Fri Bikeshop Odense M ApS

CVR 43670840 · Private limited company (ApS) · Active · Medium risk

Fri Bikeshop Odense M ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry detailhandel med cykler. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 -1.2m and a net result of DKK 29k. CEO: Bjørn Thomas Smith.

Bankruptcy risk for Fri Bikeshop Odense M ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
43670840
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Tagtækkervej 11
5230 Odense M
Municipality
Odense
Industry
Detailhandel med cykler (476320)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
REVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-13.4%
Current ratio72%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 4.4mDKK 4.1mDKK -205k
Net profitDKK 29kDKK -1.3mDKK -663k
EquityDKK -1.2mDKK -1.3mDKK 40k
Total assetsDKK 9.3mDKK 8.1mDKK 342k
CashDKK 551kDKK 426k–
Short-term debtDKK 10.0mDKK 9.4m–
Avg. employees712–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RevisionsFirmaet Edelbo.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202579
1 Jan 2024 – 31 Dec 2024120
25 Nov 2022 – 31 Dec 2023191 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
CEOBjørn Thomas SmithCurrent
Owner (25%)Multiperformance Holding ApSCurrent
Owner (67%)B. Smith Holding ApSCurrent
Owner (100%)B. Smith Holding ApS
AuditorREVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderB. Smith Holding ApSCurrent

The CEOs' other companies

Bjørn Thomas Smith – 4 other companies

Address history (1 moves)

Tagtækkervej 11, 5230 Odense M
Tved Kirkevej 5A, 5700 Svendborg

Former names

Fri Bikeshop Odense M ApS – now
Smith salg og rådgivning ApS –
Smith Motorsport ApS –

Other companies at the same address

Similar companies in Odense

Questions and answers about Fri Bikeshop Odense M ApS

Has Fri Bikeshop Odense M ApS gone bankrupt?

No, Fri Bikeshop Odense M ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Fri Bikeshop Odense M ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Fri Bikeshop Odense M ApS?

Bjørn Thomas Smith is the CEO of Fri Bikeshop Odense M ApS.

Who is the auditor of Fri Bikeshop Odense M ApS?

Fri Bikeshop Odense M ApS most recently used REVISIONSFIRMAET EDELBO STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Fri Bikeshop Odense M ApS founded?

Fri Bikeshop Odense M ApS was founded on 25 November 2022.

What is the equity of Fri Bikeshop Odense M ApS?

Equity was DKK -1.2m 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.