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APSActiveCVR 35404724Marienbergvej 108Wholesale of watches and jewellery · NACE 4648Est. 20135 employeeswww.recwatches.com
Revenue 2025
DKK 6,3M
-360% vs 2024
EBITDA margin
65.1%
+198% vs 2024
Equity ratio
-18.5%
Financial strength
Net profit 2025
DKK 4,4M
+182% vs 2024
| Revenue | DKK 6,3M | -360% |
| EBITDA | DKK 4,1M | +198% |
| Net profit | DKK 4,4M | +182% |
| Total assets | DKK 13,4M | +28% |
| Equity | DKK -2,5M | +64% |
| Employees | 5 | — |
Legal name
REC WATCHES ApS
CVR number
35404724
Legal form
Anpartsselskab
NACE code
4648 · Wholesale of watches and jewellery
Founded
19. juli 2013
Share capital
DKK 185.701
Employees
5 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af to direktører i forening.
Company purpose
Selskabets formål er at designe, fremstille og sælge ure samt hermed beslægtet virksomhed
Address
Marienbergvej 108
Phone
+4553540332
Email
info@recwatches.com
Website
www.recwatches.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -361 | -270 | 597 | 2.052 | 2.522 | 1.082 | 2.747 | 3.920 | 1.332 | 1.969 | -2.418 | 6.296 |
| Staff expenses | -64 | -205 | -1.175 | -1.718 | -3.469 | -2.576 | -2.294 | -3.059 | -2.660 | -1.871 | -1.750 | -2.199 |
| EBITDA | -425 | -475 | -578 | 335 | -1.285 | -1.493 | 427 | 860 | -1.328 | 99 | -4.169 | 4.096 |
| Depreciation & amort. | -0 | -31 | -43 | -55 | -98 | -170 | -157 | -163 | -346 | -716 | -542 | -437 |
| EBIT | -425 | -506 | -620 | 280 | -1.383 | -1.663 | 270 | 697 | -1.673 | -617 | -4.710 | 3.660 |
| Net financials | -20 | -21 | -130 | -147 | -105 | -232 | -231 | -181 | -966 | -1.073 | -668 | -1.008 |
| Profit before tax | -446 | -527 | -750 | 133 | -1.488 | -1.895 | 39 | 517 | -2.639 | -1.690 | -5.378 | 2.652 |
| Tax | -0 | -211 | -163 | 77 | 103 | 194 | -0 | -0 | -0 | -0 | -0 | -1.750 |
| Net profit | -446 | -316 | -587 | 56 | -1.591 | -2.089 | 39 | 517 | -2.639 | -1.690 | -5.378 | 4.402 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 476 | 1.321 | 2.925 | 4.691 | 7.734 | 7.394 | 4.962 | 9.007 | 9.333 | 6.089 | 10.438 | 13.377 |
| Equity | 84 | 819 | 1.532 | 1.588 | 4.370 | 2.281 | 2.320 | 2.836 | 197 | -1.493 | -6.871 | -2.470 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 | 0 | 130 | 132 | 134 | 134 | 134 | 235 |
| Short-term debt | 391 | 502 | 1.393 | 3.103 | 3.363 | 5.113 | 2.512 | 6.039 | 9.002 | 7.448 | 17.175 | 15.611 |
| Total debt | 391 | 502 | 1.393 | 3.103 | 3.363 | 5.113 | 2.642 | 6.170 | 9.136 | 7.582 | 17.309 | 15.846 |
EBITDA margin
65.1%
This company
15.8%
Market median
+312% vs market
20142025
Equity ratio
-18.5%
This company
38.2%
Market median
-148% vs market
20142025
Return on equity
440167300.0%
This company
18.4%
Market median
+2392213487% vs market
20142025
Net profit margin
69.9%
This company
8.1%
Market median
+763% vs market
20142025
Asset turnover
0.47×
This company
1.12×
Market median
-58% vs market
20142025
Debt / equity
6.42×
This company
0.62×
Market median
-935% vs market
20142025
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via CVR / Virk · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via CVR / Virk · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via CVR / Virk · Period 2013-07-19 – 2014-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
JK Management | Management | 2013 | — | — |
CF Management | Management | 2013 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Chairman | 2017 | — | — | |
| Board of Directors | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
BANANAS HAVE APPEAL HOLDING ApS | Company | 33.3% | 33.3% | 2018 |
DAUGELYKKE ApS | Company | 15.0% | 15.0% | 2014 |
Lind Family Holding A/S | Company | 10.0% | 10.0% | 2018 |
COMBI SERVICE ROSKILDE HOLDING ApS | Company | 10.0% | 10.0% | 2015 |
Jesper Buch Holding ApS | Company | 10.0% | 10.0% | 2017 |
THENEWBLACK ApS | Company | 5.0% | 5.0% | 2015 |
MOUNT BALDY A/S | Company | 5.0% | 5.0% | 2015 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
TORBEN LIND HOLDING ApS
REC WATCHES ApS Board members of REC WATCHES ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jonathan Kamstrup Tonnesen | Management | 0 companies |
| Christian Felix Friis Mygh | Management | 0 companies |
| David Bøgevang Køster Christensen | Board of Directors | 0 companies |
| Michael Krogh | Chairman | 0 companies |
| Jesper Buch | Board of Directors | 0 companies |