Arctic Hospitality Corporation A/S
CVR 12479182 · Public limited company (A/S) · Active · Low risk
Arctic Hospitality Corporation A/S is a Public limited company (A/S), founded on , based in Ilulissat. The company is registered in the industry drift af hoteller og lignende overnatningsfaciliteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 83.0m and a net result of DKK 2.6m. CEO: Morten Bjarne Nielsen.
Bankruptcy risk for Arctic Hospitality Corporation A/S
0.0 × the average (1.41%) · higher risk than 18% 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
- 12479182
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (38 years)
- Address
- Mittarfimmut Aqq
3952 Ilulissat - Municipality
- Avannaata
- Industry
- Drift af hoteller og lignende overnatningsfaciliteter (551000)
Bankruptcies in the industry: Hoteller - Share capital
- DKK 31.0m
- Auditor
- Grønlands Revision Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 9 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 38.9% |
| Current ratio | 166% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 0 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 51.2m | DKK 44.8m |
| Net profit | DKK 2.6m | DKK 228k |
| Equity | DKK 83.0m | DKK 80.4m |
| Total assets | DKK 213.1m | DKK 216.6m |
| Cash | DKK 7.4m | – |
| Short-term debt | DKK 13.7m | – |
| Avg. employees | 75 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Grønlands Revision, Godkendt Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 160 | ||
| 1 Jan 2024 – 31 Dec 2024 | 169 | ||
| 1 Jan 2023 – 31 Dec 2023 | 138 | ||
| 1 Jan 2022 – 31 Dec 2022 | 86 | ||
| 1 Jan 2021 – 31 Dec 2021 | 62 | ||
| 1 Jan 2020 – 31 Dec 2020 | 90 | ||
| 1 Jan 2019 – 31 Dec 2019 | 65 | ||
| 1 Jan 2018 – 31 Dec 2018 | 59 | ||
| 1 Jan 2017 – 31 Dec 2017 | 100 |
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 | Morten Bjarne Nielsen | Current | |
| CEO | Kield-Gustav Erichsen | ||
| CEO | Erik Bjerregaard Jørgensen | ||
| Board | Steen Jensen | Current | |
| Board | Malik Peter Hegelund Olsen | Current | |
| Board | Ella Cathrine Grødem | Current | |
| Board | Christopher Mark Shern | Current | |
| Board | Mogens Errebo Jensen | Current | |
| Board | Jacob Nitter Sørensen | Current | |
| Board | Jens Christian Bærentsen | ||
| Board | Ole Bjerregaard | ||
| Board | Kield-Gustav Erichsen | ||
| Board | Jan Knud Rasmussen | ||
| Board | Ole Horsfeldt | ||
| Board | Egon Sørensen | ||
| Board | Erik Bjerregaard Jørgensen | ||
| Board | Flemming Bolø | ||
| Board | Stig Næsh Hendriksen | ||
| Board | Svenn-Jørgen Gravengaard | ||
| Board | Peter Fich | ||
| Board | Finn Øelund | ||
| Board | Peter Flemming Knudsen | ||
| Board | Lone Njor Hulth | ||
| Board | Carl Ove Nielsen | ||
| Board | Morten Bjarne Nielsen | ||
| Board | Michael Binzer | ||
| Board | Magnus Agerskov | ||
| Board | Michael Sloth Højgaard | ||
| Board | Mogens Errebo Jensen | ||
| Board | David Olsen | ||
| Board | Jacob Nitter Sørensen | ||
| Board | Kjeld Zacho Jørgensen | ||
| Board | Henrik Bjørner Søe | ||
| Board | Jacob Nitter Sørensen | ||
| Board | Mikkel Bjergsø | ||
| Board | Jóhannes Jensen | ||
| Board | Bodil Marie Damgaard | ||
| Board | Charlotte Ann Pedersen | ||
| Board | Robert Gurney | ||
| Owner (100%) | AIR GREENLAND A/S | Current | |
| Auditor | Grønlands Revision Godkendt Revisionspartnerselskab | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | Anpartsselskabet af 1/9 2005 | ||
| Auditor | Grønlands Revision A/S, statsautoriserede revisorer | ||
| Founder | ASX 755 ApS | Current |
The CEOs' other companies
Morten Bjarne Nielsen – 6 other companies, of which 1 bankrupt
- KANGERLUSSUAQ TOURISM A/S Bankrupt 24 Nov 1999
- AIR GREENLAND ATO A/S Active
- ARCTIC UMIAQ LINE A/S Active
- HOTEL SISIMIUT ApS Active
- KANGERLUSSUAQ ROKLUB AF 1.11.2002 ApS Fusioneret
- VISIT GREENLAND A/S Active
Kield-Gustav Erichsen – 43 other companies, of which 25 bankrupt
- ARCTIC TOTALBYG ApS Bankrupt 14 Sep 1994
- ARIS SEAFOOD A/S Bankrupt 26 Feb 1996
- ASX UB 44 ApS Bankrupt 28 Feb 2001
- DET NY PALADS ApS Bankrupt 2 Mar 1993
- DISKO VVS SERVICE ApS Bankrupt 15 May 1997
- E. PIHL & SØN, GRØNLAND ApS Bankrupt 28 Nov 2013
- EGEDE OG STEENHOLDT A/S Bankrupt 30 Jul 1993
- GODHAVN ENTREPRENØRSELSKAB ApS Bankrupt 29 Jan 1993
- GREENCHAR ApS Bankrupt 8 Jul 1996
- HAVFISKE PAMIUT ApS Bankrupt 7 Dec 1993
- ILULISSAT TRAWLER SERVICE ApS Bankrupt 22 Mar 2016
- KAREN POLARIS NUUK ApS Bankrupt 15 Apr 1993
- MANITSOQ TRAWL A/S Bankrupt 7 Dec 1993
- NIKKA ApS Bankrupt 24 Apr 2002
- NUNA HUSE ApS Bankrupt 10 Feb 1994
- NUNA INVEST ApS Bankrupt 21 Nov 1994
- NUNASIORTOQ ApS Bankrupt 9 Nov 1992
- NUUK SKIBS & MOTORVÆRKSTED ApS Bankrupt 30 Jul 1993
- POLARIS TRADING ApS Bankrupt 25 May 1999
- PRO:CON A/S Bankrupt 30 Jan 2002
- PRO:CON DEVELOPMENT A/S Bankrupt 30 Jan 2002
- PRO:CON SCANDINAVIA A/S Bankrupt 30 Jan 2002
- SCS NUUK ApS Bankrupt 11 Jul 1994
- SELCON GRØNLAND ApS Bankrupt 24 Sep 1992
- TEAM ARCTIC ApS Bankrupt 21 May 2002
- 3H ILULISSAT ApS Opløst
- A. ESPERSEN NUUK A/S Opløst
- AAS-NU ApS Compulsorily dissolved
- AD ApS Compulsorily dissolved
- ALOQ SKO ApS Opløst
Erik Bjerregaard Jørgensen – 6 other companies, of which 1 bankrupt
- ILULISSAT TURISTSERVICE A/S Bankrupt 12 Jan 2004
- ATCON GRØNLAND A/S Fusioneret
- DESTINATION AVANNAA A/S Compulsorily dissolved
- EMJ-ATCON GREENLAND A/S Active
- GREENLODGE A/S Active
- VISIT GREENLAND A/S Active
Address history (0 moves)
| Mittarfimmut Aqq, 3952 Ilulissat |
Former names
| Arctic Hospitality Corporation A/S | – now |
| A/S HOTEL ARCTIC, ILULISSAT | – |
| ASX MB 15 ApS | – |
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Questions and answers about Arctic Hospitality Corporation A/S
Has Arctic Hospitality Corporation A/S gone bankrupt?
No, Arctic Hospitality Corporation A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Arctic Hospitality Corporation A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of Arctic Hospitality Corporation A/S?
Morten Bjarne Nielsen is the CEO of Arctic Hospitality Corporation A/S.
Who is the auditor of Arctic Hospitality Corporation A/S?
Arctic Hospitality Corporation A/S most recently used Grønlands Revision Godkendt Revisionspartnerselskab.
When was Arctic Hospitality Corporation A/S founded?
Arctic Hospitality Corporation A/S was founded on 1 September 1988.
What is the equity of Arctic Hospitality Corporation A/S?
Equity was DKK 83.0m 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.