Capital Estate Development ApS

CVR 12886357 · Private limited company (ApS) · Active · Low risk

Capital Estate Development ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry gennemførelse af byggeprojekter. 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 7.7m and a net result of DKK 564k. CEO: Michael Marcussen.

Bankruptcy risk for Capital Estate Development ApS

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

CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
12886357
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o EMJ-Atcon Greenland A/S, Pukuffik 17
3905 Nuussuaq
Municipality
Sermersooq
Industry
Gennemførelse af byggeprojekter (681200)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 250k
Auditor
RSM Danmark, Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio21.7%
Current ratio221%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.2mDKK 3.1mDKK 3.6m
Net profitDKK 564kDKK 702kDKK 1.1m
EquityDKK 7.7mDKK 7.1mDKK 6.4m
Total assetsDKK 35.5mDKK 34.5mDKK 33.7m
CashDKK 2.6mDKK 1.5m–
Short-term debtDKK 1.2mDKK 1.2m–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · RSM Danmark, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202541
1 Jan 2024 – 31 Dec 202479
1 Jan 2023 – 31 Dec 2023101
1 Jan 2022 – 31 Dec 2022120
1 Jan 2021 – 31 Dec 202168
1 Jan 2020 – 31 Dec 2020112
1 Jan 2019 – 31 Dec 2019132
1 Jan 2018 – 31 Dec 201877
27 Nov 2016 – 31 Dec 2017155

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
CEOMichael MarcussenCurrent
CEOJes Nicolaj Sørensen
BoardJørn MadsenCurrent
BoardBo Riis EriksenCurrent
BoardJes Nicolaj SørensenCurrent
BoardDan Lyngholm SørensenCurrent
BoardMichael MarcussenCurrent
BoardLarseeraq Pavia Chemnitz Egede
Owner (20%)Jørn MadsenCurrent
Owner (20%)Bo Riis EriksenCurrent
Owner (20%)Jes Nicolaj SørensenCurrent
Owner (20%)Dan Lyngholm SørensenCurrent
Owner (20%)Michael MarcussenCurrent
Owner (15%)Larseeraq Pavia Chemnitz Egede
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderJørn MadsenCurrent
FounderBo Riis EriksenCurrent
FounderJes Nicolaj SørensenCurrent
FounderLarseeraq Pavia Chemnitz EgedeCurrent
FounderDan Lyngholm SørensenCurrent
FounderMichael MarcussenCurrent

The CEOs' other companies

Jes Nicolaj Sørensen – 4 other companies

Address history (0 moves)

c/o EMJ-Atcon Greenland A/S, Pukuffik 17, 3905 Nuussuaq

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Capital Estate Development ApS

Has Capital Estate Development ApS gone bankrupt?

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

What is the bankruptcy risk of Capital Estate Development ApS?

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 Capital Estate Development ApS?

Michael Marcussen is the CEO of Capital Estate Development ApS.

Who is the auditor of Capital Estate Development ApS?

Capital Estate Development ApS most recently used RSM Danmark, Statsautoriseret Revisionspartnerselskab.

When was Capital Estate Development ApS founded?

Capital Estate Development ApS was founded on 27 November 2016.

What is the equity of Capital Estate Development ApS?

Equity was DKK 7.7m 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.