Owners, management and financials
CVR: 12622465
Secondary names: EKSPLORATION SERVICES GREENLAND A/S
Previous names: XPLORATION SERVICES GREENLAND ApS
DKK 1,864,351
Gross profit
Net result: DKK -1,176,456
Martin Sandy Shalmi (33,33-49,99%), THIN AIR HOLDING ApS (25-33,32%)
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Martin Sandy Shalmi
Board: Anders Lie (chair) and 2 members
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Active
Founded 20 April 2011
CVR · view overview
3 employees
Annual report 2025 · average
Owner registered: Martin Sandy Shalmi
CVR · 18/05/2020
View the full event history
XPLORATION SERVICES GREENLAND A/S is a Danish company of the type Aktieselskab based in Nuussuaq, founded in 2011. The company is registered under the industry Geologiske undersøgelser og prospektering, landinspektører mv.. The company was previously named XPLORATION SERVICES GREENLAND ApS. The management consists of Martin Sandy Shalmi. The board consists of Anders Lie (chair), Claus Østergaard and Martin Sandy Shalmi. The company is owned by Martin Sandy Shalmi, THIN AIR HOLDING ApS and HOT AIR HOLDING ApS. According to the 2025 annual report, the company had an average of 3 employees. In 2025, the company reported a gross profit of DKK 1,864,351 and a net result of DKK -1,176,456 compared with DKK 636,198 the year before. Equity in the 2025 report amounted to DKK 13,207,224.
Source: annual report 2025, Danish Business Authority
The financial health of XPLORATION SERVICES GREENLAND A/S shows a concerning decline in profitability, with a significant loss of 1,176,456 DKK in 2025 following a profitable year in 2024 where it reported a profit of 636,198 DKK. Gross profit has fluctuated, peaking at 9,300,640 DKK in 2022 but dropping to 1,864,351 DKK in 2025. Despite maintaining a solid equity position of 13,207,224 DKK in 2025, the declining profit trend raises concerns about operational efficiency and market positioning within the geological survey and prospecting industry. The company’s ability to stabilize its profit margins and manage expenses will be crucial for its future trajectory.
AI-generated summary · Generated 16/08/2026
Selskabets formål er at levere serviceydelser til råstofbranchen, samt al virksomhed som efter bestyrelsens skøn er beslægtet hermed.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 1.9M | -1.2M | 38.6M | 13.2M | 3 | |
| 202401/01/2024 – 31/12/2024 | 5.4M | 636K | 35.8M | 14.4M | 4 | |
| 202301/01/2023 – 31/12/2023 | 4.3M | 49K | 31M | 13.7M | 4 | |
| 202201/01/2022 – 31/12/2022 | 9.3M | 3.5M | 32.7M | 13.7M | 7 | |
| 202101/01/2021 – 31/12/2021 | 8.9M | 2.6M | 33.2M | 10.7M | 9 | |
| 202001/01/2020 – 31/12/2020 | 7.9M | 1.8M | 29.4M | 8.1M | 9 | |
| 201901/01/2019 – 31/12/2019 | 3.1M | -3.3M | 29.1M | 6.3M | 9 |
Compared to 124 companies in Geologiske undersøgelser og prospektering, landinspektører mv.
Comparison is based on industry median values
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Try the lead list generatorThe CVR number of XPLORATION SERVICES GREENLAND A/S is 12622465.
XPLORATION SERVICES GREENLAND A/S is owned by Martin Sandy Shalmi, THIN AIR HOLDING ApS and HOT AIR HOLDING ApS.
The management of XPLORATION SERVICES GREENLAND A/S consists of Martin Sandy Shalmi.
The board of XPLORATION SERVICES GREENLAND A/S consists of Anders Lie, Claus Østergaard and Martin Sandy Shalmi, with Anders Lie as chair.
In 2025, XPLORATION SERVICES GREENLAND A/S reported a gross profit of DKK 1,864,351.
XPLORATION SERVICES GREENLAND A/S had an average of 3 employees in the 2025 financial year according to the annual report.
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XPLORATION SERVICES GREENLAND A/S has published its annual report for 2025. Gross profit came to DKK 1,864,351, and the net result was DKK -1,176,456.
As of August 18, 2025, BDO Statsautoriseret Revisionspartnerselskab has been appointed auditor of XPLORATION SERVICES GREENLAND A/S.
As of August 18, 2025, A/S PSE 17 NR. 1056 has stepped down as auditor of XPLORATION SERVICES GREENLAND A/S.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2024. Gross profit came to DKK 5,376,158, and the net result was DKK 636,198.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2023. Gross profit came to DKK 4,309,487, and the net result was DKK 48,706.
As of October 1, 2023, A/S PSE 17 NR. 1056 has been appointed auditor of XPLORATION SERVICES GREENLAND A/S.
As of October 1, 2023, EY Denmark ApS has stepped down as auditor of XPLORATION SERVICES GREENLAND A/S.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2022. Gross profit came to DKK 9,300,640, and the net result was DKK 3,502,338.
As of February 1, 2023, EY Denmark ApS has been appointed auditor of XPLORATION SERVICES GREENLAND A/S.
As of February 1, 2023, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of XPLORATION SERVICES GREENLAND A/S.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2021. Gross profit came to DKK 8,882,713, and the net result was DKK 2,618,189.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2020. Gross profit came to DKK 7,888,783, and the net result was DKK 1,805,570.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2019. Gross profit came to DKK 3,134,002, and the net result was DKK -3,254,092.
As of May 18, 2020, Martin Sandy Shalmi is registered as an owner of XPLORATION SERVICES GREENLAND A/S with an ownership share of 33%.
As of March 30, 2020, Anders Lie has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2020, Martin Sandy Shalmi has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2020, Nungo Mariane Pedersen has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2020, Martin Sandy Shalmi is registered as director of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2020, Bent Jensen has stepped down as director of XPLORATION SERVICES GREENLAND A/S.
As of March 29, 2020, Anders Lie has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 29, 2020, Martin Sandy Shalmi has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2018.
XPLORATION SERVICES GREENLAND A/S has published its annual report for 2017.
As of April 1, 2017, Martin Sandy Shalmi has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 1, 2017, Bent Jensen is registered as director of XPLORATION SERVICES GREENLAND A/S.
As of April 1, 2017, Martin Sandy Shalmi has stepped down as director of XPLORATION SERVICES GREENLAND A/S.
As of March 31, 2017, Martin Sandy Shalmi has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2017, Anders Lie has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 30, 2017, Claus Østergaard has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of March 29, 2017, Anders Lie has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of September 25, 2015, Anders Lie has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of September 25, 2015, Claus Østergaard has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of September 25, 2015, Martin Sandy Shalmi has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of September 25, 2015, Nungo Mariane Pedersen has left the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of October 14, 2014, THIN AIR HOLDING ApS is registered as an owner of XPLORATION SERVICES GREENLAND A/S with an ownership share of 25%.
As of October 14, 2014, HOT AIR HOLDING ApS is registered as an owner of XPLORATION SERVICES GREENLAND A/S with an ownership share of 25%.
On October 2, 2014, the company changed its name from XPLORATION SERVICES GREENLAND ApS to XPLORATION SERVICES GREENLAND A/S.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Anders Lie has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Anders Lie has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Claus Østergaard has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Martin Sandy Shalmi has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Martin Sandy Shalmi has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Nungo Mariane Pedersen has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Nungo Mariane Pedersen has joined the board of directors of XPLORATION SERVICES GREENLAND A/S.
As of April 20, 2011, Martin Sandy Shalmi is registered as director of XPLORATION SERVICES GREENLAND A/S.
XPLORATION SERVICES GREENLAND A/S was founded on April 20, 2011.
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