MUSIC QUAY A/S

CVR 25843843 · Public limited company (A/S) · Active · Low risk

MUSIC QUAY A/S is a Public limited company (A/S), founded on , based in København Ø. The company is registered in the industry agenturhandel med specialiseret varesortiment, bortset fra køretøjer. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 20 annual reports have been published. The latest annual report (30 Jun 2026) shows equity of DKK 262k and a net result of DKK -17k. CEO: Michael Quvang.

Bankruptcy risk for MUSIC QUAY A/S

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · 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
25843843
Status
Active
Company type
Public limited company (A/S)
Founded
(25 years)
Address
Reersøgade 6, st. th
2100 København Ø
Municipality
København
Industry
Agenturhandel med specialiseret varesortiment, bortset fra køretøjer (461890)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
0 (2018)
Auditor
PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 25
Missing annual reportNo
Negative equityNo
Equity ratio65.6%
Current ratio291%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
Gross profitDKK 59kDKK 145kDKK 174k
Net profitDKK -17kDKK -6,670DKK 27k
EquityDKK 262kDKK 279kDKK 286k
Total assetsDKK 399kDKK 457kDKK 464k
CashDKK 40kDKK 95k–
Short-term debtDKK 137kDKK 178k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PKF Munkebo Eriksen Funch, Statsautoriseret Revisions­aktie­selskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2025 – 30 Jun 202690
1 Jul 2024 – 30 Jun 2025126
1 Jul 2023 – 30 Jun 202439
1 Jul 2022 – 30 Jun 202383
1 Jul 2021 – 30 Jun 2022109
1 Jul 2020 – 30 Jun 2021117
1 Jul 2019 – 30 Jun 202083
1 Jul 2018 – 30 Jun 2019170
1 Jul 2017 – 30 Jun 2018125
1 Jul 2016 – 30 Jun 2017154
1 Jul 2015 – 30 Jun 2016159
1 Jul 2014 – 30 Jun 2015161
1 Jul 2013 – 30 Jun 2014176
1 Jul 2012 – 30 Jun 2013169
1 Jul 2011 – 30 Jun 2012152
1 Jul 2010 – 30 Jun 2011161
1 Jul 2009 – 30 Jun 2010174
1 Jul 2008 – 30 Jun 2009169
1 Jul 2007 – 30 Jun 2008164
1 Jul 2006 – 30 Jun 2007171

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
CEOMichael QuvangCurrent
CEOHenrik Calum
BoardMichael QuvangCurrent
BoardJesper SchertigerCurrent
BoardChristian SchertigerCurrent
BoardPoul Hansen
BoardStefan Christian Fryland
BoardHanne Marie Bjerring
BoardJens Jakob Bugge
BoardJesper Schertiger
BoardTonny Pape
BoardCharlotte Mielko
Owner (100%)MICK HOLDING ApSCurrent
AuditorPKF Munkebo Eriksen Funch, Statsautoriseret RevisionsaktieselskabCurrent
AuditorNIELSEN & CHRISTENSEN, STATSAUTORISERET REVISIONSAKTIESELSKAB, HASSERIS
AuditorTPLG ApS
FounderAdvokatfirmaet Børge Nielsen I/SCurrent

The CEOs' other companies

Michael Quvang – 3 other companies

Henrik Calum – 59 other companies, of which 59 bankrupt

Address history (5 moves)

Reersøgade 6, st. th, 2100 København Ø
Reersøgade 6, st. th, 2100 København Ø
Nøddehegnet 3, 2960 Rungsted Kyst
Rådhusstræde 3A, 1466 København K
Ellegårdsvej 5, 2750 Ballerup
c/o advokat Børge Nielsen, Hasserisvej 174, 9000 Aalborg

Former names

MUSIC QUAY A/S – now
MQ A/S –
KICK MUSIK A/S –
ABN NR.426 ApS –

Employees per year

Number of employees at MUSIC QUAY A/S per year112008: 020082011: 120112012: 120122013: 120132015: 120152016: 120162017: 020172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about MUSIC QUAY A/S

Has MUSIC QUAY A/S gone bankrupt?

No, MUSIC QUAY A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of MUSIC QUAY A/S?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of MUSIC QUAY A/S?

Michael Quvang is the CEO of MUSIC QUAY A/S.

Who is the auditor of MUSIC QUAY A/S?

MUSIC QUAY A/S most recently used PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab.

When was MUSIC QUAY A/S founded?

MUSIC QUAY A/S was founded on 11 January 2001.

What is the equity of MUSIC QUAY A/S?

Equity was DKK 262k according to the annual report for the period ending 30 June 2026.

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