VESTHIMMERLANDS VAND A/S

CVR 32562299 · Public limited company (A/S) · Active · Low risk

VESTHIMMERLANDS VAND A/S is a Public limited company (A/S), founded on , based in Løgstør. The company is registered in the industry opsamling og behandling af spildevand. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 17 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2bn and a net result of DKK 15.1m. CEO: Morten Aaby Nielsen.

Bankruptcy risk for VESTHIMMERLANDS VAND 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

No significant risk factors.

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
32562299
Status
Active
Company type
Public limited company (A/S)
Founded
(16 years)
Address
Stengårdsvej 33
9670 Løgstør
Municipality
Vesthimmerlands
Industry
Opsamling og behandling af spildevand (370000)
Bankruptcies in the industry: Opsamling og behandling af spildevand
Share capital
DKK 10.0m
Employees
0 (2018)
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 17
Missing annual reportNo
Negative equityNo
Equity ratio79.1%
Current ratio251%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 87.8mDKK 92.8mDKK 80.7m
Gross profitDKK 49.7mDKK 56.1mDKK 45.6m
Net profitDKK 15.1mDKK 19.4mDKK 11.1m
EquityDKK 1.2bnDKK 1.2bnDKK 1.1bn
Total assetsDKK 1.5bnDKK 1.5bnDKK 1.4bn
CashDKK 6.4mDKK 6.0m–
Short-term debtDKK 72.7mDKK 101.1m–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025133
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022122
1 Jan 2021 – 31 Dec 2021118
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 2019128
1 Jan 2018 – 31 Dec 2018120
1 Jan 2017 – 31 Dec 2017121
1 Jan 2016 – 31 Dec 2016123
1 Jan 2015 – 31 Dec 2015130
1 Jan 2014 – 31 Dec 2014132
1 Jan 2013 – 31 Dec 2013119
1 Jan 2012 – 31 Dec 2012122
1 Jan 2011 – 31 Dec 2011122
1 Jan 2010 – 31 Dec 2010143
4 Nov 2009 – 31 Dec 2009154

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 Aaby NielsenCurrent
CEOBent Erik Skovkær Hansen
CEOJens Christian Blach Olesen
BoardLiselotte Lynge JensenCurrent
BoardPer Cæsar TorpCurrent
BoardHenrik Harris SlothCurrent
BoardPer NyborgCurrent
BoardJeppe Korreborg PedersenCurrent
BoardJens Peter Kollerup NielsenCurrent
BoardJakob Vium DyrmanCurrent
BoardPalle Jensen
BoardBjarne Jensen
BoardHermann Haldrup
BoardUffe Bro
BoardMartin Glerup
BoardAlbert Veggerby Andersen
BoardAnnette Vahlgreen
BoardFinna Eriksen
BoardJens Styrbæk Lauritzen
BoardHermann Haldrup
BoardPoul Vejen
BoardKirsten Ingemann Sørensen
BoardLars Peter Jensen
BoardKaren Elizabeth Friis Clausager
BoardRasmus Sven Vetter
BoardMorten Brinkmann Sandersen
BoardPer Nyborg
BoardJens Styrbæk Lauritzen
BoardHermann Haldrup
BoardRasmus Sven Vetter
BoardBrian Christensen
BoardAnders Kjær Kristensen
BoardNiels Krebs Hansen
BoardMikael Lisberg Toft
BoardNiels Krebs Hansen
BoardNiels Bach
BoardAnders Kjær Kristensen
BoardLars Holm Andresen
BoardJakob Vium Dyrman
Owner (100%)Vesthimmerlands Forsyning Holding A/SCurrent
Owner (100%)Vesthimmerlands Kommune
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderVesthimmerlands KommuneCurrent

The CEOs' other companies

Morten Aaby Nielsen – 6 other companies

Address history (2 moves)

Stengårdsvej 33, 9670 Løgstør
Th. Eriksens Vej 28, 9640 Farsø
Frederik IX's Plads 1, 9640 Farsø

Employees per year

Number of employees at VESTHIMMERLANDS VAND A/S per year15302011: 3020112012: 2620122013: 2420132014: 2720142015: 2620152016: 2820162017: 2520172018: 02018

Other companies at the same address

Similar companies in Vesthimmerlands

Questions and answers about VESTHIMMERLANDS VAND A/S

Has VESTHIMMERLANDS VAND A/S gone bankrupt?

No, VESTHIMMERLANDS VAND A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VESTHIMMERLANDS VAND 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 VESTHIMMERLANDS VAND A/S?

Morten Aaby Nielsen is the CEO of VESTHIMMERLANDS VAND A/S.

Who is the auditor of VESTHIMMERLANDS VAND A/S?

VESTHIMMERLANDS VAND A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VESTHIMMERLANDS VAND A/S founded?

VESTHIMMERLANDS VAND A/S was founded on 4 November 2009.

What is the equity of VESTHIMMERLANDS VAND A/S?

Equity was DKK 1.2bn 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.