Albatros Arctic Circle ApS

CVR 12471122 · Private limited company (ApS) · Active · Low risk

Albatros Arctic Circle ApS is a Private limited company (ApS), founded on , based in Ilulissat. The company is registered in the industry formidlingsaktiviteter inden for forretningsservice i.a.n.. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 37.7m and a net result of DKK 3.4m. CEO: Jørgen Henning Larsen.

Bankruptcy risk for Albatros Arctic Circle ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×

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
12471122
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Edv.sivertsenip Aqq 18
3952 Ilulissat
Municipality
Avannaata
Industry
Formidlingsaktiviteter inden for forretningsservice i.a.n. (824000)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 349k
Auditor
Grønlands Revision Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio30.3%
Current ratio46%
Moves (last 2 years)0
CEO changes in total13
CEO's previous bankruptcies2
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 96.9mDKK 132.6m
Gross profitDKK 57.4mDKK 74.7m
Net profitDKK 3.4mDKK 11.2m
EquityDKK 37.7mDKK 34.4m
Total assetsDKK 124.7mDKK 131.9m
CashDKK 4.5m–
Short-term debtDKK 33.4m–
Tax owedDKK 1.4m–
Avg. employees107–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202597
1 Jan 2024 – 31 Dec 202494
1 Jan 2023 – 31 Dec 2023110
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021119
1 Jan 2020 – 31 Dec 2020211 Late
1 Jan 2019 – 31 Dec 2019197 Late
1 Jan 2018 – 31 Dec 2018148
1 Jan 2017 – 31 Dec 201794

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
CEOJørgen Henning LarsenCurrent
CEOErling Munkholm
CEOTuuta Rosa Knudsen
CEOEdvard Adolf Rosbach
CEOTroels Gildbjerg Kristensen
CEOKathrine Havskov Jakobsen
CEONiels Skaarup Vognsen
CEOPeter Laigaard Jensen
BoardMartin Berg HansenCurrent
BoardRasmus WillumsgaardCurrent
BoardSøren RasmussenCurrent
BoardSøren Rasmussen
BoardJørgen Glistrup
BoardJørgen Glistrup
Owner (100%)Albatros Holding ApSCurrent
AuditorGrønlands Revision Godkendt RevisionspartnerselskabCurrent
AuditorAnpartsselskabet af 1/9 2005
AuditorA-INVEST KONTOR- OG BOGFØRINGSASSISTANCE ApS
AuditorSteen Overgaard
AuditorAnpartsselskabet af 1/9 2005
AuditorGrønlands Revision A/S, statsautoriserede revisorer

The CEOs' other companies

Jørgen Henning Larsen – 13 other companies, of which 8 bankrupt

Erling Munkholm – 2 other companies, of which 1 bankrupt

Tuuta Rosa Knudsen – 1 other companies

Troels Gildbjerg Kristensen – 5 other companies

Kathrine Havskov Jakobsen – 4 other companies

Niels Skaarup Vognsen – 4 other companies

Peter Laigaard Jensen – 5 other companies

Address history (0 moves)

Edv.sivertsenip Aqq29 18, 3952 Ilulissat

Former names

Albatros Arctic Circle ApS – now
HOTEL HVIDE FALK ApS –
HHF ApS –

Similar companies in Avannaata

Questions and answers about Albatros Arctic Circle ApS

Has Albatros Arctic Circle ApS gone bankrupt?

No, Albatros Arctic Circle ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Albatros Arctic Circle ApS?

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 Albatros Arctic Circle ApS?

Jørgen Henning Larsen is the CEO of Albatros Arctic Circle ApS.

Who is the auditor of Albatros Arctic Circle ApS?

Albatros Arctic Circle ApS most recently used Grønlands Revision Godkendt Revisionspartnerselskab.

When was Albatros Arctic Circle ApS founded?

Albatros Arctic Circle ApS was founded on 31 May 2008.

What is the equity of Albatros Arctic Circle ApS?

Equity was DKK 37.7m 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.