Freedom Is A State Of Mind ApS

CVR 38745840 · Private limited company (ApS) · Active · Low risk

Freedom Is A State Of Mind ApS is a Private limited company (ApS), founded on , based in Gentofte. The company is registered in the industry teater- og koncertproduktioner. Our model estimates a bankruptcy risk of 1.0% over the next 12 months, which is 0.7 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 -1.4m and a net result of DKK 312k. CEO: Mads Lillelund Langer.

Bankruptcy risk for Freedom Is A State Of Mind ApS

1.0%
probability of bankruptcy within 12 months
Low risk

0.7 × the average (1.41%) · higher risk than 72% 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×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Industry changes1 · bankruptcy rate 6.5%0.74×

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
38745840
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Soløsevej 12
2820 Gentofte
Municipality
Gentofte
Industry
Teater- og koncertproduktioner (902010)
Bankruptcies in the industry: Kunstnerisk skaben
Share capital
DKK 50k
Auditor
Vadskær Krømmelbein
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 9
Missing annual reportNo
Negative equityYes
Equity ratio-164.3%
Current ratio28%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 951kDKK 1.7m
Net profitDKK 312kDKK -1.7m
EquityDKK -1.4mDKK -1.7m
Total assetsDKK 841kDKK 785k
CashDKK 111k–
Short-term debtDKK 2.2m–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Vadskær Krømmelbein.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025180
1 Jan 2024 – 31 Dec 2024182
1 Jan 2023 – 31 Dec 2023228 Late
1 Jan 2022 – 31 Dec 2022214 Late
1 Jan 2021 – 31 Dec 2021194 Late
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019247 Late
1 Jan 2018 – 31 Dec 2018121
27 Jun 2017 – 31 Dec 2017169

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
CEOMads Lillelund LangerCurrent
Owner (100%)Mads Langer Holding ApSCurrent
Owner (100%)Freedom Records ApS
AuditorBeierholm Godkendt Revisionspartnerselskab
AuditorVadskær Krømmelbein, Statsautoriseret Revisionsanpartsselskab
FounderFreedom Records ApSCurrent

The CEOs' other companies

Mads Lillelund Langer – 1 other companies

Address history (6 moves)

Soløsevej 12, 2820 Gentofte
Nordkrog 17, 2900 Hellerup
c/o PDH Music A/S, Frederiksberg Allé 3, 1621 København V
Nordkrog 17, 2900 Hellerup
Antoinettevej 4, 2500 Valby
c/o PDH Music A/S, Frederiksberg Allé 3, 1621 København V
c/o PDH Music A/S, Dag Hammarskjölds Allé 42G, 2100 København Ø

Former names

Freedom Is A State Of Mind ApS – now
Freedom Records ApS –

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Freedom Is A State Of Mind ApS

Has Freedom Is A State Of Mind ApS gone bankrupt?

No, Freedom Is A State Of Mind ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Freedom Is A State Of Mind ApS?

Our model estimates a bankruptcy risk of 1.0% over the next 12 months (low risk), which is 0.7 times the average for Danish companies.

Who is the CEO of Freedom Is A State Of Mind ApS?

Mads Lillelund Langer is the CEO of Freedom Is A State Of Mind ApS.

Who is the auditor of Freedom Is A State Of Mind ApS?

Freedom Is A State Of Mind ApS most recently used Vadskær Krømmelbein.

When was Freedom Is A State Of Mind ApS founded?

Freedom Is A State Of Mind ApS was founded on 27 June 2017.

What is the equity of Freedom Is A State Of Mind ApS?

Equity was DKK -1.4m 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.