H2O Shift ApS

CVR 31171997 · Private limited company (ApS) · Active · Medium risk

H2O Shift ApS is a Private limited company (ApS), founded on , based in Allerød. The company is registered in the industry engroshandel med andre maskiner og andet udstyr. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.9m and a net result of DKK -3.7m. CEO: Sofus Grum-Schwensen, Jacob Helleberg Mathiesen, Jeppe Juul Sørensen.

Bankruptcy risk for H2O Shift ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
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
31171997
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Sortemosevej 21
3450 Allerød
Municipality
Allerød
Industry
Engroshandel med andre maskiner og andet udstyr (466400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 501k
Employees
3 (2018)
Auditor
Deloitte Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio46.4%
Current ratio186%
Moves (last 2 years)2
CEO changes in total5
CEO's previous bankruptcies1
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1.1mDKK 332kDKK 876k
Net profitDKK -3.7mDKK -389kDKK -459k
EquityDKK 1.9mDKK 158kDKK -1.8m
Total assetsDKK 4.1mDKK 411kDKK 706k
CashDKK 33kDKK 35k–
Short-term debtDKK 2.2mDKK 253k–
Avg. employees42–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022162
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020118
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 2018141
1 Jan 2017 – 31 Dec 201779
1 Jan 2016 – 31 Dec 2016100
1 Jan 2015 – 31 Dec 2015134
1 Jan 2014 – 31 Dec 2014154
1 Jan 2013 – 31 Dec 2013170
1 Jan 2012 – 31 Dec 2012161
1 Jul 2010 – 30 Jun 2011166
1 Jul 2009 – 30 Jun 2010167
10 Jan 2008 – 30 Jun 2009161

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
CEOSofus Grum-SchwensenCurrent
CEOJacob Helleberg MathiesenCurrent
CEOJeppe Juul SørensenCurrent
CEOLars Leth Pedersen
CEOIb Thorvald Bjerg
Owner (100%)Paradigm Shift ApSCurrent
Owner (33%)KFA VISION INVEST ApS
Owner (25%)Sofus Grum-Schwensen
Owner (33%)JIMACO A/S
Owner (25%)J.J.S. Invest ApS
Owner (25%)Panda Invest ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorP&H P/S
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderFJORDBÆK HOLDING ApSCurrent

The CEOs' other companies

Sofus Grum-Schwensen – 4 other companies

Jacob Helleberg Mathiesen – 10 other companies, of which 1 bankrupt

Jeppe Juul Sørensen – 4 other companies

Lars Leth Pedersen – 7 other companies, of which 2 bankrupt

Ib Thorvald Bjerg – 4 other companies, of which 2 bankrupt

Address history (6 moves)

Sortemosevej 21, 3450 Allerød
Skæring Hedevej 406, 8250 Egå
Skippergade 10, 9340 Asaa
Bouet Møllevej 10, 9400 Nørresundby
Mørchsvej 2, 9340 Asaa
Houvej 164, 9370 Hals
Mørchsvej 2, 9340 Asaa

Former names

H2O Shift ApS – now
BIOTECH INNOVATION ApS –

Employees per year

Number of employees at H2O Shift ApS per year232011: 220112012: 220122013: 320132014: 320142015: 320152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Allerød

Questions and answers about H2O Shift ApS

Has H2O Shift ApS gone bankrupt?

No, H2O Shift ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of H2O Shift ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of H2O Shift ApS?

Sofus Grum-Schwensen, Jacob Helleberg Mathiesen, Jeppe Juul Sørensen are the CEOs of H2O Shift ApS.

Who is the auditor of H2O Shift ApS?

H2O Shift ApS most recently used Deloitte Statsautoriseret Revisionspartnerselskab.

When was H2O Shift ApS founded?

H2O Shift ApS was founded on 10 January 2008.

What is the equity of H2O Shift ApS?

Equity was DKK 1.9m 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.