GeoCamp Iceland ApS

CVR 43510290 · Private limited company (ApS) · Active · Medium risk

GeoCamp Iceland ApS is a Private limited company (ApS), founded on , based in Assens. The company is registered in the industry rejsearrangørers aktiviteter. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 3 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 7,681 and a net result of DKK -8,315. CEO: Arnbjörn Olafsson.

Bankruptcy risk for GeoCamp Iceland ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
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×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Equity vs. share capital0–0.5× · bankruptcy rate 11.1%1.3×

Reduces the risk

Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
RegionSyddanmark · bankruptcy rate 6.0%0.68×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
43510290
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
Blangstrupvej 12
5610 Assens
Municipality
Assens
Industry
Rejsearrangørers aktiviteter (791200)
Bankruptcies in the industry: Rejsearrangører
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityNo
Equity ratio43.3%
Current ratio177%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -15kDKK -11kDKK -6,925
Net profitDKK -8,315DKK -14kDKK -10k
EquityDKK 7,681DKK 16kDKK 30k
Total assetsDKK 18kDKK 971kDKK 977k
CashDKK 18kDKK 31k–
Short-term debtDKK 10kDKK 955k–
Avg. employees0––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024176
2 Sep 2022 – 31 Dec 2023235 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
CEOArnbjörn OlafssonCurrent
Owner (50%)Margret Soffia BjørnsdottirCurrent
Owner (50%)Olafur Jon ArnbjornssonCurrent
Owner (100%)GeoCamp Iceland
FounderGeoCamp IcelandCurrent

Address history (3 moves)

Blangstrupvej 12, 5610 Assens
Blangstrupvej 12, 5610 Assens
Glahns Alle 29, st. tv, 2000 Frederiksberg
Byvejen 2, 5620 Glamsbjerg

Similar companies in Assens

Questions and answers about GeoCamp Iceland ApS

Has GeoCamp Iceland ApS gone bankrupt?

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

What is the bankruptcy risk of GeoCamp Iceland ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of GeoCamp Iceland ApS?

Arnbjörn Olafsson is the CEO of GeoCamp Iceland ApS.

When was GeoCamp Iceland ApS founded?

GeoCamp Iceland ApS was founded on 2 September 2022.

What is the equity of GeoCamp Iceland ApS?

Equity was DKK 7,681 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.