MICHAEL OUTZEN RACING ApS: Financial statements 2019
CVR: 31062144
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
MICHAEL OUTZEN RACING ApS (CVR 31062144) has filed annual accounts for 2019. In 2019, the company reported a gross profit of DKK 323,768 and a net result of DKK 123,232 compared with DKK 322,693 the year before. That is a decrease of 30.5% compared with the year before. Equity in the 2019 report amounted to DKK 1,140,956. The solvency ratio was 58.1%.
- Gross Profit
- DKK 323,768
- Profit/Loss
- DKK 123,232
- Equity
- DKK 1,140,956
- Total Assets
- DKK 1,964,580
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | - | 324 t. | 123 t. | 1.1 mio. | - |
| 2018 | - | 466 t. | 323 t. | 1 mio. | - |
| 2017 | - | 467 t. | 346 t. | 695 t. | - |
| 2016 | - | 62 t. | 16 t. | 349 t. | - |
| 2015 | - | 243 t. | 150 t. | 333 t. | - |
Official annual report
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MICHAEL OUTZEN RACING ApS has published its annual report for 2018. Gross profit came to DKK 466,028, and the net result was DKK 322,693.
About MICHAEL OUTZEN RACING ApS
MICHAEL OUTZEN RACING ApS is a Danish company of the type Anpartsselskab based in Odense C, founded in 2007. The company is registered under the industry Andre reklameaktiviteter. The company was previously named TTM II ApS. The management consists of Michael Grabowski Outzen. The company is owned by Michael Grabowski Outzen. According to the 2025 annual report, the company had an average of 1 employee. In 2025, the company reported a gross profit of DKK 396,684 and a net result of DKK 52,662 compared with DKK 49,512 the year before. Equity in the 2025 report amounted to DKK 1,558,578.