GeoLAB Greenland ApS
CVR 12926669 · Private limited company (ApS) · Active · Low risk
GeoLAB Greenland ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry grus- og sandgravning og indvinding af ler og kaolin. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -1.0m and a net result of DKK 4,737. CEO: Martin Sandy Shalmi.
Bankruptcy risk for GeoLAB Greenland ApS
0.2 × the average (1.41%) · higher risk than 49% of active Danish companies
Increases the risk
Reduces the risk
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
- 12926669
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- Naternaq 3
3905 Nuussuaq - Municipality
- Sermersooq
- Industry
- Grus- og sandgravning og indvinding af ler og kaolin (081200)
Bankruptcies in the industry: Grus- og sandgravning: indvinding af ler og kaolin - Share capital
- DKK 125k
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 3 of 7 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -2,373.9% |
| Current ratio | 4% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 7 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 25k | DKK -14k |
| Net profit | DKK 4,737 | DKK -34k |
| Equity | DKK -1.0m | DKK -1.0m |
| Total assets | DKK 43k | DKK 2,599 |
| Cash | DKK 3,009 | – |
| Short-term debt | DKK 1.1m | – |
Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 78 | ||
| 1 Oct 2023 – 30 Sep 2024 | 147 | ||
| 1 Oct 2022 – 30 Sep 2023 | 122 | ||
| 1 Oct 2021 – 30 Sep 2022 | 131 | ||
| 1 Jan 2020 – 31 Dec 2020 | 243 | Late | |
| 1 Jan 2019 – 31 Dec 2019 | 190 | Late | |
| 10 Jul 2017 – 31 Dec 2018 | 267 | Late |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Martin Sandy Shalmi | Current | |
| CEO | Martin Sandy Shalmi | ||
| Board | Jeanette Sandy Shalmi | ||
| Board | Jeanette Sandy Shalmi | ||
| Board | Martin Sandy Shalmi | ||
| Board | Martin Sandy Shalmi | ||
| Board | Per Buhl Olsen | ||
| Board | Per Buhl Olsen | ||
| Owner (100%) | Martin Sandy Shalmi | Current | |
| Owner (67%) | Martin Sandy Shalmi | ||
| Owner (25%) | NALIK Capital A/S | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Founder | Martin Sandy Shalmi | Current |
The CEOs' other companies
Martin Sandy Shalmi – 27 other companies
- 21st NORTH ApS Active
- A & M ApS Opløst
- ARCTIC CORE DRILLING A/S Compulsorily dissolved
- Arctic Works ApS Active
- Café Tamu ApS Active
- Café Tamu Paamiut ApS Active
- Elektrikerit Paamiut ApS Compulsorily dissolved
- FBC-E ApS Active
- FBC-R ApS Active
- FBC-V ApS Active
- FREDERIKSHÅB BETONCENTRAL ApS Active
- GREENLAB GREENLAND A/S Opløst
- GREENTOP GREENLAND ApS Active
- GRØNLANDSK PRODUKTION A/S Active
- Greenland Water Resources A/S Active
- Karl Bejder Entreprenør & Stenindustri A/S Active
- Martin Sandy Shalmi ApS Active
- NALIK Capital A/S Active
- NALUNAQ GOLD MINE A/S Opløst
- Pinguaraq Development ApS Active
- Prime View ApS Active
- ROYAL GREENLAND A/S Active
- SHALMI A/S Active
- Sandy ApS Active
- TOORNAT ILLUAT ApS Fusioneret
- VINSLOTTET GRØNLAND A/S Active
- XPLORATION SERVICES GREENLAND A/S Active
Address history (2 moves)
| Naternaq 3, 3905 Nuussuaq | |
| Quassunnguaq 1, 3900 Nuuk | |
| Issortarfimmut 1, 3905 Nuussuaq |
Other companies at the same address
- Café Tamu ApS Active
- Greenland Water Resources A/S Active
- North Water Greenland ApS Active
- Pinguaraq Development ApS Active
- Prime View ApS Active
- SHALMI A/S Active
- Sandy ApS Active
Similar companies in Sermersooq
- AVANNAQ Shipping ApS Nuuk
Questions and answers about GeoLAB Greenland ApS
Has GeoLAB Greenland ApS gone bankrupt?
No, GeoLAB Greenland ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of GeoLAB Greenland ApS?
Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.
Who is the CEO of GeoLAB Greenland ApS?
Martin Sandy Shalmi is the CEO of GeoLAB Greenland ApS.
When was GeoLAB Greenland ApS founded?
GeoLAB Greenland ApS was founded on 10 July 2017.
What is the equity of GeoLAB Greenland ApS?
Equity was DKK -1.0m according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.