Flovlev Smede- & Maskinforretning A/S

CVR 21862398 · Public limited company (A/S) · Active · Low risk

Flovlev Smede- & Maskinforretning A/S is a Public limited company (A/S), founded on , based in Thyholm. The company is registered in the industry engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil. Our model estimates a bankruptcy risk of 0.1% 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 3.3m and a net result of DKK 247k. CEO: Ulrik Benthin.

Bankruptcy risk for Flovlev Smede- & Maskinforretning A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%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×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
21862398
Status
Active
Company type
Public limited company (A/S)
Founded
(27 years)
Address
Hovedvejen 73
7790 Thyholm
Municipality
Struer
Industry
Engroshandel med landbrugsmaskiner, -udstyr og tilbehør hertil (466100)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
8 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 27
Missing annual reportNo
Negative equityNo
Equity ratio49.3%
Current ratio142%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.5mDKK 2.6m
Net profitDKK 247kDKK 16k
EquityDKK 3.3mDKK 3.0m
Total assetsDKK 6.6mDKK 6.1m
CashDKK 48k–
Short-term debtDKK 2.5m–
Tax owedDKK 45k–
Avg. employees6–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202527
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021173
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019162
1 Jan 2018 – 31 Dec 2018144
1 Jan 2017 – 31 Dec 201799
1 Jan 2016 – 31 Dec 2016158
1 Jan 2015 – 31 Dec 2015133
1 Jan 2014 – 31 Dec 2014125
1 Jan 2013 – 31 Dec 2013127
1 Jan 2012 – 31 Dec 2012121
1 Jan 2011 – 31 Dec 2011101
1 Jan 2010 – 31 Dec 2010108
1 Jan 2009 – 31 Dec 2009133
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007170
1 Jan 2006 – 31 Dec 2006157

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
CEOUlrik BenthinCurrent
CEONiels Gunnar Volsgaard
CEOSvend Aage Bach-Mose
BoardMartin BenthinCurrent
BoardLaila OdgaardCurrent
BoardUlrik BenthinCurrent
BoardSvend Aage Bach-Mose
BoardNiels Gunnar Volsgaard
BoardKirstine Margrethe Volsgaard
BoardTorben Vestergaard
BoardInger Møller Vestergaard
BoardKaren Kongsgaard Bach-Mose
BoardElse Marie Bach-Mose
Owner (100%)Oil Rig International Holding ApSCurrent
Owner (100%)Svend Aage Bach-Mose
Owner (100%)SBM Flovlev Holding ApS
AuditorREVISIONSFIRMAET IVERSEN & HALD
AuditorST Revision
AuditorRL Registreret Revisionsaktieselskab
AuditorRL Registreret Revisionsaktieselskab
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
AuditorDLBR REVISION, GODKENDT REVISIONSANPARTSSELSKAB
AuditorCedra Godkendt Revisionsaktieselskab
FounderNiels Gunnar VolsgaardCurrent

The CEOs' other companies

Ulrik Benthin – 1 other companies

Svend Aage Bach-Mose – 1 other companies

Address history (1 moves)

Hovedvejen 73, 7790 Thyholm
Hovedvejen 73, 7790 Thyholm

Former names

Flovlev Smede- & Maskinforretning A/S – now
FLOVLEV MASKINFORRETNING A/S –

Employees per year

Number of employees at Flovlev Smede- & Maskinforretning A/S per year592011: 720112012: 920122013: 720132014: 720142015: 720152016: 620162017: 720172018: 82018

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Questions and answers about Flovlev Smede- & Maskinforretning A/S

Has Flovlev Smede- & Maskinforretning A/S gone bankrupt?

No, Flovlev Smede- & Maskinforretning A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Flovlev Smede- & Maskinforretning A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Flovlev Smede- & Maskinforretning A/S?

Ulrik Benthin is the CEO of Flovlev Smede- & Maskinforretning A/S.

When was Flovlev Smede- & Maskinforretning A/S founded?

Flovlev Smede- & Maskinforretning A/S was founded on 18 June 1999.

What is the equity of Flovlev Smede- & Maskinforretning A/S?

Equity was DKK 3.3m 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.