Recycler ApS

CVR 45570924 · Private limited company (ApS) · Active · Medium risk

Recycler ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 20k and a net result of DKK -205. CEO: Simon Dencker Mikkelsen.

Bankruptcy risk for Recycler ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
45570924
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Trindsøvej 6, 1.
8000 Aarhus C
Municipality
Aarhus
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio93.9%
Current ratio1,638%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address129
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -191
Net profitDKK -205
EquityDKK 20k
Total assetsDKK 21k
CashDKK 21k
Short-term debtDKK 1,287
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
29 Apr 2025 – 31 Dec 2025149

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
CEOSimon Dencker MikkelsenCurrent
Owner (100%)Simon Dencker MikkelsenCurrent
FounderSimon Dencker MikkelsenCurrent

Address history (0 moves)

Trindsøvej 6, 1., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Recycler ApS

Has Recycler ApS gone bankrupt?

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

What is the bankruptcy risk of Recycler ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Recycler ApS?

Simon Dencker Mikkelsen is the CEO of Recycler ApS.

When was Recycler ApS founded?

Recycler ApS was founded on 29 April 2025.

What is the equity of Recycler ApS?

Equity was DKK 20k 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.