Explore Ilulissat ApS

CVR 43242512 · Private limited company (ApS) · Active · Low risk

Explore Ilulissat ApS is a Private limited company (ApS), founded on , based in Ilulissat. The company is registered in the industry drift af andre forlystelser og fritidsaktiviteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 4 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 750k and a net result of DKK 294k. CEO: Sabine Laila Sandgreen.

Bankruptcy risk for Explore Ilulissat ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
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×
Equity vs. share capital2–5× · 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
43242512
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Sabine Laila Sandgreen, Akinnguata Qaava 11
3952 Ilulissat
Municipality
Avannaata
Industry
Drift af andre forlystelser og fritidsaktiviteter (932990)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 250k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 4
Missing annual reportNo
Negative equityNo
Equity ratio38.0%
Current ratio68%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 1.1mDKK 956k
Gross profitDKK 670kDKK 714k
Net profitDKK 294kDKK 328k
EquityDKK 750kDKK 455k
Total assetsDKK 2.0mDKK 2.1m
Short-term debtDKK 216k–
Tax owedDKK 49k–
Avg. employees1–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025116
1 Jan 2024 – 31 Dec 2024132
1 Jan 2023 – 31 Dec 2023316 Late
13 Apr 2022 – 31 Dec 2022172

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
CEOSabine Laila SandgreenCurrent
CEOSabine Laila Sandgreen
Owner (100%)Sabine Laila SandgreenCurrent
FounderSabine Laila SandgreenCurrent

The CEOs' other companies

Sabine Laila Sandgreen – 2 other companies

Address history (0 moves)

c/o Sabine Laila Sandgreen, Akinnguata Qaava 11, 3952 Ilulissat

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Questions and answers about Explore Ilulissat ApS

Has Explore Ilulissat ApS gone bankrupt?

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

What is the bankruptcy risk of Explore Ilulissat ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Explore Ilulissat ApS?

Sabine Laila Sandgreen is the CEO of Explore Ilulissat ApS.

When was Explore Ilulissat ApS founded?

Explore Ilulissat ApS was founded on 13 April 2022.

What is the equity of Explore Ilulissat ApS?

Equity was DKK 750k 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.