Decoded Music Exclusive Businesses ApS

CVR 38874179 · Private limited company (ApS) · Active · Low risk

Decoded Music Exclusive Businesses ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.1 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 1.0m and a net result of DKK -318k. CEO: Kenneth Lundgaard Bager, Anna Lea Bertelsen.

Bankruptcy risk for Decoded Music Exclusive Businesses ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO changes1 · bankruptcy rate 11.4%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×

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
38874179
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
c/o Music For Dreams, Peter Fabers Gade 4, kl.
2200 København N
Municipality
København
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 100k
Auditor
Sønderup Godkendt Revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio23.4%
Current ratio112%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address6
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 2.3mDKK 2.8m
Net profitDKK -318kDKK 219k
EquityDKK 1.0mDKK 1.5m
Total assetsDKK 4.4mDKK 4.6m
CashDKK 2.9m–
Short-term debtDKK 3.2m–
Tax owedDKK 0–
Avg. employees4–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Sønderup Godkendt Revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025147
1 Jan 2024 – 31 Dec 2024170
1 Jan 2023 – 31 Dec 202396
1 Jan 2022 – 31 Dec 2022178
1 Jan 2021 – 31 Dec 2021154
1 Jan 2020 – 31 Dec 2020123
1 Jan 2019 – 31 Dec 201994
23 Aug 2017 – 31 Dec 2018119

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
CEOKenneth Lundgaard BagerCurrent
CEOAnna Lea BertelsenCurrent
Owner (100%)Decoded Unity Exclusive Businesses ApSCurrent
Owner (100%)Kenneth Lundgaard Bager
Owner (50%)Anna Lea Bertelsen
Owner (50%)Kenneth Lundgaard Bager
FounderKenneth Lundgaard BagerCurrent

The CEOs' other companies

Kenneth Lundgaard Bager – 3 other companies

Anna Lea Bertelsen – 3 other companies

Address history (0 moves)

c/o Music For Dreams, Peter Fabers Gade 4, kl., 2200 København N

Other companies at the same address

Similar companies in København

Questions and answers about Decoded Music Exclusive Businesses ApS

Has Decoded Music Exclusive Businesses ApS gone bankrupt?

No, Decoded Music Exclusive Businesses ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Decoded Music Exclusive Businesses ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of Decoded Music Exclusive Businesses ApS?

Kenneth Lundgaard Bager, Anna Lea Bertelsen are the CEOs of Decoded Music Exclusive Businesses ApS.

Who is the auditor of Decoded Music Exclusive Businesses ApS?

Decoded Music Exclusive Businesses ApS most recently used Sønderup Godkendt Revisionsaktieselskab.

When was Decoded Music Exclusive Businesses ApS founded?

Decoded Music Exclusive Businesses ApS was founded on 23 August 2017.

What is the equity of Decoded Music Exclusive Businesses ApS?

Equity was DKK 1.0m 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.