AXFLOW A/S

CVR 20557699 · Public limited company (A/S) · Active · Medium risk

AXFLOW A/S is a Public limited company (A/S), founded on , based in Smørum. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 (31 Dec 2025) shows equity of DKK 5.3m and a net result of DKK -17.1m.

Bankruptcy risk for AXFLOW A/S

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
20557699
Status
Active
Company type
Public limited company (A/S)
Founded
(28 years)
Address
Schæfergårdsvej 19
2765 Smørum
Municipality
Egedal
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 5.6m
Employees
28 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 28
Missing annual reportNo
Negative equityNo
Equity ratio12.5%
Current ratio150%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 27.3mDKK 17.5mDKK 19.5m
Net profitDKK -17.1mDKK -7.3mDKK 8.3m
EquityDKK 5.3mDKK 22.4mDKK 29.7m
Total assetsDKK 42.2mDKK 62.0mDKK 66.2m
Short-term debtDKK 14.8mDKK 19.3m–
Avg. employees2624–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025190 Late
1 Jan 2024 – 31 Dec 2024169
1 Jan 2023 – 31 Dec 2023170
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019102
1 Jan 2018 – 31 Dec 2018143
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016167
1 Jan 2015 – 31 Dec 2015131
1 Jan 2014 – 31 Dec 2014149
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012127
1 Jan 2011 – 31 Dec 2011169
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 200897
1 Jan 2007 – 31 Dec 200787
1 Jan 2006 – 31 Dec 2006106

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
CEOReidar Muller
CEOPer Håkan Folke Bjernèr
CEOBrian Ziegler
BoardSøren WeihrauchCurrent
BoardOle WeinerCurrent
BoardOlga Krejci HalkovovaCurrent
BoardJohanna GydingsgårdCurrent
BoardBrian Ziegler
BoardReidar Muller
BoardCurt Hans Kallstrøm
BoardLars Olof Rohman
BoardBjørn Eir
BoardPer Håkan Folke Bjernèr
BoardMats Jegenstam
BoardHans Ekman
BoardBengt Östlund
BoardHans Erik Kragh-Hansen
BoardMats Robert Karlsson
BoardJørn Mogensen
BoardMats Ola Knut Jegenstam
BoardJeppe Rasmussen
BoardPer Lars Martin Carlson
BoardLars Gösta Andreas Lindahl
Owner (100%)Axflow Holding ABCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
FounderAXFLOW AKTIEBOLAGCurrent

The CEOs' other companies

Brian Ziegler – 5 other companies, of which 1 bankrupt

Address history (3 moves)

Schæfergårdsvej 19, 2765 Smørum
Kong Svends Vej 65A, 2765 Smørum
Solvang 6, 3450 Allerød
Marielundvej 46E, 2730 Herlev

Former names

AXFLOW A/S – now
DANAX A/S –

Employees per year

Number of employees at AXFLOW A/S per year14282011: 2320112012: 2220122013: 1820132014: 2820142015: 2520152016: 2720162017: 2820172018: 282018

Other companies at the same address

Similar companies in Egedal

Questions and answers about AXFLOW A/S

Has AXFLOW A/S gone bankrupt?

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

What is the bankruptcy risk of AXFLOW A/S?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the auditor of AXFLOW A/S?

AXFLOW A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was AXFLOW A/S founded?

AXFLOW A/S was founded on 3 December 1997.

What is the equity of AXFLOW A/S?

Equity was DKK 5.3m 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.