Pipe Works VVS & Kloak ApS

CVR 42206636 · Private limited company (ApS) · Active · Low risk

Pipe Works VVS & Kloak ApS is a Private limited company (ApS), founded on , based in København NV. The company is registered in the industry installation af vvs-, varme- og klimaanlæg. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 206k and a net result of DKK 231k. CEO: Zoran Jovanovic.

Bankruptcy risk for Pipe Works VVS & Kloak ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · 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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×

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
42206636
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Nordvest Autoteknik, Dortheavej 10
2400 København NV
Municipality
København
Industry
Installation af vvs-, varme- og klimaanlæg (432200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio45.7%
Current ratio183%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.0mDKK 678kDKK 907k
Net profitDKK 231kDKK 18kDKK 217k
EquityDKK 206kDKK 175kDKK 157k
Total assetsDKK 451kDKK 433kDKK 340k
CashDKK 279kDKK 295k–
Short-term debtDKK 245kDKK 258k–
Tax owedDKK 65kDKK 4,422–
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 2025103
1 Jan 2024 – 31 Dec 2024113
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022181
10 Mar 2021 – 31 Dec 2021186 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
CEOZoran JovanovicCurrent
Owner (100%)Jovanovic Holding ApSCurrent
FounderJovanovic Holding ApSCurrent

The CEOs' other companies

Zoran Jovanovic – 1 other companies

Address history (2 moves)

c/o Nordvest Autoteknik, Dortheavej 10, 2400 København NV
c/o Erhvervsstyrelsen, Dahlerups Pakhus, Langelinie Allé 17, 2100 København Ø
Sonnerupvej 62, 2700 Brønshøj

Other companies at the same address

Similar companies in København

Questions and answers about Pipe Works VVS & Kloak ApS

Has Pipe Works VVS & Kloak ApS gone bankrupt?

No, Pipe Works VVS & Kloak ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Pipe Works VVS & Kloak ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Pipe Works VVS & Kloak ApS?

Zoran Jovanovic is the CEO of Pipe Works VVS & Kloak ApS.

When was Pipe Works VVS & Kloak ApS founded?

Pipe Works VVS & Kloak ApS was founded on 10 March 2021.

What is the equity of Pipe Works VVS & Kloak ApS?

Equity was DKK 206k 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.