DESIGN FLAG ApS

CVR 21161837 · Private limited company (ApS) · Active · High risk

DESIGN FLAG ApS is a Private limited company (ApS), founded on , based in Hillerød. The company is registered in the industry anden specialiseret engroshandel i.a.n.. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 148k and a net result of DKK -63k. CEO: Majbritt Kildebæk Raun.

Bankruptcy risk for DESIGN FLAG ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
21161837
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
Axel Jarls Vej 43
3400 Hillerød
Municipality
Hillerød
Industry
Anden specialiseret engroshandel i.a.n. (468900)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 159k
Employees
1 (2018)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 26
Missing annual reportNo
Negative equityNo
Equity ratio12.5%
Current ratio108%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 682kDKK 780k
Net profitDKK -63kDKK 11k
EquityDKK 148kDKK 211k
Total assetsDKK 1.2mDKK 1.1m
CashDKK 909–
Short-term debtDKK 1.0m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025192 Late
1 Jul 2023 – 30 Jun 2024138
1 Jul 2022 – 30 Jun 2023138
1 Jul 2021 – 30 Jun 2022181
1 Jul 2020 – 30 Jun 2021140
1 Jul 2019 – 30 Jun 2020168
1 Jul 2018 – 30 Jun 2019157
1 Jul 2017 – 30 Jun 2018163
1 Jul 2016 – 30 Jun 2017160
1 Jul 2015 – 30 Jun 2016159
1 Jul 2014 – 30 Jun 201564
1 Jul 2013 – 30 Jun 2014154
1 Jul 2012 – 30 Jun 2013167
1 Jul 2011 – 30 Jun 2012174
1 Jul 2010 – 30 Jun 2011159
1 Jul 2009 – 30 Jun 2010153
1 Jul 2008 – 30 Jun 2009156
1 Jul 2007 – 30 Jun 2008156
1 Jul 2006 – 30 Jun 2007145
1 Jul 2005 – 30 Jun 2006149

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
CEOMajbritt Kildebæk RaunCurrent
CEOPeter Andreas Stakemann
CEOMichael Christian Krag-Juel-Vind-Frijs
BoardMichael Christian Krag-Juel-Vind-Frijs
BoardGustav Göran Söderlaund
BoardIlkka Ahlava
BoardMajbritt Kildebæk Raun
BoardKlas Mårten Rafael Forss
BoardNiklas Tewajärvi
Owner (100%)M.K. RAUN HOLDING ApSCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorGreen IV ApS
AuditorANDERSEN HÜBERTZ KIRKHOFF STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBEIERHOLM, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderMEDIMEX ApSCurrent

The CEOs' other companies

Peter Andreas Stakemann – 54 other companies, of which 54 bankrupt

Michael Christian Krag-Juel-Vind-Frijs – 5 other companies, of which 3 bankrupt

Address history (4 moves)

Axel Jarls Vej 43, 3400 Hillerød
Axel Jarls Vej 43, 3400 Hillerød
Slotsmarken 18, 2970 Hørsholm
Margretheholmsvej 2, 1432 København K
Vesterbrogade 95A, 1620 København V

Former names

DESIGN FLAG ApS – now
FINN MARIN DANMARK ApS –
NORDISK FLAG- OG FANEFABRIK ApS –
ApS KBUS 35 NR. 1217 –

Employees per year

Number of employees at DESIGN FLAG ApS per year112011: 120112012: 120122013: 120132014: 120142015: 120152016: 120162017: 020172018: 12018

Other companies at the same address

Similar companies in Hillerød

Questions and answers about DESIGN FLAG ApS

Has DESIGN FLAG ApS gone bankrupt?

No, DESIGN FLAG ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of DESIGN FLAG ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of DESIGN FLAG ApS?

Majbritt Kildebæk Raun is the CEO of DESIGN FLAG ApS.

Who is the auditor of DESIGN FLAG ApS?

DESIGN FLAG ApS most recently used Beierholm.

When was DESIGN FLAG ApS founded?

DESIGN FLAG ApS was founded on 1 July 1998.

What is the equity of DESIGN FLAG ApS?

Equity was DKK 148k according to the annual report for the period ending 30 June 2025.

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