MUSIKHUSET HJØRRING ApS

CVR 10651735 · Private limited company (ApS) · Active · Low risk

MUSIKHUSET HJØRRING ApS is a Private limited company (ApS), founded on , based in Nørresundby. The company is registered in the industry detailhandel med musikinstrumenter. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK -352k and a net result of DKK 130k. CEO: Teodor Atanassov Georgiev.

Bankruptcy risk for MUSIKHUSET HJØRRING ApS

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

Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
10651735
Status
Active
Company type
Private limited company (ApS)
Founded
(39 years)
Address
c/o Musikhuset Aalborg, Østergade 29A
9400 Nørresundby
Municipality
Aalborg
Industry
Detailhandel med musikinstrumenter (476910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 200k
Employees
2 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityYes
Equity ratio-29.0%
Current ratio78%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 741kDKK 529k
Net profitDKK 130kDKK -356k
EquityDKK -352kDKK -483k
Total assetsDKK 1.2mDKK 860k
CashDKK 263k–
Short-term debtDKK 1.6m–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025108
1 Jul 2023 – 30 Jun 2024113
1 Jul 2022 – 30 Jun 2023143
1 Jul 2021 – 30 Jun 2022140
1 Jul 2020 – 30 Jun 2021128
1 Jul 2019 – 30 Jun 2020153
1 Jul 2018 – 30 Jun 2019113
1 Jul 2017 – 30 Jun 2018138
1 Jul 2016 – 30 Jun 2017167
1 Jul 2015 – 30 Jun 2016159
1 Jul 2014 – 30 Jun 2015157
1 Jul 2013 – 30 Jun 2014126
1 Jul 2012 – 30 Jun 2013165
1 Jul 2011 – 30 Jun 2012117
1 Jul 2010 – 30 Jun 2011157
1 Jul 2009 – 30 Jun 2010119
1 Jul 2008 – 30 Jun 2009161
1 Jul 2007 – 30 Jun 200886
1 Jul 2006 – 30 Jun 2007159
1 Jul 2005 – 30 Jun 2006153

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
CEOTeodor Atanassov GeorgievCurrent
CEOAllan Ahrensbach
CEOJørgen Sejfert Jensen
CEOClaus Heidemann Madsen
Owner (100%)Teodor Atanassov GeorgievCurrent
Owner (50%)Jørgen Sejfert Jensen
Owner (50%)Claus Heidemann Madsen
AuditorGrant Thornton, Godkendt RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorKvist & Jensen SR, Aalborg A/S
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
FounderAllan AhrensbachCurrent
FounderJørgen Sejfert JensenCurrent
FounderClaus Heidemann MadsenCurrent

Address history (3 moves)

c/o Musikhuset Aalborg, Østergade 29A, 9400 Nørresundby
Nørregade 21A, 9800 Hjørring
Frederikshavnsvej 76, 9800 Hjørring
Frederikshavnsvej 76, 9800 Hjørring

Employees per year

Number of employees at MUSIKHUSET HJØRRING ApS per year242011: 420112012: 320122013: 320132014: 320142015: 320152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Aalborg

Questions and answers about MUSIKHUSET HJØRRING ApS

Has MUSIKHUSET HJØRRING ApS gone bankrupt?

No, MUSIKHUSET HJØRRING ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MUSIKHUSET HJØRRING ApS?

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 MUSIKHUSET HJØRRING ApS?

Teodor Atanassov Georgiev is the CEO of MUSIKHUSET HJØRRING ApS.

Who is the auditor of MUSIKHUSET HJØRRING ApS?

MUSIKHUSET HJØRRING ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was MUSIKHUSET HJØRRING ApS founded?

MUSIKHUSET HJØRRING ApS was founded on 11 March 1987.

What is the equity of MUSIKHUSET HJØRRING ApS?

Equity was DKK -352k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.