Recar Services ApS

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CVR 35891129Hjelmensgade 33, 8000 Aarhus CEngroshandel med personbiler, varebiler og minibusser· NACE 451110Est. 2014 · 12 years old1 employees

Overview

Recar Services ApS is a Danish APS based in Aarhus C, operating in the Engroshandel med personbiler, varebiler og minibusser sector. Incorporated in 2014, the company has 1 employee and reported a gross profit of DKK 115.2k in its latest annual filing.

Gross profit 2019

115.2K DKK

−424% vs 2018

EBITDA margin (of gross profit)

98.4 %

+227% vs 2018

Net profit 2019

-6.8K DKK

+97% vs 2018

Key ratios

See full ratios →

-521.6 %

Very weak

Among the 10% lowest rated companies in the industry

20152019

0.2×

Very weak

Among the 10% lowest rated companies in the industry

20152019

-5.6 %

Weak

Among the 30% lowest rated companies in the industry

20152019

EBITDA — year on year

DKK thousands

Key figures

Annual report 2019

Gross profit	115.2K DKK	-424%
EBITDA	113.3K DKK	+227%
Net profit	-6.8K DKK	+97%
Total assets	121.5K DKK	-50%
Equity	-634K DKK	-1%
Employees	1	—

Contact

Address

Hjelmensgade 33, 8000 Aarhus C

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Active — opted out of marketing use

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Financial development

In its most recent annual report (2019), Recar Services ApS reported a gross profit of DKK 115.2k. The figures on this page draw on 5 annual filings covering 2015 to 2019. The bottom line showed a net loss of DKK 6.8k, and the EBITDA margin stood at 98.4%.

At the end of 2019, current assets covered short-term debt 0.2 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2019	2018	2017	2016	2015
Gross profit	115	-36	-91	-93	-137
Staff expenses	-2	-53	-9	-3	-3
EBITDA	113	-89	-99	-97	-140
Depreciation & amort.	-156	-156	-156	-0	-1
EBIT	-42	-245	-255	-97	-141
Net financials	-18	-27	-27	-23	-16
Profit before tax	-61	-272	-282	-119	-158
Tax	-54	-0	-76	-76	-0
Net profit	-7	-272	-205	-44	-158

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Balance sheet

DKK thousands

Item	2019	2018	2017	2016	2015
Total assets	122	242	325	485	351
Equity	-634	-627	-355	-150	-106
Long-term debt	0	0	0	0	0
Short-term debt	756	869	680	587	457
Total debt	756	869	680	587	457

Financial ratios

5-year trend

EBITDA margin (of gross profit)

98.4 %

20152019

Equity ratio

-521.6 %

Very weak

Among the 10% lowest rated companies in the industry

20152019

Return on equity

—

20152019

Net profit margin (of gross profit)

-5.9 %

20152019

Asset turnover (of gross profit)

0.95×

20152019

Debt / equity

—

20152019

Sector performance

16 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 20% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioWeak

Among the 40% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 10% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 10% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtAverage

Around the average of companies in the same industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 30% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Efficiency & development

Equity to contributed capitalVery weak

Among the 10% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2019
Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
View PDF
Annual report 2016
Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
View PDF
Annual report 2015
Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


JB Jakob Brøgger-Mikkelsen Founder	Founder	2014 – 2021
FC Frederik Christiansen Management	Management	2014 – 2021
NN Nicholas Nepper Jensen Founder	Founder	2014 – 2021

Board of directors

Non-executive oversight

Name	Role	Member since

Former (3)


JB Jakob Brøgger-Mikkelsen Chairman	Chairman	2014 – 2021
FC Frederik Christiansen Board of Directors	Board of Directors	2014 – 2021
NN Nicholas Nepper Jensen Board of Directors	Board of Directors	2014 – 2021

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Jakob Brøgger-Mikkelsen	Individual	15–19.99%	15–19.99%	2018
Frederik Christiansen	Individual	50–66.65%	50–66.65%	2018
Nicholas Nepper Jensen	Individual	20–24.99%	20–24.99%	2018
Jonathan Helbo Stoker	Individual	10–14.99%	10–14.99%	2018

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Recar Services ApS also hold positions in 11 other companies.

Person	Role here	Other companies
Jakob Brøgger-Mikkelsen	Founder	6 companiesMany roles
Frederik Christiansen	Management	3 companies
Nicholas Nepper Jensen	Founder	2 companies

Frequently asked questions

What is the CVR number of Recar Services ApS?

Recar Services ApS is registered with CVR / Virk under CVR 35891129.

What is the gross profit of Recar Services ApS?

Recar Services ApS reported a gross profit of DKK 115.2k in 2019.

How many employees does Recar Services ApS have?

Recar Services ApS employs 1 people as of the latest annual report.

Where is Recar Services ApS headquartered?

Recar Services ApS's registered address is Hjelmensgade 33, 1..