KIRSTEN LINGS POLARMAGASINET A/S

CVR 66750817 · Public limited company (A/S) · Active · Low risk

KIRSTEN LINGS POLARMAGASINET A/S is a Public limited company (A/S), founded on , based in Narsaq. The company is registered in the industry detailhandel med tøj. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 14.8m and a net result of DKK 1.6m. CEO: Michael Hegnet Mylliin Lings.

Bankruptcy risk for KIRSTEN LINGS POLARMAGASINET A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 33% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO changes1 · bankruptcy rate 11.4%1.3×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
66750817
Status
Active
Company type
Public limited company (A/S)
Founded
(45 years)
Address
Niels Bohr'S Plads
3921 Narsaq
Municipality
Kujalleq
Industry
Detailhandel med tøj (477110)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 520k
Auditor
REVIFJORD Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityNo
Equity ratio88.6%
Current ratio1,241%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.3mDKK 4.2mDKK 4.1m
Net profitDKK 1.6mDKK 1.5mDKK 1.0m
EquityDKK 14.8mDKK 13.3mDKK 12.7m
Total assetsDKK 16.7mDKK 14.9mDKK 15.6m
CashDKK 5.2mDKK 2.3m–
Short-term debtDKK 1.0mDKK 1.0m–
Tax owedDKK 87kDKK 40k–
Avg. employees06–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · ReviFjordGodkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025202 Late
1 Jan 2024 – 31 Dec 2024196 Late
1 Jan 2023 – 31 Dec 2023207 Late
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021206 Late
1 Jan 2020 – 31 Dec 2020210 Late
1 Jan 2019 – 31 Dec 2019174
1 Jan 2018 – 31 Dec 2018169
1 Jan 2017 – 31 Dec 2017179

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
CEOMichael Hegnet Mylliin LingsCurrent
CEOKirsten Køhl Lings
BoardMichael Hegnet Mylliin LingsCurrent
BoardKirsten Køhl LingsCurrent
BoardSys Margrethe Hegnet LingsCurrent
BoardOle Mylliin Lings
BoardJørgen Mylliin Lings
Owner (50%)Michael Hegnet Mylliin LingsCurrent
Owner (50%)Kirsten Køhl LingsCurrent
AuditorREVIFJORD Godkendt RevisionspartnerselskabCurrent
AuditorJan Sigsten Pedersen
AuditorREVIKON I/S
AuditorPHA Revision

The CEOs' other companies

Michael Hegnet Mylliin Lings – 4 other companies, of which 1 bankrupt

Kirsten Køhl Lings – 2 other companies, of which 1 bankrupt

Address history (0 moves)

Niels Bohr'S Plads, 3921 Narsaq

Similar companies in Kujalleq

Questions and answers about KIRSTEN LINGS POLARMAGASINET A/S

Has KIRSTEN LINGS POLARMAGASINET A/S gone bankrupt?

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

What is the bankruptcy risk of KIRSTEN LINGS POLARMAGASINET A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of KIRSTEN LINGS POLARMAGASINET A/S?

Michael Hegnet Mylliin Lings is the CEO of KIRSTEN LINGS POLARMAGASINET A/S.

Who is the auditor of KIRSTEN LINGS POLARMAGASINET A/S?

KIRSTEN LINGS POLARMAGASINET A/S most recently used REVIFJORD Godkendt Revisionspartnerselskab.

When was KIRSTEN LINGS POLARMAGASINET A/S founded?

KIRSTEN LINGS POLARMAGASINET A/S was founded on 26 October 1981.

What is the equity of KIRSTEN LINGS POLARMAGASINET A/S?

Equity was DKK 14.8m 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.