Culligan Danmark ApS

CVR 32271529 · Private limited company (ApS) · Active · Low risk

Culligan Danmark ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry engroshandel med hvidevarer og elektriske husholdningsartikler. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 17 annual reports have been published, of which 8 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 10.3m and a net result of DKK 5.2m. CEO: Erik Gulbrandsen, James Colin Montupet, Carl-Mikael Olsson.

Bankruptcy risk for Culligan Danmark ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
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×

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
32271529
Status
Active
Company type
Private limited company (ApS)
Founded
(17 years)
Address
Dyssen 3
8200 Aarhus N
Municipality
Aarhus
Industry
Engroshandel med hvidevarer og elektriske husholdningsartikler (464310)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 125k
Employees
7 (2018)
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late8 of 17
Missing annual reportNo
Negative equityNo
Equity ratio10.7%
Current ratio27%
Moves (last 2 years)1
CEO changes in total13
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 34.0mDKK 25.9mDKK 17.3m
Net profitDKK 5.2mDKK 8.8mDKK 2.6m
EquityDKK 10.3mDKK 15.4mDKK 6.7m
Total assetsDKK 96.4mDKK 56.6mDKK 38.7m
CashDKK 36kDKK 1.6m–
Short-term debtDKK 86.1mDKK 40.7m–
Tax owedDKK 0DKK 2.3m–
Avg. employees4626–

Latest annual report: Reporting class B · auditor's statement: Independent Practitioner’s Extended Review Report · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025204 Late
1 Jan 2024 – 31 Dec 2024198 Late
1 Jan 2023 – 31 Dec 2023185 Late
1 Jan 2022 – 31 Dec 2022213 Late
1 Jan 2021 – 31 Dec 2021222 Late
1 Jan 2020 – 31 Dec 2020215 Late
1 Jan 2019 – 31 Dec 2019274 Late
1 Jan 2018 – 31 Dec 2018185 Late
1 Jan 2017 – 31 Dec 2017152
1 Jan 2016 – 31 Dec 2016172 Restated
1 Jan 2015 – 31 Dec 2015146
1 Jan 2014 – 31 Dec 2014146
1 Jan 2013 – 31 Dec 2013128
1 Jan 2012 – 31 Dec 2012113
1 Jan 2011 – 31 Dec 2011134
1 Jan 2010 – 31 Dec 2010121
1 Jan 2009 – 31 Dec 200998

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
CEOErik GulbrandsenCurrent
CEOJames Colin MontupetCurrent
CEOCarl-Mikael OlssonCurrent
CEOEbbe Lyng Nielsen
CEOJesper Nielsen
CEOAndreas Solberg
CEOErik Gulbrandsen
CEOGeir Sigvat Toft
CEOErik Christoffer Berggren
Owner (100%)Culligan Norge ASCurrent
Owner (50%)Ebbe Lyng Nielsen
Owner (33%)Jesper Nielsen
Owner (50%)EBBE NIELSEN 2014 HOLDING ApS
Owner (33%)JESPER NIELSEN 2014 HOLDING ApS
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorRevisionsfirmaet Lars Jeppesen
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderEbbe Lyng NielsenCurrent
FounderJesper NielsenCurrent

The CEOs' other companies

Ebbe Lyng Nielsen – 5 other companies

Jesper Nielsen – 3 other companies

Address history (5 moves)

Dyssen 3, 8200 Aarhus N
Lene Haus Vej 10, 7430 Ikast
Lene Haus Vej 15, 7430 Ikast
Lene Haus Vej 10, 7430 Ikast
Langebjergvænget 6, 4000 Roskilde
Langebjergvænget 63, 4000 Roskilde

Former names

Culligan Danmark ApS – now
WATERLOGIC DANMARK ApS –
AQUA LINE ApS –

Employees per year

Number of employees at Culligan Danmark ApS per year5102011: 620112012: 620122013: 720132014: 820142015: 1020152016: 920162017: 920172018: 72018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Culligan Danmark ApS

Has Culligan Danmark ApS gone bankrupt?

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

What is the bankruptcy risk of Culligan Danmark ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Culligan Danmark ApS?

Erik Gulbrandsen, James Colin Montupet, Carl-Mikael Olsson are the CEOs of Culligan Danmark ApS.

Who is the auditor of Culligan Danmark ApS?

Culligan Danmark ApS most recently used EY Godkendt Revisionspartnerselskab.

When was Culligan Danmark ApS founded?

Culligan Danmark ApS was founded on 19 June 2009.

What is the equity of Culligan Danmark ApS?

Equity was DKK 10.3m 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.