Musikstart ApS

CVR 41179791 · Private limited company (ApS) · Active · High risk

Musikstart ApS is a Private limited company (ApS), founded on , based in Nykøbing F. The company is registered in the industry detailhandel med musikinstrumenter. Our model estimates a bankruptcy risk of 3.4% over the next 12 months, which is 2.4 times the average for Danish companies. 5 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Jun 2025) shows equity of DKK 581k and a net result of DKK 304k. CEO: Helen Wilcken Løje.

Bankruptcy risk for Musikstart ApS

3.4%
probability of bankruptcy within 12 months
High risk

2.4 × the average (1.41%) · higher risk than 88% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
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×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
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×

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
41179791
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Toldbodgade 11
4800 Nykøbing F
Municipality
Guldborgsund
Industry
Detailhandel med musikinstrumenter (476910)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 40k
Auditor
Kamper + Andersen, statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 5
Missing annual reportNo
Negative equityNo
Equity ratio54.8%
Current ratio209%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address7
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 802kDKK 411kDKK 540k
Net profitDKK 304kDKK 6,163DKK 133k
EquityDKK 581kDKK 276kDKK 270k
Total assetsDKK 1.1mDKK 836kDKK 900k
CashDKK 69kDKK 65k–
Short-term debtDKK 400kDKK 551k–
Tax owedDKK 5,112DKK 40k–
Avg. employees11–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Kamper + Andersen, statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jul 2024 – 30 Jun 2025196 Late
1 Jul 2023 – 30 Jun 2024200 Late
1 Jul 2022 – 30 Jun 2023206 Late
1 Jul 2021 – 30 Jun 2022181
19 Feb 2020 – 30 Jun 2021161

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
CEOHelen Wilcken LøjeCurrent
Owner (100%)Helen Wilcken LøjeCurrent
FounderHelen Wilcken LøjeCurrent

Address history (0 moves)

Toldbodgade 11, 4800 Nykøbing F

Other companies at the same address

Similar companies in Guldborgsund

Questions and answers about Musikstart ApS

Has Musikstart ApS gone bankrupt?

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

What is the bankruptcy risk of Musikstart ApS?

Our model estimates a bankruptcy risk of 3.4% over the next 12 months (high risk), which is 2.4 times the average for Danish companies.

Who is the CEO of Musikstart ApS?

Helen Wilcken Løje is the CEO of Musikstart ApS.

Who is the auditor of Musikstart ApS?

Musikstart ApS most recently used Kamper + Andersen, statsautoriseret revisionsaktieselskab.

When was Musikstart ApS founded?

Musikstart ApS was founded on 19 February 2020.

What is the equity of Musikstart ApS?

Equity was DKK 581k 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.