Bitfield Audio ApS

CVR 41235136 · Private limited company (ApS) · Active · Medium risk

Bitfield Audio ApS is a Private limited company (ApS), founded on , based in Egå. The company is registered in the industry fremstilling af musikinstrumenter. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 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 (31 Dec 2025) shows equity of DKK -37k and a net result of DKK -13k. CEO: Jonatan Melkær Midtgaard.

Bankruptcy risk for Bitfield Audio ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
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×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Published annual reports5–10 · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×
Age (years)5–10 yrs · bankruptcy rate 7.0%0.80×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
Address changes3 · bankruptcy rate 7.5%0.85×

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
41235136
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
c/o Tobias Pisani, Brobjerg Parkvej 2A, 1. 3
8250 Egå
Municipality
Aarhus
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 equityYes
Equity ratio–
Current ratio–
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK -13k–
Net profitDKK -13kDKK 0
EquityDKK -37kDKK -24k
Total assetsDKK 0DKK 2,954
CashDKK 0–

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 2025140
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023184 Late
1 Jan 2022 – 31 Dec 2022196 Late
1 Jan 2021 – 31 Dec 2021171
10 Mar 2020 – 31 Dec 2020182

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
CEOJonatan Melkær MidtgaardCurrent
Owner (50%)Tobias Romvig PisaniCurrent
Owner (50%)Jonatan Melkær MidtgaardCurrent
FounderTobias Romvig PisaniCurrent
FounderJonatan Melkær MidtgaardCurrent

Address history (3 moves)

c/o Tobias Pisani, Brobjerg Parkvej 2A, 1. 3, 8250 Egå
c/o Tobias Pisani, Brobjerg Parkvej 2A, 1. 3, 8250 Egå
Mejlgade 95, 1., 8000 Aarhus C
Kirkegårdsvej 22, 3., 8000 Aarhus C

Other companies at the same address

Similar companies in Aarhus

Questions and answers about Bitfield Audio ApS

Has Bitfield Audio ApS gone bankrupt?

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

What is the bankruptcy risk of Bitfield Audio ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Bitfield Audio ApS?

Jonatan Melkær Midtgaard is the CEO of Bitfield Audio ApS.

When was Bitfield Audio ApS founded?

Bitfield Audio ApS was founded on 10 March 2020.

What is the equity of Bitfield Audio ApS?

Equity was DKK -37k 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.