cad audio dk aps

CVR 38198556 · Private limited company (ApS) · Active · Low risk

cad audio dk aps is a Private limited company (ApS), founded on , based in Bagenkop. The company is registered in the industry detailhandel med musikinstrumenter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 9 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 1.5m and a net result of DKK -229k.

Bankruptcy risk for cad audio dk 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

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%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

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
38198556
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Røjlevej 8
5935 Bagenkop
Municipality
Langeland
Industry
Detailhandel med musikinstrumenter (476910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 9
Missing annual reportNo
Negative equityNo
Equity ratio95.1%
Current ratio1,163%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Revenue––DKK 0
Gross profitDKK -81kDKK 11kDKK 0
Net profitDKK -229kDKK 11kDKK 0
EquityDKK 1.5mDKK 996kDKK 50k
Total assetsDKK 1.6mDKK 1.0mDKK 50k
CashDKK 544kDKK 684k–
Short-term debtDKK 78kDKK 18k–
Tax owedDKK 78kDKK 18k–
Avg. employees2––

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023153
1 Jan 2022 – 31 Dec 2022147
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020172
1 Jan 2019 – 31 Dec 2019170
1 Jan 2018 – 31 Dec 2018129
1 Dec 2016 – 31 Dec 2017263 Late

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
CEOKarsten Madsen
Owner (10%)Karsten MadsenCurrent
Owner (90%)Vandrup Nexus ApSCurrent
Owner (33%)Karsten Madsen
Owner (50%)Karsten Dahl Vandrup
Owner (90%)Karsten Dahl Vandrup
FounderKarsten MadsenCurrent

The CEOs' other companies

Karsten Madsen – 4 other companies, of which 2 bankrupt

Address history (0 moves)

Røjlevej 8, 5935 Bagenkop

Other companies at the same address

Questions and answers about cad audio dk aps

Has cad audio dk aps gone bankrupt?

No, cad audio dk aps is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of cad audio dk 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.

When was cad audio dk aps founded?

cad audio dk aps was founded on 19 November 2016.

What is the equity of cad audio dk aps?

Equity was DKK 1.5m 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.