MDW Group ApS

CVR 40984461 · Private limited company (ApS) · Active · Low risk

MDW Group ApS is a Private limited company (ApS), founded on , based in Grindsted. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 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 32.5m and a net result of DKK 6.5m. CEO: Mattheus van de Water.

Bankruptcy risk for MDW Group ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
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×
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×

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
40984461
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Refshøjvej 7
7200 Grindsted
Municipality
Billund
Industry
Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.0m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio82.3%
Current ratio191%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -44kDKK -39kDKK -9,750
Net profitDKK 6.5mDKK 4.2mDKK 3.1m
EquityDKK 32.5mDKK 51.1mDKK 41.4m
Total assetsDKK 39.5mDKK 51.4mDKK 42.4m
CashDKK 526kDKK 181k–
Short-term debtDKK 7.0mDKK 246k–
Tax owedDKK 161kDKK 81k–
Avg. employees00–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025107
1 Jan 2024 – 31 Dec 202487
1 Jan 2023 – 31 Dec 2023116
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021151
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019259 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
CEOMattheus van de WaterCurrent
Owner (100%)Van de Water Holding ApSCurrent
Owner (100%)Mattheus van de Water
Owner (100%)MDW Group 2 ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
FounderMattheus van de WaterCurrent

The CEOs' other companies

Mattheus van de Water – 5 other companies

Address history (0 moves)

Refshøjvej 7, 7200 Grindsted

Other companies at the same address

Similar companies in Billund

Questions and answers about MDW Group ApS

Has MDW Group ApS gone bankrupt?

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

What is the bankruptcy risk of MDW Group ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of MDW Group ApS?

Mattheus van de Water is the CEO of MDW Group ApS.

Who is the auditor of MDW Group ApS?

MDW Group ApS most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was MDW Group ApS founded?

MDW Group ApS was founded on 3 December 2019.

What is the equity of MDW Group ApS?

Equity was DKK 32.5m 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.