Greenland Water Bottling IVS

CVR 41003391 · Entrepreneurial company (IVS) · Active · Very high risk

Greenland Water Bottling IVS is a Entrepreneurial company (IVS), founded on , based in Ilulissat. The company is registered in the industry fremstilling af læskedrikke og vand på flaske. Our model estimates a bankruptcy risk of 95.5% over the next 12 months, which is 67.8 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1 and a net result of DKK 0.

Bankruptcy risk for Greenland Water Bottling IVS

95.5%
probability of bankruptcy within 12 months
Very high risk

67.8 × the average (1.41%) · higher risk than 100% of active Danish companies

Lowest riskHighest risk

Increases the risk

Company typeIVS · bankruptcy rate 99.8%11.3×
Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
41003391
Status
Active
Company type
Entrepreneurial company (IVS)
Founded
(6 years)
Address
Aron Mathiesenip Aqq 9
3952 Ilulissat
Municipality
Avannaata
Industry
Fremstilling af læskedrikke og vand på flaske (110700)
Bankruptcies in the industry: Fremstilling af øl
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 0–
Net profitDKK 0DKK 0
EquityDKK 1DKK 1
Total assetsDKK 1DKK 1
CashDKK 1–
Short-term debtDKK 0–
Tax owedDKK 0–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025152
1 Jan 2024 – 31 Dec 2024161
1 Jan 2023 – 31 Dec 2023161
1 Jan 2022 – 31 Dec 2022149
1 Jan 2021 – 31 Dec 2021147
12 Dec 2019 – 31 Dec 2020106

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
Owner (100%)Greenland Ice Cap Water ApSCurrent
FounderGreenland Ice Cap Water ApSCurrent

Address history (0 moves)

Aron Mathiesenip Aqq 9, 3952 Ilulissat

Other companies at the same address

Questions and answers about Greenland Water Bottling IVS

Has Greenland Water Bottling IVS gone bankrupt?

No, Greenland Water Bottling IVS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Greenland Water Bottling IVS?

Our model estimates a bankruptcy risk of 95.5% over the next 12 months (very high risk), which is 67.8 times the average for Danish companies.

When was Greenland Water Bottling IVS founded?

Greenland Water Bottling IVS was founded on 12 December 2019.

What is the equity of Greenland Water Bottling IVS?

Equity was DKK 1 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.