FLEXVALVE CONTROL ApS

CVR 24219771 · Private limited company (ApS) · Active · Low risk

FLEXVALVE CONTROL ApS is a Private limited company (ApS), founded on , based in Vemmelev. The company is registered in the industry fremstilling af andre gummiprodukter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 370k. CEO: Kim Nielsen.

Bankruptcy risk for FLEXVALVE CONTROL ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
24219771
Status
Active
Company type
Private limited company (ApS)
Founded
(27 years)
Address
c/o Flexvalve Kim Nielsen, Industrivej 3
4241 Vemmelev
Municipality
Slagelse
Industry
Fremstilling af andre gummiprodukter (221200)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 125k
Employees
6 (2018)
Auditor
Øernes Revision Registreret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 27
Missing annual reportNo
Negative equityNo
Equity ratio44.1%
Current ratio202%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.2mDKK 2.4mDKK 2.2m
Net profitDKK 370kDKK -32kDKK -260k
EquityDKK 1.0mDKK 663kDKK 694k
Total assetsDKK 2.3mDKK 1.5mDKK 1.5m
CashDKK 1.2m––
Short-term debtDKK 1.1m––
Tax owedDKK 57k––
Avg. employees54–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Øernes Revision Registreret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024128
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022109
1 Jan 2021 – 31 Dec 202189
1 Jan 2020 – 31 Dec 202090
1 Jan 2019 – 31 Dec 2019163
1 Jan 2018 – 31 Dec 201877
1 Jan 2017 – 31 Dec 2017109
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 201581
1 Jan 2014 – 31 Dec 2014107
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 2012165
1 Jan 2011 – 31 Dec 2011172
1 Jan 2010 – 31 Dec 2010174
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007176
1 Jan 2006 – 31 Dec 2006158

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
CEOKim NielsenCurrent
BoardPoul Erik WagnerCurrent
BoardKim NielsenCurrent
BoardKenneth Fabritius de Tengnagel
BoardNiels Peter Rosenkrands
BoardChristian Torben Qvist-Pedersen
Owner (100%)K3 Group A/SCurrent
Owner (100%)Kim Nielsen
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorJPHKS A/S
AuditorØernes Revision Registreret Revisionsaktieselskab
FounderHenning NielsenCurrent
FounderKim NielsenCurrent

The CEOs' other companies

Kim Nielsen – 17 other companies

Address history (7 moves)

c/o Flexvalve Kim Nielsen, Industrivej 3, 4241 Vemmelev
Industrivej 3, 4241 Vemmelev
Industrivej 2, 4241 Vemmelev
c/o Kim Nielsen, Melissehaven 4, 4330 Hvalsø
Alhøjvænget 12, 4220 Korsør
Reskavej 1, 4220 Korsør
Reskavej 1, 4220 Korsør
Reskavej 2, 4220 Korsør

Former names

FLEXVALVE CONTROL ApS – now
K.N. FINANS ApS –

Employees per year

Number of employees at FLEXVALVE CONTROL ApS per year362015: 620152016: 520162017: 420172018: 62018

Other companies at the same address

Similar companies in Slagelse

Questions and answers about FLEXVALVE CONTROL ApS

Has FLEXVALVE CONTROL ApS gone bankrupt?

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

What is the bankruptcy risk of FLEXVALVE CONTROL ApS?

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

Who is the CEO of FLEXVALVE CONTROL ApS?

Kim Nielsen is the CEO of FLEXVALVE CONTROL ApS.

Who is the auditor of FLEXVALVE CONTROL ApS?

FLEXVALVE CONTROL ApS most recently used Øernes Revision Registreret Revisionsaktieselskab.

When was FLEXVALVE CONTROL ApS founded?

FLEXVALVE CONTROL ApS was founded on 1 January 1999.

What is the equity of FLEXVALVE CONTROL ApS?

Equity was DKK 1.0m 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.