Disko Bay Sea Gate A/S

CVR 40359346 · Public limited company (A/S) · Active · Low risk

Disko Bay Sea Gate A/S is a Public limited company (A/S), founded on , based in Ilulissat. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 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 507k and a net result of DKK 1,409. CEO: Jørgen Sølvsten Nielsen.

Bankruptcy risk for Disko Bay Sea Gate A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
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×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Company typeA/S · bankruptcy rate 4.4%0.50×
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×

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
40359346
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Kussangajaannguaq 11
3952 Ilulissat
Municipality
Avannaata
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 500k
Auditor
PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio95.6%
Current ratio1,977%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -12kDKK -12kDKK -10k
Net profitDKK 1,409DKK 5,933DKK 11k
EquityDKK 507kDKK 505kDKK 499k
Total assetsDKK 530kDKK 527kDKK 586k
CashDKK 945DKK 449–
Short-term debtDKK 23kDKK 22k–
Tax owedDKK 26––
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025110
1 Jan 2024 – 31 Dec 2024101
1 Jan 2023 – 31 Dec 2023100
1 Jan 2022 – 31 Dec 202293
1 Jan 2021 – 31 Dec 202195
1 Jan 2020 – 31 Dec 2020185 Late
15 Mar 2019 – 31 Dec 2019111

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
CEOJørgen Sølvsten NielsenCurrent
CEOEspen Andersen
BoardNoelle SimoudCurrent
BoardJørgen Sølvsten NielsenCurrent
BoardSusanne Lis NielsenCurrent
BoardJørgen Sølvsten Nielsen
BoardKlaus Nordvig Andersen
Owner (100%)Topas Explorer Group ApSCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderTopas Explorer Group ApSCurrent

The CEOs' other companies

Jørgen Sølvsten Nielsen – 28 other companies, of which 1 bankrupt

Espen Andersen – 2 other companies

Address history (0 moves)

Kussangajaannguaq 11, 3952 Ilulissat

Former names

Disko Bay Sea Gate A/S – now
Greenland Shorex A/S –
Greenland Cruise Services A/S –

Other companies at the same address

Similar companies in Avannaata

Questions and answers about Disko Bay Sea Gate A/S

Has Disko Bay Sea Gate A/S gone bankrupt?

No, Disko Bay Sea Gate A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Disko Bay Sea Gate A/S?

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

Who is the CEO of Disko Bay Sea Gate A/S?

Jørgen Sølvsten Nielsen is the CEO of Disko Bay Sea Gate A/S.

Who is the auditor of Disko Bay Sea Gate A/S?

Disko Bay Sea Gate A/S most recently used PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.

When was Disko Bay Sea Gate A/S founded?

Disko Bay Sea Gate A/S was founded on 15 March 2019.

What is the equity of Disko Bay Sea Gate A/S?

Equity was DKK 507k 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.