Danmark Music Group ApS

CVR 42697702 · Private limited company (ApS) · Active · Low risk

Danmark Music Group ApS is a Private limited company (ApS), founded on , based in Randers NV. The company is registered in the industry computerprogrammering. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 5 annual reports have been published, of which 5 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -4.8m and a net result of DKK 87k. CEO: Dan Bakkestrøm Hougesen, Nicolai Dvinge, Mark Wills.

Bankruptcy risk for Danmark Music Group ApS

0.9%
probability of bankruptcy within 12 months
Low risk

0.6 × the average (1.41%) · higher risk than 70% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports75%+ · bankruptcy rate 29.8%3.4×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×

Reduces the risk

Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Number of CEOs3+ · bankruptcy rate 4.0%0.46×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
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
42697702
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Mariagervej 121
8920 Randers NV
Municipality
Randers
Industry
Computerprogrammering (621000)
Bankruptcies in the industry: Konsulentbistand vedrørende informationsteknologi
Share capital
DKK 40k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late5 of 5
Missing annual reportNo
Negative equityYes
Equity ratio-34.6%
Current ratio69%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address8
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 567kDKK -3.4mDKK -1.4m
Net profitDKK 87kDKK -3.6mDKK -1.7m
EquityDKK -4.8mDKK -4.9mDKK -1.3m
Total assetsDKK 13.9mDKK 11.6mDKK 14.1m
CashDKK 4.3mDKK 4.3m–
Short-term debtDKK 18.7mDKK 16.5m–
Avg. employees33–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025197 Late
1 Jan 2024 – 31 Dec 2024207 Late
1 Jan 2023 – 31 Dec 2023194 Late
1 Jan 2022 – 31 Dec 2022191 Late
15 Sep 2021 – 31 Dec 2021189 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
CEODan Bakkestrøm HougesenCurrent
CEONicolai DvingeCurrent
CEOMark WillsCurrent
Owner (100%)N ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderN ApSCurrent

The CEOs' other companies

Dan Bakkestrøm Hougesen – 3 other companies

Nicolai Dvinge – 11 other companies, of which 1 bankrupt

Address history (1 moves)

Mariagervej 121, 8920 Randers NV
Mariagervej 121, 8920 Randers NV

Other companies at the same address

Similar companies in Randers

Questions and answers about Danmark Music Group ApS

Has Danmark Music Group ApS gone bankrupt?

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

What is the bankruptcy risk of Danmark Music Group ApS?

Our model estimates a bankruptcy risk of 0.9% over the next 12 months (low risk), which is 0.6 times the average for Danish companies.

Who is the CEO of Danmark Music Group ApS?

Dan Bakkestrøm Hougesen, Nicolai Dvinge, Mark Wills are the CEOs of Danmark Music Group ApS.

Who is the auditor of Danmark Music Group ApS?

Danmark Music Group ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Danmark Music Group ApS founded?

Danmark Music Group ApS was founded on 15 September 2021.

What is the equity of Danmark Music Group ApS?

Equity was DKK -4.8m 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.