Mermaid Investment ApS

CVR 29177864 · Private limited company (ApS) · Active · Low risk

Mermaid Investment ApS is a Private limited company (ApS), founded on , based in Charlottenlund. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 20 annual reports have been published, of which 12 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -891k and a net result of DKK -58k. CEO: Erlend Shango Gran.

Bankruptcy risk for Mermaid Investment ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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
29177864
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kirkevej 10
2920 Charlottenlund
Municipality
Gentofte
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 125k
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late12 of 20
Missing annual reportNo
Negative equityYes
Equity ratio-4,029.3%
Current ratio53%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -17kDKK -16k
Net profitDKK -58kDKK -846k
EquityDKK -891kDKK -834k
Total assetsDKK 22kDKK 62k
Short-term debtDKK 35k–
Avg. employees0–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025205 Late
1 Jan 2024 – 31 Dec 2024199 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021217 Late
1 Jan 2020 – 31 Dec 2020208 Late
1 Jan 2019 – 31 Dec 2019261 Late
1 Jan 2018 – 31 Dec 2018179
1 Jan 2017 – 31 Dec 2017185 Late
1 Jan 2016 – 31 Dec 2016186 Late
1 Jan 2015 – 31 Dec 2015182
1 Jan 2014 – 31 Dec 2014187 Late
1 Jan 2013 – 31 Dec 2013176
1 Jan 2012 – 31 Dec 2012177
1 Jan 2011 – 31 Dec 2011180
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009179
1 Jan 2008 – 31 Dec 2008181
1 Jan 2007 – 31 Dec 2007188 Late
14 Nov 2005 – 31 Dec 2006185 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
CEOErlend Shango GranCurrent
CEOJørgen Herman Melchior
BoardPeter Andreas Stakemann
BoardErlend Shango Gran
BoardMaj Irene Gran
BoardCharlotte Cordua Gran
Owner (20%)Erlend Shango GranCurrent
Owner (20%)Charlotte Cordua GranCurrent
Owner (20%)Annika Cordua GranCurrent
Owner (20%)Sebastian Cordua GranCurrent
Owner (20%)Michala Cordua GranCurrent
Owner (90%)UNICORN INVESTMENT LTD
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorCJ Partnership I/S
AuditorBGC HOLDING 2007, STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRO REVISION I/S
AuditorR3 REVISION GODKENDT REVISIONSANPARTSSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderApS KBUS 38 nr.3117Current

The CEOs' other companies

Erlend Shango Gran – 7 other companies, of which 1 bankrupt

Jørgen Herman Melchior – 60 other companies, of which 60 bankrupt

Address history (1 moves)

Kirkevej 10, 2920 Charlottenlund
Kronprinsessegade 18, 1306 København K

Former names

Mermaid Investment ApS – now
CENSEO HOLDING ApS –
ApS KBIL 17 NR. 2140 –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Mermaid Investment ApS

Has Mermaid Investment ApS gone bankrupt?

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

What is the bankruptcy risk of Mermaid Investment ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Mermaid Investment ApS?

Erlend Shango Gran is the CEO of Mermaid Investment ApS.

Who is the auditor of Mermaid Investment ApS?

Mermaid Investment ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Mermaid Investment ApS founded?

Mermaid Investment ApS was founded on 14 November 2005.

What is the equity of Mermaid Investment ApS?

Equity was DKK -891k 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.