Copenhagen Cycles ApS

CVR 37523453 · Private limited company (ApS) · Active · Low risk

Copenhagen Cycles ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 10 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 642k and a net result of DKK 21k. CEO: Ole Kassow.

Bankruptcy risk for Copenhagen Cycles ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
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×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
37523453
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Rentemestervej 80
2400 København NV
Municipality
København
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
4 (2018)
Auditor
Martinsen, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 10
Missing annual reportNo
Negative equityNo
Equity ratio54.4%
Current ratio205%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address30
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 256kDKK 455k
Net profitDKK 21kDKK 154k
EquityDKK 642kDKK 621k
Total assetsDKK 1.2mDKK 2.4m
CashDKK 175k–
Short-term debtDKK 538k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025161
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022124
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020159
1 Jan 2019 – 31 Dec 2019176
1 Jan 2018 – 31 Dec 2018133
1 Jan 2017 – 31 Dec 2017144
2 Mar 2016 – 31 Dec 2016170

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
CEOOle KassowCurrent
CEODorthe Pedersen
Owner (50%)Pernille Vedersø BussoneCurrent
Owner (50%)BOUNCING BACK ApSCurrent
Owner (33%)BOUNCING BACK ApS
Owner (50%)CoMakeMore ApS
Owner (10%)Pernille Vedersø Bussone
Owner (10%)THE SHARED VALUE COMPANY ApS
Owner (33%)Bullitt Boy LLC
Owner (33%)Bullitt Boy LLC
FounderBOUNCING BACK ApSCurrent
FounderCoMakeMore ApSCurrent

The CEOs' other companies

Ole Kassow – 4 other companies

Dorthe Pedersen – 1 other companies

Address history (5 moves)

Rentemestervej 80, 2400 København NV
Vasbygade 10, 2450 København SV
Otto Busses Vej 5, 1., 2450 København SV
Sundkaj 125, 2. tv, 2150 Nordhavn
Sundkaj 7, 2. tv, 2150 Nordhavn
Trangravsvej 8, 1436 København K

Former names

Copenhagen Cycles ApS – now
Cycling Without Age ApS –

Employees per year

Number of employees at Copenhagen Cycles ApS per year242017: 120172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about Copenhagen Cycles ApS

Has Copenhagen Cycles ApS gone bankrupt?

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

What is the bankruptcy risk of Copenhagen Cycles ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Copenhagen Cycles ApS?

Ole Kassow is the CEO of Copenhagen Cycles ApS.

Who is the auditor of Copenhagen Cycles ApS?

Copenhagen Cycles ApS most recently used Martinsen, Statsautoriseret Revisionspartnerselskab.

When was Copenhagen Cycles ApS founded?

Copenhagen Cycles ApS was founded on 2 March 2016.

What is the equity of Copenhagen Cycles ApS?

Equity was DKK 642k 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.