Danish Water Innovation ApS

CVR 43211226 · Private limited company (ApS) · Active · Very high risk

Danish Water Innovation ApS is a Private limited company (ApS), founded on , based in Græsted. The company is registered in the industry andre it- og computerserviceaktiviteter. Our model estimates a bankruptcy risk of 11.5% over the next 12 months, which is 8.2 times the average for Danish companies. 4 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 782k and a net result of DKK 449k. CEO: Morten Pedersen.

Bankruptcy risk for Danish Water Innovation ApS

11.5%
probability of bankruptcy within 12 months
Very high risk

8.2 × the average (1.41%) · higher risk than 97% 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 year1 · bankruptcy rate 21.1%2.4×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Website registeredYes · bankruptcy rate 12.0%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Negative equityNo · bankruptcy rate 5.1%0.58×
Capital changes2 · 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
43211226
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Dønnevældevej 32
3230 Græsted
Municipality
Gribskov
Industry
Andre IT- og computerserviceaktiviteter (629000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 60k
Auditor
PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio32.1%
Current ratio145%
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 1.3mDKK 116kDKK -31k
Net profitDKK 449kDKK 88kDKK -27k
EquityDKK 782kDKK -67kDKK -156k
Total assetsDKK 2.4mDKK 83kDKK 60k
CashDKK 186kDKK 53k–
Short-term debtDKK 1.7mDKK 150k–
Avg. employees3––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · PKF Munkebo Eriksen Funch, Statsautoriseret Revisions­aktie­selskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202563
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023183
11 Apr 2022 – 31 Dec 2022195 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
CEOMorten PedersenCurrent
CEOAndré Frederik Fog Sørensen
BoardNickey JørgensenCurrent
BoardGhazal PakzadCurrent
BoardMorten PedersenCurrent
BoardBjarke Herløv SalomonsenCurrent
Owner (100%)DWI Group ApSCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret RevisionsaktieselskabCurrent
FounderDWI Group ApSCurrent

The CEOs' other companies

Morten Pedersen – 3 other companies

André Frederik Fog Sørensen – 5 other companies, of which 1 bankrupt

Address history (3 moves)

Dønnevældevej 32, 3230 Græsted
Heggelunds Alle 6, 2600 Glostrup
Rebekkavej 1, st. tv, 2900 Hellerup
Strandvejen 100, 2900 Hellerup

Former names

Danish Water Innovation ApS – now
Tagger Nordic Solutions ApS –
Tagger Denmark ApS –

Other companies at the same address

Similar companies in Gribskov

Questions and answers about Danish Water Innovation ApS

Has Danish Water Innovation ApS gone bankrupt?

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

What is the bankruptcy risk of Danish Water Innovation ApS?

Our model estimates a bankruptcy risk of 11.5% over the next 12 months (very high risk), which is 8.2 times the average for Danish companies.

Who is the CEO of Danish Water Innovation ApS?

Morten Pedersen is the CEO of Danish Water Innovation ApS.

Who is the auditor of Danish Water Innovation ApS?

Danish Water Innovation ApS most recently used PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab.

When was Danish Water Innovation ApS founded?

Danish Water Innovation ApS was founded on 11 April 2022.

What is the equity of Danish Water Innovation ApS?

Equity was DKK 782k 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.