Power by Flex ApS

CVR 38228285 · Private limited company (ApS) · Active · Low risk

Power by Flex ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry drift af fitnesscentre. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 42k and a net result of DKK -9,247. CEO: Flemming Andresen.

Bankruptcy risk for Power by Flex ApS

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×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
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

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
38228285
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Flemming Andresen, Langagertoften 27
8660 Skanderborg
Municipality
Skanderborg
Industry
Drift af fitnesscentre (931300)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 40k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio73.8%
Current ratio382%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,808DKK 1,071DKK 35k
Net profitDKK -9,247DKK -345DKK 26k
EquityDKK 42kDKK 52kDKK 113k
Total assetsDKK 58kDKK 74kDKK 142k
CashDKK 57kDKK 74k–
Short-term debtDKK 15kDKK 22k–
Tax owedDKK 0DKK 7,326–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025187 Late
1 Jan 2024 – 31 Dec 2024172
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022143
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020150
1 Jan 2019 – 31 Dec 2019116
1 Jan 2018 – 31 Dec 2018161
25 Nov 2016 – 31 Dec 2017163

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
CEOFlemming AndresenCurrent
Owner (100%)Flemming AndresenCurrent
FounderFlemming AndresenCurrent

The CEOs' other companies

Flemming Andresen – 2 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Flemming Andresen, Langagertoften 27, 8660 Skanderborg
c/o Flemming Andresen, Stabelvej 2, 8660 Skanderborg
c/o Flemming Andresen, Tousvej 40, 8230 Åbyhøj

Former names

Power by Flex ApS – now
Power by Flex IVS –

Employees per year

Number of employees at Power by Flex ApS per year112018: 02018

Similar companies in Skanderborg

Questions and answers about Power by Flex ApS

Has Power by Flex ApS gone bankrupt?

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

What is the bankruptcy risk of Power by Flex ApS?

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 Power by Flex ApS?

Flemming Andresen is the CEO of Power by Flex ApS.

When was Power by Flex ApS founded?

Power by Flex ApS was founded on 25 November 2016.

What is the equity of Power by Flex ApS?

Equity was DKK 42k 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.