ProjectFlow A/S

CVR 26829798 · Public limited company (A/S) · Active · Low risk

ProjectFlow A/S is a Public limited company (A/S), founded on , based in Odense C. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 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 (31 Dec 2025) shows equity of DKK 9.0m and a net result of DKK 6.8m.

Bankruptcy risk for ProjectFlow A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%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×
Time at current address5+ yrs · bankruptcy rate 3.1%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×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
26829798
Status
Active
Company type
Public limited company (A/S)
Founded
(24 years)
Address
Vindegade 34, 1.
5000 Odense C
Municipality
Odense
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 500k
Employees
25 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 23
Missing annual reportNo
Negative equityNo
Equity ratio45.3%
Current ratio182%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 19.0mDKK 16.1mDKK 16.1m
Net profitDKK 6.8mDKK 3.7mDKK 4.5m
EquityDKK 9.0mDKK 6.0mDKK 2.3m
Total assetsDKK 19.9mDKK 15.8mDKK 12.8m
CashDKK 4.6mDKK 4.3m–
Short-term debtDKK 10.9mDKK 9.8m–
Tax owedDKK 226kDKK 0–
Avg. employees1615–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202579
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 202319
1 Jan 2022 – 31 Dec 202238
1 Jan 2021 – 31 Dec 202127
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 2017127
1 Jan 2016 – 31 Dec 2016122
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 201246
1 Jan 2011 – 31 Dec 201181
1 Jan 2010 – 31 Dec 2010156
1 Jan 2009 – 31 Dec 2009144
1 Jan 2008 – 31 Dec 200856
1 Jan 2007 – 31 Dec 200745
1 Jan 2006 – 31 Dec 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
CEOLars Toftegaard Olsen
CEOKarsten Ley Poulsen
BoardEdward Jozef PlasierCurrent
BoardMark VelthuijsenCurrent
BoardYannick Julian AusmaCurrent
BoardKlavs Peter Skjerbek
BoardLars Toftegaard Olsen
BoardKarsten Ley Poulsen
BoardMette Poulsen
BoardCecilie Ayoe Damgaard Konrad
BoardAnders Andersen
BoardFlemming Dyppel
BoardMorten Hedrich
BoardMette Poulsen
BoardCecilie Ayoe Damgaard Konrad
BoardKenneth Linnebjerg
BoardFrank Lynge Schou-Jensen
BoardSøren Fink-Jensen
BoardMogens Nielsen
BoardKenneth Linnebjerg
BoardJacob Christiaan den Houting
Owner (100%)Qics Holding B.V.Current
Owner (100%)FLOWIT HOLDING ApS
Owner (100%)VISO HOLDING ApS
Owner (67%)VISO HOLDING ApS
Owner (5%)HAFSTRØM NIELSEN ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorLEO OLSEN & DALGAARD STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorRevisionsfirmaet Aalund v/Niels Peder Aalund
AuditorSØBY REVISORER A/S GODKENDTE REVISORER
AuditorJKPT ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderFLOWIT HOLDING ApSCurrent

The CEOs' other companies

Lars Toftegaard Olsen – 2 other companies

Karsten Ley Poulsen – 4 other companies

Address history (3 moves)

Vindegade 34, 1., 5000 Odense C
Jernbanegade 28, 1., 5000 Odense C
Vindegade 75, 1., 5000 Odense C
Ådalsvej 211, 5250 Odense SV

Former names

ProjectFlow A/S – now
FLOWIT A/S –
FLOWIT ApS –

Employees per year

Number of employees at ProjectFlow A/S per year15302011: 1620112012: 2320122013: 2420132014: 2420142015: 2420152016: 2920162017: 3020172018: 252018

Other companies at the same address

Similar companies in Odense

Questions and answers about ProjectFlow A/S

Has ProjectFlow A/S gone bankrupt?

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

What is the bankruptcy risk of ProjectFlow A/S?

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

Who is the auditor of ProjectFlow A/S?

ProjectFlow A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was ProjectFlow A/S founded?

ProjectFlow A/S was founded on 16 October 2002.

What is the equity of ProjectFlow A/S?

Equity was DKK 9.0m 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.