MusicMagic ApS

CVR 45463125 · Private limited company (ApS) · Active · High risk

MusicMagic ApS is a Private limited company (ApS), founded on , based in Fredensborg. The company is registered in the industry detailhandel med informations- og kommunikationsudstyr. Our model estimates a bankruptcy risk of 6.5% over the next 12 months, which is 4.6 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -197k and a net result of DKK -217k. CEO: Poul Svensgaard, René Tamsborg Fechner.

Bankruptcy risk for MusicMagic ApS

6.5%
probability of bankruptcy within 12 months
High risk

4.6 × the average (1.41%) · higher risk than 94% of active Danish companies

Lowest riskHighest risk

Increases the risk

Age (years)1 yrs · bankruptcy rate 21.6%2.5×
Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Published annual reports1 · bankruptcy rate 18.7%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Number of CEOs2 · bankruptcy rate 5.7%0.65×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×
Qualification / emphasis of matterNo · bankruptcy rate 7.1%0.80×
Missed filing deadlines0 · bankruptcy rate 7.1%0.81×
CEO's other companies1 · bankruptcy rate 7.3%0.83×
Moves in the last 2 years0 · bankruptcy rate 7.4%0.84×

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
45463125
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Jægervænget 6
3480 Fredensborg
Municipality
Hillerød
Industry
Detailhandel med informations- og kommunikationsudstyr (474000)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-92.2%
Current ratio43%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year2025
Gross profitDKK -205k
Net profitDKK -217k
EquityDKK -197k
Total assetsDKK 214k
CashDKK 45k
Short-term debtDKK 412k
Avg. employees0

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

Filed annual reports

Reporting periodPublishedDays after period end
13 Mar 2025 – 31 Dec 2025165

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
CEOPoul SvensgaardCurrent
CEORené Tamsborg FechnerCurrent
Owner (50%)René Tamsborg FechnerCurrent
Owner (50%)SVENSGAARD HOLDING ApSCurrent
FounderRené Tamsborg FechnerCurrent
FounderSVENSGAARD HOLDING ApSCurrent

The CEOs' other companies

Poul Svensgaard – 5 other companies

Address history (0 moves)

Jægervænget 6, 3480 Fredensborg

Other companies at the same address

Similar companies in Hillerød

Questions and answers about MusicMagic ApS

Has MusicMagic ApS gone bankrupt?

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

What is the bankruptcy risk of MusicMagic ApS?

Our model estimates a bankruptcy risk of 6.5% over the next 12 months (high risk), which is 4.6 times the average for Danish companies.

Who is the CEO of MusicMagic ApS?

Poul Svensgaard, René Tamsborg Fechner are the CEOs of MusicMagic ApS.

When was MusicMagic ApS founded?

MusicMagic ApS was founded on 13 March 2025.

What is the equity of MusicMagic ApS?

Equity was DKK -197k 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.