Gardaq A/S

CVR 43654543 · Public limited company (A/S) · Active · High risk

Gardaq A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry brydning af andre ikke-jernholdige metalmalme. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 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 (31 Dec 2025) shows equity of DKK -6.2m and a net result of DKK -4.2m. CEO: James Andrew Gilbertson.

Bankruptcy risk for Gardaq A/S

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

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO0.5–1 yrs · bankruptcy rate 15.6%1.8×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×
Capital changes3+ · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
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
43654543
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
c/o Nuna Advokater, Qullilerfik 2, 6.
3900 Nuuk
Municipality
Sermersooq
Industry
Brydning af andre ikke-jernholdige metalmalme (072900)
Bankruptcies in the industry: Brydning af andre ikke-jernholdige metalmalme
Share capital
DKK 1.1m
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-221.9%
Current ratio30%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address70
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -4.6mDKK -17.3mDKK -15.2m
Net profitDKK -4.2mDKK -16.8mDKK -15.5m
EquityDKK -6.2mDKK -2.1mDKK 14.8m
Total assetsDKK 2.8mDKK 5.0mDKK 18.8m
CashDKK 2.6mDKK 4.8m–
Short-term debtDKK 9.0mDKK 7.1m–
Avg. employees25–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors reviewerklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025198 Late
1 Jan 2024 – 31 Dec 2024197 Late
17 Nov 2022 – 31 Dec 2023172

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
CEOJames Andrew GilbertsonCurrent
CEOJoan Plant
BoardJoan PlantCurrent
BoardStephen Ross McCormikCurrent
BoardDavid Simon Edgar ButlerCurrent
BoardJames Andrew GilbertsonCurrent
BoardEdward Ashley WestroppCurrent
BoardEldur Olafsson
BoardMarthinus Jacobus Crouse
Owner (50%)Amaroq Ltd.Current
Owner (33%)GCAM LPCurrent
Owner (100%)Amaroq Ltd.
FounderAmaroq Minerals Ltd.Current

Address history (0 moves)

c/o Nuna Advokater ApS, Qullilerfik 2, 6., 3900 Nuuk

Former names

Gardaq A/S – now
Gardaq ApS –

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Gardaq A/S

Has Gardaq A/S gone bankrupt?

No, Gardaq A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Gardaq A/S?

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 Gardaq A/S?

James Andrew Gilbertson is the CEO of Gardaq A/S.

Who is the auditor of Gardaq A/S?

Gardaq A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Gardaq A/S founded?

Gardaq A/S was founded on 17 November 2022.

What is the equity of Gardaq A/S?

Equity was DKK -6.2m 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.