Moar Guitars ApS

CVR 40383409 · Private limited company (ApS) · Active · Low risk

Moar Guitars ApS is a Private limited company (ApS), founded on , based in Præstø. The company is registered in the industry fremstilling af musikinstrumenter. Our model estimates a bankruptcy risk of 0.4% over the next 12 months, which is 0.3 times the average for Danish companies. 6 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 117k and a net result of DKK -15k. CEO: Daniel Presencer.

Bankruptcy risk for Moar Guitars ApS

0.4%
probability of bankruptcy within 12 months
Low risk

0.3 × the average (1.41%) · higher risk than 57% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×

Reduces the risk

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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
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
40383409
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Dan Presencer, Ronesbanke 34
4720 Præstø
Municipality
Vordingborg
Industry
Fremstilling af musikinstrumenter (322000)
Bankruptcies in the industry: Fremstilling af medicinske og dentale instrumenter samt udstyr hertil
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio70.2%
Current ratio163%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 252kDKK 509k
Net profitDKK -15kDKK 76k
EquityDKK 117kDKK 133k
Total assetsDKK 167kDKK 176k
CashDKK 53k–
Short-term debtDKK 50k–
Tax owedDKK 21k–

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 2025183
1 Jul 2023 – 30 Jun 2024173
1 Jul 2022 – 30 Jun 2023186 Late
1 Jul 2021 – 30 Jun 2022185 Late
1 Jul 2020 – 30 Jun 2021102
27 Mar 2019 – 30 Jun 2020169

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
CEODaniel PresencerCurrent
Owner (100%)Daniel PresencerCurrent
FounderDaniel PresencerCurrent

Address history (2 moves)

c/o Dan Presencer, Ronesbanke 34, 4720 Præstø
Mønvej 105, 4720 Præstø
Dalslandsgade 8J, 4. 501, 2300 København S

Former names

Moar Guitars ApS – now
Moar Guitars IVS –

Questions and answers about Moar Guitars ApS

Has Moar Guitars ApS gone bankrupt?

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

What is the bankruptcy risk of Moar Guitars ApS?

Our model estimates a bankruptcy risk of 0.4% over the next 12 months (low risk), which is 0.3 times the average for Danish companies.

Who is the CEO of Moar Guitars ApS?

Daniel Presencer is the CEO of Moar Guitars ApS.

When was Moar Guitars ApS founded?

Moar Guitars ApS was founded on 27 March 2019.

What is the equity of Moar Guitars ApS?

Equity was DKK 117k 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.