Greenland Fortescue A/S

CVR 41266732 · Public limited company (A/S) · Active · Low risk

Greenland Fortescue A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry produktion af elektricitet fra vedvarende energikilder. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -36k and a net result of DKK -88k. CEO: Philip James McKeiver.

Bankruptcy risk for Greenland Fortescue A/S

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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
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
41266732
Status
Active
Company type
Public limited company (A/S)
Founded
(6 years)
Address
c/o Nuna Advokater, Qullilerfik 2, 6.
3900 Nuuk
Municipality
Sermersooq
Industry
Produktion af elektricitet fra vedvarende energikilder (351200)
Bankruptcies in the industry: Produktion af elektricitet
Share capital
DKK 500k
Auditor
EY Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-152.0%
Current ratio40%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address70
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -83kDKK -63k
Net profitDKK -88kDKK -65k
EquityDKK -36kDKK 52k
Total assetsDKK 24kDKK 90k
CashDKK 24k–
Short-term debtDKK 59k–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · EY Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025135
1 Jul 2023 – 30 Jun 2024170
1 Jul 2022 – 30 Jun 2023168
1 Jul 2021 – 30 Jun 2022123
10 Mar 2020 – 30 Jun 2021104

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
CEOPhilip James McKeiverCurrent
CEOMichel Jean G. Gantois
CEOJulie Anne Shuttleworth
CEOEmily Teresa Ward
BoardPhilip James McKeiverCurrent
BoardChristine Anne NicolauCurrent
BoardÁgústa Ýr ÞorbergsdóttirCurrent
BoardPeter Ermest Huston
BoardIan Damien Wells
BoardMichel Jean G. Gantois
BoardJulie Anne Shuttleworth
BoardGemma Louise Tually
BoardJulie Anne Shuttleworth
BoardMichael George Masterman
BoardEmily Teresa Ward
BoardGuy Lawrence Geoffrey Debelle
BoardFelicity Jane Gooding
BoardCarlos Alfredo Lange
BoardHilde Førisdal Bekier-Larssen
BoardThor Magnus Rovik
BoardLeyre Edita De Adrian Belaustegui
BoardTheo Jan Kalic
Owner (100%)FORTESCUE FUTURE INDUSTRIES PTY LTDCurrent
AuditorEY Denmark ApS
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderPeter Ermest HustonCurrent
FounderIan Damien WellsCurrent
FounderMichel Jean G. GantoisCurrent

Address history (1 moves)

c/o Nuna Advokater, Qullilerfik 2, 6., 3900 Nuuk
c/o Nuna Advokater, Qullilerfik 2 6, 3900 Nuuk

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Greenland Fortescue A/S

Has Greenland Fortescue A/S gone bankrupt?

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

What is the bankruptcy risk of Greenland Fortescue A/S?

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 Greenland Fortescue A/S?

Philip James McKeiver is the CEO of Greenland Fortescue A/S.

Who is the auditor of Greenland Fortescue A/S?

Greenland Fortescue A/S most recently used EY Godkendt Revisionspartnerselskab.

When was Greenland Fortescue A/S founded?

Greenland Fortescue A/S was founded on 10 March 2020.

What is the equity of Greenland Fortescue A/S?

Equity was DKK -36k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.