Owners, management and financials
CVR: 12479182
Secondary names: Hotel Arctic A/S, WORLD OF GREENLAND A/S, Ataa Lodge A/S
Previous names: ASX MB 15 ApS, A/S HOTEL ARCTIC, ILULISSAT
DKK 51,228,000
Gross profit
Net result: DKK 2,644,000
AIR GREENLAND A/S (100%)
CVR · view owners
Morten Bjarne Nielsen
Board: Malik Peter Hegelund Olsen (chair) and 5 members
CVR · view management
Active
Founded 1 September 1988
CVR · view overview
75 employees
Annual report 2025 · average
Name registered: Arctic Hospitality Corporation A/S
CVR · 23/07/2024
View the full event history
Arctic Hospitality Corporation A/S is a Danish company of the type Aktieselskab based in Ilulissat, founded in 1988. The company is registered under the industry Drift af hoteller og lignende overnatningsfaciliteter. The company was previously named A/S HOTEL ARCTIC, ILULISSAT and ASX MB 15 ApS. The management consists of Morten Bjarne Nielsen. The board consists of Malik Peter Hegelund Olsen (chair), Christopher Mark Shern, Ella Cathrine Grødem and Jacob Nitter Sørensen. The company is owned by AIR GREENLAND A/S. According to the 2025 annual report, the company had an average of 75 employees. In 2025, the company reported a gross profit of DKK 51,228,000 and a net result of DKK 2,644,000 compared with DKK 228,000 the year before. Equity in the 2025 report amounted to DKK 83,015,000.
Source: annual report 2025, Danish Business Authority
Arctic Hospitality Corporation A/S demonstrates a positive trajectory in gross profit and profitability over recent years, with gross profit increasing from 26.4 million DKK in 2021 to 51.2 million DKK in 2025. Profitability has also improved significantly, rising from 90,000 DKK in 2021 to 2.6 million DKK in 2025, indicating effective cost management and operational efficiency. The company's equity position has strengthened, growing from 64.6 million DKK in 2021 to 83 million DKK in 2025, suggesting a solid foundation for future growth. However, the absence of revenue data raises concerns about transparency and overall market positioning within the hotel and accommodation industry.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at drive hotel-, restaurations- og udskænkningsvirksomhed samt al anden hertil knyttet og beslægtet virksomhed, herunder at eje, forpagte, bortforpagte, leje eller udleje bygninger og driftsmidler i tilknytning til hoteldrift, samt arrangere og formidle selskabsrejser og anden hermed beslægtet virksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | - | 2.6 mio. | 213.1 mio. | 83 mio. | 75 | |
| 202401/01/2024 – 31/12/2024 | - | 228 t. | 216.6 mio. | 80.4 mio. | 84 | |
| 202301/01/2023 – 31/12/2023 | - | 565 t. | 137.3 mio. | 69.6 mio. | 60 | |
| 202201/01/2022 – 31/12/2022 | - | 4.5 mio. | 115.8 mio. | 69.1 mio. | 65 | |
| 202101/01/2021 – 31/12/2021 | - | 90 t. | 102.4 mio. | 64.6 mio. | 51 | |
| 202001/01/2020 – 31/12/2020 | 28.5 mio. | -9.2 mio. | 103 mio. | 64.5 mio. | 51 | |
| 201901/01/2019 – 31/12/2019 | 51 mio. | 6.1 mio. | 114.7 mio. | 73.7 mio. | 66 |
Compared to 759 companies in Drift af hoteller og lignende overnatningsfaciliteter
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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Read about the CDS scoreThe CVR number of Arctic Hospitality Corporation A/S is 12479182.
Arctic Hospitality Corporation A/S is owned by AIR GREENLAND A/S.
The management of Arctic Hospitality Corporation A/S consists of Morten Bjarne Nielsen.
The board of Arctic Hospitality Corporation A/S consists of Malik Peter Hegelund Olsen, Christopher Mark Shern and Ella Cathrine Grødem, with Malik Peter Hegelund Olsen as chair.
In 2025, Arctic Hospitality Corporation A/S reported a gross profit of DKK 51,228,000.
Arctic Hospitality Corporation A/S had an average of 75 employees in the 2025 financial year according to the annual report.
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Arctic Hospitality Corporation A/S has published its annual report for 2025. Gross profit came to DKK 51,228,000, and the net result was DKK 2,644,000.
As of February 1, 2026, Grønlands Revision Godkendt Revisionspartnerselskab has been appointed auditor of Arctic Hospitality Corporation A/S.
As of February 1, 2026, Grønlands Revision A/S, statsautoriserede revisorer has stepped down as auditor of Arctic Hospitality Corporation A/S.
As of January 1, 2026, Christopher Mark Shern has joined the board of directors of Arctic Hospitality Corporation A/S.
As of January 1, 2026, Mogens Errebo Jensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of January 1, 2026, Jacob Nitter Sørensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of December 31, 2025, Bodil Marie Damgaard has left the board of directors of Arctic Hospitality Corporation A/S.
As of December 31, 2025, Charlotte Ann Pedersen has left the board of directors of Arctic Hospitality Corporation A/S.
As of December 31, 2025, Robert Gurney has left the board of directors of Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S has published its annual report for 2024. Gross profit came to DKK 44,807,000, and the net result was DKK 228,000.
As of September 5, 2024, Steen Jensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Malik Peter Hegelund Olsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Bodil Marie Damgaard has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Charlotte Ann Pedersen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Ella Cathrine Grødem has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Robert Gurney has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Mikkel Bjergsø has left the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Henrik Bjørner Søe has left the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Jóhannes Jensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Mogens Errebo Jensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of September 5, 2024, Jacob Nitter Sørensen has left the board of directors of Arctic Hospitality Corporation A/S.
On July 23, 2024, the company changed its name from A/S HOTEL ARCTIC, ILULISSAT to Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S has published its annual report for 2023. Gross profit came to DKK 32,285,000, and the net result was DKK 565,000.
Arctic Hospitality Corporation A/S has published its annual report for 2022. Gross profit came to DKK 37,178,000, and the net result was DKK 4,452,000.
Arctic Hospitality Corporation A/S has published its annual report for 2021. Gross profit came to DKK 26,357,000, and the net result was DKK 90,000.
Arctic Hospitality Corporation A/S has published its annual report for 2020. Revenue came to DKK 28,492,000, and the net result was DKK -9,169,000.
As of February 24, 2021, Mikkel Bjergsø has joined the board of directors of Arctic Hospitality Corporation A/S.
As of February 24, 2021, Jóhannes Jensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of November 12, 2020, Henrik Bjørner Søe has joined the board of directors of Arctic Hospitality Corporation A/S.
As of November 12, 2020, Jacob Nitter Sørensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of November 12, 2020, Kjeld Zacho Jørgensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of November 11, 2020, Jacob Nitter Sørensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of November 2, 2020, Grønlands Revision A/S, statsautoriserede revisorer has been appointed auditor of Arctic Hospitality Corporation A/S.
As of November 1, 2020, GRØNLANDS REVISIONSKONTOR A/S, STATSAUTORISEREDE REVISORER has stepped down as auditor of Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S has published its annual report for 2019. Revenue came to DKK 51,014,000, and the net result was DKK 6,104,000.
As of February 20, 2020, Kjeld Zacho Jørgensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of February 20, 2020, David Olsen has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 20, 2020, Carl Ove Nielsen has left the board of directors of Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S has published its annual report for 2018.
As of August 31, 2018, GRØNLANDS REVISIONSKONTOR A/S, STATSAUTORISEREDE REVISORER has been appointed auditor of Arctic Hospitality Corporation A/S.
As of August 31, 2018, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Arctic Hospitality Corporation A/S.
As of August 31, 2018, Jacob Nitter Sørensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of August 31, 2018, Morten Bjarne Nielsen is registered as director of Arctic Hospitality Corporation A/S.
As of August 31, 2018, Erik Bjerregaard Jørgensen has stepped down as director of Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S has published its annual report for 2017.
As of June 13, 2017, Michael Sloth Højgaard has left the board of directors of Arctic Hospitality Corporation A/S.
As of July 7, 2016, David Olsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of November 20, 2015, Mogens Errebo Jensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of October 28, 2015, Morten Bjarne Nielsen has left the board of directors of Arctic Hospitality Corporation A/S.
As of March 5, 2014, Michael Sloth Højgaard has joined the board of directors of Arctic Hospitality Corporation A/S.
As of March 5, 2014, Magnus Agerskov has left the board of directors of Arctic Hospitality Corporation A/S.
As of March 5, 2014, Lone Njor Hulth has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 15, 2012, Magnus Agerskov has joined the board of directors of Arctic Hospitality Corporation A/S.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Arctic Hospitality Corporation A/S.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Arctic Hospitality Corporation A/S.
As of December 31, 2009, Michael Binzer has left the board of directors of Arctic Hospitality Corporation A/S.
As of May 30, 2007, Carl Ove Nielsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of May 30, 2007, Morten Bjarne Nielsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of May 30, 2007, Michael Binzer has joined the board of directors of Arctic Hospitality Corporation A/S.
As of May 30, 2007, Peter Flemming Knudsen has left the board of directors of Arctic Hospitality Corporation A/S.
As of March 21, 2005, Lone Njor Hulth has joined the board of directors of Arctic Hospitality Corporation A/S.
As of March 8, 2005, Peter Flemming Knudsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of March 8, 2005, Flemming Bolø has left the board of directors of Arctic Hospitality Corporation A/S.
As of October 6, 2003, Finn Øelund has left the board of directors of Arctic Hospitality Corporation A/S.
As of May 13, 2002, Erik Bjerregaard Jørgensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of September 19, 2000, Finn Øelund has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 19, 2000, Peter Fich has left the board of directors of Arctic Hospitality Corporation A/S.
As of May 1, 1997, Peter Fich has joined the board of directors of Arctic Hospitality Corporation A/S.
As of May 1, 1997, Ole Bjerregaard has left the board of directors of Arctic Hospitality Corporation A/S.
As of November 28, 1996, Stig Næsh Hendriksen has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 24, 1995, Egon Sørensen has left the board of directors of Arctic Hospitality Corporation A/S.
As of July 17, 1991, Svenn-Jørgen Gravengaard has left the board of directors of Arctic Hospitality Corporation A/S.
As of May 10, 1991, Jan Knud Rasmussen has left the board of directors of Arctic Hospitality Corporation A/S.
On February 24, 1989, the company changed its name from ASX MB 15 ApS to A/S HOTEL ARCTIC, ILULISSAT.
As of February 23, 1989, Jens Christian Bærentsen has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 23, 1989, Kield-Gustav Erichsen has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 23, 1989, Ole Horsfeldt has left the board of directors of Arctic Hospitality Corporation A/S.
As of February 23, 1989, Kield-Gustav Erichsen has stepped down as director of Arctic Hospitality Corporation A/S.
As of January 29, 1989, AIR GREENLAND A/S is registered as an owner of Arctic Hospitality Corporation A/S with an ownership share of 100%.
As of September 1, 1988, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Egon Sørensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Jens Christian Bærentsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Ole Bjerregaard has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Kield-Gustav Erichsen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Jan Knud Rasmussen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Ole Horsfeldt has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Erik Bjerregaard Jørgensen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Flemming Bolø has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Stig Næsh Hendriksen has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Svenn-Jørgen Gravengaard has joined the board of directors of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Kield-Gustav Erichsen is registered as director of Arctic Hospitality Corporation A/S.
As of September 1, 1988, Erik Bjerregaard Jørgensen is registered as director of Arctic Hospitality Corporation A/S.
Arctic Hospitality Corporation A/S was founded on September 1, 1988.
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