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MG Flex ApS

Private limited companyCVR 39979640RødovreActive

MG Flex ApS is a private limited company, based in Rødovre, active in passenger transport on demand in vehicle with driver, founded in 2018. Net profit rose 22% from 2024 to 2025, ending at DKK 1.3m. Profit has grown three years in a row. With 11 employees, the company is about 6 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 7m+10.2% vs. 2024
Net profitDKK 1.3m+21.9% vs. 2024
EquityDKK 4.4m+41.5% vs. 2024
Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 10% (2024 → 2025), to DKK 7m.
  • Net profit rose 22% (2024 → 2025), to DKK 1.3m.
  • Equity rose 41% (2024 → 2025), to DKK 4.4m.

Employees

  • 1 fewer employees than a year earlier: 11 (07/2026) against 12 (07/2025).

Management and owners, last 24 months

  • New in management: Gadro Osman Mohamad (director, 20/06/2025).
  • Stepped down: Gadro Osman Mohamad (ceo, 12/06/2025).

Registrations, last 24 months

  • 20/06/2025: Status changed to active
  • 12/06/2025: Status changed to bankrupt
  • 01/01/2025: Industry changed to Passenger transport on demand in vehicle with driver (493300)

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 1mDKK 2mDKK 3mDKK 4m202020212022202320242025
EquityNet profit
Financial figures for MG Flex ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit313153,6174,5586,3236,966+10.2%
Operating profit (EBIT)31911,6908681,5652,140+36.7%
Profit before tax31881,6808121,4111,695+20.1%
Net profit24661,2906341,0691,303+21.9%
Total assets841802,3366,5367,2629,824+35.3%
Equity641291,4392,0733,1424,445+41.5%
Liabilities20518974,4634,0925,347+30.7%
Cash and cash equivalents80913160284143−49.8%
Average number of employees01581610−37.5%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (1,096 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 38% from 16 in 2024 to 10 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • 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 MG Flex ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/06/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202204/05/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202130/05/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202027/05/2021The companyPDF not statedXBRL

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
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,096 companies in the database

Comparison with the other companies in passenger transport on demand in vehicle with driver based on the latest financial year.

Gross profitDKK 7mNo. 20 of 1,095
Better than 98% of the companies in the industry
EquityDKK 4.4mNo. 14 of 1,096
Better than 99% of the companies in the industry
Number of employees11No. 25 of 1,096
Better than 98% of the companies in the industry

Industry median: gross profit DKK 627k, net profit DKK 25,707, equity DKK 106k, 2 employees.

DKK 100kDKK 645kDKK 4.2mDKK 26.8mDKK 93mHere
Distribution of gross profit for 1,060 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. 8,640of 69,742
Better than 88%
No. 15,276of 69,964
Better than 78%
Same industry and fewer than 20 employees1,074 companies in the comparison
No. 4of 1,073
Better than 100%
No. 4of 1,074
Better than 100%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 6,340of 33,579
Better than 81%
No. 6,603of 33,678
Better than 80%
All companies of type ApS66,508 companies in the comparison
No. 9,515of 66,379
Better than 86%
No. 12,212of 66,505
Better than 82%

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

Passenger transport on demand in vehicle with driver
Gross profit
  1. MG Flex ApSDKK 7m
  2. Terndrup Taxa og Turistbusser A/SDKK 173m
  3. Midtbus Jylland A/SDKK 73.8m
Net profit
  1. MG Flex ApSDKK 1.3m
  2. Terndrup Taxa og Turistbusser A/SDKK 9.1m
  3. Midtbus Jylland A/SDKK 1.7m
Equity
  1. MG Flex ApSDKK 4.4m
  2. Terndrup Taxa og Turistbusser A/SDKK 39.5m
  3. Midtbus Jylland A/SDKK 12.5m
Employees
  1. MG Flex ApS11
  2. Terndrup Taxa og Turistbusser A/S378
  3. Midtbus Jylland A/S202

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
  • Gadro Osman Mohamad100%
MG Flex ApS

Management

1 active registrations

Executive management

Executive management at MG Flex ApS
NameRoleAppointed
Gadro Osman MohamadDirector20/06/2025
Founders
Nadeem Riaz
Former management (2)
Former management at MG Flex ApS
NameRoleAppointedResigned
Nadeem RiazCEO29/10/201821/09/2020
Gadro Osman MohamadCEO21/09/202012/06/2025

Signing rule: Virksomheden tegnes af en direktør alene.

Address and production units

1 active production units

Lysbrovej 25
2610 Rødovre

Rødovre Municipality · Postcode 2610

Production units
Production unitAddressEmployeesP number
MG Flex ApSLysbrovej 25, 2610 Rødovre131024081199

Purpose

Virksomhedens formål er at drive Taxa virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

34 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20256 changesaccounts 1 · status 2 · management 2 · industry 1
  • Annual report for 2024 published
  • Status changed to active
  • Gadro Osman Mohamad appointed director
  • Status changed to bankrupt
  • Gadro Osman Mohamad stepped down as ceo
  • Industry changed to Passenger transport on demand in vehicle with driver (493300)
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesindustry 1 · accounts 1
  • Industry changed to Non-scheduled passenger road transport (493200)
  • Annual report for 2022 published
20223 changesaddress 1 · accounts 1 · capital 1
  • Moved to Lysbrovej 25, 2610 Rødovre
  • Annual report for 2021 published
  • Share capital changed from 40,000 DKK to 70,000 DKK
20212 changesaccounts 1 · address 1
  • Annual report for 2020 published
  • Moved to Århusgade 60, 2100 København Ø
202011 changesaddress 3 · industry 1 · name 2 · capital 1 · management 2 · ownership 2
  • Moved to Bredegade 48B, 1. tv, 4200 Slagelse
  • Industry changed to Other postal and courier activities (532000)
  • Name changed from Milan Flex IVS to MG Flex ApS
  • Share capital changed from 1 DKK to 40,000 DKK
  • Name changed from Kalam Mobil IVS to Milan Flex IVS
  • Moved to Schønbergsgade 13, 3. th, 1906 Frederiksberg C
  • Gadro Osman Mohamad appointed ceo
  • Nadeem Riaz stepped down as ceo
  • Gadro Osman Mohamad registered as owner (100%)
  • Instacare AB is no longer registered as owner
  • Moved to Fuglebækvej 4C, 2770 Kastrup
20194 changesownership 3 · address 1
  • Instacare AB registered as owner (100%)
  • Shahzad Riaz is no longer registered as owner
  • Blekinge Pharmacy Holding AB is no longer registered as owner
  • Moved to Ørestads Boulevard 73, 2300 København S
20184 changesfounded 1 · management 1 · ownership 2
  • Registered as Kalam Mobil IVS
  • Nadeem Riaz appointed ceo
  • Shahzad Riaz registered as owner (20%)
  • Blekinge Pharmacy Holding AB registered as owner (100%)

Related companies

Same industry in Rødovre

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