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Bawat A/S

Public limited companyCVR 34053499HørsholmActive

Bawat A/S is a public limited company, based in Hørsholm, active in sewerage, founded in 2011. The company made a loss in both 2024 and 2025, most recently DKK 11.6m. Equity fell to DKK 4.3m in 2025. 7 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 7.3m+522% vs. 2024
Net profit−DKK 11.6m+49.6% vs. 2024
EquityDKK 4.3m−34.8% vs. 2024
Employees10latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 522% (2024 → 2025), to DKK 7.3m.
  • The loss got smaller: from DKK 23.1m to DKK 11.6m (2024 → 2025).
  • Equity fell 35% (2024 → 2025), to DKK 4.3m.

Employees

  • 2 fewer employees than a year earlier: 10 (08/2026) against 12 (08/2025).

Management and owners, last 24 months

  • New in management: Mads Váczy Kragh (board member, 11/07/2025).
  • Stepped down: Charlotte Vad (deputy chair, 11/07/2025).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 25m−DKK 20m−DKK 15m−DKK 10m−DKK 5mDKK 0DKK 5mDKK 10m202020212022202320242025
EquityNet profit
Financial figures for Bawat A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−761−3761814,3281,1727,286+522%
Operating profit (EBIT)–−20,366−20,548−16,537−18,694−9,773+47.7%
Profit before tax−20,356−23,337−21,149−20,270−23,053−11,629+49.6%
Net profit−15,549−23,089−21,149−20,270−23,053−11,629+49.6%
Total assets71,27955,20948,72751,91155,14146,284−16.1%
Equity9,591−7,576−3,7122,4536,6444,331−34.8%
Liabilities61,68962,78552,43949,45948,49641,953−13.5%
Cash and cash equivalents5,5783,4424,2408767,852371−95.3%
Average number of employees1315151313130%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (110 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 35% from 2024 to 2025 (DKK 6.6m to DKK 4.3m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 9% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Bawat A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202414/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202307/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/06/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

110 companies in the database

Comparison with the other companies in sewerage based on the latest financial year.

Gross profitDKK 7.3mNo. 47 of 110
Better than 58% of the companies in the industry
EquityDKK 4.3mNo. 43 of 110
Better than 61% of the companies in the industry
Number of employees10No. 35 of 110
Better than 69% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 348k, equity DKK 2.9m, 7 employees.

DKK 100kDKK 639kDKK 4.1mDKK 26.1mDKK 89.8mHere
Distribution of gross profit for 107 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 8,085of 69,742
Better than 88%
No. 15,531of 69,964
Better than 78%
Same industry and fewer than 20 employees87 companies in the comparison
No. 25of 87
Better than 72%
No. 21of 87
Better than 77%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6,056of 33,588
Better than 82%
No. 6,722of 33,687
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 10,397of 17,786
Better than 42%
No. 12,053of 18,024
Better than 33%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Sewerage
Gross profit
  1. Bawat A/SDKK 7.3m
  2. Norva24 Danmark A/SDKK 166.6m
  3. Energi Viborg Vand A/SDKK 166.3m
Net profit
  1. Bawat A/S−DKK 11.6m
  2. Norva24 Danmark A/S−DKK 2m
  3. Energi Viborg Vand A/SDKK 65.2m
Equity
  1. Bawat A/SDKK 4.3m
  2. Norva24 Danmark A/SDKK 69.4m
  3. Energi Viborg Vand A/SDKK 3bn
Employees
  1. Bawat A/S10
  2. Norva24 Danmark A/S174
  3. Energi Viborg Vand A/S49

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Bawat Water Technologies AB100%
Bawat A/S

Management

6 active registrations

Executive management

Executive management at Bawat A/S
NameRoleAppointed
Marcus Peter HummerDirector10/10/2019

Board of directors

Board of directors at Bawat A/S
NameRoleAppointed
Klaus NyborgChair of the board16/11/2012
Lars Haagen HansenBoard member09/06/2023
Steffen Ulrik JacobsenBoard member09/06/2023
Laust Johan JohnsenBoard member22/10/2024
Mads Váczy KraghBoard member11/07/2025
Founders
Oreco Venture ApS, Homarus Holding A/S
Former management (13)
Former management at Bawat A/S
NameRoleAppointedResigned
Jan Stumpe HummerBoard member14/11/201122/05/2015
Jan Stumpe HummerCEO14/11/201101/02/2013
Steen HalbyeBoard member14/11/201111/06/2013
Stig Bøgh KarlsenBoard member16/11/201219/11/2013
Kim DiederichsenCEO01/02/201310/10/2019
Steen Linderstrøm-LangBoard member19/11/201312/02/2016
Marcus Peter HummerBoard member22/05/201521/03/2018
Carsten Philip MelchiorsBoard member12/02/201619/12/2018
Jacob Bro EriksenBoard member22/06/201610/10/2019
Marcus Peter HummerDeputy chair22/03/201810/10/2019
Charlotte VadDeputy chair10/10/201911/07/2025
Thomas Synnestvedt KnudsenBoard member10/10/201909/06/2023
Peter Valdemar StokbroBoard member10/10/201909/06/2023

Signing rule: Selskabet tegnes af tre bestyrelsesmedlemmer eller af selskabets administrerende direktør og bestyrelsesformanden i forening.

Address and production units

1 active production units

Agern Alle 5A
2970 Hørsholm

Rudersdal Municipality · Postcode 2970

Production units
Production unitAddressEmployeesP number
BAWAT A/SAgern Alle 5A, 1, 2970 Hørsholm101017267392

Purpose

Selskabets formål er udvikling, produktion, markedsføring og salg af et system til behandling af ballastvand og relateret virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

92 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Mads Váczy Kragh appointed board member
  • Charlotte Vad stepped down as deputy chair
20242 changesmanagement 1 · accounts 1
  • Laust Johan Johnsen appointed board member
  • Annual report for 2023 published
20235 changesaccounts 1 · management 4
  • Annual report for 2022 published
  • Lars Haagen Hansen appointed board member
  • Steffen Ulrik Jacobsen appointed board member
  • Thomas Synnestvedt Knudsen stepped down as board member
  • Peter Valdemar Stokbro stepped down as board member
20228 changesaccounts 1 · ownership 7
  • Annual report for 2021 published
  • Bawat Water Technologies AB registered as owner (100%)
  • Klaus Nyborg is no longer registered as owner
  • AASN Holding A/S is no longer registered as owner
  • Return ApS is no longer registered as owner
  • SELFINVEST ApS is no longer registered as owner
  • HOMARUS HOLDING A/S is no longer registered as owner
  • AkademikerPension - Akademikernes Pensionskasse is no longer registered as owner
20216 changesaddress 1 · accounts 1 · capital 1 · ownership 3
  • Moved to Agern Alle 5A, 1, 2970 Hørsholm
  • Annual report for 2020 published
  • Share capital changed from 9,088,952 DKK to 10,273,071 DKK
  • Klaus Nyborg registered as owner (15%)
  • AASN Holding A/S registered as owner (5%)
  • Climate Delta K/S is no longer registered as owner
201918 changescapital 2 · ownership 8 · management 7 · address 1
  • Share capital changed from 8,922,285 DKK to 9,088,952 DKK
  • DEN DANSKE MARITIME FOND is no longer registered as owner
  • Thomas Synnestvedt Knudsen appointed board member
  • Marcus Peter Hummer appointed director
  • Peter Valdemar Stokbro appointed board member
  • Charlotte Vad appointed deputy chair
  • Marcus Peter Hummer stepped down as deputy chair
  • Jacob Bro Eriksen stepped down as board member
  • Kim Diederichsen stepped down as ceo
  • Share capital changed from 5,588,951 DKK to 8,922,285 DKK
  • Return ApS registered as owner (10%)
  • SELFINVEST ApS registered as owner (20%)
  • HOMARUS HOLDING A/S registered as owner (20%)
  • Climate Delta K/S registered as owner (15%)
  • Return ApS is no longer registered as owner
  • Climate Delta K/S is no longer registered as owner
  • HOMARUS HOLDING A/S is no longer registered as owner
  • Moved to Agern Alle 24, 2970 Hørsholm
20184 changesmanagement 3 · capital 1
  • Carsten Philip Melchiors stepped down as board member
  • Share capital changed from 4,258,243 DKK to 5,588,951 DKK
  • Marcus Peter Hummer appointed deputy chair
  • Marcus Peter Hummer stepped down as board member
201619 changescapital 2 · management 3 · ownership 13 · address 1
  • Share capital changed from 2,721,392 DKK to 4,258,243 DKK
  • Jacob Bro Eriksen appointed board member
  • Return ApS registered as owner (20%)
  • AkademikerPension - Akademikernes Pensionskasse registered as owner (15%)
  • DEN DANSKE MARITIME FOND registered as owner (5%)
  • Climate Delta K/S registered as owner (25%)
  • DEN DANSKE MARITIME FOND is no longer registered as owner
  • Return ApS is no longer registered as owner
  • Moved to Dr Neergaards Vej 3, 2970 Hørsholm
  • Share capital changed from 1,353,815 DKK to 2,721,392 DKK
  • DEN DANSKE MARITIME FOND registered as owner (25%)
  • DEN DANSKE MARITIME FOND is no longer registered as owner
  • Carsten Philip Melchiors appointed board member
  • Steen Linderstrøm-Lang stepped down as board member
  • Return ApS registered as owner (25%)
  • DEN DANSKE MARITIME FOND registered as owner (20%)
  • HOMARUS HOLDING A/S registered as owner (33.33%)
  • ORECO VENTURE ApS is no longer registered as owner
  • HOMARUS HOLDING A/S is no longer registered as owner
20152 changesmanagement 2
  • Marcus Peter Hummer appointed board member
  • Jan Stumpe Hummer stepped down as board member
20147 changesownership 2 · capital 4 · address 1
  • ORECO VENTURE ApS registered as owner (66.67%)
  • Share capital changed from 1,203,815 DKK to 1,353,815 DKK
  • Share capital changed from 1,164,539 DKK to 1,203,815 DKK
  • HOMARUS HOLDING A/S registered as owner (15%)
  • Share capital changed from 1,014,539 DKK to 1,164,539 DKK
  • Share capital changed from 864,539 DKK to 1,014,539 DKK
  • Moved to Lejrvej 25, 3500 Værløse
20139 changesmanagement 5 · capital 2 · address 1 · industry 1
  • Steen Linderstrøm-Lang appointed board member
  • Stig Bøgh Karlsen stepped down as board member
  • Share capital changed from 691,872 DKK to 864,539 DKK
  • Share capital changed from 544,789 DKK to 691,872 DKK
  • Steen Halbye stepped down as board member
  • Moved to Diplomvej 381, 2800 Kgs. Lyngby
  • Industry changed to Sewerage (370000)
  • Kim Diederichsen appointed ceo
  • Jan Stumpe Hummer stepped down as ceo
20124 changescapital 1 · management 2 · address 1
  • Share capital changed from 500,000 DKK to 544,789 DKK
  • Stig Bøgh Karlsen appointed board member
  • Klaus Nyborg appointed chair of the board
  • Moved to Christiansholms Tværvej 5, 2930 Klampenborg
20114 changesfounded 1 · management 3
  • Registered as BAWAT A/S
  • Jan Stumpe Hummer appointed ceo
  • Steen Halbye appointed board member
  • Jan Stumpe Hummer appointed board member

Related companies

Same industry in Rudersdal

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction