Greenland Graphite A/S

CVR 44059460 · Public limited company (A/S) · Active · High risk

Greenland Graphite A/S is a Public limited company (A/S), founded on , based in Nuuk. The company is registered in the industry anden råstofindvinding i.a.n.. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 2 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Nov 2025) shows equity of DKK -13k and a net result of DKK -21k. CEO: Stefan Bernstein.

Bankruptcy risk for Greenland Graphite 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

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Published annual reports2 · bankruptcy rate 16.7%1.9×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×

Reduces the risk

Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · 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×

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
44059460
Status
Active
Company type
Public limited company (A/S)
Founded
(3 years)
Address
c/o Nuna Law, Qullilerfik 2, 6.
3900 Nuuk
Municipality
Sermersooq
Industry
Anden råstofindvinding i.a.n. (089900)
Bankruptcies in the industry: Grus- og sandgravning: indvinding af ler og kaolin
Share capital
DKK 400k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 2
Missing annual reportNo
Negative equityYes
Equity ratio-24.2%
Current ratio50%
Moves (last 2 years)2
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address70
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK -21kDKK -38k
Net profitDKK -21kDKK -38k
EquityDKK -13kDKK 8,412
Total assetsDKK 52kDKK 28k
CashDKK 1,227DKK 150
Short-term debtDKK 65kDKK 19k
Avg. employees00

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Dec 2024 – 30 Nov 2025218 Late
1 Jun 2023 – 30 Nov 2024194 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
CEOStefan BernsteinCurrent
CEOJames Edward Meynell Wynn
BoardLars BrünnerCurrent
BoardGeorge FrangeskidesCurrent
BoardMark Anthony AustinCurrent
BoardStefan BernsteinCurrent
Owner (100%)Obsidian Mining LimitedCurrent
FounderObsidian Mining LimitedCurrent

The CEOs' other companies

Stefan Bernstein – 4 other companies

Address history (2 moves)

c/o Nuna Law, Qullilerfik 2, 6., 3900 Nuuk
c/o Lumina Sustainable Materials a/s, Nuukullak, 3900 Nuuk
c/o BDO, Imaneq 33, 3900 Nuuk

Other companies at the same address

Similar companies in Sermersooq

Questions and answers about Greenland Graphite A/S

Has Greenland Graphite A/S gone bankrupt?

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

What is the bankruptcy risk of Greenland Graphite 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 Greenland Graphite A/S?

Stefan Bernstein is the CEO of Greenland Graphite A/S.

Who is the auditor of Greenland Graphite A/S?

Greenland Graphite A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Greenland Graphite A/S founded?

Greenland Graphite A/S was founded on 12 May 2023.

What is the equity of Greenland Graphite A/S?

Equity was DKK -13k according to the annual report for the period ending 30 November 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.