Isfjord Greenland ApS
CVR 43411373 · Private limited company (ApS) · Active · Low risk
Isfjord Greenland ApS is a Private limited company (ApS), founded on , based in Nuuk. The company is registered in the industry engroshandel med vin og spiritus. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 3 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 384k and a net result of DKK 96k.
Bankruptcy risk for Isfjord Greenland ApS
0.4 × the average (1.41%) · higher risk than 60% of active Danish companies
Increases the risk
Reduces the risk
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
- 43411373
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (4 years)
- Address
- c/o Nuna Advokater, Qullilerfik 2, 6.
3900 Nuuk - Municipality
- Sermersooq
- Industry
- Engroshandel med vin og spiritus (463420)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 40k
- Auditor
- Kreston SR
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 2 of 3 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 59.0% |
| Current ratio | 277% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 70 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 134k | DKK 34k |
| Net profit | DKK 96k | DKK 21k |
| Equity | DKK 384k | DKK 288k |
| Total assets | DKK 650k | DKK 506k |
| Cash | DKK 151k | – |
| Short-term debt | DKK 235k | – |
| Avg. employees | 1 | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kreston SR.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 141 | ||
| 1 Oct 2023 – 30 Sep 2024 | 311 | Late | |
| 26 Jul 2022 – 30 Sep 2023 | 186 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Kelsen | ||
| Owner (100%) | Morten Kelsen | Current | |
| Founder | Morten Kelsen | Current |
The CEOs' other companies
Morten Kelsen – 4 other companies, of which 1 bankrupt
- GREENLAND ICE WATER A/S Bankrupt 16 Jun 2015
- ISFJORD ApS Compulsorily dissolved
- Julianehåb ApS Opløst
- SELSKABET AF 10. SEPTEMBER 2012 ApS Compulsorily dissolved
Address history (0 moves)
| c/o Nuna Advokater, Qullilerfik 2, 6., 3900 Nuuk |
Other companies at the same address
- ANGEL MINING (GOLD) A/S Bankrupt
- Arctic Fishery Alliance ApS Bankrupt
- E. PIHL & SØN, GRØNLAND ApS Bankrupt
- INUITCOM ApS Bankrupt
- Ironbark A/S Bankrupt
- LoveWater Greenland ApS Bankrupt
- ADSERBALLE & KNUDSEN GREENLAND A/S Active
- ALS Greenland ApS Active
- ARC Greenland ApS Opløst
- ARC Joint Venture Company ApS Active
- Arktisk Kompagni ApS Active
- Atlas Technology Solutions Greenland ApS Active
- BLACK ANGEL MINING A/S Active
- Berjaya Greenland Invest A/S Active
- Berjaya Hotels & Resorts A/S Opløst
- Bygma Grønland ApS Active
- CAPRICORN GREENLAND EXPLORATION A/S Opløst
- DSV Air & Sea Greenland ApS Opløst
- Dundas Titanium A/S Active
- EJENDOMSSELSKABET PETER SCHRIVER ApS Active
- EastWest Greenland ApS Compulsorily dissolved
- Eclipse Metals Greenland ApS Active
- GREENLAND BIOTECH A/S Opløst
- GREENLAND OIL COMPANY A/S Opløst
- GREENLAND PROPERTIES A/S Opløst
Questions and answers about Isfjord Greenland ApS
Has Isfjord Greenland ApS gone bankrupt?
No, Isfjord Greenland ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Isfjord Greenland 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 auditor of Isfjord Greenland ApS?
Isfjord Greenland ApS most recently used Kreston SR.
When was Isfjord Greenland ApS founded?
Isfjord Greenland ApS was founded on 26 July 2022.
What is the equity of Isfjord Greenland ApS?
Equity was DKK 384k according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.