Flex Vending A/S

CVR 37266205 · Public limited company (A/S) · Active · Low risk

Flex Vending A/S is a Public limited company (A/S), founded on , based in Tilst. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 10 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 816k and a net result of DKK 153k. CEO: Mads Weltz Pedersen.

Bankruptcy risk for Flex Vending A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
37266205
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Grydhøjparken 9F
8381 Tilst
Municipality
Aarhus
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 500k
Employees
1 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 10
Missing annual reportNo
Negative equityNo
Equity ratio48.3%
Current ratio147%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 555kDKK 829k
Net profitDKK 153kDKK 260k
EquityDKK 816kDKK 1.2m
Total assetsDKK 1.7mDKK 1.8m
CashDKK 342k–
Short-term debtDKK 794k–
Avg. employees1–

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 2025153
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022172
1 Jan 2021 – 31 Dec 2021167
1 Jan 2020 – 31 Dec 2020141
1 Jan 2019 – 31 Dec 2019190 Late
1 Jan 2018 – 31 Dec 2018129
1 Jan 2017 – 31 Dec 2017157
26 Nov 2015 – 31 Dec 2016171

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 Weltz PedersenCurrent
CEOHenrik Wegener Mæhlisen
BoardMads Weltz PedersenCurrent
BoardSøren Søndergaard OlsenCurrent
BoardMaria Louise Horndrup PedersenCurrent
BoardHenrik Balleby Madsen
BoardBrian Hansen
BoardHenrik Wegener Mæhlisen
BoardTim Balleby Berg
BoardTim Balleby Berg
BoardChris Balleby Nordli
Owner (100%)WELTZ ApSCurrent
Owner (33%)BH INVEST LØKKEN ApS
Owner (25%)HWM INVEST ApS
Owner (33%)WELTZ ApS
Owner (33%)Balleby Holding ApS
Owner (50%)WELTZ ApS
Owner (50%)Balleby Holding ApS
FounderBH INVEST LØKKEN ApSCurrent
FounderHWM INVEST ApSCurrent
FounderWELTZ ApSCurrent
FounderBalleby Holding ApSCurrent

The CEOs' other companies

Mads Weltz Pedersen – 4 other companies, of which 1 bankrupt

Henrik Wegener Mæhlisen – 4 other companies

Address history (3 moves)

Grydhøjparken 9F, 8381 Tilst
Grydhøjparken 9F, 8381 Tilst
Kirkevej 38, 8660 Skanderborg
Eskebækparken 8, 1. th, 8660 Skanderborg

Former names

Flex Vending A/S – now
Flex Vinding A/S –

Employees per year

Number of employees at Flex Vending A/S per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Flex Vending A/S

Has Flex Vending A/S gone bankrupt?

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

What is the bankruptcy risk of Flex Vending A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Flex Vending A/S?

Mads Weltz Pedersen is the CEO of Flex Vending A/S.

Who is the auditor of Flex Vending A/S?

Flex Vending A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Flex Vending A/S founded?

Flex Vending A/S was founded on 26 November 2015.

What is the equity of Flex Vending A/S?

Equity was DKK 816k 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.