Three Forces Recycling ApS

CVR 45690539 · Private limited company (ApS) · Active · Low risk

Three Forces Recycling ApS is a Private limited company (ApS), founded on , based in Fredericia. The company is registered in the industry engroshandel med fast, flydende og luftformigt brændstof og lignende varer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 0. CEO: Nishanth Dennis Sripathy.

Bankruptcy risk for Three Forces Recycling ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
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×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
45690539
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Martine Christoffersens Vej 42
7000 Fredericia
Municipality
Fredericia
Industry
Engroshandel med fast, flydende og luftformigt brændstof og lignende varer (468100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
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 year2025
Gross profitDKK 0
Net profitDKK 0
EquityDKK 20k
Total assetsDKK 20k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
20 Jun 2025 – 31 Dec 2025181

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
CEONishanth Dennis SripathyCurrent
Owner (50%)Santhiirathevii ApSCurrent
Owner (50%)VSA-Holding ApSCurrent
FounderSanthiirathevii ApSCurrent
FounderVSA-Holding ApSCurrent

The CEOs' other companies

Nishanth Dennis Sripathy – 6 other companies, of which 2 bankrupt

Address history (0 moves)

Martine Christoffersens Vej 42, 7000 Fredericia

Other companies at the same address

Similar companies in Fredericia

Questions and answers about Three Forces Recycling ApS

Has Three Forces Recycling ApS gone bankrupt?

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

What is the bankruptcy risk of Three Forces Recycling ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Three Forces Recycling ApS?

Nishanth Dennis Sripathy is the CEO of Three Forces Recycling ApS.

When was Three Forces Recycling ApS founded?

Three Forces Recycling ApS was founded on 20 June 2025.

What is the equity of Three Forces Recycling 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.