LYHNE MUSIC ApS

CVR 34074593 · Private limited company (ApS) · Active · Low risk

LYHNE MUSIC ApS is a Private limited company (ApS), founded on , based in Aalborg. The company is registered in the industry patentbureauers aktiviteter og tjenesteydelser i forbindelse med markedsføring. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 14 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -39k and a net result of DKK 90k. CEO: Kasper Engstrøm Lyhne.

Bankruptcy risk for LYHNE MUSIC ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionNordjylland · bankruptcy rate 6.5%0.74×

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
34074593
Status
Active
Company type
Private limited company (ApS)
Founded
(14 years)
Address
Hvedevænget 27
9000 Aalborg
Municipality
Aalborg
Industry
Patentbureauers aktiviteter og tjenesteydelser i forbindelse med markedsføring (749100)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 80k
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 14
Missing annual reportNo
Negative equityYes
Equity ratio-15.2%
Current ratio87%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 117kDKK -7,307DKK -7,239
Net profitDKK 90kDKK -12kDKK 40k
EquityDKK -39kDKK -129kDKK -117k
Total assetsDKK 259kDKK 46kDKK 48k
CashDKK 77kDKK 2,418–
Short-term debtDKK 299kDKK 175k–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025195 Late
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023176
1 Jan 2022 – 31 Dec 2022191 Late
1 Jan 2021 – 31 Dec 2021224 Late
1 Jan 2020 – 31 Dec 2020190 Late
1 Jan 2019 – 31 Dec 2019258 Late
1 Jan 2018 – 31 Dec 2018163
1 Jan 2017 – 31 Dec 2017140
1 Jan 2016 – 31 Dec 2016153
1 Jan 2015 – 31 Dec 201597
1 Jan 2014 – 31 Dec 2014174
1 Jan 2013 – 31 Dec 2013171
1 Dec 2011 – 31 Dec 2012100

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
CEOKasper Engstrøm LyhneCurrent
CEOPoul Lyhne
Owner (100%)ENGSTRØM HOLDING ApSCurrent
FounderPoul LyhneCurrent
FounderAnders LyhneCurrent

The CEOs' other companies

Kasper Engstrøm Lyhne – 6 other companies

Poul Lyhne – 9 other companies, of which 1 bankrupt

Address history (0 moves)

Hvedevænget 27, 9000 Aalborg

Other companies at the same address

Similar companies in Aalborg

Questions and answers about LYHNE MUSIC ApS

Has LYHNE MUSIC ApS gone bankrupt?

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

What is the bankruptcy risk of LYHNE MUSIC ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of LYHNE MUSIC ApS?

Kasper Engstrøm Lyhne is the CEO of LYHNE MUSIC ApS.

When was LYHNE MUSIC ApS founded?

LYHNE MUSIC ApS was founded on 1 December 2011.

What is the equity of LYHNE MUSIC ApS?

Equity was DKK -39k 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.