Arctic Drops ApS

CVR 41011262 · Private limited company (ApS) · Active · Low risk

Arctic Drops ApS is a Private limited company (ApS), founded on , based in Qaqortoq. The company is registered in the industry vandforsyning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.2m and a net result of DKK 964k. CEO: Nikki Peter Frederik Høegh, Minik Pilutaq Kristen Dahl Høegh.

Bankruptcy risk for Arctic Drops ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
41011262
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Mestervej
3920 Qaqortoq
Municipality
Kujalleq
Industry
Vandforsyning (360000)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 6
Missing annual reportNo
Negative equityNo
Equity ratio68.9%
Current ratio106%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.4mDKK 2.2mDKK 3.1m
Net profitDKK 964kDKK 181kDKK 597k
EquityDKK 2.2mDKK 1.2mDKK 1.0m
Total assetsDKK 3.1mDKK 2.7mDKK 3.3m
CashDKK 526kDKK 402k–
Short-term debtDKK 942kDKK 1.5m–
Avg. employees54–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023175
1 Jan 2022 – 31 Dec 2022123
1 Jan 2021 – 31 Dec 2021206 Late
5 Dec 2019 – 31 Dec 2020187 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
CEONikki Peter Frederik HøeghCurrent
CEOMinik Pilutaq Kristen Dahl HøeghCurrent
BoardPitsi Petrine Hansine Høegh
BoardMinik Pilutaq Kristen Dahl Høegh
Owner (50%)Minik Pilutaq Kristen Dahl HøeghCurrent
Owner (50%)Nikki Peter Frederik HøeghCurrent
Owner (25%)Pitsi Petrine Hansine Høegh
Owner (25%)Minik Pilutaq Kristen Dahl Høegh
Owner (33%)Nikki Peter Frederik Høegh
FounderPitsi Petrine Hansine HøeghCurrent
FounderMinik Pilutaq Kristen Dahl HøeghCurrent
FounderNikki Peter Frederik HøeghCurrent

The CEOs' other companies

Nikki Peter Frederik Høegh – 1 other companies

Minik Pilutaq Kristen Dahl Høegh – 4 other companies

Address history (1 moves)

Mestervej, 3920 Qaqortoq
Vatikanbakken 68, 3920 Qaqortoq

Former names

Arctic Drops ApS – now
Høegh VVS ApS –

Other companies at the same address

Similar companies in Kujalleq

Questions and answers about Arctic Drops ApS

Has Arctic Drops ApS gone bankrupt?

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

What is the bankruptcy risk of Arctic Drops ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Arctic Drops ApS?

Nikki Peter Frederik Høegh, Minik Pilutaq Kristen Dahl Høegh are the CEOs of Arctic Drops ApS.

When was Arctic Drops ApS founded?

Arctic Drops ApS was founded on 5 December 2019.

What is the equity of Arctic Drops ApS?

Equity was DKK 2.2m 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.