MT HØJGAARD GRØNLAND ApS

CVR 16171530 · Private limited company (ApS) · Active · Low risk

MT HØJGAARD GRØNLAND ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry opførelse af bygninger. Our model estimates a bankruptcy risk of 1.1% over the next 12 months, which is 0.8 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -57.0m and a net result of DKK -30.7m. CEO: Carsten Elbrønd Nielsen.

Bankruptcy risk for MT HØJGAARD GRØNLAND ApS

1.1%
probability of bankruptcy within 12 months
Low risk

0.8 × the average (1.41%) · higher risk than 74% of active Danish companies

Lowest riskHighest risk

Increases the risk

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×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · 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×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×

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
16171530
Status
Active
Company type
Private limited company (ApS)
Founded
(34 years)
Address
Naternaq 38
3905 Nuussuaq
Municipality
Sermersooq
Industry
Opførelse af bygninger (410000)
Bankruptcies in the industry: Opførelse af bygninger
Share capital
DKK 1.0m
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-964.6%
Current ratio10%
Moves (last 2 years)1
CEO changes in total20
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue–DKK 0DKK 329.5m
Gross profit–DKK 0DKK -99.3m
Net profitDKK -30.7mDKK -60.3mDKK -136.0m
EquityDKK -57.0mDKK -26.3mDKK 34.0m
Total assetsDKK 5.9mDKK 87.0mDKK 151.0m
CashDKK 53kDKK 58k–
Short-term debtDKK 50.0mDKK 105.6m–
Avg. employees780–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025142
1 Jan 2024 – 31 Dec 202485
1 Jan 2023 – 31 Dec 2023150
1 Jan 2022 – 31 Dec 2022132
1 Jan 2021 – 31 Dec 2021130
1 Jan 2020 – 31 Dec 202083
1 Jan 2019 – 31 Dec 201976
1 Jan 2018 – 31 Dec 2018123
1 Jan 2017 – 31 Dec 2017142

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
CEOCarsten Elbrønd NielsenCurrent
CEOKnud Erik Busk
CEOUlf Svejgaard Poulsen
CEOGert Karsten Pedersen
CEOFrans Hilbert Pind
CEOJohn Kristian Lassen
CEOGert Karsten Pedersen
CEOTorben Ludvig Nielsen
CEOOle Steen Christensen
CEOJohn Jørgen Funch
CEOUlrik Beske
CEOJoannes Niclassen
CEOTorben Ludvig Nielsen
CEOMaiken Bruun-Ringgaard
BoardRasmus UntidtCurrent
BoardDennis NørgaardCurrent
BoardNiels Holm MikkelsenCurrent
BoardPer Emil Hasselbalch Stakemann
BoardJohn Kristian Lassen
BoardMogens Hansen
BoardAllan Hermann Christensen
BoardOle Steen Christensen
BoardPeter Søborg Kofoed
BoardJohnny Ib Rasmussen
BoardJens Nyhus
BoardKnut Thorbjørn Næss Rasmussen
BoardFlemming Lorents Steen
BoardJoannes Niclassen
BoardUlrik Beske
BoardHenrik Nørmark
BoardClaus Gram Madsen
BoardHalldor Pall Ragnarsson
BoardHelle Bro Krogen
BoardJørgen Enegaard Nicolajsen
BoardPeter Søborg Kofoed
BoardPer Vinther Larsen
BoardAnders Heine Jensen
BoardMartin Stig Solberg
BoardMorten Hansen
BoardMorten Hansen
BoardPeter Søborg Kofoed
BoardJacob Nitter Sørensen
BoardHenrik Mielke
BoardCarsten Lund
BoardSøren Wulff
Owner (100%)MT Højgaard International A/SCurrent
Owner (100%)MT Højgaard Danmark A/S
AuditorEY Godkendt RevisionspartnerselskabCurrent
AuditorErik Tronborg Andersen
AuditorCJ Partnership I/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorEY Denmark ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderA/S PSE NR. 1285Current

The CEOs' other companies

Carsten Elbrønd Nielsen – 30 other companies, of which 1 bankrupt

Knud Erik Busk – 16 other companies, of which 3 bankrupt

Ulf Svejgaard Poulsen – 60 other companies, of which 60 bankrupt

Gert Karsten Pedersen – 1 other companies

Frans Hilbert Pind – 4 other companies, of which 2 bankrupt

John Kristian Lassen – 13 other companies, of which 1 bankrupt

Torben Ludvig Nielsen – 10 other companies

Ole Steen Christensen – 5 other companies

John Jørgen Funch – 13 other companies, of which 1 bankrupt

Joannes Niclassen – 1 other companies

Address history (3 moves)

Naternaq 38, 3905 Nuussuaq
Naternaq 17, 2., 3905 Nuussuaq
Sipisaq Avannarleq 4 tv, 3900 Nuuk
Qeqertanut 22, 3905 Nuussuaq

Former names

MT HØJGAARD GRØNLAND ApS – now
HØJGAARD & SCHULTZ GRØNLAND ApS –
ATCON GRØNLAND ApS –
ApS KBIL 3 NR. 1245 –

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about MT HØJGAARD GRØNLAND ApS

Has MT HØJGAARD GRØNLAND ApS gone bankrupt?

No, MT HØJGAARD GRØNLAND ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MT HØJGAARD GRØNLAND ApS?

Our model estimates a bankruptcy risk of 1.1% over the next 12 months (low risk), which is 0.8 times the average for Danish companies.

Who is the CEO of MT HØJGAARD GRØNLAND ApS?

Carsten Elbrønd Nielsen is the CEO of MT HØJGAARD GRØNLAND ApS.

Who is the auditor of MT HØJGAARD GRØNLAND ApS?

MT HØJGAARD GRØNLAND ApS most recently used EY Godkendt Revisionspartnerselskab.

When was MT HØJGAARD GRØNLAND ApS founded?

MT HØJGAARD GRØNLAND ApS was founded on 1 March 1992.

What is the equity of MT HØJGAARD GRØNLAND ApS?

Equity was DKK -57.0m 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.