FLEXIART ApS

CVR 32057926 · Private limited company (ApS) · Active · High risk

FLEXIART ApS is a Private limited company (ApS), founded on , based in Vejle Øst. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 17 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK -26.2m and a net result of DKK -1.3m. CEO: Per Hjorth Tolboe.

Bankruptcy risk for FLEXIART 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

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
32057926
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Industrivej 1
7120 Vejle Øst
Municipality
Vejle
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
0 (2014)
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityYes
Equity ratio-10,702.1%
Current ratio1%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies1
Other companies at the address20
Going-concern uncertaintyYes

Financials and key figures

Financial year202620252024
Gross profitDKK -13kDKK 216kDKK -18k
Net profitDKK -1.3mDKK -1.2mDKK -1.4m
EquityDKK -26.2mDKK -24.9mDKK -23.6m
Total assetsDKK 245kDKK 5,213DKK 11k
CashDKK 0DKK 5,213–
Short-term debtDKK 26.4mDKK 24.9m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202698
1 Jul 2024 – 30 Jun 2025121
1 Jul 2023 – 30 Jun 2024158
1 Jul 2022 – 30 Jun 2023152
1 Jul 2021 – 30 Jun 2022182
1 Jul 2020 – 30 Jun 2021163
1 Jul 2019 – 30 Jun 2020161
1 Jul 2018 – 30 Jun 2019159
1 Jul 2017 – 30 Jun 2018156
1 Jul 2016 – 30 Jun 2017165
1 Jul 2015 – 30 Jun 2016168
1 Jul 2014 – 30 Jun 2015161
1 Jul 2013 – 30 Jun 2014155
1 Jul 2012 – 30 Jun 2013150
1 Jul 2011 – 30 Jun 2012104
1 Jul 2010 – 30 Jun 2011154
4 Feb 2009 – 30 Jun 2010161

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
CEOPer Hjorth TolboeCurrent
CEOPer Ubbe Vestergaard Pedersen
CEOLars Bergmann
BoardSøren Xerxes Frahm
BoardPer Hjorth Tolboe
BoardPer Ubbe Vestergaard Pedersen
BoardRobert Byriel Riedel
BoardLars Bergmann
BoardLaurence Raymonde Eugenie Muller
BoardSusanne Elisabeth Tolboe
BoardLars Dahlin Ladegaard Christensen
Owner (100%)FLEXIART HOLDING ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderFLEXIART HOLDING ApSCurrent

The CEOs' other companies

Per Hjorth Tolboe – 18 other companies, of which 2 bankrupt

Per Ubbe Vestergaard Pedersen – 10 other companies

Lars Bergmann – 7 other companies, of which 1 bankrupt

Address history (6 moves)

Industrivej 1, 7120 Vejle Øst
Industrivej 1, 7120 Vejle Øst
Ferrarivej 12, 7100 Vejle
Industrivej 1, 7120 Vejle Øst
Egeskovvej 7, 8700 Horsens
Langmarksvej 41, 1., 8700 Horsens
c/o Per Vestergaard, Jessensgade 5, 2., 8700 Horsens

Former names

FLEXIART ApS – now
FLEXIART A/S –

Employees per year

Number of employees at FLEXIART ApS per year122009: 120092011: 220112012: 220122013: 220132014: 02014

Other companies at the same address

Similar companies in Vejle

Questions and answers about FLEXIART ApS

Has FLEXIART ApS gone bankrupt?

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

What is the bankruptcy risk of FLEXIART 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 FLEXIART ApS?

Per Hjorth Tolboe is the CEO of FLEXIART ApS.

Who is the auditor of FLEXIART ApS?

FLEXIART ApS most recently used Beierholm.

When was FLEXIART ApS founded?

FLEXIART ApS was founded on 4 February 2009.

What is the equity of FLEXIART ApS?

Equity was DKK -26.2m according to the annual report for the period ending 30 June 2026.

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