TIVOLI & CRESCENDI ARTISTS ApS

CVR 30804139 · Private limited company (ApS) · Active · Low risk

TIVOLI & CRESCENDI ARTISTS ApS is a Private limited company (ApS), founded on , based in Hørsholm. The company is registered in the industry levering af andre serviceydelser i forbindelse med kunstnerisk skaben og scenekunst i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 18 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 3.1m and a net result of DKK 300k. CEO: Michael Reinvard Morelli, Ole Justesen.

Bankruptcy risk for TIVOLI & CRESCENDI ARTISTS ApS

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% 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×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×

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
30804139
Status
Active
Company type
Private limited company (ApS)
Founded
(19 years)
Address
c/o Michael Morelli, Mikkelborg Alle 44
2970 Hørsholm
Municipality
Hørsholm
Industry
Levering af andre serviceydelser i forbindelse med kunstnerisk skaben og scenekunst i.a.n. (903920)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 125k
Employees
3 (2018)
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 18
Missing annual reportNo
Negative equityNo
Equity ratio89.9%
Current ratio974%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 1.2mDKK 2.0m
Net profitDKK 300kDKK 955k
EquityDKK 3.1mDKK 2.8m
Total assetsDKK 3.4mDKK 3.5m
CashDKK 2.7m–
Short-term debtDKK 350k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Grant Thornton, Godkendt Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024179
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022181
1 Jan 2021 – 31 Dec 2021176
1 Jan 2020 – 31 Dec 2020164
1 Jan 2019 – 31 Dec 2019187 Late
1 Jan 2018 – 31 Dec 2018136
1 Jan 2017 – 31 Dec 2017164
1 Jan 2016 – 31 Dec 2016142
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014176
1 Jan 2013 – 31 Dec 2013177
1 Jan 2012 – 31 Dec 2012177
1 Jan 2011 – 31 Dec 2011173
1 Jan 2010 – 31 Dec 2010179
1 Jan 2009 – 31 Dec 2009201 Late
1 Jul 2007 – 31 Dec 2008180

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 Reinvard MorelliCurrent
CEOOle JustesenCurrent
CEOVictor Christoffersen
CEOJonas Fosdal Kleyn
Owner (100%)CRESCENDI HOLDING ApSCurrent
AuditorBAAGØE SCHOU STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorMJAKP2 I/S
AuditorMJAKP P/S
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Michael Reinvard Morelli – 3 other companies

Ole Justesen – 3 other companies

Victor Christoffersen – 45 other companies, of which 45 bankrupt

Jonas Fosdal Kleyn – 2 other companies

Address history (5 moves)

c/o Michael Morelli, Mikkelborg Alle 44, 2970 Hørsholm
c/o Ole Justesen, Bakkevej 14, 4180 Sorø
Gammel Kongevej 113, 1. tv, 1850 Frederiksberg C
Læderstræde 9, 4., 1201 København K
Mikkelborg Park 30, 2. th, 2970 Hørsholm
c/o Advokat Victor Christoffersen, Rosenborggade 3, 3., 1130 København K

Former names

TIVOLI & CRESCENDI ARTISTS ApS – now
CRESCENDI ARTIST AND PROJECT MANAGEMENT ApS –
VICH 9823 ApS –

Employees per year

Number of employees at TIVOLI & CRESCENDI ARTISTS ApS per year472011: 420112012: 720122013: 620132014: 420142015: 420152016: 320162017: 320172018: 32018

Other companies at the same address

Similar companies in Hørsholm

Questions and answers about TIVOLI & CRESCENDI ARTISTS ApS

Has TIVOLI & CRESCENDI ARTISTS ApS gone bankrupt?

No, TIVOLI & CRESCENDI ARTISTS ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TIVOLI & CRESCENDI ARTISTS ApS?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TIVOLI & CRESCENDI ARTISTS ApS?

Michael Reinvard Morelli, Ole Justesen are the CEOs of TIVOLI & CRESCENDI ARTISTS ApS.

Who is the auditor of TIVOLI & CRESCENDI ARTISTS ApS?

TIVOLI & CRESCENDI ARTISTS ApS most recently used Grant Thornton, Godkendt Revisionspartnerselskab.

When was TIVOLI & CRESCENDI ARTISTS ApS founded?

TIVOLI & CRESCENDI ARTISTS ApS was founded on 1 July 2007.

What is the equity of TIVOLI & CRESCENDI ARTISTS ApS?

Equity was DKK 3.1m 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.