Vestjysk Vandteknik ApS

CVR 40195750 · Private limited company (ApS) · Active · Low risk

Vestjysk Vandteknik ApS is a Private limited company (ApS), founded on , based in Esbjerg V. The company is registered in the industry installation af isolering. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK 2.0m and a net result of DKK 1.1m. CEO: Rasmus Boye Borg.

Bankruptcy risk for Vestjysk Vandteknik ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×

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
40195750
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Rasmus Boye Borg, Håndværkervej 38
6710 Esbjerg V
Municipality
Esbjerg
Industry
Installation af isolering (432300)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Auditor
PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio59.8%
Current ratio319%
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 2.2mDKK 1.7mDKK 919k
Net profitDKK 1.1mDKK 787kDKK 94k
EquityDKK 2.0mDKK 1.3mDKK 660k
Total assetsDKK 3.3mDKK 2.3mDKK 1.2m
CashDKK 246kDKK 0–
Short-term debtDKK 1.0mDKK 943k–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 202584
1 Oct 2023 – 30 Sep 202495
1 Oct 2022 – 30 Sep 2023100
1 Oct 2021 – 30 Sep 202280
1 Oct 2020 – 30 Sep 202175
1 Oct 2019 – 30 Sep 202037
22 Jan 2019 – 30 Sep 201950

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
CEORasmus Boye BorgCurrent
Owner (100%)Vestjysk Vandteknik Holding ApSCurrent
Owner (100%)Rasmus Boye Borg
FounderRasmus Boye BorgCurrent

The CEOs' other companies

Rasmus Boye Borg – 2 other companies

Address history (1 moves)

c/o Rasmus Boye Borg, Håndværkervej 38, 6710 Esbjerg V
c/o Rasmus Boye Borg, Åmosevænget 52, 6710 Esbjerg V

Former names

Vestjysk Vandteknik ApS – now
Vestjysk Vandteknik IVS –

Similar companies in Esbjerg

Questions and answers about Vestjysk Vandteknik ApS

Has Vestjysk Vandteknik ApS gone bankrupt?

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

What is the bankruptcy risk of Vestjysk Vandteknik ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Vestjysk Vandteknik ApS?

Rasmus Boye Borg is the CEO of Vestjysk Vandteknik ApS.

Who is the auditor of Vestjysk Vandteknik ApS?

Vestjysk Vandteknik ApS most recently used PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

When was Vestjysk Vandteknik ApS founded?

Vestjysk Vandteknik ApS was founded on 22 January 2019.

What is the equity of Vestjysk Vandteknik ApS?

Equity was DKK 2.0m according to the annual report for the period ending 30 September 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.