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CYCLE SERVICE NORDIC ApS: Financial statements 2023

CVR: 14412107

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

CYCLE SERVICE NORDIC ApS (CVR 14412107) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 8,984,752 and a net result of DKK -53,787,171 compared with DKK -9,396,654 the year before. That is a decrease of 68% compared with the year before. Equity in the 2023 report amounted to DKK 8,543,221. The solvency ratio was 3.1%. The company had 70 employees in the financial year.

Gross Profit
DKK 8,984,752
Profit/Loss
DKK -53,787,171
Equity
DKK 8,543,221
Total Assets
DKK 274,414,622
Employees
70

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023-9M-53.8M8.5M70
2022-28.1M-9.4M17.6M71
2021-39.5M6.3M27.3M85
2020-26.4M-2.1M20.9M78
2019-18.1M-5.4M23.2M45

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Events in 2023

CYCLE SERVICE NORDIC ApS: The 2022 annual report is outJul 6, 2023

CYCLE SERVICE NORDIC ApS has published its annual report for 2022. Gross profit came to DKK 28,053,983, and the net result was DKK -9,396,654.

Bo Bækkelund joins the board of CYCLE SERVICE NORDIC ApSJun 27, 2023

As of June 27, 2023, Bo Bækkelund has joined the board of directors of CYCLE SERVICE NORDIC ApS.

Toine van Doremalen joins the board of CYCLE SERVICE NORDIC ApSJun 27, 2023

As of June 27, 2023, Toine van Doremalen has joined the board of directors of CYCLE SERVICE NORDIC ApS.

Ruben Sewnarain Baldew leaves the board of CYCLE SERVICE NORDIC ApSJun 27, 2023

As of June 27, 2023, Ruben Sewnarain Baldew has left the board of directors of CYCLE SERVICE NORDIC ApS.

Christoph Mannel joins the board of CYCLE SERVICE NORDIC ApSMay 1, 2023

As of May 1, 2023, Christoph Mannel has joined the board of directors of CYCLE SERVICE NORDIC ApS.

Anthonie Hilbert Anbeek leaves the board of CYCLE SERVICE NORDIC ApSMay 1, 2023

As of May 1, 2023, Anthonie Hilbert Anbeek has left the board of directors of CYCLE SERVICE NORDIC ApS.

Philippa Wibberley leaves the board of CYCLE SERVICE NORDIC ApSMay 1, 2023

As of May 1, 2023, Philippa Wibberley has left the board of directors of CYCLE SERVICE NORDIC ApS.

About CYCLE SERVICE NORDIC ApS

CYCLE SERVICE NORDIC ApS is a Danish company of the type Anpartsselskab based in Odense SØ, founded in 1990. The company is under bankruptcy. The company is registered under the industry Engroshandel med cykler, sportsartikler og lystbåde. The company was previously named DAN AGENTUR ApS and ApS SPKR NR. 2980. The company is owned by ACCELL DANMARK ApS. The company has 71 employees (2026). In 2025, the company reported a gross profit of DKK -32,289,998 and a net result of DKK -82,222,811 compared with DKK -73,835,424 the year before. Equity in the 2025 report amounted to DKK -95,533,367.

Source: annual report 2025, Danish Business Authority