IT & MUSIC ApS

CVR 41115599 · Private limited company (ApS) · Active · Low risk

IT & MUSIC ApS is a Private limited company (ApS), founded on , based in Kastrup. The company is registered in the industry computerkonsulentbistand og forvaltning af computerfaciliteter. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 6 annual reports have been published, of which 4 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 71k and a net result of DKK 42k.

Bankruptcy risk for IT & MUSIC ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
CEOs in total (historical)0 · bankruptcy rate 12.4%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · 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
41115599
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Præstefælledvej 130
2770 Kastrup
Municipality
Tårnby
Industry
Computerkonsulentbistand og forvaltning af computerfaciliteter (622000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
Kreston AKCStatsautoriseret Revisionsvirksomhed
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 6
Missing annual reportNo
Negative equityNo
Equity ratio48.0%
Current ratio192%
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 56kDKK 10k
Net profitDKK 42kDKK 2,312
EquityDKK 71kDKK 30k
Total assetsDKK 149kDKK 95k
CashDKK 67k–
Short-term debtDKK 78k–
Tax owedDKK 14k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kreston AKCStatsautoriseret Revisionsvirksomhed.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025155
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023187 Late
1 Jan 2022 – 31 Dec 2022197 Late
1 Jan 2021 – 31 Dec 2021188 Late
24 Jan 2020 – 31 Dec 2020191 Late

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
Owner (100%)Michael Sandgren ChristensenCurrent
FounderMichael Sandgren ChristensenCurrent

Address history (0 moves)

Præstefælledvej 130, 2770 Kastrup

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Questions and answers about IT & MUSIC ApS

Has IT & MUSIC ApS gone bankrupt?

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

What is the bankruptcy risk of IT & MUSIC ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the auditor of IT & MUSIC ApS?

IT & MUSIC ApS most recently used Kreston AKCStatsautoriseret Revisionsvirksomhed.

When was IT & MUSIC ApS founded?

IT & MUSIC ApS was founded on 24 January 2020.

What is the equity of IT & MUSIC ApS?

Equity was DKK 71k 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.