Water Danmark A/S
CVR 33782853 · Public limited company (A/S) · Active · Medium risk
Water Danmark A/S is a Public limited company (A/S), founded on , based in Egå. The company is registered in the industry forsikringsagenters og forsikringsmægleres aktiviteter. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 15 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 20.5m and a net result of DKK 16.2m. CEO: Lars Folkmann.
Bankruptcy risk for Water Danmark A/S
1.6 × the average (1.41%) · higher risk than 84% of active Danish companies
Increases the risk
Reduces the risk
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
- 33782853
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (15 years)
- Address
- Gåseagervej 6, 1. 1
8250 Egå - Municipality
- Aarhus
- Industry
- Forsikringsagenters og forsikringsmægleres aktiviteter (662200)
Bankruptcies in the industry: Formueforvaltning - Share capital
- DKK 2.8m
- Employees
- 2 (2018)
- Auditor
- EY Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 15 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 28.2% |
| Current ratio | 44% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 4 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 8 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 1.7m | DKK -629k |
| Net profit | DKK 16.2m | DKK -2.8m |
| Equity | DKK 20.5m | DKK 4.4m |
| Total assets | DKK 72.8m | DKK 74.2m |
| Cash | DKK 0 | – |
| Short-term debt | DKK 50.6m | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · EY Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 187 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 184 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 179 | ||
| 1 Jan 2022 – 31 Dec 2022 | 174 | ||
| 1 Jan 2021 – 31 Dec 2021 | 179 | ||
| 1 Jan 2020 – 31 Dec 2020 | 189 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 149 | ||
| 1 Jan 2018 – 31 Dec 2018 | 163 | ||
| 1 Jan 2017 – 31 Dec 2017 | 152 | ||
| 1 Jan 2016 – 31 Dec 2016 | 90 | ||
| 1 Jan 2015 – 31 Dec 2015 | 165 | ||
| 1 Jan 2014 – 31 Dec 2014 | 148 | ||
| 1 Jan 2013 – 31 Dec 2013 | 171 | ||
| 1 Jan 2012 – 31 Dec 2012 | 172 | ||
| 21 Jun 2011 – 31 Dec 2011 | 179 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Lars Folkmann | Current | |
| CEO | Brian Kristensen | ||
| CEO | Jesper Kreiborg | ||
| Board | Lars Folkmann | Current | |
| Board | Dan Ringsted Jacobsen | Current | |
| Board | Jimmy Peter Mørup | Current | |
| Board | Jørn Allan Pedersen | ||
| Board | Jørgen Hidén | ||
| Board | Torgrim Lien | ||
| Board | Gaute Herdlevær | ||
| Board | Dan Christian Sivertsen | ||
| Board | Morten Thorsrud | ||
| Board | Jørn Allan Pedersen | ||
| Board | Gaute Herdlevær | ||
| Board | Jack Skallerud Bråthen | ||
| Board | Espen Olav Øyen | ||
| Board | Reidar Lægreid | ||
| Board | Nikolaj Wolf Wessberg Petersen | ||
| Board | Henrik Høgh | ||
| Owner (100%) | HPD Group ApS | Current | |
| Owner (100%) | Watercircles Skandinavia AS | ||
| Auditor | EY Godkendt Revisionspartnerselskab | Current | |
| Auditor | EY Legacy ApS | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | ||
| Founder | BeSure Forsikring Skandinavia AS | Current |
The CEOs' other companies
Lars Folkmann – 26 other companies, of which 1 bankrupt
- ML Svejseteknik ApS Bankrupt 18 Nov 2024
- 8250 Skæring ApS Active
- Bolig Sejs-Svejbæk Silkeborg ApS Active
- DANSK SOLAR TEKNIK ApS Opløst
- ERG BYG ApS Active
- Ejd.selskabet Hvidovre ApS Active
- Ejendomsselskabet Annebergparken ApS Active
- Gl. Harlev ApS Active
- HPD BYG ApS Active
- HPD DNA ApS Active
- HPD Group ApS Fusioneret
- HPD Group ApS Active
- KOMPLEMENTARSELSKABET TROMMESALEN 3 ApS Active
- Kampmannsgaard ApS Fusioneret
- Kampmannsgaard Holding af 17. november 2017 ApS Fusioneret
- Komplementarselskabet Agerlykken ApS Active
- Komplementarselskabet Kampmannsgaard ApS Opløst
- LF HOLDING ApS Active
- Lokesvej ApS Active
- NBV 19 ApS Active
- PEH 1 ApS Active
- SGV INVEST ApS Active
- Stillidsvej 2 ApS Active
- Søhaven ApS Active
- WIRE EL ApS Active
- World Media ApS Active
Brian Kristensen – 1 other companies
- WHITE LABEL DANMARK A/S Opløst
Jesper Kreiborg – 1 other companies
- Kvikk Group ApS Active
Address history (9 moves)
| Gåseagervej 6, 1. 1, 8250 Egå | |
| Ved Skoven 55, 8541 Skødstrup | |
| Graham Bells Vej 27, 1., 8200 Aarhus N | |
| Skodsborgvej 48A, 2830 Virum | |
| Gammel Vartov Vej 6B, 2900 Hellerup | |
| Gammel Vartov Vej 6B, kl., 2900 Hellerup | |
| Aldersrogade 3A, 2., 2100 København Ø | |
| Toldbodgade 31, 2. tv, 1253 København K | |
| c/o FirstClients, Langebrogade 5, 1411 København K | |
| c/o CPH Law Firm, Vester Voldgade 83, 4., 1552 København V |
Former names
| Water Danmark A/S | – now |
| WATERCIRCLES DANMARK A/S | – |
Employees per year
Other companies at the same address
- Azubi ApS Bankrupt
- FARMINGTON HOUSE ApS Bankrupt
- H.T. MARINE DENMARK A/S Bankrupt
- EGÅ CYKELCENTER ApS Active
- MIKELO A/S Active
- NORTH STAR SYSTEMS ApS Active
- Rosalinda ApS Active
- Senior World ApS Active
- Søhaven ApS Active
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- RuCa Forsikringsmægler ApS Aarhus C
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- Voigt Finans Aps Skødstrup
- S&P Pensionsmægler Aarhus ApS Aarhus V
Questions and answers about Water Danmark A/S
Has Water Danmark A/S gone bankrupt?
No, Water Danmark A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Water Danmark A/S?
Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.
Who is the CEO of Water Danmark A/S?
Lars Folkmann is the CEO of Water Danmark A/S.
Who is the auditor of Water Danmark A/S?
Water Danmark A/S most recently used EY Godkendt Revisionspartnerselskab.
When was Water Danmark A/S founded?
Water Danmark A/S was founded on 21 June 2011.
What is the equity of Water Danmark A/S?
Equity was DKK 20.5m 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.