CVR: 42420298
DKK 1,946,116
Gross profit
Net result: DKK -2,257,471
Twenty Holding ApS
CVR · view ownership and management
Owner registered: Twenty Holding ApS
CVR · 01/11/2021
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Twenty Racing ApS is a Danish company of the type Anpartsselskab based in København Ø, founded in 2021. The company is registered under the industry Sportsaktiviteter i.a.n.. The management consists of Kevin Jan Magnussen. The company is owned by Twenty Holding ApS. In 2025, the company reported a gross profit of DKK 1,946,116 and a net result of DKK -2,257,471 compared with DKK 3,167,679 the year before. Equity in the 2025 report amounted to DKK 2,644,371.
Source: annual report 2025, Danish Business Authority
The financial health of Twenty Racing ApS appears to be fluctuating, with a notable decline in profitability in 2025, where it reported a loss of 2,257,471 DKK despite a gross profit of 1,946,116 DKK. Prior to this, the company demonstrated strong performance with gross profits steadily above 11 million DKK from 2022 to 2024, peaking at 11,783,855 DKK in 2023 and achieving profits of 7,916,194 DKK in 2022. While equity remains relatively strong at 2,644,371 DKK in 2025, the recent downturn raises concerns about its sustainability and operational efficiency. The company operates within the sports activities sector, where it has shown potential but may need to address profitability challenges to maintain its position.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at drive sportslige og kommercielle aktiviteter primært i relation til motorsport.
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 | 1.9 mio. | -2.3 mio. | 4.1 mio. | 2.6 mio. | 2 | |
| 202401/01/2024 – 31/12/2024 | 10.9 mio. | 3.2 mio. | 10.9 mio. | 4.9 mio. | 2 | |
| 202301/01/2023 – 31/12/2023 | 11.8 mio. | 6.5 mio. | 9.3 mio. | 6.7 mio. | 3 | |
| 202201/01/2022 – 31/12/2022 | 11.6 mio. | 7.9 mio. | 11 mio. | 6.7 mio. | 2 |
Compared to 303 companies in Sportsaktiviteter i.a.n.
Comparison is based on industry median values
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See the API documentationTwenty Racing ApS was founded on 25 May 2021.
Twenty Racing ApS is registered under the industry Sportsaktiviteter i.a.n. (industry code 931900).
Twenty Racing ApS is owned by Twenty Holding ApS.
In 2025, Twenty Racing ApS reported a gross profit of DKK 1,946,116.
The management of Twenty Racing ApS consists of Kevin Jan Magnussen.
Twenty Racing ApS is located at c/o Grant Thornton, Godkendt Revisionspartne, Lautrupsgade 11, 2100 København Ø.
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Twenty Racing ApS has published its annual report for 2025. Gross profit came to DKK 1,946,116, and the net result was DKK -2,257,471.
Twenty Racing ApS has published its annual report for 2024. Gross profit came to DKK 10,891,721, and the net result was DKK 3,167,679.
Twenty Racing ApS has published its annual report for 2023. Gross profit came to DKK 11,783,855, and the net result was DKK 6,495,526.
As of April 3, 2024, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Twenty Racing ApS.
Twenty Racing ApS has published its annual report for 2022. Gross profit came to DKK 11,633,476, and the net result was DKK 7,916,194.
Twenty Racing ApS has published its interim report for the period May 25, 2021 – December 31, 2021.
As of November 1, 2021, Twenty Holding ApS is registered as an owner of Twenty Racing ApS with an ownership share of 100%.
As of May 25, 2021, Kevin Jan Magnussen is registered as director of Twenty Racing ApS.
Twenty Racing ApS was founded on May 25, 2021.
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