AS-Flex ApS

CVR 38164244 · Private limited company (ApS) · Active · Low risk

AS-Flex ApS is a Private limited company (ApS), founded on , based in Odense M. The company is registered in the industry passagertransport ad vej uden fast køreplan. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 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 258k and a net result of DKK 85k.

Bankruptcy risk for AS-Flex ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38164244
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o mahamed ahmed mahamud, Klingstrupvænget 15, 1. tv
5230 Odense M
Municipality
Odense
Industry
Passagertransport ad vej uden fast køreplan (493200)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio46.1%
Current ratio480%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 482kDKK 532kDKK 310k
Net profitDKK 85kDKK 2,678DKK 47k
EquityDKK 258kDKK 173kDKK 170k
Total assetsDKK 558kDKK 618kDKK 839k
CashDKK 69kDKK 94k–
Short-term debtDKK 42kDKK 70k–
Tax owedDKK 24kDKK 2,520–
Avg. employees21–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 2024126
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022170
1 Jan 2021 – 31 Dec 202184
1 Jan 2020 – 31 Dec 2020173
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018112
7 Nov 2016 – 31 Dec 2017108

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
CEOMohamad El-Hawari
Owner (100%)Mahamed Ahmed MahamudCurrent
Owner (100%)Waæl Abdalla
Owner (10%)Mohamad El-Hawari
Owner (100%)Ahmad Mahamud Shakir
FounderWaæl AbdallaCurrent

The CEOs' other companies

Mohamad El-Hawari – 2 other companies

Address history (2 moves)

c/o mahamed ahmed mahamud, Klingstrupvænget 15, 1. tv, 5230 Odense M
Egeparken 22, 1. th, 5240 Odense NØ
Fyrreparken 172, 3. th, 5240 Odense NØ

Former names

AS-Flex ApS – now
Waæl Abdalla ApS –

Employees per year

Number of employees at AS-Flex ApS per year112017: 120172018: 02018

Similar companies in Odense

Questions and answers about AS-Flex ApS

Has AS-Flex ApS gone bankrupt?

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

What is the bankruptcy risk of AS-Flex ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

When was AS-Flex ApS founded?

AS-Flex ApS was founded on 7 November 2016.

What is the equity of AS-Flex ApS?

Equity was DKK 258k 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.