More Music Holding ApS

CVR 38256793 · Private limited company (ApS) · Active · Low risk

More Music Holding ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 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 42.1m and a net result of DKK 188k.

Bankruptcy risk for More Music Holding ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 69% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Auditor resigned in the last yearYes · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×

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
38256793
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Universitetsbyen 71
8000 Aarhus C
Municipality
Aarhus
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 1.3m
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 10
Missing annual reportNo
Negative equityNo
Equity ratio78.2%
Current ratio85%
Moves (last 2 years)1
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK 128kDKK -237kDKK -441k
Net profitDKK 188kDKK -180kDKK -173k
EquityDKK 42.1mDKK 40.4mDKK 40.6m
Total assetsDKK 53.8mDKK 45.3mDKK 42.6m
CashDKK 8,460DKK 341k–
Short-term debtDKK 11.7mDKK 1.3m–
Avg. employees0––

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025186 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022157
1 Jan 2021 – 31 Dec 2021189 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019280 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016137

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
CEOAsbjørn Nørgaard Blakstad
BoardAsbjørn Nørgaard BlakstadCurrent
BoardAlexandar Korsgaard BruunCurrent
BoardJacob Møller JensenCurrent
BoardSøren ChristiansenCurrent
BoardJanus Benn SørensenCurrent
BoardSøren Christiansen
BoardJanus Benn Sørensen
Owner (20%)CASTRO A/SCurrent
Owner (15%)INNOVATION INVEST ApSCurrent
Owner (15%)BLAKSTAD HOLDING ApSCurrent
Owner (25%)KickAss Capital Holding ApSCurrent
Owner (15%)Kiloo Ventures A/SCurrent
Owner (33%)CASTRO A/S
Owner (50%)BLAKSTAD HOLDING ApS
Owner (33%)BLAKSTAD HOLDING ApS
Owner (15%)Danmai Limited
Owner (15%)Ditlev Emil Bredahl
Owner (15%)KickAss Capital Holding ApS
Owner (25%)CASTRO A/S
Owner (5%)INNOVATION INVEST ApS
Owner (15%)INNOVATION INVEST ApS
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorKvist & Jensen Statsautoriseret Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderCASTRO A/SCurrent
FounderBLAKSTAD HOLDING ApSCurrent

The CEOs' other companies

Asbjørn Nørgaard Blakstad – 3 other companies

Address history (3 moves)

Universitetsbyen 71, 8000 Aarhus C
Universitetsbyen 7, 8000 Aarhus C
Graven 16E, 8000 Aarhus C
Graven 16B, st., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about More Music Holding ApS

Has More Music Holding ApS gone bankrupt?

No, More Music Holding ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of More Music Holding ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the auditor of More Music Holding ApS?

More Music Holding ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was More Music Holding ApS founded?

More Music Holding ApS was founded on 8 December 2016.

What is the equity of More Music Holding ApS?

Equity was DKK 42.1m 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.