ARTCOUSTIC ApS

CVR 26603501 · Private limited company (ApS) · Active · Low risk

ARTCOUSTIC ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry fremstilling af elektronik til husholdninger. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 771k and a net result of DKK 37k. CEO: Patricia Marie Ljungberg, Kim Dønvig-Ehlers.

Bankruptcy risk for ARTCOUSTIC ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Employees (latest year)2–5 · 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×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
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
26603501
Status
Active
Company type
Private limited company (ApS)
Founded
(24 years)
Address
Hesseløgade 16, st. pavl
2100 København Ø
Municipality
København
Industry
Fremstilling af elektronik til husholdninger (264000)
Bankruptcies in the industry: Fremstilling af udstyr til måling, afprøvning, navigation og kontrol
Share capital
DKK 50k
Employees
4 (2018)
Auditor
PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB
Audit opted out
No

Warning signs

Annual reports filed late4 of 24
Missing annual reportNo
Negative equityNo
Equity ratio35.5%
Current ratio151%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address5
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 2.3mDKK 3.2mDKK 2.2m
Net profitDKK 37kDKK 44kDKK -431k
EquityDKK 771kDKK 733kDKK 689k
Total assetsDKK 2.2mDKK 2.1mDKK 2.6m
CashDKK 238kDKK 184k–
Short-term debtDKK 1.4mDKK 1.4m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025138
1 Jan 2024 – 31 Dec 2024140
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022131
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019232 Late
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016146
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014155
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012151
1 Jan 2011 – 31 Dec 2011150
1 Jan 2010 – 31 Dec 2010135
1 Jan 2009 – 31 Dec 2009205 Late
1 Jan 2008 – 31 Dec 2008189 Late
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006149

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
CEOPatricia Marie LjungbergCurrent
CEOKim Dønvig-EhlersCurrent
CEOKim Madsen
CEOKim Rene Hansen
CEOKim Dønvig-Ehlers
BoardKim Madsen
BoardHelle Garde Carlsen
BoardAnnemette Heller
BoardJohn Korsø Jensen
BoardKurt Rühmann
BoardCamilla Rühmann Thomsen
BoardKim Rene Hansen
BoardFlemming Rømer Jensen
BoardKatrine Birger Johansen
BoardPatricia Marie Ljungberg
BoardKim Dønvig-Ehlers
Owner (100%)Artcoustic International LimitedCurrent
AuditorPIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKABCurrent
AuditorERNST & YOUNG DENMARK P/S
AuditorSøren Christensen
AuditorDatoselskabet af den 3. juli 2016 RVT P/S
FounderANPARTSSELSKABET STAKEMANNCurrent

The CEOs' other companies

Kim Madsen – 57 other companies, of which 57 bankrupt

Kim Rene Hansen – 15 other companies, of which 9 bankrupt

Address history (4 moves)

Hesseløgade 16, st. pavl, 2100 København Ø
Holmens Kanal 7, st. tv, 1060 København K
Njalsgade 23, st. tv, 2300 København S
Njalsgade 23, 2300 København S
c/o Stakemann A/S, Kronprinsessegade 18, 1306 København K

Former names

ARTCOUSTIC ApS – now
ARTCOUSTIC A/S –
A/S PSE 38 NR. 2416 –

Employees per year

Number of employees at ARTCOUSTIC ApS per year242011: 320112012: 320122013: 220132014: 320142015: 220152016: 220162017: 320172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about ARTCOUSTIC ApS

Has ARTCOUSTIC ApS gone bankrupt?

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

What is the bankruptcy risk of ARTCOUSTIC ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of ARTCOUSTIC ApS?

Patricia Marie Ljungberg, Kim Dønvig-Ehlers are the CEOs of ARTCOUSTIC ApS.

Who is the auditor of ARTCOUSTIC ApS?

ARTCOUSTIC ApS most recently used PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB.

When was ARTCOUSTIC ApS founded?

ARTCOUSTIC ApS was founded on 2 May 2002.

What is the equity of ARTCOUSTIC ApS?

Equity was DKK 771k according to the annual report for the period ending 31 December 2025.

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