Over here most of the CT's have their props set to give 5500 RPM, full throttle in level flight at the altitude you most often fly. I cruise at 5000 to 5200 RPM which gives me a TAS of about 120 knots at 3-5,000 feet MSL. We only are allowed -6 flaps. Minus 12 flaps, like you have should increase speeds 3-5 knots. I don't understand why you are so slow. Must be your prop pitch and the lower RPM's you run. Have you measured speed over a known course?
John Horn CFII
2007 CTSW
Light Sport Repairman - Maintenance Rated
Rotax Service, Maint, & Heavy Maint. Certified
Independence Airpark, Oregon