Waterland Private Equity ApS

Private limited companyCVR 38812998København SActive

Waterland Private Equity ApS is a private limited company, based in København S, active in business and other management consultancy activities, founded in 2017. Net profit rose 13% from 2024 to 2025, ending at DKK 2.9m. Profit has grown three years in a row. With 18 employees, the company is about 9 times larger than the industry median.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 33.7m+28.5% vs. 2024

Net profitDKK 2.9m+13.2% vs. 2024

EquityDKK 14.5m+25% vs. 2024

Employees18latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 28% (2024 → 2025), to DKK 33.7m.
Net profit rose 13% (2024 → 2025), to DKK 2.9m.
Equity rose 25% (2024 → 2025), to DKK 14.5m.

Registrations, last 24 months

01/01/2025: Industry changed to Business and other management consultancy activities (702000)

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

EquityNet profit

Financial figures for Waterland Private Equity ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	17,278	18,339	22,549	29,957	26,263	33,747	+28.5%
Operating profit (EBIT)	–	2,078	3,094	3,290	3,322	3,721	+12%
Profit before tax	1,898	2,037	3,069	3,288	3,312	3,747	+13.1%
Net profit	1,470	1,576	2,379	2,554	2,563	2,902	+13.2%
Total assets	7,258	7,262	9,818	14,709	14,649	17,124	+16.9%
Equity	2,539	4,115	6,494	9,048	11,611	14,513	+25%
Liabilities	4,626	3,091	3,322	5,661	3,038	2,610	−14.1%
Cash and cash equivalents	2,688	898	4,219	5,376	2,718	4,259	+56.7%
Average number of employees	10	10	10	12	12	18	+50%

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

Compare with the industry (2,370 companies)

Gross profitMedian, the industry (2,370 companies)

Signals from the financial statements

calculated from the 2025 figures

Profit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.

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 Waterland Private Equity ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	01/07/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	27/06/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	11/04/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	14/07/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	28/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	31/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

2,370 companies in the database

Comparison with the other companies in business and other management consultancy activities based on the latest financial year.

Gross profitDKK 33.7mNo. 111 of 2,358

Better than 95% of the companies in the industry

EquityDKK 14.5mNo. 347 of 2,369

Better than 85% of the companies in the industry

Number of employees18No. 167 of 2,370

Better than 93% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.

Distribution of gross profit for 2,031 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 757of 69,742 Better than 99%	No. 7,145of 69,964 Better than 90%
Same industry and fewer than 20 employees2,220 companies in the comparison	No. 53of 2,210 Better than 98%	No. 304of 2,219 Better than 86%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 1,110of 33,588 Better than 97%	No. 2,901of 33,687 Better than 91%
All companies of type ApS66,508 companies in the comparison	No. 1,227of 66,379 Better than 98%	No. 5,282of 66,505 Better than 92%

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

Business and other management consultancy activities

Gross profit

Waterland Private Equity ApSDKK 33.7m
COWI Holding A/SDKK 7bn
Accenture A/SDKK 1.1bn

Net profit

Waterland Private Equity ApSDKK 2.9m
COWI Holding A/SDKK 374m
Accenture A/SDKK 116.1m

Equity

Waterland Private Equity ApSDKK 14.5m
COWI Holding A/SDKK 2bn
Accenture A/SDKK 642m

Employees

Waterland Private Equity ApS18
COWI Holding A/S12
Accenture A/S977

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

Waterland Management Holding IV B.V.100%

Waterland Private Equity ApS

Management

2 active registrations

Executive management

Executive management at Waterland Private Equity ApS
Name	Role	Appointed
Bart Elema	Director	01/05/2023
Nicklas Skou Guldberg	Director	20/07/2023

Auditor: Beierholm Godkendt Revisionspartnerselskab
Founders: Jakob Mosegaard Larsen

Former management (3)

Former management at Waterland Private Equity ApS
Name	Role	Appointed	Resigned
Peter Toyberg	Director	19/07/2017	01/10/2017
Kaspar Ronald Kristiansen	Director	01/10/2017	31/08/2023
Carsten Rahlfs	Director	01/10/2017	25/04/2019

Signing rule: Selskabet tegnes af én direktør eller af den samlede direktion.

Address and production units

1 active production units

Kay Fiskers Plads 11
2300 København S

København Municipality · Postcode 2300

Production units
Production unit	Address	Industry	Employees	P number
Waterland Private Equity ApS	Kay Fiskers Plads 11, 19, 2300 København S	Business and other management consultancy activities	16	1022694932

Purpose

Selskabets formål er at levere rådgivningsydelser til koncernforbundne selskaber, som ikke kræver registrering hos eller tilladelse fra Finanstilsynet.

The purpose is quoted from the register in Danish.

Changes year by year

24 registered events

62017

12018

32019

22020

22021

12022

42023

22024

22025

12026

20261 changeaccounts 1

01/07AccountsAnnual report for 2025 published

20252 changesaccounts 1 · industry 1

27/06AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Business and other management consultancy activities (702000)

20242 changesaddress 1 · accounts 1

12/04AddressMoved to Kay Fiskers Plads 11, 19, 2300 København S
11/04AccountsAnnual report for 2023 published

20234 changesmanagement 3 · accounts 1

31/08ManagementKaspar Ronald Kristiansen stepped down as director
20/07ManagementNicklas Skou Guldberg appointed director
14/07AccountsAnnual report for 2022 published
01/05ManagementBart Elema appointed director

20221 changeaccounts 1

28/06AccountsAnnual report for 2021 published

20212 changesaddress 1 · accounts 1

17/12AddressMoved to Kay Fiskers Plads 9, 2300 København S
31/05AccountsAnnual report for 2020 published

20202 changesaddress 2

01/07AddressMoved to Kay Fiskers Plads 9, 2300 København S
25/06AddressMoved to Kay Fiskers Plads 9, 2300 København S

20193 changesownership 2 · management 1

31/12OwnershipWaterland Management Holding IV B.V. registered as owner (100%)
31/12OwnershipWaterland Management Holding III B.V. is no longer registered as owner
25/04ManagementCarsten Rahlfs stepped down as director

20181 changeaddress 1

17/12AddressMoved to Kay Fiskers Plads 9, 2300 København S

20176 changesmanagement 4 · founded 1 · ownership 1

01/10ManagementKaspar Ronald Kristiansen appointed director
01/10ManagementCarsten Rahlfs appointed director
01/10ManagementPeter Toyberg stepped down as director
19/07FoundedRegistered as Waterland Private Equity ApS
19/07ManagementPeter Toyberg appointed director
19/07OwnershipWaterland Management Holding III B.V. registered as owner (100%)

Related companies

Same industry in København

Accenture A/S977 employees
Gts Nordic ApS582 employees
Copenhagen Infrastructure Partners P/S353 employees
Rambøll Management Consulting A/S352 employees
Remote Technology ApS326 employees
BioCirc Group ApS235 employees

See all →

Same people in management

Norisol A/Svia Nicklas Skou Guldberg
Envidan A/Svia Kaspar Ronald Kristiansen
Mazanti-andersen Advokatpartnerselskabvia Jakob Mosegaard Larsen
GoGift.com A/Svia Nicklas Skou Guldberg
Modstrøm Danmark ApSvia Kaspar Ronald Kristiansen
Framna Denmark ApSvia Kaspar Ronald Kristiansen

Largest in the industry

COWI Holding A/SDKK 7bn
Accenture A/SDKK 1.1bn
Gts Nordic ApSDKK 968.5m
CODAN Companies ApSDKK 877.7m
Ferrosan Medical Devices Group A/SDKK 799.1m
Stibo Complete Group A/SDKK 613.9m

See all →

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 CVR Report a correction