FLEXTEK STÅLREOLER A/S

CVR 12509383 · Public limited company (A/S) · Active · Low risk

FLEXTEK STÅLREOLER A/S is a Public limited company (A/S), founded on , based in Horsens. The company is registered in the industry engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 952k and a net result of DKK 2.9m. CEO: Glenn Sandberg Jørgensen.

Bankruptcy risk for FLEXTEK STÅLREOLER A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
12509383
Status
Active
Company type
Public limited company (A/S)
Founded
(38 years)
Address
Sandøvej 12
8700 Horsens
Municipality
Horsens
Industry
Engroshandel med møbler til bolig-, kontor- og butiksbrug, tæpper og belysningsartikler (464700)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
5 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 31
Missing annual reportNo
Negative equityNo
Equity ratio45.4%
Current ratio183%
Moves (last 2 years)1
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.2mDKK 1.5m
Net profitDKK 2.9mDKK -867k
EquityDKK 952kDKK 1.0m
Total assetsDKK 2.1mDKK 2.6m
CashDKK 739k–
Short-term debtDKK 1.1m–
Tax owedDKK 415k–
Avg. employees3–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202590
1 Jan 2024 – 31 Dec 202444
1 Jan 2023 – 31 Dec 202330
1 Jan 2022 – 31 Dec 202231
1 Jan 2021 – 31 Dec 202181
1 Jan 2020 – 31 Dec 202068
1 Jan 2019 – 31 Dec 201966
1 Jan 2018 – 31 Dec 201853
1 Jan 2017 – 31 Dec 201739
1 Jan 2016 – 31 Dec 201655
1 Jan 2015 – 31 Dec 201541
1 Jan 2014 – 31 Dec 201447
1 Jan 2013 – 31 Dec 201338
1 Jan 2012 – 31 Dec 201249
1 Jan 2011 – 31 Dec 201131
1 Jan 2010 – 31 Dec 201039
1 Jan 2009 – 31 Dec 200952
1 Jan 2008 – 31 Dec 200827
1 Jan 2007 – 31 Dec 200742
1 Jan 2006 – 31 Dec 200643

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOGlenn Sandberg JørgensenCurrent
CEOPer Emil Hasselbalch Stakemann
CEOHans Ejlif Skaar Jacobsen
CEOOle Knudsen
BoardGlenn Sandberg JørgensenCurrent
BoardEva Maria AdelsparreCurrent
BoardHanne PedersenCurrent
BoardJoachim Melgaard AdelsparreCurrent
BoardOle Knudsen
BoardBjarne Vad Meldgaard
BoardPoul Mortensen
BoardMichael Gejl
BoardJan Svensson
BoardRolf Krafft
BoardJohann Huss
BoardMartin Paland
BoardUlf Sonny William Schön
BoardMartin Paland
Owner (50%)ADELSPARRE HOLDING ApSCurrent
Owner (50%)SANDBERG JØRGENSEN HOLDING ApSCurrent
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorErik Tronborg Andersen
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Godkendt Revisionspartnerselskab
FounderA/S PSE NR. 1285Current

The CEOs' other companies

Glenn Sandberg Jørgensen – 1 other companies

Per Emil Hasselbalch Stakemann – 45 other companies, of which 45 bankrupt

Ole Knudsen – 7 other companies, of which 1 bankrupt

Address history (3 moves)

Sandøvej 12, 8700 Horsens
Pottemagervej 4, 7100 Vejle
Pottemagervej 4, 7100 Vejle
Pottemagervej 1, 7100 Vejle

Former names

FLEXTEK STÅLREOLER A/S – now
O.K.B.M. ApS –
SCAN HEAT ApS, INGENIØR- OG HANDELSFIRMA –
ApS SPKR NR. 2131 –

Employees per year

Number of employees at FLEXTEK STÅLREOLER A/S per year362011: 620112012: 620122013: 620132014: 620142015: 620152016: 620162017: 620172018: 52018

Other companies at the same address

Similar companies in Horsens

Questions and answers about FLEXTEK STÅLREOLER A/S

Has FLEXTEK STÅLREOLER A/S gone bankrupt?

No, FLEXTEK STÅLREOLER A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of FLEXTEK STÅLREOLER A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of FLEXTEK STÅLREOLER A/S?

Glenn Sandberg Jørgensen is the CEO of FLEXTEK STÅLREOLER A/S.

Who is the auditor of FLEXTEK STÅLREOLER A/S?

FLEXTEK STÅLREOLER A/S most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was FLEXTEK STÅLREOLER A/S founded?

FLEXTEK STÅLREOLER A/S was founded on 1 October 1988.

What is the equity of FLEXTEK STÅLREOLER A/S?

Equity was DKK 952k according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.