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CYCLE SERVICE NORDIC AS
AS
Active
Org 996663353
Skuiveien 43, 1339 Vøyenenga
Wholesale of other household goods · NACE 4649
Est. 2011
6 employees
www.cycleservicenordic.com
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 81M
+2% vs 2023
EBITDA margin
2.1%
+4% vs 2023
Equity ratio
11.6%
Financial strength
Net profit 2024
NOK 899K
-6% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
2M
2020
2M
0%
2021
2M
0%
2022
2M
0%
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 81M
+2%
EBITDA
NOK 1,7M
+4%
Net profit
NOK 899K
-6%
Total assets
NOK 79,2M
+504%
Equity
NOK 9,2M
+11%
Employees
6
—
Company information
Legal name
CYCLE SERVICE NORDIC AS
Org number
996663353
Legal form
Aksjeselskap
NACE code
4649 · Wholesale of other household goods
Founded
11. mars 2011
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Company purpose
Import og salg av sykkeldeler til grossister og sykkelbutikker, samt oppgaver som hører naturlig sammen med dette m.m.
Contact
Address
Skuiveien 43, 1339 Vøyenenga
Website
www.cycleservicenordic.com
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Companies in Wholesale of other household goods
Companies in Bærum
All Norway companies
Revenue
NOK millions
0M
28M
55M
83M
110M
86M
2020
96M
2021
90M
2022
79M
2023
81M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
2M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
86 131
95 818
89 588
79 035
80 990
Staff expenses
−3 083
−3 179
−3 399
−3 755
−3 902
EBITDA
1 721
1 722
1 819
1 600
1 668
Depreciation & amort.
−0
−12
−28
−36
−24
EBIT
1 721
1 710
1 791
1 564
1 644
Net financials
−252
−330
−469
−302
−506
Profit before tax
1 469
1 380
1 322
1 262
1 138
Tax
327
304
291
310
239
Net profit
1 141
1 076
1 031
952
899
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
18 695
10 567
16 870
13 101
79 177
Equity
5 194
6 271
7 302
8 254
9 153
Long-term debt
0
0
0
0
0
Short-term debt
13 500
4 296
9 568
4 847
70 024
Total debt
13 500
4 296
9 568
4 847
70 024
Financial ratios
5-year trend
EBITDA margin
2.1%
This company
15.8%
Market median
-87% vs market
2020
2024
Equity ratio
11.6%
This company
38.2%
Market median
-70% vs market
2020
2024
Return on equity
9.8%
This company
18.4%
Market median
-47% vs market
2020
2024
Net profit margin
1.1%
This company
8.1%
Market median
-86% vs market
2020
2024
Asset turnover
1.02×
This company
1.12×
Market median
+9% vs market
2020
2024
Debt / equity
7.65×
This company
0.62×
Market median
-1134% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
BB
Bo Bækkelund
Chairman
2016
RS
Rune Stendahl
Chairman
2026
Former (1)
CC
Carl Christoffer Cederqvist
Board of Directors
2016 – 2025
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Cycle Service Nordic Aps
Company
100%
100%
2024
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of CYCLE SERVICE NORDIC AS also hold positions in
0
other companies.
Person
Role here
Other companies
Bo Bækkelund
Chairman
0 companies
Carl Christoffer Cederqvist
Board of Directors
0 companies
Rune Stendahl
Chairman
0 companies