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Circular Energy Systems ApS
APS
Active
CVR 43916106
Bakkegårdsvej 5
Manufacture of other special-purpose machinery n.e.c. · NACE 2899
Est. 2023
3 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 2,4M
+1078% vs 2023
EBITDA margin
50.9%
+5416% vs 2023
Equity ratio
51.7%
Financial strength
Net profit 2024
DKK 941K
+5076% vs 2023
EBITDA — year on year
DKK millions
1M
1M
1M
0M
0M
0M
2023
1M
+100%
2024
Key figures
Annual report 2024
Revenue
DKK 2,4M
+1078%
EBITDA
DKK 1,2M
+5416%
Net profit
DKK 941K
+5076%
Total assets
DKK 2,1M
+1089%
Equity
DKK 1,1M
+4980%
Employees
3
—
Company information
Legal name
Circular Energy Systems ApS
CVR number
43916106
Legal form
Anpartsselskab
NACE code
2899 · Manufacture of other special-purpose machinery n.e.c.
Founded
2. marts 2023
Share capital
DKK 150.000
Employees
3 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af 1 direktør.
Company purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
Contact
Address
Bakkegårdsvej 5
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Companies in Manufacture of other special-purpose machinery n.e.c.
Companies in Brøndby
All Denmark companies
Revenue
DKK millions
0M
1M
1M
2M
2M
0M
2023
2M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2023
1M
2024
Income statement
DKK thousands
Item
2023
2024
Revenue
201
2.362
Staff expenses
-223
-1.159
EBITDA
-23
1.203
Depreciation & amort.
-0
-0
EBIT
-23
1.203
Net financials
-2
-17
Profit before tax
-24
1.186
Tax
-5
245
Net profit
-19
941
Balance sheet
DKK thousands
Item
2023
2024
Total assets
174
2.073
Equity
21
1.072
Long-term debt
0
516
Short-term debt
153
230
Total debt
153
746
Financial ratios
5-year trend
EBITDA margin
50.9%
This company
15.8%
Market median
+222% vs market
2023
2024
Equity ratio
51.7%
This company
38.2%
Market median
+35% vs market
2023
2024
Return on equity
87.8%
This company
18.4%
Market median
+377% vs market
2023
2024
Net profit margin
39.8%
This company
8.1%
Market median
+391% vs market
2023
2024
Asset turnover
1.14×
This company
1.12×
Market median
+2% vs market
2023
2024
Debt / equity
0.93×
This company
0.62×
Market median
+50% vs market
2023
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 2023-03-02 – 2023-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (3)
CB
Christoffer Bay
Management
Management
2025
MR
Morten Ryge Bøgild
Chief Executive Officer
Chief Executive Officer
2023
JB
Jari Bendsen
Management
Management
2023
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Jaben Holding APS
Company
33.33–49.99%
33.33–49.99%
2024
Morbo Holding ApS
Company
33.33–49.99%
33.33–49.99%
2024
Bay ApS
Company
33.33–49.99%
33.33–49.99%
2024
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
Bay ApS
Circular Energy Systems ApS
(this company)
Board network connections
Board members of Circular Energy Systems ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Christoffer Bay
Management
0 companies
Morten Ryge Bøgild
Chief Executive Officer
0 companies
Jari Bendsen
Management
0 companies