E-CargoBikes ApS

CVR 44948273 · Private limited company (ApS) · Active · Very high risk

E-CargoBikes ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry engroshandel med cykler, sportsartikler og lystbåde. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 23k and a net result of DKK -17k.

Bankruptcy risk for E-CargoBikes ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Registered owners3 · bankruptcy rate 6.2%0.71×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
44948273
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Hundborgvej 98
7700 Thisted
Municipality
Thisted
Industry
Engroshandel med cykler, sportsartikler og lystbåde (464910)
Bankruptcies in the industry: Restauranter
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio88.7%
Current ratio887%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -21k–
Net profitDKK -17k–
EquityDKK 23kDKK 40k
Total assetsDKK 26k–
CashDKK 9,785–
Short-term debtDKK 2,973–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
5 Jul 2024 – 31 Dec 2025163

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
CEOFahim Mohammad Homayoun
CEOFaridoon Mohammad Homayoun
CEOFahim Mohammad Homayoun
BoardFahim Mohammad HomayounCurrent
BoardShokrullah ShokranCurrent
BoardFaridoon Mohammad HomayounCurrent
BoardFaridoon Mohammad Homayoun
BoardNawab Mohmand
BoardJamen Hamid
Owner (50%)GOLDEN GATE ApSCurrent
Owner (20%)Hila Investments ApSCurrent
Owner (20%)FAGO Holding ApSCurrent
Owner (20%)Hila Investments ApS
Owner (20%)GOLDEN GATE ApS
Owner (20%)FAGEO ApS
Owner (20%)SnapRep ApS
Owner (20%)ALPHA INVEST ApS
Owner (33%)GOLDEN GATE ApS
Owner (33%)FAGEO ApS
Owner (33%)Hila Investments ApS
FounderHila Investments ApSCurrent

The CEOs' other companies

Fahim Mohammad Homayoun – 2 other companies

Faridoon Mohammad Homayoun – 5 other companies

Address history (0 moves)

Hundborgvej 98, 7700 Thisted

Former names

E-CargoBikes ApS – now
FoodWay ApS –

Other companies at the same address

Questions and answers about E-CargoBikes ApS

Has E-CargoBikes ApS gone bankrupt?

No, E-CargoBikes ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of E-CargoBikes ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

When was E-CargoBikes ApS founded?

E-CargoBikes ApS was founded on 5 July 2024.

What is the equity of E-CargoBikes ApS?

Equity was DKK 23k 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.