GREEN WATER SYSTEMS ApS
CVR 10022568 · Private limited company (ApS) · Active · Low risk
GREEN WATER SYSTEMS ApS is a Private limited company (ApS), founded on , based in Frederiksberg C. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 41k and a net result of DKK 58k. CEO: Martin Elvig Willemoes Riedel.
Bankruptcy risk for GREEN WATER SYSTEMS ApS
0.5%
probability of bankruptcy within 12 months
Low risk
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Lowest riskHighest risk
Increases the risk
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Reduces the risk
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 10022568
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (26 years)
- Address
- c/o Michael Riedel, Niels Ebbesens Vej 29, 2. th
1911 Frederiksberg C - Municipality
- Frederiksberg
- Industry
- Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber - Share capital
- DKK 20k
- Employees
- 0 (2011)
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 6 of 25 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 0.7% |
| Current ratio | 101% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 7 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 6 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -9,514 | DKK -6,841 | DKK 1.3m |
| Net profit | DKK 58k | DKK 6,705 | DKK 1.3m |
| Equity | DKK 41k | DKK 2.3m | DKK 2.3m |
| Total assets | DKK 5.5m | DKK 5.4m | DKK 2.3m |
| Cash | DKK 498k | DKK 2.2m | – |
| Short-term debt | DKK 5.4m | DKK 3.1m | – |
| Avg. employees | 0 | 0 | – |
Latest annual report: Reporting class B · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 161 | ||
| 1 Jan 2024 – 31 Dec 2024 | 41 | ||
| 1 Jan 2023 – 31 Dec 2023 | 171 | ||
| 1 Jan 2022 – 31 Dec 2022 | 186 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 179 | ||
| 1 Jan 2020 – 31 Dec 2020 | 158 | ||
| 1 Jan 2019 – 31 Dec 2019 | 181 | ||
| 1 Jan 2018 – 31 Dec 2018 | 140 | ||
| 1 Jan 2017 – 31 Dec 2017 | 145 | ||
| 1 Jan 2016 – 31 Dec 2016 | 73 | ||
| 1 Jan 2015 – 31 Dec 2015 | 131 | ||
| 1 Jan 2014 – 31 Dec 2014 | 148 | ||
| 1 Jul 2012 – 31 Dec 2013 | 164 | ||
| 1 Jul 2011 – 30 Jun 2012 | 165 | ||
| 1 Jul 2010 – 30 Jun 2011 | 171 | ||
| 1 Jul 2009 – 30 Jun 2010 | 195 | Late | |
| 1 Jul 2008 – 30 Jun 2009 | 162 | ||
| 1 Jul 2007 – 30 Jun 2008 | 169 | ||
| 1 Jul 2006 – 30 Jun 2007 | 232 | Late | |
| 1 Jul 2005 – 30 Jun 2006 | 467 | Late |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Martin Elvig Willemoes Riedel | Current | |
| CEO | Kim Madsen | ||
| CEO | Hans-Ole Wandt | ||
| CEO | Hans-Ole Wandt | ||
| CEO | Bent Elvig Knudsen | ||
| CEO | Lone Willemoes Riedel | ||
| Board | Peter Andreas Stakemann | ||
| Board | Hans-Ole Wandt | ||
| Board | Hans-Ole Wandt | ||
| Board | Claus Kongsted Nielsen | ||
| Board | Uffe Christian Jacobsen | ||
| Board | Peter Kristiansen | ||
| Board | Lars Ole Kornum | ||
| Board | Lars Perch Nielsen | ||
| Board | Claus Kongsted Nielsen | ||
| Board | Pernille Noel Larsen | ||
| Board | Lone Willemoes Riedel | ||
| Board | Peter Tang Nielsen | ||
| Board | Bent Elvig Knudsen | ||
| Owner (100%) | WILLEMOES HOLDING ApS | Current | |
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | RL KØBENHAVN A/S | ||
| Auditor | RL KØBENHAVN A/S | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Auditor | ADDERE REVISION STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | VX 10.312 ApS | Current | |
| Founder | VX 10.312 ApS |
The CEOs' other companies
Martin Elvig Willemoes Riedel – 3 other companies
- ApS SPKR NR. 346 Active
- LOBE HOLDING ApS Active
- WILLEMOES HOLDING ApS Active
Kim Madsen – 57 other companies, of which 57 bankrupt
- 01.08.2003, SJÆLLAND ApS Bankrupt 5 Nov 2004
- 1001 WATT ApS Bankrupt 29 Jan 2002
- 119987-JEH ApS Bankrupt 23 May 2014
- 13. JULI 2005 ApS Bankrupt 5 Sep 2005
- 1WAY2PRINT A/S Bankrupt 24 Jul 2003
- 24237982 A/S Bankrupt 25 Apr 2012
- 27768490 ApS Bankrupt 31 Aug 2011
- 2X INVEST ApS Bankrupt 12 Dec 2008
- 3 SIGMA ApS Bankrupt 9 Jun 2005
- 31. DECEMBER 2008 ApS Bankrupt 18 May 2009
- 3B HERNING ApS Bankrupt 20 Dec 2006
- 3L LIVSLANG LÆRING ApS Bankrupt 25 Apr 2006
- 4 X B HOLDING ApS Bankrupt 27 Aug 2020
- 4-MATION ApS Bankrupt 10 Nov 2005
- 4S SERVICE ApS Bankrupt 27 Jan 2009
- 4U2SMS INTERNATIONAL ApS Bankrupt 9 Oct 2003
- A COMPANY ApS Bankrupt 11 Mar 2009
- A+E ApS Bankrupt 22 Sep 2010
- A-1-IMPORT ApS Bankrupt 5 May 2006
- A-BYG INVEST ApS Bankrupt 14 Aug 2014
- A/S AF 1.10.2002 Bankrupt 28 Oct 2003
- A/S AF 30.9.2003 Bankrupt 28 Nov 2012
- A/S ALFA EL VEJLE Bankrupt 18 Dec 2003
- A/S BELDEN Bankrupt 5 Apr 2004
- A/S DRAGERNE SERVICE & TRANSPORT Bankrupt 8 Aug 2002
- A/S PETERS JUL Bankrupt 15 Jan 2007
- A/S PSE 10 NR. 1930 Bankrupt 26 Aug 1997
- A/S PSE NR. 5178 Bankrupt 11 May 1999
- A/S PSE NR. 5653 Bankrupt 14 Oct 2003
- AA - ENTREPRENØR ApS Bankrupt 14 Aug 2015
Hans-Ole Wandt – 3 other companies
- HOW AF 1. SEPTEMBER 1991 ApS Compulsorily dissolved
- NORSE ENGINEERING ApS Opløst
- WANDT HOLDING ApS Compulsorily dissolved
Bent Elvig Knudsen – 20 other companies, of which 9 bankrupt
- ANPARTSINVESTERINGSSELSKABET AF 31. AUGUST 1990 ApS Bankrupt 10 May 1995
- DIGANA - TAXIMAT A/S Bankrupt 17 Jul 2015
- LAZIK AF 5.4. 1993 ApS Bankrupt 17 Mar 1994
- SHELTERLAND ApS Bankrupt 13 Mar 2012
- TACK - MELLEMHOLDING ApS Bankrupt 30 Nov 2012
- TANGHOLM BALLERUP A/S Bankrupt 12 Sep 2016
- TANGHOLM EJENDOMME A/S Bankrupt 2 Dec 2016
- TANGHOLM HILLERØD A/S Bankrupt 9 Aug 2016
- TANGHOLM HOLDING A/S Bankrupt 12 Sep 2016
- ApS SPKR NR. 346 Active
- DIGANA HOLDING A/S Compulsorily dissolved
- HANDELSANPARTSSELSKABET AF 27. SEPTEMBER 2006 Opløst
- Heeringvej 25 ApS Active
- LIMINOISE PRODUCTION ApS Compulsorily dissolved
- S.E.M. A/S Compulsorily dissolved
- SB ERHVERV A/S Opløst
- SBHI ApS Opløst
- SKANDINAVISK EDB-MILJØ A/S Compulsorily dissolved
- UBS CONSULTING ApS Opløst
- Wennstrom Wash Systems A/S Fusioneret
Lone Willemoes Riedel – 3 other companies
- ApS SPKR NR. 346 Active
- HANDELSANPARTSSELSKABET AF 27. SEPTEMBER 2006 Opløst
- Heeringvej 25 ApS Active
Address history (11 moves)
| c/o Michael Riedel, Niels Ebbesens Vej 29, 2. th, 1911 Frederiksberg C | |
| c/o Michael Riedel, Blankavej 25, 4. tv, 2500 Valby | |
| c/o peter tang, Roskildevej 183, 1., 2500 Valby | |
| c/o Tangholm A/S, Falkevej 4A, 3400 Hillerød | |
| c/o Peter Tang, Roskildevej 183, 1., 2500 Valby | |
| Dronninggårds Alle 136, 2840 Holte | |
| Stamholmen 53, 2650 Hvidovre | |
| Vester Voldgade 83, 3. th, 1552 København V | |
| c/o Sonne & Co, Christian IX's Gade 6, 1111 København K | |
| Sundvej 109B, 8700 Horsens | |
| c/o Hans Ole Wandt, Vestervej 10, 1., 2600 Glostrup | |
| c/o Advokatfirmaet Stakemann, Kronprinsessegade 18, 1306 København K |
Former names
| GREEN WATER SYSTEMS ApS | – now |
| GREEN WATER SYSTEMS A/S | – |
| GREEN WATER A/S | – |
| GREEN WATER ApS | – |
| ApS KBIL 9 NR. 2155 UNDER STIFTELSE | – |
Employees per year
Other companies at the same address
- ApS SPKR NR. 346 Active
- LOBE HOLDING ApS Active
- Lean Focus Nordic ApS Active
- SmartServe ApS Active
- U&M Aps Active
- WILLEMOES HOLDING ApS Active
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Questions and answers about GREEN WATER SYSTEMS ApS
Has GREEN WATER SYSTEMS ApS gone bankrupt?
No, GREEN WATER SYSTEMS ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of GREEN WATER SYSTEMS ApS?
Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.
Who is the CEO of GREEN WATER SYSTEMS ApS?
Martin Elvig Willemoes Riedel is the CEO of GREEN WATER SYSTEMS ApS.
When was GREEN WATER SYSTEMS ApS founded?
GREEN WATER SYSTEMS ApS was founded on 1 March 2000.
What is the equity of GREEN WATER SYSTEMS ApS?
Equity was DKK 41k according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.