The Music ApS
CVR 38832069 · Private limited company (ApS) · Active · High risk
The Music ApS is a Private limited company (ApS), founded on , based in Thisted. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 8 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (30 Sep 2025) shows equity of DKK -51k and a net result of DKK -18k. CEO: Jon Gade Nørgaard.
Bankruptcy risk for The Music ApS
4.6 × the average (1.41%) · higher risk than 94% of active Danish companies
Increases the risk
Reduces the risk
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
- 38832069
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (9 years)
- Address
- Vestergade 12, 1.
7700 Thisted - Municipality
- Thisted
- Industry
- Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm - Share capital
- DKK 40k
- Employees
- 0 (2018)
- Auditor
- Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab
- Audit opted out
- Yes
Warning signs
| Annual reports filed late | 4 of 8 |
| Missing annual report | No |
| Negative equity | Yes |
| Equity ratio | -1,020.1% |
| Current ratio | 9% |
| Moves (last 2 years) | 1 |
| CEO changes in total | 2 |
| CEO's previous bankruptcies | 1 |
| Other companies at the address | 5 |
| Going-concern uncertainty | Yes |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK -19k | DKK -15k | DKK 453k |
| Net profit | DKK -18k | DKK -15k | DKK 452k |
| Equity | DKK -51k | DKK -32k | DKK -17k |
| Total assets | DKK 4,969 | DKK 2,157 | DKK 7,100 |
| Cash | DKK 456 | DKK 695 | – |
| Short-term debt | DKK 56k | DKK 34k | – |
| Avg. employees | 0 | – | – |
Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 195 | Late | |
| 1 Oct 2023 – 30 Sep 2024 | 193 | Late | |
| 1 Oct 2022 – 30 Sep 2023 | 174 | ||
| 1 Oct 2021 – 30 Sep 2022 | 150 | ||
| 1 Oct 2020 – 30 Sep 2021 | 161 | ||
| 1 Oct 2019 – 30 Sep 2020 | 166 | ||
| 1 Oct 2018 – 30 Sep 2019 | 185 | Late | |
| 1 Aug 2017 – 30 Sep 2018 | 184 | 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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Jon Gade Nørgaard | Current | |
| CEO | Munir Hussain | ||
| Owner (100%) | ii ApS | Current | |
| Owner (50%) | Munir Hussain | ||
| Owner (100%) | Sleiman Sleiman | ||
| Owner (100%) | GOLDENCHILD ApS | ||
| Owner (100%) | U & I ApS | ||
| Auditor | REVIKON I/S | ||
| Auditor | DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PIASTER REVISORERNE, GODKENDT REVISIONSAKTIESELSKAB | ||
| Founder | Munir Hussain | Current | |
| Founder | Sleiman Sleiman | Current |
The CEOs' other companies
Jon Gade Nørgaard – 16 other companies, of which 1 bankrupt
- JGN ApS Bankrupt 14 Mar 2006
- 33770189 ApS Opløst
- ABC AF 8. FEBRUAR 2013 ApS Compulsorily dissolved
- ANTIX.DK ApS Active
- Daylight Agency ApS Active
- EIN ApS Compulsorily dissolved
- Eternal Sea ApS Active
- GOLDENCHILD ApS Active
- Gemini Publishing ApS Active
- IDOLINC.DK ApS Fusioneret
- MIRO ApS Compulsorily dissolved
- Night Drive ApS Active
- Partners & Friends ApS Active
- THE NIGHT A/S Active
- U & I ApS Active
- ii ApS Active
Munir Hussain – 3 other companies, of which 3 bankrupt
- City 2 - Kiosk Bien ApS Bankrupt 13 Aug 2020
- MA DETAIL ApS Bankrupt 8 Nov 2023
- MMS SPIL ApS Bankrupt 31 May 2023
Address history (6 moves)
| Vestergade 12, 1., 7700 Thisted | |
| Ørbækvej 2, 8586 Ørum Djurs | |
| c/o Probtion aps, Mejlgade 47, st., 8000 Aarhus C | |
| c/o Probtion aps, Digehuset 6, st. 1, 2670 Greve | |
| c/o Probtion aps, Amagerbrogade 213, 1., 2300 København S | |
| c/o Sleiman, Digehuset 6, st. 1, 2670 Greve | |
| Amagerbrogade 213, 2300 København S |
Former names
| The Music ApS | – now |
| Probation ApS | – |
| Probation Records ApS | – |
| Cafe Arguileh ApS | – |
Employees per year
Other companies at the same address
- DDM HOLDING 1 ApS Fusioneret
- DDM HOLDING 2 ApS Fusioneret
- LOKALHJÆLP ApS Opløst
- P-DDM 2014 ApS Fusioneret
- P-DDM Holding 2019 ApS Fusioneret
- White Swan ApS Active
Similar companies in Thisted
- KATO MUSIC ApS Thisted
Questions and answers about The Music ApS
Has The Music ApS gone bankrupt?
No, The Music ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of The Music ApS?
Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.
Who is the CEO of The Music ApS?
Jon Gade Nørgaard is the CEO of The Music ApS.
Who is the auditor of The Music ApS?
The Music ApS most recently used Piaster Revisorerne, Statsautoriseret Revisionsaktieselskab.
When was The Music ApS founded?
The Music ApS was founded on 1 August 2017.
What is the equity of The Music ApS?
Equity was DKK -51k according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.