companydata.dkARGON 18 Europe ApS
CVR: 38677470
Secondary names: United Cycling ApS, ARGON 18 Nordic ApS
The financial health of ARGON 18 Europe ApS appears to be concerning, with consistent losses over the past few years. Revenue has shown a notable increase from 12.2 million DKK in 2020 to 39.7 million DKK in 2024, but profits remain negative, with a loss of 19.2 million DKK in 2024. The company's equity position has deteriorated significantly, dropping from 6.3 million DKK in 2020 to -54.3 million DKK in 2024, indicating a growing financial strain. While the revenue growth suggests potential market demand, the ongoing losses and negative equity raise concerns about sustainability and operational efficiency within the competitive cycling and sports equipment industry.
AI-generated summary
Overview
- Company type
- APS
- Anpartsselskab
- Founded
- 31.5.2017
Details
- Employees
- 10 employees
- 8 FTE
- (2018)
- Capital
- 1.100.001 kr.
Purpose
Selskabets formål er at drive virksomhed med salg af varer og/eller ydelser relateret til sports- og fritidsaktiviteter samt andre aktiviteter, der efter bestyrelsens skøn har forbindelse hertil.
Location
Financials
| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2024 | 39.7 mio. | -19.2 mio. | 38.3 mio. | -54.3 mio. | 13 | |
History
Ownership
Management
Directors
Board
Production units (1)
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