CVRdatabase
Menu

Flex Vending A/S

Public limited companyCVR 37266205TilstActive

Flex Vending A/S is a public limited company, based in Tilst, active in retail sale of sports and leisure equipment, founded in 2015. Net profit fell 41% from 2024 to 2025, ending at DKK 153k. Equity fell to DKK 816k in 2025.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 555k−33.9% vs. 2024
Net profitDKK 153k−41.1% vs. 2024
EquityDKK 816k−29.8% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 34% (2024 → 2025), to DKK 555k.
  • Net profit fell 41% (2024 → 2025), to DKK 153k.
  • Equity fell 30% (2024 → 2025), to DKK 816k.

Employees

  • 1 more employees than a year earlier: 2 (07/2026) against 1 (07/2025).

Management and owners, last 24 months

  • New in management: Søren Søndergaard Olsen (board member, 30/06/2025) and Maria Louise Horndrup Pedersen (chair of the board, 30/06/2025).
  • Stepped down: Tim Balleby Berg (chair of the board, 30/06/2025) and Chris Balleby Nordli (board member, 30/06/2025).
  • New owners registered: Weltz ApS (31/05/2025).
  • No longer registered as owner: Weltz ApS (30/05/2025) and Balleby Holding ApS (31/05/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of sports and leisure equipment (476310)

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 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4m202020212022202320242025
EquityNet profit
Financial figures for Flex Vending A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7061,084967956840555−33.9%
Operating profit (EBIT)230535461475334210−37.1%
Profit before tax225530452471334201−39.8%
Net profit175412351365260153−41.1%
Total assets1,8041,9872,0442,0131,7581,688−4%
Equity8759871,3381,4031,163816−29.8%
Liabilities828938663546517794+53.5%
Cash and cash equivalents243510238424339342+0.9%
Average number of employees1111110%

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 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6mDKK 1.8m202020212022202320242025
Gross profitMedian, the industry (292 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Flex Vending A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202221/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202021/05/2021The 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
0112204/2205/2206/2207/2208/2209/2210/2202/2303/2304/2305/2306/2307/2308/2309/2310/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2401/2502/2503/2504/2505/2507/2504/2605/2606/2607/26
Employees

Position in the industry

292 companies in the database

Comparison with the other companies in retail sale of sports and leisure equipment based on the latest financial year.

Gross profitDKK 555kNo. 237 of 292
Better than 19% of the companies in the industry
EquityDKK 816kNo. 176 of 292
Better than 40% of the companies in the industry
Number of employees2No. 239 of 292
Better than 18% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 139k, equity DKK 1.4m, 4 employees.

DKK 100kDKK 783kDKK 6.1mDKK 48mDKK 189mHere
Distribution of gross profit for 274 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. 53,235of 69,742
Better than 24%
No. 36,308of 69,964
Better than 48%
Same industry and fewer than 20 employees248 companies in the comparison
No. 193of 248
Better than 22%
No. 136of 248
Better than 45%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 27,180of 33,588
Better than 19%
No. 16,805of 33,687
Better than 50%
All companies of type A/S18,025 companies in the comparison
No. 16,059of 17,786
Better than 10%
No. 16,226of 18,024
Better than 10%

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

Retail sale of sports and leisure equipment
Gross profit
  1. Flex Vending A/SDKK 555k
  2. Sport 24 A/SDKK 375.3m
  3. Sportmaster Danmark ApSDKK 181.3m
Net profit
  1. Flex Vending A/SDKK 153k
  2. Sport 24 A/SDKK 45.3m
  3. Sportmaster Danmark ApS−DKK 9.3m
Equity
  1. Flex Vending A/SDKK 816k
  2. Sport 24 A/SDKK 214.4m
  3. Sportmaster Danmark ApS−DKK 574.1m
Employees
  1. Flex Vending A/S2
  2. Sport 24 A/S1,282
  3. Sportmaster Danmark ApS226

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
  • Weltz ApS100%
Flex Vending A/S

Management

4 active registrations

Executive management

Executive management at Flex Vending A/S
NameRoleAppointed
Mads Weltz PedersenDirector07/03/2019

Board of directors

Board of directors at Flex Vending A/S
NameRoleAppointed
Mads Weltz PedersenBoard member26/11/2015
Søren Søndergaard OlsenBoard member30/06/2025
Maria Louise Horndrup PedersenChair of the board30/06/2025
Founders
BH Invest Løkken ApS, Hwm Invest ApS, Weltz ApS, Balleby Holding ApS
Former management (7)
Former management at Flex Vending A/S
NameRoleAppointedResigned
Henrik Balleby MadsenBoard member26/11/201527/05/2020
Brian HansenChair of the board26/11/201531/05/2024
Henrik Wegener MæhlisenDirector26/11/201507/03/2019
Henrik Wegener MæhlisenBoard member26/11/201507/03/2019
Tim Balleby BergBoard member27/05/202030/05/2024
Tim Balleby BergChair of the board31/05/202430/06/2025
Chris Balleby NordliBoard member31/05/202430/06/2025

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

Address and production units

1 active production units

Grydhøjparken 9F
8381 Tilst

Aarhus Municipality · Postcode 8381

Production units
Production unitAddressEmployeesP number
Flex Vending A/SGrydhøjparken 9F, True, 8381 Tilst11020939350

Purpose

Selskabets formål er at drive handelsvirksomhed, herunder virksomhed med møntindkastautomater samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

44 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20259 changesaccounts 1 · management 4 · ownership 3 · industry 1
  • Annual report for 2024 published
  • Søren Søndergaard Olsen appointed board member
  • Maria Louise Horndrup Pedersen appointed chair of the board
  • Tim Balleby Berg stepped down as chair of the board
  • Chris Balleby Nordli stepped down as board member
  • WELTZ ApS registered as owner (100%)
  • Balleby Holding ApS is no longer registered as owner
  • WELTZ ApS is no longer registered as owner
  • Industry changed to Retail sale of sports and leisure equipment (476310)
20245 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Tim Balleby Berg appointed chair of the board
  • Chris Balleby Nordli appointed board member
  • Brian Hansen stepped down as chair of the board
  • Tim Balleby Berg stepped down as board member
20236 changesownership 5 · accounts 1
  • WELTZ ApS registered as owner (50%)
  • Balleby Holding ApS registered as owner (50%)
  • BH INVEST LØKKEN ApS is no longer registered as owner
  • Balleby Holding ApS is no longer registered as owner
  • WELTZ ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20203 changesmanagement 2 · address 1
  • Tim Balleby Berg appointed board member
  • Henrik Balleby Madsen stepped down as board member
  • Moved to Grydhøjparken 9F, True, 8381 Tilst
20195 changesaddress 1 · management 3 · ownership 1
  • Moved to Grydhøjparken 9F, True, 8381 Tilst
  • Mads Weltz Pedersen appointed director
  • Henrik Wegener Mæhlisen stepped down as director
  • Henrik Wegener Mæhlisen stepped down as board member
  • HWM INVEST ApS is no longer registered as owner
20181 changeaddress 1
  • Moved to Grydhøjparken 9F, True, 8381 Tilst
20161 changeaddress 1
  • Moved to Kirkevej 38, 8660 Skanderborg
201511 changesname 1 · founded 1 · management 5 · ownership 4
  • Name changed from Flex Vinding A/S to Flex Vending A/S
  • Registered as Flex Vinding A/S
  • Brian Hansen appointed chair of the board
  • Henrik Wegener Mæhlisen appointed director
  • Henrik Wegener Mæhlisen appointed board member
  • Mads Weltz Pedersen appointed board member
  • Henrik Balleby Madsen appointed board member
  • BH INVEST LØKKEN ApS registered as owner (33.33%)
  • Balleby Holding ApS registered as owner (33.33%)
  • HWM INVEST ApS registered as owner (25%)
  • WELTZ ApS registered as owner (33.33%)

Related companies

Same industry in Aarhus

See all →

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