Bifrost Motors ApS

CVR 12925123 · Private limited company (ApS) · Active · Low risk

Bifrost Motors ApS is a Private limited company (ApS), founded on , based in Sisimiut. The company is registered in the industry detailhandel med lystbåde og udstyr hertil. 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 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK 928k.

Bankruptcy risk for Bifrost Motors ApS

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

Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
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
12925123
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Ittukasiup Aqquserna 10
3911 Sisimiut
Municipality
Qeqqata
Industry
Detailhandel med lystbåde og udstyr hertil (476330)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 126k
Auditor
Grønlands Revision A/S, statsautoriserede revisorer
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 9
Missing annual reportNo
Negative equityNo
Equity ratio22.6%
Current ratio129%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.0mDKK 894kDKK 743k
Net profitDKK 928kDKK 280kDKK 321k
EquityDKK 1.0mDKK 108kDKK -172k
Total assetsDKK 4.6mDKK 2.1mDKK 1.5m
CashDKK 51kDKK 19k–
Short-term debtDKK 3.5mDKK 1.8m–
Tax owedDKK 110k––
Avg. employees22–

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 2025152
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 202394
1 Jan 2022 – 31 Dec 2022226 Late
1 Jan 2021 – 31 Dec 2021166
1 Jan 2020 – 31 Dec 2020217 Late
1 Jan 2019 – 31 Dec 2019155
1 Jan 2018 – 31 Dec 2018105
28 Jun 2017 – 31 Dec 2017136

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
BoardMaannguaq Philip LauritzenCurrent
BoardTia Ingemann LauritzenCurrent
BoardDennis Karl Lars Molter OlsenCurrent
BoardMagnus Agerskov
BoardMaannguaq Philip Lauritzen
Owner (90%)Maannguaq Philip LauritzenCurrent
Owner (10%)Dennis Karl Lars Molter OlsenCurrent
Owner (50%)Magnus Agerskov
Owner (50%)Maannguaq Philip Lauritzen
Owner (100%)Maannguaq Philip Lauritzen
AuditorGrønlands Revision A/S, statsautoriserede revisorerCurrent
AuditorAnpartsselskabet af 1/9 2005
FounderMaannguaq Philip LauritzenCurrent

Address history (0 moves)

Ittukasiup Aqquserna 10, 3911 Sisimiut

Other companies at the same address

Similar companies in Qeqqata

Questions and answers about Bifrost Motors ApS

Has Bifrost Motors ApS gone bankrupt?

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

What is the bankruptcy risk of Bifrost Motors ApS?

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 auditor of Bifrost Motors ApS?

Bifrost Motors ApS most recently used Grønlands Revision A/S, statsautoriserede revisorer.

When was Bifrost Motors ApS founded?

Bifrost Motors ApS was founded on 28 June 2017.

What is the equity of Bifrost Motors ApS?

Equity was DKK 1.0m 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.