Flex Auto ApS

CVR 38817353 · Private limited company (ApS) · Active · Very high risk

Flex Auto ApS is a Private limited company (ApS), founded on , based in Odense NØ. The company is registered in the industry reparation og vedligeholdelse af motorkøretøjer i.a.n.. Our model estimates a bankruptcy risk of 7.8% over the next 12 months, which is 5.6 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 300k and a net result of DKK -1.8m. CEO: Aydin Maleki.

Bankruptcy risk for Flex Auto ApS

7.8%
probability of bankruptcy within 12 months
Very high risk

5.6 × the average (1.41%) · higher risk than 96% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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
38817353
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Vestbirkvej 3
5240 Odense NØ
Municipality
Odense
Industry
Reparation og vedligeholdelse af motorkøretøjer i.a.n. (953190)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 50k
Employees
5 (2018)
Auditor
Nem Revisor ApS
Audit opted out
No

Warning signs

Annual reports filed late3 of 8
Missing annual reportNo
Negative equityNo
Equity ratio3.4%
Current ratio61%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 5.7m
Net profitDKK -1.8mDKK 561k
EquityDKK 300kDKK 2.1m
Total assetsDKK 8.9mDKK 8.5m
CashDKK 317k–
Short-term debtDKK 8.2m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Nem Revisor ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025217 Late
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023144
1 Jan 2022 – 31 Dec 202289
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019173
24 Jul 2017 – 31 Dec 2018158

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
CEOAydin MalekiCurrent
CEOSalah Salem Al-Badri
Owner (100%)Flex Holding Odense ApSCurrent
Owner (100%)Salah Salem Al-Badri
AuditorNem Revisor ApSCurrent
AuditorHARBOE CONSULT ApS - GODKENDT REVISIONSVIRKSOMHED
AuditorDansk Revision Grenaa, Statsautoriseret revisionsvirksomhed
FounderSalah Salem Al-BadriCurrent

The CEOs' other companies

Aydin Maleki – 1 other companies, of which 1 bankrupt

Salah Salem Al-Badri – 6 other companies, of which 4 bankrupt

Address history (2 moves)

Vestbirkvej 3, 5240 Odense NØ
Middelfartvej 433, 5491 Blommenslyst
Lumbyvej 33H, 5000 Odense C

Employees per year

Number of employees at Flex Auto ApS per year352017: 220172018: 52018

Other companies at the same address

Similar companies in Odense

Questions and answers about Flex Auto ApS

Has Flex Auto ApS gone bankrupt?

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

What is the bankruptcy risk of Flex Auto ApS?

Our model estimates a bankruptcy risk of 7.8% over the next 12 months (very high risk), which is 5.6 times the average for Danish companies.

Who is the CEO of Flex Auto ApS?

Aydin Maleki is the CEO of Flex Auto ApS.

Who is the auditor of Flex Auto ApS?

Flex Auto ApS most recently used Nem Revisor ApS.

When was Flex Auto ApS founded?

Flex Auto ApS was founded on 24 July 2017.

What is the equity of Flex Auto ApS?

Equity was DKK 300k 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.