Euro Gymnastic Equipments ApS
Private limited companyCVR 28329652RingstedActive
Euro Gymnastic Equipments ApS is a private limited company, based in Ringsted, active in wholesale of bicycles, sports goods and pleasure boats, founded in 2005. Net profit fell 98% from 2024 to 2025, ending at DKK 25,745.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 22% (2024 → 2025), to DKK 5.2m.
- Net profit fell 98% (2024 → 2025), to DKK 25,745.
- Equity rose 9% (2024 → 2025), to DKK 327k.
Employees
- 1 more employees than a year earlier: 11 (08/2026) against 10 (08/2025).
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 2018–2025 · amounts in DKK thousandEquity and net profit
| 2018 | 2019 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 2,849 | 2,784 | 6,634 | 5,200 | −21.6% |
| Operating profit (EBIT) | −1,539 | −2,020 | 1,447 | 305 | −78.9% |
| Profit before tax | −1,582 | −2,009 | 1,401 | 164 | −88.3% |
| Net profit | −1,582 | −2,009 | 1,622 | 26 | −98.4% |
| Total assets | 5,927 | 3,374 | 5,746 | 5,487 | −4.5% |
| Equity | 482 | −1,527 | 301 | 327 | +8.5% |
| Liabilities | 4,852 | 4,093 | 5,090 | 4,763 | −6.4% |
| Cash and cash equivalents | 27 | 1 | 120 | 90 | −25.3% |
| Average number of employees | – | 5 | 11 | 11 | 0% |
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 2018, 2019, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLow equity ratio
Equity makes up 6% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/09/2024 – 31/08/2025 | 27/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/09/2023 – 31/08/2024 | 29/11/2024 | The company | PDFXBRL |
| 2019 | 01/09/2018 – 31/08/2019 | 02/03/2020 | The company | PDFXBRL |
| 2018 | 01/09/2017 – 31/08/2018 | 26/02/2019 | The company | PDFXBRL |
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 CVRPosition in the industry
140 companies in the databaseComparison with the other companies in wholesale of bicycles, sports goods and pleasure boats based on the latest financial year.
Industry median: gross profit DKK 3.8m, net profit DKK 329k, equity DKK 3.3m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 12,775of 69,742 Better than 82% | No. 46,510of 69,964 Better than 34% |
| Same industry and fewer than 20 employees114 companies in the comparison | No. 40of 114 Better than 65% | No. 95of 114 Better than 17% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 9,523of 24,791 Better than 62% | No. 21,468of 24,909 Better than 14% |
| All companies of type ApS66,508 companies in the comparison | No. 13,211of 66,379 Better than 80% | No. 42,450of 66,505 Better than 36% |
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
Wholesale of bicycles, sports goods and pleasure boats- Euro Gymnastic Equipments ApSDKK 5.2m
- Oase Outdoors ApSDKK 103.6m
- Fairpoint Outdoors A/SDKK 98.8m
- Euro Gymnastic Equipments ApSDKK 25,745
- Oase Outdoors ApSDKK 18.5m
- Fairpoint Outdoors A/SDKK 13.4m
- Euro Gymnastic Equipments ApSDKK 327k
- Oase Outdoors ApSDKK 46.7m
- Fairpoint Outdoors A/SDKK 47.3m
- Euro Gymnastic Equipments ApS11
- Oase Outdoors ApS75
- Fairpoint Outdoors A/S76
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Shin Concept ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jakob Shin Søndergaard | Director | 01/01/2017 |
- Founders
- Karl Martin Damgaard
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karl Martin Damgaard | Board member | 21/01/2005 | 15/11/2011 |
| Karl Gunnar Bäckstrand | Board member | 21/01/2005 | 15/11/2011 |
| Karl Gunnar Bäckstrand | Director | 21/01/2005 | 01/03/2007 |
| Ester Ewa Maria Bäckstrand | Board member | 21/01/2005 | 15/11/2011 |
| Karl Martin Damgaard | Director | 01/03/2007 | 01/01/2017 |
Signing rule: Selskabet tegnes af en direktør
Address and production units
1 active production unitsAllikevej 10
4100 Ringsted
Ringsted Municipality · Postcode 4100
Other companies at the address (1)
- Scubagear ApSRetail sale of sports and leisure equipment
| Production unit | Address | Employees | P number |
|---|---|---|---|
| EURO GYMNASTIC EQUIPMENTS ApS | Allikevej 10, Havbyrd, 4100 Ringsted | 11 | 1011081416 |
Purpose
Selskabets formål er køb og salg, import og export
The purpose is quoted from the register in Danish.
Changes year by year
33 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20244 changesaccounts 1 · ownership 3
- AccountsAnnual report for 2024 published
- OwnershipSHIN CONCEPT ApS registered as owner (100%)
- OwnershipGET LUCKY ApS is no longer registered as owner
- OwnershipSHIN CONCEPT ApS is no longer registered as owner
20233 changesownership 3
- OwnershipSHIN CONCEPT ApS registered as owner (50%)
- OwnershipGET LUCKY ApS registered as owner (33.33%)
- OwnershipEuro Gymnastic Equipment AB is no longer registered as owner
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20191 changeaccounts 1
- AccountsAnnual report for 2018 published
20176 changesownership 4 · management 2
- OwnershipSHIN CONCEPT ApS is no longer registered as owner
- OwnershipMorten Elvstrøm is no longer registered as owner
- ManagementJakob Shin Søndergaard appointed director
- ManagementKarl Martin Damgaard stepped down as director
- OwnershipSHIN CONCEPT ApS registered as owner (25%)
- OwnershipKarl Martin Damgaard is no longer registered as owner
20113 changesmanagement 3
- ManagementKarl Martin Damgaard stepped down as board member
- ManagementKarl Gunnar Bäckstrand stepped down as board member
- ManagementEster Ewa Maria Bäckstrand stepped down as board member
20081 changeindustry 1
- IndustryIndustry changed to Wholesale of bicycles, sports goods and pleasure boats (464910)
20072 changesmanagement 2
- ManagementKarl Martin Damgaard appointed director
- ManagementKarl Gunnar Bäckstrand stepped down as director
20059 changesownership 3 · address 1 · management 4 · founded 1
- OwnershipMorten Elvstrøm registered as owner (25%)
- AddressMoved to Allikevej 10, Havbyrd, 4100 Ringsted
- ManagementKarl Martin Damgaard appointed board member
- ManagementKarl Gunnar Bäckstrand appointed board member
- ManagementKarl Gunnar Bäckstrand appointed director
- ManagementEster Ewa Maria Bäckstrand appointed board member
- FoundedRegistered as EURO GYMNASTIC EQUIPMENTS ApS
- OwnershipEuro Gymnastic Equipment AB registered as owner (100%)
- OwnershipEuro Gymnastic Equipment AB is no longer registered as owner
19922 changesownership 2
- OwnershipKarl Martin Damgaard registered as owner (25%)
- OwnershipEuro Gymnastic Equipment AB registered as owner (50%)
Related companies
Largest in the industry
- Oase Outdoors ApSDKK 103.6m
- Fairpoint Outdoors A/SDKK 98.8m
- Select Sport A/SDKK 75.7m
- Outfit International A/SDKK 67.8m
- Abus Nordic A/SDKK 51.6m
- Svendsen Sport A/SDKK 50.7m
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.