REC WATCHES ApS: Financial statements 2020
CVR: 35404724
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
REC WATCHES ApS (CVR 35404724) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 2,747,426 and a net result of DKK 38,525 compared with DKK -2,089,393 the year before. That is an increase of 153.8% compared with the year before. Equity in the 2020 report amounted to DKK 2,319,555. The solvency ratio was 46.7%. The company had 4 employees in the financial year.
- Gross Profit
- DKK 2,747,426
- Profit/Loss
- DKK 38,525
- Equity
- DKK 2,319,555
- Total Assets
- DKK 4,961,806
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 2.7 mio. | 39 t. | 2.3 mio. | 4 |
| 2019 | - | 1.1 mio. | -2.1 mio. | 2.3 mio. | 5 |
| 2018 | - | 2.5 mio. | -1.6 mio. | 4.4 mio. | 7 |
| 2017 | - | 2.1 mio. | 56 t. | 1.6 mio. | 4 |
| 2016 | - | 597 t. | -587 t. | 1.5 mio. | 4 |
Official annual report
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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.
About REC WATCHES ApS
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 Christian Felix Friis Mygh and Jonathan Kamstrup Tonnesen. The board consists of Michael Krogh (chair), Christian Felix Friis Mygh, David Bøgevang Køster Christensen and Jesper Buch. 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 (2026). 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.