WATERSTREAM ApS

CVR 29424284 · Private limited company (ApS) · Active · Low risk

WATERSTREAM ApS is a Private limited company (ApS), founded on , based in Roskilde. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.1% 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 1.1m and a net result of DKK 225k.

Bankruptcy risk for WATERSTREAM ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
29424284
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
c/o Flemming Hansen, Klosterengen 136
4000 Roskilde
Municipality
Roskilde
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 130k
Employees
1 (2014)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio44.4%
Current ratio19%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 31kDKK 3,490
Net profitDKK 225kDKK 120k
EquityDKK 1.1mDKK 835k
Total assetsDKK 2.4mDKK 1.8m
CashDKK 252k–
Short-term debtDKK 1.3m–
Tax owedDKK 36k–
Avg. employees0–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202532
1 Jan 2024 – 31 Dec 202419
1 Jan 2023 – 31 Dec 202342
1 Jan 2022 – 31 Dec 202250
1 Jan 2021 – 31 Dec 202123
1 Jan 2020 – 31 Dec 202032
1 Jan 2019 – 31 Dec 201961
1 Jan 2018 – 31 Dec 201861
1 Jan 2017 – 31 Dec 201756
1 Jan 2016 – 31 Dec 201643
1 Jan 2015 – 31 Dec 201564
1 Jan 2014 – 31 Dec 2014111
1 Jan 2013 – 31 Dec 201391
1 Jan 2012 – 31 Dec 201276
1 Jan 2011 – 31 Dec 2011100
1 Jan 2010 – 31 Dec 2010128
1 Jan 2009 – 31 Dec 2009167
1 Jan 2008 – 31 Dec 2008180
1 Jan 2007 – 31 Dec 2007168
1 Feb 2006 – 31 Dec 2006178

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
CEOMorten Frandsen
Owner (100%)Flemming Eske HansenCurrent
AuditorEJENDOMSSELSKABET GERSONSVEJ 7 ApS
AuditorInvesteringsselskabet af 20. september 2008 ApS
FounderFlemming Eske HansenCurrent
FounderMorten FrandsenCurrent

The CEOs' other companies

Morten Frandsen – 3 other companies

Address history (0 moves)

c/o Flemming Hansen, Klosterengen 136, 4000 Roskilde

Employees per year

Number of employees at WATERSTREAM ApS per year112014: 12014

Other companies at the same address

Similar companies in Roskilde

Questions and answers about WATERSTREAM ApS

Has WATERSTREAM ApS gone bankrupt?

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

What is the bankruptcy risk of WATERSTREAM ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

When was WATERSTREAM ApS founded?

WATERSTREAM ApS was founded on 1 February 2006.

What is the equity of WATERSTREAM ApS?

Equity was DKK 1.1m 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.