Fitness Audio Europe ApS

CVR 37548103 · Private limited company (ApS) · Active · Very high risk

Fitness Audio Europe ApS is a Private limited company (ApS), founded on , based in København Ø. The company is registered in the industry engroshandel med radio og tv, fotografiske og optiske artikler. Our model estimates a bankruptcy risk of 17.0% over the next 12 months, which is 12.0 times the average for Danish companies. 9 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 514k and a net result of DKK 107k. CEO: Lars Stig Møller.

Bankruptcy risk for Fitness Audio Europe ApS

17.0%
probability of bankruptcy within 12 months
Very high risk

12.0 × the average (1.41%) · higher risk than 99% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
37548103
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Lars Stig Møller, Lundehusvej 23A
2100 København Ø
Municipality
København
Industry
Engroshandel med radio og tv, fotografiske og optiske artikler (464320)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 50k
Employees
4 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 9
Missing annual reportNo
Negative equityNo
Equity ratio13.8%
Current ratio112%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 1.8mDKK 1.8mDKK 1.2m
Net profitDKK 107kDKK 486kDKK -48k
EquityDKK 514kDKK 529kDKK 35k
Total assetsDKK 3.7mDKK 3.5mDKK 3.7m
CashDKK 7,735DKK 1,985–
Short-term debtDKK 3.2mDKK 3.0m–
Tax owedDKK 31k––
Avg. employees35–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025214 Late
1 Jul 2023 – 30 Jun 2024198 Late
1 Jul 2022 – 30 Jun 2023215 Late
1 Jul 2021 – 30 Jun 2022215 Late
1 Jul 2020 – 30 Jun 2021168
1 Jul 2019 – 30 Jun 2020196 Late
1 Jul 2018 – 30 Jun 2019159
1 Jul 2017 – 30 Jun 2018153
18 Mar 2016 – 30 Jun 2017161

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
CEOLars Stig MøllerCurrent
Owner (100%)LM HOLDING 2006 ApSCurrent
AuditorKONGEVEJENS REVISION REGISTRERET REVISIONS ApS
AuditorHarboe & B. Godkendt Revisionsanpartsselskab
FounderLM HOLDING 2006 ApSCurrent

The CEOs' other companies

Lars Stig Møller – 6 other companies, of which 2 bankrupt

Address history (0 moves)

c/o Lars Stig Møller, Lundehusvej 23A, 2100 København Ø

Employees per year

Number of employees at Fitness Audio Europe ApS per year242016: 320162017: 420172018: 42018

Other companies at the same address

Similar companies in København

Questions and answers about Fitness Audio Europe ApS

Has Fitness Audio Europe ApS gone bankrupt?

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

What is the bankruptcy risk of Fitness Audio Europe ApS?

Our model estimates a bankruptcy risk of 17.0% over the next 12 months (very high risk), which is 12.0 times the average for Danish companies.

Who is the CEO of Fitness Audio Europe ApS?

Lars Stig Møller is the CEO of Fitness Audio Europe ApS.

When was Fitness Audio Europe ApS founded?

Fitness Audio Europe ApS was founded on 18 March 2016.

What is the equity of Fitness Audio Europe ApS?

Equity was DKK 514k 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.