Dundas Titanium A/S

CVR 12905114 · Public limited company (A/S) · Active · Low risk

Dundas Titanium A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry anden råstofindvinding i.a.n.. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 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 -307.4m and a net result of DKK -228.0m. CEO: Roderick Claude Mcillree.

Bankruptcy risk for Dundas Titanium A/S

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
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×

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
12905114
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
c/o Nuna Advokater, Qullilerfik 2, 6.
3900 Nuuk
Municipality
Sermersooq
Industry
Anden råstofindvinding i.a.n. (089900)
Bankruptcies in the industry: Grus- og sandgravning: indvinding af ler og kaolin
Share capital
DKK 500k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-5,635.8%
Current ratio1%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address70
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 107kDKK -770kDKK -692k
Net profitDKK -228.0mDKK -18.3mDKK -17.3m
EquityDKK -307.4mDKK -79.4mDKK -61.1m
Total assetsDKK 5.5mDKK 215.8mDKK 217.5m
CashDKK 2.1mDKK 2.0m–
Short-term debtDKK 312.9mDKK 295.2m–
Avg. employees22–

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 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023183
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021143
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019169
1 Jan 2018 – 31 Dec 2018158
16 Feb 2017 – 31 Dec 2017158

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
CEORoderick Claude McillreeCurrent
CEOHans Jensen
BoardRoderick Claude McillreeCurrent
BoardTroy Edward WhittakerCurrent
BoardOlga SolovievaCurrent
BoardGreg Kuenzel
BoardRoderick Claude Mcillree
BoardGarth Mervyn Palmer
BoardBo Møller Stensgaard
BoardPer Buhl Olsen
BoardKevin Francis Sheil
BoardBo Møller Stensgaard
BoardRobert Willem John Edwards
BoardEric Martin Sondergaard
BoardEric Martin Sondergaard
Owner (100%)80 MILE PLCCurrent
Owner (100%)Bluejay Mining Limited
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
AuditorEY Denmark ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderBluejay Mining LimitedCurrent

The CEOs' other companies

Hans Jensen – 2 other companies

Address history (0 moves)

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

Former names

Dundas Titanium A/S – now
Pituffik A/S –

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Dundas Titanium A/S

Has Dundas Titanium A/S gone bankrupt?

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

What is the bankruptcy risk of Dundas Titanium A/S?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Dundas Titanium A/S?

Roderick Claude Mcillree is the CEO of Dundas Titanium A/S.

Who is the auditor of Dundas Titanium A/S?

Dundas Titanium A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Dundas Titanium A/S founded?

Dundas Titanium A/S was founded on 16 February 2017.

What is the equity of Dundas Titanium A/S?

Equity was DKK -307.4m 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.