4 XM LOOP ApS

CVR 37005096 · Private limited company (ApS) · Active · High risk

4 XM LOOP ApS is a Private limited company (ApS), founded on , based in Hedensted. The company is registered in the industry drift af fitnesscentre. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 10 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 -163k and a net result of DKK 62k. CEO: Morten Palmelund.

Bankruptcy risk for 4 XM LOOP ApS

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×

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
37005096
Status
Active
Company type
Private limited company (ApS)
Founded
(11 years)
Address
Vesterbrogade 5
8722 Hedensted
Municipality
Hedensted
Industry
Drift af fitnesscentre (931300)
Bankruptcies in the industry: Fitnesscentre
Share capital
DKK 200k
Employees
5 (2018)
Auditor
(venstre underskriver)
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-24.6%
Current ratio23%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 1.1mDKK 904k
Net profitDKK 62kDKK -50k
EquityDKK -163kDKK -1.9m
Total assetsDKK 663kDKK 701k
CashDKK 139k–
Short-term debtDKK 827k–
Avg. employees2–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · (venstre underskriver).

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025177
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023198 Late
1 Jan 2022 – 31 Dec 2022187 Late
1 Jan 2021 – 31 Dec 2021185 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019168
1 Jan 2018 – 31 Dec 2018157
1 Jan 2017 – 31 Dec 2017151
20 Aug 2015 – 31 Dec 2016171

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 PalmelundCurrent
CEOSøren Skovbjerg Palmelund
Owner (100%)4 X M ApSCurrent
Owner (15%)4 X M ApS
Owner (67%)RESCALE CAPITAL ApS
Owner (20%)4 X M ApS
Owner (67%)Rescale Holding ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
Founder4 X M ApSCurrent
FounderRESCALE CAPITAL ApSCurrent

The CEOs' other companies

Morten Palmelund – 11 other companies

Søren Skovbjerg Palmelund – 52 other companies, of which 19 bankrupt

Address history (3 moves)

Vesterbrogade 5, 8722 Hedensted
c/o Morten Palmelund, Skovbrynet 46, 8722 Hedensted
Europaplads 16, 3. th, 8000 Aarhus C
Europaplads 16, 3., 8000 Aarhus C

Former names

4 XM LOOP ApS – now
Loop Aabenraa Aps –

Employees per year

Number of employees at 4 XM LOOP ApS per year472015: 520152016: 520162017: 720172018: 52018

Similar companies in Hedensted

Questions and answers about 4 XM LOOP ApS

Has 4 XM LOOP ApS gone bankrupt?

No, 4 XM LOOP ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of 4 XM LOOP ApS?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the CEO of 4 XM LOOP ApS?

Morten Palmelund is the CEO of 4 XM LOOP ApS.

Who is the auditor of 4 XM LOOP ApS?

4 XM LOOP ApS most recently used (venstre underskriver).

When was 4 XM LOOP ApS founded?

4 XM LOOP ApS was founded on 20 August 2015.

What is the equity of 4 XM LOOP ApS?

Equity was DKK -163k 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.