Watercreek Holding ApS

CVR 44326108 · Private limited company (ApS) · Active · Low risk

Watercreek Holding ApS is a Private limited company (ApS), founded on , based in Svendborg. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 10.4m and a net result of DKK 2.3m. CEO: Kim Ole Vandbæk.

Bankruptcy risk for Watercreek Holding ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
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
44326108
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Bergmannsvænget 4
5700 Svendborg
Municipality
Svendborg
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Auditor
RevisionsFirmaet Edelbo
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio98.3%
Current ratio1,768%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -37kDKK -60k
Net profitDKK 2.3mDKK 8.2m
EquityDKK 10.4mDKK 8.3m
Total assetsDKK 10.6mDKK 9.4m
CashDKK 317k–
Short-term debtDKK 178kDKK 1.1m
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RevisionsFirmaet Edelbo.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
26 Sep 2023 – 31 Dec 2024181

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
CEOKim Ole VandbækCurrent
Owner (100%)Kim Ole VandbækCurrent
FounderKim Ole VandbækCurrent

The CEOs' other companies

Kim Ole Vandbæk – 6 other companies

Address history (0 moves)

Bergmannsvænget 4, 5700 Svendborg

Other companies at the same address

Similar companies in Svendborg

Questions and answers about Watercreek Holding ApS

Has Watercreek Holding ApS gone bankrupt?

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

What is the bankruptcy risk of Watercreek Holding ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Watercreek Holding ApS?

Kim Ole Vandbæk is the CEO of Watercreek Holding ApS.

Who is the auditor of Watercreek Holding ApS?

Watercreek Holding ApS most recently used RevisionsFirmaet Edelbo.

When was Watercreek Holding ApS founded?

Watercreek Holding ApS was founded on 26 September 2023.

What is the equity of Watercreek Holding ApS?

Equity was DKK 10.4m 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.