Varsø ApS
Private limited companyCVR 41496991FredericiaActive
Varsø ApS is a private limited company, based in Fredericia, active in retail sale of bicycles, founded in 2020. Net profit fell 42% from 2025 to 2026, ending at DKK 265k. Operations are spread over 3 production units in 3 towns. With 9 employees, the company is about 3 times larger than the industry median.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Gross profit rose 31% (2025 → 2026), to DKK 4.6m.
- Net profit fell 42% (2025 → 2026), to DKK 265k.
- Equity rose 12% (2025 → 2026), to DKK 2.4m.
Employees
- 1 more employees than a year earlier: 9 (07/2026) against 8 (07/2025).
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 2021–2026 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 20 | 607 | 1,602 | 2,634 | 3,501 | 4,583 | +30.9% |
| Operating profit (EBIT) | 20 | – | – | 1,640 | 755 | 542 | −28.2% |
| Profit before tax | −6 | 390 | 1,053 | 1,585 | 598 | 341 | −43% |
| Net profit | −5 | 304 | 820 | 1,232 | 460 | 265 | −42.4% |
| Total assets | 388 | 910 | 2,440 | 4,583 | 7,357 | 7,575 | +3% |
| Equity | 65 | 368 | 1,188 | 2,120 | 2,180 | 2,445 | +12.2% |
| Liabilities | 323 | 542 | 1,252 | 2,424 | 5,116 | 5,090 | −0.5% |
| Cash and cash equivalents | 2 | 200 | 5 | 151 | 177 | 18 | −89.8% |
| Average number of employees | 2 | 2 | 2 | 3 | 6 | 6 | 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 2021, 2022, 2023, 2024, 2025, 2026: 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
Signals from the financial statements
calculated from the 2026 figuresProfit for five years in a row
Net result has been positive in 2022–2026.
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 |
|---|---|---|---|---|
| 2026 | 01/10/2025 – 30/09/2026 | 23/10/2026 | The company | PDF not statedXBRL |
| 2025 | 01/10/2024 – 30/09/2025 | 17/01/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 04/02/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 22/01/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 27/02/2023 | The company | PDFXBRL |
| 2021 | 06/07/2020 – 30/09/2021 | 03/12/2021 | 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. 14,811of 69,742 Better than 79% | No. 21,770of 69,964 Better than 69% |
| Same industry and fewer than 20 employees204 companies in the comparison | No. 13of 204 Better than 94% | No. 39of 204 Better than 81% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 9,312of 33,579 Better than 72% | No. 9,590of 33,678 Better than 72% |
| All companies of type ApS66,508 companies in the comparison | No. 15,054of 66,379 Better than 77% | No. 18,102of 66,505 Better than 73% |
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- Varsø ApSDKK 4.6m
- Skatepro ApSDKK 58.5m
- Cykelgear A/SDKK 42.2m
- Varsø ApSDKK 265k
- Skatepro ApSDKK 6.7m
- Cykelgear A/SDKK 4.5m
- Varsø ApSDKK 2.4m
- Skatepro ApSDKK 91.2m
- Cykelgear A/SDKK 25.1m
- Varsø ApS9
- 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- R.Lederballe Holding ApS50%
- MADWAR Holding ApS50%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mads Sinding Christiansen Warncke | Director | 06/07/2020 |
| Rasmus Lederballe Sørensen | Director | 06/07/2020 |
- Founders
- R.Lederballe Holding ApS, MADWAR Holding ApS
Signing rule: Selskabet tegnes af direktionen i forening.
Address and production units
3 active production unitsKaretmagervej 5A
7000 Fredericia
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Varsø ApS | Karetmagervej 5A, Snoghøj, 7000 Fredericia | 6 | 1026006550 |
| Varsø Aalborg | Nibevej 20A, 9200 Aalborg SV | – | 1031947851 |
| Varsø Albertslund | Rydagervej 29, 2620 Albertslund | – | 1031070550 |
Purpose
Selskabets formål er at drive virksomhed med salg og reparation af el-scootere og andre hjælpemidler, samt enhver i forbindelse hermed stående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
14 registered events20262 changesaccounts 2
- AccountsAnnual report for 2026 published
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of bicycles (476320)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaddress 1
- AddressMoved to Karetmagervej 5A, Snoghøj, 7000 Fredericia
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20206 changesaddress 1 · founded 1 · management 2 · ownership 2
- AddressMoved to Industrivej 18, 7000 Fredericia
- FoundedRegistered as Varsø ApS
- ManagementMads Sinding Christiansen Warncke appointed director
- ManagementRasmus Lederballe Sørensen appointed director
- OwnershipR.Lederballe Holding ApS registered as owner (50%)
- OwnershipMADWAR Holding ApS registered as owner (50%)
Related companies
Same industry in Fredericia
- Fri Bikeshop Fredericia ApS7 employees
- Gandrup Bikes ApS3 employees
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.