Bass Buddha ApS

CVR 38201581 · Private limited company (ApS) · Active · Low risk

Bass Buddha ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry detailhandel med musikinstrumenter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 456k and a net result of DKK 30k. CEO: Morten Ehlers Nielsen.

Bankruptcy risk for Bass Buddha ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×

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
38201581
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Kaløgade 5
8000 Aarhus C
Municipality
Aarhus
Industry
Detailhandel med musikinstrumenter (476910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 50k
Employees
1 (2018)
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio29.3%
Current ratio136%
Moves (last 2 years)1
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 784kDKK 795kDKK 916k
Net profitDKK 30kDKK -63kDKK 26k
EquityDKK 456kDKK 372kDKK 436k
Total assetsDKK 1.6mDKK 1.6mDKK 1.5m
CashDKK 55k––
Short-term debtDKK 1.1mDKK 1.3m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025178
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023182
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021171
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019146
1 Jan 2018 – 31 Dec 2018133
18 Nov 2016 – 31 Dec 2017142

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 Ehlers NielsenCurrent
CEOLars Hedemann Jensen
Owner (100%)Ehlers Nielsen Holding ApSCurrent
FounderEhlers Nielsen Holding ApSCurrent

The CEOs' other companies

Morten Ehlers Nielsen – 1 other companies

Lars Hedemann Jensen – 1 other companies, of which 1 bankrupt

Address history (3 moves)

Kaløgade 5, 8000 Aarhus C
Kaløgade 7, 8000 Aarhus C
Mejlgade 44, 8000 Aarhus C
Graven 8G, 8000 Aarhus C

Employees per year

Number of employees at Bass Buddha ApS per year112018: 12018

Similar companies in Aarhus

Questions and answers about Bass Buddha ApS

Has Bass Buddha ApS gone bankrupt?

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

What is the bankruptcy risk of Bass Buddha ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Bass Buddha ApS?

Morten Ehlers Nielsen is the CEO of Bass Buddha ApS.

When was Bass Buddha ApS founded?

Bass Buddha ApS was founded on 18 November 2016.

What is the equity of Bass Buddha ApS?

Equity was DKK 456k 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.