222Cycles ApS

CVR 44312018 · Private limited company (ApS) · Active · Medium risk

222Cycles ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Aug 2026) shows equity of DKK -64k and a net result of DKK 12k.

Bankruptcy risk for 222Cycles ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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×
Other companies at the same address1 · bankruptcy rate 7.6%0.86×

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
44312018
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
c/o Jakob, Glarmestervej 14
5700 Svendborg
Municipality
Svendborg
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 late0 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-16.9%
Current ratio86%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 12kDKK -15kDKK -98k
Net profitDKK 12kDKK -17kDKK -99k
EquityDKK -64kDKK -75kDKK -59k
Total assetsDKK 377kDKK 357kDKK 291k
CashDKK 31kDKK 31k–
Short-term debtDKK 441kDKK 433k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2025 – 31 Aug 20269
1 Sep 2024 – 31 Aug 202524
18 Sep 2023 – 31 Aug 202447

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%)Petersens Pedal ApSCurrent
FounderJakob Werner PetersenCurrent
FounderPetersens Pedal ApSCurrent

Address history (1 moves)

c/o Jakob, Glarmestervej 14, 5700 Svendborg
Glarmestervej 14, 5700 Svendborg

Other companies at the same address

Similar companies in Svendborg

Questions and answers about 222Cycles ApS

Has 222Cycles ApS gone bankrupt?

No, 222Cycles ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 222Cycles ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

When was 222Cycles ApS founded?

222Cycles ApS was founded on 18 September 2023.

What is the equity of 222Cycles ApS?

Equity was DKK -64k according to the annual report for the period ending 31 August 2026.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.