Yes nice hotrod.
Cyclists here can do that just legally, as they are off to the right and often up on a cycle path protected by a curb, it make no reason for the to stop even if traffic from the left have a green light.
In your case the cyclist are protected by a solid white line, which i assume cars must not cross, a 4-5 " tall curb would be better, after car ruin tire / wheel 1 time he/she will not do that again.
Here often at intersections you will also see "mini" lights for the cyclists, so their green period for going strait might be a little shorter than the one cars have.
Actually in a regular intersection the cyclist could do ( none of them do but it is legal ) go strait across the intersection ( green light ) to the corner on the other side, and there wait for a gap in traffic and then turn 90 degrees left and cross under red light.
It is perplexing me why people dont do that, some cross, wait for the intersection to turn green for the other direction and then go that way, others turn into traffic without looking much cross 2 lanes to get to the left turn car lane, where a cyclist have absolutely nothing to do.
I also think as a cyclist you are good to make a right turn under red, again as you are all the way to the right and probably go from one cycle path to another, you cant of course make a wide turn into traffic, its still your own bloody business to take care of your own well being.
Funny thing really, in some aspects we Danes have all the freedom one could ask for, but in many other things the all encompassing state take over and you have no freedom to do things.