Turf Recycling ApS

CVR 45905284 · Private limited company (ApS) · Active · Low risk

Turf Recycling ApS is a Private limited company (ApS), founded on , based in Viborg. The company is registered in the industry genindvinding af materialer. Our model estimates a bankruptcy risk of 0.6% 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 50k and a net result of DKK -30k. CEO: Lene Christensen, Martin Allan Laursen.

Bankruptcy risk for Turf Recycling ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% 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×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
CEO's other companies30+ · bankruptcy rate 4.3%0.48×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
45905284
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Lundborgvej 25
8800 Viborg
Municipality
Viborg
Industry
Genindvinding af materialer (382100)
Bankruptcies in the industry: Genbrug af sorterede materialer
Share capital
DKK 80k
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio2.4%
Current ratio20,885%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -10k
Net profitDKK -30k
EquityDKK 50k
Total assetsDKK 2.1m
CashDKK 80k
Short-term debtDKK 10k
Avg. employees0

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
19 Sep 2025 – 31 Dec 202572

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
CEOLene ChristensenCurrent
CEOMartin Allan LaursenCurrent
Owner (100%)Ejendomsselskabet Industrivej 22, Næstved ApSCurrent
Owner (50%)DLT HOLDING ApS
Owner (50%)BACH GRUPPEN A/S
Owner (50%)BGA Viborg A/S
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderEjendomsselskabet Industrivej 22, Næstved ApSCurrent

The CEOs' other companies

Lene Christensen – 47 other companies, of which 5 bankrupt

Martin Allan Laursen – 26 other companies, of which 2 bankrupt

Address history (0 moves)

Lundborgvej 25, 8800 Viborg

Other companies at the same address

Similar companies in Viborg

Questions and answers about Turf Recycling ApS

Has Turf Recycling ApS gone bankrupt?

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

What is the bankruptcy risk of Turf Recycling ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Turf Recycling ApS?

Lene Christensen, Martin Allan Laursen are the CEOs of Turf Recycling ApS.

Who is the auditor of Turf Recycling ApS?

Turf Recycling ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was Turf Recycling ApS founded?

Turf Recycling ApS was founded on 19 September 2025.

What is the equity of Turf Recycling ApS?

Equity was DKK 50k 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.