Thy Recycling ApS
CVR 42508314 · Private limited company (ApS) · Active · Low risk
Thy Recycling ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 2.6m and a net result of DKK 1.3m. CEO: Michael Ørgaard Andersen.
Bankruptcy risk for Thy Recycling ApS
0.1 × the average (1.41%) · higher risk than 38% 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
- 42508314
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Glentevej 3
7700 Thisted - Municipality
- Thisted
- Industry
- Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer - Share capital
- DKK 40k
- Auditor
- Beierholm
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 4 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 69.5% |
| Current ratio | 253% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 2.0m | DKK 1.4m | DKK 586k |
| Net profit | DKK 1.3m | DKK 922k | DKK 320k |
| Equity | DKK 2.6m | DKK 1.3m | DKK 376k |
| Total assets | DKK 3.7m | DKK 2.1m | DKK 1.4m |
| Cash | DKK 1.3m | DKK 0 | – |
| Short-term debt | DKK 995k | DKK 559k | – |
| Tax owed | DKK 340k | DKK 265k | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 72 | ||
| 1 Jan 2024 – 31 Dec 2024 | 36 | ||
| 1 Jan 2023 – 31 Dec 2023 | 40 | ||
| 1 Jul 2021 – 31 Dec 2022 | 37 |
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 | Michael Ørgaard Andersen | Current | |
| Owner (100%) | MØA HOLDING ApS | Current | |
| Founder | MØA HOLDING ApS | Current |
The CEOs' other companies
Michael Ørgaard Andersen – 3 other companies
- MØA Estate ApS Active
- MØA HOLDING ApS Active
- THY CONTAINER SERVICE A/S Active
Address history (2 moves)
| Glentevej 3, 7700 Thisted | |
| Glentevej 3, 7700 Thisted | |
| Glentevej 7, 7700 Thisted |
Similar companies in Thisted
- Nøreng Metal ApS Thisted
- SCRAP CAR ApS Thisted
- MIDTTHY SKROT ApS Snedsted
Questions and answers about Thy Recycling ApS
Has Thy Recycling ApS gone bankrupt?
No, Thy Recycling ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Thy Recycling ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.
Who is the CEO of Thy Recycling ApS?
Michael Ørgaard Andersen is the CEO of Thy Recycling ApS.
Who is the auditor of Thy Recycling ApS?
Thy Recycling ApS most recently used Beierholm.
When was Thy Recycling ApS founded?
Thy Recycling ApS was founded on 1 July 2021.
What is the equity of Thy Recycling 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.