Tropical Bikes ApS

CVR 36421061 · Private limited company (ApS) · Active · Very high risk

Tropical Bikes ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry udlejning og leasing af varer til fritid og sport. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 12 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 144k and a net result of DKK 2.8m. CEO: Glenn Kaiser Jensen.

Bankruptcy risk for Tropical Bikes ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×

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
36421061
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Vester Voldgade 2
1552 København V
Municipality
København
Industry
Udlejning og leasing af varer til fritid og sport (772100)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
7 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late8 of 12
Missing annual reportNo
Negative equityNo
Equity ratio19.7%
Current ratio72%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Revenue–DKK 5.8m
Gross profitDKK 7.6mDKK 3.2m
Net profitDKK 2.8mDKK -283k
EquityDKK 144kDKK -175k
Total assetsDKK 731kDKK 400k
Short-term debtDKK 587k–

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 2025201 Late
1 Jan 2024 – 31 Dec 2024215 Late
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021223 Late
1 Jan 2020 – 31 Dec 2020188 Late
1 Jan 2019 – 31 Dec 2019255 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017207 Late
1 Jan 2016 – 31 Dec 2016172
1 Jan 2015 – 31 Dec 2015193 Late
17 Oct 2014 – 31 Dec 2014203 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
CEOGlenn Kaiser JensenCurrent
CEOGlenn Kaiser Jensen
CEOJens Kaj Jensen
Owner (100%)ABC RADIOTELEFON. VENDSYSSEL ApSCurrent
Owner (50%)GLENN KAISER HOLDING ApS
Owner (50%)NILAUS HOLDING ApS
Owner (100%)GLENN KAISER HOLDING ApS
AuditorAIDER Godkendt Revisionsaktieselskab
FounderGLENN KAISER HOLDING ApSCurrent
FounderNILAUS HOLDING ApSCurrent

The CEOs' other companies

Glenn Kaiser Jensen – 1 other companies, of which 1 bankrupt

Jens Kaj Jensen – 2 other companies

Address history (3 moves)

Vester Voldgade 2, 1552 København V
Åboulevard 3, 1635 København V
c/o Sanne Rosenqvist, Ålekistevej 40, 3. th, 2720 Vanløse
Gasværksvej 5, 1656 København V

Former names

Tropical Bikes ApS – now
CPH BIKES ApS –

Employees per year

Number of employees at Tropical Bikes ApS per year6112014: 020142015: 420152016: 420162017: 1120172018: 72018

Other companies at the same address

Similar companies in København

Questions and answers about Tropical Bikes ApS

Has Tropical Bikes ApS gone bankrupt?

No, Tropical Bikes ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Tropical Bikes ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Tropical Bikes ApS?

Glenn Kaiser Jensen is the CEO of Tropical Bikes ApS.

When was Tropical Bikes ApS founded?

Tropical Bikes ApS was founded on 17 October 2014.

What is the equity of Tropical Bikes ApS?

Equity was DKK 144k 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.