CVR: 38530623
DKK 5,939,289
Revenue
Net result: DKK 97,069
Jamsheed Naseri
CVR · view ownership and management
Director registered: Jamsheed Naseri
CVR · 22/03/2017
View the full event history
Time2Bike ApS is a Danish company of the type Anpartsselskab based in Birkerød, founded in 2017. The company is registered under the industry Detailhandel med cykler. The management consists of Jamsheed Naseri. The company is owned by Jamsheed Naseri. The company has 3 employees (2018). In 2025, the company reported revenue of DKK 5,939,289 and a net result of DKK 97,069 compared with DKK -886,059 the year before. Equity in the 2025 report amounted to DKK 1,634,771.
Source: annual report 2025, Danish Business Authority
Time2Bike ApS has shown a volatile financial trajectory, with a notable recovery in 2025, achieving a revenue of 5,939,289 DKK and a profit of 97,069 DKK after experiencing significant losses in previous years. The company faced challenges in 2024 and 2022, with negative profits of -886,059 DKK and -2,595,346 DKK, respectively, leading to a decline in equity. Despite these setbacks, the equity position improved to 1,634,771 DKK in 2025, indicating a potential stabilization. However, the fluctuating revenue, which peaked at 9,831,030 DKK in 2021, suggests that Time2Bike ApS must address underlying issues to ensure consistent growth and profitability within the competitive bicycle retail industry.
AI-generated summary · Generated 11/03/2026
Køb, salg og reparation af cykler og dermed beslægtede artikler
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/07/2024 – 30/06/2025 | 5.9 mio. | 97 t. | 4 mio. | 1.6 mio. | - | |
| 202401/07/2023 – 30/06/2024 | - | -886 t. | 3.2 mio. | -773 t. | - | |
| 202301/07/2022 – 30/06/2023 | - | 2.1 mio. | 4.2 mio. | 1 mio. | 3 | |
| 202201/07/2021 – 30/06/2022 | 6.4 mio. | -2.6 mio. | 2.1 mio. | -1.1 mio. | 3 | |
| 202101/07/2020 – 30/06/2021 | 9.8 mio. | 674 t. | 5.3 mio. | 1.7 mio. | 5 | |
| 202001/07/2019 – 30/06/2020 | 8 mio. | 556 t. | 4.4 mio. | 1 mio. | 4 | |
| 201901/07/2018 – 30/06/2019 | 3.6 mio. | 78 t. | 1.9 mio. | 445 t. | 3 |
Compared to 313 companies in Detailhandel med cykler
Comparison is based on industry median values
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See the API documentationTime2Bike ApS was founded on 22 March 2017.
Time2Bike ApS is registered under the industry Detailhandel med cykler (industry code 476320).
Time2Bike ApS had 3 employees in 2018 according to the Danish CVR register.
Time2Bike ApS is owned by Jamsheed Naseri.
In 2025, Time2Bike ApS reported revenue of DKK 5,939,289.
The management of Time2Bike ApS consists of Jamsheed Naseri.
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Time2Bike ApS has published its annual report for 2025. Revenue came to DKK 5,939,289, and the net result was DKK 97,069.
Time2Bike ApS has published its annual report for 2024. Gross profit came to DKK 1,220,134, and the net result was DKK -886,059.
Time2Bike ApS has published its annual report for 2023. Gross profit came to DKK 4,547,637, and the net result was DKK 2,092,265.
Time2Bike ApS has published its annual report for 2022. Revenue came to DKK 6,431,023, and the net result was DKK -2,595,346.
Time2Bike ApS has published its annual report for 2021. Revenue came to DKK 9,831,030, and the net result was DKK 674,091.
Time2Bike ApS has published its annual report for 2020. Revenue came to DKK 7,961,882, and the net result was DKK 555,791.
Time2Bike ApS has published its annual report for 2019. Revenue came to DKK 3,639,902, and the net result was DKK 77,970.
Time2Bike ApS has published its interim report for the period March 22, 2017 – June 30, 2018.
As of March 22, 2017, Jamsheed Naseri is registered as adm. dir. of Time2Bike ApS.
As of March 22, 2017, Jamsheed Naseri is registered as an owner of Time2Bike ApS with an ownership share of 90%.
Time2Bike ApS was founded on March 22, 2017.
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