Velolux Cykler ApS

CVR 43169688 · Private limited company (ApS) · Active · Very high risk

Velolux Cykler ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 4 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -143k and a net result of DKK 74k. CEO: Mohammad Munir Safi.

Bankruptcy risk for Velolux Cykler ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Registered owners3 · bankruptcy rate 6.2%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
43169688
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Jernholmen 6
2650 Hvidovre
Municipality
Hvidovre
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-6.2%
Current ratio93%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 468kDKK 32kDKK -39k
Net profitDKK 74kDKK -141kDKK -78k
EquityDKK -143kDKK -217kDKK -76k
Total assetsDKK 2.3mDKK 2.6mDKK 1.9m
CashDKK 19kDKK 9–
Short-term debtDKK 2.4mDKK 2.9m–
Tax owedDKK 0––
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025192 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023192 Late
24 Mar 2022 – 31 Dec 2022191 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

RoleNameFromTo
CEOMohammad Munir SafiCurrent
Owner (33%)Mohammad Munir SafiCurrent
Owner (33%)Waris HotkhelCurrent
Owner (33%)Ahmad Fawad FerutanCurrent
FounderMohammad Munir SafiCurrent
FounderWaris HotkhelCurrent
FounderAhmad Fawad FerutanCurrent

Address history (1 moves)

Jernholmen 6, 2650 Hvidovre
Værebrovej 68, 6. 1, 2880 Bagsværd

Other companies at the same address

Similar companies in Hvidovre

Questions and answers about Velolux Cykler ApS

Has Velolux Cykler ApS gone bankrupt?

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

What is the bankruptcy risk of Velolux Cykler ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Velolux Cykler ApS?

Mohammad Munir Safi is the CEO of Velolux Cykler ApS.

When was Velolux Cykler ApS founded?

Velolux Cykler ApS was founded on 24 March 2022.

What is the equity of Velolux Cykler ApS?

Equity was DKK -143k 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.