Greenland Water Bank ApS

CVR 12941218 · Private limited company (ApS) · Active · Low risk

Greenland Water Bank ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry fremstilling af læskedrikke og vand på flaske. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.5m and a net result of DKK -865k. CEO: Jørgen Wæver Johansen.

Bankruptcy risk for Greenland Water Bank ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
12941218
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nigerleq 34
3905 Nuussuaq
Municipality
Sermersooq
Industry
Fremstilling af læskedrikke og vand på flaske (110700)
Bankruptcies in the industry: Fremstilling af øl
Share capital
DKK 160k
Auditor
Grønlands Revision Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityNo
Equity ratio92.7%
Current ratio833%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -482kDKK 208kDKK -6,459
Net profitDKK -865kDKK -20kDKK -152k
EquityDKK 2.5mDKK 225kDKK 245k
Total assetsDKK 2.7mDKK 699kDKK 659k
CashDKK 1.4mDKK 278k–
Short-term debtDKK 199kDKK 474k–
Tax owedDKK 0DKK 46k–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025169
1 Jan 2024 – 31 Dec 2024176
1 Jan 2023 – 31 Dec 2023173
1 Jan 2022 – 31 Dec 2022222 Late
1 Jan 2021 – 31 Dec 2021230 Late
1 Jan 2020 – 31 Dec 2020195 Late
1 Jan 2019 – 31 Dec 2019265 Late
1 Jan 2018 – 31 Dec 2018175
9 Dec 2016 – 31 Dec 2017184 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

RoleNameFromTo
CEOJørgen Wæver JohansenCurrent
BoardJørgen Wæver JohansenCurrent
BoardSvend HardenbergCurrent
BoardJosette SheeranCurrent
BoardSvend Hardenberg
BoardJulie Edel Hardenberg
BoardDorthe Kathrine Vivian Motzfeldt
BoardIvik Hans Christian Wæver Johansen
BoardNuiana Dinah Edel Berthelsen Hardenberg
BoardKaj Rene Fleischer-Motzfeldt
Owner (50%)GREENLAND INVEST ApSCurrent
Owner (33%)Greenland Development Partners LLCCurrent
Owner (100%)GREENLAND INVEST ApS
Owner (67%)GREENLAND INVEST ApS
Owner (20%)Greenland Development Partners LLC
Owner (25%)Greenland Development Partners LLC
AuditorGrønlands Revision Godkendt RevisionspartnerselskabCurrent
AuditorBK Revision ApS
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderGREENLAND INVEST ApSCurrent

The CEOs' other companies

Jørgen Wæver Johansen – 37 other companies, of which 12 bankrupt

Address history (2 moves)

Nigerleq 34, 3905 Nuussuaq
Inspektørbakken 35, st., 3900 Nuuk
c/o B-822, Taparfik 822, 3920 Qaqortoq

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Greenland Water Bank ApS

Has Greenland Water Bank ApS gone bankrupt?

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

What is the bankruptcy risk of Greenland Water Bank 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 Greenland Water Bank ApS?

Jørgen Wæver Johansen is the CEO of Greenland Water Bank ApS.

Who is the auditor of Greenland Water Bank ApS?

Greenland Water Bank ApS most recently used Grønlands Revision Godkendt Revisionspartnerselskab.

When was Greenland Water Bank ApS founded?

Greenland Water Bank ApS was founded on 9 December 2016.

What is the equity of Greenland Water Bank ApS?

Equity was DKK 2.5m 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.