BODY OF WORK ApS

CVR 34055416 · Private limited company (ApS) · Active · Low risk

BODY OF WORK ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 14 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 592k and a net result of DKK 260k. CEO: Asbjørn Toftdahl Terkelsen.

Bankruptcy risk for BODY OF WORK ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Return on assets15%+ · 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
34055416
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
c/o Asbjørn Toftdahl Terkelsen, Nørre Allé 23B, 2.
8000 Aarhus C
Municipality
Aarhus
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 14
Missing annual reportNo
Negative equityNo
Equity ratio76.2%
Current ratio420%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 334k–
Net profitDKK 260k–
EquityDKK 592k–
Total assetsDKK 777k–
CashDKK 715k–
Short-term debtDKK 185k–
Tax owedDKK 13k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025162
1 Jan 2024 – 31 Dec 2024171
1 Jan 2023 – 31 Dec 2023162
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020185 Late
1 Jan 2019 – 31 Dec 2019246 Late
1 Jan 2018 – 31 Dec 2018162
1 Jan 2017 – 31 Dec 2017150
1 Jan 2016 – 31 Dec 2016150
1 Jan 2015 – 31 Dec 2015151
1 Jan 2014 – 31 Dec 2014151
1 Jan 2013 – 31 Dec 2013150
14 Nov 2011 – 31 Dec 2012156

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
CEOAsbjørn Toftdahl TerkelsenCurrent
Owner (100%)ASBJORNMUSIC ApSCurrent
Owner (50%)MUSICMATTERS ApS
Owner (50%)ASBJORNMUSIC ApS
AuditorJS Revision ApS
FounderAsbjørn Toftdahl TerkelsenCurrent
FounderMUSICMATTERS ApSCurrent

The CEOs' other companies

Asbjørn Toftdahl Terkelsen – 1 other companies

Address history (1 moves)

c/o Asbjørn Toftdahl Terkelsen, Nørre Allé 23B, 2., 8000 Aarhus C
c/o Jesper Bay Larsen, Olfert Fischers Gade 9, 1311 København K

Other companies at the same address

Similar companies in Aarhus

Questions and answers about BODY OF WORK ApS

Has BODY OF WORK ApS gone bankrupt?

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

What is the bankruptcy risk of BODY OF WORK ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of BODY OF WORK ApS?

Asbjørn Toftdahl Terkelsen is the CEO of BODY OF WORK ApS.

When was BODY OF WORK ApS founded?

BODY OF WORK ApS was founded on 14 November 2011.

What is the equity of BODY OF WORK ApS?

Equity was DKK 592k 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.