SHIMANO NORDIC DENMARK ApS

CVR 35140298 · Private limited company (ApS) · Active · Low risk

SHIMANO NORDIC DENMARK ApS is a Private limited company (ApS), founded on , based in Brøndby. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 13 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.9m and a net result of DKK 1.8m. CEO: Andrew Thomas Cowan.

Bankruptcy risk for SHIMANO NORDIC DENMARK ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Reporting classReporting class B · bankruptcy rate 3.2%0.37×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
35140298
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Kirkebjerg Parkvej 9, st.
2605 Brøndby
Municipality
Brøndby
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 80k
Employees
7 (2018)
Auditor
KPMG P/S
Audit opted out
No

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityNo
Equity ratio17.1%
Current ratio119%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address29
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 9.1mDKK 10.8m
Net profitDKK 1.8mDKK 2.9m
EquityDKK 4.9mDKK 16.1m
Total assetsDKK 28.8mDKK 30.8m
CashDKK 10.0m–
Short-term debtDKK 23.8m–
Avg. employees9–

Latest annual report: Reporting class B · auditor's statement: Auditor's report on audited financial statements · KPMG.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202571
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017172
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015167
1 Jan 2014 – 31 Dec 2014162
11 Mar 2013 – 31 Dec 2013216 Late

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
CEOAndrew Thomas CowanCurrent
CEOAndrew Thomas Cowen
BoardFrank Claudius PeifferCurrent
BoardAndrew Thomas CowanCurrent
BoardFabio Massahiro TakayanagiCurrent
BoardAndrew Thomas Cowen
BoardJohannes Cornelis Maria van Rooij
Owner (100%)Shimano Nordic Cycle ABCurrent
AuditorKPMG P/SCurrent
AuditorEY Godkendt Revisionspartnerselskab
FounderNIELSEN NØRAGER ADVOKATPARTNERSELSKABCurrent

Address history (3 moves)

Kirkebjerg Parkvej 9, st., 2605 Brøndby
Forbindelsesvej 4, st., 2100 København Ø
Søndre Ringvej 49C, 2605 Brøndby
c/o Nielsen Nørager Advokatpartnerselskab, Frederiksberggade 16, 1459 København K

Employees per year

Number of employees at SHIMANO NORDIC DENMARK ApS per year592013: 720132014: 820142015: 920152016: 820162017: 820172018: 72018

Other companies at the same address

Similar companies in Brøndby

Questions and answers about SHIMANO NORDIC DENMARK ApS

Has SHIMANO NORDIC DENMARK ApS gone bankrupt?

No, SHIMANO NORDIC DENMARK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SHIMANO NORDIC DENMARK ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of SHIMANO NORDIC DENMARK ApS?

Andrew Thomas Cowan is the CEO of SHIMANO NORDIC DENMARK ApS.

Who is the auditor of SHIMANO NORDIC DENMARK ApS?

SHIMANO NORDIC DENMARK ApS most recently used KPMG P/S.

When was SHIMANO NORDIC DENMARK ApS founded?

SHIMANO NORDIC DENMARK ApS was founded on 11 March 2013.

What is the equity of SHIMANO NORDIC DENMARK ApS?

Equity was DKK 4.9m according to the annual report for the period ending 31 December 2025.

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