MUSICALITY ApS

CVR 39333856 · Private limited company (ApS) · Active · Low risk

MUSICALITY ApS is a Private limited company (ApS), founded on , based in Hinnerup. The company is registered in the industry anden distribution af medieindhold. Our model estimates a bankruptcy risk of 0.6% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published. The latest annual report (30 Jun 2025) shows equity of DKK 38k and a net result of DKK -2,056. CEO: Anders Johansen.

Bankruptcy risk for MUSICALITY ApS

0.6%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 66% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
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×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

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
39333856
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
c/o Peter Korgaard, Bogfinkevej 41
8382 Hinnerup
Municipality
Favrskov
Industry
Anden distribution af medieindhold (603900)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 7
Missing annual reportNo
Negative equityNo
Equity ratio84.5%
Current ratio608%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -1,960DKK 43k
Net profitDKK -2,056DKK -307
EquityDKK 38kDKK 40k
Total assetsDKK 45kDKK 42k
CashDKK 42k–
Short-term debtDKK 6,939–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025180
1 Jul 2023 – 30 Jun 2024102
1 Jul 2022 – 30 Jun 202381
1 Jul 2021 – 30 Jun 2022169
1 Jul 2020 – 30 Jun 2021158
1 Jul 2019 – 30 Jun 2020168
14 Feb 2018 – 30 Jun 201965

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
CEOAnders JohansenCurrent
Owner (67%)Peter Thorsøe KorgaardCurrent
Owner (25%)Anders JohansenCurrent
Owner (50%)Peter Thorsøe Korgaard
Owner (50%)Anders Johansen
Owner (50%)Anders Johansen
FounderPeter Thorsøe KorgaardCurrent
FounderAnders JohansenCurrent

Address history (1 moves)

c/o Peter Korgaard, Bogfinkevej 41, 8382 Hinnerup
c/o Peter Korgaard, Bogfinkevej 41, 8382 Hinnerup

Former names

MUSICALITY ApS – now
MUSICALITY IVS –

Similar companies in Favrskov

Questions and answers about MUSICALITY ApS

Has MUSICALITY ApS gone bankrupt?

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

What is the bankruptcy risk of MUSICALITY ApS?

Our model estimates a bankruptcy risk of 0.6% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MUSICALITY ApS?

Anders Johansen is the CEO of MUSICALITY ApS.

When was MUSICALITY ApS founded?

MUSICALITY ApS was founded on 14 February 2018.

What is the equity of MUSICALITY ApS?

Equity was DKK 38k according to the annual report for the period ending 30 June 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.