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Black Iron Horse ApS

Private limited companyCVR 40135103KastrupActive

Black Iron Horse ApS is a private limited company, based in Kastrup, active in manufacture of bicycles and invalid carriages, founded in 2019. Equity was negative at the end of 2025 (−DKK 1.9m). The company made a loss in both 2024 and 2025, most recently DKK 5m. 8 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 7.9m+60.7% vs. 2024
Net profit−DKK 5m+57.5% vs. 2024
Equity−DKK 1.9m−158.9% vs. 2024
Employees29latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 61% (2024 → 2025), to DKK 7.9m.
  • The loss got smaller: from DKK 11.8m to DKK 5m (2024 → 2025).
  • Equity turned negative: −DKK 1.9m (2024 → 2025).

Employees

  • 2 more employees than a year earlier: 29 (07/2026) against 27 (07/2025).

Management and owners, last 24 months

  • New in management: Lone Hendriksen (board member, 06/05/2025).
  • Stepped down: Lars Johan Berg Nielsen (board member, 06/05/2025).
  • New owners registered: Ojc ApS (02/12/2024) and EBBEFOS Holding A/S (02/12/2024).
  • No longer registered as owner: Ojc ApS (01/12/2024) and EBBEFOS Holding A/S (01/12/2024).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of bicycles and invalid carriages (309200)
  • 02/12/2024: Share capital changed from 340,000 DKK to 544,000 DKK

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for Black Iron Horse ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5369535582,9934,8877,852+60.7%
Operating profit (EBIT)228506−2,642−6,639−9,777−3,249+66.8%
Profit before tax187432−2,893−7,977−11,823−5,024+57.5%
Net profit141292−2,877−5,648−11,823−5,024+57.5%
Total assets2,1624,13313,80529,69126,23329,204+11.3%
Equity1,2181,5098,6332,9853,162−1,863−158.9%
Liabilities9452,5215,12226,65623,02130,570+32.8%
Cash and cash equivalents869726540979637−34.9%
Average number of employees1––1821210%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (23 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 1.9m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Black Iron Horse ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202528/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202208/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202120/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202010/02/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

23 companies in the database

Comparison with the other companies in manufacture of bicycles and invalid carriages based on the latest financial year.

Gross profitDKK 7.9mNo. 13 of 23
Better than 45% of the companies in the industry
Equity−DKK 1.9mNo. 21 of 23
Better than 9% of the companies in the industry
Number of employees29No. 8 of 23
Better than 68% of the companies in the industry

Industry median: gross profit DKK 9.5m, net profit DKK 260k, equity DKK 4m, 19 employees.

DKK 186kDKK 840kDKK 3.8mDKK 17.2mDKK 47.1mHere
Distribution of gross profit for 20 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 6,554of 9,892
Better than 34%
No. 9,542of 9,922
Better than 4%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 5,606of 33,588
Better than 83%
No. 32,436of 33,687
Better than 4%
All companies of type ApS66,508 companies in the comparison
No. 8,241of 66,379
Better than 88%
No. 64,680of 66,505
Better than 3%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of bicycles and invalid carriages
Gross profit
  1. Black Iron Horse ApSDKK 7.9m
  2. R82 A/SDKK 77.9m
  3. A. Winther A/SDKK 58.3m
Net profit
  1. Black Iron Horse ApS−DKK 5m
  2. R82 A/SDKK 16.1m
  3. A. Winther A/SDKK 18.6m
Equity
  1. Black Iron Horse ApS−DKK 1.9m
  2. R82 A/SDKK 217.4m
  3. A. Winther A/SDKK 87.7m
Employees
  1. Black Iron Horse ApS29
  2. R82 A/S183
  3. A. Winther A/S74

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Black Iron Horse ApS

Management

5 active registrations

Executive management

Executive management at Black Iron Horse ApS
NameRoleAppointed
Mike Skouboe EschenDirector13/07/2022
Jesper Lindahl-BergCEO13/07/2022

Board of directors

Board of directors at Black Iron Horse ApS
NameRoleAppointed
Morten Ersbøll EbbesenBoard member13/07/2022
David Packness MeyerChair of the board13/07/2022
Lone HendriksenBoard member06/05/2025
Founders
Lars Binø, Lars Leikier, Ojc ApS
Former management (6)
Former management at Black Iron Horse ApS
NameRoleAppointedResigned
Lars BinøBoard member01/01/201918/05/2020
Lars LeikierBoard member01/01/201913/07/2022
Mike Skouboe EschenChair of the board01/01/201913/07/2022
Jesper Lindahl-BergBoard member01/01/201913/07/2022
Jesper Lindahl-BergDirector01/01/201912/07/2022
Lars Johan Berg NielsenBoard member09/12/202006/05/2025

Signing rule: Selskabet tegnes af en direktør og bestyrelsesformanden i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Skøjtevej 11
2770 Kastrup

Tårnby Municipality · Postcode 2770

Production units
Production unitAddressEmployeesP number
BLACK IRON HORSE APSSkøjtevej 11, 2770 Kastrup281024261669
BUTIKKENNørrebrogade 41, 2200 København N11027873800

Purpose

Selskabets formål er design, udvikling, produktion og salg af cykler samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

51 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesaccounts 1 · management 2 · industry 1
  • Annual report for 2024 published
  • Lone Hendriksen appointed board member
  • Lars Johan Berg Nielsen stepped down as board member
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
20246 changescapital 1 · ownership 4 · accounts 1
  • Share capital changed from 340,000 DKK to 544,000 DKK
  • EBBEFOS Holding A/S registered as owner (66.67%)
  • OJC ApS registered as owner (25%)
  • OJC ApS is no longer registered as owner
  • EBBEFOS Holding A/S is no longer registered as owner
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202217 changescapital 1 · management 8 · ownership 6 · accounts 1 · address 1
  • Share capital changed from 170,000 DKK to 340,000 DKK
  • Morten Ersbøll Ebbesen appointed board member
  • Jesper Lindahl-Berg appointed ceo
  • Mike Skouboe Eschen appointed director
  • David Packness Meyer appointed chair of the board
  • Jesper Lindahl-Berg stepped down as board member
  • Mike Skouboe Eschen stepped down as chair of the board
  • Lars Leikier stepped down as board member
  • OJC ApS registered as owner (33.33%)
  • EBBEFOS Holding A/S registered as owner (50%)
  • Jesper Lindahl-Berg stepped down as director
  • OJC ApS is no longer registered as owner
  • OJC ApS registered as owner (100%)
  • Lars Leikier is no longer registered as owner
  • OJC ApS is no longer registered as owner
  • Annual report for 2021 published
  • Moved to Skøjtevej 11, 2770 Kastrup
20211 changeaccounts 1
  • Annual report for 2020 published
20205 changescapital 1 · management 2 · address 1 · name 1
  • Share capital changed from 130,000 DKK to 170,000 DKK
  • Lars Johan Berg Nielsen appointed board member
  • Lars Binø stepped down as board member
  • Moved to Vesterbrogade 137, 1620 København V
  • Name changed from Black Iron Horse ApS to BLACK IRON HORSE APS
201916 changesownership 6 · name 1 · capital 1 · address 1 · industry 1 · founded 1 · management 5
  • OJC ApS registered as owner (90%)
  • Lars Binø is no longer registered as owner
  • OJC ApS is no longer registered as owner
  • Name changed from 1.5° ApS to Black Iron Horse ApS
  • Share capital changed from 50,000 DKK to 130,000 DKK
  • Moved to Vesterbrogade 137, 1620 København V
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
  • Registered as 1.5° ApS
  • Lars Binø appointed board member
  • Jesper Lindahl-Berg appointed director
  • Jesper Lindahl-Berg appointed board member
  • Mike Skouboe Eschen appointed chair of the board
  • Lars Leikier appointed board member
  • Lars Binø registered as owner (5%)
  • OJC ApS registered as owner (66.67%)
  • Lars Leikier registered as owner (5%)

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Same people in management

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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