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Madsens Cykler ApS

Private limited companyCVR 10086264KalundborgActive

Madsens Cykler ApS is a private limited company, based in Kalundborg, active in retail sale of bicycles, founded in 2002. Net profit rose 17% from 2024 to 2025, ending at DKK 1.6m. Profit has grown three years in a row. Equity grew to DKK 3.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 3.5m+15.7% vs. 2024
Net profitDKK 1.6m+17.3% vs. 2024
EquityDKK 3.2m+78.1% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 3.5m.
  • Net profit rose 17% (2024 → 2025), to DKK 1.6m.
  • Equity rose 78% (2024 → 2025), to DKK 3.2m.

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3m202020212022202320242025
EquityNet profit
Financial figures for Madsens Cykler ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,9861,9761,9982,4683,0503,527+15.7%
Operating profit (EBIT)9519637938301,783––
Profit before tax9329728088421,7412,042+17.3%
Net profit7257616416451,3581,593+17.3%
Total assets2,4503,3343,6844,3514,7325,334+12.7%
Equity1,4702,2312,3723,0171,7833,176+78.1%
Liabilities9801,1031,3121,3302,9452,159−26.7%
Cash and cash equivalents5783664414011,6852,147+27.4%
Average number of employees3333330%

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
Gross profitMedian, the industry (217 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    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
Annual reports for Madsens Cykler ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202418/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202105/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/07/2021The 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
0123409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

217 companies in the database

Comparison with the other companies in retail sale of bicycles based on the latest financial year.

Gross profitDKK 3.5mNo. 41 of 217
Better than 81% of the companies in the industry
EquityDKK 3.2mNo. 38 of 217
Better than 83% of the companies in the industry
Number of employees3No. 109 of 217
Better than 50% of the companies in the industry

Industry median: gross profit DKK 1.6m, net profit DKK 113k, equity DKK 868k, 3 employees.

DKK 100kDKK 492kDKK 2.4mDKK 11.9mDKK 34.4mHere
Distribution of gross profit for 212 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 fewer than 20 employees69,967 companies in the comparison
No. 19,473of 69,742
Better than 72%
No. 18,700of 69,964
Better than 73%
Same industry and fewer than 20 employees204 companies in the comparison
No. 28of 204
Better than 87%
No. 28of 204
Better than 87%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 11,949of 24,791
Better than 52%
No. 12,041of 24,909
Better than 52%
All companies of type ApS66,508 companies in the comparison
No. 19,383of 66,379
Better than 71%
No. 15,280of 66,505
Better than 77%

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
Gross profit
  1. Madsens Cykler ApSDKK 3.5m
  2. Skatepro ApSDKK 58.5m
  3. Cykelgear A/SDKK 42.2m
Net profit
  1. Madsens Cykler ApSDKK 1.6m
  2. Skatepro ApSDKK 6.7m
  3. Cykelgear A/SDKK 4.5m
Equity
  1. Madsens Cykler ApSDKK 3.2m
  2. Skatepro ApSDKK 91.2m
  3. Cykelgear A/SDKK 25.1m
Employees
  1. Madsens Cykler ApS3
  2. Skatepro ApS118
  3. 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
Owners
  • HD Holding Kalundborg ApS50%
  • JN Holding Kalundborg ApS33.33%
Madsens Cykler ApS

Management

1 active registrations

Executive management

Executive management at Madsens Cykler ApS
NameRoleAppointed
Henrik DjernisDirector01/01/2009
Founders
Pia Jensen
Former management (1)
Former management at Madsens Cykler ApS
NameRoleAppointedResigned
Søren Abel JensenDirector19/06/200201/01/2009

Signing rule: Selskabet tegnes af een direktør.

Address and production units

1 active production units

Elmegade 42
4400 Kalundborg

Kalundborg Municipality · Postcode 4400

Production units
Production unitAddressEmployeesP number
MADSENS CYKLER ApSElmegade 42, 4400 Kalundborg31009224447

Purpose

Selskabets formål er handel, industri og håndværk.

The purpose is quoted from the register in Danish.

Changes year by year

18 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of bicycles (476320)
20243 changesaccounts 1 · capital 1 · ownership 1
  • Annual report for 2023 published
  • Share capital changed from 255,000 DKK to 425,000 DKK
  • JN Holding Kalundborg ApS registered as owner (33.33%)
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20111 changeaddress 1
  • Moved to Elmegade 42, 4400 Kalundborg
20093 changesmanagement 2 · ownership 1
  • Henrik Djernis appointed director
  • Søren Abel Jensen stepped down as director
  • HD HOLDING KALUNDBORG ApS registered as owner (50%)
20071 changeaddress 1
  • Moved to Skibbrogade 17, 4400 Kalundborg
20041 changecapital 1
  • Share capital changed from 130,000 DKK to 255,000 DKK
20023 changesname 1 · management 1 · founded 1
  • Name changed from MADSENS CYKLER ApS UNDER STIFTELSE to MADSENS CYKLER ApS
  • Søren Abel Jensen appointed director
  • Registered as MADSENS CYKLER ApS UNDER STIFTELSE

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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.

View in CVRReport a correction