Flexible Development ApS

CVR 38385852 · Private limited company (ApS) · Active · Low risk

Flexible Development ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry it-infrastruktur, databehandling, hosting og relaterede aktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 514k and a net result of DKK 49k. CEO: Steen Abild Mortensen.

Bankruptcy risk for Flexible Development ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
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×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
38385852
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Filosofhaven 40C, st.
5000 Odense C
Municipality
Odense
Industry
IT-infrastruktur, databehandling, hosting og relaterede aktiviteter (631000)
Bankruptcies in the industry: Webportaler
Share capital
DKK 50k
Employees
4 (2018)
Auditor
ADVOSION
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio41.5%
Current ratio165%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.3mDKK 2.0m
Net profitDKK 49kDKK 41k
EquityDKK 514kDKK 465k
Total assetsDKK 1.2mDKK 1.1m
CashDKK 673k–
Short-term debtDKK 725k–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · ADVOSION.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024142
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020196 Late
1 Jan 2019 – 31 Dec 2019254 Late
1 Jan 2018 – 31 Dec 2018162
1 Feb 2017 – 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
CEOSteen Abild MortensenCurrent
Owner (100%)Abild Mortensen ApSCurrent
Owner (25%)Michael Mortensen
Owner (67%)Abild Mortensen ApS
FounderMichael MortensenCurrent
FounderAbild Mortensen ApSCurrent

The CEOs' other companies

Steen Abild Mortensen – 2 other companies

Address history (5 moves)

Filosofhaven 40C, st., 5000 Odense C
Vestergade 48, 1., 5000 Odense C
Vestergade 75C, 1., 5000 Odense C
c/o Steen Mortensen, Fuglebakken 27, 5560 Aarup
Sivmosevænget 2L, 5260 Odense S
Fuglebakken 27, 5560 Aarup

Employees per year

Number of employees at Flexible Development ApS per year242017: 220172018: 42018

Other companies at the same address

Similar companies in Odense

Questions and answers about Flexible Development ApS

Has Flexible Development ApS gone bankrupt?

No, Flexible Development ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Flexible Development ApS?

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

Who is the CEO of Flexible Development ApS?

Steen Abild Mortensen is the CEO of Flexible Development ApS.

Who is the auditor of Flexible Development ApS?

Flexible Development ApS most recently used ADVOSION.

When was Flexible Development ApS founded?

Flexible Development ApS was founded on 1 February 2017.

What is the equity of Flexible Development ApS?

Equity was DKK 514k 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.