LH Music ApS

CVR 43705822 · Private limited company (ApS) · Active · Low risk

LH Music ApS is a Private limited company (ApS), founded on , based in Aarhus N. The company is registered in the industry ikke-specialiseret engroshandel. Our model estimates a bankruptcy risk of 0.9% over the next 12 months, which is 0.6 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 120k and a net result of DKK 144k. CEO: Joakim Jull Ludvigsen, Gunnar Sigfússon.

Bankruptcy risk for LH Music 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

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
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×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Equity vs. share capital2–5× · bankruptcy rate 6.3%0.72×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
RegionMidtjylland · bankruptcy rate 6.9%0.79×

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
43705822
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Bergensgade 11
8200 Aarhus N
Municipality
Aarhus
Industry
Ikke-specialiseret engroshandel (469000)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio7.4%
Current ratio108%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 161kDKK -88k
Net profitDKK 144kDKK -87k
EquityDKK 120kDKK -24k
Total assetsDKK 1.6mDKK 1.3m
CashDKK 855k–
Short-term debtDKK 1.5m–
Tax owedDKK 16k–

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 202558
1 Jan 2024 – 31 Dec 2024149
12 Dec 2022 – 31 Dec 2023180

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
CEOJoakim Jull LudvigsenCurrent
CEOGunnar SigfússonCurrent
Owner (100%)Luftens HelteCurrent
FounderLuftens HelteCurrent

Address history (1 moves)

Bergensgade 11, 8200 Aarhus N
Willemoesgade 68, 1. tv, 8200 Aarhus N

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Questions and answers about LH Music ApS

Has LH Music ApS gone bankrupt?

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

What is the bankruptcy risk of LH Music 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 LH Music ApS?

Joakim Jull Ludvigsen, Gunnar Sigfússon are the CEOs of LH Music ApS.

When was LH Music ApS founded?

LH Music ApS was founded on 12 December 2022.

What is the equity of LH Music ApS?

Equity was DKK 120k 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.