Watery ApS

CVR 39718626 · Private limited company (ApS) · Active · Low risk

Watery ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry detailhandel med sports- og fritidsudstyr. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 8 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 28.2m and a net result of DKK 9.2m. CEO: Jacob Fejerskov.

Bankruptcy risk for Watery 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

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · 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×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
39718626
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Norgesvej 5
8700 Horsens
Municipality
Horsens
Industry
Detailhandel med sports- og fritidsudstyr (476310)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 71k
Employees
0 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 8
Missing annual reportNo
Negative equityNo
Equity ratio52.9%
Current ratio197%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 25.0mDKK 18.2m
Net profitDKK 9.2mDKK 6.9m
EquityDKK 28.2mDKK 19.0m
Total assetsDKK 53.3mDKK 50.6m
CashDKK 12.8m–
Short-term debtDKK 24.9m–
Tax owedDKK 2.6m–
Avg. employees28–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023145
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021145
1 Jan 2020 – 31 Dec 2020145
1 Jan 2019 – 31 Dec 201992
1 Jan 2018 – 31 Dec 2018172

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
CEOJacob FejerskovCurrent
Owner (67%)DHJ Empire ApSCurrent
Owner (5%)J. REEH HOLDING ApSCurrent
Owner (5%)MORTEN P. HOLDING ApSCurrent
Owner (5%)REIMER ASSET MANAGEMENT ApSCurrent
Owner (5%)OP & NED HOLDING ApSCurrent
Owner (10%)FD Invest ApSCurrent
Owner (100%)Paw Christian Holdgaard
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorULLITS & WINTHER STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderPaw Christian HoldgaardCurrent

Address history (5 moves)

Norgesvej 5, 8700 Horsens
c/o Daniel Johannesen, Norgesvej 5, 8700 Horsens
c/o Daniel Johannesen, Langmarksvej 34, 8700 Horsens
c/o Daniel Johannesen, Ove Jensens Alle 31D, 8700 Horsens
Søndergade 49, 1. mf, 8700 Horsens
c/o Paw Christian Holdgaard, Vangevej 16, 8700 Horsens

Employees per year

Number of employees at Watery ApS per year112018: 02018

Other companies at the same address

Similar companies in Horsens

Questions and answers about Watery ApS

Has Watery ApS gone bankrupt?

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

What is the bankruptcy risk of Watery 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 Watery ApS?

Jacob Fejerskov is the CEO of Watery ApS.

Who is the auditor of Watery ApS?

Watery ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Watery ApS founded?

Watery ApS was founded on 29 June 2018.

What is the equity of Watery ApS?

Equity was DKK 28.2m 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.