GREAT NORTHERN A/S
CVR 35801987 · Public limited company (A/S) · Active · Medium risk
GREAT NORTHERN A/S is a Public limited company (A/S), founded on , based in Kerteminde. The company is registered in the industry udlejning af erhvervsejendomme. Our model estimates a bankruptcy risk of 1.8% over the next 12 months, which is 1.3 times the average for Danish companies. 12 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 15.6m and a net result of DKK -32.6m. CEO: Peer Rysgaard.
Bankruptcy risk for GREAT NORTHERN A/S
1.8%
probability of bankruptcy within 12 months
Medium risk
1.3 × the average (1.41%) · higher risk than 81% of active Danish companies
Lowest riskHighest risk
Increases the risk
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Reduces the risk
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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
- 35801987
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (12 years)
- Address
- Great Northern Ave. 1
5300 Kerteminde - Municipality
- Kerteminde
- Industry
- Udlejning af erhvervsejendomme (682040)
Bankruptcies in the industry: Udlejning af erhvervsejendomme - Share capital
- DKK 500k
- Employees
- 73 (2018)
- Auditor
- DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 12 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 40.4% |
| Current ratio | 93% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 9 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 23.4m | DKK 17.9m | DKK 16.2m |
| Net profit | DKK -32.6m | DKK -29.0m | DKK -28.8m |
| Equity | DKK 15.6m | DKK 18.2m | DKK 27.2m |
| Total assets | DKK 38.5m | DKK 42.1m | DKK 48.6m |
| Cash | DKK 188k | DKK 1.5m | – |
| Short-term debt | DKK 23.0m | DKK 23.9m | – |
| Avg. employees | 113 | 100 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 147 | ||
| 1 Jan 2024 – 31 Dec 2024 | 147 | ||
| 1 Jan 2023 – 31 Dec 2023 | 155 | ||
| 1 Jan 2022 – 31 Dec 2022 | 151 | ||
| 1 Jan 2021 – 31 Dec 2021 | 151 | ||
| 1 Jan 2020 – 31 Dec 2020 | 151 | ||
| 1 Jan 2019 – 31 Dec 2019 | 149 | ||
| 1 Jan 2018 – 31 Dec 2018 | 149 | ||
| 1 Jan 2017 – 31 Dec 2017 | 150 | ||
| 1 Jan 2016 – 31 Dec 2016 | 149 | ||
| 1 Jan 2015 – 31 Dec 2015 | 148 | ||
| 4 Mar 2014 – 31 Dec 2014 | 149 |
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 | Peer Rysgaard | Current | |
| CEO | Søren Rye Vadmand | ||
| CEO | Kurt Hedegaard Carstensen | ||
| CEO | John Ungermand | ||
| CEO | Peter Jesper Schmitz | ||
| CEO | Kurt Hedegaard Carstensen | ||
| Board | Kurt Hedegaard Carstensen | Current | |
| Board | Thomas Kirk Kristiansen | Current | |
| Board | Iben Juul | Current | |
| Board | Peter Jesper Schmitz | ||
| Board | Thomas Kirk Kristiansen | ||
| Board | Jesper Hauschildt | ||
| Board | Peter Jesper Schmitz | ||
| Board | Thomas Kirk Kristiansen | ||
| Board | Peter Jesper Schmitz | ||
| Owner (100%) | KIRK OG KIRK HOLDING ApS | Current | |
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Founder | KIRK OG KIRK HOLDING ApS | Current |
The CEOs' other companies
Peer Rysgaard – 36 other companies, of which 1 bankrupt
- GOLFBYG A/S Bankrupt 27 May 2014
- A/S AF 29. MARTS 2005 Opløst
- CENTRALVÆRKSTEDET A/S Active
- COMWELL A/S Active
- COMWELL AARHUS A/S Active
- COMWELL BORUPGAARD A/S Active
- COMWELL HOLTE A/S Active
- COMWELL HVIDE HUS AALBORG A/S Active
- COMWELL KELLERS PARK KOMPLEMENTAR ApS Active
- COMWELL KLARSKOVGAARD A/S Active
- COMWELL KOLDING A/S Active
- COMWELL KONGEBROGAARDEN A/S Active
- COMWELL KØGE STRAND A/S Active
- COMWELL MIDDELFART A/S Active
- COMWELL REBILD BAKKER A/S Active
- COMWELL ROSKILDE A/S Active
- COMWELL SORØ A/S Active
- Comwell Copenhagen Portside A/S Active
- EJENDOMSSELSKABET MIDDELFART PARK A/S Active
- GBK ApS Active
- HB Aabenraa A/S Active
- Holdingselskabet Middelfart Park ApS Fusioneret
- Hotel Sønderborg Strand A/S Active
- KELLERS PARK KOMPLEMENTAR ApS Active
- KESJ HOLDING A/S Opløst
- Komplementarselskabet Comwell K ApS Opløst
- Komplementarselskabet Kongevejen 495, Holte ApS Opløst
- MAYGAARD A/S Fusioneret
- MAYGAARD GROUP A/S Opløst
- Milling Hotel Fredericia A/S Active
Søren Rye Vadmand – 38 other companies, of which 1 bankrupt
- THE BAGEL CO A/S Bankrupt 20 Jun 2023
- ABB KOMPONENT A/S Fusioneret
- AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD Active
- Airofit A/S Active
- Airofit Medico A/S Active
- Airofit Sports Systems A/S Active
- Best Practice Data ApS Active
- Copenhagen Data ApS Active
- DAGROFA DETAIL A/S Fusioneret
- DAGROFA FINANSIERING A/S Active
- DAGROFA FOODSERVICE A/S Active
- DAGROFA INVEST A/S Opløst
- DREISLER STORKØB A/S Fusioneret
- Dagrofa Logistik a/s Active
- EG RETAIL & MEDIE A/S Fusioneret
- FAVØRISERING A/S Opløst
- FOG ANLÆG A/S Fusioneret
- FOG FØDEVARER A/S Fusioneret
- FOODSERVICE DANMARK A/S Fusioneret
- I-RETAIL ApS Fusioneret
- ISO SUPERMARKED A/S Fusioneret
- JACODAN A/S Fusioneret
- KIWI DANMARK A/S Fusioneret
- KØBMANDSKÆDEN SPAR A/S Opløst
- KØBMANDSKÆDEN SUPER SPAR A/S Opløst
- KØBMÆNDENES DATA CENTER A/S Opløst
- MADSEN KØD ApS Fusioneret
- METRO CASH & CARRY DANMARK ApS Opløst
- METRO DANMARK HOLDING ApS Fusioneret
- METRO PROPERTIES DANMARK ApS Fusioneret
Kurt Hedegaard Carstensen – 53 other companies, of which 13 bankrupt
- DENTALMAN A/S Bankrupt 1 Jul 2009
- EJENDOMSSELSKABET AF 16. SEPTEMBER2003 A/S Bankrupt 2 Jul 2009
- FLEXA INVEST ApS Bankrupt 2 Mar 2012
- FRX FH A/S Bankrupt 25 Sep 2012
- FRX G A/S Bankrupt 21 Mar 2011
- FRX H A/S Bankrupt 22 Dec 2010
- FRX MHD A/S Bankrupt 22 Dec 2010
- FRX MHG A/S Bankrupt 22 Dec 2010
- GPV INDUSTRI A/S Bankrupt 1 Jul 2009
- GPV PCB DIVISIONEN A/S Bankrupt 21 Apr 2009
- KALVI HOLDING A/S Bankrupt 2 Mar 2012
- SELSKABET AF 30/9 2010, ESBJERG A/S Bankrupt 30 Sep 2010
- Selskab 19062025 A/S Bankrupt 24 Jun 2025
- AXCEL IKU INVEST ApS Opløst
- BLUE HORS ApS Active
- COC OFFICE A/S Active
- Company Healthcare A/S Active
- DANSK SKORSTENS TEKNIK A/S Active
- E. BANK LAURIDSEN HOLDING A/S Active
- EJENDOMSANPARTSSELSKABET AF 30. SEPTEMBER 2004 Active
- EP AF 27. APRIL 2006 A/S Opløst
- Ejendomsselskabet Kvist Industries A/S Active
- Eurofins Genomics Denmark A/S Active
- FLEX HEAT A/S Opløst
- FLEXA4DREAMS HOLDING A/S Active
- GBK ApS Active
- GPV ELECTRONICS A/S Fusioneret
- GPV GROUP ADMINISTRATION A/S Opløst
- GPV INTERNATIONAL A/S Active
- HCM A/S Active
John Ungermand – 9 other companies
- BØGETORP ApS Active
- CRE8 ApS Active
- Riverside Residence ApS Active
- SEE Skopje A/S Active
- Skopje ApS Active
- Skopje Projects A/S Active
- UNGERMAND HOLDING ApS Opløst
- UNGERMAND MANAGEMENT ApS Opløst
- Ungermand Holding ApS Active
Peter Jesper Schmitz – 17 other companies, of which 1 bankrupt
- TRE 021 A/S Bankrupt 11 Jun 2014
- COCHE ApS Active
- GBK ApS Active
- Global A ApS Active
- Havblik Real Estate ApS Active
- Holding A ApS Active
- Investeringsselskabet af 15. august 2025 ApS Active
- MDG Kerteminde ApS Active
- MDG Kerteminde I ApS Active
- MDG Kerteminde II ApS Active
- MDGP ApS Active
- MDGS ApS Active
- Milestone Development Group ApS Active
- SIGVALD A. EJENDOMME A/S Active
- THK FYN ApS Active
- Traktørselskabet ApS Active
- Warrer-Schmitz ApS Active
Address history (1 moves)
| Great Northern Ave. 1, 5300 Kerteminde | |
| Koldingvej 2, 7190 Billund |
Employees per year
Other companies at the same address
- GBK ApS Active
- THK FYN ApS Active
Similar companies in Kerteminde
- Smedeløkken Munkebo ApS Munkebo
- Brask Ejendomme ApS Kerteminde
- Store Kongensgade 18 ApS Munkebo
- Hardarson Ejendomme ApS Munkebo
- Flemming Rohde Ejendomme ApS Kerteminde
- Morten Andersen Ejendomme ApS Langeskov
- Lej og Bo ApS Mesinge
- Kiva Ejendomme ApS Kerteminde
- Thinesen Ejendomme A/S Kerteminde
- Bo-Con Ejendomsselskab ApS Kerteminde
- MAJU bolig ApS Kerteminde
- Gartneriet Abildgaard ApS Marslev
Questions and answers about GREAT NORTHERN A/S
Has GREAT NORTHERN A/S gone bankrupt?
No, GREAT NORTHERN A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of GREAT NORTHERN A/S?
Our model estimates a bankruptcy risk of 1.8% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of GREAT NORTHERN A/S?
Peer Rysgaard is the CEO of GREAT NORTHERN A/S.
Who is the auditor of GREAT NORTHERN A/S?
GREAT NORTHERN A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was GREAT NORTHERN A/S founded?
GREAT NORTHERN A/S was founded on 4 March 2014.
What is the equity of GREAT NORTHERN A/S?
Equity was DKK 15.6m 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.