Avannaa Development A/S

CVR 40860169 · Public limited company (A/S) · Active · Low risk

Avannaa Development A/S is a Public limited company (A/S), founded on , based in Ilulissat. The company is registered in the industry anden udlejning af boliger. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 175.9m and a net result of DKK 2.9m.

Bankruptcy risk for Avannaa Development A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 6% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
CEO's other companies0 · bankruptcy rate 10.9%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×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
40860169
Status
Active
Company type
Public limited company (A/S)
Founded
(7 years)
Address
Noah Mølgårdip Aqq
3952 Ilulissat
Municipality
Avannaata
Industry
Anden udlejning af boliger (682030)
Bankruptcies in the industry: Udlejning af erhvervsejendomme
Share capital
DKK 164.0m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio98.0%
Current ratio6,485%
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 year20252024
Gross profitDKK 6.7mDKK 4.7m
Net profitDKK 2.9mDKK 1.6m
EquityDKK 175.9mDKK 173.0m
Total assetsDKK 179.5mDKK 176.6m
CashDKK 32.4m–
Short-term debtDKK 509k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024165
1 Jan 2023 – 31 Dec 2023164
1 Jan 2022 – 31 Dec 2022121
1 Jan 2021 – 31 Dec 2021152
1 Oct 2019 – 31 Dec 202099

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
BoardNick NielsenCurrent
BoardHans Lars Sakio FleischerCurrent
BoardNiels Hansen DammCurrent
BoardNiels Erik BroCurrent
BoardSofie SandgreenCurrent
BoardLars Erik GabrielsenCurrent
BoardEmil MathiasenCurrent
BoardHenrik Svend Græsdal
BoardKarl Jensen
BoardJens Peter Pars
BoardTina Amondsen
BoardKarl Palle Jerimiassen
BoardSøren Jens Stach Nielsen
BoardSakæus Bendt Broberg Kristiansen
BoardFrank Olsvig Bagger
BoardSakæus Bendt Broberg Kristiansen
BoardSakæus Bendt Broberg Kristiansen
Owner (100%)AVANNAATA KOMMUNIACurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderAVANNAATA KOMMUNIACurrent

Address history (2 moves)

Noah Mølgårdip Aqq, 3952 Ilulissat
c/o Elmann Advokatpartnerselskab, Stockholmsgade 41, 2100 København Ø
Noah Mølgårdip Aqq 9, 3952 Ilulissat

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Questions and answers about Avannaa Development A/S

Has Avannaa Development A/S gone bankrupt?

No, Avannaa Development A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Avannaa Development A/S?

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

Who is the auditor of Avannaa Development A/S?

Avannaa Development A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Avannaa Development A/S founded?

Avannaa Development A/S was founded on 1 October 2019.

What is the equity of Avannaa Development A/S?

Equity was DKK 175.9m 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.