FLOW-Group ApS

CVR 44954117 · Private limited company (ApS) · Active · High risk

FLOW-Group ApS is a Private limited company (ApS), founded on , based in Vejle Øst. The company is registered in the industry fremstilling af sportsudstyr. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 1 annual report has been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 40k and a net result of DKK -113k. CEO: Russell James Brice, Galya Krasimirova Brice.

Bankruptcy risk for FLOW-Group ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Reporting classReporting class B, micro-undertaking · bankruptcy rate 21.0%2.4×
Age (years)2 yrs · bankruptcy rate 18.9%2.1×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
44954117
Status
Active
Company type
Private limited company (ApS)
Founded
(2 years)
Address
Strandvejen 60
7120 Vejle Øst
Municipality
Vejle
Industry
Fremstilling af sportsudstyr (323000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 1
Missing annual reportNo
Negative equityNo
Equity ratio38.7%
Current ratio163%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -113k
Net profitDKK -113k
EquityDKK 40k
Total assetsDKK 103k
CashDKK 103k
Short-term debtDKK 63k

Latest annual report: Reporting class B, micro-undertaking · auditor's statement: No audit assistance.

Filed annual reports

Reporting periodPublishedDays after period end
3 Jul 2024 – 31 Dec 2025190 Late

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
CEORussell James BriceCurrent
CEOGalya Krasimirova BriceCurrent
Owner (50%)Russell James BriceCurrent
Owner (50%)Galya Krasimirova BriceCurrent
FounderRussell James BriceCurrent
FounderGalya Krasimirova BriceCurrent

The CEOs' other companies

Russell James Brice – 1 other companies

Address history (0 moves)

Strandvejen 60, 7120 Vejle Øst

Similar companies in Vejle

Questions and answers about FLOW-Group ApS

Has FLOW-Group ApS gone bankrupt?

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

What is the bankruptcy risk of FLOW-Group ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of FLOW-Group ApS?

Russell James Brice, Galya Krasimirova Brice are the CEOs of FLOW-Group ApS.

When was FLOW-Group ApS founded?

FLOW-Group ApS was founded on 3 July 2024.

What is the equity of FLOW-Group ApS?

Equity was DKK 40k 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.