WATERWORKS MUSIC ApS

CVR 27724272 · Private limited company (ApS) · Active · Low risk

WATERWORKS MUSIC ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 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 -735k and a net result of DKK -955k. CEO: Anders Nørgaard Nielsen.

Bankruptcy risk for WATERWORKS MUSIC ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×

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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Industry changes1 · bankruptcy rate 6.5%0.74×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
27724272
Status
Active
Company type
Private limited company (ApS)
Founded
(22 years)
Address
c/o Christensen Kjærulff, Østbanegade 123
2100 København Ø
Municipality
København
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 131k
Auditor
Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 22
Missing annual reportNo
Negative equityYes
Equity ratio-26.7%
Current ratio79%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address262
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -1.1mDKK 1.3mDKK -1.0m
Net profitDKK -955kDKK 944kDKK -864k
EquityDKK -735kDKK 220kDKK -724k
Total assetsDKK 2.8mDKK 3.0mDKK 1.2m
CashDKK 1.9mDKK 2.3m–
Short-term debtDKK 3.5mDKK 2.7m–
Tax owedDKK 0DKK 266k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025120
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 202258
1 Jan 2021 – 31 Dec 2021139
1 Jan 2020 – 31 Dec 202057
1 Jan 2019 – 31 Dec 201994
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017158
1 Jan 2016 – 31 Dec 2016170
1 Jan 2015 – 31 Dec 2015158
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013178
1 Jan 2012 – 31 Dec 2012181
1 Jan 2011 – 31 Dec 2011179
1 Jan 2010 – 31 Dec 2010146
1 Jan 2009 – 31 Dec 2009178
1 Jan 2008 – 31 Dec 2008189 Late
1 Jan 2007 – 31 Dec 2007182
1 Jan 2006 – 31 Dec 2006165

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
CEOAnders Nørgaard NielsenCurrent
CEOSøren Nystrøm Rasted
CEONiclas Anker
CEOClaus Norreen
CEOSøren Nystrøm Rasted
Owner (33%)DIF HOLDING ApSCurrent
Owner (67%)SL HOLDING AF 28.04.2004 ApSCurrent
Owner (25%)DANNY RED HOLDING ApS
Owner (25%)DIF HOLDING ApS
Owner (50%)SL HOLDING AF 28.04.2004 ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB
FounderSL HOLDING AF 28.04.2004 ApSCurrent

The CEOs' other companies

Anders Nørgaard Nielsen – 6 other companies

Søren Nystrøm Rasted – 6 other companies

Niclas Anker – 13 other companies, of which 1 bankrupt

Claus Norreen – 4 other companies

Address history (4 moves)

c/o Christensen Kjærulff, Østbanegade 123, 2100 København Ø
c/o Christensen Kjærulff, Store Kongensgade 68, 1264 København K
Marselisborg Havnevej 56, 2., 8000 Århus C
Søndergade 8, 2. th, 8000 Århus C
c/o Advokat Peter Rønnow, Lille Torv 6, 8000 Århus C

Former names

WATERWORKS MUSIC ApS – now
SNR PRODUCTIONS ApS –

Other companies at the same address

Similar companies in København

Questions and answers about WATERWORKS MUSIC ApS

Has WATERWORKS MUSIC ApS gone bankrupt?

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

What is the bankruptcy risk of WATERWORKS MUSIC ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of WATERWORKS MUSIC ApS?

Anders Nørgaard Nielsen is the CEO of WATERWORKS MUSIC ApS.

Who is the auditor of WATERWORKS MUSIC ApS?

WATERWORKS MUSIC ApS most recently used Christensen Kjærulff, Statsautoriseret Revisionsaktieselskab.

When was WATERWORKS MUSIC ApS founded?

WATERWORKS MUSIC ApS was founded on 28 April 2004.

What is the equity of WATERWORKS MUSIC ApS?

Equity was DKK -735k 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.