Music & Joy ApS

CVR 41335475 · Private limited company (ApS) · Active · Low risk

Music & Joy ApS is a Private limited company (ApS), founded on , based in Hellerup. The company is registered in the industry udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events. 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 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 4.3m and a net result of DKK 993k. CEO: Michael Mendel-Hartvig.

Bankruptcy risk for Music & Joy 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

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×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · 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×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
41335475
Status
Active
Company type
Private limited company (ApS)
Founded
(6 years)
Address
Strandparksvej 24
2900 Hellerup
Municipality
Gentofte
Industry
Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events (773990)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 6
Missing annual reportNo
Negative equityNo
Equity ratio56.2%
Current ratio219%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.9mDKK 3.3mDKK 3.2m
Net profitDKK 993kDKK 948kDKK 445k
EquityDKK 4.3mDKK 3.3mDKK 2.4m
Total assetsDKK 7.7mDKK 6.5mDKK 5.0m
CashDKK 1.8mDKK 1.6m–
Short-term debtDKK 3.4mDKK 3.2m–
Tax owedDKK 98k––
Avg. employees55–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024153
1 Jan 2023 – 31 Dec 2023149
1 Jan 2022 – 31 Dec 2022162
1 Jan 2021 – 31 Dec 2021116
30 Apr 2020 – 31 Dec 2020189 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
CEOMichael Mendel-HartvigCurrent
Owner (100%)Mads Mendel-HartvigCurrent
FounderMads Mendel-HartvigCurrent

The CEOs' other companies

Michael Mendel-Hartvig – 2 other companies

Address history (0 moves)

Strandparksvej 24, 2900 Hellerup

Other companies at the same address

Similar companies in Gentofte

Questions and answers about Music & Joy ApS

Has Music & Joy ApS gone bankrupt?

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

What is the bankruptcy risk of Music & Joy 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 CEO of Music & Joy ApS?

Michael Mendel-Hartvig is the CEO of Music & Joy ApS.

When was Music & Joy ApS founded?

Music & Joy ApS was founded on 30 April 2020.

What is the equity of Music & Joy ApS?

Equity was DKK 4.3m 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.