FLOWTECH A/S

CVR 12566298 · Public limited company (A/S) · Active · Low risk

FLOWTECH A/S is a Public limited company (A/S), founded on , based in Them. The company is registered in the industry installation af industrimaskiner og -udstyr. 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, of which 2 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 17.4m and a net result of DKK 3.5m. CEO: Steffen Glerup.

Bankruptcy risk for FLOWTECH A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
12566298
Status
Active
Company type
Public limited company (A/S)
Founded
(37 years)
Address
Erhvervsvej 2C
8653 Them
Municipality
Silkeborg
Industry
Installation af industrimaskiner og -udstyr (332000)
Bankruptcies in the industry: Reparation af maskiner
Share capital
DKK 1.0m
Employees
9 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 30
Missing annual reportNo
Negative equityNo
Equity ratio43.7%
Current ratio220%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address22
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 21.7mDKK 23.4m
Net profitDKK 3.5mDKK 6.0m
EquityDKK 17.4mDKK 19.9m
Total assetsDKK 39.7mDKK 39.9m
CashDKK 20.6m–
Short-term debtDKK 16.8m–
Tax owedDKK 1.2m–
Avg. employees24–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025159
1 May 2023 – 30 Apr 2024157
1 May 2022 – 30 Apr 2023184 Late
1 May 2021 – 30 Apr 2022186 Late
1 May 2020 – 30 Apr 2021152
1 May 2019 – 30 Apr 2020153
1 May 2018 – 30 Apr 2019154
1 May 2017 – 30 Apr 2018113
1 May 2016 – 30 Apr 2017156
1 May 2015 – 30 Apr 2016152
1 May 2014 – 30 Apr 2015145
1 May 2013 – 30 Apr 2014153
1 May 2012 – 30 Apr 2013154
1 May 2011 – 30 Apr 2012157
1 May 2010 – 30 Apr 2011153
1 May 2009 – 30 Apr 2010149
1 May 2008 – 30 Apr 2009159
1 May 2007 – 30 Apr 2008147
1 May 2006 – 30 Apr 2007149
1 May 2005 – 30 Apr 2006162

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
CEOSteffen GlerupCurrent
CEOMark Rubow
BoardJacob Poulsen MarkCurrent
BoardTrine SørensenCurrent
BoardLars KristensenCurrent
BoardSteffen GlerupCurrent
BoardLars-Peter Thomsen
BoardMark Rubow
BoardBente Melgaard Rubow
BoardPoul Nielsen
BoardFind Jensen
BoardThomas Rubow
BoardSøren Peter Leth
BoardSteffen Glerup
BoardSøren Peter Leth
BoardFind Jensen
Owner (100%)Steffen Glerup Holding ApSCurrent
Owner (67%)MR Holding A/S af 11.10.2000
Owner (25%)Steffen Glerup Holding ApS
Owner (50%)MR Holding A/S af 11.10.2000
Owner (50%)Steffen Glerup Holding ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorMAMI FINANS ApS
Auditor2GANGET REGISTRERET REVISIONSANPARTSSELSKAB
Auditor2GANGET REGISTRERET REVISIONSANPARTSSELSKAB
AuditorQurios Statsautoriseret Revisionsinteressentskab
AuditorNOMOQ PARTNERSELSKAB
AuditorP&H P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorROESGAARD A/S
FounderMark RubowCurrent

The CEOs' other companies

Steffen Glerup – 2 other companies

Mark Rubow – 7 other companies, of which 1 bankrupt

Address history (3 moves)

Erhvervsvej 2C, 8653 Them
Højlundvej 5, 8660 Skanderborg
Højlundvej 5, 8660 Skanderborg
Højlundvej 8A, 8660 Skanderborg

Former names

FLOWTECH A/S – now
MR STÅLTEKNIK A/S –
M R STÅLTEKNIK,GALTEN, ApS –

Employees per year

Number of employees at FLOWTECH A/S per year592011: 520112012: 620122013: 720132014: 720142015: 920152016: 920162017: 920172018: 92018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about FLOWTECH A/S

Has FLOWTECH A/S gone bankrupt?

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

What is the bankruptcy risk of FLOWTECH 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 FLOWTECH A/S?

Steffen Glerup is the CEO of FLOWTECH A/S.

Who is the auditor of FLOWTECH A/S?

FLOWTECH A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was FLOWTECH A/S founded?

FLOWTECH A/S was founded on 4 November 1988.

What is the equity of FLOWTECH A/S?

Equity was DKK 17.4m according to the annual report for the period ending 30 April 2025.

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