Greenland Development ApS

CVR 41393009 · Private limited company (ApS) · Active · Low risk

Greenland Development ApS is a Private limited company (ApS), founded on , based in Sisimiut. The company is registered in the industry fremstilling af læskedrikke og vand på flaske. 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 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 51k and a net result of DKK -23k. CEO: Alice Nicole Rogoff, Dwayne Ryan Menezes.

Bankruptcy risk for Greenland Development 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 reports75%+ · bankruptcy rate 29.8%3.4×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · 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
41393009
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Aqqusinersuaq 86
3911 Sisimiut
Municipality
Qeqqata
Industry
Fremstilling af læskedrikke og vand på flaske (110700)
Bankruptcies in the industry: Fremstilling af øl
Share capital
DKK 50k
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 6
Missing annual reportNo
Negative equityNo
Equity ratio59.7%
Current ratio248%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address4
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -18kDKK -158kDKK -202k
Net profitDKK -23kDKK -169kDKK -208k
EquityDKK 51kDKK -376kDKK -207k
Total assetsDKK 85kDKK 0DKK 11k
CashDKK 85kDKK 0–
Short-term debtDKK 34kDKK 376k–
Avg. employees22–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024350 Late
1 Jan 2023 – 31 Dec 2023218 Late
1 Jan 2022 – 31 Dec 2022202 Late
1 Jan 2021 – 31 Dec 2021216 Late
28 May 2020 – 31 Dec 2020230 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
CEOAlice Nicole RogoffCurrent
CEODwayne Ryan MenezesCurrent
CEODwayne Ryan Menezes
CEOAlice Nicole Rogoff
Owner (50%)Dwayne Ryan MenezesCurrent
Owner (50%)Alice Nicole RogoffCurrent
Owner (100%)Greenland IceWater Ltd.
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
AuditorGrant Thornton, Godkendt Revisionspartnerselskab
FounderGreenland IceWater Ltd.Current

Address history (0 moves)

Aqqusinersuaq 86, 3911 Sisimiut

Former names

Greenland Development ApS – now
Greenland IceWater ApS –

Other companies at the same address

Questions and answers about Greenland Development ApS

Has Greenland Development ApS gone bankrupt?

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

What is the bankruptcy risk of Greenland Development 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 Greenland Development ApS?

Alice Nicole Rogoff, Dwayne Ryan Menezes are the CEOs of Greenland Development ApS.

Who is the auditor of Greenland Development ApS?

Greenland Development ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was Greenland Development ApS founded?

Greenland Development ApS was founded on 28 May 2020.

What is the equity of Greenland Development ApS?

Equity was DKK 51k 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.