Vest Recycling A/S

CVR 45199002 · Public limited company (A/S) · Active · Medium risk

Vest Recycling A/S is a Public limited company (A/S), founded on , based in Tarm. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK 1.7m. CEO: Kenneth Dahl Christiansen, Thomas Johan Teslak.

Bankruptcy risk for Vest Recycling A/S

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
45199002
Status
Active
Company type
Public limited company (A/S)
Founded
(1 years)
Address
Vardevej 83A
6880 Tarm
Municipality
Ringkøbing-Skjern
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 400k
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio15.9%
Current ratio89%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 3.4m
Net profitDKK 1.7m
EquityDKK 2.1m
Total assetsDKK 13.0m
CashDKK 360k
Short-term debtDKK 4.6m
Avg. employees2

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
5 Nov 2024 – 31 Dec 2025186 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
CEOKenneth Dahl ChristiansenCurrent
CEOThomas Johan TeslakCurrent
BoardThomas EskildsenCurrent
BoardKenneth Dahl ChristiansenCurrent
BoardThomas Johan TeslakCurrent
BoardPia Elisabeth TeslakCurrent
BoardClaus Risbjerg Mikkelsen
Owner (50%)THOMAS TESLAK HOLDING ApSCurrent
Owner (50%)BOUNUM MASKINSTATION A/SCurrent
Owner (15%)Thomas Eskildsen
Owner (15%)Kenneth Dahl Christiansen
Owner (15%)Michael Lundgaard Eskildsen
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderTHOMAS TESLAK HOLDING ApSCurrent
FounderBOUNUM MASKINSTATION A/SCurrent

The CEOs' other companies

Kenneth Dahl Christiansen – 3 other companies

Thomas Johan Teslak – 6 other companies

Address history (1 moves)

Vardevej 83A, 6880 Tarm
Ndr Bounumvej 11, 6870 Ølgod

Other companies at the same address

Questions and answers about Vest Recycling A/S

Has Vest Recycling A/S gone bankrupt?

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

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

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the CEO of Vest Recycling A/S?

Kenneth Dahl Christiansen, Thomas Johan Teslak are the CEOs of Vest Recycling A/S.

Who is the auditor of Vest Recycling A/S?

Vest Recycling A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Vest Recycling A/S founded?

Vest Recycling A/S was founded on 5 November 2024.

What is the equity of Vest Recycling A/S?

Equity was DKK 2.1m 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.