Overview
Elvelo is a sportswear manufacturer that specializes in clothing for running, cycling, triathlon, and team sports. The company enables small and medium-sized sports brands to access high-end production processes and offers short lead times as a one-stop shop.
Financials
Revenue history (in k)
Filing timeliness
No financial statement for 2025 – the filing deadline has passed. 4 of 6 financial statements were filed late (the longest delay 609 days for 2023).
- 2025not filed
- 202416/03/2026
- 202316/03/2026
- 202219/01/2024
- 202120/02/2022
- 202020/02/2022
Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2024.
Results vs industry
Industry
- Warehousing and storage of goods (52.1)
Offer
- Cycling apparel
- Cycling jerseys
- Cycling shorts
- Sports jackets
- Running apparel
- Triathlon apparel
- Team kits
Website technology
- Website
- Wix
Authorized Representatives
Manner of representation
Each member of the management board is authorized to make declarations on behalf of the company independently.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
Paulina Agnieszka Papierokage 43 | 20 | $2,701.24 | 50% |
Piotr Jan Papierokage 42 | 20 | $2,701.24 | 50% |
Paulina Agnieszka Papierok and Piotr Jan Papierok hold a combined 100% – the ownership structure indicates family control.
Beneficial owners
| Person | Rights |
|---|---|
Subsidiaries
| Name | Share value | Stake | ||
|---|---|---|---|---|
Elvelo Dsxsp. z o.o. | 1,350.62 USD | 100% |
Bank accounts
Registered as a VAT taxpayer on 2018-11-08.
43 1240 6351 1111 0011 5071 2405
Debt
2 closed proceedings recorded in KRZ history.
| Registration date | Proceeding type | Status | |
|---|---|---|---|
| Feb 13, 2025 | Proceedings after filing an arrangement approval application | Closed | |
| Nov 7, 2024 | Arrangement approval proceedings | Closed |
Public aid
5 public aid cases recorded, with a total value of $11,839.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| May 14, 2024 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $2,753$2,753 | Prezes Zakładu Ubezpieczeń Społecznych | |
| Dec 20, 2022 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $1,061$1,061 | Prezes Zakładu Ubezpieczeń Społecznych | |
| Feb 24, 2022 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $2,333$2,333 | Prezes Banku Gospodarstwa Krajowego |
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Veloprofitsp. z o.o. | $963,245.01 | veloprofit.com | ||
| Sportmansp. z o.o. | $694,355.44 | sportman.pl | ||
| Veloport sp. z o.o.sp. k. | $490,714.59 | veloport.pl | ||
| Holo Athleticssp. z o.o. | $482,353.79 | holoathletics.com | ||
| EROEsp. z o.o. | $467,983.37 | eroe.cc | ||
| Brilliant Internationalsp. z o.o. | $424,052.28 | gymhero.eu | ||
| Olimpiussp. z o.o. | $313,841.60 | olimpius.pl | ||
| Rascalsp. z o.o. | $210,014.95 | rascalindustry.pl | ||
| DadeloS.A. | $111,862.88 | dadelo.pl | ||
| Sockersp. z o.o. | $99,478.21 | socker.pl |
Change history
| Date | Event | |
|---|---|---|
| 2024-05-22 | Address change (Ul. Olchowa 76/A, 05-500, Józefosław → Ul. Geodetów 176d, 05-500, Józefosław) | |
| 2018-11-05 | Entered in the register |
FAQ
Last updated: 2026-04-09