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MG Flex ApS
APS
Active
CVR 39979640
Lysbrovej 25
On-demand passenger transport service activities by vehicle with driver · NACE 4933
Est. 2018
11 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 6,3M
+39% vs 2023
EBITDA margin
32.8%
+87% vs 2023
Equity ratio
43.3%
Financial strength
Net profit 2024
DKK 1,1M
+69% vs 2023
EBITDA — year on year
DKK millions
0M
1M
1M
2M
3M
0M
2019
0M
0%
2020
0M
0%
2021
2M
+200%
2022
1M
-50%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
DKK 6,3M
+39%
EBITDA
DKK 2,1M
+87%
Net profit
DKK 1,1M
+69%
Total assets
DKK 7,3M
+11%
Equity
DKK 3,1M
+52%
Employees
11
—
Company information
Legal name
MG Flex ApS
CVR number
39979640
Legal form
Anpartsselskab
NACE code
4933 · On-demand passenger transport service activities by vehicle with driver
Founded
29. oktober 2018
Share capital
DKK 70.000
Employees
11 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af en direktør alene.
Company purpose
Virksomhedens formål er at drive Taxa virksomhed
Contact
Address
Lysbrovej 25
Phone
+4527151218
Email
Mflex822@gmail.com
Recent events
1 entries
Event
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Companies in On-demand passenger transport service activities by vehicle with driver
Companies in Rødovre
All Denmark companies
Revenue
DKK millions
0M
2M
3M
5M
7M
0M
2019
0M
2020
0M
2021
4M
2022
5M
2023
6M
2024
EBITDA
DKK millions
0M
1M
1M
2M
2M
0M
2019
0M
2020
0M
2021
2M
2022
1M
2023
2M
2024
Income statement
DKK thousands
Item
2019
2020
2021
2022
2023
2024
Revenue
0
31
315
3.617
4.558
6.323
Staff expenses
-0
-0
-196
-1.685
-3.449
-4.247
EBITDA
0
31
119
1.932
1.110
2.076
Depreciation & amort.
-0
-0
-28
-242
-242
-511
EBIT
0
31
91
1.690
868
1.565
Net financials
0
-0
-3
-10
-56
-154
Profit before tax
0
31
88
1.680
812
1.411
Tax
-0
7
22
390
179
342
Net profit
0
24
66
1.290
634
1.069
Balance sheet
DKK thousands
Item
2019
2020
2021
2022
2023
2024
Total assets
0
84
180
2.336
6.536
7.262
Equity
0
64
129
1.439
2.073
3.142
Long-term debt
0
0
0
0
0
2.539
Short-term debt
0
20
51
897
4.463
1.553
Total debt
0
20
51
897
4.463
4.092
Financial ratios
5-year trend
EBITDA margin
32.8%
This company
15.8%
Market median
+108% vs market
2019
2024
Equity ratio
43.3%
This company
38.2%
Market median
+13% vs market
2019
2024
Return on equity
34.0%
This company
18.4%
Market median
+85% vs market
2019
2024
Net profit margin
16.9%
This company
8.1%
Market median
+109% vs market
2019
2024
Asset turnover
0.87×
This company
1.12×
Market median
+22% vs market
2019
2024
Debt / equity
1.31×
This company
0.62×
Market median
-111% vs market
2019
2024
Annual reports & filings
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-10-29 – 2019-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
NR
Nadeem Riaz
Founder
Founder
2018
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Gadro Osman Mohamad
Individual
100.0%
100.0%
2020
Instacare AB
Individual
100.0%
100.0%
2019
Blekinge Pharmacy Holding AB
Individual
100.0%
100.0%
2018
Shahzad Riaz
Individual
20.0%
20.0%
2018
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MG Flex ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Nadeem Riaz
Founder
0 companies