Flowcore ApS
CVR 37221813 · Private limited company (ApS) · Active · Medium risk
Flowcore ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 times the average for Danish companies. 10 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -535k and a net result of DKK -29k. CEO: Ólavur Ellefsen.
Bankruptcy risk for Flowcore ApS
1.1 × the average (1.41%) · higher risk than 79% of active Danish companies
Increases the risk
Reduces the risk
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
- 37221813
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (10 years)
- Address
- c/o Republikken, Vesterbrogade 26
1620 København V - Municipality
- København
- Industry
- Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 40k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 10 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -709.4% |
| Current ratio | 11% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 137 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 557k | DKK 326k | DKK -5,104 |
| Net profit | DKK -29k | DKK -542k | DKK -98k |
| Equity | DKK -535k | DKK -513k | DKK 29k |
| Total assets | DKK 75k | DKK 348k | DKK 29k |
| Cash | DKK 28k | DKK 15k | – |
| Short-term debt | DKK 610k | DKK 861k | – |
| Tax owed | DKK 44 | DKK 44 | – |
| Avg. employees | 2 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 179 | ||
| 1 Jan 2024 – 31 Dec 2024 | 180 | ||
| 1 Jan 2023 – 31 Dec 2023 | 150 | ||
| 1 Jan 2022 – 31 Dec 2022 | 178 | ||
| 1 Jan 2021 – 31 Dec 2021 | 192 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 192 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 239 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 151 | ||
| 1 Jan 2017 – 31 Dec 2017 | 168 | ||
| 12 Nov 2015 – 31 Dec 2016 | 164 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Ólavur Ellefsen | Current | |
| CEO | Rene Bischoff | ||
| Owner (100%) | Sp/F Flowcore | Current | |
| Owner (100%) | Rene Bischoff | ||
| Founder | Rene Bischoff | Current |
The CEOs' other companies
Ólavur Ellefsen – 3 other companies, of which 1 bankrupt
- GT 6. January 2017 ApS Bankrupt 6 Aug 2025
- Globe Tracker ApS Active
- Nemlia ApS Active
Address history (3 moves)
| c/o Republikken, Vesterbrogade 26, 1620 København V | |
| c/o René Bischoff, Jægerhusene 8, 2620 Albertslund | |
| c/o René Bischoff, Delta Park 12, 2. th, 2665 Vallensbæk Strand | |
| c/o René Bischoff, Delta Park 12, 2665 Vallensbæk Strand |
Former names
| Flowcore ApS | – now |
| Fjandin ApS | – |
| Fjandin IVS | – |
Other companies at the same address
- Anpartsselskabet af 13.02.2021 Bankrupt
- Earthshine Group ApS Bankrupt
- Earthshine Holdings ApS Bankrupt
- Ekranoplan IVS Bankrupt
- ONE MILLION MONKEYS IVS Bankrupt
- Omakase ApS Bankrupt
- Plan Penny IVS Bankrupt
- ROCK ON ApS Bankrupt
- Research and Dev IVS Bankrupt
- SHB 159 ApS Bankrupt
- SHB XLV ApS Bankrupt
- SUNSET INTERNATIONAL ApS Bankrupt
- Selskabet af 4. april 2022 ApS Bankrupt
- The Plant Era ApS Bankrupt
- Vievo IVS Bankrupt
- ZOUK ApS Bankrupt
- apertio IVS Bankrupt
- 40FF ApS Opløst
- 5 ALIVE MEDIA ApS Active
- AKTIESELSKABET AF 2. SEPTEMBER 2009 Opløst
- ARKI-LAB ApS Active
- ASX 2083 ApS Compulsorily dissolved
- Anders Both Holding ApS Active
- Anpartsselskabet af 07.07.2025 Active
- Appeal holding ApS Active
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Questions and answers about Flowcore ApS
Has Flowcore ApS gone bankrupt?
No, Flowcore ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Flowcore ApS?
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 CEO of Flowcore ApS?
Ólavur Ellefsen is the CEO of Flowcore ApS.
When was Flowcore ApS founded?
Flowcore ApS was founded on 12 November 2015.
What is the equity of Flowcore ApS?
Equity was DKK -535k 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.