2M Cycling Elite ApS

CVR 43618830 · Private limited company (ApS) · Active · High risk

2M Cycling Elite ApS is a Private limited company (ApS), founded on , based in Faxe. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 3 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK -20k.

Bankruptcy risk for 2M Cycling Elite ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43618830
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Rådhusvej 51
4640 Faxe
Municipality
Faxe
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Auditor
DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio4.7%
Current ratio104%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -3,890DKK 45kDKK -6,499
Net profitDKK -20kDKK 31kDKK -11k
EquityDKK 40kDKK 60kDKK 29k
Total assetsDKK 854kDKK 623kDKK 591k
CashDKK 149kDKK 208k–
Short-term debtDKK 813kDKK 556k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025191 Late
1 Jan 2024 – 31 Dec 2024181
2 Nov 2022 – 31 Dec 2023176

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 (100%)Martin Flindt MøllerCurrent
FounderMartin Flindt MøllerCurrent

Address history (0 moves)

Rådhusvej 51, 4640 Faxe

Other companies at the same address

Similar companies in Faxe

Questions and answers about 2M Cycling Elite ApS

Has 2M Cycling Elite ApS gone bankrupt?

No, 2M Cycling Elite ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 2M Cycling Elite ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of 2M Cycling Elite ApS?

2M Cycling Elite ApS most recently used DANSK REVISION SLAGELSE GODKENDT REVISIONSAKTIESELSKAB.

When was 2M Cycling Elite ApS founded?

2M Cycling Elite ApS was founded on 2 November 2022.

What is the equity of 2M Cycling Elite ApS?

Equity was DKK 40k 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.