MUSBAK ApS

CVR 35032207 · Private limited company (ApS) · Active · High risk

MUSBAK ApS is a Private limited company (ApS), founded on , based in Frederikshavn. The company is registered in the industry detailhandel med andre nye varer. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 13 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 -20k and a net result of DKK 0. CEO: Tanja Musbak Andersen.

Bankruptcy risk for MUSBAK ApS

4.5%
probability of bankruptcy within 12 months
High risk

3.2 × the average (1.41%) · higher risk than 91% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×

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×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
RegionNordjylland · bankruptcy rate 6.5%0.74×
Industry changes1 · 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
35032207
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
c/o Andersen, Søren Norbys Vej 14
9900 Frederikshavn
Municipality
Frederikshavn
Industry
Detailhandel med andre nye varer (477800)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 80k
Employees
0 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 13
Missing annual reportNo
Negative equityYes
Equity ratio-4,747.8%
Current ratio2%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK 0DKK -775DKK -1,368
Net profitDKK 0DKK -989DKK -1,374
EquityDKK -20kDKK -12kDKK -11k
Total assetsDKK 414DKK 2,353DKK 2,353
CashDKK 414DKK 2,353–
Short-term debtDKK 20kDKK 14k–

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 2025198 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022180
1 Jan 2021 – 31 Dec 2021188 Late
1 Jan 2020 – 31 Dec 2020183
1 Jan 2019 – 31 Dec 2019240 Late
1 Jan 2018 – 31 Dec 2018152
1 Jan 2017 – 31 Dec 2017120
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015152
1 Jan 2014 – 31 Dec 2014152
1 Jan 2013 – 31 Dec 2013120

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
CEOTanja Musbak AndersenCurrent
CEOJesper Musbak Andersen
Owner (100%)Tanja Musbak AndersenCurrent
FounderJesper Musbak AndersenCurrent

Address history (3 moves)

c/o Andersen, Søren Norbys Vej 14, 9900 Frederikshavn
c/o Tanja Musbak Andersen, Søren Norbys Vej 14, 9900 Frederikshavn
Danmarksgade 23B, 9900 Frederikshavn
Tordenskjoldsgade 8, 2. tv, 9900 Frederikshavn

Employees per year

Number of employees at MUSBAK ApS per year122013: 120132014: 120142015: 120152016: 120162017: 220172018: 02018

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Questions and answers about MUSBAK ApS

Has MUSBAK ApS gone bankrupt?

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

What is the bankruptcy risk of MUSBAK ApS?

Our model estimates a bankruptcy risk of 4.5% over the next 12 months (high risk), which is 3.2 times the average for Danish companies.

Who is the CEO of MUSBAK ApS?

Tanja Musbak Andersen is the CEO of MUSBAK ApS.

When was MUSBAK ApS founded?

MUSBAK ApS was founded on 28 January 2013.

What is the equity of MUSBAK ApS?

Equity was DKK -20k 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.