Wellwater ApS

CVR 42231975 · Private limited company (ApS) · Active · Low risk

Wellwater ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 249k and a net result of DKK 95k. CEO: Anders Løgstrup Bay.

Bankruptcy risk for Wellwater ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
42231975
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Anders Bay, Skyggelien 3
8920 Randers NV
Municipality
Randers
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 40k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio92.7%
Current ratio309%
Moves (last 2 years)2
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -11kDKK -16kDKK 176k
Net profitDKK 95kDKK -40kDKK 178k
EquityDKK 249kDKK 155kDKK 195k
Total assetsDKK 269kDKK 165kDKK 247k
CashDKK 61kDKK 61k–
Short-term debtDKK 20kDKK 10k–
Tax owedDKK 9,719DKK 0–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 202283
17 Mar 2021 – 31 Dec 202195

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
CEOAnders Løgstrup BayCurrent
CEOPeter Harbo
Owner (20%)MIRAKA HOLDING ApSCurrent
Owner (20%)HARBO HOLDING RANDERS ApSCurrent
Owner (20%)RTC.dk ApSCurrent
Owner (20%)EJENDOMSSELSKABET BILICI ApSCurrent
Owner (20%)JJ-COMPANY ApS
FounderMIRAKA HOLDING ApSCurrent
FounderHARBO HOLDING RANDERS ApSCurrent
FounderRTC.dk ApSCurrent
FounderJJ-COMPANY ApSCurrent
FounderEJENDOMSSELSKABET BILICI ApSCurrent

The CEOs' other companies

Anders Løgstrup Bay – 12 other companies

Peter Harbo – 7 other companies, of which 1 bankrupt

Address history (2 moves)

c/o Anders Bay, Skyggelien 3, 8920 Randers NV
c/o Peter Harbo, Toldbodgade 18, 2. 7, 8930 Randers NØ
Rubindalen 13, 8930 Randers NØ

Other companies at the same address

Similar companies in Randers

Questions and answers about Wellwater ApS

Has Wellwater ApS gone bankrupt?

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

What is the bankruptcy risk of Wellwater ApS?

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

Who is the CEO of Wellwater ApS?

Anders Løgstrup Bay is the CEO of Wellwater ApS.

Who is the auditor of Wellwater ApS?

Wellwater ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Wellwater ApS founded?

Wellwater ApS was founded on 17 March 2021.

What is the equity of Wellwater ApS?

Equity was DKK 249k 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.