Balloon IT ApS

CVR 39805189 · Private limited company (ApS) · Active · Low risk

Balloon IT ApS is a Private limited company (ApS), founded on , based in Roskilde. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 7 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Jan 2026) shows equity of DKK 78k and a net result of DKK -7,468. CEO: Martin Hvass Mørup.

Bankruptcy risk for Balloon IT 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEO changes1 · bankruptcy rate 11.4%1.3×
Annual reports filed late1 · bankruptcy rate 11.3%1.3×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Negative equityNo · bankruptcy rate 5.1%0.58×
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×
Equity ratio20%–40% · bankruptcy rate 6.9%0.79×
Capital changes1 · bankruptcy rate 7.0%0.80×

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
39805189
Status
Active
Company type
Private limited company (ApS)
Founded
(8 years)
Address
Nordgaardsvej 13B
4000 Roskilde
Municipality
Roskilde
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 7
Missing annual reportNo
Negative equityNo
Equity ratio32.1%
Current ratio141%
Moves (last 2 years)0
CEO changes in total1
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202620252024
RevenueDKK 395kDKK 15kDKK 44k
Gross profitDKK 368kDKK -2,579DKK 27k
Net profitDKK -7,468DKK -3,887DKK 11k
EquityDKK 78kDKK 86kDKK 90k
Total assetsDKK 244kDKK 94kDKK 110k
CashDKK 234kDKK 76k–
Short-term debtDKK 166kDKK 8,515–
Tax owedDKK 5,813DKK 7,300–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Feb 2025 – 31 Jan 2026167
1 Feb 2024 – 31 Jan 2025181
1 Feb 2023 – 31 Jan 2024182
1 Feb 2022 – 31 Jan 2023144
1 Feb 2021 – 31 Jan 2022178
1 Feb 2020 – 31 Jan 2021211 Late
22 Aug 2018 – 31 Jan 2020138

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
CEOMartin Hvass MørupCurrent
CEOTomas Klit Munch
Owner (100%)Martin Hvass MørupCurrent
Owner (50%)Munchi IVS
Owner (50%)MHM Holding 2018 IVS
FounderMunchi IVSCurrent
FounderMHM Holding 2018 IVSCurrent

The CEOs' other companies

Martin Hvass Mørup – 4 other companies

Tomas Klit Munch – 1 other companies

Address history (1 moves)

Nordgaardsvej 13B, 4000 Roskilde
Hasselvej 12, 4684 Holmegaard

Former names

Balloon IT ApS – now
Balloon IT IVS –

Other companies at the same address

Similar companies in Roskilde

Questions and answers about Balloon IT ApS

Has Balloon IT ApS gone bankrupt?

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

What is the bankruptcy risk of Balloon IT 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 Balloon IT ApS?

Martin Hvass Mørup is the CEO of Balloon IT ApS.

When was Balloon IT ApS founded?

Balloon IT ApS was founded on 22 August 2018.

What is the equity of Balloon IT ApS?

Equity was DKK 78k according to the annual report for the period ending 31 January 2026.

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