CVR: 35404724
Secondary names: FABRK WATCHES ApS
DKK 6,295,557
Gross profit
Net result: DKK 4,401,673
COMBI SERVICE ROSKILDE HOLDING ApS, Lind Family Holding A/S
3 more
CVR · view ownership and management
Owner registered: Lind Family Holding A/S
CVR · 16/02/2018
View the full event history
REC WATCHES ApS is a Danish company of the type Anpartsselskab based in Vordingborg, founded in 2013. The company is registered under the industry Engroshandel med ure og smykker. The management consists of Jonathan Kamstrup Tonnesen and Christian Felix Friis Mygh. The company's owners include COMBI SERVICE ROSKILDE HOLDING ApS, Lind Family Holding A/S and BANANAS HAVE APPEAL HOLDING ApS. The company has 7 employees (2018). In 2025, the company reported a gross profit of DKK 6,295,557 and a net result of DKK 4,401,673 compared with DKK -5,378,441 the year before. Equity in the 2025 report amounted to DKK -2,469,595.
Source: annual report 2025, Danish Business Authority
The financial health of REC WATCHES ApS shows significant volatility, with a notable improvement in gross profit in 2025 at 6,295,557 DKK, following a series of losses in previous years. Despite this positive trend, the company has struggled with profitability, reporting a profit of 4,401,673 DKK in 2025, yet still holding negative equity of -2,469,595 DKK. The gross profit has fluctuated dramatically, from a high of 3,919,502 DKK in 2021 to a low of -2,418,361 DKK in 2024, indicating instability in operations. Key concerns include the negative equity position and the inconsistency in profit margins, which may affect its competitive position in the watch and jewelry wholesale industry. Overall, while there are signs of recovery, the company faces challenges that could hinder its long-term sustainability.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at designe, fremstille og sælge ure samt hermed beslægtet virksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 6.3 mio. | 4.4 mio. | 13.4 mio. | -2.5 mio. | 5 | |
| 202401/01/2024 – 31/12/2024 | -2.4 mio. | -5.4 mio. | 10.4 mio. | -6.9 mio. | 4 | |
| 202301/01/2023 – 31/12/2023 | 2 mio. | -1.7 mio. | 6.1 mio. | -1.5 mio. | 4 | |
| 202201/01/2022 – 31/12/2022 | 1.3 mio. | -2.6 mio. | 9.3 mio. | 197 t. | 6 | |
| 202101/01/2021 – 31/12/2021 | 3.9 mio. | 517 t. | 9 mio. | 2.8 mio. | 6 | |
| 202001/01/2020 – 31/12/2020 | 2.7 mio. | 39 t. | 5 mio. | 2.3 mio. | 4 | |
| 201901/01/2019 – 31/12/2019 | 1.1 mio. | -2.1 mio. | 7.4 mio. | 2.3 mio. | 5 | |
| 201801/01/2018 – 31/12/2018 | 2.5 mio. | -1.6 mio. | 7.7 mio. | 4.4 mio. | 7 | |
| 201701/01/2017 – 31/12/2017 | 2.1 mio. | 56 t. | 4.7 mio. | 1.6 mio. | 4 | |
| 201601/01/2016 – 31/12/2016 | 597 t. | -587 t. | 2.9 mio. | 1.5 mio. | 4 | |
| 201501/01/2015 – 31/12/2015 | -270 t. | -316 t. | 1.3 mio. | 819 t. | - |
Compared to 150 companies in Engroshandel med ure og smykker
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
Combine filters on financials, industry, geography, property and risk, and instantly see which companies match.
Try company screeningREC WATCHES ApS was founded on 19 July 2013.
REC WATCHES ApS is registered under the industry Engroshandel med ure og smykker (industry code 464800).
REC WATCHES ApS had 7 employees in 2018 according to the Danish CVR register.
The owners of REC WATCHES ApS include COMBI SERVICE ROSKILDE HOLDING ApS, Lind Family Holding A/S and BANANAS HAVE APPEAL HOLDING ApS.
recwatches.com belongs to REC WATCHES ApS, CVR number 35404724.
In 2025, REC WATCHES ApS reported a gross profit of DKK 6,295,557.
Claim this page to add your logo and social links. Free to get started.
REC WATCHES ApS has published its annual report for 2025. Gross profit came to DKK 6,295,557, and the net result was DKK 4,401,673.
REC WATCHES ApS has published its annual report for 2024. Gross profit came to DKK -2,418,361, and the net result was DKK -5,378,441.
REC WATCHES ApS has published its annual report for 2023. Gross profit came to DKK 1,969,107, and the net result was DKK -1,689,913.
As of March 4, 2024, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of REC WATCHES ApS.
As of March 4, 2024, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of REC WATCHES ApS.
REC WATCHES ApS has published its annual report for 2022. Gross profit came to DKK 1,332,076, and the net result was DKK -2,638,989.
REC WATCHES ApS has published its annual report for 2021. Gross profit came to DKK 3,919,502, and the net result was DKK 516,519.
REC WATCHES ApS has published its annual report for 2020. Gross profit came to DKK 2,747,426, and the net result was DKK 38,525.
REC WATCHES ApS has published its annual report for 2019. Gross profit came to DKK 1,082,462, and the net result was DKK -2,089,393.
As of September 5, 2019, David Bøgevang Køster Christensen has joined the board of directors of REC WATCHES ApS.
REC WATCHES ApS has published its annual report for 2018. Gross profit came to DKK 2,521,604, and the net result was DKK -1,591,483.
As of February 20, 2019, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of REC WATCHES ApS.
REC WATCHES ApS has published its annual report for 2017. Gross profit came to DKK 2,052,207, and the net result was DKK 55,859.
As of February 16, 2018, Lind Family Holding A/S is registered as an owner of REC WATCHES ApS with an ownership share of 10%.
As of February 16, 2018, BANANAS HAVE APPEAL HOLDING ApS is registered as an owner of REC WATCHES ApS with an ownership share of 33%.
As of October 4, 2017, Jonathan Kamstrup Tonnesen has joined the board of directors of REC WATCHES ApS.
As of October 4, 2017, Christian Felix Friis Mygh has joined the board of directors of REC WATCHES ApS.
As of October 4, 2017, Jesper Buch has joined the board of directors of REC WATCHES ApS.
As of October 4, 2017, Michael Krogh has joined the board of directors of REC WATCHES ApS.
REC WATCHES ApS has published its annual report for 2016. Gross profit came to DKK 597,404, and the net result was DKK -586,907.
As of February 6, 2017, Jesper Buch Holding ApS is registered as an owner of REC WATCHES ApS with an ownership share of 10%.
REC WATCHES ApS has published its annual report for 2015. Gross profit came to DKK -270,395, and the net result was DKK -315,586.
As of October 27, 2015, Michael Krogh has stepped down as director of REC WATCHES ApS.
REC WATCHES ApS has published its interim report for the period July 19, 2013 – December 31, 2014.
As of September 29, 2015, COMBI SERVICE ROSKILDE HOLDING ApS is registered as an owner of REC WATCHES ApS with an ownership share of 10%.
As of January 24, 2014, Michael Krogh is registered as director of REC WATCHES ApS.
As of January 24, 2014, DAUGELYKKE ApS is registered as an owner of REC WATCHES ApS with an ownership share of 15%.
As of July 19, 2013, Jonathan Kamstrup Tonnesen is registered as director of REC WATCHES ApS.
As of July 19, 2013, Christian Felix Friis Mygh is registered as director of REC WATCHES ApS.
REC WATCHES ApS was founded on July 19, 2013.
