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2M Cycling Elite ApS
APS
Active
CVR 43618830
Rådhusvej 51
Sports activities n.e.c. · NACE 9319
Est. 2022
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 45K
-797% vs 2023
EBITDA margin
100.0%
+797% vs 2023
Equity ratio
9.7%
Financial strength
Net profit 2024
DKK 31K
+390% vs 2023
EBITDA — year on year
DKK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
DKK 45K
-797%
EBITDA
DKK 45K
+797%
Net profit
DKK 31K
+390%
Total assets
DKK 623K
+5%
Equity
DKK 60K
+105%
Employees
—
—
Company information
Legal name
2M Cycling Elite ApS
CVR number
43618830
Legal form
Anpartsselskab
NACE code
9319 · Sports activities n.e.c.
Founded
2. november 2022
Share capital
DKK 40.000
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren.
Company purpose
Virksomhedens formål er at drive cykelteam, udvikle cykeltalenter, køb og salg af cykler og udstyr og salg af sponsorater.
Contact
Address
Rådhusvej 51
Email
martinflindt@2mcycling.com
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Companies in Sports activities n.e.c.
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Revenue
DKK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
EBITDA
DKK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
DKK thousands
Item
2023
2024
Revenue
-6
45
Staff expenses
-0
-0
EBITDA
-6
45
Depreciation & amort.
-6
-6
EBIT
-13
39
Net financials
0
0
Profit before tax
-12
40
Tax
-2
9
Net profit
-11
31
Balance sheet
DKK thousands
Item
2023
2024
Total assets
591
623
Equity
29
60
Long-term debt
0
0
Short-term debt
562
556
Total debt
562
556
Financial ratios
5-year trend
EBITDA margin
100.0%
This company
15.8%
Market median
+533% vs market
2023
2024
Equity ratio
9.7%
This company
38.2%
Market median
-75% vs market
2023
2024
Return on equity
51.2%
This company
18.4%
Market median
+178% vs market
2023
2024
Net profit margin
68.0%
This company
8.1%
Market median
+740% vs market
2023
2024
Asset turnover
0.07×
This company
1.12×
Market median
-94% vs market
2023
2024
Debt / equity
9.35×
This company
0.62×
Market median
-1408% vs market
2023
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-11-02 – 2023-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Martin Flindt Møller
Individual
100%
100%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of 2M Cycling Elite ApS also hold positions in
0
other companies.
Person
Role here
Other companies