Recars ApS

CVR 44385171 · Private limited company (ApS) · Active · Low risk

Recars ApS is a Private limited company (ApS), founded on , based in Børkop. The company is registered in the industry detailhandel med motorkøretøjer. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 2 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 2.4m and a net result of DKK 2.1m. CEO: Martin Rasmussen.

Bankruptcy risk for Recars ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
44385171
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Industrivej 52
7080 Børkop
Municipality
Vejle
Industry
Detailhandel med motorkøretøjer (478100)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 40k
Auditor
Status Revision, Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio27.4%
Current ratio152%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 4.0mDKK 1.5m
Net profitDKK 2.1mDKK 709k
EquityDKK 2.4mDKK 749k
Total assetsDKK 8.7mDKK 3.4m
Short-term debtDKK 5.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Status RevisionGodkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025158
24 Oct 2023 – 30 Jun 2024173

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
CEOMartin RasmussenCurrent
Owner (10%)EJP ApSCurrent
Owner (67%)Tarp Group ApSCurrent
Owner (10%)MiKL ApSCurrent
Owner (100%)Tarp Group ApS
AuditorStatus Revision, Godkendt RevisionsaktieselskabCurrent
FounderTarp Group ApSCurrent

The CEOs' other companies

Martin Rasmussen – 4 other companies

Address history (1 moves)

Industrivej 52, 7080 Børkop
Pilehaven 28, 7120 Vejle Øst

Other companies at the same address

Similar companies in Vejle

Questions and answers about Recars ApS

Has Recars ApS gone bankrupt?

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

What is the bankruptcy risk of Recars ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Recars ApS?

Martin Rasmussen is the CEO of Recars ApS.

Who is the auditor of Recars ApS?

Recars ApS most recently used Status Revision, Godkendt Revisionsaktieselskab.

When was Recars ApS founded?

Recars ApS was founded on 24 October 2023.

What is the equity of Recars ApS?

Equity was DKK 2.4m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.