Green Island Shipping ApS

CVR 40232966 · Private limited company (ApS) · Active · Low risk

Green Island Shipping ApS is a Private limited company (ApS), founded on , based in Marstal. The company is registered in the industry formidlingsaktiviteter inden for godstransport. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 681k and a net result of DKK -1,837. CEO: Lars Damgaard Kromann.

Bankruptcy risk for Green Island Shipping 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

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
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×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
40232966
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Lars Damgaard Kromann, Peder Skramsgade 8
5960 Marstal
Municipality
Ærø
Industry
Formidlingsaktiviteter inden for godstransport (523100)
Bankruptcies in the industry: Speditører
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 7
Missing annual reportNo
Negative equityNo
Equity ratio97.8%
Current ratio4,641%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -13kDKK 212DKK 197k
Net profitDKK -1,837DKK 3,819DKK 168k
EquityDKK 681kDKK 683kDKK 679k
Total assetsDKK 696kDKK 748kDKK 752k
CashDKK 20kDKK 88k–
Short-term debtDKK 15kDKK 65k–
Tax owed–DKK 0–
Avg. employees01–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024146
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021181
1 Jan 2020 – 31 Dec 2020180
5 Feb 2019 – 31 Dec 2019234 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
CEOLars Damgaard KromannCurrent
Owner (100%)Lars Damgaard KromannCurrent
FounderLars Damgaard KromannCurrent

The CEOs' other companies

Lars Damgaard Kromann – 9 other companies, of which 3 bankrupt

Address history (0 moves)

c/o Lars Damgaard Kromann, Peder Skramsgade 8, 5960 Marstal

Former names

Green Island Shipping ApS – now
Green Island Shipping IVS –

Similar companies in Ærø

Questions and answers about Green Island Shipping ApS

Has Green Island Shipping ApS gone bankrupt?

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

What is the bankruptcy risk of Green Island Shipping 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 Green Island Shipping ApS?

Lars Damgaard Kromann is the CEO of Green Island Shipping ApS.

Who is the auditor of Green Island Shipping ApS?

Green Island Shipping ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Green Island Shipping ApS founded?

Green Island Shipping ApS was founded on 5 February 2019.

What is the equity of Green Island Shipping ApS?

Equity was DKK 681k 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.