Risk grade updatedRisk gradeEvidence verified
18 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Business profile
Cycle Service Nordic OY
Cycle Service Nordic OY was declared bankrupt 2026-08-19. In its latest retained statement for 2024-12-31, revenue was €6,530,123 and operating profit was €111,515.
Business ID 2413938-1BANKRUPTCYUnclaimed company profile
Trusted core data
Public company details from the trade register.
- Business ID
- 2413938-1
- Sector
- Wholesale of sports goods
- Municipality
- Tampere
- Company form
- Limited company
- Registration date
- 2011-06-22
- Business ID registration date
- 2011-06-13
- Business status
- BANKRUPTCY
- Profile ownership
- Unclaimed company profile
Contact and location summary
Visiting address: Tietohallinnonkatu 17, 33840, Tampere
Postal address: Vahdontie 17, 20360, Turku
Phone: +358102733233Source observation
Email: [email protected]Source observation
Website: https://www.cycleservicenordic.com/fiSource observation
Instagram profile: https://www.instagram.com/cycleservicenordicSource: company website
Linkedin profile: https://www.linkedin.com/company/cycle-service-nordicSource: company website
Facebook profile: https://www.facebook.com/CycleServiceNordicSource: company website
People and decision-makers
Katja Grønlund BorchDecision-maker
Email: Email available for logged-in usersSource: company website
Kim Gerhard HolmLogistics Manager Nordics
Email: Email available for logged-in usersSource: company website
Anders KristensenB2B Market Manager
Email: Email available for logged-in usersSource: company website
Kasper Lund HansenDecision-maker
Email: Email available for logged-in usersSource: company website
Uffe LundDecision-maker
Email: Email available for logged-in usersSource: company website
Anette ChristophersenDecision-maker
Email: Email available for logged-in usersSource: company website
Kasper JebjergPurchase Manager
Email: Email available for logged-in usersSource: company website
Marie Juul MoltrupNordic Marketing Manager
Email: Email available for logged-in usersSource: company website
Martin Ringsted LarsenDecision-maker
Email: Email available for logged-in usersSource: company website
Katrine LyngeSales Assistant
Email: Email available for logged-in usersSource: company website
Line RasmussenSales Assistant
Email: Email available for logged-in usersSource: company website
Jan BladtDecision-maker
Email: Email available for logged-in usersSource: company website
Mikkel HouDecision-maker
Email: Email available for logged-in usersSource: company website
Anders NordtorpService Manager
Email: Email available for logged-in usersSource: company website
Preben PoulsenKey Account Manager
Email: Email available for logged-in usersSource: company website
Lars TherpSales Consultant P&A and Bikes
Email: Email available for logged-in usersSource: company website
Klaus VesterlundSales Consultant P&A and Bikes
Email: Email available for logged-in usersSource: company website
Flemming ChroneCountry Manager & Nordic Head of P&A
Email: Email available for logged-in usersSource: company website
Direct contact details available for logged-in usersSome person-level contact details are shown only to registered users. The data is based on public sources, such as the company's own website.Log in to view decision-maker contact details
About Cycle Service Nordic OY
Financial position and key figures for the company.
Cycle Service Nordic OY was declared bankrupt 2026-08-19. In its latest retained statement for 2024-12-31, revenue was €6,530,123 and operating profit was €111,515. The latest retained financial statement for 2024-12-31 shows revenue of €6,530,123 and profit for the financial year of €18,645. Based on the latest retained statement, revenue growth was +1.2%, operating margin was +1.6%, and equity ratio was +19.5%.
Financial highlights
Key figures from the latest financial period.
Latest financial period
2024-12-31
0
0
Enriched source observation
Derived indicators
Revenue growth1.2%
Operating margin1.6%
Equity ratio19.5%
Revenue€6,530,123+€77,469 (+1.2%) vs previous periodPrevious: €6,452,654
Operating profit (loss)€111,515-€803 (-0.7%) vs previous periodPrevious: €112,318
Profit (loss) for the financial year€18,645-€29,422 (-61.2%) vs previous periodPrevious: €48,067
Assets€1,946,713+€1,024,078 (+111.0%) vs previous periodPrevious: €922,635
Balance-sheet contextLatest financial period
Profit before taxes€41,346Previous: €54,157
Employees7Previous: 7
Revenue trend4 periods
€7,446,713
2021-12-31
€8,566,884
2022-12-31
€6,452,654
2023-12-31
€6,530,123
2024-12-31
Operating profit (loss) trend4 periods
€116,401
2021-12-31
€157,860
2022-12-31
€112,318
2023-12-31
€111,515
2024-12-31
Profit (loss) for the financial year trend4 periods
€64,238
2021-12-31
€78,466
2022-12-31
€48,067
2023-12-31
€18,645
2024-12-31
Assets trend4 periods
€701,404
2021-12-31
€1,628,129
2022-12-31
€922,635
2023-12-31
€1,946,713
2024-12-31
Financial ratios
Financial ratios based on financial statement data. Source: Rikastettu lähdehavainto.
Equity ratioPassable
24/100 · Declining
Current ratioNot assessable
0/100 · Trend unavailable
Operating profit marginPassable
54/100 · Declining
Ratio history
| Ratio | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Equity ratio | 33.5 % | 19.2 % | 39.1 % | 19.5 % |
| Current ratio | - | - | - | - |
| Operating profit margin | 1.6 % | 1.8 % | 1.7 % | 1.6 % |
Registry status and identifiers
Current registry information and identifiers based on YTJ data.
YTJ statusBANKRUPTCY
Trade RegisterRegistered
Business ID2413938-1
VAT IDFI24139381
EU IDFIFPRO.2413938-1
MunicipalityTampere
Current registered entries
2011-06-01Registered in Tax Administration (Employer Register)
2011-06-01VAT-liable for business activity in Tax Administration (VAT Register)
2011-06-13Registered in Tax Administration (Prepayment Register)
2011-06-22Registered in Patent and Registration Office (Trade Register)
2011-06-30Registered in Tax Administration (Tax Administration)
Responsible people
Public role relationships materialized from source observations.
Direct contact details available for logged-in users.
Mikkonen Riku-PekkaToimitusjohtajaSources: 4 · Confidence: 78%
Alf Christian EngströmHallituksen puheenjohtaja (5/2026)Sources: 3 · Confidence: 76%
Per Jonas NilssonHallitus: puheenjohtajaSources: 1 · Confidence: 76%
Mikkonen Riku-PekkaVarsinainen jäsenSources: 2 · Confidence: 78%
Katja VesaHallitus: varajäsenSources: 1 · Confidence: 76%
Miikka SalonenPäävastuullinen tilintarkastajaSources: 1 · Confidence: 76%
Risk certificate
An open-data based company stability and risk signal.
BUSINESS.fi
BUSINESS.fi Luottoluokitus
Profile-specific risk signal based on open data
Automatic gradeNot a credit decision
D
High riskCycle Service Nordic OY
Grade unchangedD · new analysis 2026-10-18
29/100
Medium
Usable financial evidenceFinancial data included
Financial development is mostly stable or mixed.
4 comparable periodsProfitabilityStable
SolvencyVolatile
LiquidityNot enough history
Same industry, size and age groupDescriptive comparison – does not change the model score.
55 peersSolvency25%
Below 75% of peers
Profitability35%
Below 65% of peers
Revenue growth51%
Close to the peer-group midpoint
Supporting factors
- A newer financial statement filing has been reported
- Long registry continuity
Risk factors to note
- Severe registry event in the last 6 months
- Elevated industry distress context
Automatic assessment developmentChanges are derived from evidence differences between persisted automatic assessments.
2 assessmentsD
2026-10-1829/100 · v0.15
D → D- Evidence quality: Strong financial evidence → Usable financial evidence.
- Risk factor cleared: High balance-sheet leverage.
D
2026-10-0329/100 · v0.14
Oldest retained automatic assessment in this comparisonD
2026-10-18
open-risk-grade-v0.15
The grade is reduced because of a critical legal status such as bankruptcy or liquidation.
A serious registry signal affects this grade. Review the profile registry and notification details as well.
Risk context
When sufficient source-backed financial metrics are not available for a Tier 1 assessment, BUSINESS.fi shows registry, industry, and regional context.
Industry riskelevated
45/100
Industry context is elevated based on normalized open statistical inputs.
Age and continuityVakiintunut
80/100
The company has about 15 years of registry continuity.
Registry and status signalsHälyttävä
0/100
Bankruptcy or liquidation status is treated as a critical legal distress signal.
Events & news
Verified events and sourced external company news in one timeline.
Risk grade updatedRisk gradeEvidence verified
3 Oct 2026 · BUSINESS.fi / Opterom LuottoluokitusAutomatic grade D.Registry timeline
Trade register notifications shown on a timeline.
27 register eventsLatest event: 2026-08-19
Profile source and ownership
Profile based on public registry data
BUSINESS.fi has created this profile from public company information. Source data updated 2025-12-31.
This company profile has not been claimed yet
Cycle Service Nordic OY shows public core facts. A company representative can claim the profile, update public information, and access owner tools.