POLAR ENTREPRISE A/S
CVR 11775837 · Public limited company (A/S) · Active · Low risk
POLAR ENTREPRISE A/S is a Public limited company (A/S), founded on , based in Sisimiut. The company is registered in the industry forberedende byggepladsarbejder. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 9 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 19.2m and a net result of DKK 2.2m. CEO: Lars Kristian Meldgaard Madsen.
Bankruptcy risk for POLAR ENTREPRISE A/S
0.0 × the average (1.41%) · higher risk than 33% of active Danish companies
Increases the risk
Reduces the risk
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
- 11775837
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (38 years)
- Address
- Ittukasiup Aqquserna 5
3911 Sisimiut - Municipality
- Qeqqata
- Industry
- Forberedende byggepladsarbejder (431200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 500k
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 9 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 83.1% |
| Current ratio | 459% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 19.8m | DKK 20.4m | DKK 15.5m |
| Net profit | DKK 2.2m | DKK 3.7m | DKK -469k |
| Equity | DKK 19.2m | DKK 17.0m | DKK 13.3m |
| Total assets | DKK 23.1m | DKK 23.0m | DKK 19.7m |
| Cash | DKK 3.0m | DKK 5.5m | – |
| Short-term debt | DKK 3.1m | DKK 5.4m | – |
| Tax owed | DKK 1.8m | DKK 1.2m | – |
| Avg. employees | 50 | 45 | – |
Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · Beierholm Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 225 | Late | |
| 1 Jan 2024 – 31 Dec 2024 | 225 | Late | |
| 1 Jan 2023 – 31 Dec 2023 | 227 | Late | |
| 1 Jan 2022 – 31 Dec 2022 | 229 | Late | |
| 1 Jan 2021 – 31 Dec 2021 | 228 | Late | |
| 1 Jan 2020 – 31 Dec 2020 | 315 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 338 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 225 | Late | |
| 1 Jan 2017 – 31 Dec 2017 | 222 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Lars Kristian Meldgaard Madsen | Current | |
| CEO | Birthe Hanne Brogaard Pedersen | ||
| Board | Lars Kristian Meldgaard Madsen | Current | |
| Board | Tommy Larsen | Current | |
| Board | Linda Frederikke Johanne Josefine Madsen | Current | |
| Board | Børge Davidsen | ||
| Board | Thorkild Wilhelm | ||
| Board | Peter Krogh | ||
| Board | Jørgen Meldgård Madsen | ||
| Board | Birthe Hanne Brogaard Pedersen | ||
| Board | Elias Gustav Julunguak Larsen | ||
| Board | Hans Siegstad Lennert | ||
| Board | Hans Frederik Olsen | ||
| Board | Karoline Ane Nikoline Karen Lennert | ||
| Board | Karen Margrethe Amalie Lennert | ||
| Owner (90%) | Lars Kristian Meldgaard Madsen | Current | |
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Auditor | Reg. revisor Poul Quist Andersen | ||
| Auditor | Revisionsfirmaet Reviteam Registrerede Revisorer | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | HORWATH REVISORERNE STATSAUTORISERET REVISIONSINTERESSENTSKAB | ||
| Auditor | CROWE STATSAUTORISERET REVISIONSINTERESSENTSKAB | ||
| Founder | Børge Davidsen | Current | |
| Founder | Thorkild Wilhelm | Current | |
| Founder | Birthe Hanne Brogaard Pedersen | Current |
The CEOs' other companies
Lars Kristian Meldgaard Madsen – 5 other companies
- Aalipi ApS Active
- IGLOO MOUNTAIN ApS Opløst
- L & J UDLEJNING ApS Active
- LKM INVEST ApS Active
- SISIMIUT AUTO SERVICE A/S Active
Birthe Hanne Brogaard Pedersen – 1 other companies
- SISIMIUT AUTO SERVICE A/S Active
Address history (0 moves)
| Ittukasiup Aqquserna 5, 3911 Sisimiut |
Former names
| POLAR ENTREPRISE A/S | – now |
| POLAR ENTERPRISE A/S | – |
Similar companies in Qeqqata
- GUSTAV HANSEN ApS Sisimiut
Questions and answers about POLAR ENTREPRISE A/S
Has POLAR ENTREPRISE A/S gone bankrupt?
No, POLAR ENTREPRISE A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of POLAR ENTREPRISE A/S?
Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of POLAR ENTREPRISE A/S?
Lars Kristian Meldgaard Madsen is the CEO of POLAR ENTREPRISE A/S.
Who is the auditor of POLAR ENTREPRISE A/S?
POLAR ENTREPRISE A/S most recently used Beierholm Godkendt Revisionspartnerselskab.
When was POLAR ENTREPRISE A/S founded?
POLAR ENTREPRISE A/S was founded on 6 November 1987.
What is the equity of POLAR ENTREPRISE A/S?
Equity was DKK 19.2m 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.