CYKELGEAR A/S: Financial statements 2020
CVR: 35252002
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
CYKELGEAR A/S (CVR 35252002) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 51,519,431 and a net result of DKK 28,038,501 compared with DKK 6,054,596 the year before. That is an increase of 148.4% compared with the year before. Equity in the 2020 report amounted to DKK 38,166,469. The solvency ratio was 71.6%. The company had 40 employees in the financial year.
- Gross Profit
- DKK 51,519,431
- Profit/Loss
- DKK 28,038,501
- Equity
- DKK 38,166,469
- Total Assets
- DKK 53,277,023
- Employees
- 40
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 51.5 mio. | 28 mio. | 38.2 mio. | 40 |
| 2019 | - | 20.7 mio. | 6.1 mio. | 16.1 mio. | 31 |
| 2018 | - | 20.6 mio. | 7.7 mio. | 18.1 mio. | 25 |
| 2017 | - | 17.3 mio. | 6.8 mio. | 16.4 mio. | 19 |
| 2016 | - | 12.3 mio. | 3.7 mio. | 14.6 mio. | 18 |
Official annual report
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CYKELGEAR A/S has published its annual report for 2019. Gross profit came to DKK 20,737,785, and the net result was DKK 6,054,596.
As of May 11, 2020, Kasper Buus Larsen has joined the board of directors of CYKELGEAR A/S.
As of May 11, 2020, Peter Vagner Krøjgaard has left the board of directors of CYKELGEAR A/S.
As of May 11, 2020, Nick Lissner Nørregaard has left the board of directors of CYKELGEAR A/S.
As of May 11, 2020, Hardy Bjærge has left the board of directors of CYKELGEAR A/S.
As of May 11, 2020, Kasper Buus Larsen has stepped down as director of CYKELGEAR A/S.
As of May 10, 2020, Kasper Buus Larsen has left the board of directors of CYKELGEAR A/S.
About CYKELGEAR A/S
CYKELGEAR A/S is a Danish company of the type Aktieselskab based in Terndrup, founded in 2013. The company is registered under the industry Detailhandel med cykler. The management consists of Andreas Bang and Søren Rousing Djernæs-Andersen. The board consists of Tim Teunissen (chair), Piebe Hans Flip Koster and Ruben Jonathan Dankaart. The company is owned by FC Cykelgear ApS. The company has 108 employees (2026). In 2025, the company reported a gross profit of DKK 42,249,069 and a net result of DKK 4,453,744 compared with DKK 8,042,065 the year before. Equity in the 2025 report amounted to DKK 25,149,936.