS gone bankrupt?
No, Twenty Racing ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Twenty Racing ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of Twenty Racing ApS?
Kevin Jan Magnussen is the CEO of Twenty Racing ApS.
Who is the auditor of Twenty Racing ApS?
Twenty Racing ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.
When was Twenty Racing ApS founded?
Twenty Racing ApS was founded on 25 May 2021.
What is the equity of Twenty Racing ApS?
Equity was DKK 2.6m 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.