VANDKUNSTEN & Co. ApS

CVR 21150673 · Private limited company (ApS) · Active · Low risk

VANDKUNSTEN & Co. ApS is a Private limited company (ApS), founded on , based in Skodsborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 4.4m and a net result of DKK 262k. CEO: Philip Baruch, Susan Friis Grue.

Bankruptcy risk for VANDKUNSTEN & Co. ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
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×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
21150673
Status
Active
Company type
Private limited company (ApS)
Founded
(28 years)
Address
c/o Philip Baruch, Skodsborg Strandvej 225A, 2. th
2942 Skodsborg
Municipality
Rudersdal
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 578k
Auditor
Beierholm
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 28
Missing annual reportNo
Negative equityNo
Equity ratio86.2%
Current ratio998%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies1
Other companies at the address10
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 101kDKK 250k
Net profitDKK 262kDKK -690k
EquityDKK 4.4mDKK 4.1m
Total assetsDKK 5.1mDKK 6.0m
CashDKK 166k–
Short-term debtDKK 194k–
Tax owedDKK 0–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202528
1 Jan 2024 – 31 Dec 202448
1 Jan 2023 – 31 Dec 202324
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 202141
1 Jan 2020 – 31 Dec 202039
1 Jan 2019 – 31 Dec 201985
1 Jan 2018 – 31 Dec 201849
1 Jan 2017 – 31 Dec 201768
1 Jan 2016 – 31 Dec 201688
1 Jan 2015 – 31 Dec 201576
1 Jan 2014 – 31 Dec 2014103
1 Jan 2013 – 31 Dec 2013118
1 Jan 2012 – 31 Dec 2012102
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010158
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007146
1 Jan 2006 – 31 Dec 2006143

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

RoleNameFromTo
CEOPhilip BaruchCurrent
CEOSusan Friis GrueCurrent
CEOSusan Friis Grue
Owner (100%)Telborg Holding ApSCurrent
Owner (67%)Philip Baruch
Owner (25%)Susan Friis Grue
Owner (50%)Philip Baruch
Owner (50%)Susan Friis Grue
AuditorFinn Lindegaard Jacobsen
AuditorMJAKP2 I/S
AuditorMJAKP P/S
AuditorBeierholm Godkendt Revisionspartnerselskab
FounderPhilip BaruchCurrent

The CEOs' other companies

Philip Baruch – 60 other companies, of which 21 bankrupt

Susan Friis Grue – 7 other companies

Address history (3 moves)

c/o Philip Baruch, Skodsborg Strandvej 225A, 2. th, 2942 Skodsborg
Hørkær 32, st. th, 2730 Herlev
c/o Susan Grue, Skodsborg Strandvej 225A, 2. th, 2942 Skodsborg
Krathusparken 15, 2920 Charlottenlund

Former names

VANDKUNSTEN & Co. ApS – now
VANDKUNSTENS EJENDOMME ApS –

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about VANDKUNSTEN & Co. ApS

Has VANDKUNSTEN & Co. ApS gone bankrupt?

No, VANDKUNSTEN & Co. ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VANDKUNSTEN & Co. ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of VANDKUNSTEN & Co. ApS?

Philip Baruch, Susan Friis Grue are the CEOs of VANDKUNSTEN & Co. ApS.

Who is the auditor of VANDKUNSTEN & Co. ApS?

VANDKUNSTEN & Co. ApS most recently used Beierholm.

When was VANDKUNSTEN & Co. ApS founded?

VANDKUNSTEN & Co. ApS was founded on 18 June 1998.

What is the equity of VANDKUNSTEN & Co. ApS?

Equity was DKK 4.4m 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.