A.C. Grønland ApS
CVR 40545484 · Private limited company (ApS) · Active · Medium risk
A.C. Grønland ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry tømrer- og bygningssnedkeraktiviteter. Our model estimates a bankruptcy risk of 1.9% over the next 12 months, which is 1.3 times the average for Danish companies. 6 annual reports have been published. The latest annual report (30 Sep 2025) shows equity of DKK -4.6m and a net result of DKK -2.5m. CEO: Vagn Hansen Andersen.
Bankruptcy risk for A.C. Grønland ApS
1.3 × the average (1.41%) · higher risk than 82% of active Danish companies
Increases the risk
Reduces the risk
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
- 40545484
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (7 years)
- Address
- Igimaq 1 002
3905 Nuussuaq - Municipality
- Sermersooq
- Industry
- Tømrer- og bygningssnedkeraktiviteter (433200)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed - Share capital
- DKK 125k
- Auditor
- 2+ Revision GrønlandStatsautoriserede Revisorer ApS
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 6 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -137,097.8% |
| Current ratio | 0% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 2 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -211k | DKK -810k | DKK -317k |
| Net profit | DKK -2.5m | DKK -1.6m | DKK -836k |
| Equity | DKK -4.6m | DKK -2.0m | DKK -444k |
| Total assets | DKK 3,322 | DKK 101k | DKK 7.5m |
| Cash | DKK 3,321 | DKK 2,687 | – |
| Short-term debt | DKK 1.6m | DKK 1.9m | – |
| Tax owed | DKK 19k | DKK 461k | – |
| Avg. employees | 10 | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · 2+ Revision GrønlandStatsautoriserede Revisorer ApS.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 81 | ||
| 1 Oct 2023 – 30 Sep 2024 | 183 | ||
| 1 Oct 2022 – 30 Sep 2023 | 111 | ||
| 1 Oct 2021 – 30 Sep 2022 | 147 | ||
| 1 Oct 2020 – 30 Sep 2021 | 160 | ||
| 23 May 2019 – 30 Sep 2020 | 137 |
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 | Vagn Hansen Andersen | Current | |
| CEO | Michael Nygaard Schäffer | ||
| Owner (100%) | Greenland Invest 2024 ApS | Current | |
| Owner (100%) | Michael Nygaard Schäffer | ||
| Owner (50%) | Vagn Hansen Andersen | ||
| Owner (50%) | GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA | ||
| Owner (20%) | Michael Nygaard Schäffer | ||
| Owner (67%) | Vagn Hansen Andersen | ||
| Owner (100%) | GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA | ||
| Auditor | 2+ Revision Statsautoriseret Revisionsanpartsselskab | ||
| Auditor | 2+ Revision Grønland Statsautoriserede Revisorer ApS | ||
| Founder | Michael Nygaard Schäffer | Current | |
| Founder | Vagn Hansen Andersen | Current |
The CEOs' other companies
Vagn Hansen Andersen – 49 other companies, of which 7 bankrupt
- BOLIG CONSULT GRØNLAND ApS Bankrupt 4 Oct 1996
- NUNA AIR A/S Bankrupt 25 Jan 1993
- NUNAMINERALS A/S Bankrupt 16 Nov 2016
- SCANDINAVIAN GOLD A/S Bankrupt 27 Apr 2004
- SULUIT AIR A/S Bankrupt 14 Dec 1998
- VIKING BYG UPERNAVIK ApS Bankrupt 6 Nov 2015
- VIKING GREENLAND A/S Bankrupt 28 Oct 2015
- A/S NUNAMUT 3 Fusioneret
- AIR PAVUUNA ApS Opløst
- ARCTIC CRUISES ApS Compulsorily dissolved
- ARCTIC DRILLING CONTRACTORS A/S Opløst
- ARCTIC ELITEBYG A/S Opløst
- ARCTIC FINANS ApS Compulsorily dissolved
- ARCTIC UMIAQ LINE A/S Active
- ASSARTUIVIK A/S Opløst
- EJENDOMSSELSKABET NORDATLANTEN ApS Opløst
- EJENDOMSSELSKABET SYDVEST ApS Active
- EJENDOMSSELSKABET SØNDERJYLLAND ApS Active
- GL. SKAGEN ApS Active
- GREENEXCO ApS Opløst
- GREENLAND BIOTECH A/S Opløst
- GREENLAND CONSULTING ApS Opløst
- GREENLAND DEVELOPMENT A/S Opløst
- GREENLAND SERVICE PARTNERS A/S Fusioneret
- GREENLANDAIR CHARTER A/S Fusioneret
- GRØNLANDS EJENDOMSSELSKAB ApS - KALAALLIT NUNAATA ILLUUTILEQATIGIIFIA Active
- Greenland Invest 2024 ApS Active
- HANS HOLMELUND ApS ENTREPRENØRER Opløst
- INUIT SERVICE COMPANY ApS Opløst
- JAPH HOLDING ApS Opløst
Michael Nygaard Schäffer – 5 other companies
- BS Tømrer og Montage A/S Active
- MABETEC NORDIC A/S Active
- Mika Arctic ApS Opløst
- Schäffer Holding Varde IVS Opløst
- Schäffers Ejendomsselskab IVS Opløst
Address history (2 moves)
| Igimaq 1 002, 3905 Nuussuaq | |
| c/o Michael Schäffer, Industrivej 2D, 3905 Nuussuaq | |
| c/o Michael Schäffer, Nigerleq 28, 3905 Nuussuaq |
Former names
| A.C. Grønland ApS | – now |
| Arctic Contractors ApS | – |
Other companies at the same address
- Empire Construction Group ApS Bankrupt
- Arctic Contractors ApS Compulsorily dissolved
Similar companies in Sermersooq
- Arctic Sanasut ApS Nuuk
- Litpersona Greenland ApS Nuuk
- Sanasoq-mi ApS Nuuk
- Jørgensen og Co ApS Nuussuaq
- KB Nuuk ApS Nuussuaq
- Sanasoq Ittoqqortoormiit ApS Ittoqqortoormiit
- FBC-R ApS Paamiut
- Nuuk Handymand ApS Nuussuaq
- R.K. Sanasoq ApS Nuussuaq
- DG Køkkenmontage ApS Nuussuaq
- Nanok Byg Grønland ApS Nuuk
- SANASOQ NUUK ApS Nuuk
Questions and answers about A.C. Grønland ApS
Has A.C. Grønland ApS gone bankrupt?
No, A.C. Grønland ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of A.C. Grønland ApS?
Our model estimates a bankruptcy risk of 1.9% over the next 12 months (medium risk), which is 1.3 times the average for Danish companies.
Who is the CEO of A.C. Grønland ApS?
Vagn Hansen Andersen is the CEO of A.C. Grønland ApS.
Who is the auditor of A.C. Grønland ApS?
A.C. Grønland ApS most recently used 2+ Revision GrønlandStatsautoriserede Revisorer ApS.
When was A.C. Grønland ApS founded?
A.C. Grønland ApS was founded on 23 May 2019.
What is the equity of A.C. Grønland ApS?
Equity was DKK -4.6m according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.