Pelagic Greenland A/S

CVR 12842465 · Public limited company (A/S) · Active · Low risk

Pelagic Greenland A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry havfiskeri. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 42.4m and a net result of DKK 47.3m. CEO: Andrias Lava Olsen.

Bankruptcy risk for Pelagic Greenland A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×

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
12842465
Status
Active
Company type
Public limited company (A/S)
Founded
(10 years)
Address
Qasapi 4
3900 Nuuk
Municipality
Sermersooq
Industry
Havfiskeri (031100)
Bankruptcies in the industry: Havfiskeri
Share capital
DKK 39.3m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio24.2%
Current ratio60%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 148.6mDKK 39.2mDKK 140.7m
Net profitDKK 47.3mDKK -45.4mDKK 29.3m
EquityDKK 42.4mDKK -4.8mDKK 40.6m
Total assetsDKK 175.5mDKK 172.7mDKK 183.9m
CashDKK 0DKK 1,000–
Short-term debtDKK 44.4mDKK 82.4m–
Tax owedDKK 3.2m––
Avg. employees3833–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202568
1 Jan 2024 – 31 Dec 2024104
1 Jan 2023 – 31 Dec 2023122
1 Jan 2022 – 31 Dec 202286
1 Jan 2021 – 31 Dec 2021146
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019105
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017108

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
CEOAndrias Lava OlsenCurrent
BoardStefán Baldvin FridrikssonCurrent
BoardAndrias Lava OlsenCurrent
BoardToke BinzerCurrent
BoardLars Nielsen
BoardJens Bisgaard
BoardAnders Bjørn Fenger Munthe
BoardPreben Sunke
Owner (67%)ROYAL GREENLAND A/SCurrent
Owner (33%)Ísfélag VestmannaeyjaCurrent
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorEY Denmark ApS
FounderAnders Bjørn Fenger MuntheCurrent

The CEOs' other companies

Andrias Lava Olsen – 8 other companies

Address history (0 moves)

Qasapi 4, 3900 Nuuk

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Pelagic Greenland A/S

Has Pelagic Greenland A/S gone bankrupt?

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

What is the bankruptcy risk of Pelagic Greenland A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Pelagic Greenland A/S?

Andrias Lava Olsen is the CEO of Pelagic Greenland A/S.

Who is the auditor of Pelagic Greenland A/S?

Pelagic Greenland A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Pelagic Greenland A/S founded?

Pelagic Greenland A/S was founded on 4 April 2016.

What is the equity of Pelagic Greenland A/S?

Equity was DKK 42.4m 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.