IN-Water ApS

CVR 38819704 · Private limited company (ApS) · Active · Medium risk

IN-Water ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -360k and a net result of DKK -161k.

Bankruptcy risk for IN-Water ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×

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
38819704
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Martin Andersen, Thit Jensens Gade 18, 6.
8000 Aarhus C
Municipality
Aarhus
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 100k
Employees
2 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityYes
Equity ratio-34.4%
Current ratio119%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 249kDKK 332kDKK 1.5m
Net profitDKK -161kDKK -277kDKK -21k
EquityDKK -360kDKK -198kDKK 79k
Total assetsDKK 1.0mDKK 1.5mDKK 1.7m
CashDKK 11kDKK 83k–
Short-term debtDKK 876kDKK 693k–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 202491
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020180
1 Jan 2019 – 31 Dec 2019148
27 Jul 2017 – 31 Dec 201860

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
BoardMartin Andersen
Owner (100%)Martin AndersenCurrent
Owner (100%)WaterValue HOLDING ApSCurrent
Owner (100%)WaterValue HOLDING ApS
Owner (50%)WaterValue HOLDING ApS
Owner (50%)WaterTech Holding ApS
Owner (50%)WaterValue HOLDING ApS
Owner (33%)WaterTech Holding ApS
FounderWaterValue HOLDING ApSCurrent

Address history (3 moves)

c/o Martin Andersen, Thit Jensens Gade 18, 6., 8000 Aarhus C
Gudrunsvej 78, 3. 25, 8220 Brabrand
Karen Blixens Boulevard 7, 8220 Brabrand
J.P. Larsens Vej 68, 8220 Brabrand

Employees per year

Number of employees at IN-Water ApS per year122018: 22018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about IN-Water ApS

Has IN-Water ApS gone bankrupt?

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

What is the bankruptcy risk of IN-Water ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

When was IN-Water ApS founded?

IN-Water ApS was founded on 27 July 2017.

What is the equity of IN-Water ApS?

Equity was DKK -360k 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.