GWS - Grey Water Solution ApS

CVR 40502726 · Private limited company (ApS) · Active · Low risk

GWS - Grey Water Solution ApS is a Private limited company (ApS), founded on , based in Skødstrup. The company is registered in the industry anlæg af ledningsnet til væsker. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 7 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 581k and a net result of DKK 30k. CEO: Morten Fløe Vestergaard.

Bankruptcy risk for GWS - Grey Water Solution ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%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×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40502726
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Rosenvænget 2
8541 Skødstrup
Municipality
Aarhus
Industry
Anlæg af ledningsnet til væsker (422100)
Bankruptcies in the industry: Anlæg af ledningsnet til væsker
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio88.5%
Current ratio867%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 417kDKK 593kDKK 578k
Net profitDKK 30kDKK 118kDKK 140k
EquityDKK 581kDKK 551kDKK 433k
Total assetsDKK 656kDKK 688kDKK 563k
CashDKK 621kDKK 622k–
Short-term debtDKK 76kDKK 138k–
Tax owedDKK 0DKK 759–
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 2025106
1 Jan 2024 – 31 Dec 2024143
1 Jan 2023 – 31 Dec 202399
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020197 Late
7 May 2019 – 31 Dec 2019121

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
CEOMorten Fløe VestergaardCurrent
Owner (100%)Morten Fløe VestergaardCurrent
FounderMorten Fløe VestergaardCurrent

Address history (0 moves)

Rosenvænget 2, 8541 Skødstrup

Former names

GWS - Grey Water Solution ApS – now
GWS - Grey Water Solutions ApS –

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Questions and answers about GWS - Grey Water Solution ApS

Has GWS - Grey Water Solution ApS gone bankrupt?

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

What is the bankruptcy risk of GWS - Grey Water Solution ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of GWS - Grey Water Solution ApS?

Morten Fløe Vestergaard is the CEO of GWS - Grey Water Solution ApS.

When was GWS - Grey Water Solution ApS founded?

GWS - Grey Water Solution ApS was founded on 7 May 2019.

What is the equity of GWS - Grey Water Solution ApS?

Equity was DKK 581k 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.