More Music Technologies ApS

CVR 38532952 · Private limited company (ApS) · Active · Medium risk

More Music Technologies ApS is a Private limited company (ApS), founded on , based in Aarhus C. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 9 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 -6.8m and a net result of DKK -3.2m. CEO: Signe Wisby Hede-Tobiassen.

Bankruptcy risk for More Music Technologies ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 75% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
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×
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×
Website registeredYes · bankruptcy rate 12.0%1.4×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
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×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×

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
38532952
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Universitetsbyen 71
8000 Aarhus C
Municipality
Aarhus
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 50k
Employees
6 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-76.0%
Current ratio49%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address13
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 3.8mDKK 3.6m
Net profitDKK -3.2mDKK -2.7m
EquityDKK -6.8mDKK -3.5m
Total assetsDKK 8.9mDKK 11.7m
CashDKK 68k–
Short-term debtDKK 15.5m–
Avg. employees6–

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 2025184 Late
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023169
1 Jan 2022 – 31 Dec 2022150
1 Jan 2021 – 31 Dec 2021190 Late
1 Jan 2020 – 31 Dec 2020189 Late
1 Jan 2019 – 31 Dec 2019251 Late
1 Jan 2018 – 31 Dec 2018147
1 Jan 2017 – 31 Dec 2017151

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
CEOSigne Wisby Hede-TobiassenCurrent
CEOAsbjørn Nørgaard Blakstad
CEOJan Thomas Sørbø Sviggum
Owner (100%)More Music Holding ApSCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Signe Wisby Hede-Tobiassen – 2 other companies

Asbjørn Nørgaard Blakstad – 3 other companies

Jan Thomas Sørbø Sviggum – 4 other companies

Address history (2 moves)

Universitetsbyen 71, 8000 Aarhus C
Universitetsbyen 7, 8000 Aarhus C
Graven 16B, 8000 Aarhus C

Former names

More Music Technologies ApS – now
More Music Host og Development ApS –

Employees per year

Number of employees at More Music Technologies ApS per year362017: 320172018: 62018

Other companies at the same address

Similar companies in Aarhus

Questions and answers about More Music Technologies ApS

Has More Music Technologies ApS gone bankrupt?

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

What is the bankruptcy risk of More Music Technologies ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of More Music Technologies ApS?

Signe Wisby Hede-Tobiassen is the CEO of More Music Technologies ApS.

Who is the auditor of More Music Technologies ApS?

More Music Technologies ApS most recently used Cedra Godkendt Revisionsaktieselskab.

When was More Music Technologies ApS founded?

More Music Technologies ApS was founded on 17 March 2017.

What is the equity of More Music Technologies ApS?

Equity was DKK -6.8m 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.