Underwater Workers ApS

CVR 36725923 · Private limited company (ApS) · Active · Medium risk

Underwater Workers ApS is a Private limited company (ApS), founded on , based in Frederikssund. The company is registered in the industry drift af bugserings-, bjærgnings- og redningsvæsen mv.. Our model estimates a bankruptcy risk of 2.6% over the next 12 months, which is 1.9 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 49k and a net result of DKK -83k.

Bankruptcy risk for Underwater Workers 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Has a boardYes · bankruptcy rate 6.0%0.68×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
36725923
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Bakkekammen 176
3600 Frederikssund
Municipality
Frederikssund
Industry
Drift af bugserings-, bjærgnings- og redningsvæsen mv. (522220)
Bankruptcies in the industry: Speditører
Share capital
DKK 40k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 11
Missing annual reportNo
Negative equityNo
Equity ratio54.6%
Current ratio220%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -83kDKK -72k–
Net profitDKK -83kDKK -72kDKK 55k
EquityDKK 49kDKK 132kDKK 204k
Total assetsDKK 90kDKK 213kDKK 329k
CashDKK 1,923DKK 106k–
Short-term debtDKK 41kDKK 80k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024165
1 Jan 2023 – 31 Dec 202356
1 Jan 2022 – 31 Dec 2022165
1 Jan 2021 – 31 Dec 2021148
1 Jan 2020 – 31 Dec 2020186 Late
1 Jan 2019 – 31 Dec 2019225 Late
1 Jan 2018 – 31 Dec 2018161
1 Jan 2017 – 31 Dec 2017122
1 Jan 2016 – 31 Dec 2016148
26 Apr 2015 – 31 Dec 2015161

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
BoardKåre Steen PedersenCurrent
BoardYuwathida Yalangsi PedersenCurrent
Owner (100%)Caspar Steen PedersenCurrent
FounderCaspar Steen PedersenCurrent

Address history (2 moves)

Bakkekammen 176, 3600 Frederikssund
Lundebjerggårdsvej 180, 2. th, 2740 Skovlunde
Strandlodsvej 86, 1. tv, 2300 København S

Former names

Underwater Workers ApS – now
Underwater Workers IVS –
Undervater Worker IVS –

Employees per year

Number of employees at Underwater Workers ApS per year112015: 120152016: 120162017: 120172018: 02018

Questions and answers about Underwater Workers ApS

Has Underwater Workers ApS gone bankrupt?

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

What is the bankruptcy risk of Underwater Workers 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.

When was Underwater Workers ApS founded?

Underwater Workers ApS was founded on 26 April 2015.

What is the equity of Underwater Workers ApS?

Equity was DKK 49k 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.