ARCTIC COD ApS
CVR 45013545 · Private limited company (ApS) · Active · Very high risk
ARCTIC COD ApS is a Private limited company (ApS), founded on , based in Nuuk. The company is registered in the industry forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel. Our model estimates a bankruptcy risk of 21.6% over the next 12 months, which is 15.3 times the average for Danish companies. 1 annual report has 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 -4.7m and a net result of DKK -4.7m. CEO: Charlie Olsen.
Bankruptcy risk for ARCTIC COD ApS
15.3 × the average (1.41%) · higher risk than 99% 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
- 45013545
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (2 years)
- Address
- Paassaasivik 12
3900 Nuuk - Municipality
- Sermersooq
- Industry
- Forarbejdning og konservering af fisk, krebsdyr og bløddyr, undtagen fiskemel (102020)
Bankruptcies in the industry: Fremstilling af friske bageriprodukter - Share capital
- DKK 40k
- Auditor
- Beierholm Godkendt Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 1 of 1 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -142.7% |
| Current ratio | 31% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 3 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 |
|---|---|
| Gross profit | DKK 5.7m |
| Net profit | DKK -4.7m |
| Equity | DKK -4.7m |
| Total assets | DKK 3.3m |
| Cash | DKK 810k |
| Short-term debt | DKK 6.9m |
| Avg. employees | 19 |
Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Beierholm.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 14 Aug 2024 – 31 Dec 2025 | 189 | 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 | Charlie Olsen | Current | |
| CEO | Michael Anders Thisted | ||
| Owner (100%) | Charlie Olsen | Current | |
| Owner (100%) | Michael Anders Thisted | ||
| Auditor | Beierholm Godkendt Revisionspartnerselskab | Current | |
| Founder | Michael Anders Thisted | Current |
The CEOs' other companies
Charlie Olsen – 2 other companies, of which 1 bankrupt
- ApS 26.08.2024 Bankrupt 1 Oct 2024
- CMC SALMON ApS Compulsorily dissolved
Michael Anders Thisted – 13 other companies, of which 1 bankrupt
- MALERFIRMAET AABOE & CO ApS Bankrupt 21 Mar 2011
- A/S PSE 14 NR. 1197 Active
- Dokumenthuset ApS Opløst
- EJENDOMSANPARTSSELSKABET NANOQ Fusioneret
- EJENDOMSSELSKABET MIO ApS Active
- Ebeltoft 4u ApS Opløst
- Ejendomsselskabet T&T ApS Opløst
- IT PARTNER GREENLAND A/S Opløst
- SØNDERJYSK MALERFORRETNING ApS Compulsorily dissolved
- Thisted Company Holding ApS Opløst
- Thisted Ejendomme ApS Opløst
- V E B HOLDING ApS Fusioneret
- XP AARHUS ApS Fusioneret
Address history (0 moves)
| Paassaasivik 12, 3900 Nuuk |
Other companies at the same address
- KITAA SEAFOOD ApS Bankrupt
- ROMARK SEAFOOD A/S Bankrupt
- Greenland Sea Harvest A/S Compulsorily dissolved
Similar companies in Sermersooq
- Arctic Roe ApS Nuussuaq
- Unik Seafood Greenland A/S Nuuk
- Sigguk Uummannaq ApS Nuuk
- ROYAL GREENLAND A/S Nuuk
- Arctic Fish Greenland A/S Nuuk
- AVANNAA SEAFOOD ApS Nuussuaq
- Sermiligaaq Fish ApS Nuuk
- ApS 26.08.2024 Nuuk
- Nuunnguaq Seafood ApS Nuuk
- Greenland Sea Harvest A/S Nuuk
- Nuussuaq Fish Aps Nuuk
- KITAA SEAFOOD ApS Nuuk
Questions and answers about ARCTIC COD ApS
Has ARCTIC COD ApS gone bankrupt?
No, ARCTIC COD ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of ARCTIC COD ApS?
Our model estimates a bankruptcy risk of 21.6% over the next 12 months (very high risk), which is 15.3 times the average for Danish companies.
Who is the CEO of ARCTIC COD ApS?
Charlie Olsen is the CEO of ARCTIC COD ApS.
Who is the auditor of ARCTIC COD ApS?
ARCTIC COD ApS most recently used Beierholm Godkendt Revisionspartnerselskab.
When was ARCTIC COD ApS founded?
ARCTIC COD ApS was founded on 14 August 2024.
What is the equity of ARCTIC COD ApS?
Equity was DKK -4.7m 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.