Siigar Bikes ApS

CVR 38943634 · Private limited company (ApS) · Active · Low risk

Siigar Bikes ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry fremstilling af cykler og kørestole. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -2.7m and a net result of DKK -281k.

Bankruptcy risk for Siigar Bikes 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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · 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
38943634
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Holmbladsgade 27
2300 København S
Municipality
København
Industry
Fremstilling af cykler og kørestole (309200)
Bankruptcies in the industry: Fremstilling af cykler og invalidekøretøjer
Share capital
DKK 50k
Auditor
JuelViborgRegistreret revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-148.9%
Current ratio437%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -281kDKK -552kDKK -300k
Net profitDKK -281kDKK -818kDKK -629k
EquityDKK -2.7mDKK -2.4mDKK -1.6m
Total assetsDKK 1.8mDKK 2.1mDKK 2.5m
CashDKK 25kDKK 22k–
Short-term debtDKK 419kDKK 395k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · JuelViborgRegistreret revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025191 Late
1 Oct 2023 – 30 Sep 2024154
1 Oct 2022 – 30 Sep 2023186 Late
1 Oct 2021 – 30 Sep 2022193 Late
1 Oct 2020 – 30 Sep 2021185 Late
1 Oct 2019 – 30 Sep 2020154
1 Oct 2018 – 30 Sep 201963
19 Sep 2017 – 30 Sep 2018163

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
Owner (25%)Carsten Pedersen RiseCurrent
Owner (25%)Nicolas LauridsenCurrent
Owner (20%)Liv OlsenCurrent
Owner (20%)Luca OlsenCurrent
Owner (100%)Morten Gundorph Rosengren
Owner (100%)Bee-Bikes Holding ApS
FounderMorten Gundorph RosengrenCurrent

Address history (1 moves)

Holmbladsgade 27, 2300 København S
c/o Lennart Gutfelt, Tømmerupvej 75, 2770 Kastrup

Former names

Siigar Bikes ApS – now
Bee-Bikes IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Siigar Bikes ApS

Has Siigar Bikes ApS gone bankrupt?

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

What is the bankruptcy risk of Siigar Bikes 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 auditor of Siigar Bikes ApS?

Siigar Bikes ApS most recently used JuelViborgRegistreret revisionsvirksomhed.

When was Siigar Bikes ApS founded?

Siigar Bikes ApS was founded on 19 September 2017.

What is the equity of Siigar Bikes ApS?

Equity was DKK -2.7m 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.