TS Music ApS

CVR 45482944 · Private limited company (ApS) · Active · Medium risk

TS Music ApS is a Private limited company (ApS), founded on , based in København V. The company is registered in the industry indspilning af lydoptagelser og udgivelse af musik. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 1 annual report has been published. The latest annual report (31 Dec 2025) shows equity of DKK -212k and a net result of DKK -232k. CEO: Tim Steinbach.

Bankruptcy risk for TS Music ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% 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×
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×

Reduces the risk

Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
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×
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
45482944
Status
Active
Company type
Private limited company (ApS)
Founded
(1 years)
Address
Enghavevej 4
1674 København V
Municipality
København
Industry
Indspilning af lydoptagelser og udgivelse af musik (592000)
Bankruptcies in the industry: Produktion af film og videofilm
Share capital
DKK 20k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 1
Missing annual reportNo
Negative equityYes
Equity ratio-176.2%
Current ratio36%
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 year2025
Gross profitDKK -41k
Net profitDKK -232k
EquityDKK -212k
Total assetsDKK 120k
CashDKK 120k
Short-term debtDKK 332k

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

Filed annual reports

Reporting periodPublishedDays after period end
19 Mar 2025 – 31 Dec 2025178

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
CEOTim SteinbachCurrent
Owner (100%)Tim SteinbachCurrent
FounderTim SteinbachCurrent

Address history (0 moves)

Enghavevej 4, 1674 København V

Other companies at the same address

Similar companies in København

Questions and answers about TS Music ApS

Has TS Music ApS gone bankrupt?

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

What is the bankruptcy risk of TS Music ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of TS Music ApS?

Tim Steinbach is the CEO of TS Music ApS.

When was TS Music ApS founded?

TS Music ApS was founded on 19 March 2025.

What is the equity of TS Music ApS?

Equity was DKK -212k 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.