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APSActiveCVR 38788892Bakkevænget 1Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery · NACE 4615Est. 20171 employeeswww.upcyclingscandinavia.com
Revenue 2025
DKK 1M
+32% vs 2024
EBITDA margin
56.2%
+118% vs 2024
Equity ratio
35.4%
Financial strength
Net profit 2025
DKK 415K
+265% vs 2024
| Revenue | DKK 1M | +32% |
| EBITDA | DKK 580K | +118% |
| Net profit | DKK 415K | +265% |
| Total assets | DKK 1,6M | -15% |
| Equity | DKK 553K | +299% |
| Employees | 1 | — |
Legal name
Upcycling Scandinavia ApS
CVR number
38788892
Legal form
Anpartsselskab
NACE code
4615 · Activities of agents involved in the wholesale of furniture, household goods, hardware and ironmongery
Founded
6. juli 2017
Share capital
DKK 60.001
Employees
1 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede direktion i forening.
Company purpose
Selskabets formål er at udøve virksomhed indenfor udvikling, produktion og forbehandling af produkter, som er 100 pct. upcyclet og 100 pct. genanvendelige, samt aktiviteter i tilknytning hertil og dermed beslægtet virksomhed.
Address
Bakkevænget 1
Phone
+4553604512
Email
info@upcyclingscandinavia.com
Website
www.upcyclingscandinavia.com
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -141 | -221 | 9 | 1.371 | 1.099 | 771 | 784 | 1.031 |
| Staff expenses | -0 | -0 | -368 | -1.016 | -850 | -121 | -517 | -451 |
| EBITDA | -141 | -221 | -358 | 355 | 249 | 650 | 266 | 580 |
| Depreciation & amort. | -8 | -15 | -117 | -154 | -146 | -117 | -16 | -16 |
| EBIT | -149 | -236 | -476 | 201 | 103 | 533 | 250 | 564 |
| Net financials | -12 | -12 | -111 | -165 | -117 | -134 | -65 | -32 |
| Profit before tax | -162 | -248 | -586 | 36 | -14 | 399 | 186 | 532 |
| Tax | -33 | -51 | -126 | 8 | -2 | 51 | 72 | 117 |
| Net profit | -128 | -197 | -460 | 28 | -11 | 348 | 114 | 415 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 364 | 379 | 1.308 | 1.208 | 1.708 | 529 | 1.838 | 1.563 |
| Equity | -78 | -130 | -590 | -562 | -573 | -225 | 139 | 553 |
| Long-term debt | 0 | 0 | 1.239 | 990 | 716 | 0 | 0 | 0 |
| Short-term debt | 443 | 509 | 659 | 780 | 1.566 | 754 | 1.700 | 991 |
| Total debt | 443 | 509 | 1.899 | 1.770 | 2.282 | 754 | 1.700 | 991 |
EBITDA margin
56.2%
This company
15.8%
Market median
+256% vs market
20182025
Equity ratio
35.4%
This company
38.2%
Market median
+7% vs market
20182025
Return on equity
74.9%
This company
18.4%
Market median
+307% vs market
20182025
Net profit margin
40.2%
This company
8.1%
Market median
+396% vs market
20182025
Asset turnover
0.66×
This company
1.12×
Market median
-41% vs market
20182025
Debt / equity
1.82×
This company
0.62×
Market median
-194% vs market
20182025
- 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 2017-07-06 – 2018-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RM Founder | Founder | 2017 | — | — |
MS Founder | Founder | 2017 | — | — |
MJ Management | Management | 2020 | — | — |
KB Management | Management | 2023 | — | — |
ES Management | Management | 2018 | — | — |
No data on file.
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
JUST HOLDING 2012 ApS | Company | 50.0% | 50.0% | 2024 |
Helborg Holding 2015 ApS | Company | 33.3% | 33.3% | 2024 |
Morten Helborg Holding ApS | Company | 10.0% | 10.0% | 2025 |
| Individual | 15.0% | 15.0% | 2017 | |
| Individual | 15.0% | 15.0% | 2017 | |
KBP Holding 2019 ApS | Company | 33.3% | 33.3% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
JUST HOLDING 2012 ApS
Upcycling Scandinavia ApS Board members of Upcycling Scandinavia ApS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Roderic Mark Fountain | Founder | 0 companies |
| Mary Sophie Louise Fountain | Founder | 0 companies |
| Minik Jørgen Helborg Rasmussen | Management | 0 companies |
| Katrine Bak Primdahl | Management | 0 companies |
| Erik Serritslev Jørgensen | Management | 0 companies |