GREENLANDCOPTER A/S

CVR 12681453 · Public limited company (A/S) · Active · Low risk

GREENLANDCOPTER A/S is a Public limited company (A/S), founded on , based in Tasiilaq. The company is registered in the industry passagertransport med rutefly. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 9 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -12.0m and a net result of DKK -1.2m. CEO: Tim Nicolaisen.

Bankruptcy risk for GREENLANDCOPTER A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
12681453
Status
Active
Company type
Public limited company (A/S)
Founded
(13 years)
Address
c/o Helistop Tasiilaq Hangar B-1250, Ittimiini 1
3913 Tasiilaq
Municipality
Sermersooq
Industry
Passagertransport med rutefly (511010)
Bankruptcies in the industry: Anden engroshandel
Share capital
DKK 2.8m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-250.8%
Current ratio97%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 318kDKK -67k
Net profitDKK -1.2mDKK -1.0m
EquityDKK -12.0mDKK -10.8m
Total assetsDKK 4.8mDKK 4.9m
CashDKK 336k–
Short-term debtDKK 3.8m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022175
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 2020244 Late
1 Jan 2019 – 31 Dec 2019189 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017158

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
CEOTim NicolaisenCurrent
BoardKelly Viggo NicolajsenCurrent
BoardYew Lin TayCurrent
BoardMike Georg Nathaniel NicolaisenCurrent
BoardMichael BinzerCurrent
BoardNathaline Alma Erika NicolaisenCurrent
BoardHans Peter Hansen
BoardKarl Andreassen
Owner (25%)Kelly Viggo NicolajsenCurrent
Owner (50%)Tim NicolaisenCurrent
Owner (25%)Mike Georg Nathaniel NicolaisenCurrent
Owner (50%)Kelly Viggo Nicolajsen
Owner (25%)Mike Georg Nathaniel Nicolaisen
Owner (25%)Tim Nicolaisen
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPETTERSON & CO ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderKelly Viggo NicolajsenCurrent
FounderMike Georg Nathaniel NicolaisenCurrent
FounderTim NicolaisenCurrent

The CEOs' other companies

Tim Nicolaisen – 2 other companies

Address history (0 moves)

c/o Helistop Tasiilaq Hangar B-1250, Ittimiini 1, 3913 Tasiilaq

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about GREENLANDCOPTER A/S

Has GREENLANDCOPTER A/S gone bankrupt?

No, GREENLANDCOPTER A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of GREENLANDCOPTER A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of GREENLANDCOPTER A/S?

Tim Nicolaisen is the CEO of GREENLANDCOPTER A/S.

Who is the auditor of GREENLANDCOPTER A/S?

GREENLANDCOPTER A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was GREENLANDCOPTER A/S founded?

GREENLANDCOPTER A/S was founded on 2 January 2013.

What is the equity of GREENLANDCOPTER A/S?

Equity was DKK -12.0m 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.