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Twenty Racing ApS
APS
Active
CVR 42420298
Lautrupsgade 11
Sports activities n.e.c. · NACE 9319
Est. 2021
2 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 10,9M
-8% vs 2023
EBITDA margin
36.6%
-52% vs 2023
Equity ratio
45.2%
Financial strength
Net profit 2024
DKK 3,2M
-51% vs 2023
EBITDA — year on year
DKK millions
0M
3M
6M
9M
13M
1M
2021
10M
+900%
2022
8M
-20%
2023
4M
-50%
2024
Key figures
Annual report 2024
Revenue
DKK 10,9M
-8%
EBITDA
DKK 4M
-52%
Net profit
DKK 3,2M
-51%
Total assets
DKK 10,9M
+17%
Equity
DKK 4,9M
-27%
Employees
2
—
Company information
Legal name
Twenty Racing ApS
CVR number
42420298
Legal form
Anpartsselskab
NACE code
9319 · Sports activities n.e.c.
Founded
25. maj 2021
Share capital
DKK 40.000
Employees
2 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren.
Company purpose
Selskabets formål er at drive sportslige og kommercielle aktiviteter primært i relation til motorsport.
Contact
Address
Lautrupsgade 11
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Sports activities n.e.c.
Companies in København
All Denmark companies
Revenue
DKK millions
0M
3M
7M
10M
14M
1M
2021
12M
2022
12M
2023
11M
2024
EBITDA
DKK millions
0M
3M
6M
9M
12M
1M
2021
10M
2022
8M
2023
4M
2024
Income statement
DKK thousands
Item
2021
2022
2023
2024
Revenue
1.321
11.633
11.784
10.892
Staff expenses
-502
-1.914
-3.461
-6.904
EBITDA
819
9.720
8.323
3.988
Depreciation & amort.
-0
-0
-0
-15
EBIT
819
9.720
8.323
3.973
Net financials
-2.037
177
15
113
Profit before tax
-1.218
9.896
8.338
4.086
Tax
-0
1.980
1.843
918
Net profit
-1.218
7.916
6.496
3.168
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
Total assets
1.528
11.041
9.300
10.856
Equity
-1.178
6.739
6.734
4.902
Long-term debt
0
0
0
0
Short-term debt
2.705
4.303
2.566
5.954
Total debt
2.705
4.303
2.566
5.954
Financial ratios
5-year trend
EBITDA margin
36.6%
This company
15.8%
Market median
+132% vs market
2021
2024
Equity ratio
45.2%
This company
38.2%
Market median
+18% vs market
2021
2024
Return on equity
64.6%
This company
18.4%
Market median
+251% vs market
2021
2024
Net profit margin
29.1%
This company
8.1%
Market median
+259% vs market
2021
2024
Asset turnover
1.00×
This company
1.12×
Market median
+11% vs market
2021
2024
Debt / equity
1.21×
This company
0.62×
Market median
-95% vs market
2021
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-05-25 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
KJ
Kevin Jan Magnussen
Management
Management
2021
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Twenty Holding ApS
Company
100.0%
100.0%
2021
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Twenty Holding ApS
Twenty Racing ApS
(this company)
Falco Racing ApS
Board network connections
Board members of Twenty Racing ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Kevin Jan Magnussen
Management
0 companies