Elemental Water ApS

CVR 45607887 · Private limited company (ApS) · Active · Very high risk

Elemental Water ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 9.4% over the next 12 months, which is 6.7 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 46k and a net result of DKK -4,455. CEO: Gunnar Wissing.

Bankruptcy risk for Elemental Water ApS

9.4%
probability of bankruptcy within 12 months
Very high risk

6.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Published annual reports1 · bankruptcy rate 18.7%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×

Reduces the risk

Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies4–10 · bankruptcy rate 7.6%0.87×

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
45607887
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
c/o Legal Desc, Njalsgade 21F, 2.
2300 København S
Municipality
København
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityNo
Equity ratio37.8%
Current ratio72%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies2
Other companies at the address951
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 7,631
Net profitDKK -4,455
EquityDKK 46k
Total assetsDKK 121k
CashDKK 13k
Short-term debtDKK 75k

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

Filed annual reports

Reporting periodPublishedDays after period end
12 May 2025 – 31 Dec 2025123

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
CEOGunnar WissingCurrent
CEONiels-Arne Baden
Owner (33%)Gunnar WissingCurrent
Owner (50%)Forresthill Road ApSCurrent
Owner (100%)Gunnar Wissing
FounderGunnar WissingCurrent

The CEOs' other companies

Gunnar Wissing – 2 other companies

Niels-Arne Baden – 9 other companies, of which 2 bankrupt

Address history (1 moves)

c/o Legal Desc, Njalsgade 21F, 2., 2300 København S
Byvangen 34, 8700 Horsens

Former names

Elemental Water ApS – now
PreciousWater ApS –

Other companies at the same address

Similar companies in København

Questions and answers about Elemental Water ApS

Has Elemental Water ApS gone bankrupt?

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

What is the bankruptcy risk of Elemental Water ApS?

Our model estimates a bankruptcy risk of 9.4% over the next 12 months (very high risk), which is 6.7 times the average for Danish companies.

Who is the CEO of Elemental Water ApS?

Gunnar Wissing is the CEO of Elemental Water ApS.

When was Elemental Water ApS founded?

Elemental Water ApS was founded on 12 May 2025.

What is the equity of Elemental Water ApS?

Equity was DKK 46k 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.