Specialized Denmark ApS
CVR 40912673 · Private limited company (ApS) · Active · Low risk
Specialized Denmark ApS is a Private limited company (ApS), founded on , based in Hedensted. 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. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 11.8m and a net result of DKK 1.7m. CEO: Bastiaan Jacobus Giling.
Bankruptcy risk for Specialized Denmark ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 40912673
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (6 years)
- Address
- Lundagervej 4
8722 Hedensted - Municipality
- Hedensted
- Industry
- Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr - Share capital
- DKK 40k
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 6 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 40.6% |
| Current ratio | 172% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 23 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 14.1m | DKK 17.2m | DKK 13.7m |
| Net profit | DKK 1.7m | DKK 1.6m | DKK 1.7m |
| Equity | DKK 11.8m | DKK 10.0m | DKK 8.4m |
| Total assets | DKK 29.0m | DKK 39.5m | DKK 43.3m |
| Cash | DKK 551k | DKK 928k | – |
| Short-term debt | DKK 16.4m | DKK 28.7m | – |
| Tax owed | DKK 252k | DKK 239k | – |
| Avg. employees | 22 | 28 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 181 | ||
| 1 Jan 2024 – 31 Dec 2024 | 184 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 180 | ||
| 1 Jan 2021 – 31 Dec 2021 | 183 | ||
| 6 Nov 2019 – 31 Dec 2020 | 190 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Bastiaan Jacobus Giling | Current | |
| CEO | Peter Bay Steen | ||
| Board | Martin Wyrsch | Current | |
| Board | Peter Kerle | Current | |
| Board | Peter Bay Steen | ||
| Board | Martin Wyrsch | ||
| Board | Edward Alan Mitchell | ||
| Board | Joseph Michael Tiller | ||
| Board | Martin Wyrsch | ||
| Owner (100%) | Specialized Europe GmbH | Current | |
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab | ||
| Founder | Specialized Europe GmbH | Current |
The CEOs' other companies
Peter Bay Steen – 1 other companies
- GAZELLE DENMARK A/S Active
Address history (3 moves)
| Lundagervej 4, 8722 Hedensted | |
| Lundvej 6, 8700 Horsens | |
| Gotlandsvej 24, 8700 Horsens | |
| Vestermarken 10, 8660 Skanderborg |
Other companies at the same address
- Datoselskabet af 13. august 2024 A/S Bankrupt
- Accom Byg A/S Active
- Accom Invest A/S Active
- AutoBooster ApS Opløst
- Bollerskov II ApS Active
- CSK Invest A/S Active
- CSK LEASING A/S Active
- Ejendomsselskabet Stævnen 28 ApS Active
- Enterprise One ApS Active
- Enterprise Two ApS Active
- Hedetoften ApS Active
- Irizar Danmark A/S Opløst
- Julle Havn A/S Active
- KIA WULFF HOLDING ApS Active
- MKG Consulting ApS Opløst
- Middelfartvej 84 ApS Active
- Nordic Electric A/S Active
- RAIL LIGHT COMPONENTS A/S Active
- Seniorlandsby.dk ApS Active
- Smart-Drive A/S Active
- WULFF EJENDOMME A/S Active
- Wulff Group A/S Active
- Wulff Invest I ApS Active
Similar companies in Hedensted
- SCANDINAVIAN SPORTS WEAR IMPORTS A/S Hornsyld
- TOPSPORT INTERNATIONAL ApS Hornsyld
- AIRCOVER ApS Tørring
- FANTOMSHOPS ApS Hornsyld
Questions and answers about Specialized Denmark ApS
Has Specialized Denmark ApS gone bankrupt?
No, Specialized Denmark ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Specialized Denmark 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 Specialized Denmark ApS?
Bastiaan Jacobus Giling is the CEO of Specialized Denmark ApS.
Who is the auditor of Specialized Denmark ApS?
Specialized Denmark ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Specialized Denmark ApS founded?
Specialized Denmark ApS was founded on 6 November 2019.
What is the equity of Specialized Denmark ApS?
Equity was DKK 11.8m 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.