FRI CYKLER RINGKØBING ApS

CVR 26481236 · Private limited company (ApS) · Active · Low risk

FRI CYKLER RINGKØBING ApS is a Private limited company (ApS), founded on , based in Ringkøbing. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 6.1m and a net result of DKK 458k. CEO: Dennis Nielsen.

Bankruptcy risk for FRI CYKLER RINGKØBING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
26481236
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Nørredige 10
6950 Ringkøbing
Municipality
Ringkøbing-Skjern
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Partner Revision, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio84.5%
Current ratio656%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.8mDKK 1.7m
Net profitDKK 458kDKK 570k
EquityDKK 6.1mDKK 5.9m
Total assetsDKK 7.2mDKK 6.6m
CashDKK 1.9m–
Short-term debtDKK 1.1m–
Tax owedDKK 46k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 2026118
1 Jul 2024 – 30 Jun 2025142
1 Jul 2023 – 30 Jun 2024137
1 Jul 2022 – 30 Jun 2023144
1 Jul 2021 – 30 Jun 2022105
1 Jul 2020 – 30 Jun 202198
1 Jul 2019 – 30 Jun 2020139
1 Jul 2018 – 30 Jun 2019103
1 Jul 2017 – 30 Jun 2018117
1 Jul 2016 – 30 Jun 2017115
1 Jul 2015 – 30 Jun 2016104
1 Jul 2014 – 30 Jun 2015128
1 Jul 2013 – 30 Jun 2014122
1 Jul 2012 – 30 Jun 2013124
1 Jul 2011 – 30 Jun 2012143
1 Jul 2010 – 30 Jun 2011144
1 Jul 2009 – 30 Jun 2010137
1 Jul 2008 – 30 Jun 2009128
1 Jul 2007 – 30 Jun 2008135
1 Jul 2006 – 30 Jun 200799

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEODennis NielsenCurrent
CEOJens Graven Nielsen
Owner (100%)Ellen Laugaard NielsenCurrent
Owner (100%)Dennis Nielsen
AuditorPRV A/S
AuditorMR ADMINISTRATION 2010 A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskab
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderNina Ross Graven NielsenCurrent

The CEOs' other companies

Jens Graven Nielsen – 57 other companies, of which 14 bankrupt

Address history (3 moves)

Nørredige 10, 6950 Ringkøbing
Nørredige 10, 6950 Ringkøbing
Nørredige 10, 6950 Ringkøbing
Jernbanegade 37, 6870 Ølgod

Former names

FRI CYKLER RINGKØBING ApS – now
BØRGESEN CYKLER ApS –
JGN NR. 174 ApS –

Employees per year

Number of employees at FRI CYKLER RINGKØBING ApS per year232011: 320112012: 320122013: 220132014: 220142015: 220152016: 320162017: 320172018: 32018

Similar companies in Ringkøbing-Skjern

Questions and answers about FRI CYKLER RINGKØBING ApS

Has FRI CYKLER RINGKØBING ApS gone bankrupt?

No, FRI CYKLER RINGKØBING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FRI CYKLER RINGKØBING ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of FRI CYKLER RINGKØBING ApS?

Dennis Nielsen is the CEO of FRI CYKLER RINGKØBING ApS.

Who is the auditor of FRI CYKLER RINGKØBING ApS?

FRI CYKLER RINGKØBING ApS most recently used Partner Revision, statsautoriseret revisionsaktieselskab.

When was FRI CYKLER RINGKØBING ApS founded?

FRI CYKLER RINGKØBING ApS was founded on 25 February 2002.

What is the equity of FRI CYKLER RINGKØBING ApS?

Equity was DKK 6.1m according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.