Cake 0 Emission AB

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Cake 0 Emission AB - overview

Established

2016

Location

Stockholm, -, Sweden

Primary Industry

Automobiles, Other Vehicles & Parts

About

Founded in 2016 by co-founders Karl Ytterborn, Nils Ytterborn, and Stefan Ytterborn and based in Stockholm, Sweden, Brages BidCo AS, doing business as Cake 0 Emission AB designs and manufactures electric mopeds and motorcycles. In February 2024, Cake 0 Emission AB filed for bankruptcy and discontinued its operations. CAKE's product lineup includes a variety of electric motorcycles and mopeds designed for different uses. Makka: This nimble, lightweight commuter bike for navigating urban environments.


It offers a top speed of 25/45 km/h, a range of 54–110 km, and a peak power of 1/2. 8 kW. The Makka is street legal and provides a convenient and eco-friendly commuting option. Makka Work is designed for business fleets, offers a top speed of 25/45 km/h and a range of 100/110 km.


It is suitable for various licenses and is also street legal. Additionally, the Kalk series, including the Kalk OR, Kalk &, and Kalk INK, are off-road bikes. The company also offers the Ösa series for carrying gear and performing tasks, a modular design that allows for various attachments and configurations. The Bukk is an off-road bike designed for demanding terrain.


 The business also offers bike accessories, spare parts, apparel, and gear. The company generates revenue by selling the bikes through its website, which ranges from EUR 4170 to EUR 9470. Additionally, Cake generates revenue by selling bike accessories, spare parts, apparel, and gear, which range from EUR 15 to EUR 4950.


Current Investors

Headline, Creandum

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts, Web Applications

Website

www.ridecake.com

Verticals

Clean Technology, E-commerce, Manufacturing

Total Amount Raised

Subscriber access only

Cake 0 Emission AB - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)---4,994,45317,010,766---
% Revenue Growth (YoY)----240.6%---
EBITDA (USD)(134,191)(1,722,943)(3,287,998)(13,033,307)(36,936,878)---
Operating Income (USD)(160,030)(1,996,218)(3,749,004)(14,899,267)(41,870,668)---
Operating Margin---(298.3%)(246.1%)---
% EBITDA Margin---(261.0%)(217.1%)---
NET Income (USD)(165,805)(2,003,101)(3,751,843)(14,905,240)(42,076,472)---
% Net Margin---(298.4%)(247.4%)---
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