TONEART A/S

CVR 34045976 · Public limited company (A/S) · Active · Medium risk

TONEART A/S is a Public limited company (A/S), founded on , based in København K. The company is registered in the industry fremstilling af musikinstrumenter. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 15 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK 14.1m and a net result of DKK 1.6m. CEO: Søren Vincents Svendsen.

Bankruptcy risk for TONEART A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Other companies at the same address100+ · bankruptcy rate 11.5%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×

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
34045976
Status
Active
Company type
Public limited company (A/S)
Founded
(14 years)
Address
Bredgade 6
1260 København K
Municipality
København
Industry
Fremstilling af musikinstrumenter (322000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 1.5m
Auditor
Center-Revision, Kjellerup
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 15
Missing annual reportNo
Negative equityNo
Equity ratio68.7%
Current ratio308%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies2
Other companies at the address117
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 2.1mDKK 3.9mDKK 1.4m
Net profitDKK 1.6mDKK 2.8mDKK 884k
EquityDKK 14.1mDKK 12.5mDKK 9.6m
Total assetsDKK 20.5mDKK 17.5mDKK 16.8m
CashDKK 0DKK 249k–
Short-term debtDKK 5.9mDKK 4.5m–
Tax owedDKK 528kDKK 880k–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Center-Revision, Kjellerup.

Filed annual reports

Reporting periodPublishedDays after period end
1 Oct 2024 – 30 Sep 2025195 Late
1 Oct 2023 – 30 Sep 2024171
1 Oct 2022 – 30 Sep 2023171
1 Oct 2021 – 30 Sep 2022157
1 Oct 2020 – 30 Sep 2021133
1 Oct 2019 – 30 Sep 2020119
1 Oct 2018 – 30 Sep 2019133
1 Oct 2017 – 30 Sep 2018158
1 Oct 2016 – 30 Sep 2017160
1 Oct 2015 – 30 Sep 2016150
1 Oct 2014 – 30 Sep 2015181
1 Oct 2013 – 30 Sep 2014167
1 Oct 2012 – 30 Sep 2013169
1 Oct 2011 – 30 Sep 2012173
1 Oct 2010 – 30 Sep 2011170

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
CEOSøren Vincents SvendsenCurrent
BoardFlemming Bent LindeløvCurrent
BoardSøren Vincents SvendsenCurrent
BoardHenrik Bring LarsenCurrent
BoardFilip West
BoardJesper Sidenius
BoardCarsten Sode West
Owner (67%)BG6 Holding ApSCurrent
Owner (10%)HEGELUND INVEST ApSCurrent
Owner (10%)HenBriLa Invest ApSCurrent
Owner (5%)Flemming Bent Lindeløv
Owner (5%)Henrik Bring Larsen
Owner (0%)Flemming Bent Lindeløv
Owner (90%)BG6 Holding ApS
Owner (10%)Henrik Bring Larsen
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorMulti Revision I/S

The CEOs' other companies

Søren Vincents Svendsen – 6 other companies, of which 2 bankrupt

Address history (0 moves)

Bredgade 6, 1260 København K

Other companies at the same address

Similar companies in København

Questions and answers about TONEART A/S

Has TONEART A/S gone bankrupt?

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

What is the bankruptcy risk of TONEART A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of TONEART A/S?

Søren Vincents Svendsen is the CEO of TONEART A/S.

Who is the auditor of TONEART A/S?

TONEART A/S most recently used Center-Revision, Kjellerup.

When was TONEART A/S founded?

TONEART A/S was founded on 3 November 2011.

What is the equity of TONEART A/S?

Equity was DKK 14.1m according to the annual report for the period ending 30 September 2025.

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