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Recycles ApS

Private limited companyCVR 34713030København VActive

Recycles ApS is a private limited company, based in København V, active in retail sale of bicycles, founded in 2012. Equity was negative at the end of 2025 (−DKK 417k). Net profit fell 94% from 2024 to 2025, ending at DKK 4,537.

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Key figures · financial year 2025

Gross profitDKK 1.8m−3.3% vs. 2024
Net profitDKK 4,537−93.5% vs. 2024
Equity−DKK 417k+1.1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 1.8m.
  • Net profit fell 94% (2024 → 2025), to DKK 4,537.

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 500k−DKK 400k−DKK 300k−DKK 200k−DKK 100kDKK 0DKK 100kDKK 200kDKK 300k202020212022202320242025
EquityNet profit
Financial figures for Recycles ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,4041,5371,7451,6051,8221,761−3.3%
Operating profit (EBIT)1559−72−2387470−4.6%
Profit before tax110−57−121−3427058−17.7%
Net profit97−46−121−342705−93.5%
Total assets1,6151,9762,0131,6391,6721,685+0.8%
Equity268222101−242−421−417+1.1%
Liabilities1,3471,7541,9131,8802,0932,102+0.4%
Cash and cash equivalents621081671126673+10.3%
Average number of employees4444440%

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 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6mDKK 1.8m202020212022202320242025
Gross profitMedian, the industry (217 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 417k at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Recycles ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202428/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202228/06/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202107/07/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202021/06/2021The companyPDF not statedXBRL

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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 1.8mNo. 100 of 217
Better than 54% of the companies in the industry
Equity−DKK 417kNo. 196 of 217
Better than 10% of the companies in the industry
Number of employees4No. 85 of 217
Better than 61% 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. 33,578of 69,742
Better than 52%
No. 65,355of 69,964
Better than 7%
Same industry and fewer than 20 employees204 companies in the comparison
No. 87of 204
Better than 58%
No. 184of 204
Better than 10%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 18,111of 33,588
Better than 46%
No. 30,898of 33,687
Better than 8%
All companies of type ApS66,508 companies in the comparison
No. 32,481of 66,379
Better than 51%
No. 61,798of 66,505
Better than 7%

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. Recycles ApSDKK 1.8m
  2. Skatepro ApSDKK 58.5m
  3. Cykelgear A/SDKK 42.2m
Net profit
  1. Recycles ApSDKK 4,537
  2. Skatepro ApSDKK 6.7m
  3. Cykelgear A/SDKK 4.5m
Equity
  1. Recycles ApS−DKK 417k
  2. Skatepro ApSDKK 91.2m
  3. Cykelgear A/SDKK 25.1m
Employees
  1. Recycles ApS4
  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
  • Mikkel Due100%
Recycles ApS

Management

1 active registrations

Executive management

Executive management at Recycles ApS
NameRoleAppointed
Mikkel DueDirector01/03/2014
Founders
Helle Haugaard
Former management (3)
Former management at Recycles ApS
NameRoleAppointedResigned
Helle HaugaardDirector01/10/201203/10/2012
Henrik Krøldrup StorlandDirector03/10/201222/12/2014
Claus HjelmDirector03/10/201201/05/2019

Signing rule: Selskabet tegnes af direktionen

Address and production units

2 active production units

Dybbølsgade 59
1721 København V

København Municipality · Postcode 1721

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
RECYCLES ApSDybbølsgade 59, 1721 København V41017964735
Cykeludlejning Urban HouseColbjørnsensgade 11, 1652 København V11020197184

Purpose

Selskabets formål er at drive vintage cykelforretning og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

23 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)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20194 changesmanagement 1 · ownership 3
  • Claus Hjelm stepped down as director
  • Mikkel Due registered as owner (100%)
  • Claus Hjelm is no longer registered as owner
  • Mikkel Due is no longer registered as owner
20145 changescapital 1 · management 2 · ownership 2
  • Share capital changed from 80,000 DKK to 120,000 DKK
  • Henrik Krøldrup Storland stepped down as director
  • Mikkel Due registered as owner (50%)
  • Claus Hjelm registered as owner (50%)
  • Mikkel Due appointed director
20127 changesaddress 1 · name 1 · management 4 · founded 1
  • Moved to Dybbølsgade 59, 1721 København V
  • Name changed from ApS KDF NR. 1093 to RECYCLES ApS
  • Henrik Krøldrup Storland appointed director
  • Claus Hjelm appointed director
  • Helle Haugaard stepped down as director
  • Registered as ApS KDF NR. 1093
  • Helle Haugaard appointed director

Related companies

Same industry in København

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Same people in management

Largest in the industry

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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