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Flex Funding A/S

Public limited companyCVR 25619978København KActive

Flex Funding A/S is a public limited company, based in København K, active in other activities auxiliary to financial services, except insurance and pension funding, founded in 2013. After a loss in 2024, the company made a profit of DKK 1.1m in 2025. Equity grew to DKK 12.5m in 2025. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profit−DKK 1m−352.1% vs. 2024
Net profitDKK 1.1m+105.8% vs. 2024
EquityDKK 12.5m+263.6% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit went from a loss of DKK 19.4m to a profit of DKK 1.1m (2024 → 2025).
  • Equity rose 264% (2024 → 2025), to DKK 12.5m.

Employees

  • 4 fewer employees than a year earlier: 6 (08/2026) against 10 (08/2025).

Management and owners, last 24 months

  • New in management: Henrik Vad (board member, 07/07/2025) and Søren Holst (ceo, 07/07/2025).
  • Stepped down: Henrik Vad (ceo, 07/07/2025) and Martin Nymark Hansen (board member, 07/07/2025).

Registrations, last 24 months

  • 23/04/2026: Share capital changed from 12,940,269 DKK to 13,827,133 DKK
  • 30/01/2026: Share capital changed from 12,461,000 DKK to 12,940,269 DKK
  • 17/09/2025: Share capital changed from 12,451,000 DKK to 12,461,000 DKK
  • 31/05/2025: Share capital changed from 10,201,000 DKK to 12,451,000 DKK
  • 04/02/2025: Share capital changed from 9,201,000 DKK to 10,201,000 DKK
  • 22/01/2025: Share capital changed from 6,501,000 DKK to 9,201,000 DKK

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15m202020212022202320242025
EquityNet profit
Financial figures for Flex Funding A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−961−2,108−4,676−2,498−231−1,044−352.1%
Operating profit (EBIT)−6,606−6,411−13,992−10,263−5,818−7,153−22.9%
Profit before tax−9,848−8,847−19,441−14,865−19,7721,061+105.4%
Net profit−9,848−7,265−19,534−14,202−19,4481,135+105.8%
Total assets16,68527,41443,64330,00916,65826,292+57.8%
Equity3,2602,1963,562−1,5503,44712,532+263.6%
Liabilities13,42525,21840,08131,56013,21113,760+4.2%
Cash and cash equivalents2,9131,2301,36794957900−6%
Average number of employees781311770%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m202020212022202320242025
Gross profitMedian, the industry (136 companies)

Annual reports

6 financial years
Annual reports for Flex Funding A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202017/06/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
02468101209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

136 companies in the database

Comparison with the other companies in other activities auxiliary to financial services, except insurance and pension funding based on the latest financial year.

Gross profit−DKK 1mNo. 131 of 133
Better than 2% of the companies in the industry
EquityDKK 12.5mNo. 31 of 136
Better than 78% of the companies in the industry
Number of employees6No. 47 of 136
Better than 66% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 326k, equity DKK 2.7m, 4 employees.

DKK 100kDKK 1.2mDKK 14.3mDKK 171.8mDKK 899.6m
Distribution of gross profit for 113 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 68,783of 69,742
Better than 1%
No. 7,822of 69,964
Better than 89%
Same industry and fewer than 20 employees112 companies in the comparison
No. 109of 111
Better than 2%
No. 18of 112
Better than 85%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 33,151of 33,588
Better than 1%
No. 3,208of 33,687
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 17,406of 17,786
Better than 2%
No. 7,857of 18,024
Better than 56%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Other activities auxiliary to financial services, except insurance and pension funding
Gross profit
  1. Flex Funding A/S−DKK 1m
  2. BEC Financial Technologies a.m.b.a.DKK 2.1bn
  3. Mastercard Payment Services Denmark A/SDKK 609.7m
Net profit
  1. Flex Funding A/SDKK 1.1m
  2. BEC Financial Technologies a.m.b.a.DKK 39.7m
  3. Mastercard Payment Services Denmark A/SDKK 747m
Equity
  1. Flex Funding A/SDKK 12.5m
  2. BEC Financial Technologies a.m.b.a.DKK 1.4bn
  3. Mastercard Payment Services Denmark A/SDKK 1.5bn
Employees
  1. Flex Funding A/S6
  2. BEC Financial Technologies a.m.b.a.851
  3. Mastercard Payment Services Denmark A/S276

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Linde Holding ApS100%
Flex Funding A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Flex Funding A/S
NameRoleAppointed
Søren HolstCEO07/07/2025

Board of directors

Board of directors at Flex Funding A/S
NameRoleAppointed
Svend Aage LindeBoard member28/04/2020
Ernst Ulrik BayerChair of the board30/10/2023
Henrik VadBoard member07/07/2025
Founders
Henrik Vad
Former management (21)
Former management at Flex Funding A/S
NameRoleAppointedResigned
Henrik VadBoard member18/12/201314/01/2014
Henrik VadCEO18/12/201307/07/2025
Charlotte VadBoard member18/12/201314/01/2014
Rasmus NielsenBoard member14/01/201409/12/2015
Christian LundgaardChair of the board14/01/201413/12/2017
Ricky WilkeBoard member14/01/201409/12/2015
Lars Wolff GraversenBoard member14/01/201409/12/2015
Søren Boelskov IsaksenBoard member20/06/201421/05/2015
Shandi Catarina Ryder HoffmannBoard member20/06/201409/12/2015
Kristian BallebyBoard member20/06/201405/09/2014
Anders HolmgrenBoard member25/09/201418/08/2015
Martin Nymark HansenBoard member06/10/201521/07/2019
René Jørgen SpogardBoard member06/10/201513/12/2017
Henrik VadBoard member09/12/201524/01/2024
Hans-Henrik Horsted EriksenBoard member24/11/201728/04/2020
Christian LundgaardBoard member14/12/201706/07/2022
René Jørgen SpogardChair of the board14/12/201722/07/2019
Martin Nymark HansenChair of the board22/07/201907/07/2022
Christian LundgaardChair of the board07/07/202230/10/2023
Martin Nymark HansenBoard member26/06/202307/07/2025
Søren HolstDirector05/08/202418/10/2024

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af en direktør og et bestyrelsesmedlem i forening eller af den samlede bestyrelse

Address and production units

1 active production units

Applebys Plads 7
1411 København K

København Municipality · Postcode 1411

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
FLEX FUNDING A/SApplebys Plads 7, 1411 København K61018982370

Purpose

Selskabets formål er drift af en markedsplads for finansielle produkter samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

175 registered events
20263 changesaccounts 1 · capital 2
  • Annual report for 2025 published
  • Share capital changed from 12,940,269 DKK to 13,827,133 DKK
  • Share capital changed from 12,461,000 DKK to 12,940,269 DKK
202510 changescapital 4 · management 4 · accounts 1 · industry 1
  • Share capital changed from 12,451,000 DKK to 12,461,000 DKK
  • Søren Holst appointed ceo
  • Henrik Vad appointed board member
  • Martin Nymark Hansen stepped down as board member
  • Henrik Vad stepped down as ceo
  • Annual report for 2024 published
  • Share capital changed from 10,201,000 DKK to 12,451,000 DKK
  • Share capital changed from 9,201,000 DKK to 10,201,000 DKK
  • Share capital changed from 6,501,000 DKK to 9,201,000 DKK
  • Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
202417 changesmanagement 3 · capital 6 · address 1 · accounts 1 · ownership 6
  • Søren Holst stepped down as director
  • Share capital changed from 5,001,000 DKK to 6,501,000 DKK
  • Moved to Applebys Plads 7, 1411 København K
  • Søren Holst appointed director
  • Share capital changed from 4,001,000 DKK to 5,001,000 DKK
  • Annual report for 2023 published
  • Share capital changed from 2,501,000 DKK to 4,001,000 DKK
  • Share capital changed from 1,001,000 DKK to 2,501,000 DKK
  • Henrik Vad stepped down as board member
  • Share capital changed from 1,000,000 DKK to 1,001,000 DKK
  • Share capital changed from 14,012,470 DKK to 1,000,000 DKK
  • LINDE HOLDING ApS registered as owner (100%)
  • EXACT GROUP A/S is no longer registered as owner
  • Linde BKKS ApS is no longer registered as owner
  • CL GRUPPEN ApS is no longer registered as owner
  • FLEX FUNDING A/S is no longer registered as owner
  • LINDE HOLDING ApS is no longer registered as owner
202317 changescapital 6 · management 3 · ownership 6 · accounts 1 · merger 1
  • Share capital changed from 15,435,197 DKK to 14,012,470 DKK
  • Ernst Ulrik Bayer appointed chair of the board
  • Christian Lundgaard stepped down as chair of the board
  • Share capital changed from 11,345,100 DKK to 15,435,197 DKK
  • EXACT GROUP A/S registered as owner (5%)
  • Linde PE II ApS is no longer registered as owner
  • Share capital changed from 10,345,100 DKK to 11,345,100 DKK
  • Spogárd Holding ApS is no longer registered as owner
  • Annual report for 2022 published
  • Share capital changed from 9,345,100 DKK to 10,345,100 DKK
  • LINDE HOLDING ApS registered as owner (25%)
  • Martin Nymark Hansen appointed board member
  • LINDE HOLDING ApS is no longer registered as owner
  • Share capital changed from 9,189,646 DKK to 9,345,100 DKK
  • Share capital changed from 9,034,192 DKK to 9,189,646 DKK
  • LINDE HOLDING ApS registered as owner (5%)
  • Merger registered in CVR
202221 changescapital 4 · ownership 13 · accounts 1 · management 3
  • Share capital changed from 5,134,192 DKK to 9,034,192 DKK
  • Linde BKKS ApS registered as owner (15%)
  • CL GRUPPEN ApS registered as owner (10%)
  • LINDE HOLDING ApS is no longer registered as owner
  • VAN KLEEF ApS is no longer registered as owner
  • BAGGER-SØRENSEN & CO. A/S is no longer registered as owner
  • CL GRUPPEN ApS is no longer registered as owner
  • FLEX FUNDING A/S registered as owner (5%)
  • Annual report for 2021 published
  • Christian Lundgaard appointed chair of the board
  • Martin Nymark Hansen stepped down as chair of the board
  • Fintech Invest ApS is no longer registered as owner
  • Christian Lundgaard stepped down as board member
  • Share capital changed from 4,906,920 DKK to 5,134,192 DKK
  • LINDE HOLDING ApS registered as owner (5%)
  • Share capital changed from 3,756,920 DKK to 4,906,920 DKK
  • LINDE HOLDING ApS is no longer registered as owner
  • Henrik Vad is no longer registered as owner
  • EXACT GROUP A/S is no longer registered as owner
  • Share capital changed from 3,484,193 DKK to 3,756,920 DKK
  • Fintech Invest ApS registered as owner (25%)
20218 changesownership 3 · capital 4 · accounts 1
  • Spogárd Holding ApS registered as owner (5%)
  • Spogárd Holding ApS is no longer registered as owner
  • Share capital changed from 3,466,468 DKK to 3,484,193 DKK
  • Share capital changed from 3,339,197 DKK to 3,466,468 DKK
  • Share capital changed from 3,248,197 DKK to 3,339,197 DKK
  • Annual report for 2020 published
  • Share capital changed from 3,202,697 DKK to 3,248,197 DKK
  • LINDE HOLDING ApS registered as owner (5%)
20204 changesaddress 1 · management 2 · ownership 1
  • Moved to Lille Fredensvej 13, 1, 2920 Charlottenlund
  • Svend Aage Linde appointed board member
  • Hans-Henrik Horsted Eriksen stepped down as board member
  • SPOGÁRD HOLDING ApS is no longer registered as owner
201916 changesaddress 1 · management 3 · capital 1 · ownership 11
  • Moved to Strandvejen 100, 2900 Hellerup
  • Martin Nymark Hansen appointed chair of the board
  • René Jørgen Spogard stepped down as chair of the board
  • Martin Nymark Hansen stepped down as board member
  • Share capital changed from 2,002,697 DKK to 3,202,697 DKK
  • Henrik Vad registered as owner (5%)
  • Linde PE II ApS registered as owner (5%)
  • VAN KLEEF ApS registered as owner (5%)
  • Spogárd Holding ApS registered as owner (5%)
  • SPOGÁRD HOLDING ApS registered as owner (10%)
  • EXACT GROUP A/S registered as owner (5%)
  • OVE K. INVEST A/S is no longer registered as owner
  • VAN KLEEF ApS is no longer registered as owner
  • SPOGÁRD HOLDING ApS is no longer registered as owner
  • Linde PE II ApS is no longer registered as owner
  • Henrik Vad is no longer registered as owner
20186 changesownership 4 · capital 2
  • VAN KLEEF ApS registered as owner (10%)
  • Share capital changed from 1,875,755 DKK to 2,002,697 DKK
  • LG GRUPPEN ApS is no longer registered as owner
  • EXACT GROUP A/S is no longer registered as owner
  • Share capital changed from 1,644,239 DKK to 1,875,755 DKK
  • OVE K. INVEST A/S registered as owner (5%)
201717 changesmanagement 5 · capital 2 · ownership 10
  • René Jørgen Spogard appointed chair of the board
  • Christian Lundgaard appointed board member
  • René Jørgen Spogard stepped down as board member
  • Christian Lundgaard stepped down as chair of the board
  • Share capital changed from 1,488,607 DKK to 1,644,239 DKK
  • Hans-Henrik Horsted Eriksen appointed board member
  • BAGGER-SØRENSEN & CO. A/S registered as owner (5%)
  • LG GRUPPEN ApS registered as owner (5%)
  • SPOGÁRD HOLDING ApS registered as owner (5%)
  • EXACT GROUP A/S registered as owner (5%)
  • ITMC SOFT LIMITED is no longer registered as owner
  • LG GRUPPEN ApS is no longer registered as owner
  • SPOGÁRD HOLDING ApS is no longer registered as owner
  • Share capital changed from 1,388,607 DKK to 1,488,607 DKK
  • LG GRUPPEN ApS registered as owner (15%)
  • JOCH ApS is no longer registered as owner
  • LG GRUPPEN ApS is no longer registered as owner
20162 changesaddress 2
  • Moved to Strandvejen 100, 2900 Hellerup
  • Moved to Strandvejen 100, 2. tv, 2900 Hellerup
201523 changesmanagement 9 · ownership 12 · capital 2
  • Henrik Vad appointed board member
  • Shandi Catarina Ryder Hoffmann stepped down as board member
  • Lars Wolff Graversen stepped down as board member
  • Ricky Wilke stepped down as board member
  • Rasmus Nielsen stepped down as board member
  • Linde PE II ApS registered as owner (10%)
  • CL GRUPPEN ApS registered as owner (5%)
  • CL GRUPPEN ApS is no longer registered as owner
  • Alrow Media ApS is no longer registered as owner
  • Ricky Wilke is no longer registered as owner
  • Share capital changed from 927,307 DKK to 1,388,607 DKK
  • René Jørgen Spogard appointed board member
  • Martin Nymark Hansen appointed board member
  • CL GRUPPEN ApS registered as owner (15%)
  • ITMC SOFT LIMITED registered as owner (5%)
  • SPOGÁRD HOLDING ApS registered as owner (5%)
  • ITMC SOFT LIMITED is no longer registered as owner
  • CL GRUPPEN ApS is no longer registered as owner
  • Tina Füssel is no longer registered as owner
  • Anders Holmgren stepped down as board member
  • Share capital changed from 854,307 DKK to 927,307 DKK
  • Tina Füssel registered as owner (5%)
  • Søren Boelskov Isaksen stepped down as board member
201425 changesmanagement 11 · capital 4 · ownership 7 · address 2 · name 1
  • Anders Holmgren appointed board member
  • Kristian Balleby stepped down as board member
  • Share capital changed from 626,250 DKK to 854,307 DKK
  • Henrik Vad registered as owner (20%)
  • ITMC SOFT LIMITED registered as owner (10%)
  • LG GRUPPEN ApS registered as owner (5%)
  • JOCH ApS registered as owner (5%)
  • Alrow Media ApS registered as owner (5%)
  • CL GRUPPEN ApS registered as owner (33.33%)
  • Ricky Wilke registered as owner (0%)
  • Share capital changed from 592,500 DKK to 626,250 DKK
  • Søren Boelskov Isaksen appointed board member
  • Kristian Balleby appointed board member
  • Shandi Catarina Ryder Hoffmann appointed board member
  • Moved to Lindegårdsvej 51, 1, 2920 Charlottenlund
  • Name changed from FUNDING PILOT A/S to FLEX FUNDING A/S
  • Share capital changed from 533,750 DKK to 592,500 DKK
  • Moved to Aldersrogade 3A, 2100 København Ø
  • Share capital changed from 500,000 DKK to 533,750 DKK
  • Christian Lundgaard appointed chair of the board
  • Lars Wolff Graversen appointed board member
  • Ricky Wilke appointed board member
  • Rasmus Nielsen appointed board member
  • Charlotte Vad stepped down as board member
  • Henrik Vad stepped down as board member
20136 changesstatus 1 · industry 1 · management 3 · founded 1
  • Status changed to active
  • Industry changed to Other activities auxiliary to financial services, except insurance and pension funding (661900)
  • Henrik Vad appointed ceo
  • Charlotte Vad appointed board member
  • Henrik Vad appointed board member
  • Registered as FUNDING PILOT A/S

Related companies

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction