THE WAY TO BIKE ApS

CVR 36404418 · Private limited company (ApS) · Active · Low risk

THE WAY TO BIKE ApS is a Private limited company (ApS), founded on , based in København K. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 693k and a net result of DKK 115k. CEO: Lasse Weien Svendsen, Heino Peter Jannerup.

Bankruptcy risk for THE WAY TO BIKE ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×

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
36404418
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Schacksgade 12
1365 København K
Municipality
København
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio80.1%
Current ratio533%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 101kDKK 105k
Net profitDKK 115kDKK 103k
EquityDKK 693kDKK 578k
Total assetsDKK 865kDKK 671k
CashDKK 255k–
Short-term debtDKK 162k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025106
1 Jan 2024 – 31 Dec 2024144
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 202288
1 Jan 2021 – 31 Dec 202190
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019143
1 Jan 2018 – 31 Dec 2018155
1 Jan 2017 – 31 Dec 2017147
1 Jan 2016 – 31 Dec 2016161
10 Oct 2014 – 31 Dec 2015165

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
CEOLasse Weien SvendsenCurrent
CEOHeino Peter JannerupCurrent
Owner (50%)Lasse Weien SvendsenCurrent
Owner (50%)Heino Peter JannerupCurrent
FounderLasse Weien SvendsenCurrent
FounderHeino Peter JannerupCurrent

The CEOs' other companies

Heino Peter Jannerup – 1 other companies

Address history (2 moves)

Schacksgade 12, 1365 København K
Boserupvej 200, 4000 Roskilde
Brobyvej 3, 4180 Sorø

Former names

THE WAY TO BIKE ApS – now
THE WAY TO BIKE IVS –

Other companies at the same address

Similar companies in København

Questions and answers about THE WAY TO BIKE ApS

Has THE WAY TO BIKE ApS gone bankrupt?

No, THE WAY TO BIKE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of THE WAY TO BIKE ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of THE WAY TO BIKE ApS?

Lasse Weien Svendsen, Heino Peter Jannerup are the CEOs of THE WAY TO BIKE ApS.

When was THE WAY TO BIKE ApS founded?

THE WAY TO BIKE ApS was founded on 10 October 2014.

What is the equity of THE WAY TO BIKE ApS?

Equity was DKK 693k 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.