CYCLING CULTURE A/S

CVR 32348238 · Public limited company (A/S) · Active · High risk

CYCLING CULTURE A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 5.3% over the next 12 months, which is 3.8 times the average for Danish companies. 13 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -208k and a net result of DKK -21k. CEO: Torben Bjørn Christensen.

Bankruptcy risk for CYCLING CULTURE A/S

5.3%
probability of bankruptcy within 12 months
High risk

3.8 × the average (1.41%) · higher risk than 92% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
32348238
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Lyngbyvej 165
2100 København Ø
Municipality
København
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 1.5m
Employees
0 (2015)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-705.2%
Current ratio12%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -11kDKK -9,297DKK -13k
Net profitDKK -21kDKK -20kDKK -21k
EquityDKK -208kDKK -187kDKK -167k
Total assetsDKK 30kDKK 21kDKK 16k
CashDKK 24kDKK 11k–
Short-term debtDKK 238kDKK 208k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202667
1 Jul 2024 – 30 Jun 202593
1 Jul 2023 – 30 Jun 202488
1 Jul 2022 – 30 Jun 2023143
1 Jul 2021 – 30 Jun 2022181
1 Jul 2020 – 30 Jun 2021155
1 Jul 2019 – 30 Jun 2020162
1 Jul 2018 – 30 Jun 2019163
1 Jul 2017 – 30 Jun 2018158
1 Jul 2016 – 30 Jun 2017153
1 Jul 2015 – 30 Jun 2016166
1 Jan 2014 – 31 Dec 2014183
22 Oct 2012 – 31 Dec 2013169

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
CEOTorben Bjørn ChristensenCurrent
BoardBent StøttrupCurrent
BoardMichael SpangsbergCurrent
BoardTorben Bjørn ChristensenCurrent
BoardJimmy Trolle
BoardJanne Buur Heisel
BoardJan Nygaard
Owner (100%)HEINO CYKLER ApSCurrent
AuditorREVISIONSFIRMAET ALBRECHTSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorTIMEVISION BRØNDBY GODKENDT REVISIONSAKTIESELSKAB
AuditorEMIT P/S
FounderJens Oluf Smedegaard HansenCurrent
FounderJAN NYGAARD HOLDING ApSCurrent
FounderITALIANO ApSCurrent

The CEOs' other companies

Torben Bjørn Christensen – 40 other companies, of which 10 bankrupt

Address history (3 moves)

Lyngbyvej 165, 2100 København Ø
Østerbrogade 158, st., 2100 København Ø
Jernbanevej 1A, 2800 Kgs. Lyngby
Firskovvej 33, 2800 Kgs. Lyngby

Employees per year

Number of employees at CYCLING CULTURE A/S per year362013: 620132014: 120142015: 02015

Other companies at the same address

Similar companies in København

Questions and answers about CYCLING CULTURE A/S

Has CYCLING CULTURE A/S gone bankrupt?

No, CYCLING CULTURE A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of CYCLING CULTURE A/S?

Our model estimates a bankruptcy risk of 5.3% over the next 12 months (high risk), which is 3.8 times the average for Danish companies.

Who is the CEO of CYCLING CULTURE A/S?

Torben Bjørn Christensen is the CEO of CYCLING CULTURE A/S.

Who is the auditor of CYCLING CULTURE A/S?

CYCLING CULTURE A/S most recently used Beierholm.

When was CYCLING CULTURE A/S founded?

CYCLING CULTURE A/S was founded on 22 October 2012.

What is the equity of CYCLING CULTURE A/S?

Equity was DKK -208k according to the annual report for the period ending 30 June 2026.

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