Illutaaq ApS

CVR 39998491 · Private limited company (ApS) · Active · Low risk

Illutaaq ApS is a Private limited company (ApS), founded on , based in Ilulissat. The company is registered in the industry administration af fast ejendom på kontraktbasis. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 7 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.2m and a net result of DKK 1.7m. CEO: Palle Sylvest Bendtsen.

Bankruptcy risk for Illutaaq ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Registered owners4+ · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
39998491
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Imersuarmut Aqqut 10
3952 Ilulissat
Municipality
Avannaata
Industry
Administration af fast ejendom på kontraktbasis (683210)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio3.7%
Current ratio88%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.0mDKK 2.8mDKK 1.5m
Net profitDKK 1.7mDKK -583kDKK 59k
EquityDKK 1.2mDKK -483kDKK 100k
Total assetsDKK 32.0mDKK 45.0mDKK 49.9m
CashDKK 2.3mDKK 12k–
Short-term debtDKK 2.6mDKK 45.4m–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022174
1 Jan 2021 – 31 Dec 2021160
1 Jan 2020 – 31 Dec 2020145
2 Nov 2018 – 31 Dec 2019156

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
CEOPalle Sylvest BendtsenCurrent
BoardJens JensenCurrent
BoardPalle Sylvest BendtsenCurrent
BoardKarl JensenCurrent
BoardMads Højlund NørgaardCurrent
BoardErne Lange OlsenCurrent
BoardJørgen Hjul Andersen
BoardKarl Jensen
BoardBjarke Fuglsang
Owner (25%)Karl JensenCurrent
Owner (25%)Jens JensenCurrent
Owner (25%)Palle Sylvest BendtsenCurrent
Owner (25%)KJ GREENLAND A/SCurrent
Owner (25%)Jørgen Hjul Andersen
FounderJørgen Hjul AndersenCurrent
FounderKarl JensenCurrent
FounderJens JensenCurrent
FounderPalle Sylvest BendtsenCurrent

The CEOs' other companies

Palle Sylvest Bendtsen – 2 other companies

Address history (0 moves)

Imersuarmut Aqqut 10, 3952 Ilulissat

Other companies at the same address

Questions and answers about Illutaaq ApS

Has Illutaaq ApS gone bankrupt?

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

What is the bankruptcy risk of Illutaaq ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of Illutaaq ApS?

Palle Sylvest Bendtsen is the CEO of Illutaaq ApS.

When was Illutaaq ApS founded?

Illutaaq ApS was founded on 2 November 2018.

What is the equity of Illutaaq ApS?

Equity was DKK 1.2m 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.