SUNSTONE WATER GROUP EUROPE ApS

CVR 36084510 · Private limited company (ApS) · Active · High risk

SUNSTONE WATER GROUP EUROPE ApS is a Private limited company (ApS), founded on , based in Vejle. The company is registered in the industry fremstilling af andre maskiner til generelle formål i.a.n.. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 11 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 -27.4m and a net result of DKK -83k. CEO: Mads Schytz Haaning.

Bankruptcy risk for SUNSTONE WATER GROUP EUROPE ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
36084510
Status
Active
Company type
Private limited company (ApS)
Founded
(12 years)
Address
Blomstervænget 13
7100 Vejle
Municipality
Vejle
Industry
Fremstilling af andre maskiner til generelle formål i.a.n. (282900)
Bankruptcies in the industry: Fremstilling af øvrige maskiner til specielle formål i.a.n.
Share capital
DKK 111k
Employees
3 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityYes
Equity ratio-18,911.0%
Current ratio1%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -97kDKK -142kDKK -17k
Net profitDKK -83kDKK -172kDKK -1.1m
EquityDKK -27.4mDKK -27.3mDKK -27.1m
Total assetsDKK 145kDKK 628kDKK 1.6m
CashDKK 105kDKK 611k–
Short-term debtDKK 27.5mDKK 27.9m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025150
1 Jan 2024 – 31 Dec 2024184 Late
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022153
1 Jan 2021 – 31 Dec 2021146
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019245 Late
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017163
1 Jan 2016 – 31 Dec 2016124
5 Sep 2014 – 31 Dec 2015153

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
CEOMads Schytz HaaningCurrent
BoardKarsten LorentzenCurrent
BoardMads Schytz HaaningCurrent
BoardFrank HülsenCurrent
BoardElo Nielsen
Owner (33%)NMS & AM HOLDING ApSCurrent
Owner (50%)PSG Print Solution GmbHCurrent
Owner (33%)NMS & AM HOLDING ApS
Owner (50%)PSG Print Solution GmbH
Owner (10%)SLN Holding IVS
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorMJAKP P/S
FounderNMS & AM HOLDING ApSCurrent

The CEOs' other companies

Mads Schytz Haaning – 9 other companies

Address history (5 moves)

Blomstervænget 13, 7100 Vejle
Blomstervænget 28, 7100 Vejle
Sletvej 2E, 8310 Tranbjerg J
Tandervej 5, 8320 Mårslet
Ulvehavevej 58, 7100 Vejle
Silkeborgvej 39, 8000 Aarhus C

Employees per year

Number of employees at SUNSTONE WATER GROUP EUROPE ApS per year232015: 320152016: 220162017: 220172018: 32018

Other companies at the same address

Similar companies in Vejle

Questions and answers about SUNSTONE WATER GROUP EUROPE ApS

Has SUNSTONE WATER GROUP EUROPE ApS gone bankrupt?

No, SUNSTONE WATER GROUP EUROPE ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SUNSTONE WATER GROUP EUROPE ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of SUNSTONE WATER GROUP EUROPE ApS?

Mads Schytz Haaning is the CEO of SUNSTONE WATER GROUP EUROPE ApS.

Who is the auditor of SUNSTONE WATER GROUP EUROPE ApS?

SUNSTONE WATER GROUP EUROPE ApS most recently used Beierholm Godkendt Revisionspartnerselskab.

When was SUNSTONE WATER GROUP EUROPE ApS founded?

SUNSTONE WATER GROUP EUROPE ApS was founded on 5 September 2014.

What is the equity of SUNSTONE WATER GROUP EUROPE ApS?

Equity was DKK -27.4m 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.