Magic Data ApS

CVR 40989722 · Private limited company (ApS) · Active · Medium risk

Magic Data ApS is a Private limited company (ApS), founded on , based in Hvidovre. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 6 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 132k and a net result of DKK -6,253. CEO: Albert Polito.

Bankruptcy risk for Magic Data ApS

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%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

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
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×
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
40989722
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Langkildevej 205
2650 Hvidovre
Municipality
Hvidovre
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityNo
Equity ratio90.9%
Current ratio1,100%
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 year202520242023
Revenue–DKK 10kDKK 0
Gross profitDKK -4,454DKK 633DKK 23k
Net profitDKK -6,253DKK 144DKK 16k
EquityDKK 132kDKK 138kDKK 138k
Total assetsDKK 145kDKK 146kDKK 158k
CashDKK 303DKK 1,207–
Short-term debtDKK 13kDKK 8,431–
Tax owed–DKK 308–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023186 Late
1 Jan 2022 – 31 Dec 2022217 Late
1 Jan 2021 – 31 Dec 2021185 Late
5 Dec 2019 – 31 Dec 2020167

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
CEOAlbert PolitoCurrent
Owner (100%)Albert PolitoCurrent
Owner (100%)Albert Polito
Owner (50%)Michael Jerome Norris II
Owner (50%)Albert Polito
FounderAlbert PolitoCurrent

The CEOs' other companies

Albert Polito – 2 other companies

Address history (0 moves)

Langkildevej 205, 2650 Hvidovre

Similar companies in Hvidovre

Questions and answers about Magic Data ApS

Has Magic Data ApS gone bankrupt?

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

What is the bankruptcy risk of Magic Data ApS?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the CEO of Magic Data ApS?

Albert Polito is the CEO of Magic Data ApS.

When was Magic Data ApS founded?

Magic Data ApS was founded on 5 December 2019.

What is the equity of Magic Data ApS?

Equity was DKK 132k 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.