Rethink Materials ApS

CVR 43939734 · Private limited company (ApS) · Active · High risk

Rethink Materials ApS is a Private limited company (ApS), founded on , based in Valby. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 3 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 3.0m and a net result of DKK -4,081. CEO: Marcus Alexander Byrgesen, Tinus Benjamin Byrgesen.

Bankruptcy risk for Rethink Materials ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
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
43939734
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Bellidavej 3, 2. tv
2500 Valby
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 147k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 3
Missing annual reportNo
Negative equityNo
Equity ratio99.5%
Current ratio4,215%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -31kDKK -40DKK -5,806
Net profitDKK -4,081DKK -41DKK 69k
EquityDKK 3.0mDKK 189kDKK 189k
Total assetsDKK 3.0mDKK 500kDKK 214k
CashDKK 90DKK 385k–
Short-term debtDKK 15kDKK 311k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025215 Late
1 Jan 2024 – 31 Dec 2024192 Late
22 Mar 2023 – 31 Dec 2023213 Late

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
CEOMarcus Alexander ByrgesenCurrent
CEOTinus Benjamin ByrgesenCurrent
CEOAlem Dedic
Owner (33%)M. Byrgesen Holding ApSCurrent
Owner (33%)Tinus Byrgesen Holding ApSCurrent
Owner (33%)M. Byrgesen Holding ApS
Owner (33%)Tinus Byrgesen Holding ApS
Owner (33%)Alem Dedic
Owner (50%)M. Byrgesen Holding ApS
Owner (50%)Tinus Byrgesen Holding ApS
Owner (5%)HOLDINGSELSKABET AF 10/6 1991 ApS
Owner (5%)A. Taulbjerg Holding ApS
AuditorDANSK REVISION HOLBÆK/GLOSTRUP GODKENDT REVISIONSPARTNERSELSKAB
FounderM. Byrgesen Holding ApSCurrent
FounderTinus Byrgesen Holding ApSCurrent

The CEOs' other companies

Marcus Alexander Byrgesen – 1 other companies

Tinus Benjamin Byrgesen – 2 other companies

Alem Dedic – 1 other companies

Address history (1 moves)

Bellidavej 3, 2. tv, 2500 Valby
Bellidavej 3, 2. tv, 2500 Valby

Other companies at the same address

Similar companies in København

Questions and answers about Rethink Materials ApS

Has Rethink Materials ApS gone bankrupt?

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

What is the bankruptcy risk of Rethink Materials ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of Rethink Materials ApS?

Marcus Alexander Byrgesen, Tinus Benjamin Byrgesen are the CEOs of Rethink Materials ApS.

When was Rethink Materials ApS founded?

Rethink Materials ApS was founded on 22 March 2023.

What is the equity of Rethink Materials ApS?

Equity was DKK 3.0m 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.