CycleIT ApS: Financial statements 2023
CVR: 39526050
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
CycleIT ApS (CVR 39526050) has filed annual accounts for 2023. In 2023, the company reported a gross profit of DKK 2,047,841 and a net result of DKK -240,546 compared with DKK 728 the year before. That is a decrease of 9% compared with the year before. Equity in the 2023 report amounted to DKK 243,422. The solvency ratio was 16%. The company had 7 employees in the financial year.
- Gross Profit
- DKK 2,047,841
- Profit/Loss
- DKK -240,546
- Equity
- DKK 243,422
- Total Assets
- DKK 1,521,929
- Employees
- 7
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | - | 2 mio. | -241 t. | 243 t. | 7 |
| 2022 | - | 2.3 mio. | 728 | 484 t. | 7 |
| 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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CycleIT ApS has published its annual report for 2022. Gross profit came to DKK 2,251,055, and the net result was DKK 728.
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.