AQUA-TS ApS

CVR 37593443 · Private limited company (ApS) · Active · Low risk

AQUA-TS ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 46k and a net result of DKK -104k. CEO: Frank Ivar Myren.

Bankruptcy risk for AQUA-TS ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
37593443
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Solsikkevej 11
5700 Svendborg
Municipality
Svendborg
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Employees
0 (2016)
Auditor
RevisorGruppen v/ Lilly Jeppesen
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 10
Missing annual reportNo
Negative equityNo
Equity ratio65.2%
Current ratio288%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -6,072DKK 128kDKK -73k
Net profitDKK -104kDKK 8,640DKK -103k
EquityDKK 46kDKK 149kDKK 140k
Total assetsDKK 70kDKK 262kDKK 163k
CashDKK 45kDKK 96k–
Short-term debtDKK 24kDKK 113k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RevisorGruppen v/ Lilly Jeppesen.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025139
1 Jan 2024 – 31 Dec 2024162
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021183
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017184 Late
6 Apr 2016 – 31 Dec 2016166

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
CEOFrank Ivar MyrenCurrent
Owner (100%)Frank Ivar MyrenCurrent
FounderFrank Ivar MyrenCurrent

Address history (0 moves)

Solsikkevej 11, 5700 Svendborg

Former names

AQUA-TS ApS – now
AQUA-TS IVS –

Employees per year

Number of employees at AQUA-TS ApS per year112016: 02016

Other companies at the same address

Similar companies in Svendborg

Questions and answers about AQUA-TS ApS

Has AQUA-TS ApS gone bankrupt?

No, AQUA-TS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of AQUA-TS ApS?

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

Who is the CEO of AQUA-TS ApS?

Frank Ivar Myren is the CEO of AQUA-TS ApS.

Who is the auditor of AQUA-TS ApS?

AQUA-TS ApS most recently used RevisorGruppen v/ Lilly Jeppesen.

When was AQUA-TS ApS founded?

AQUA-TS ApS was founded on 6 April 2016.

What is the equity of AQUA-TS ApS?

Equity was DKK 46k 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.