Flexray Medical ApS

CVR 36890509 · Private limited company (ApS) · Active · Low risk

Flexray Medical ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry engroshandel med læge- og hospitalsartikler. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 11 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 10.1m and a net result of DKK 733k. CEO: Mads Vittrup, Simon Dyrup Nielsen.

Bankruptcy risk for Flexray Medical ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
36890509
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Speditørvej 19
9000 Aalborg
Municipality
Aalborg
Industry
Engroshandel med læge- og hospitalsartikler (464620)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 54k
Employees
3 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 11
Missing annual reportNo
Negative equityNo
Equity ratio87.9%
Current ratio719%
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 year202620252024
Gross profitDKK 2.9mDKK 5.1mDKK 4.7m
Net profitDKK 733kDKK 2.4mDKK 1.7m
EquityDKK 10.1mDKK 10.2mDKK 8.5m
Total assetsDKK 11.5mDKK 13.2mDKK 10.6m
CashDKK 5.4mDKK 5.9m–
Short-term debtDKK 1.4mDKK 3.1m–
Tax owedDKK 212kDKK 675k–
Avg. employees44–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202658
1 Jul 2024 – 30 Jun 202549
1 Jul 2023 – 30 Jun 2024113
1 Jul 2022 – 30 Jun 2023139
1 Jul 2021 – 30 Jun 202262
1 Jul 2020 – 30 Jun 2021117
1 Jul 2019 – 30 Jun 2020136
1 Jul 2018 – 30 Jun 2019136
1 Jul 2017 – 30 Jun 2018159
1 Jul 2016 – 30 Jun 201788
5 May 2015 – 30 Jun 201697

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
CEOMads VittrupCurrent
CEOSimon Dyrup NielsenCurrent
CEOHassan El-Azzazi
Owner (50%)Simba Holding ApSCurrent
Owner (50%)SDHD Holding ApSCurrent
Owner (33%)Simba Holding ApS
Owner (33%)Hassan El-Azzazi
Owner (20%)SDHD Holding ApS
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorREDMARK, GODKENDT REVISIONSPARTNERSELSKAB
FounderSimba Holding ApSCurrent
FounderHassan El-AzzaziCurrent

The CEOs' other companies

Mads Vittrup – 2 other companies

Simon Dyrup Nielsen – 1 other companies

Address history (3 moves)

Speditørvej 19, 9000 Aalborg
Speditørvej 1, 9000 Aalborg
Speditørvej 1, 1., 9000 Aalborg
c/o Mads Vittrup, Lindholmsvej 10, 9400 Nørresundby

Employees per year

Number of employees at Flexray Medical ApS per year232015: 320152016: 220162017: 320172018: 32018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Flexray Medical ApS

Has Flexray Medical ApS gone bankrupt?

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

What is the bankruptcy risk of Flexray Medical ApS?

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 CEO of Flexray Medical ApS?

Mads Vittrup, Simon Dyrup Nielsen are the CEOs of Flexray Medical ApS.

Who is the auditor of Flexray Medical ApS?

Flexray Medical ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Flexray Medical ApS founded?

Flexray Medical ApS was founded on 5 May 2015.

What is the equity of Flexray Medical ApS?

Equity was DKK 10.1m 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.