MATE.BIKE INTERNATIONAL ApS

CVR 37934208 · Private limited company (ApS) · Active · Low risk

MATE.BIKE INTERNATIONAL ApS is a Private limited company (ApS), founded on , based in København K. 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. 9 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 16.1m and a net result of DKK 469k.

Bankruptcy risk for MATE.BIKE INTERNATIONAL ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
37934208
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Gråbrødretorv 11, 1.
1154 København K
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
6 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late6 of 9
Missing annual reportNo
Negative equityNo
Equity ratio60.3%
Current ratio233%
Moves (last 2 years)0
CEO changes in total12
CEO's previous bankruptcies0
Other companies at the address19
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 16.0mDKK 12.2mDKK -15.9m
Net profitDKK 469kDKK 878kDKK 133.5m
EquityDKK 16.1mDKK 16.5mDKK -9.5m
Total assetsDKK 26.7mDKK 20.7mDKK 16.8m
CashDKK 1.9mDKK 8.0m–
Short-term debtDKK 10.5mDKK 3.8m–
Avg. employees1311–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022226 Late
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020187 Late
1 Jul 2018 – 30 Jun 2019153
1 Jul 2017 – 30 Jun 2018191 Late
16 Aug 2016 – 30 Jun 2017165

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
CEOJulie Kronstrøm
CEOChristian Adel Michael
CEOChristian Adel Michael
CEOLars Plesner Hamann
CEOKaarthik Subramani Krishnamurthy
CEOThomas Lawrence Vulliez
CEOThomas Lawrence Vulliez
CEOJean Baptiste Bernard Auzeau
Owner (100%)MATE.mothership ApSCurrent
Owner (50%)Julie Kronstrøm
Owner (50%)Christian Adel Michael
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderJulie KronstrømCurrent
FounderChristian Adel MichaelCurrent

The CEOs' other companies

Julie Kronstrøm – 4 other companies, of which 1 bankrupt

Christian Adel Michael – 3 other companies, of which 1 bankrupt

Lars Plesner Hamann – 8 other companies, of which 2 bankrupt

Kaarthik Subramani Krishnamurthy – 4 other companies, of which 1 bankrupt

Thomas Lawrence Vulliez – 3 other companies, of which 1 bankrupt

Jean Baptiste Bernard Auzeau – 3 other companies, of which 1 bankrupt

Address history (6 moves)

Gråbrødretorv 11, 1., 1154 København K
c/o Nordic Eye, Havnegade 55, st. th, 1058 København K
Landemærket 29, 1., 1119 København K
Kødboderne 24, 1714 København V
c/o Reform, Otto Busses Vej 5A, 2450 København SV
c/o Adel Michael, Frederiksberggade 12A, 2. tv, 1459 København K
Kjeldsgårdsvej 39B, 2500 Valby

Former names

MATE.BIKE INTERNATIONAL ApS – now
MATE.BIKE INTERNATIONAL IVS –

Employees per year

Number of employees at MATE.BIKE INTERNATIONAL ApS per year6112016: 020162017: 1120172018: 62018

Other companies at the same address

Similar companies in København

Questions and answers about MATE.BIKE INTERNATIONAL ApS

Has MATE.BIKE INTERNATIONAL ApS gone bankrupt?

No, MATE.BIKE INTERNATIONAL ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MATE.BIKE INTERNATIONAL 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 auditor of MATE.BIKE INTERNATIONAL ApS?

MATE.BIKE INTERNATIONAL ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MATE.BIKE INTERNATIONAL ApS founded?

MATE.BIKE INTERNATIONAL ApS was founded on 16 August 2016.

What is the equity of MATE.BIKE INTERNATIONAL ApS?

Equity was DKK 16.1m 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.