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CycleIT ApS: Financial statements 2021

CVR: 39526050

Source: annual report 2021, Danish Business Authority

01/01/202131/12/2021

CycleIT ApS (CVR 39526050) has filed annual accounts for 2021. In 2021, the company reported a gross profit of DKK 2,152,032 and a net result of DKK 510,667 compared with DKK 179,787 the year before. That is an increase of 16.1% compared with the year before. Equity in the 2021 report amounted to DKK 583,239. The solvency ratio was 24.5%. The company had 5 employees in the financial year.

Gross Profit
DKK 2,152,032
Profit/Loss
DKK 510,667
Equity
DKK 583,239
Total Assets
DKK 2,378,490
Employees
5

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2021-2.2 mio.511 t.583 t.5
2020-1.9 mio.180 t.179 t.5
2019-1.5 mio.124 t.-1 t.4

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Events in 2021

CycleIT ApS: The 2020 annual report is outMar 18, 2021

CycleIT ApS has published its annual report for 2020. Gross profit came to DKK 1,853,288, and the net result was DKK 179,787.

About CycleIT ApS

CycleIT ApS is a Danish company of the type Anpartsselskab based in Taastrup, founded in 2018. The company is registered under the industry Reparation og vedligeholdelse af forbrugerelektronik. The management consists of Tim Myhre-Larsen. The company is owned by TMYL Holding ApS and Victoryisland Holding ApS. The company has 12 employees (2018). In 2025, the company reported a gross profit of DKK 3,309,910 and a net result of DKK 492,335 compared with DKK 328,403 the year before. Equity in the 2025 report amounted to DKK 764,160.

Source: annual report 2025, Danish Business Authority

Other financial years