Heatflow ApS
CVR 39312999 · Private limited company (ApS) · Active · Low risk
Heatflow ApS is a Private limited company (ApS), founded on , based in Hobro. The company is registered in the industry fremstilling af klimaanlæg, ikke til husholdningsbrug. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.4m and a net result of DKK 226k. CEO: Paw Fallgaard Mortensen.
Bankruptcy risk for Heatflow ApS
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
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
- 39312999
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (8 years)
- Address
- Majsmarken 1
9500 Hobro - Municipality
- Mariagerfjord
- Industry
- Fremstilling af klimaanlæg, ikke til husholdningsbrug (282500)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n. - Share capital
- DKK 50k
- Auditor
- PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 0 of 8 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 47.8% |
| Current ratio | 82% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 0 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 22 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 2.4m | DKK 1.3m | DKK 2.2m |
| Net profit | DKK 226k | DKK 485k | DKK 459k |
| Equity | DKK 1.4m | DKK 1.2m | DKK 709k |
| Total assets | DKK 3.0m | DKK 2.2m | DKK 2.8m |
| Cash | DKK 370k | DKK 231k | – |
| Short-term debt | DKK 1.1m | DKK 663k | – |
| Avg. employees | 1 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 111 | ||
| 1 Jan 2024 – 31 Dec 2024 | 126 | ||
| 1 Jan 2023 – 31 Dec 2023 | 94 | ||
| 1 Jan 2022 – 31 Dec 2022 | 157 | ||
| 1 Jan 2021 – 31 Dec 2021 | 158 | ||
| 1 Jan 2020 – 31 Dec 2020 | 154 | ||
| 1 Jan 2019 – 31 Dec 2019 | 147 | ||
| 6 Feb 2018 – 31 Dec 2018 | 80 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Paw Fallgaard Mortensen | Current | |
| Owner (50%) | Delvid Holding ApS | Current | |
| Owner (50%) | Naldal Holding ApS | Current | |
| Owner (33%) | Morten Søegaard Espersen | ||
| Owner (10%) | Delvid Holding ApS | ||
| Owner (33%) | Naldal Holding ApS | ||
| Owner (90%) | Naldal Holding ApS | ||
| Owner (25%) | Delvid Holding ApS | ||
| Owner (33%) | Naldal Holding ApS | ||
| Owner (25%) | Skjoldrup Holding ApS | ||
| Owner (33%) | Delvid Holding ApS | ||
| Owner (10%) | PTHolding2024 ApS | ||
| Founder | Morten Søegaard Espersen | Current | |
| Founder | Delvid Holding ApS | Current | |
| Founder | Naldal Holding ApS | Current |
The CEOs' other companies
Paw Fallgaard Mortensen – 3 other companies
- ALPCON A/S Opløst
- Delvid Holding ApS Active
- GEST ApS Active
Address history (1 moves)
| Majsmarken 1, 9500 Hobro | |
| Gammel Løkkensvej 52, 9800 Hjørring |
Other companies at the same address
- CEMSYSTEMS A/S Bankrupt
- DANPORT TRADING 2008 ApS Bankrupt
- DS af 28. december 2015 ApS Bankrupt
- EURO FRAGT ApS Bankrupt
- LJ HOLDING HOBRO ApS Bankrupt
- NVENTIV A/S Bankrupt
- TRIOMEC K/S Bankrupt
- AVS INDEKLIMA ApS Compulsorily dissolved
- Gebhardt Intralogistics Nordic ApS Active
- Gebhardt Nordic ApS Fusioneret
- HOLTEC AUTOMATIC - NORD A/S Fusioneret
- JS GREEN ENERGY ApS Compulsorily dissolved
- KOMPLEMENTARSELSKABET TRIOMEC ApS Compulsorily dissolved
- Købers Partner ApS Active
- MBR Holding Group ApS Active
- MBR Process Consult ApS Active
- Olicem A/S Active
- RENÈ JENSEN NØRAGER HOLDING ApS Fusioneret
- SFC Energy Denmark ApS Active
- SKIVEEGNENS DYRETRANSPORT A/S Opløst
- TRAVELBROKER NORDIC ApS Active
- TRAVELMEDIA NORDIC ApS Active
Similar companies in Mariagerfjord
- Klimaventi ApS Hadsund
- Billigsol ApS Hadsund
- AAGAARD A/S Hadsund
- NORDFAB EUROPE A/S Mariager
- NEDERMAN MANUFACTURING DENMARK A/S Mariager
- Selskabet af 01.03.2022 ApS Hadsund
- Selskabet af 06.03.2020 ApS Hobro
- MVM MONTAGE IVS Mariager
- Selskabet af 25.08.2017 ApS Hobro
Questions and answers about Heatflow ApS
Has Heatflow ApS gone bankrupt?
No, Heatflow ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Heatflow ApS?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of Heatflow ApS?
Paw Fallgaard Mortensen is the CEO of Heatflow ApS.
Who is the auditor of Heatflow ApS?
Heatflow ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.
When was Heatflow ApS founded?
Heatflow ApS was founded on 6 February 2018.
What is the equity of Heatflow ApS?
Equity was DKK 1.4m 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.