60° North Greenland ApS

CVR 12716710 · Private limited company (ApS) · Active · Low risk

60° North Greenland ApS is a Private limited company (ApS), founded on , based in Qaqortoq. The company is registered in the industry andre specialiserede byggeaktiviteter 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 29.0m and a net result of DKK 8.9m. CEO: Bjarke Fuglsang.

Bankruptcy risk for 60° North Greenland 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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO< 0.5 yrs · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×

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
12716710
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
Havnevej
3920 Qaqortoq
Municipality
Kujalleq
Industry
Andre specialiserede byggeaktiviteter i.a.n. (439900)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 800k
Auditor
Grønlands Revision Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio39.2%
Current ratio78%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 41.8mDKK 30.1mDKK 19.5m
Net profitDKK 8.9mDKK 9.3mDKK 1.8m
EquityDKK 29.0mDKK 23.0mDKK 13.0m
Total assetsDKK 73.9mDKK 61.4mDKK 39.4m
CashDKK 8.1mDKK 88k–
Short-term debtDKK 27.6mDKK 25.1m–
Tax owedDKK 2.1mDKK 724k–
Avg. employees3428–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202578
1 Jan 2024 – 31 Dec 2024156
1 Jan 2023 – 31 Dec 202368
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021169
1 Jan 2020 – 31 Dec 2020216 Late
1 Jan 2019 – 31 Dec 2019182
1 Jan 2018 – 31 Dec 201838
1 Jan 2017 – 31 Dec 201781

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
CEOBjarke FuglsangCurrent
CEORasmus Christian Rasmussen
CEOJørgen Wæver Johansen
CEORasmus Christian Rasmussen
CEOMalik Vahl Rasmussen
CEORasmus Christian Rasmussen
BoardBjarke FuglsangCurrent
BoardRasmus Christian RasmussenCurrent
BoardMalik Vahl RasmussenCurrent
BoardAntony William Paul SageCurrent
BoardMalcolm Raymond DayCurrent
BoardJens Jørgen Skærlund
BoardRasmus Christian Rasmussen
BoardJørgen Wæver Johansen
BoardElse Asta Vahl
BoardDorthe Kathrine Vivian Motzfeldt
Owner (15%)Malik Vahl RasmussenCurrent
Owner (15%)Bjarke FuglsangCurrent
Owner (67%)Critical Metals Corp.Current
Owner (67%)Rasmus Christian Rasmussen
Owner (10%)Malene Vahl Rasmussen
Owner (10%)Malik Vahl Rasmussen
Owner (90%)Rasmus Christian Rasmussen
Owner (100%)Rasmus Christian Rasmussen
Owner (90%)Rasmus Christian Rasmussen
Owner (10%)Malik Vahl Rasmussen
AuditorGrønlands Revision Godkendt RevisionspartnerselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBK Revision ApS
AuditorAnpartsselskabet af 1/9 2005
AuditorGrønlands Revision A/S, statsautoriserede revisorer

The CEOs' other companies

Bjarke Fuglsang – 2 other companies

Rasmus Christian Rasmussen – 20 other companies, of which 5 bankrupt

Jørgen Wæver Johansen – 37 other companies, of which 12 bankrupt

Malik Vahl Rasmussen – 1 other companies

Address history (2 moves)

Havnevej, 3920 Qaqortoq
Torvevej 163, 3920 Qaqortoq
Alleriisanngivit 1585, 3920 Qaqortoq

Former names

60° North Greenland ApS – now
WR INVEST GREENLAND ApS –
WR INVEST GREENLAND A/S –
VR INVEST GRØNLAND A/S –

Other companies at the same address

Questions and answers about 60° North Greenland ApS

Has 60° North Greenland ApS gone bankrupt?

No, 60° North Greenland ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 60° North Greenland 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 60° North Greenland ApS?

Bjarke Fuglsang is the CEO of 60° North Greenland ApS.

Who is the auditor of 60° North Greenland ApS?

60° North Greenland ApS most recently used Grønlands Revision Godkendt Revisionspartnerselskab.

When was 60° North Greenland ApS founded?

60° North Greenland ApS was founded on 17 June 2008.

What is the equity of 60° North Greenland ApS?

Equity was DKK 29.0m 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.