FLEX FUNDING A/S

CVR 25619978 · Public limited company (A/S) · Active · Medium risk

FLEX FUNDING A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 12 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 12.5m and a net result of DKK 1.1m.

Bankruptcy risk for FLEX FUNDING A/S

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
25619978
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Applebys Plads 7
1411 København K
Municipality
København
Industry
Andre aktiviteter i forbindelse med finansielle tjenesteydelser, undtagen forsikring og pensionsforsikring (661900)
Bankruptcies in the industry: Formueforvaltning
Share capital
DKK 13.8m
Employees
18 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 12
Missing annual reportNo
Negative equityNo
Equity ratio47.7%
Current ratio18%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address78
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1.0mDKK -231k
Net profitDKK 1.1mDKK -19.4m
EquityDKK 12.5mDKK 3.4m
Total assetsDKK 26.3mDKK 16.7m
CashDKK 900k–
Short-term debtDKK 10.9m–
Avg. employees7–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025188 Late
1 Jan 2024 – 31 Dec 2024188 Late
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022179
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020168
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 2017144
1 Jan 2016 – 31 Dec 2016121
1 Jan 2015 – 31 Dec 2015145
18 Dec 2013 – 31 Dec 2014152

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
CEOSøren Holst
BoardSvend Aage LindeCurrent
BoardErnst Ulrik BayerCurrent
BoardHenrik VadCurrent
BoardHenrik Vad
BoardCharlotte Vad
BoardRasmus Nielsen
BoardChristian Lundgaard
BoardRicky Wilke
BoardLars Wolff Graversen
BoardSøren Boelskov Isaksen
BoardShandi Catarina Ryder Hoffmann
BoardKristian Balleby
BoardAnders Holmgren
BoardMartin Nymark Hansen
BoardRené Jørgen Spogard
BoardHenrik Vad
BoardHans-Henrik Horsted Eriksen
BoardChristian Lundgaard
BoardRené Jørgen Spogard
BoardMartin Nymark Hansen
BoardChristian Lundgaard
BoardMartin Nymark Hansen
Owner (100%)LINDE HOLDING ApSCurrent
Owner (0%)Ricky Wilke
Owner (20%)Henrik Vad
Owner (33%)CL GRUPPEN ApS
Owner (5%)Alrow Media ApS
Owner (5%)JOCH ApS
Owner (5%)LG GRUPPEN ApS
Owner (10%)ITMC SOFT LIMITED
Owner (5%)Tina Füssel
Owner (15%)CL GRUPPEN ApS
Owner (5%)SPOGÁRD HOLDING ApS
Owner (5%)ITMC SOFT LIMITED
Owner (5%)CL GRUPPEN ApS
Owner (10%)Linde PE II ApS
Owner (15%)LG GRUPPEN ApS
Owner (5%)EXACT GROUP A/S
Owner (5%)BAGGER-SØRENSEN & CO. A/S
Owner (5%)SPOGÁRD HOLDING ApS
Owner (5%)LG GRUPPEN ApS
Owner (5%)OVE K. INVEST A/S
Owner (10%)VAN KLEEF ApS
Owner (5%)Henrik Vad
Owner (5%)EXACT GROUP A/S
Owner (10%)SPOGÁRD HOLDING ApS
Owner (5%)Spogárd Holding ApS
Owner (5%)VAN KLEEF ApS
Owner (5%)Linde PE II ApS
Owner (5%)LINDE HOLDING ApS
Owner (5%)Spogárd Holding ApS
Owner (5%)Fintech Invest ApS
Owner (25%)Fintech Invest ApS
Owner (5%)LINDE HOLDING ApS
Owner (5%)FLEX FUNDING A/S
Owner (10%)CL GRUPPEN ApS
Owner (15%)Linde BKKS ApS
Owner (5%)LINDE HOLDING ApS
Owner (15%)LINDE HOLDING ApS
Owner (20%)LINDE HOLDING ApS
Owner (25%)LINDE HOLDING ApS
Owner (5%)EXACT GROUP A/S
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorTIMEVISION BRØNDBY GODKENDT REVISIONSAKTIESELSKAB
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHenrik VadCurrent

The CEOs' other companies

Søren Holst – 2 other companies

Address history (6 moves)

Applebys Plads 7, 1411 København K
Lille Fredensvej 13, 1., 2920 Charlottenlund
c/o Opgang 3, 2. Sal, Strandvejen 100, 2900 Hellerup
Strandvejen 100, 2. tv, 2900 Hellerup
Lindegårdsvej 51, 1., 2920 Charlottenlund
Aldersrogade 3A, 2100 København Ø
c/o Complet Leasing A/S, Hans Edvard Teglers Vej 5, 2., 2920 Charlottenlund

Former names

FLEX FUNDING A/S – now
FUNDING PILOT A/S –

Employees per year

Number of employees at FLEX FUNDING A/S per year9182013: 020132014: 920142015: 520152016: 820162017: 1020172018: 182018

Other companies at the same address

Similar companies in København

Questions and answers about FLEX FUNDING A/S

Has FLEX FUNDING A/S gone bankrupt?

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

What is the bankruptcy risk of FLEX FUNDING A/S?

Our model estimates a bankruptcy risk of 1.6% over the next 12 months (medium risk), which is 1.1 times the average for Danish companies.

Who is the auditor of FLEX FUNDING A/S?

FLEX FUNDING A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was FLEX FUNDING A/S founded?

FLEX FUNDING A/S was founded on 5 December 2013.

What is the equity of FLEX FUNDING A/S?

Equity was DKK 12.5m 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.