Greenland Airports Regional A/S

CVR 43739972 · Public limited company (A/S) · Active · Very high risk

Greenland Airports Regional A/S is a Public limited company (A/S), founded on , based in Nuussuaq. The company is registered in the industry serviceydelser i forbindelse med luftfart. Our model estimates a bankruptcy risk of 9.7% over the next 12 months, which is 6.9 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK -168.6m and a net result of DKK -341.0m. CEO: Mie Rajcic.

Bankruptcy risk for Greenland Airports Regional A/S

9.7%
probability of bankruptcy within 12 months
Very high risk

6.9 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

Qualification / emphasis of matterYes · bankruptcy rate 29.3%3.3×
CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Company typeA/S · bankruptcy rate 4.4%0.50×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Capital changes2 · bankruptcy rate 5.2%0.59×
Auditor's statementAudit · bankruptcy rate 5.8%0.66×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
43739972
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
Qeqertanut 1
3905 Nuussuaq
Municipality
Sermersooq
Industry
Serviceydelser i forbindelse med luftfart (522300)
Bankruptcies in the industry: Speditører
Share capital
DKK 101.1m
Auditor
Grønlands Revision Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 3
Missing annual reportNo
Negative equityYes
Equity ratio-62.3%
Current ratio76%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 349.6mDKK 461.5mDKK 464.3m
Gross profitDKK 168.3mDKK 199.2mDKK 243.0m
Net profitDKK -341.0mDKK -291.2mDKK -236.1m
EquityDKK -168.6mDKK 172.4mDKK 264.6m
Total assetsDKK 270.8mDKK 367.8mDKK 370.4m
CashDKK 41.0mDKK 180.4m–
Short-term debtDKK 208.7mDKK 136.3m–
Tax owedDKK 578kDKK 11.8m–
Avg. employees288398–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Grønlands Revision, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023155

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
CEOMie RajcicCurrent
CEOHenrik Estrup
BoardAnni ThøgersenCurrent
BoardJens Wittrup WillumsenCurrent
BoardAnette LingsCurrent
BoardKristoffer Plenge-BrandtCurrent
BoardJulia Jensigne Pars
BoardKjeld Zacho Jørgensen
BoardJens Rechnagel Lauridsen
BoardNiels Søren Thomsen
BoardRandi Vestergaard Evaldsen
BoardAnnette Pia Brøndholt Sørensen
Owner (100%)GREENLAND AIRPORTS - MITTARFEQARFIIT A/SCurrent
AuditorGrønlands Revision Godkendt RevisionspartnerselskabCurrent
AuditorGrønlands Revision A/S, statsautoriserede revisorer
FounderGREENLAND AIRPORTS - MITTARFEQARFIIT A/SCurrent

The CEOs' other companies

Mie Rajcic – 8 other companies

Henrik Estrup – 6 other companies

Address history (1 moves)

Qeqertanut 1, 3905 Nuussuaq
Siaqqinneq, 3905 Nuussuaq

Former names

Greenland Airports Regional A/S – now
Mittarfeqarfiit A/S –

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Greenland Airports Regional A/S

Has Greenland Airports Regional A/S gone bankrupt?

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

What is the bankruptcy risk of Greenland Airports Regional A/S?

Our model estimates a bankruptcy risk of 9.7% over the next 12 months (very high risk), which is 6.9 times the average for Danish companies.

Who is the CEO of Greenland Airports Regional A/S?

Mie Rajcic is the CEO of Greenland Airports Regional A/S.

Who is the auditor of Greenland Airports Regional A/S?

Greenland Airports Regional A/S most recently used Grønlands Revision Godkendt Revisionspartnerselskab.

When was Greenland Airports Regional A/S founded?

Greenland Airports Regional A/S was founded on 30 December 2022.

What is the equity of Greenland Airports Regional A/S?

Equity was DKK -168.6m 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.