IK Music ApS

CVR 44347512 · Private limited company (ApS) · Active · Low risk

IK Music ApS is a Private limited company (ApS), founded on , based in Vanløse. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 2 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 78k and a net result of DKK -8,232. CEO: Isaac Bagayaza Kasule.

Bankruptcy risk for IK Music ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Published annual reports2 · bankruptcy rate 16.7%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Return on assets-20%–0% · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×

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
44347512
Status
Active
Company type
Private limited company (ApS)
Founded
(3 years)
Address
Godthåbsvej 221, 2. th
2720 Vanløse
Municipality
København
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 2
Missing annual reportNo
Negative equityNo
Equity ratio97.8%
Current ratio4,583%
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 year20252024
Gross profitDKK -10kDKK 61k
Net profitDKK -8,232DKK 47k
EquityDKK 78kDKK 87k
Total assetsDKK 80kDKK 101k
CashDKK 37k–
Short-term debtDKK 1,750–
Tax owedDKK 0–
Avg. employees0–

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
4 Oct 2023 – 31 Dec 202474

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
CEOIsaac Bagayaza KasuleCurrent
Owner (100%)The Ikigai ApSCurrent
FounderThe Ikigai ApSCurrent

The CEOs' other companies

Isaac Bagayaza Kasule – 1 other companies

Address history (0 moves)

Godthåbsvej 221, 2. th, 2720 Vanløse

Other companies at the same address

Similar companies in København

Questions and answers about IK Music ApS

Has IK Music ApS gone bankrupt?

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

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

Isaac Bagayaza Kasule is the CEO of IK Music ApS.

When was IK Music ApS founded?

IK Music ApS was founded on 4 October 2023.

What is the equity of IK Music ApS?

Equity was DKK 78k 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.