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Innovation South Greenland A/S

CVR: 40721436

Growing 18% p.a.Small companyEstablished (6 yrs)Profitable
Active
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Innovation South Greenland A/S has demonstrated a positive financial trajectory, with revenue increasing from 6.65 million DKK in 2021 to 13.57 million DKK in 2025. Profitability has improved significantly, with a notable profit of 609,506 DKK in 2023, followed by 582,706 DKK in 2025, indicating a recovery from previous losses. The company's equity has also strengthened, rising from 304,716 DKK in 2021 to 2,611,574 DKK in 2025, reflecting solid growth and stability. However, the company operates in a competitive non-financial holding sector, and its ability to maintain margins and manage potential debt will be crucial for sustaining this upward trend.

AI-generated summary

Overview

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

Details

Industry
Ikke-finansielle holdingselskaber
Code: 642120
Capital
500.000 kr.

Contact

Phone
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Email
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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
202513.6 mio.583 t.4.1 mio.2.6 mio.11

Industry Benchmarks

View industry report

Compared to 50.000 companies in Ikke-finansielle holdingselskaber

Revenue
Company13.6 mio.
Industry median147 t.
92.1x
Profit margin
Company4.3%
Industry median160.0%
37.3x below
Employees
Company11
Industry median1
11.0x
Equity ratio
Company63.0%
Industry median95.0%
34% below

Comparison is based on industry median values

Ownership

Owners
Kommune Kujalleq
CVR: 31291321
100%
Innovation South Greenland A/S
CVR: 40721436

Management

Directors

Miki Jensen(DIREKTØR)

Board

Steffen Lund(FORMAND)
Kattie Pauline Nielsen(NÆSTFORMAND)
Ole Vestergaard(NÆSTFORMAND)
Anne Marie Naussunguaq Hindby Borg(BESTYRELSESMEDLEM)
Jonna Elna Lone Jakobine Jensen(BESTYRELSESMEDLEM)
Minik Pilutaq Kristen Dahl Høegh(BESTYRELSESMEDLEM)
Mogens Humlekrog Greve(BESTYRELSESMEDLEM)
Salomon Kasper John Motzfeldt(BESTYRELSESMEDLEM)

Founders

Kommune Kujalleq

Production units (1)

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

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History

2 events (+52)
2026
Auditor leftMar 24, 2026

DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB resigned as auditor

2025
New board memberJul 17, 2025

Minik Pilutaq Kristen Dahl Høegh joined the board

See 52 more events with Pro