Thy Recycle ApS

CVR 44473828 · Private limited company (ApS) · Active · Medium risk

Thy Recycle ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry indsamling af ikke-farligt affald. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK 0. CEO: Helle Korsgaard.

Bankruptcy risk for Thy Recycle ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
44473828
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Tigervej 8
7700 Thisted
Municipality
Thisted
Industry
Indsamling af ikke-farligt affald (381100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 40k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio0.0%
Current ratio261%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 86.5mDKK 94.5m
Net profitDKK 0DKK 0
EquityDKK 40kDKK 40k
Total assetsDKK 179.8mDKK 143.8m
CashDKK 1.5m–
Short-term debtDKK 17.7m–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025141
4 Dec 2023 – 31 Dec 2024148

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
CEOHelle KorsgaardCurrent
BoardNicole Franzois ToftCurrent
BoardMorten Bo BertelsenCurrent
BoardRasmus Esmann OvergaardCurrent
BoardJens Kristian YdeCurrent
BoardPeter Skriver NielsenCurrent
BoardMette KjærulffCurrent
BoardCasper Søe-LarsenCurrent
BoardJørgen Munk Andersen
BoardKarl Ove Vestergaard
BoardHenning Holm
BoardLene Brix Kjelgaard Jensen
BoardKristian Tilsted
Owner (100%)Thy Forsyning A/SCurrent
Owner (100%)Thisted Kommune
AuditorEY Godkendt RevisionspartnerselskabCurrent
FounderThisted KommuneCurrent

The CEOs' other companies

Helle Korsgaard – 8 other companies

Address history (1 moves)

Tigervej 8, 7700 Thisted
Silstrupvej 12, 7700 Thisted

Other companies at the same address

Similar companies in Thisted

Questions and answers about Thy Recycle ApS

Has Thy Recycle ApS gone bankrupt?

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

What is the bankruptcy risk of Thy Recycle ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of Thy Recycle ApS?

Helle Korsgaard is the CEO of Thy Recycle ApS.

Who is the auditor of Thy Recycle ApS?

Thy Recycle ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Thy Recycle ApS founded?

Thy Recycle ApS was founded on 4 December 2023.

What is the equity of Thy Recycle ApS?

Equity was DKK 40k 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.