WATER KING ApS

CVR 26880971 · Private limited company (ApS) · Active · Low risk

WATER KING ApS is a Private limited company (ApS), founded on 20 November 2002, based in Faaborg. The company is registered in the industry forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 331k and a net result of DKK -39k. CEO: Niels Trier Hansen.

Bankruptcy risk for WATER KING ApS

0.6%

probability of bankruptcy within 12 months

Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×

Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×

Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Audit opted outYes · bankruptcy rate 10.4%1.2×

Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×

Published annual reports10+ · bankruptcy rate 3.0%0.35×

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×

Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

Negative equityNo · bankruptcy rate 5.1%0.58×

RegionSyddanmark · bankruptcy rate 6.0%0.68×

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: 26880971
Status: Active
Company type: Private limited company (ApS)
Founded: 20 November 2002 (23 years)
Address: Fjællebrovejen 76
5600 Faaborg
Municipality: Faaborg-Midtfyn
Industry: Forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel (102020)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter
Share capital: DKK 200k
Employees: 1 (2017)
Audit opted out: Yes

Warning signs

Annual reports filed late	3 of 23
Missing annual report	No
Negative equity	No
Equity ratio	18.5%
Current ratio	5%
Moves (last 2 years)	1
CEO changes in total	2
CEO's previous bankruptcies	0
Other companies at the address	2
Going-concern uncertainty	No

Financials and key figures

Financial year	2025	2024	2023
Gross profit	DKK -13k	DKK -21k	DKK 739k
Net profit	DKK -39k	DKK -46k	DKK 647k
Equity	DKK 331k	DKK 833k	DKK 879k
Total assets	DKK 1.8m	DKK 2.1m	DKK 2.3m
Cash	DKK 68k	DKK 161k	–
Short-term debt	DKK 1.5m	DKK 1.3m	–
Tax owed	DKK 0	DKK 65k	–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting period	Published	Days after period end
1 Jan 2025 – 31 Dec 2025	14 Jun 2026	165
1 Jan 2024 – 31 Dec 2024	30 Jun 2025	181
1 Jan 2023 – 31 Dec 2023	9 Aug 2024	222	Late
1 Jan 2022 – 31 Dec 2022	13 Jun 2023	164
1 Jan 2021 – 31 Dec 2021	28 Jun 2022	179
1 Jan 2020 – 31 Dec 2020	8 May 2021	128
1 Jan 2019 – 31 Dec 2019	31 Aug 2020	244	Late
1 Jan 2018 – 31 Dec 2018	12 Jun 2019	163
1 Jan 2017 – 31 Dec 2017	1 Jun 2018	152
1 Jan 2016 – 31 Dec 2016	7 Jun 2017	158
1 Jan 2015 – 31 Dec 2015	14 Jun 2016	166
1 Jan 2014 – 31 Dec 2014	17 Apr 2015	107
1 Jan 2013 – 31 Dec 2013	1 Jun 2014	152
1 Jan 2012 – 31 Dec 2012	19 Jun 2013	170
1 Jan 2011 – 31 Dec 2011	1 Jun 2012	153
1 Jan 2010 – 31 Dec 2010	22 May 2011	142
1 Jan 2009 – 31 Dec 2009	27 May 2010	147
1 Jan 2008 – 31 Dec 2008	22 Jun 2009	173
1 Jan 2007 – 31 Dec 2007	30 Jun 2008	182
1 Jan 2006 – 31 Dec 2006	14 Jun 2007	165

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	Niels Trier Hansen	17 Dec 2018	Current
CEO	Niels Trier Hansen	20 Nov 2002	28 Nov 2018
Owner (100%)	AKTH Holding ApS	23 Sep 2015	Current
Owner (100%)	Niels Trier Hansen	20 Nov 2002	22 Sep 2015
Auditor	CENTRUMREVISION ApS	20 Nov 2002	21 Jun 2004
Auditor	Mørkebjerg ApS	21 Jun 2004	12 May 2011
Founder	Niels Trier Hansen	20 Nov 2002	Current
Founder	BEDST & BILLIGST VINDUER OG DØRE A/S	20 Nov 2002	Current

The CEOs' other companies

Niels Trier Hansen – 4 other companies

A/S HAVNEN I FJELLEBROEN Active
AKTH Holding ApS Active
BEDST & BILLIGST VINDUER OG DØRE A/S Fusioneret
FAABORG FISKESALGSFORENING OG ISVÆRK ApS Active

Address history (3 moves)

14 Mar 2025	Fjællebrovejen 76, 5600 Faaborg
12 Mar 2013	Strandvejen 154, 5600 Faaborg
1 Jan 2007	Fjællebrovejen 76, 5600 Faaborg
20 Nov 2002	Fjællebrovejen 76, 5600 Faaborg

Employees per year

Other companies at the same address

AK Holding 2018 ApS Compulsorily dissolved
RACH Ventures ApS Active

Questions and answers about WATER KING ApS

Has WATER KING ApS gone bankrupt?

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

What is the bankruptcy risk of WATER KING ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of WATER KING ApS?

Niels Trier Hansen is the CEO of WATER KING ApS.

When was WATER KING ApS founded?

WATER KING ApS was founded on 20 November 2002.

What is the equity of WATER KING ApS?

Equity was DKK 331k 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.