Flogo Apartments ApS

CVR 41099240 · Private limited company (ApS) · Active · High risk

Flogo Apartments ApS is a Private limited company (ApS), founded on , based in Ruds Vedby. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 2.8% over the next 12 months, which is 2.0 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.4m and a net result of DKK 110k. CEO: Lucas Flor Leegaard Jørgensen, Kim Gormsen.

Bankruptcy risk for Flogo Apartments ApS

2.8%
probability of bankruptcy within 12 months
High risk

2.0 × the average (1.41%) · higher risk than 87% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
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
41099240
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Birkevej 14B
4291 Ruds Vedby
Municipality
Sorø
Industry
Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityNo
Equity ratio20.9%
Current ratio99%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.8mDKK 5.9mDKK 2.0m
Net profitDKK 110kDKK 1.2mDKK 420k
EquityDKK 2.4mDKK 2.3mDKK 1.1m
Total assetsDKK 11.5mDKK 8.8mDKK 5.0m
CashDKK 979kDKK 255k–
Short-term debtDKK 3.6mDKK 3.9m–
Tax owedDKK 0DKK 258k–
Avg. employees59–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024185 Late
1 Jan 2023 – 31 Dec 2023127
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021216 Late
22 Jan 2020 – 31 Dec 2020165

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
CEOLucas Flor Leegaard JørgensenCurrent
CEOKim GormsenCurrent
Owner (50%)Flor Investments ApSCurrent
Owner (50%)Invest Gormsen ApSCurrent
FounderFlor Investments ApSCurrent
FounderInvest Gormsen ApSCurrent

The CEOs' other companies

Lucas Flor Leegaard Jørgensen – 3 other companies

Kim Gormsen – 3 other companies

Address history (4 moves)

Birkevej 14B, 4291 Ruds Vedby
Østerled 8, 4281 Gørlev
Birkevej 14B, 4291 Ruds Vedby
Hovedgaden 9, st. th, 4270 Høng
Dianalundvej 23, 4293 Dianalund

Former names

Flogo Apartments ApS – now
Flogo Byg ApS –

Other companies at the same address

Similar companies in Sorø

Questions and answers about Flogo Apartments ApS

Has Flogo Apartments ApS gone bankrupt?

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

What is the bankruptcy risk of Flogo Apartments ApS?

Our model estimates a bankruptcy risk of 2.8% over the next 12 months (high risk), which is 2.0 times the average for Danish companies.

Who is the CEO of Flogo Apartments ApS?

Lucas Flor Leegaard Jørgensen, Kim Gormsen are the CEOs of Flogo Apartments ApS.

When was Flogo Apartments ApS founded?

Flogo Apartments ApS was founded on 22 January 2020.

What is the equity of Flogo Apartments ApS?

Equity was DKK 2.4m 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.