Pinguaraq Development ApS

CVR 40858814 · Private limited company (ApS) · Active · Low risk

Pinguaraq Development ApS is a Private limited company (ApS), founded on , based in Nuussuaq. The company is registered in the industry køb og salg af egen fast ejendom. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 5 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -5.7m and a net result of DKK -1.8m. CEO: Jeanette Sandy Shalmi.

Bankruptcy risk for Pinguaraq Development ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
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×

Reduces the risk

Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
40858814
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
Naternaq 3
3905 Nuussuaq
Municipality
Sermersooq
Industry
Køb og salg af egen fast ejendom (681100)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 50k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-8.0%
Current ratio5%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.7mDKK 2.2mDKK 1.3m
Net profitDKK -1.8mDKK -1.3mDKK -2.5m
EquityDKK -5.7mDKK -3.9mDKK -2.6m
Total assetsDKK 72.1mDKK 72.8mDKK 74.8m
CashDKK 12DKK 21k–
Short-term debtDKK 5.0mDKK 4.4m–
Avg. employees11–

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 Oct 2024 – 30 Sep 2025149
1 Oct 2023 – 30 Sep 2024165
1 Oct 2022 – 30 Sep 2023135
1 Oct 2021 – 30 Sep 2022208 Late
14 Oct 2019 – 31 Dec 2020284 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
CEOJeanette Sandy ShalmiCurrent
CEOJeanette Sandy Shalmi
CEOMartin Sandy Shalmi
Owner (50%)Preben Sandy AndersenCurrent
Owner (50%)Jeanette Sandy ShalmiCurrent
Owner (100%)Martin Sandy Shalmi
FounderMartin Sandy ShalmiCurrent

The CEOs' other companies

Jeanette Sandy Shalmi – 10 other companies

Martin Sandy Shalmi – 27 other companies

Address history (1 moves)

Naternaq 3, 3905 Nuussuaq
Quassunnguaq 1, 3900 Nuuk

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Pinguaraq Development ApS

Has Pinguaraq Development ApS gone bankrupt?

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

What is the bankruptcy risk of Pinguaraq Development ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Pinguaraq Development ApS?

Jeanette Sandy Shalmi is the CEO of Pinguaraq Development ApS.

Who is the auditor of Pinguaraq Development ApS?

Pinguaraq Development ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Pinguaraq Development ApS founded?

Pinguaraq Development ApS was founded on 14 October 2019.

What is the equity of Pinguaraq Development ApS?

Equity was DKK -5.7m 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.