A Matter of Business ApS

CVR 37658936 · Private limited company (ApS) · Active · High risk

A Matter of Business ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry planlægning og design af reklamekampagner. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 10 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -1.3m and a net result of DKK -906k.

Bankruptcy risk for A Matter of Business ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Moves in the last 2 years2 · bankruptcy rate 23.9%2.7×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Annual reports filed late3+ · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×

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
37658936
Status
Active
Company type
Private limited company (ApS)
Founded
(10 years)
Address
c/o Thomas Løhren Busch, Dannevirkegade 19, st. th
1763 København V
Municipality
København
Industry
Planlægning og design af reklamekampagner (731110)
Bankruptcies in the industry: Reklamebureauer
Share capital
DKK 50k
Employees
0 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late5 of 10
Missing annual reportNo
Negative equityYes
Equity ratio-128.2%
Current ratio43%
Moves (last 2 years)2
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profit–DKK -492kDKK -842k
Net profitDKK -906kDKK -591kDKK -1.6m
EquityDKK -1.3mDKK -389kDKK 501k
Total assetsDKK 1.0mDKK 1.1mDKK 2.6m
CashDKK 156kDKK 4,282–
Short-term debtDKK 2.3mDKK 1.5m–
Tax owed–DKK 0–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025182
1 Jan 2024 – 31 Dec 2024183
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022198 Late
1 Jan 2021 – 31 Dec 2021192 Late
1 Jan 2020 – 31 Dec 202063
1 Jan 2019 – 31 Dec 2019220 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017157
21 Apr 2016 – 31 Dec 2016115

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
Owner (100%)A Matter of Holding ApSCurrent
Owner (100%)Thomas Løhren Busch
FounderThomas Løhren BuschCurrent

Address history (5 moves)

c/o Thomas Løhren Busch, Dannevirkegade 19, st. th, 1763 København V
c/o Thomas Løhren Busch, Enighedsvej 12, 2. 2, 2920 Charlottenlund
c/o Thomas Løhren Busch, Næsvej 53, 4540 Fårevejle
c/o Thomas Løhren Busch, Sortedam Dossering 93A, 1. th, 2100 København Ø
c/o Revipoint, Ragnagade 7, 2100 København Ø
c/o Thomas L. Busch, Gammel Kongevej 121, 1. th, 1850 Frederiksberg C

Employees per year

Number of employees at A Matter of Business ApS per year112016: 120162017: 120172018: 02018

Other companies at the same address

Similar companies in København

Questions and answers about A Matter of Business ApS

Has A Matter of Business ApS gone bankrupt?

No, A Matter of Business ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of A Matter of Business ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the auditor of A Matter of Business ApS?

A Matter of Business ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was A Matter of Business ApS founded?

A Matter of Business ApS was founded on 21 April 2016.

What is the equity of A Matter of Business ApS?

Equity was DKK -1.3m 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.