Valgren Cycling ApS

CVR 44026627 · Private limited company (ApS) · Active · Low risk

Valgren Cycling ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry sportsaktiviteter i.a.n.. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 124k and a net result of DKK 35k. CEO: Michael Valgren Hundahl.

Bankruptcy risk for Valgren Cycling ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
44026627
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Lavendelvej 11
7700 Thisted
Municipality
Thisted
Industry
Sportsaktiviteter i.a.n. (931900)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio59.8%
Current ratio249%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 48kDKK 40k
Net profitDKK 35kDKK 31k
EquityDKK 124kDKK 89k
Total assetsDKK 207kDKK 158k
CashDKK 195k–
Short-term debtDKK 83k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202527
1 Jan 2024 – 31 Dec 202458
28 Mar 2023 – 31 Dec 2023180

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
CEOMichael Valgren HundahlCurrent
Owner (50%)Sissel Valgren HundahlCurrent
Owner (50%)Michael Valgren HundahlCurrent
FounderSissel Valgren HundahlCurrent
FounderMichael Valgren HundahlCurrent

Address history (1 moves)

Lavendelvej 11, 7700 Thisted
Silstrupvej 17, 7700 Thisted

Similar companies in Thisted

Questions and answers about Valgren Cycling ApS

Has Valgren Cycling ApS gone bankrupt?

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

What is the bankruptcy risk of Valgren Cycling ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Valgren Cycling ApS?

Michael Valgren Hundahl is the CEO of Valgren Cycling ApS.

Who is the auditor of Valgren Cycling ApS?

Valgren Cycling ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Valgren Cycling ApS founded?

Valgren Cycling ApS was founded on 28 March 2023.

What is the equity of Valgren Cycling ApS?

Equity was DKK 124k 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.