Flex Ejendom ApS

CVR 40400508 · Private limited company (ApS) · Active · High risk

Flex Ejendom ApS is a Private limited company (ApS), founded on , based in Odense NØ. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 7 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 2.0m and a net result of DKK -2.6m.

Bankruptcy risk for Flex Ejendom ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
CEO's previous bankruptcies3+ · bankruptcy rate 20.2%2.3×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
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
40400508
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Vestbirkvej 3
5240 Odense NØ
Municipality
Odense
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
Nem Revisor ApS
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 7
Missing annual reportNo
Negative equityNo
Equity ratio16.0%
Current ratio14%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies4
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.7mDKK 1.4m
Net profitDKK -2.6mDKK -19k
EquityDKK 2.0mDKK 4.6m
Total assetsDKK 12.7mDKK 16.2m
CashDKK 37k–
Short-term debtDKK 9.2m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · 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
31 Mar 2019 – 31 Dec 2019173

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
CEOSalah Salem Al-Badri
CEOHussein Salem Al-Badri
Owner (100%)Flex Holding Odense ApSCurrent
FounderFlex Holding Odense ApSCurrent

The CEOs' other companies

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

Hussein Salem Al-Badri – 7 other companies, of which 4 bankrupt

Address history (1 moves)

Vestbirkvej 3, 5240 Odense NØ
Middelfartvej 433, 5491 Blommenslyst

Other companies at the same address

Similar companies in Odense

Questions and answers about Flex Ejendom ApS

Has Flex Ejendom ApS gone bankrupt?

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

What is the bankruptcy risk of Flex Ejendom ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the auditor of Flex Ejendom ApS?

Flex Ejendom ApS most recently used Nem Revisor ApS.

When was Flex Ejendom ApS founded?

Flex Ejendom ApS was founded on 31 March 2019.

What is the equity of Flex Ejendom ApS?

Equity was DKK 2.0m 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.