NG Recycling A/S

CVR 44634414 · Public limited company (A/S) · Active · Very high risk

NG Recycling A/S is a Public limited company (A/S), founded on , based in Kolding. The company is registered in the industry engroshandel med affaldsprodukter. Our model estimates a bankruptcy risk of 12.9% over the next 12 months, which is 9.2 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -15.6m and a net result of DKK -11.3m. CEO: Roy Hammer.

Bankruptcy risk for NG Recycling A/S

12.9%
probability of bankruptcy within 12 months
Very high risk

9.2 × the average (1.41%) · higher risk than 98% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
44634414
Status
Active
Company type
Public limited company (A/S)
Founded
(2 years)
Address
Sdr. Havnegade 80
6000 Kolding
Municipality
Kolding
Industry
Engroshandel med affaldsprodukter (468700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 400k
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-376.4%
Current ratio10%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -6.3mDKK -2.6m
Net profitDKK -11.3mDKK -4.8m
EquityDKK -15.6mDKK -4.4m
Total assetsDKK 4.2mDKK 25.9m
CashDKK 15k–
Short-term debtDKK 17.5m–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Feb 2024 – 31 Dec 2024174

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
CEORoy HammerCurrent
CEOMartin Reinert
BoardRoy HammerCurrent
BoardMarius Kleven GjermundsenCurrent
BoardHenrik Våraker-JohansenCurrent
Owner (100%)Norsk Gjenvinning Metall ASCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderNorsk Gjenvinning Metall ASCurrent

Address history (1 moves)

Sdr. Havnegade 80, 6000 Kolding
Hornevej 18, 6862 Tistrup

Similar companies in Kolding

Questions and answers about NG Recycling A/S

Has NG Recycling A/S gone bankrupt?

No, NG Recycling A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of NG Recycling A/S?

Our model estimates a bankruptcy risk of 12.9% over the next 12 months (very high risk), which is 9.2 times the average for Danish companies.

Who is the CEO of NG Recycling A/S?

Roy Hammer is the CEO of NG Recycling A/S.

Who is the auditor of NG Recycling A/S?

NG Recycling A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was NG Recycling A/S founded?

NG Recycling A/S was founded on 1 February 2024.

What is the equity of NG Recycling A/S?

Equity was DKK -15.6m 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.