Nalunaq A/S

CVR 12794053 · Public limited company (A/S) · Active · Medium risk

Nalunaq A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry brydning af andre ikke-jernholdige metalmalme. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -74.7m and a net result of DKK -5.8m.

Bankruptcy risk for Nalunaq A/S

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×
Capital changes3+ · bankruptcy rate 6.2%0.70×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×

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
12794053
Status
Active
Company type
Public limited company (A/S)
Founded
(11 years)
Address
c/o Nuna Advokater, Qullilerfik 2, 6.
3900 Nuuk
Municipality
Sermersooq
Industry
Brydning af andre ikke-jernholdige metalmalme (072900)
Bankruptcies in the industry: Brydning af andre ikke-jernholdige metalmalme
Share capital
DKK 1.0m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-24.9%
Current ratio16%
Moves (last 2 years)0
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address70
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 10.4mDKK -4.5mDKK -7.5m
Net profitDKK -5.8mDKK -14.5mDKK -7.8m
EquityDKK -74.7mDKK -68.9mDKK -54.3m
Total assetsDKK 299.9mDKK 190.2mDKK 77.4m
CashDKK 12.9mDKK 7.0m–
Short-term debtDKK 324.6mDKK 251.8m–
Avg. employees451–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025201 Late
1 Jan 2024 – 31 Dec 2024197 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022171
1 Jan 2021 – 31 Dec 2021174
1 Jan 2020 – 31 Dec 2020166
1 Jan 2019 – 31 Dec 2019223 Late
1 Jan 2018 – 31 Dec 2018164
1 Jan 2017 – 31 Dec 2017148

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
CEOJustinas Matusevicius
CEOMartin Ménard
CEOJoan Plant
CEOPhilip Christopher Brown
BoardEldur OlafssonCurrent
BoardJoan PlantCurrent
BoardPhilip Christopher BrownCurrent
BoardJustinas Matusevicius
BoardPer Buhl Olsen
BoardPhilip Christopher Brown
BoardPaul Robin Smallbone
Owner (100%)Amaroq Ltd.Current
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPeter SchriverCurrent

Address history (2 moves)

c/o Nuna Advokater, Qullilerfik 2, 6., 3900 Nuuk
Tuapannguit 38, 3900 Nuuk
c/o Nuna Advokater ApS, Qullilerfik 2, 6., 3900 Nuuk

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Nalunaq A/S

Has Nalunaq A/S gone bankrupt?

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

What is the bankruptcy risk of Nalunaq A/S?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the auditor of Nalunaq A/S?

Nalunaq A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Nalunaq A/S founded?

Nalunaq A/S was founded on 25 September 2015.

What is the equity of Nalunaq A/S?

Equity was DKK -74.7m 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.