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Modern American Recycling Services, Europe A/S
A/S
Active
CVR 39610922
Sandholm 55H, 9900
Frederikshavn
Materials recovery
· NACE 3821
Est. 2018
161 employees
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Modern American Recycling Services, Europe A/S
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
DKK millions
0M
43M
85M
128M
170M
17M
2021
109M
2022
148M
2023
59M
2024
96M
2025
EBITDA
DKK millions
0M
22M
44M
66M
87M
8M
2021
55M
2022
76M
2023
-16M
2024
5M
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Revenue
17.367
109.077
147.850
59.443
96.078
Staff expenses
-9.433
-54.081
-71.411
-73.924
-91.032
EBITDA
7.934
54.957
76.305
-15.533
4.926
Depreciation & amort.
-1.108
-6.091
-10.684
-17.507
-19.339
EBIT
6.826
48.866
65.621
-33.040
-14.412
Net financials
-454
-1.492
-3.060
-3.902
-2.372
Profit before tax
6.372
47.375
62.561
-36.943
-16.784
Tax
1.375
10.406
14.064
-8.074
-3.645
Net profit
4.996
36.968
48.497
-28.869
-13.139
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
69.635
125.817
264.299
335.201
330.012
Equity
-2.324
29.964
79.842
50.973
37.835
Long-term debt
0
39.223
95.250
99.023
94.380
Short-term debt
71.959
53.975
77.135
179.537
197.054
Total debt
71.959
93.198
172.385
278.560
291.434
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2021
2025
Equity ratio
11.5%
This company
38.2%
Market median
-70% vs market
2021
2025
Return on equity
-34.7%
This company
18.4%
Market median
-289% vs market
2021
2025
Net profit margin
-13.7%
This company
8.1%
Market median
-269% vs market
2021
2025
Asset turnover
0.29×
This company
1.12×
Market median
-74% vs market
2021
2025
Debt / equity
7.72×
This company
0.62×
Market median
-1145% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View
PDF
More on Modern American Recycling Services, Europe A/S
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Headline figures, risk assessment and company summary
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Management, board and shareholder breakdown
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Corporate hierarchy, parent and subsidiary network
