Selected Car Racing ApS
Private limited companyCVR 44679841MiddelfartActive
Selected Car Racing ApS is a private limited company, based in Middelfart, active in other sports activities n.e.c., founded in 2024. The company went from a profit in 2025 to a loss of DKK 1.5m in 2026. The company is new and has been registered for 2 years. Equity grew to DKK 1.4m in 2026.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit fell 185% (2025 → 2026), to −DKK 979k.
- Net profit went from a profit of DKK 376k to a loss of DKK 1.5m (2025 → 2026).
- Equity rose 229% (2025 → 2026), to DKK 1.4m.
Management and owners, last 24 months
- New in management: Jens Christian Tangbæk (ceo, 11/12/2025) and Henrik Lundgaard (ceo, 01/11/2024).
- Stepped down: Christian Kastberg Jensen (director, 01/11/2024), Ulrik Larsen (director, 01/11/2024) and Henrik Lundgaard (ceo, 11/12/2025).
- New owners registered: Selected Car Group A/S (01/11/2024).
- No longer registered as owner: ApS af 19. November 1998 (01/11/2024) and CJ Holding, Ans ApS (01/11/2024).
Registrations, last 24 months
- 15/12/2025: Name changed from Racegroup ApS to Selected Car Racing ApS
- 01/01/2025: Industry changed to Other sports activities n.e.c. (931900)
- 27/12/2024: Moved to Stensgårdvej 17, 5500 Middelfart
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 2025–2026 · amounts in DKK thousandEquity and net profit
| 2025 | 2026 | Change | |
|---|---|---|---|
| Revenue | not stated | not stated | – |
| Gross profit | 1,152 | −979 | −185% |
| Operating profit (EBIT) | 482 | −1,960 | −506.8% |
| Profit before tax | 482 | −1,967 | −507.8% |
| Net profit | 376 | −1,549 | −511.7% |
| Total assets | 4,235 | 15,193 | +258.7% |
| Equity | 416 | 1,367 | +228.6% |
| Liabilities | 3,819 | 13,563 | +255.1% |
| Cash and cash equivalents | 1,121 | 3,061 | +173.1% |
| Average number of employees | 1 | 2 | +100% |
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 2025, 2026: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2026 figuresLow equity ratio
Equity makes up 9% of total assets in 2026.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
2 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2026 | 01/05/2025 – 30/04/2026 | 02/07/2026 | The company | PDF not statedXBRL |
| 2025 | 05/03/2024 – 30/04/2025 | 02/07/2025 | The company | PDF not statedXBRL |
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
88 companies in the databaseComparison with the other companies in other sports activities n.e.c. based on the latest financial year.
Industry median: gross profit DKK 1.1m, net profit DKK 9,233, equity DKK 391k, 2 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. 68,739of 69,742 Better than 1% | No. 29,447of 69,964 Better than 58% |
| Same industry and fewer than 20 employees80 companies in the comparison | No. 77of 80 Better than 4% | No. 22of 80 Better than 73% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 16,288of 16,614 Better than 2% | No. 3,192of 16,661 Better than 81% |
| All companies of type ApS66,508 companies in the comparison | No. 65,603of 66,379 Better than 1% | No. 25,392of 66,505 Better than 62% |
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
Other sports activities n.e.c.- Selected Car Racing ApS−DKK 979k
- Blast ApSDKK 22.6m
- RH Anpartsselskabet af 10.12.2018DKK 20.8m
- Selected Car Racing ApS−DKK 1.5m
- Blast ApSDKK 411k
- RH Anpartsselskabet af 10.12.2018DKK 13.2m
- Selected Car Racing ApSDKK 1.4m
- Blast ApSDKK 7.5m
- RH Anpartsselskabet af 10.12.2018DKK 53.4m
- Selected Car Racing ApS2
- Blast ApS83
- RH Anpartsselskabet af 10.12.20183
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jens Christian Tangbæk | CEO | 11/12/2025 |
- Founders
- ApS af 19. November 1998, CJ Holding, Ans ApS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Christian Kastberg Jensen | Director | 05/03/2024 | 01/11/2024 |
| Ulrik Larsen | Director | 05/03/2024 | 01/11/2024 |
| Henrik Lundgaard | CEO | 01/11/2024 | 11/12/2025 |
Signing rule: Selskabet tegnes af den samlede direktion.
Address and production units
2 active production unitsStensgårdvej 17
5500 Middelfart
Middelfart Municipality · Postcode 5500
Other companies at the address (3)
- Selected Car Leasing A/SRenting and leasing of cars and light motor vehicles
- Selected Car Group A/SActivities of non-financial head offices
- Selected Car Investment ApSRetail sale of motor vehicles
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Selected Car Racing ApS | Stensgårdvej 17, 5500 Middelfart | 2 | 1030157075 |
| Selected Car Racing ApS | Bodalen 1, 8643 Ans By | 1 | 1031261909 |
Purpose
Selskabets formål er at drive virksomhed inden for motorsport samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
18 registered events20261 changeaccounts 1
- AccountsAnnual report for 2026 published
20255 changesname 1 · management 2 · accounts 1 · industry 1
- NameName changed from Racegroup ApS to Selected Car Racing ApS
- ManagementJens Christian Tangbæk appointed ceo
- ManagementHenrik Lundgaard stepped down as ceo
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Other sports activities n.e.c. (931900)
202412 changesaddress 1 · management 5 · ownership 5 · founded 1
- AddressMoved to Stensgårdvej 17, 5500 Middelfart
- ManagementHenrik Lundgaard appointed ceo
- ManagementChristian Kastberg Jensen stepped down as director
- ManagementUlrik Larsen stepped down as director
- OwnershipSelected Car Group A/S registered as owner (100%)
- OwnershipApS AF 19. NOVEMBER 1998 is no longer registered as owner
- OwnershipCJ HOLDING, ANS ApS is no longer registered as owner
- FoundedRegistered as Racegroup ApS
- ManagementChristian Kastberg Jensen appointed director
- ManagementUlrik Larsen appointed director
- OwnershipApS AF 19. NOVEMBER 1998 registered as owner (50%)
- OwnershipCJ HOLDING, ANS ApS registered as owner (50%)
Related companies
Same people in management
- Selected Car Leasing A/Svia Christian Kastberg Jensen
- Selected Car Group A/Svia Jens Christian Tangbæk
- Baum Guitars ApSvia Christian Kastberg Jensen
- Selected Car Investment ApSvia Jens Christian Tangbæk
- A-leasing A/Svia Christian Kastberg Jensen
- DC Workshop ApSvia Jens Christian Tangbæk
Largest in the industry
- Blast ApSDKK 22.6m
- RH Anpartsselskabet af 10.12.2018DKK 20.8m
- NH Anpartsselskabet af 1.12.2018DKK 20.2m
- Tth Holstebro A/SDKK 15.1m
- RACEHALL København A/SDKK 13.8m
- Ironman Denmark ApSDKK 9.2m
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.