VELAR Trading ApS
Private limited companyCVR 42923702PandrupActive
VELAR Trading ApS is a private limited company, based in Pandrup, active in retail sale of bicycles, founded in 2021. Net profit fell 97% from 2024 to 2025, ending at DKK 1,504.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 62% (2024 → 2025), to DKK 28,127.
- Net profit fell 97% (2024 → 2025), to DKK 1,504.
Management and owners, last 24 months
- New in management: Lars Bugge Kronborg (director, 01/07/2025).
- Stepped down: Esben Kronborg Veggerby (ceo, 01/07/2025).
Registrations, last 24 months
- 01/10/2026: Moved to Skolevej 17A, 9490 Pandrup
- 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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | 140 | 119 | 74 | 28 | −61.8% |
| Operating profit (EBIT) | 134 | 99 | 67 | 7 | −89.1% |
| Profit before tax | 133 | 95 | 63 | 3 | −95.8% |
| Net profit | 102 | 74 | 48 | 2 | −96.9% |
| Total assets | 194 | 303 | 343 | 417 | +21.4% |
| Equity | 142 | 216 | 264 | 266 | +0.6% |
| Liabilities | 51 | 87 | 79 | 151 | +90.9% |
| Cash and cash equivalents | 27 | 12 | 9 | 2 | −77.3% |
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 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
Annual reports
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 01/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/06/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/05/2024 | The company | PDF not statedXBRL |
| 2022 | 21/12/2021 – 31/12/2022 | 20/04/2023 | The company | PDF 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 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. 62,205of 69,742 Better than 11% | No. 48,267of 69,964 Better than 31% |
| Same industry and fewer than 20 employees204 companies in the comparison | No. 199of 204 Better than 2% | No. 149of 204 Better than 27% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 14,780of 16,614 Better than 11% | No. 7,690of 16,661 Better than 54% |
| All companies of type ApS66,508 companies in the comparison | No. 59,792of 66,379 Better than 10% | No. 44,277of 66,505 Better than 33% |
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- VELAR Trading ApSDKK 28,127
- Skatepro ApSDKK 58.5m
- Cykelgear A/SDKK 42.2m
- VELAR Trading ApSDKK 1,504
- Skatepro ApSDKK 6.7m
- Cykelgear A/SDKK 4.5m
- VELAR Trading ApSDKK 266k
- Skatepro ApSDKK 91.2m
- Cykelgear A/SDKK 25.1m
- VELAR Trading ApS2
- 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- Lars Bugge Kronborg66.67%
- Fuglsang 26 ApS20%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Bugge Kronborg | Director | 01/07/2025 |
- Founders
- Fuglsang 26 ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Esben Kronborg Veggerby | CEO | 21/12/2021 | 01/07/2025 |
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsSkolevej 17A
9490 Pandrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| VELAR Trading ApS | Skolevej 17A, 9490 Pandrup | 2 | 1027835224 |
Purpose
Selskabets formål er at drive handel og anden hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20262 changesaddress 1 · accounts 1
- AddressMoved to Skolevej 17A, 9490 Pandrup
- AccountsAnnual report for 2025 published
20254 changesmanagement 2 · accounts 1 · industry 1
- ManagementLars Bugge Kronborg appointed director
- ManagementEsben Kronborg Veggerby stepped down as ceo
- 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
20224 changesownership 3 · address 1
- OwnershipLars Bugge Kronborg registered as owner (66.67%)
- OwnershipFuglsang 26 ApS registered as owner (20%)
- OwnershipFuglsang 26 ApS is no longer registered as owner
- AddressMoved to Jens Lunds Vej 7, 9310 Vodskov
20213 changesfounded 1 · management 1 · ownership 1
- FoundedRegistered as VELAR Trading ApS
- ManagementEsben Kronborg Veggerby appointed ceo
- OwnershipFuglsang 26 ApS registered as owner (100%)
Related companies
Same people in management
- Netkiosken.dk ApSvia Lars Bugge Kronborg
- Netkiosken.dk, Kayerødsgade ApSvia Lars Bugge Kronborg
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.