Pack Flex Development ApS

CVR 33374984 · Private limited company (ApS) · Active · Low risk

Pack Flex Development ApS is a Private limited company (ApS), founded on , based in Herning. The company is registered in the industry fremstilling af plastemballage. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 15 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 151k and a net result of DKK -60k. CEO: Ole Østergaard.

Bankruptcy risk for Pack Flex Development ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
33374984
Status
Active
Company type
Private limited company (ApS)
Founded
(15 years)
Address
Industrivej Nord 5
7400 Herning
Municipality
Herning
Industry
Fremstilling af plastemballage (222200)
Bankruptcies in the industry: Fremstilling af andre plastprodukter
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio76.0%
Current ratio10%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -10kDKK -505
Net profitDKK -60kDKK -427
EquityDKK 151kDKK 211k
Total assetsDKK 198kDKK 246k
CashDKK 432–
Short-term debtDKK 48k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025175
1 Jan 2024 – 31 Dec 202481
1 Oct 2022 – 30 Sep 2023189 Late
1 Oct 2021 – 30 Sep 2022166
1 Oct 2020 – 30 Sep 2021131
1 Oct 2019 – 30 Sep 202098
1 Oct 2018 – 30 Sep 2019156
1 Oct 2017 – 30 Sep 2018169
1 Oct 2016 – 30 Sep 2017165
1 Oct 2015 – 30 Sep 2016165
1 Oct 2014 – 30 Sep 201565
1 Oct 2013 – 30 Sep 201456
1 Oct 2012 – 30 Sep 2013171
1 Oct 2011 – 30 Sep 201275
8 Dec 2010 – 30 Sep 2011172

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
CEOOle ØstergaardCurrent
BoardChristian Bjerre Bojsen
BoardOle Østergaard
BoardAnne Mette Funch Østergaard
BoardKjeld Martin Guldmann Nielsen
BoardLars Erikstrup
BoardPeter Eric Mathies
BoardErik Christensen
BoardAnne Mette Funch Østergaard
Owner (100%)EHRNO FLEXIBLE A/SCurrent
Owner (33%)EHRNO FLEXIBLE A/S
Owner (33%)ANDRESEN INVEST A/S
Owner (33%)I-MAKERS A/S
Owner (33%)Aktieselskabet af 31.03.2009
AuditorEY Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorPARTNERSELSKABET AF 31. JANUAR 2014
FounderBOHMM INVEST ApSCurrent
FounderEHRNO FLEXIBLE A/SCurrent
FounderINNOVATION MIDTVEST A/SCurrent

The CEOs' other companies

Ole Østergaard – 7 other companies

Address history (1 moves)

Industrivej Nord 5, 7400 Herning
Industrivej Nord 5, 7400 Herning

Former names

Pack Flex Development ApS – now
PIZZAFLEX DEVELOPMENT APS –
PIZZAFLEX DEVELOPMENT A/S –

Other companies at the same address

Similar companies in Herning

Questions and answers about Pack Flex Development ApS

Has Pack Flex Development ApS gone bankrupt?

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

What is the bankruptcy risk of Pack Flex Development ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Pack Flex Development ApS?

Ole Østergaard is the CEO of Pack Flex Development ApS.

Who is the auditor of Pack Flex Development ApS?

Pack Flex Development ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Pack Flex Development ApS founded?

Pack Flex Development ApS was founded on 8 December 2010.

What is the equity of Pack Flex Development ApS?

Equity was DKK 151k 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.