Titarneq ApS

CVR 12883056 · Private limited company (ApS) · Active · High risk

Titarneq ApS is a Private limited company (ApS), founded on , based in Nuuk. The company is registered in the industry arkitektaktiviteter. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 9 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 356k and a net result of DKK -293k.

Bankruptcy risk for Titarneq ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of auditors (historical)1 · 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
12883056
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
Innannguaq 12
3900 Nuuk
Municipality
Sermersooq
Industry
Arkitektaktiviteter (711100)
Bankruptcies in the industry: Rådgivende ingeniørvirksomhed inden for byggeri og anlægsarbejder
Share capital
DKK 200k
Auditor
Grønlands Revision, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio42.4%
Current ratio66%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.8mDKK 2.6m
Net profitDKK -293kDKK 69k
EquityDKK 356kDKK 649k
Total assetsDKK 840kDKK 1.4m
CashDKK 46k–
Short-term debtDKK 422k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025209 Late
1 Jan 2024 – 31 Dec 2024121
1 Jan 2023 – 31 Dec 2023107
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 202166
1 Jan 2020 – 31 Dec 202056
1 Jan 2019 – 31 Dec 201978
1 Jan 2018 – 31 Dec 201859
22 Oct 2016 – 31 Dec 201737

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
CEOSvend Ole Sværd
Owner (50%)Svend Ole SværdCurrent
Owner (33%)Inuuteq Jan HendriksenCurrent
Owner (25%)Aslak Peter Rosing
Owner (25%)Svend Ole Sværd
Owner (25%)Aputsiak Otto Olsen Davidsen
Owner (25%)Heinrich Minik Stidsen
Owner (50%)Svend Ole Sværd
Owner (50%)Heinrich Minik Stidsen
AuditorPreben Rasmussen ApS
FounderAslak Peter RosingCurrent
FounderSvend Ole SværdCurrent

The CEOs' other companies

Svend Ole Sværd – 3 other companies, of which 1 bankrupt

Address history (2 moves)

Innannguaq 12, 3900 Nuuk
Jens Kreutzmannip Aqqutaa 3, 3900 Nuuk
c/o Aslak Rosing, Kigutaarnat 20, 3905 Nuussuaq

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Titarneq ApS

Has Titarneq ApS gone bankrupt?

No, Titarneq ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Titarneq ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the auditor of Titarneq ApS?

Titarneq ApS most recently used Grønlands Revision, Godkendt Revisionspartnerselskab.

When was Titarneq ApS founded?

Titarneq ApS was founded on 22 October 2016.

What is the equity of Titarneq ApS?

Equity was DKK 356k 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.