CycleIT ApS: Financial statements 2025
CVR: 39526050
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
CycleIT ApS (CVR 39526050) has filed annual accounts for 2025. 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. That is an increase of 24.1% compared with the year before. Equity in the 2025 report amounted to DKK 764,160. The solvency ratio was 28.3%. The company had 4 employees in the financial year.
- Gross Profit
- DKK 3,309,910
- Profit/Loss
- DKK 492,335
- Equity
- DKK 764,160
- Total Assets
- DKK 2,702,117
- Employees
- 4
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | - | 3.3 mio. | 492 t. | 764 t. | 4 |
| 2024 | - | 2.7 mio. | 328 t. | 572 t. | 7 |
| 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 |
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As of April 23, 2025, TMYL Holding ApS is registered as an owner of CycleIT ApS with an ownership share of 50%.
As of April 23, 2025, Victoryisland Holding ApS is registered as an owner of CycleIT ApS with an ownership share of 33%.
CycleIT ApS has published its annual report for 2024. Gross profit came to DKK 2,667,272, and the net result was DKK 328,403.
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.