Greenland Sea Safari ApS

CVR 42305766 · Private limited company (ApS) · Active · Low risk

Greenland Sea Safari ApS is a Private limited company (ApS), founded on , based in Ilulissat. The company is registered in the industry sø- og kysttransport af passagerer. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 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 -678k and a net result of DKK 121k. CEO: Flemming Olav Bisgaard.

Bankruptcy risk for Greenland Sea Safari ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
42305766
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Aron Mathiesenip Aqq 9B
3952 Ilulissat
Municipality
Avannaata
Industry
Sø- og kysttransport af passagerer (501000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 51k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-80.1%
Current ratio18%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address8
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 179kDKK 61k
Net profitDKK 121kDKK 15k
EquityDKK -678kDKK -799k
Total assetsDKK 847kDKK 667k
CashDKK 267k–
Short-term debtDKK 1.5m–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025167
1 Jan 2024 – 31 Dec 2024117
1 Jan 2023 – 31 Dec 2023177
1 Jan 2022 – 31 Dec 2022166
7 Apr 2021 – 31 Dec 2021223 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
CEOFlemming Olav BisgaardCurrent
Owner (50%)Flemming Olav BisgaardCurrent
Owner (50%)Hans Mikael DjurhuusCurrent
Owner (33%)Flemming Olav Bisgaard
Owner (33%)Hans Mikael Djurhuus
Owner (33%)Jørgen Sørensen Frank
Owner (50%)Flemming Olav Bisgaard
Owner (50%)Jørgen Sørensen Frank
Owner (50%)Flemming Olav Bisgaard
FounderFlemming Olav BisgaardCurrent
FounderHans Mikael DjurhuusCurrent
FounderJørgen Sørensen FrankCurrent

The CEOs' other companies

Flemming Olav Bisgaard – 2 other companies

Address history (0 moves)

Aron Mathiesenip Aqq 9B, 3952 Ilulissat

Other companies at the same address

Similar companies in Avannaata

Questions and answers about Greenland Sea Safari ApS

Has Greenland Sea Safari ApS gone bankrupt?

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

What is the bankruptcy risk of Greenland Sea Safari ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Greenland Sea Safari ApS?

Flemming Olav Bisgaard is the CEO of Greenland Sea Safari ApS.

Who is the auditor of Greenland Sea Safari ApS?

Greenland Sea Safari ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Greenland Sea Safari ApS founded?

Greenland Sea Safari ApS was founded on 7 April 2021.

What is the equity of Greenland Sea Safari ApS?

Equity was DKK -678k 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.