Watts A/S

CVR 41501480 · Public limited company (A/S) · Active · High risk

Watts A/S is a Public limited company (A/S), founded on , based in Køge. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 34.2m and a net result of DKK -40.6m.

Bankruptcy risk for Watts A/S

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · 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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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
41501480
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
Brogade 19E
4600 Køge
Municipality
Køge
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 1.0m
Auditor
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio28.4%
Current ratio140%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address18
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -51.1mDKK -45.2mDKK -37.5m
Net profitDKK -40.6mDKK -35.3mDKK -30.3m
EquityDKK 34.2mDKK 14.8mDKK 50.1m
Total assetsDKK 120.5mDKK 37.0mDKK 51.1m
Short-term debtDKK 86.3mDKK 22.2m–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopersStatsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025176
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023158
1 Jan 2022 – 31 Dec 2022164
7 Jul 2020 – 31 Dec 2021160

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
CEOPer Madsen
BoardJesper HjulmandCurrent
BoardRikke Harbo TrikkerCurrent
BoardJesper LangeCurrent
BoardCharlotte Døssing Pommer
BoardOle Hillebrandt Jensen
BoardOle Christian Vestergaard
BoardJesper Lange
BoardLotte Tange
BoardCasper Kirketerp-Møller
BoardLotte Tange
Owner (100%)Andel Holding A/SCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderAndel Holding A/SCurrent

Address history (1 moves)

Brogade 19E, 4600 Køge
Hovedgaden 36, 4520 Svinninge

Other companies at the same address

Similar companies in Køge

Questions and answers about Watts A/S

Has Watts A/S gone bankrupt?

No, Watts A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Watts A/S?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the auditor of Watts A/S?

Watts A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Watts A/S founded?

Watts A/S was founded on 7 July 2020.

What is the equity of Watts A/S?

Equity was DKK 34.2m 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.