Arctic Innovation IVS

CVR 41721847 · Entrepreneurial company (IVS) · Active · Very high risk

Arctic Innovation IVS is a Entrepreneurial company (IVS), founded on , based in Sisimiut. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 96.7% over the next 12 months, which is 68.7 times the average for Danish companies. 5 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 0 and a net result of DKK 0. CEO: Paneeraq Nukaaraq Olsen, Lona Kirstina Kreutzmann Tittussen.

Bankruptcy risk for Arctic Innovation IVS

96.7%
probability of bankruptcy within 12 months
Very high risk

68.7 × 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×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
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
41721847
Status
Active
Company type
Entrepreneurial company (IVS)
Founded
(6 years)
Address
Isikkiviup Aqquserna 10
3911 Sisimiut
Municipality
Qeqqata
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 1
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityNo
Equity ratio–
Current ratio–
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 year202520242023
Revenue–DKK 120kDKK 440k
Gross profitDKK 0DKK 116kDKK 429k
Net profitDKK 0DKK -47kDKK -103k
EquityDKK 0DKK 0DKK 0
Total assetsDKK 0DKK 0DKK 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 2025149
1 Jan 2024 – 31 Dec 2024156
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022215 Late
24 Sep 2020 – 31 Dec 2021164

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
CEOPaneeraq Nukaaraq OlsenCurrent
CEOLona Kirstina Kreutzmann TittussenCurrent
Owner (50%)Paneeraq Nukaaraq OlsenCurrent
Owner (50%)Lona Kirstina Kreutzmann TittussenCurrent
FounderPaneeraq Nukaaraq OlsenCurrent
FounderLona Kirstina Kreutzmann TittussenCurrent

The CEOs' other companies

Lona Kirstina Kreutzmann Tittussen – 1 other companies

Address history (0 moves)

Isikkiviup Aqquserna 10, 3911 Sisimiut

Similar companies in Qeqqata

Questions and answers about Arctic Innovation IVS

Has Arctic Innovation IVS gone bankrupt?

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

What is the bankruptcy risk of Arctic Innovation IVS?

Our model estimates a bankruptcy risk of 96.7% over the next 12 months (very high risk), which is 68.7 times the average for Danish companies.

Who is the CEO of Arctic Innovation IVS?

Paneeraq Nukaaraq Olsen, Lona Kirstina Kreutzmann Tittussen are the CEOs of Arctic Innovation IVS.

When was Arctic Innovation IVS founded?

Arctic Innovation IVS was founded on 23 September 2020.

What is the equity of Arctic Innovation IVS?

Equity was DKK 0 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.