Greenland Water Resources A/S
CVR 12592752 · Public limited company (A/S) · Active · Low risk
Greenland Water Resources A/S is a Public limited company (A/S), founded on , based in Nuussuaq. The company is registered in the industry vandforsyning. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 8 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 2.4m and a net result of DKK 30k. CEO: Martin Sandy Shalmi.
Bankruptcy risk for Greenland Water Resources 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
- 12592752
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (16 years)
- Address
- Naternaq 3
3905 Nuussuaq - Municipality
- Sermersooq
- Industry
- Vandforsyning (360000)
Bankruptcies in the industry: Serviceydelser i forbindelse med indvinding af råolie og naturgas - Share capital
- DKK 500k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 8 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 91.3% |
| Current ratio | 1,156% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -27k | DKK 49k |
| Net profit | DKK 30k | DKK 98k |
| Equity | DKK 2.4m | DKK 2.4m |
| Total assets | DKK 2.6m | DKK 2.6m |
| Cash | DKK 2,758 | – |
| Short-term debt | DKK 229k | – |
| Tax owed | DKK 8,242 | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 77 | ||
| 1 Oct 2023 – 30 Sep 2024 | 155 | ||
| 1 Oct 2022 – 30 Sep 2023 | 122 | ||
| 1 Oct 2021 – 30 Sep 2022 | 131 | ||
| 1 Jan 2020 – 31 Dec 2020 | 243 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 184 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 269 | Late | |
| 1 Jan 2017 – 31 Dec 2017 | 94 |
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 | Martin Sandy Shalmi | Current | |
| CEO | Martin Sandy Shalmi | ||
| Board | Martin Sandy Shalmi | Current | |
| Board | Jeanette Sandy Shalmi | Current | |
| Board | Sarah Sandy Thomsen | Current | |
| Board | Mogens Øgaard Larsen | ||
| Board | Mogens Øgaard Larsen | ||
| Board | Martin Sandy Shalmi | ||
| Board | Niels Meinel | ||
| Board | Alex Nørskov | ||
| Board | Ib Leif Kristiansen | ||
| Board | Ib Leif Kristiansen | ||
| Owner (100%) | Martin Sandy Shalmi | Current | |
| Owner (33%) | Mogens Øgaard Larsen | ||
| Owner (33%) | Martin Sandy Shalmi | ||
| Owner (25%) | Ib Leif Kristiansen | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Mogens Øgaard Larsen | Current | |
| Founder | Martin Sandy Shalmi | Current | |
| Founder | Niels Meinel | Current | |
| Founder | Alex Nørskov | Current | |
| Founder | Ib Leif Kristiansen | Current |
The CEOs' other companies
Martin Sandy Shalmi – 27 other companies
- 21st NORTH ApS Active
- A & M ApS Opløst
- ARCTIC CORE DRILLING A/S Compulsorily dissolved
- Arctic Works ApS Active
- Café Tamu ApS Active
- Café Tamu Paamiut ApS Active
- Elektrikerit Paamiut ApS Compulsorily dissolved
- FBC-E ApS Active
- FBC-R ApS Active
- FBC-V ApS Active
- FREDERIKSHÅB BETONCENTRAL ApS Active
- GREENLAB GREENLAND A/S Opløst
- GREENTOP GREENLAND ApS Active
- GRØNLANDSK PRODUKTION A/S Active
- GeoLAB Greenland ApS Active
- Karl Bejder Entreprenør & Stenindustri A/S Active
- Martin Sandy Shalmi ApS Active
- NALIK Capital A/S Active
- NALUNAQ GOLD MINE A/S Opløst
- Pinguaraq Development ApS Active
- Prime View ApS Active
- ROYAL GREENLAND A/S Active
- SHALMI A/S Active
- Sandy ApS Active
- TOORNAT ILLUAT ApS Fusioneret
- VINSLOTTET GRØNLAND A/S Active
- XPLORATION SERVICES GREENLAND A/S Active
Address history (2 moves)
| Naternaq 3, 3905 Nuussuaq | |
| Quassunnguaq 1, 3900 Nuuk | |
| H J Rinksvej 11, 3900 Nuuk |
Former names
| Greenland Water Resources A/S | – now |
| GREENLAND PETROLEUM A/S | – |
Other companies at the same address
- Café Tamu ApS Active
- GeoLAB Greenland ApS Active
- North Water Greenland ApS Active
- Pinguaraq Development ApS Active
- Prime View ApS Active
- SHALMI A/S Active
- Sandy ApS Active
Similar companies in Sermersooq
Questions and answers about Greenland Water Resources A/S
Has Greenland Water Resources A/S gone bankrupt?
No, Greenland Water Resources A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Greenland Water Resources 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 Greenland Water Resources A/S?
Martin Sandy Shalmi is the CEO of Greenland Water Resources A/S.
When was Greenland Water Resources A/S founded?
Greenland Water Resources A/S was founded on 19 March 2010.
What is the equity of Greenland Water Resources A/S?
Equity was DKK 2.4m according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.