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.
| Year | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 2024 | 39.7 mio. | -19.2 mio. | 38.3 mio. | -54.3 mio. | 13 | |
CVR: 38677470
Secondary names: United Cycling ApS, ARGON 18 Nordic ApS
Jan Sørensen left the board
Mark John Hewitt joined as director
Jan Sørensen left as director
Compared to 262 companies in Engroshandel med cykler, sportsartikler og lystbåde
Comparison is based on industry median values
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.
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