Bio Recycling ApS
Private limited companyCVR 41933399MiddelfartActive
Bio Recycling ApS is a private limited company, based in Middelfart, active in wholesale of solid, liquid and gaseous fuels and related products, founded in 2020. Net profit rose 80% from 2024 to 2025, ending at DKK 78.7m. Measured by gross profit, it ranks no. 5 of 101 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 142% (2024 → 2025), to DKK 133.3m.
- Net profit rose 80% (2024 → 2025), to DKK 78.7m.
- Equity rose 35% (2024 → 2025), to DKK 303.3m.
Employees
- 1 more employees than a year earlier: 9 (12/2023) against 8 (12/2022).
Registrations, last 24 months
- 10/12/2025: Industry changed to Wholesale of solid, liquid and gaseous fuels and related products (468100)
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | 581,993 | – |
| Gross profit | 0 | 52,757 | 51,207 | 55,113 | 133,303 | +141.9% |
| Operating profit (EBIT) | 0 | 42,918 | 43,950 | 54,126 | 102,380 | +89.2% |
| Profit before tax | 0 | 42,922 | 46,583 | 56,327 | 106,818 | +89.6% |
| Net profit | 0 | 33,479 | 36,278 | 43,799 | 78,703 | +79.7% |
| Total assets | 0 | 71,277 | 93,900 | 283,790 | 388,551 | +36.9% |
| Equity | 0 | 24,513 | 60,791 | 224,590 | 303,294 | +35% |
| Liabilities | 0 | 46,764 | 33,109 | 59,200 | 85,257 | +44% |
| Cash and cash equivalents | 0 | 21 | 18,078 | 145 | 586 | +303.9% |
| Average number of employees | 0 | 6 | 8 | 0 | 1 | – |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2022, 2023, 2024: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2021 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 04/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 05/07/2024 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 31/12/2022 | 05/07/2023 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 10/12/2020 | 21/10/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
102 companies in the databaseComparison with the other companies in wholesale of solid, liquid and gaseous fuels and related products based on the latest financial year.
Industry median: gross profit DKK 5.1m, net profit DKK 599k, equity DKK 3.5m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 252of 69,742 Better than 100% | No. 701of 69,964 Better than 99% |
| Same industry and fewer than 20 employees83 companies in the comparison | No. 1of 83 Better than 100% | No. 1of 83 Better than 100% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 239of 33,588 Better than 99% | No. 284of 33,687 Better than 99% |
| All companies of type ApS66,508 companies in the comparison | No. 210of 66,379 Better than 100% | No. 378of 66,505 Better than 99% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Wholesale of solid, liquid and gaseous fuels and related products- Bio Recycling ApSDKK 133.3m
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- Bio Recycling ApSDKK 78.7m
- Ok A.m.b.a.DKK 870.9m
- Uno-X Mobility Danmark A/SDKK 141.8m
- Bio Recycling ApSDKK 303.3m
- Ok A.m.b.a.DKK 7bn
- Uno-X Mobility Danmark A/SDKK 1bn
- Bio Recycling ApS9
- Ok A.m.b.a.1,172
- Uno-X Mobility Danmark A/S117
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- BioCirc Trading ApS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Anders Engelsen Dahl | Director | 14/08/2023 |
| Massimo Forti | Director | 01/09/2023 |
- Founders
- Rygaard Fisketransport A/S
Former management (12)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Gert Rygaard | Board member | 11/12/2020 | 28/02/2021 |
| Gert Rygaard | Director | 11/12/2020 | 01/03/2021 |
| Helle Rygaard-Andersen | Board member | 11/12/2020 | 01/03/2021 |
| Johannes Palsson | Chair of the board | 11/12/2020 | 28/02/2021 |
| Gert Rygaard | Chair of the board | 01/03/2021 | 19/05/2022 |
| Johannes Palsson | Board member | 01/03/2021 | 19/05/2022 |
| Kenneth Christian Hansen | Director | 01/03/2021 | 21/08/2023 |
| Jeppe Møller Jørgensen | Board member | 01/03/2021 | 20/04/2023 |
| Kenneth Sørensen | Chair of the board | 19/05/2022 | 20/04/2023 |
| Jeppe Christian Klug Madsen | Board member | 19/05/2022 | 20/04/2023 |
| Kenneth Sørensen | Director | 20/04/2023 | 14/08/2023 |
| Kenneth Sørensen | Director | 21/08/2023 | 01/09/2023 |
Signing rule: Selskabet tegnes af direktionen i forening.
Address and production units
3 active production unitsNyvang 16
5500 Middelfart
Middelfart Municipality · Postcode 5500
Other companies at the address (4)
- Altrad Services A/SRepair and maintenance of ships and boats
- Altrad Denmark A/SRenting and leasing of construction and civil engineering machinery
- Vang & Karlskov ApSPlanning and design of advertising campaigns
- Altrad Hire and Sales Denmark A/SRenting and leasing of construction and civil engineering machinery
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Bio Recycling ApS | Fabriksvej 13, 6960 Hvide Sande | – | 1026954637 |
| Bio Recycling ApS | Niels Juelsvej 18, 9850 Hirtshals | – | 1026954629 |
| Bio Recycling ApS | Nyvang 16, 2, 5500 Middelfart | – | 1027850045 |
Purpose
Selskabets formål er at eje ejendomme og tankanlæg til erhvervsmæssig udlejning samt dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
47 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesindustry 1 · accounts 1
- IndustryIndustry changed to Wholesale of solid, liquid and gaseous fuels and related products (468100)
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
202313 changesmanagement 10 · accounts 1 · address 1 · name 1
- ManagementMassimo Forti appointed director
- ManagementKenneth Sørensen stepped down as director
- ManagementKenneth Sørensen appointed director
- ManagementKenneth Christian Hansen stepped down as director
- ManagementAnders Engelsen Dahl appointed director
- ManagementKenneth Sørensen stepped down as director
- AccountsAnnual report for 2022 published
- AddressMoved to Nyvang 16, 2, 5500 Middelfart
- NameName changed from Bio Recycling A/S to Bio Recycling ApS
- ManagementKenneth Sørensen appointed director
- ManagementKenneth Sørensen stepped down as chair of the board
- ManagementJeppe Christian Klug Madsen stepped down as board member
- ManagementJeppe Møller Jørgensen stepped down as board member
202210 changesaddress 1 · management 4 · ownership 5
- AddressMoved to Strevelinsvej 28, 1, Erritsø, 7000 Fredericia
- ManagementKenneth Sørensen appointed chair of the board
- ManagementJeppe Christian Klug Madsen appointed board member
- ManagementGert Rygaard stepped down as chair of the board
- ManagementJohannes Palsson stepped down as board member
- OwnershipBioCirc Trading ApS registered as owner (100%)
- OwnershipKent Frydkjær Holding ApS is no longer registered as owner
- OwnershipKH5 Holding ApS is no longer registered as owner
- OwnershipMMEJ Holding ApS is no longer registered as owner
- OwnershipRygaard Fisketransport A/S is no longer registered as owner
202114 changesaccounts 1 · name 1 · capital 1 · management 8 · ownership 3
- AccountsAnnual report for 2020 published
- NameName changed from Hvide Sande Tanklager A/S to Bio Recycling A/S
- CapitalShare capital changed from 600,000 DKK to 1,000,000 DKK
- ManagementJeppe Møller Jørgensen appointed board member
- ManagementGert Rygaard appointed chair of the board
- ManagementJohannes Palsson appointed board member
- ManagementKenneth Christian Hansen appointed director
- ManagementHelle Rygaard-Andersen stepped down as board member
- ManagementGert Rygaard stepped down as director
- OwnershipKent Frydkjær Holding ApS registered as owner (10%)
- OwnershipKH5 Holding ApS registered as owner (15%)
- OwnershipMMEJ Holding ApS registered as owner (10%)
- ManagementGert Rygaard stepped down as board member
- ManagementJohannes Palsson stepped down as chair of the board
20206 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as Hvide Sande Tanklager A/S
- ManagementGert Rygaard appointed board member
- ManagementJohannes Palsson appointed chair of the board
- ManagementHelle Rygaard-Andersen appointed board member
- ManagementGert Rygaard appointed director
- OwnershipRygaard Fisketransport A/S registered as owner (50%)
Related companies
Same industry in Middelfart
- A/S Global Risk Management Ltd.70 employees
- Fueling Maritime (Europe) A/S34 employees
Same people in management
- BioCirc Group ApSvia Kenneth Christian Hansen
- Scandic Pelagic A/Svia Johannes Palsson
- FF Skagen A/Svia Johannes Palsson
- Rygaard Transport & Logistic A/Svia Gert Rygaard
- Ragn-sells Danmark A/Svia Massimo Forti
- House of Foods A/Svia Johannes Palsson
Largest in the industry
- Ok A.m.b.a.DKK 2.5bn
- Uno-X Mobility Danmark A/SDKK 427.8m
- Kosan Gas A/SDKK 212.4m
- Bigadan Sourcing & Commodities ApSDKK 185.7m
- Go'on Gruppen A/SDKK 130m
- Malik Supply A/SDKK 106.8m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.