H2O DEVELOP HOLDING ApS

CVR 35244131 · Private limited company (ApS) · Active · Medium risk

H2O DEVELOP HOLDING ApS is a Private limited company (ApS), founded on , based in Ribe. The company is registered in the industry anden finansiel formidling i.a.n.. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 times the average for Danish companies. 13 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -413k and a net result of DKK -1,000. CEO: Kurt Jakobsen.

Bankruptcy risk for H2O DEVELOP HOLDING ApS

2.6%
probability of bankruptcy within 12 months
Medium risk

1.9 × the average (1.41%) · higher risk than 86% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×

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
35244131
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Kurt Jakobsen, V Vedsted Vej 65
6760 Ribe
Municipality
Esbjerg
Industry
Anden finansiel formidling i.a.n. (649990)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 80k
Auditor
Revisionscentret Ribe GodkendtRevisionsanpartsselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 13
Missing annual reportNo
Negative equityYes
Equity ratio–
Current ratio0%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Net profitDKK -1,000–
EquityDKK -413k–
Total assetsDKK 0–
Short-term debtDKK 413k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisionscentret Ribe GodkendtRevisionsanpartsselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024164
1 Jan 2023 – 31 Dec 2023163
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020167
1 Jan 2019 – 31 Dec 2019238 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017160
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015173
1 Jan 2014 – 31 Dec 2014161
17 May 2013 – 31 Dec 2013168

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
CEOKurt JakobsenCurrent
Owner (100%)Kurt JakobsenCurrent
AuditorSAGRO I/S
AuditorRevenu Registreret Revisionsanpartsselskab
AuditorREVISIONSCENTRET RIBE, GODKENDT REVISIONSANPARTSSELSKAB
FounderKurt JakobsenCurrent

The CEOs' other companies

Kurt Jakobsen – 6 other companies

Address history (1 moves)

c/o Kurt Jakobsen, V Vedsted Vej 65, 6760 Ribe
c/o Kurt Jakobsen, V Vedsted Vej 65, 6760 Ribe

Other companies at the same address

Similar companies in Esbjerg

Questions and answers about H2O DEVELOP HOLDING ApS

Has H2O DEVELOP HOLDING ApS gone bankrupt?

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

What is the bankruptcy risk of H2O DEVELOP HOLDING ApS?

Our model estimates a bankruptcy risk of 2.6% over the next 12 months (medium risk), which is 1.9 times the average for Danish companies.

Who is the CEO of H2O DEVELOP HOLDING ApS?

Kurt Jakobsen is the CEO of H2O DEVELOP HOLDING ApS.

Who is the auditor of H2O DEVELOP HOLDING ApS?

H2O DEVELOP HOLDING ApS most recently used Revisionscentret Ribe GodkendtRevisionsanpartsselskab.

When was H2O DEVELOP HOLDING ApS founded?

H2O DEVELOP HOLDING ApS was founded on 17 May 2013.

What is the equity of H2O DEVELOP HOLDING ApS?

Equity was DKK -413k 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.