MICHAEL OUTZEN RACING ApS: Financial statements 2020
CVR: 31062144
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
MICHAEL OUTZEN RACING ApS (CVR 31062144) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK -30,099 and a net result of DKK -150,798 compared with DKK 123,232 the year before. Equity in the 2020 report amounted to DKK 990,158. The solvency ratio was 43.5%. The company had 1 employee in the financial year.
- Gross Profit
- DKK -30,099
- Profit/Loss
- DKK -150,798
- Equity
- DKK 990,158
- Total Assets
- DKK 2,277,112
- Employees
- 1
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | -30 t. | -151 t. | 990 t. | 1 |
| 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. | - |
Official annual report
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MICHAEL OUTZEN RACING ApS has published its annual report for 2019. Gross profit came to DKK 323,768, and the net result was DKK 123,232.
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.