WATERSIDE HOLDING ApS

CVR 26244730 · Private limited company (ApS) · Active · Low risk

WATERSIDE HOLDING ApS is a Private limited company (ApS), founded on , based in Skærbæk. The company is registered in the industry anden finansiel formidling i.a.n.. 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, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 3.4m and a net result of DKK 377k. CEO: Michael Kristensen.

Bankruptcy risk for WATERSIDE HOLDING ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
26244730
Status
Active
Company type
Private limited company (ApS)
Founded
(25 years)
Address
c/o Inge & Johan Kristensten, Kilen 11
6780 Skærbæk
Municipality
Tønder
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
Redmark, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 24
Missing annual reportNo
Negative equityNo
Equity ratio90.6%
Current ratio287%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -15kDKK -10k
Net profitDKK 377kDKK -179k
EquityDKK 3.4mDKK 3.0m
Total assetsDKK 3.7mDKK 3.4m
CashDKK 949k–
Short-term debtDKK 349k–
Tax owedDKK 11k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Redmark, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025170
1 Jan 2024 – 31 Dec 202466
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021172
1 Jan 2020 – 31 Dec 2020179
1 Jan 2019 – 31 Dec 2019223 Late
1 Jan 2018 – 31 Dec 2018107
1 Jan 2017 – 31 Dec 2017110
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014124
1 Jan 2013 – 31 Dec 2013155
1 Jan 2012 – 31 Dec 2012129
1 Jan 2011 – 31 Dec 2011159
1 Jan 2010 – 31 Dec 2010165
1 Jan 2009 – 31 Dec 2009160
1 Jan 2008 – 31 Dec 2008181
1 Jan 2007 – 31 Dec 2007174
1 Jan 2006 – 31 Dec 2006177

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
CEOMichael KristensenCurrent
CEOJan Geisler
Owner (100%)Michael KristensenCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorDANSK REVISION MARIAGERFJORD, STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJan GeislerCurrent

The CEOs' other companies

Jan Geisler – 4 other companies, of which 3 bankrupt

Address history (3 moves)

c/o Inge & Johan Kristensten, Kilen 11, 6780 Skærbæk
c/o Global Car Leasing A/S, Råensvej 1, 9000 Aalborg
c/o EOS A/S, Margrethepladsen 3, 8000 Aarhus C
Store Torv 18, 2. th, 8000 Aarhus C

Former names

WATERSIDE HOLDING ApS – now
JGK HOLDING AARHUS ApS –

Similar companies in Tønder

Questions and answers about WATERSIDE HOLDING ApS

Has WATERSIDE HOLDING ApS gone bankrupt?

No, WATERSIDE HOLDING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of WATERSIDE HOLDING 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 WATERSIDE HOLDING ApS?

Michael Kristensen is the CEO of WATERSIDE HOLDING ApS.

Who is the auditor of WATERSIDE HOLDING ApS?

WATERSIDE HOLDING ApS most recently used Redmark, Godkendt Revisionspartnerselskab.

When was WATERSIDE HOLDING ApS founded?

WATERSIDE HOLDING ApS was founded on 26 September 2001.

What is the equity of WATERSIDE HOLDING ApS?

Equity was DKK 3.4m 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.