AQUA SYSTEM AF 1.8.2004 A/S

CVR 27926835 · Public limited company (A/S) · Active · Low risk

AQUA SYSTEM AF 1.8.2004 A/S is a Public limited company (A/S), founded on , based in Herning. The company is registered in the industry fremstilling af andre maskiner til generelle formål 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. The latest annual report (31 Dec 2025) shows equity of DKK 3.7m and a net result of DKK 320k. CEO: Karsten Jeppesen.

Bankruptcy risk for AQUA SYSTEM AF 1.8.2004 A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 15% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
27926835
Status
Active
Company type
Public limited company (A/S)
Founded
(22 years)
Address
Avnvej 14
7400 Herning
Municipality
Herning
Industry
Fremstilling af andre maskiner til generelle formål i.a.n. (282900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 950k
Employees
5 (2018)
Auditor
ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 21
Missing annual reportNo
Negative equityNo
Equity ratio86.6%
Current ratio616%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.6mDKK 2.3m
Net profitDKK 320kDKK -97k
EquityDKK 3.7mDKK 3.4m
Total assetsDKK 4.3mDKK 3.8m
CashDKK 1.5m–
Short-term debtDKK 520k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · ANKER HØSTregistreret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025101
1 Jan 2024 – 31 Dec 202484
1 Jan 2023 – 31 Dec 202373
1 Jan 2022 – 31 Dec 202272
1 Jan 2021 – 31 Dec 202170
1 Jan 2020 – 31 Dec 202084
1 Jan 2019 – 31 Dec 201976
1 Jan 2018 – 31 Dec 201849
1 Jan 2017 – 31 Dec 201764
1 Jan 2016 – 31 Dec 201651
1 Jan 2015 – 31 Dec 201556
1 Jan 2014 – 31 Dec 201467
1 Jan 2013 – 31 Dec 201348
1 Jan 2012 – 31 Dec 201269
1 Jan 2011 – 31 Dec 201180
1 Jan 2010 – 31 Dec 2010150
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 200871
1 Jan 2007 – 31 Dec 2007122
1 Jan 2006 – 31 Dec 2006109

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
CEOKarsten JeppesenCurrent
CEOOle Valbak
BoardErik VermeijCurrent
BoardCharles GjørupCurrent
BoardKarsten JeppesenCurrent
BoardKim Madsen
BoardHelle Garde Carlsen
BoardAnnemette Heller
BoardOle Valbak
BoardKarsten Panting Laurents
Owner (20%)Grünbeck AGCurrent
Owner (10%)Bente ValbakCurrent
Owner (67%)KARSTEN JEPPESEN INVEST ApSCurrent
Owner (10%)Charles Gjørup
Owner (50%)KARSTEN JEPPESEN INVEST ApS
AuditorANKER HØST REGISTRERET REVISIONSAKTIESELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorSelskabet af den 4. juli 2016 RVT ApS
AuditorRevisionsfirmaet Gert Ovesen, Registreret Revisor
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Karsten Jeppesen – 2 other companies

Ole Valbak – 10 other companies, of which 2 bankrupt

Address history (1 moves)

Avnvej 14, 7400 Herning
Kronprinsessegade 18, 1306 København K

Former names

AQUA SYSTEM AF 1.8.2004 A/S – now
A/S PSE 17 NR. 1465 –

Employees per year

Number of employees at AQUA SYSTEM AF 1.8.2004 A/S per year352011: 520112012: 520122013: 420132014: 520142015: 520152016: 520162017: 520172018: 52018

Other companies at the same address

Similar companies in Herning

Questions and answers about AQUA SYSTEM AF 1.8.2004 A/S

Has AQUA SYSTEM AF 1.8.2004 A/S gone bankrupt?

No, AQUA SYSTEM AF 1.8.2004 A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of AQUA SYSTEM AF 1.8.2004 A/S?

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 AQUA SYSTEM AF 1.8.2004 A/S?

Karsten Jeppesen is the CEO of AQUA SYSTEM AF 1.8.2004 A/S.

Who is the auditor of AQUA SYSTEM AF 1.8.2004 A/S?

AQUA SYSTEM AF 1.8.2004 A/S most recently used ANKER HØST REGISTRERET REVISIONSAKTIESELSKAB.

When was AQUA SYSTEM AF 1.8.2004 A/S founded?

AQUA SYSTEM AF 1.8.2004 A/S was founded on 1 July 2004.

What is the equity of AQUA SYSTEM AF 1.8.2004 A/S?

Equity was DKK 3.7m 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.