FLATPAY ApS
CVR 42718033 · Private limited company (ApS) · Active · Low risk
FLATPAY ApS is a Private limited company (ApS), founded on , based in Herlev. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 148.0m and a net result of DKK -77.5m. CEO: Rasmus Busk, Peter Foss Lüth.
Bankruptcy risk for FLATPAY ApS
0.4 × the average (1.41%) · higher risk than 66% 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
- 42718033
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (5 years)
- Address
- Hørkær 16, 3.
2730 Herlev - Municipality
- Herlev
- Industry
- Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi - Share capital
- DKK 142k
- Auditor
- DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 4 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 76.7% |
| Current ratio | 549% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 35 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Revenue | DKK 39.3m | DKK 11.3m |
| Gross profit | DKK 4.2m | DKK 1.6m |
| Net profit | DKK -77.5m | DKK -20.3m |
| Equity | DKK 148.0m | DKK 79.2m |
| Total assets | DKK 193.0m | DKK 87.5m |
| Cash | DKK 139.4m | – |
| Short-term debt | DKK 27.1m | – |
| Tax owed | DKK 225k | – |
| Avg. employees | 957 | – |
Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 177 | ||
| 1 Jan 2024 – 31 Dec 2024 | 174 | ||
| 1 Jan 2023 – 31 Dec 2023 | 176 | ||
| 23 Sep 2021 – 31 Dec 2022 | 180 |
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 | Rasmus Busk | Current | |
| CEO | Peter Foss Lüth | Current | |
| CEO | Rasmus Busk | ||
| Board | Lars Andersen | Current | |
| Board | Peter Foss Lüth | Current | |
| Board | Rasmus Busk | Current | |
| Board | Ines Streimelweger | Current | |
| Board | Joshua Carl Bell | Current | |
| Board | Warda Shaheen | Current | |
| Board | Thomas Stegeager Kvorning | Current | |
| Board | Henrik Poulsen | Current | |
| Board | Kristian Nygaard Johansen | ||
| Board | Jerome Bengård Baltzersen | ||
| Board | Rasmus Busk | ||
| Board | Caroline Eggert Frydenberg | ||
| Board | Thomas Stegeager Kvorning | ||
| Board | Marco Filipe Cândido Dos Santos | ||
| Owner (5%) | LFSE Holding 1 ApS | Current | |
| Owner (5%) | SVRA JJ Holding 2 ApS | Current | |
| Owner (5%) | FL Invest ApS | Current | |
| Owner (15%) | Seed Capital Denmark IV K/S | Current | |
| Owner (10%) | Dawn Capital V SCSp | Current | |
| Owner (10%) | FP Holdings Limited | Current | |
| Owner (15%) | HS Investments EFP II Limited | Current | |
| Owner (100%) | RASMUS BUSK HOLDING ApS | ||
| Owner (25%) | LÜTH INVEST ApS | ||
| Owner (25%) | RASMUS BUSK HOLDING ApS | ||
| Owner (10%) | KJOHA ApS | ||
| Owner (25%) | Sander Jensen Holding ApS | ||
| Owner (20%) | LÜTH INVEST ApS | ||
| Owner (20%) | RASMUS BUSK HOLDING ApS | ||
| Owner (5%) | KJOHA ApS | ||
| Owner (20%) | Sander Jensen Holding ApS | ||
| Owner (20%) | Seed Capital Denmark IV K/S | ||
| Owner (5%) | Tsk 2019 ApS | ||
| Owner (10%) | LÜTH INVEST ApS | ||
| Owner (10%) | RASMUS BUSK HOLDING ApS | ||
| Owner (10%) | Sander Jensen Holding ApS | ||
| Owner (20%) | Seed Capital Denmark IV K/S | ||
| Owner (20%) | HS Investments EFP II Limited | ||
| Owner (20%) | Seed Capital Denmark IV K/S | ||
| Owner (20%) | HS Investments EFP II Limited | ||
| Owner (20%) | Seed Capital Denmark IV K/S | ||
| Owner (5%) | Dawn Capital V SCSp | ||
| Owner (5%) | LÜTH INVEST ApS | ||
| Owner (5%) | RASMUS BUSK HOLDING ApS | ||
| Owner (5%) | Sander Jensen Holding ApS | ||
| Owner (20%) | HS Investments EFP II Limited | ||
| Owner (15%) | Dawn Capital V SCSp | ||
| Owner (5%) | LFSE Holdco ApS | ||
| Owner (20%) | Seed Capital Denmark IV K/S | ||
| Owner (20%) | HS Investments EFP II Limited | ||
| Owner (15%) | Dawn Capital V SCSp | ||
| Owner (10%) | FP Holdings Limited | ||
| Owner (5%) | Janca Jensen Holding ApS | ||
| Owner (5%) | Foss Lüth Invest ApS | ||
| Owner (20%) | HS Investments EFP II Limited | ||
| Owner (5%) | AVP Late Stage I S.L.P. | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | RASMUS BUSK HOLDING ApS | Current |
The CEOs' other companies
Rasmus Busk – 21 other companies, of which 2 bankrupt
- DEALCIRCLE ApS Bankrupt 2 Nov 2023
- MXNEY ApS Bankrupt 1 Jul 2024
- BOOKINGABUS.COM ApS Fusioneret
- Blackbird Coffee ApS Active
- Busk Matikainen Holding ApS Active
- Ella Busk Matikainen Holding ApS Active
- FAV A/S Active
- FLATPAY FINANCIAL SERVICES A/S Active
- Five Taps ApS Active
- Freja Busk Matikainen Holding ApS Active
- LFSE Holdco ApS Fusioneret
- LFSE Holding 1 ApS Active
- LFSE Holding 2 ApS Active
- Laura Busk Matikainen Holding ApS Active
- Måtteservice Danmark ApS Active
- Norlix ApS Active
- Plenti ApS Fusioneret
- RASMUS BUSK HOLDING ApS Active
- RNGUPTA IVS Opløst
- Storm Busk Matikainen Holding ApS Active
- Verisure A/S Active
Peter Foss Lüth – 13 other companies, of which 1 bankrupt
- DJOBCLUB A/S Bankrupt 8 Apr 2013
- FL Invest ApS Active
- FLATPAY FINANCIAL SERVICES A/S Active
- Foss Lüth ApS Active
- Foss Lüth Invest ApS Fusioneret
- LFL 12 ApS Active
- LFL 14 ApS Active
- LÜTH HOLDING ApS Opløst
- LÜTH INVEST ApS Active
- MOBIIWARE ApS Opløst
- MVNO SYSTEMS A/S Active
- P. Lüth Invest ApS Active
- Revolvo ApS Active
Address history (3 moves)
| Hørkær 16, 3., 2730 Herlev | |
| Lyskær 13A, 3., 2730 Herlev | |
| c/o Vision House, Lyskær 8A, st. tv, 2730 Herlev | |
| c/o Rasmus Busk, Elmekrogen 10, 3500 Værløse |
Former names
| FLATPAY ApS | – now |
| Flat Pay ApS | – |
| Fri Fri Mobil ApS | – |
Other companies at the same address
- TYRÉNS A/S Bankrupt
- Atlas Christian Holding ApS Active
- Blackbird Coffee ApS Active
- Busk Matikainen Holding ApS Active
- Ella Busk Matikainen Holding ApS Active
- FL Invest ApS Active
- FLATPAY FINANCIAL SERVICES A/S Active
- FLATPAY TECH ApS Active
- Foss Lüth ApS Active
- Freja Busk Matikainen Holding ApS Active
- HENRIK THERNØE ApS Opløst
- Høreservice Danmark ApS Active
- Janca-Jensen Holding ApS Active
- Janca-Jensen ejendomme og grunde ApS Active
- LFL 12 ApS Active
- LFL 14 ApS Active
- LFSE Holding 1 ApS Active
- LFSE Holding 2 ApS Active
- Laura Busk Matikainen Holding ApS Active
- LÜTH INVEST ApS Active
- Måtteservice Danmark ApS Active
- P. Lüth Invest ApS Active
- RASMUS BUSK HOLDING ApS Active
- Rose Ny Holding ApS Active
- SALOMA HOLDING ApS Active
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Questions and answers about FLATPAY ApS
Has FLATPAY ApS gone bankrupt?
No, FLATPAY ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of FLATPAY ApS?
Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of FLATPAY ApS?
Rasmus Busk, Peter Foss Lüth are the CEOs of FLATPAY ApS.
Who is the auditor of FLATPAY ApS?
FLATPAY ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was FLATPAY ApS founded?
FLATPAY ApS was founded on 23 September 2021.
What is the equity of FLATPAY ApS?
Equity was DKK 148.0m 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.