CYKELGEAR A/S

CVR 35252002 · Public limited company (A/S) · Active · Low risk

CYKELGEAR A/S is a Public limited company (A/S), founded on , based in Terndrup. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 13 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 25.1m and a net result of DKK 4.5m. CEO: Søren Rousing Djernæs-Andersen.

Bankruptcy risk for CYKELGEAR A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
35252002
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
Industrivej 5
9575 Terndrup
Municipality
Rebild
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
42 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 13
Missing annual reportNo
Negative equityNo
Equity ratio29.8%
Current ratio124%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 42.2mDKK 32.6m
Net profitDKK 4.5mDKK 8.0m
EquityDKK 25.1mDKK 24.6m
Total assetsDKK 84.3mDKK 64.2m
CashDKK 8.8m–
Short-term debtDKK 58.0m–
Tax owedDKK 1.4m–
Avg. employees65–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 2024135
1 Jan 2023 – 31 Dec 2023103
1 Jan 2022 – 31 Dec 2022122
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 202061
1 Jan 2019 – 31 Dec 2019140
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017113
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 2015117
1 Jan 2014 – 31 Dec 2014125
1 Jan 2013 – 31 Dec 201385

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
CEOSøren Rousing Djernæs-AndersenCurrent
CEOKasper Buus Larsen
CEOKasper Buus Larsen
BoardTim TeunissenCurrent
BoardPiebe Hans Flip KosterCurrent
BoardRuben Jonathan DankaartCurrent
BoardKasper Buus Larsen
BoardErik Buus Larsen
BoardHenrik Buus Larsen
BoardPeter Vagner Krøjgaard
BoardKasper Buus Larsen
BoardNick Lissner Nørregaard
BoardHardy Bjærge
BoardKasper Buus Larsen
BoardKasper Buus Larsen
BoardMartin Løhde Jacobsen
BoardRuben Dankaart
Owner (100%)FC Cykelgear ApSCurrent
Owner (100%)Aexo ApS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
FounderKasper Buus LarsenCurrent
FounderErik Buus LarsenCurrent

The CEOs' other companies

Søren Rousing Djernæs-Andersen – 5 other companies

Kasper Buus Larsen – 8 other companies

Address history (1 moves)

Industrivej 5, 9575 Terndrup
Industriparken 5, 9560 Hadsund

Employees per year

Number of employees at CYKELGEAR A/S per year21422013: 1220132014: 1420142015: 1820152016: 2320162017: 2620172018: 422018

Other companies at the same address

Similar companies in Rebild

Questions and answers about CYKELGEAR A/S

Has CYKELGEAR A/S gone bankrupt?

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

What is the bankruptcy risk of CYKELGEAR A/S?

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

Who is the CEO of CYKELGEAR A/S?

Søren Rousing Djernæs-Andersen is the CEO of CYKELGEAR A/S.

Who is the auditor of CYKELGEAR A/S?

CYKELGEAR A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was CYKELGEAR A/S founded?

CYKELGEAR A/S was founded on 24 May 2013.

What is the equity of CYKELGEAR A/S?

Equity was DKK 25.1m 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.