WaterSights ApS

CVR 40330119 · Private limited company (ApS) · Active · Low risk

WaterSights ApS is a Private limited company (ApS), founded on , based in Vedbæk. The company is registered in the industry udskænkning af alkoholiske drikkevarer. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 times the average for Danish companies. 7 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 172k and a net result of DKK -70k. CEO: Oddvør við Garð, Kristjan Jørgensen.

Bankruptcy risk for WaterSights ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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×

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
40330119
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Flintemarken 41, st. th
2950 Vedbæk
Municipality
Rudersdal
Industry
Udskænkning af alkoholiske drikkevarer (563020)
Bankruptcies in the industry: Restauranter
Share capital
DKK 137k
Auditor
Vedbæk Revision, Registreret Revisionsfirma FSR
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 7
Missing annual reportNo
Negative equityNo
Equity ratio39.4%
Current ratio50%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 740kDKK 1.0mDKK 554k
Net profitDKK -70kDKK 261kDKK 106k
EquityDKK 172kDKK 377kDKK 234k
Total assetsDKK 436kDKK 663kDKK 692k
CashDKK 25kDKK 169k–
Short-term debtDKK 255kDKK 259k–
Tax owedDKK 0DKK 72k–
Avg. employees32–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Vedbæk Revision, Registreret Revisionsfirma FSR.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023190 Late
1 Jan 2022 – 31 Dec 2022193 Late
1 Jan 2021 – 31 Dec 2021136
1 Jan 2020 – 31 Dec 2020195 Late
8 Mar 2019 – 31 Dec 2019204 Late

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
CEOOddvør við GarðCurrent
CEOKristjan JørgensenCurrent
Owner (50%)Atlantic Apps Holding ApSCurrent
Owner (50%)Kiddi Holding ApSCurrent
FounderAtlantic Apps Holding ApSCurrent

The CEOs' other companies

Oddvør við Garð – 2 other companies, of which 2 bankrupt

Kristjan Jørgensen – 1 other companies

Address history (4 moves)

Flintemarken 41, st. th, 2950 Vedbæk
Flintemarken 37, st. tv, 2950 Vedbæk
Flintemarken 89, 2. tv, 2950 Vedbæk
Vedbæk Stationsvej 1A, st., 2950 Vedbæk
Skindergade 15, 1159 København K

Former names

WaterSights ApS – now
WaterSights IVS –
TeamOptimist IVS –

Other companies at the same address

Similar companies in Rudersdal

Questions and answers about WaterSights ApS

Has WaterSights ApS gone bankrupt?

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

What is the bankruptcy risk of WaterSights ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of WaterSights ApS?

Oddvør við Garð, Kristjan Jørgensen are the CEOs of WaterSights ApS.

Who is the auditor of WaterSights ApS?

WaterSights ApS most recently used Vedbæk Revision, Registreret Revisionsfirma FSR.

When was WaterSights ApS founded?

WaterSights ApS was founded on 8 March 2019.

What is the equity of WaterSights ApS?

Equity was DKK 172k 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.