M&J Recycling Group ApS
CVR 42545651 · Private limited company (ApS) · Active · Low risk
M&J Recycling Group ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 35.6m and a net result of DKK -1.3m. CEO: John Møller Terkelsen.
Bankruptcy risk for M&J Recycling Group 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
- 42545651
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Vejlevej 5
8700 Horsens - Municipality
- Horsens
- Industry
- Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse - Share capital
- DKK 5,991
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 5 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 68.0% |
| Current ratio | 6% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 7 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 0 | DKK 0 |
| Gross profit | DKK 0 | DKK 0 |
| Net profit | DKK -1.3m | DKK 5.4m |
| Equity | DKK 35.6m | DKK 36.9m |
| Total assets | DKK 52.4m | DKK 53.9m |
| Cash | DKK 345k | – |
| Short-term debt | DKK 16.8m | – |
| Tax owed | DKK 0 | – |
| Avg. employees | 2 | – |
Latest annual report: Reporting class C, large enterprise · auditor's statement: Auditor's report on audited financial statements · KPMG Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 70 | ||
| 1 Jan 2024 – 31 Dec 2024 | 80 | ||
| 1 Jan 2023 – 31 Dec 2023 | 82 | ||
| 1 Jan 2022 – 31 Dec 2022 | 101 | ||
| 13 Jul 2021 – 31 Dec 2021 | 158 |
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 | John Møller Terkelsen | Current | |
| CEO | Lars Sebastian Burmeister | ||
| CEO | Sandra Lina Wickström | ||
| CEO | Pasi Ilkka Juhani Koota | ||
| CEO | Tero Juhana Telaranta | ||
| CEO | René Normann Christensen | ||
| Board | Carsten Nygaard Knudsen | Current | |
| Board | Tero Juhana Telaranta | Current | |
| Board | Hans Erik Ahlström | Current | |
| Board | Wim Christiaan Henricus van Lieshout | Current | |
| Board | Mette Dobel | Current | |
| Board | Maija Anneli Joutsenkoski | Current | |
| Board | Pasi Ilkka Juhani Koota | ||
| Owner (67%) | Ahlstrom Capital B.V. | Current | |
| Owner (10%) | M&J Management Holding ApS | Current | |
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | KPMG P/S | ||
| Founder | Ahlstrom Capital B.V. | Current |
The CEOs' other companies
John Møller Terkelsen – 1 other companies
- M&J Denmark A/S Active
René Normann Christensen – 11 other companies
- ACH6 INVEST APS Active
- GLUNZ & JENSEN MICROFLEX A/S Fusioneret
- Glunz & Jensen A/S Active
- H.C. ANDERSEN. BAGERGÅRDEN A/S Fusioneret
- IMN INVEST APS Active
- LSN INVEST APS Active
- M&J Denmark A/S Active
- M&J Denmark Properties ApS Active
- NVN INVEST APS Active
- RNC INVEST APS Active
- Selandia Park A/S Active
Address history (1 moves)
| Vejlevej 5, 8700 Horsens | |
| c/o Gorrissen Federspiel, Axeltorv 2, 1609 København V |
Former names
| M&J Recycling Group ApS | – now |
| Ahlstrøm Capital ApS | – |
Other companies at the same address
- M&J Denmark A/S Active
- M&J Denmark Properties ApS Active
- M&J Management Holding ApS Active
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- L. SØNDERGÅRD ApS AF 18.10.1988 Horsens
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- Innerray ApS Brædstrup
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Questions and answers about M&J Recycling Group ApS
Has M&J Recycling Group ApS gone bankrupt?
No, M&J Recycling Group ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of M&J Recycling Group 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 M&J Recycling Group ApS?
John Møller Terkelsen is the CEO of M&J Recycling Group ApS.
Who is the auditor of M&J Recycling Group ApS?
M&J Recycling Group ApS most recently used EY Godkendt Revisionspartnerselskab.
When was M&J Recycling Group ApS founded?
M&J Recycling Group ApS was founded on 13 July 2021.
What is the equity of M&J Recycling Group ApS?
Equity was DKK 35.6m 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.