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Tarpaper Recycling ApS

Private limited companyCVR 29632472GlostrupActive

Tarpaper Recycling ApS is a private limited company, based in Glostrup, active in materials recovery, founded in 2006. The company made a loss in both 2024 and 2025, most recently DKK 1.9m.

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Key figures · financial year 2025

Gross profitDKK 1.4m+868.3% vs. 2024
Net profit−DKK 1.9m+41.3% vs. 2024
EquityDKK 965k+8.2% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 3.3m to DKK 1.9m (2024 → 2025).
  • Equity rose 8% (2024 → 2025), to DKK 965k.

Employees

  • 2 fewer employees than a year earlier: 4 (08/2026) against 6 (08/2025).

Management and owners, last 24 months

  • New in management: Connie Tinnesen Ludvig (director, 01/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Materials recovery (382100)

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 thousand

Equity and net profit

−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2m202020212022202320242025
EquityNet profit
Financial figures for Tarpaper Recycling ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−4901,9191,7862,047−1761,351+868.3%
Operating profit (EBIT)−2,723−616−1,149−2,157−3,765−1,319+65%
Profit before tax−6,227−1,600−1,283−2,326−3,295−1,935+41.3%
Net profit−6,196−1,600−1,283−1,866−3,295−1,935+41.3%
Total assets11,17610,62911,45010,65210,91912,638+15.8%
Equity2,509912629763892965+8.2%
Liabilities8,6679,71710,8219,89010,02711,673+16.4%
Cash and cash equivalents1704545661−98.9%
Average number of employees354554−20%

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, 2021, 2022, 2023, 2024, 2025: 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

−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (68 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Low equity ratio

    Equity makes up 8% of total assets in 2025.

    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

6 financial years
Annual reports for Tarpaper Recycling ApS
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202505/01/2026The companyPDF not statedXBRL
202401/07/2023 – 30/06/202429/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202327/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202203/01/2023The companyPDFXBRL
202101/07/2020 – 30/06/202115/12/2021The companyPDFXBRL
202001/07/2019 – 30/06/202014/01/2021The companyPDFXBRL

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 CVR
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

68 companies in the database

Comparison with the other companies in materials recovery based on the latest financial year.

Gross profitDKK 1.4mNo. 55 of 68
Better than 19% of the companies in the industry
EquityDKK 965kNo. 52 of 68
Better than 24% of the companies in the industry
Number of employees4No. 41 of 68
Better than 40% of the companies in the industry

Industry median: gross profit DKK 5.5m, net profit DKK 577k, equity DKK 6.4m, 7 employees.

DKK 100kDKK 727kDKK 5.3mDKK 38.5mDKK 144.4mHere
Distribution of gross profit for 63 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 39,002of 69,742
Better than 44%
No. 34,173of 69,964
Better than 51%
Same industry and fewer than 20 employees51 companies in the comparison
No. 38of 51
Better than 26%
No. 36of 51
Better than 30%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 17,599of 24,791
Better than 29%
No. 18,250of 24,909
Better than 27%
All companies of type ApS66,508 companies in the comparison
No. 37,618of 66,379
Better than 43%
No. 30,029of 66,505
Better than 55%

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

Materials recovery
Gross profit
  1. Tarpaper Recycling ApSDKK 1.4m
  2. Scanmetals A/SDKK 279.7m
  3. H.j. Hansen Recycling A/SDKK 260.8m
Net profit
  1. Tarpaper Recycling ApS−DKK 1.9m
  2. Scanmetals A/S−DKK 34.1m
  3. H.j. Hansen Recycling A/SDKK 34.9m
Equity
  1. Tarpaper Recycling ApSDKK 965k
  2. Scanmetals A/SDKK 189.8m
  3. H.j. Hansen Recycling A/SDKK 251.1m
Employees
  1. Tarpaper Recycling ApS4
  2. Scanmetals A/S111
  3. H.j. Hansen Recycling A/S217

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Tarpaper Recycling ApS

Management

2 active registrations

Executive management

Executive management at Tarpaper Recycling ApS
NameRoleAppointed
Karsten RasmussenDirector01/10/2010
Connie Tinnesen LudvigDirector01/06/2026
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
Selskabet af 19 juni 2001 ApS
Former management (6)
Former management at Tarpaper Recycling ApS
NameRoleAppointedResigned
Karsten RasmussenBoard member20/12/200821/02/2022
Martin Barrit RasmussenBoard member20/12/200821/02/2022
Connie Tinnesen LudvigBoard member20/12/200821/02/2022
Svend John SvendsenDirector02/09/200930/09/2010
Svend John SvendsenChair of the board01/10/201017/12/2013
Palle RasmussenChair of the board17/12/201321/02/2022

Signing rule: Virksomheden tegnes af én direktør.

Address and production units

2 active production units

Naverland 2
2600 Glostrup

Albertslund Municipality · Postcode 2600

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Tarpaper Recycling ApSMiljøvej 2, 7400 Herning21016857501
TARPAPER RECYCLING ApSNaverland 2, 16, 2600 Glostrup11012383890

Purpose

Selskabets formål er udvikling og produktion af maskiner til brug indenfor nedbrydnings- og nedknusningsvirksomhed og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

32 registered events
20262 changesmanagement 1 · accounts 1
  • Connie Tinnesen Ludvig appointed director
  • Annual report for 2025 published
20251 changeindustry 1
  • Industry changed to Materials recovery (382100)
20241 changeaccounts 1
  • Annual report for 2024 published
20232 changesaccounts 2
  • Annual report for 2023 published
  • Annual report for 2022 published
20224 changesmanagement 4
  • Palle Rasmussen stepped down as chair of the board
  • Karsten Rasmussen stepped down as board member
  • Connie Tinnesen Ludvig stepped down as board member
  • Martin Barrit Rasmussen stepped down as board member
20212 changesaccounts 2
  • Annual report for 2021 published
  • Annual report for 2020 published
20202 changesownership 2
  • NKR GRUPPEN ApS registered as owner (100%)
  • IN GREEN TECH GROUP ApS is no longer registered as owner
20191 changeaddress 1
  • Moved to Naverland 2, 16, 2600 Glostrup
20133 changesmanagement 2 · capital 1
  • Palle Rasmussen appointed chair of the board
  • Svend John Svendsen stepped down as chair of the board
  • Share capital changed from 147,000 DKK to 150,000 DKK
20111 changeownership 1
  • IN GREEN TECH GROUP ApS registered as owner (100%)
20103 changesmanagement 3
  • Svend John Svendsen appointed chair of the board
  • Karsten Rasmussen appointed director
  • Svend John Svendsen stepped down as director
20091 changemanagement 1
  • Svend John Svendsen appointed director
20087 changesname 1 · address 1 · management 3 · capital 1 · industry 1
  • Name changed from TAGPAP RECYCLING ApS to TARPAPER RECYCLING ApS
  • Moved to Naverland 2, 16, 2600 Glostrup
  • Karsten Rasmussen appointed board member
  • Connie Tinnesen Ludvig appointed board member
  • Martin Barrit Rasmussen appointed board member
  • Share capital changed from 125,000 DKK to 147,000 DKK
  • Industry changed to Landfilling or permanent storage (383200)
20062 changesindustry 1 · founded 1
  • Industry changed to Genbrug af ikke-metalholdige affaldsprodukter (372000)
  • Registered as TAGPAP RECYCLING ApS

Related companies

Same industry in Albertslund

See all →

Same people in management

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.

View in CVRReport a correction