CVR 39805421Private limited company (ApS)Forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721000)VedbækFounded 23 Aug 2018
Revenue
0
DKK, annual report 2025
-100% on 2024
Result
-13.4K
DKK, annual report 2025
Equity
-32.6K
DKK, annual report 2025
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about JointFlow ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexLÜTHJE HOLDING APSCVR 43708376, 50% to under 66.7% of capital and votes, since 17 Dec 2022
MICHAEL WELCH HOLDING APSCVR 43708546, 50% to under 66.7% of capital and votes, since 17 Dec 2022
Mikael Lüthjesince 23 Aug 2018
Michael John Welchsince 23 Aug 2018
Equity was negative at 31 Dec 2025: -32.6K DKK. Dandex estimate, computed 22 Oct 2026.
CVR 4370837650% to under 66.7% of capital and votessince 17 Dec 2022
CVR 4370854650% to under 66.7% of capital and votessince 17 Dec 2022
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
50% to under 66.7% of capital and votes13 Oct 2021 to 17 Dec 2022
50% to under 66.7% of capital and votes13 Oct 2021 to 17 Dec 2022
CVR 3980530850% to under 66.7% of capital and votes23 Aug 2018 to 13 Oct 2021
CVR 3980536750% to under 66.7% of capital and votes23 Aug 2018 to 13 Oct 2021
CVR records founders at incorporation. It does not record whether they are alive or still involved.
23 Aug 2018 to 22 Oct 2026.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | Not reported | Not reported | 0 | 22 | 0 |
| Gross profit | -1 | -3 | Not reported | Not reported | Not reported |
| Operating profit | -1 | -3 | -60 | +5 | -13 |
| Result for the year | -1 | -3 | -61 | +5 | -13 |
| Equity | 29 | 26 | -24 | -19 | -33 |
| Total assets | 29 | 31 | 10 | 15 | 1 |
| Credit metrics (Dandex calculations) | |||||
| Revenue growth (omsætningsvækst) | Not reported | Not reported | Not reported | n.m.note 1 | -100% |
| EBIT margin (overskudsgrad) | Not reported | Not reported | n.m.note 2 | 23.4% | n.m.note 2 |
| EBITDA | Not reportednote 3 | Not reportednote 3 | Not reportednote 3 | 5 | Not reportednote 3 |
| EBITDA margin | Not reported | Not reported | n.m.note 2 | 23.4% | n.m.note 2 |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | Not reportednote 4 | -31note 5 | -3note 5 | -15note 5 | -1note 5 |
| Gearing, NIBD / EBITDA | Not reportednote 4 | Not reportednote 3 | Not reportednote 3 | Net cashnote 5 | Not reportednote 3 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | Not reportednote 4 | -31note 5 | -3note 5 | -15note 5 | 33note 5 |
DKK thousands. Annual reports via XBRL.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. No cash flow statement filed (class A and B are exempt).
Annual report 2025
1 Jan 2025 to 31 Dec 2025, published 25 May 2026
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 8 Jun 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 2 Jun 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 18 Jun 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 17 Jun 2022
1 registered in CVR.
P-number 1023889893Sandbjergvej 36, 2950 Vedbæk
