Givskov Cykler A/S
Public limited companyCVR 15264233SkiveActive
Givskov Cykler A/S is a public limited company, based in Skive, active in retail sale of bicycles, founded in 1991. Net profit fell 67% from 2024 to 2025, ending at DKK 172k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 14% (2024 → 2025), to DKK 2.3m.
- Net profit fell 67% (2024 → 2025), to DKK 172k.
- Equity fell 3% (2024 → 2025), to DKK 3m.
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of bicycles (476320)
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 2019–2025 · amounts in DKK thousandEquity and net profit
| 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,676 | 2,581 | 2,446 | 2,142 | 2,657 | 2,298 | −13.5% |
| Operating profit (EBIT) | −2 | 890 | 706 | 347 | 671 | 221 | −67.2% |
| Profit before tax | −6 | 879 | 685 | 314 | 670 | 222 | −66.9% |
| Net profit | −5 | 686 | 534 | 242 | 522 | 172 | −67% |
| Total assets | 3,340 | 4,195 | 4,713 | 4,491 | 4,283 | 4,595 | +7.3% |
| Equity | 1,420 | 2,107 | 2,672 | 2,643 | 3,041 | 2,953 | −2.9% |
| Liabilities | 1,919 | 2,082 | 2,040 | 1,848 | 1,243 | 1,641 | +32% |
| Cash and cash equivalents | 430 | 886 | 13 | 1,086 | 1,294 | 1,028 | −20.5% |
| Average number of employees | 6 | 6 | 8 | 8 | 8 | 5 | −37.5% |
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 2019, 2020, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2021 (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 figuresProfit for five years in a row
Net result has been positive in 2020–2025.
How is this calculated?
Net result is positive in the five 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 08/11/2025 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 05/11/2024 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 12/12/2023 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 16/03/2023 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/12/2021 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 27/04/2020 | 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
217 companies in the databaseComparison with the other companies in retail sale of bicycles based on the latest financial year.
Industry median: gross profit DKK 1.6m, net profit DKK 113k, equity DKK 868k, 3 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. 28,047of 69,742 Better than 60% | No. 19,533of 69,964 Better than 72% |
| Same industry and fewer than 20 employees204 companies in the comparison | No. 68of 204 Better than 67% | No. 31of 204 Better than 85% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 7,080of 10,152 Better than 30% | No. 7,226of 10,275 Better than 30% |
| All companies of type A/S18,025 companies in the comparison | No. 14,351of 17,786 Better than 19% | No. 13,384of 18,024 Better than 26% |
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
Retail sale of bicycles- Givskov Cykler A/SDKK 2.3m
- Skatepro ApSDKK 58.5m
- Cykelgear A/SDKK 42.2m
- Givskov Cykler A/SDKK 172k
- Skatepro ApSDKK 6.7m
- Cykelgear A/SDKK 4.5m
- Givskov Cykler A/SDKK 3m
- Skatepro ApSDKK 91.2m
- Cykelgear A/SDKK 25.1m
- Givskov Cykler A/S5
- Skatepro ApS118
- Cykelgear A/S108
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- MG Jebjerg ApS50%
- Chipchap Holding ApS20%
- René L. P. Holding ApS20%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Givskov Jensen | Director | 23/03/2002 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Søren Kristian Andersen | Board member | 10/04/2006 |
| Michael Givskov Jensen | Board member | 01/07/2008 |
| René Lind Pedersen | Board member | 01/07/2008 |
- Founders
- Erik Fruergaard Eriksen
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Kim Madsen | Director | 22/09/2000 | 30/10/2000 |
| Erik Fruergaard Eriksen | Director | 23/03/2002 | 23/03/2002 |
| Gunnar Henry Asmussen | Board member | 10/04/2006 | 10/04/2006 |
| Erik Fruergaard Eriksen | Board member | 10/04/2006 | 01/07/2008 |
| Søren Kristian Andersen | Director | 10/04/2006 | 10/04/2006 |
Signing rule: Selskabet tegnes af en direktør alene eller af den samlede bestyrelse.
Address and production units
1 active production unitsViborgvej 21B
7800 Skive
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GIVSKOV CYKLER A/S | Viborgvej 21B, 7800 Skive | 5 | 1009707545 |
Purpose
Selskabets formål er at drive handel med og at servicere cykler og cykeludstyr
The purpose is quoted from the register in Danish.
Changes year by year
35 registered events20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Retail sale of bicycles (476320)
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20232 changesaccounts 2
- AccountsAnnual report for 2023 published
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20134 changesownership 3 · address 1
- OwnershipCHIPCHAP HOLDING ApS registered as owner (20%)
- OwnershipRENÉ L. P. HOLDING ApS registered as owner (20%)
- AddressMoved to Viborgvej 21B, 7800 Skive
- OwnershipMG JEBJERG ApS registered as owner (50%)
20083 changesmanagement 3
- ManagementRené Lind Pedersen appointed board member
- ManagementMichael Givskov Jensen appointed board member
- ManagementErik Fruergaard Eriksen stepped down as board member
20071 changeaddress 1
- AddressMoved to Østergade 35, Jebjerg, 7870 Roslev
20066 changesmanagement 6
- ManagementErik Fruergaard Eriksen appointed board member
- ManagementSøren Kristian Andersen appointed director
- ManagementSøren Kristian Andersen stepped down as director
- ManagementGunnar Henry Asmussen appointed board member
- ManagementGunnar Henry Asmussen stepped down as board member
- ManagementSøren Kristian Andersen appointed board member
20027 changesaddress 2 · name 1 · capital 1 · management 3
- AddressMoved to Østergade 35, Jebjerg, 7870 Roslev
- NameName changed from SKIVE RACING SPORT ApS to GIVSKOV CYKLER A/S
- AddressMoved to Østergade 351,
- CapitalShare capital changed from 125,000 DKK to 500,000 DKK
- ManagementErik Fruergaard Eriksen appointed director
- ManagementErik Fruergaard Eriksen stepped down as director
- ManagementMichael Givskov Jensen appointed director
20005 changesindustry 1 · management 2 · name 2
- IndustryIndustry changed to Cykel- og knallertforretninger (524860)
- ManagementKim Madsen stepped down as director
- NameName changed from BORUP U. ÆNDRING ApS to SKIVE RACING SPORT ApS
- ManagementKim Madsen appointed director
- NameName changed from BORUP MASKINSTATION ApS to BORUP U. ÆNDRING ApS
19961 changecapital 1
- CapitalShare capital changed from 80,000 DKK to 125,000 DKK
19911 changefounded 1
- FoundedRegistered as BORUP MASKINSTATION ApS
Related companies
Same people in management
- Con-lens ApSvia Kim Foldbjerg
- Erigo A/Svia Erik Fruergaard Eriksen
Largest in the industry
- Skatepro ApSDKK 58.5m
- Cykelgear A/SDKK 42.2m
- Lindebjerg A/SDKK 38m
- Speedline A/SDKK 29.4m
- Fri Bikeshop ApSDKK 29.3m
- Cykelexperten.dk A/SDKK 19.7m
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.