INSTORE EXCELLENCE ApS
CVR 36470771 · Private limited company (ApS) · Active · High risk
INSTORE EXCELLENCE ApS is a Private limited company (ApS), founded on , based in Søborg. The company is registered in the industry anden udgivelse af software. Our model estimates a bankruptcy risk of 4.5% over the next 12 months, which is 3.2 times the average for Danish companies. 10 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK -66k and a net result of DKK 41k. CEO: Morten Munch-Andersen, Claus Mortensen.
Bankruptcy risk for INSTORE EXCELLENCE ApS
3.2 × the average (1.41%) · higher risk than 91% of active Danish companies
Increases the risk
Reduces the risk
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
- 36470771
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (11 years)
- Address
- Ærtemarken 120
2860 Søborg - Municipality
- Gladsaxe
- Industry
- Anden udgivelse af software (582900)
Bankruptcies in the industry: Tøjforretninger - Share capital
- DKK 50k
- Employees
- 3 (2018)
- Auditor
- RugaardRevision statsautoriseret revisionsfirma
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 1 of 10 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -20.1% |
| Current ratio | 79% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 1 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK 1.3m | DKK 1.1m |
| Net profit | DKK 41k | DKK -90k |
| Equity | DKK -66k | DKK -107k |
| Total assets | DKK 328k | DKK 672k |
| Cash | DKK 180k | – |
| Short-term debt | DKK 350k | – |
| Tax owed | DKK 1,891 | – |
| Avg. employees | 2 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · RugaardRevision statsautoriseret revisionsfirma.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jul 2024 – 30 Jun 2025 | 185 | Late | |
| 1 Jul 2023 – 30 Jun 2024 | 180 | ||
| 1 Jul 2022 – 30 Jun 2023 | 147 | ||
| 1 Jul 2021 – 30 Jun 2022 | 183 | ||
| 1 Jul 2020 – 30 Jun 2021 | 173 | ||
| 1 Jul 2019 – 30 Jun 2020 | 153 | ||
| 1 Jul 2018 – 30 Jun 2019 | 136 | ||
| 1 Jul 2017 – 30 Jun 2018 | 152 | ||
| 1 Jul 2016 – 30 Jun 2017 | 160 | ||
| 15 Dec 2014 – 30 Jun 2016 | 130 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Munch-Andersen | Current | |
| CEO | Claus Mortensen | Current | |
| CEO | Stig Lommer Bagger | ||
| Owner (50%) | MMD ApS | Current | |
| Owner (50%) | CKM HOLDING AF 28.07.11 ApS | Current | |
| Owner (20%) | LOMBAG HOLDING ApS | ||
| Owner (20%) | CKM HOLDING AF 28.07.11 ApS | ||
| Founder | MMD ApS | Current | |
| Founder | LOMBAG HOLDING ApS | Current | |
| Founder | CKM HOLDING AF 28.07.11 ApS | Current |
The CEOs' other companies
Morten Munch-Andersen – 7 other companies, of which 1 bankrupt
- MAR ApS Bankrupt 27 May 2009
- BUDGET VISION ApS Opløst
- CMS IT ApS Opløst
- MMD ApS Active
- NATIONAL SERVICE AGENCY A/S Active
- PIVOT CONSULTING ApS Active
- PowerCycling ApS Active
Claus Mortensen – 5 other companies, of which 1 bankrupt
- MAR ApS Bankrupt 27 May 2009
- JIIK A/S Opløst
- NATIONAL SERVICE AGENCY A/S Active
- PAN VISION DANMARK A/S Active
- PAN VISION PUBLISHING A/S Fusioneret
Stig Lommer Bagger – 2 other companies
- Measurelet ApS Active
- NATIONAL SERVICE AGENCY A/S Active
Address history (1 moves)
| Ærtemarken 120, 2860 Søborg | |
| Brødeskovparken 18, 3400 Hillerød |
Employees per year
Other companies at the same address
- CKM HOLDING AF 28.07.11 ApS Active
- NATIONAL SERVICE AGENCY A/S Active
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- Flippie ApS Søborg
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- Reusepc IVS Bagsværd
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Questions and answers about INSTORE EXCELLENCE ApS
Has INSTORE EXCELLENCE ApS gone bankrupt?
No, INSTORE EXCELLENCE ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of INSTORE EXCELLENCE 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 INSTORE EXCELLENCE ApS?
Morten Munch-Andersen, Claus Mortensen are the CEOs of INSTORE EXCELLENCE ApS.
Who is the auditor of INSTORE EXCELLENCE ApS?
INSTORE EXCELLENCE ApS most recently used RugaardRevision statsautoriseret revisionsfirma.
When was INSTORE EXCELLENCE ApS founded?
INSTORE EXCELLENCE ApS was founded on 15 December 2014.
What is the equity of INSTORE EXCELLENCE ApS?
Equity was DKK -66k according to the annual report for the period ending 30 June 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.