North Explorer ApS

CVR 42789917 · Private limited company (ApS) · Active · High risk

North Explorer ApS is a Private limited company (ApS), founded on , based in Paamiut. The company is registered in the industry sø- og kysttransport af passagerer. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 4 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 120k and a net result of DKK 30k. CEO: Claus Esbjerg Jepsen.

Bankruptcy risk for North Explorer ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Gross profit growth-30%–-10% · bankruptcy rate 6.3%0.71×

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
42789917
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
c/o imerfik B-559, Imekarfik
3940 Paamiut
Municipality
Sermersooq
Industry
Sø- og kysttransport af passagerer (501000)
Bankruptcies in the industry: Sø- og kysttransport af gods
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 4
Missing annual reportNo
Negative equityNo
Equity ratio42.0%
Current ratio104%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 108kDKK 131kDKK 114k
Net profitDKK 30kDKK 42kDKK 52k
EquityDKK 120kDKK 170kDKK 89k
Total assetsDKK 286kDKK 375kDKK 430k
CashDKK 1,000DKK 1,000–
Short-term debtDKK 166kDKK 205k–
Tax owedDKK 57kDKK 43k–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025212 Late
1 Jan 2024 – 31 Dec 2024191 Late
1 Jan 2023 – 31 Dec 2023332 Late
14 Oct 2021 – 31 Dec 2022186 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
CEOClaus Esbjerg JepsenCurrent
CEOClaus Esbjerg Jepsen
Owner (100%)Claus Esbjerg JepsenCurrent
FounderClaus Esbjerg JepsenCurrent

The CEOs' other companies

Claus Esbjerg Jepsen – 3 other companies, of which 2 bankrupt

Address history (0 moves)

c/o imerfik B-559, Imekarfik, 3940 Paamiut

Former names

North Explorer ApS – now
North Explorer IVS –

Similar companies in Sermersooq

Questions and answers about North Explorer ApS

Has North Explorer ApS gone bankrupt?

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

What is the bankruptcy risk of North Explorer ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of North Explorer ApS?

Claus Esbjerg Jepsen is the CEO of North Explorer ApS.

When was North Explorer ApS founded?

North Explorer ApS was founded on 14 October 2021.

What is the equity of North Explorer ApS?

Equity was DKK 120k 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.