Karma Creatives ApS

CVR 36936444 · Private limited company (ApS) · Active · Low risk

Karma Creatives ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 11 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 2.1m and a net result of DKK 121k. CEO: Morten Storgaard.

Bankruptcy risk for Karma Creatives ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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×
Return on assets5%–15% · bankruptcy rate 3.5%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×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×

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
36936444
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
c/o Morten Storgaard, Sortedam Dossering 53C, 1. 3
2100 København Ø
Municipality
København
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 11
Missing annual reportNo
Negative equityNo
Equity ratio100.0%
Current ratio–
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address12
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK -1,050DKK -1,570DKK -35k
Net profitDKK 121kDKK 27kDKK -101k
EquityDKK 2.1mDKK 2.0mDKK 1.9m
Total assetsDKK 2.1mDKK 2.9mDKK 2.2m
CashDKK 2,352DKK 3,402–
Short-term debtDKK 0DKK 913k–

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 2025176
1 Jan 2024 – 31 Dec 2024112
1 Jan 2023 – 31 Dec 2023180
1 Jan 2022 – 31 Dec 2022177
1 Jan 2021 – 31 Dec 2021132
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 201991
1 Jan 2018 – 31 Dec 2018196 Late
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016163
20 Jun 2015 – 31 Dec 2015146

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
CEOMorten StorgaardCurrent
Owner (100%)Morten StorgaardCurrent
AuditorROESGAARD A/S
AuditorCedra Godkendt Revisionsaktieselskab
FounderMorten StorgaardCurrent

The CEOs' other companies

Morten Storgaard – 2 other companies

Address history (2 moves)

c/o Morten Storgaard, Sortedam Dossering 53C, 1. 3, 2100 København Ø
c/o Morten Storgaard, Sortedam Dossering 53C, 1. 3, 2100 København Ø
c/o Morten Storgaard, Slagelsegade 5, 1., 2100 København Ø

Former names

Karma Creatives ApS – now
Karma Creatives IVS –

Other companies at the same address

Similar companies in København

Questions and answers about Karma Creatives ApS

Has Karma Creatives ApS gone bankrupt?

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

What is the bankruptcy risk of Karma Creatives ApS?

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

Who is the CEO of Karma Creatives ApS?

Morten Storgaard is the CEO of Karma Creatives ApS.

When was Karma Creatives ApS founded?

Karma Creatives ApS was founded on 20 June 2015.

What is the equity of Karma Creatives ApS?

Equity was DKK 2.1m 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.