Protoned Music ApS

CVR 45454223 · Private limited company (ApS) · Active · Medium risk

Protoned Music ApS is a Private limited company (ApS), founded on , based in Silkeborg. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK 125k and a net result of DKK 85k. CEO: Michell Reich, Danny Korte Horsted.

Bankruptcy risk for Protoned Music ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
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×

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
45454223
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Viborgvej 110
8600 Silkeborg
Municipality
Silkeborg
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 1
Missing annual reportNo
Negative equityNo
Equity ratio82.9%
Current ratio584%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies1
Other companies at the address0
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK 112k
Net profitDKK 85k
EquityDKK 125k
Total assetsDKK 151k
CashDKK 10k
Short-term debtDKK 26k

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

Filed annual reports

Reporting periodPublishedDays after period end
9 Mar 2025 – 31 Dec 2025181

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
CEOMichell ReichCurrent
CEODanny Korte HorstedCurrent
Owner (50%)Michell ReichCurrent
Owner (50%)Danny Korte HorstedCurrent
FounderMichell ReichCurrent
FounderDanny Korte HorstedCurrent

The CEOs' other companies

Michell Reich – 1 other companies, of which 1 bankrupt

Address history (0 moves)

Viborgvej 110, 8600 Silkeborg

Similar companies in Silkeborg

Questions and answers about Protoned Music ApS

Has Protoned Music ApS gone bankrupt?

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

What is the bankruptcy risk of Protoned Music ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of Protoned Music ApS?

Michell Reich, Danny Korte Horsted are the CEOs of Protoned Music ApS.

When was Protoned Music ApS founded?

Protoned Music ApS was founded on 9 March 2025.

What is the equity of Protoned Music ApS?

Equity was DKK 125k 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.