Mugges Cykler ApS

CVR 36734078 · Private limited company (ApS) · Active · Low risk

Mugges Cykler ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 10 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 356k and a net result of DKK -268k. CEO: Mogens Sørensen.

Bankruptcy risk for Mugges Cykler ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · 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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
36734078
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Jyllandsgade 12
9000 Aalborg
Municipality
Aalborg
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
1 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio55.0%
Current ratio222%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 446kDKK 830kDKK 676k
Net profitDKK -268kDKK 170kDKK 91k
EquityDKK 356kDKK 625kDKK 455k
Total assetsDKK 648kDKK 893kDKK 888k
CashDKK 28kDKK 167k–
Short-term debtDKK 292kDKK 268k–
Tax owedDKK 0DKK 65k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025113
1 Oct 2023 – 30 Sep 202479
1 Oct 2022 – 30 Sep 2023130
1 Oct 2021 – 30 Sep 2022110
1 Oct 2020 – 30 Sep 2021113
1 Oct 2019 – 30 Sep 2020131
1 Oct 2018 – 30 Sep 201999
1 Oct 2017 – 30 Sep 2018135
1 Oct 2016 – 30 Sep 2017129
4 May 2015 – 30 Sep 2016145

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
CEOMogens SørensenCurrent
CEOHelle Lisbeth Nielsen
Owner (100%)Mogens SørensenCurrent
Owner (50%)Cado Holding ApS
Owner (50%)Mugge Holding ApS
FounderCado Holding ApSCurrent
FounderMugge Holding ApSCurrent

The CEOs' other companies

Mogens Sørensen – 1 other companies, of which 1 bankrupt

Helle Lisbeth Nielsen – 1 other companies

Address history (1 moves)

Jyllandsgade 12, 9000 Aalborg
Sønder Tranders Vej 16, st. tv, 9210 Aalborg SØ

Employees per year

Number of employees at Mugges Cykler ApS per year122015: 220152016: 120162017: 120172018: 12018

Similar companies in Aalborg

Questions and answers about Mugges Cykler ApS

Has Mugges Cykler ApS gone bankrupt?

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

What is the bankruptcy risk of Mugges Cykler ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Mugges Cykler ApS?

Mogens Sørensen is the CEO of Mugges Cykler ApS.

Who is the auditor of Mugges Cykler ApS?

Mugges Cykler ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Mugges Cykler ApS founded?

Mugges Cykler ApS was founded on 4 May 2015.

What is the equity of Mugges Cykler ApS?

Equity was DKK 356k according to the annual report for the period ending 30 September 2025.

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