Music2Report ApS

CVR 32786561 · Private limited company (ApS) · Active · High risk

Music2Report ApS is a Private limited company (ApS), founded on , based in København S. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 5.8% over the next 12 months, which is 4.1 times the average for Danish companies. 16 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 84k and a net result of DKK 119k. CEO: Anders Vedsted Nørrelund, Allan Olsen.

Bankruptcy risk for Music2Report ApS

5.8%
probability of bankruptcy within 12 months
High risk

4.1 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%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×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
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×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
32786561
Status
Active
Company type
Private limited company (ApS)
Founded
(16 years)
Address
c/o LegalDesk.dk ApS, Njalsgade 21F, 2.
2300 København S
Municipality
København
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 125k
Employees
3 (2018)
Auditor
V & Co Revision
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 16
Missing annual reportNo
Negative equityNo
Equity ratio17.0%
Current ratio–
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address951
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 858kDKK 702k
Net profitDKK 119kDKK 89k
EquityDKK 84kDKK -35k
Total assetsDKK 492kDKK 300k
CashDKK 376k–
Short-term debtDKK 408k–
Tax owedDKK 0–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · V & Co Revision.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020197 Late
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018177
1 Jan 2017 – 31 Dec 2017169
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015112
1 Jan 2014 – 31 Dec 2014169
1 Jan 2013 – 31 Dec 2013181
1 Jan 2012 – 31 Dec 2012176
1 Jan 2011 – 31 Dec 2011177
1 Mar 2010 – 31 Dec 2010170

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
CEOAnders Vedsted NørrelundCurrent
CEOAllan OlsenCurrent
Owner (50%)NUOVO HOLDING ApSCurrent
Owner (33%)HEADWAY HOLDING ApSCurrent
Owner (50%)HEADWAY HOLDING ApS
AuditorERNST & YOUNG DENMARK P/S
AuditorBrink Larse /Athos, Statsautoriseret Revisionsvirksomhed I/S
AuditorATHOS STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorAIDER Godkendt Revisionsaktieselskab
FounderNUOVO HOLDING ApSCurrent
FounderHEADWAY HOLDING ApSCurrent

The CEOs' other companies

Anders Vedsted Nørrelund – 2 other companies

Allan Olsen – 2 other companies

Address history (6 moves)

c/o LegalDesk.dk ApS, Njalsgade 21F, 2., 2300 København S
Østerlunden 45E, 5000 Odense C
Overgade 41B, st., 5000 Odense C
Fruebjergvej 3, 2100 København Ø
c/o Pareto IT ApS, Esromgade 15, 4. 2405, 2200 København N
c/o Pareto IT ApS, Esromgade 15, 24. 5, 2200 København N
c/o Anders Nørrelund Nielsen, Hostrupsvej 5, 4. th, 1950 Frederiksberg C

Former names

Music2Report ApS – now
Music To Report ApS –
PARETO IT ApS –

Employees per year

Number of employees at Music2Report ApS per year242011: 220112012: 420122013: 220132014: 320142015: 320152016: 420162017: 220172018: 32018

Other companies at the same address

Similar companies in København

Questions and answers about Music2Report ApS

Has Music2Report ApS gone bankrupt?

No, Music2Report ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Music2Report ApS?

Our model estimates a bankruptcy risk of 5.8% over the next 12 months (high risk), which is 4.1 times the average for Danish companies.

Who is the CEO of Music2Report ApS?

Anders Vedsted Nørrelund, Allan Olsen are the CEOs of Music2Report ApS.

Who is the auditor of Music2Report ApS?

Music2Report ApS most recently used V & Co Revision.

When was Music2Report ApS founded?

Music2Report ApS was founded on 1 March 2010.

What is the equity of Music2Report ApS?

Equity was DKK 84k 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.