Innovation South Greenland A/S

CVR: 40721436

Growing 23% p.a.Small companyEstablished (6 yrs)Breakeven
Active
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Innovation South Greenland A/S demonstrates a positive financial trajectory, with revenue increasing from 6,000,000 DKK in 2020 to 13,525,943 DKK in 2024. Profitability has fluctuated, peaking at 609,506 DKK in 2023 before declining to 234,834 DKK in 2024, indicating potential margin pressures. The company's equity has steadily improved, reaching 2,028,867 DKK in 2024, which strengthens its financial foundation. While the growth in revenue is a key strength, the decline in profit raises concerns about operational efficiency and cost management within the non-financial holding sector.

AI-generated summary

Overview

Company type
A/S
Aktieselskab
Address
Havnevej, 3920 Qaqortoq
KUJALLEQ
3920 Qaqortoq
Founded
8.8.2019

Details

Capital
500.000 kr.

Contact

Website
www.isg.gl

Purpose

Selskabets formål er i eget regi eller via datterselskaber, at yde konsulentbistand til Kommune Kujalleq og erhvervslivet på erhvervsudvikling i hele Kommune Kujalleq samt anvendelse af driftsmidler til erhvervsudviklings-formål og kommunalt finansieret aktiviteter.

Financials

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202413.5 mio.235 t.4.6 mio.2 mio.12

History

Ownership

Innovation South Greenland A/S
CVR: 40721436

Management

Directors

Miki Jensen(DIREKTØR)

Board

Steffen Lund(FORMAND)
Ole Vestergaard(NÆSTFORMAND)
Mogens Humlekrog Greve(BESTYRELSESMEDLEM)

Production units (1)

Innovation South Greenland A/S
P-no: 1024952106
Havnevej, 3920, Qaqortoq
Ikke-finansielle holdingselskaber

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Innovation South Greenland A/S – CVR 40721436 – Financials