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Flex Midt ApS
APS
Active
CVR 42131245
Vestbirkvej 3
Non-scheduled passenger transport by road · NACE 4932
Est. 2021
22 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
DKK 16,1M
+22% vs 2023
EBITDA margin
24.0%
-13% vs 2023
Equity ratio
45.1%
Financial strength
Net profit 2024
DKK 2,6M
-17% vs 2023
EBITDA — year on year
DKK millions
0M
1M
3M
4M
5M
0M
2021
1M
+100%
2022
4M
+300%
2023
4M
0%
2024
Key figures
Annual report 2024
Revenue
DKK 16,1M
+22%
EBITDA
DKK 3,9M
-13%
Net profit
DKK 2,6M
-17%
Total assets
DKK 10,3M
+13%
Equity
DKK 4,6M
+18%
Employees
22
—
Company information
Legal name
Flex Midt ApS
CVR number
42131245
Legal form
Anpartsselskab
NACE code
4932 · Non-scheduled passenger transport by road
Founded
12. februar 2021
Share capital
DKK 370.000
Employees
22 (FTE)
VAT registered
No
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør.
Company purpose
Selskabets formål er at drive virksomhed med salg af befordringsydelser samt enhver i forbindelse hermed stående virksomhed.
Contact
Address
Vestbirkvej 3
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Revenue
DKK millions
0M
5M
9M
14M
18M
0M
2021
3M
2022
13M
2023
16M
2024
EBITDA
DKK millions
0M
1M
2M
3M
5M
0M
2021
1M
2022
4M
2023
4M
2024
Income statement
DKK thousands
Item
2021
2022
2023
2024
Revenue
-8
3.315
13.188
16.107
Staff expenses
-0
-2.657
-8.587
-11.806
EBITDA
-8
658
4.437
3.868
Depreciation & amort.
-0
-112
-239
-450
EBIT
-8
546
4.198
3.418
Net financials
1
-30
-110
-24
Profit before tax
-7
517
4.088
3.394
Tax
-0
117
908
750
Net profit
-7
400
3.180
2.644
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
Total assets
38
3.329
9.132
10.291
Equity
33
763
3.943
4.644
Long-term debt
0
586
69
1.088
Short-term debt
6
1.939
5.062
4.559
Total debt
6
2.525
5.131
5.647
Financial ratios
5-year trend
EBITDA margin
24.0%
This company
15.8%
Market median
+52% vs market
2021
2024
Equity ratio
45.1%
This company
38.2%
Market median
+18% vs market
2021
2024
Return on equity
56.9%
This company
18.4%
Market median
+209% vs market
2021
2024
Net profit margin
16.4%
This company
8.1%
Market median
+102% vs market
2021
2024
Asset turnover
1.57×
This company
1.12×
Market median
+40% vs market
2021
2024
Debt / equity
1.22×
This company
0.62×
Market median
-97% vs market
2021
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 2021-02-12 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
HS
Hussein Salem Al-Badri
Management
Management
2021
—
—
YM
Yahya Majid Al-Shimmari
Chief Executive Officer
Chief Executive Officer
2026
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
HA Flex Holding ApS
Company
100.0%
100.0%
2021
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
HA Flex Holding ApS
Flex Midt ApS
(this company)
Board network connections
Board members of Flex Midt ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Hussein Salem Al-Badri
Management
0 companies
Yahya Majid Al-Shimmari
Chief Executive Officer
0 companies