Waves 2 Power ApS

CVR 42534358 · Private limited company (ApS) · Active · Low risk

Waves 2 Power ApS is a Private limited company (ApS), founded on , based in Hanstholm. The company is registered in the industry anden teknisk rådgivning. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 4 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -709k and a net result of DKK -82k. CEO: Christian Nereus Grant.

Bankruptcy risk for Waves 2 Power ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
42534358
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o Christian Nereus Grant, Bybakken 36, st.
7730 Hanstholm
Municipality
Thisted
Industry
Anden teknisk rådgivning (711290)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 4
Missing annual reportNo
Negative equityYes
Equity ratio-2,660.6%
Current ratio81%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -2,681DKK -2,402
Net profitDKK -82kDKK -179k
EquityDKK -709kDKK -665k
Total assetsDKK 27kDKK 31k
CashDKK 6,493–
Short-term debtDKK 21k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023178
9 Jul 2021 – 31 Dec 2022167

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
CEOChristian Nereus GrantCurrent
Owner (50%)R. STAAL HOLDING ApSCurrent
Owner (50%)Grant-Innovate ApSCurrent
Owner (50%)OCTOMAR APS
FounderR. STAAL HOLDING ApSCurrent
FounderOCTOMAR APSCurrent

The CEOs' other companies

Christian Nereus Grant – 2 other companies

Address history (0 moves)

c/o Christian Nereus Grant, Bybakken 36, st., 7730 Hanstholm

Other companies at the same address

Similar companies in Thisted

Questions and answers about Waves 2 Power ApS

Has Waves 2 Power ApS gone bankrupt?

No, Waves 2 Power ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Waves 2 Power ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Waves 2 Power ApS?

Christian Nereus Grant is the CEO of Waves 2 Power ApS.

When was Waves 2 Power ApS founded?

Waves 2 Power ApS was founded on 9 July 2021.

What is the equity of Waves 2 Power ApS?

Equity was DKK -709k 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.