FlowEngineering ApS

CVR 44433036 · Private limited company (ApS) · Active · Medium risk

FlowEngineering ApS is a Private limited company (ApS), founded on , based in Tranbjerg J. The company is registered in the industry rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 147k and a net result of DKK -452k. CEO: Morten Nascimento Grønborg.

Bankruptcy risk for FlowEngineering ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%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 ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
44433036
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Sletvej 2D
8310 Tranbjerg J
Municipality
Aarhus
Industry
Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder (711210)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio51.4%
Current ratio199%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address59
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 29kDKK 1.6m
Net profitDKK -452kDKK 683k
EquityDKK 147kDKK 723k
Total assetsDKK 285kDKK 1.0m
CashDKK 142kDKK 674k
Short-term debtDKK 139kDKK 317k
Tax owedDKK 0DKK 195k
Avg. employees11

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
14 Nov 2023 – 31 Dec 2024106

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
CEOMorten Nascimento GrønborgCurrent
Owner (100%)Morten Nascimento GrønborgCurrent
Owner (100%)GreenCastle Holding ApSCurrent
FounderGreenCastle Holding ApSCurrent

The CEOs' other companies

Morten Nascimento Grønborg – 1 other companies

Address history (2 moves)

Sletvej 2D, 8310 Tranbjerg J
Sletvej 2D, 8310 Tranbjerg J
Nørrevænget 94, 8310 Tranbjerg J

Other companies at the same address

Similar companies in Aarhus

Questions and answers about FlowEngineering ApS

Has FlowEngineering ApS gone bankrupt?

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

What is the bankruptcy risk of FlowEngineering ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of FlowEngineering ApS?

Morten Nascimento Grønborg is the CEO of FlowEngineering ApS.

When was FlowEngineering ApS founded?

FlowEngineering ApS was founded on 14 November 2023.

What is the equity of FlowEngineering ApS?

Equity was DKK 147k 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.