Morningscore ApS

CVR 39311437 · Private limited company (ApS) · Active · Low risk

Morningscore ApS is a Private limited company (ApS), founded on , based in Odense C. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 8 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 629k and a net result of DKK -3.8m. CEO: Karsten Madsen.

Bankruptcy risk for Morningscore ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Return on assets< -20% · bankruptcy rate 16.7%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×
Time at current address< 0.5 yrs · bankruptcy rate 12.0%1.4×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Registered owners4+ · 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
39311437
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Morningscore, Rugårdsvej 55A, 1. tv
5000 Odense C
Municipality
Odense
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 206k
Employees
4 (2018)
Auditor
AIDER Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 8
Missing annual reportNo
Negative equityNo
Equity ratio10.0%
Current ratio47%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 3.5mDKK 3.0m
Net profitDKK -3.8mDKK -1.1m
EquityDKK 629kDKK 4.4m
Total assetsDKK 6.3mDKK 10.7m
CashDKK 1.5m–
Short-term debtDKK 4.2m–
Avg. employees10–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Baker Tilly Denmark.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025132
1 Jan 2024 – 31 Dec 2024134
1 Jan 2023 – 31 Dec 2023181
1 Jan 2022 – 31 Dec 2022151
1 Jan 2021 – 31 Dec 2021180
1 Jan 2020 – 31 Dec 202098
1 Jan 2019 – 31 Dec 201962
24 Jan 2018 – 31 Dec 201851

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
CEOKarsten MadsenCurrent
BoardMartin Schadegg BrønnicheCurrent
BoardHelge MunkCurrent
BoardChristian Bo Gravgaard Winther MøllerCurrent
BoardLasse Schou HolbøllCurrent
BoardKarsten Madsen
BoardBjarne Reuss Bonde
BoardHelge Munk
BoardPeter Lund Thomsen
BoardMads Wedderkopp
Owner (25%)HELGE MUNK HOLDING ApSCurrent
Owner (10%)WINTHER MØLLER HOLDING ApSCurrent
Owner (10%)Hugr Holding ApSCurrent
Owner (20%)Spacechild Holding ApSCurrent
Owner (10%)LCO Invest II ApSCurrent
Owner (5%)Change 4.0 ApS
Owner (20%)P. Thomsen Holding ApS
Owner (20%)Schadegg Brønniche Holding ApS
Owner (20%)Hugr Holding ApS
Owner (20%)Spacechild Holding ApS
Owner (15%)HELGE MUNK HOLDING ApS
Owner (15%)P. Thomsen Holding ApS
Owner (15%)Schadegg Brønniche Holding ApS
Owner (15%)Hugr Holding ApS
Owner (20%)HELGE MUNK HOLDING ApS
Owner (15%)P. Thomsen Holding ApS
Owner (15%)Schadegg Brønniche Holding ApS
Owner (15%)Hugr Holding ApS
Owner (20%)Spacechild Holding ApS
Owner (20%)HELGE MUNK HOLDING ApS
Owner (20%)Spacechild Holding ApS
Owner (20%)HELGE MUNK HOLDING ApS
Owner (10%)HSM 2014 ApS
Owner (10%)P. Thomsen Holding ApS
Owner (10%)Schadegg Brønniche Holding ApS
Owner (10%)Hugr Holding ApS
Owner (25%)Spacechild Holding ApS
Owner (15%)HELGE MUNK HOLDING ApS
Owner (15%)Hugr Holding ApS
Owner (20%)HELGE MUNK HOLDING ApS
Owner (33%)Spacechild Holding ApS
Owner (5%)P. Thomsen Holding ApS
Owner (5%)Schadegg Brønniche Holding ApS
AuditorAIDER Godkendt RevisionsaktieselskabCurrent
FounderChange 4.0 ApSCurrent
FounderP. Thomsen Holding ApSCurrent
FounderSchadegg Brønniche Holding ApSCurrent
FounderHugr Holding ApSCurrent
FounderSpacechild Holding ApSCurrent

The CEOs' other companies

Karsten Madsen – 3 other companies

Address history (4 moves)

c/o Morningscore, Rugårdsvej 55A, 1. tv, 5000 Odense C
c/o Morningscore, Stærmosegårdsvej 8, 5230 Odense M
Lumbyvej 19B, 5000 Odense C
Rugårdsvej 55A, 1. tv, 5000 Odense C
Gammelsø 4, 1., 5000 Odense C

Employees per year

Number of employees at Morningscore ApS per year242018: 42018

Other companies at the same address

Similar companies in Odense

Questions and answers about Morningscore ApS

Has Morningscore ApS gone bankrupt?

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

What is the bankruptcy risk of Morningscore ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of Morningscore ApS?

Karsten Madsen is the CEO of Morningscore ApS.

Who is the auditor of Morningscore ApS?

Morningscore ApS most recently used AIDER Godkendt Revisionsaktieselskab.

When was Morningscore ApS founded?

Morningscore ApS was founded on 24 January 2018.

What is the equity of Morningscore ApS?

Equity was DKK 629k 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.