AIR-FLOW A/S

CVR 17198238 · Public limited company (A/S) · Active · Low risk

AIR-FLOW A/S is a Public limited company (A/S), founded on , based in Gentofte. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -98k and a net result of DKK -560k. CEO: Dennis Michael Engmose.

Bankruptcy risk for AIR-FLOW A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
17198238
Status
Active
Company type
Public limited company (A/S)
Founded
(52 years)
Address
Nybrovej 65
2820 Gentofte
Municipality
Gentofte
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
3 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-15.0%
Current ratio74%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 144kDKK 468kDKK 760k
Net profitDKK -560kDKK -91kDKK -340k
EquityDKK -98kDKK 462kDKK 553k
Total assetsDKK 652kDKK 1.1mDKK 1.1m
CashDKK 155kDKK 260k–
Short-term debtDKK 750kDKK 633k–
Avg. employees22–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025115
1 Oct 2023 – 30 Sep 202477
1 Oct 2022 – 30 Sep 202376
1 Oct 2021 – 30 Sep 202276
1 Oct 2020 – 30 Sep 2021139
1 Oct 2019 – 30 Sep 202070
1 Oct 2018 – 30 Sep 201965
1 Oct 2017 – 30 Sep 201858
1 Oct 2016 – 30 Sep 201775
1 Oct 2015 – 30 Sep 201681
1 Oct 2014 – 30 Sep 2015100
1 Oct 2013 – 30 Sep 201452
1 Oct 2012 – 30 Sep 201394
1 Oct 2011 – 30 Sep 201289
1 Oct 2010 – 30 Sep 201180
1 Oct 2009 – 30 Sep 201081
1 Oct 2008 – 30 Sep 200950
1 Oct 2007 – 30 Sep 200870
1 Oct 2006 – 30 Sep 200765
1 Oct 2005 – 30 Sep 200671

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
CEODennis Michael EngmoseCurrent
CEOHenning Johannes Engmose
BoardHanne Inge-Lise EngmoseCurrent
BoardHenning Johannes EngmoseCurrent
BoardDennis Michael EngmoseCurrent
Owner (100%)DENNIS ENGMOSE HOLDING ApSCurrent
AuditorA/S AF 14/8-1996
AuditorKIJELA A/S
AuditorREVISIONSFIRMAET EDELBO & DALGAARD STATSAUT.REVISORER A/S
AuditorMJAKP2 I/S
AuditorMJAKP P/S

The CEOs' other companies

Dennis Michael Engmose – 3 other companies

Henning Johannes Engmose – 1 other companies

Address history (0 moves)

Nybrovej 65, 2820 Gentofte

Former names

AIR-FLOW A/S – now
MULTILUX A/S –

Employees per year

Number of employees at AIR-FLOW A/S per year352011: 420112012: 420122013: 420132014: 420142015: 520152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Gentofte

Questions and answers about AIR-FLOW A/S

Has AIR-FLOW A/S gone bankrupt?

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

What is the bankruptcy risk of AIR-FLOW A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of AIR-FLOW A/S?

Dennis Michael Engmose is the CEO of AIR-FLOW A/S.

Who is the auditor of AIR-FLOW A/S?

AIR-FLOW A/S most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was AIR-FLOW A/S founded?

AIR-FLOW A/S was founded on 28 June 1974.

What is the equity of AIR-FLOW A/S?

Equity was DKK -98k according to the annual report for the period ending 30 September 2025.

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