H&A Flex ApS

CVR 38172697 · Private limited company (ApS) · Active · Medium risk

H&A Flex ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry passagertransport ad vej uden fast køreplan. Our model estimates a bankruptcy risk of 1.6% over the next 12 months, which is 1.1 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 138k and a net result of DKK -118k.

Bankruptcy risk for H&A Flex ApS

1.6%
probability of bankruptcy within 12 months
Medium risk

1.1 × the average (1.41%) · higher risk than 79% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
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×
CEOs in total (historical)0 · bankruptcy rate 12.4%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×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Change in employeesUnchanged · bankruptcy rate 6.0%0.68×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38172697
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Dianavænget 7, 1. th
5250 Odense SV
Municipality
Odense
Industry
Passagertransport ad vej uden fast køreplan (493200)
Bankruptcies in the industry: Vejgodstransport
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio23.9%
Current ratio14%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 561kDKK 949kDKK 498k
Net profitDKK -118kDKK 149kDKK 38k
EquityDKK 138kDKK 256kDKK 107k
Total assetsDKK 576kDKK 867kDKK 1.0m
CashDKK 54kDKK 66k–
Short-term debtDKK 438kDKK 611k–
Avg. employees23–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025119
1 Jan 2024 – 31 Dec 2024167
1 Jan 2023 – 31 Dec 2023135
1 Jan 2022 – 31 Dec 2022158
1 Jan 2021 – 31 Dec 2021144
1 Jan 2020 – 31 Dec 2020174
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 201887
10 Nov 2016 – 31 Dec 2017128

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
Owner (90%)Adnan OsmanCurrent
Owner (5%)Salem Imad SaadCurrent
Owner (100%)Cengiz Basoda
Owner (100%)Adnan Osman
FounderCengiz BasodaCurrent

Address history (4 moves)

Dianavænget 7, 1. th, 5250 Odense SV
Heliosvænget 149B, 5250 Odense SV
c/o Cengiz Basoda, Dianavænget 23, 1. th, 5250 Odense SV
c/o Cengiz Basoda, Præstevænget 42, 5800 Nyborg
c/o Cengiz Basoda, Sprotoften 62, 1. tv, 5800 Nyborg

Former names

H&A Flex ApS – now
Cengiz Basoda ApS –

Employees per year

Number of employees at H&A Flex ApS per year112017: 120172018: 12018

Other companies at the same address

Similar companies in Odense

Questions and answers about H&A Flex ApS

Has H&A Flex ApS gone bankrupt?

No, H&A Flex ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of H&A Flex 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.

When was H&A Flex ApS founded?

H&A Flex ApS was founded on 10 November 2016.

What is the equity of H&A Flex ApS?

Equity was DKK 138k 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.