More Design Co. ApS

CVR 42841870 · Private limited company (ApS) · Active · Low risk

More Design Co. ApS is a Private limited company (ApS), founded on , based in Brabrand. The company is registered in the industry industrielt design og modedesign. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 4 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 375k and a net result of DKK 77k. CEO: Morten Bau, Rene' Kirkegaard-Larsen.

Bankruptcy risk for More Design Co. ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

Share of late annual reports50%–75% · bankruptcy rate 18.4%2.1×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
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×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · 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
42841870
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o Baum Guitar Co., Rosbjergvej 22A
8220 Brabrand
Municipality
Aarhus
Industry
Industrielt design og modedesign (741100)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 4
Missing annual reportNo
Negative equityNo
Equity ratio57.9%
Current ratio238%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address15
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 119kDKK 67kDKK 63k
Net profitDKK 77kDKK 14kDKK 34k
EquityDKK 375kDKK 297kDKK 313k
Total assetsDKK 647kDKK 883kDKK 777k
CashDKK 125kDKK 286k–
Short-term debtDKK 272kDKK 586k–
Tax owedDKK 15kDKK 0–
Avg. employees00–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023184 Late
17 Nov 2021 – 31 Dec 2022188 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
CEOMorten BauCurrent
CEORene' Kirkegaard-LarsenCurrent
Owner (50%)CREALIS ApSCurrent
Owner (50%)MORTEN BAU HOLDING ApSCurrent
FounderCREALIS ApSCurrent
FounderMORTEN BAU HOLDING ApSCurrent

The CEOs' other companies

Morten Bau – 4 other companies, of which 1 bankrupt

Rene' Kirkegaard-Larsen – 6 other companies, of which 2 bankrupt

Address history (2 moves)

c/o Baum Guitar Co., Rosbjergvej 22A, 8220 Brabrand
c/o Baum Guitar Co., Rosbjergvej 22A, 8220 Brabrand
c/o Baum Guitar Co., Rosbjergvej 58S, 8220 Brabrand

Other companies at the same address

Similar companies in Aarhus

Questions and answers about More Design Co. ApS

Has More Design Co. ApS gone bankrupt?

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

What is the bankruptcy risk of More Design Co. ApS?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of More Design Co. ApS?

Morten Bau, Rene' Kirkegaard-Larsen are the CEOs of More Design Co. ApS.

When was More Design Co. ApS founded?

More Design Co. ApS was founded on 17 November 2021.

What is the equity of More Design Co. ApS?

Equity was DKK 375k 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.