Flux Water ApS

CVR 37151106 · Private limited company (ApS) · Active · Low risk

Flux Water ApS is a Private limited company (ApS), founded on , based in Spjald. The company is registered in the industry vandforsyning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -48.7m and a net result of DKK -1.6m. CEO: Georg Tang Anneberg.

Bankruptcy risk for Flux Water ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Share of late annual reports25%–50% · 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×
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×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
37151106
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Annebergvej 2
6971 Spjald
Municipality
Ringkøbing-Skjern
Industry
Vandforsyning (360000)
Bankruptcies in the industry: Vandforsyning
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Partner Revision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-2,413.7%
Current ratio1%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address16
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -36kDKK -19kDKK 13.4m
Net profitDKK -1.6mDKK -451kDKK 10.0m
EquityDKK -48.7mDKK -47.1mDKK -46.7m
Total assetsDKK 2.0mDKK 4.9mDKK 45.1m
CashDKK 175kDKK 28k–
Short-term debtDKK 50.7mDKK 52.0m–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Partner Revision, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024166
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 2020193 Late
1 Jan 2019 – 31 Dec 2019252 Late
1 Jul 2017 – 30 Jun 2018167
1 Jul 2016 – 30 Jun 2017123
13 Oct 2015 – 30 Jun 2016160

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
CEOGeorg Tang AnnebergCurrent
CEOLars Kastholm
CEOThomas Bojesen Eilkær
CEOEjnar Kristiansen
BoardGeorg Tang AnnebergCurrent
BoardSven AnnebergCurrent
BoardFrederik August Grønkjær AnnebergCurrent
BoardFinn Birkjær Nielsen
BoardEjnar Kristiansen
BoardLars Birkjær Nielsen
BoardLars Kastholm
BoardThomas Bojesen Eilkær
Owner (100%)Flux Invest A/SCurrent
Owner (100%)ENSTO HOLDING A/S
Owner (67%)ENSTO HOLDING A/S
Owner (20%)EILKAER HOLDING ApS
Owner (100%)ENSTO HOLDING A/S
AuditorPartner Revision statsautoriseret revisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPartner Revision statsautoriseret revisionsaktieselskab
FounderENSTO HOLDING A/SCurrent

The CEOs' other companies

Georg Tang Anneberg – 22 other companies, of which 1 bankrupt

Lars Kastholm – 20 other companies, of which 6 bankrupt

Thomas Bojesen Eilkær – 10 other companies

Ejnar Kristiansen – 19 other companies, of which 2 bankrupt

Address history (4 moves)

Annebergvej 2, 6971 Spjald
G-Vej 3, 2300 København S
Annebergvej 2, 6971 Spjald
G-Vej 3, 2300 København S
Bernhard Bangs Alle 39, 2000 Frederiksberg

Former names

Flux Water ApS – now
Flux Water A/S –

Employees per year

Number of employees at Flux Water ApS per year242015: 020152016: 420162017: 420172018: 22018

Other companies at the same address

Similar companies in Ringkøbing-Skjern

Questions and answers about Flux Water ApS

Has Flux Water ApS gone bankrupt?

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

What is the bankruptcy risk of Flux Water ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Flux Water ApS?

Georg Tang Anneberg is the CEO of Flux Water ApS.

Who is the auditor of Flux Water ApS?

Flux Water ApS most recently used Partner Revision statsautoriseret revisionsaktieselskab.

When was Flux Water ApS founded?

Flux Water ApS was founded on 13 October 2015.

What is the equity of Flux Water ApS?

Equity was DKK -48.7m 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.