PLAYGROUND MUSIC DENMARK A/S

CVR 73653010 · Public limited company (A/S) · Active · Low risk

PLAYGROUND MUSIC DENMARK A/S is a Public limited company (A/S), 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 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 5.5m and a net result of DKK 2.3m.

Bankruptcy risk for PLAYGROUND MUSIC DENMARK A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 18% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×
Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×

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
73653010
Status
Active
Company type
Public limited company (A/S)
Founded
(42 years)
Address
Vesterbrogade 69D, 2.
1620 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 600k
Employees
7 (2018)
Auditor
Cedra Godkendt Revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late7 of 29
Missing annual reportNo
Negative equityNo
Equity ratio67.9%
Current ratio287%
Moves (last 2 years)0
CEO changes in total6
CEO's previous bankruptcies0
Other companies at the address31
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 5.3mDKK 5.0mDKK 4.4m
Net profitDKK 2.3mDKK 1.9mDKK 1.5m
EquityDKK 5.5mDKK 5.1mDKK 4.6m
Total assetsDKK 8.2mDKK 8.3mDKK 8.3m
CashDKK 2.6mDKK 2.8m–
Short-term debtDKK 2.6mDKK 3.2m–
Avg. employees66–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025125
1 Jan 2024 – 31 Dec 2024141
1 Jan 2023 – 31 Dec 2023123
1 Jan 2022 – 31 Dec 2022130
1 Jan 2021 – 31 Dec 2021117
1 Jan 2020 – 31 Dec 2020126
1 Jan 2019 – 31 Dec 2019150
1 Jan 2018 – 31 Dec 2018119
1 Jan 2017 – 31 Dec 2017102
1 Jan 2016 – 31 Dec 2016135
1 Oct 2014 – 30 Sep 201583
1 Oct 2013 – 30 Sep 2014105
1 Oct 2012 – 30 Sep 201396
1 Oct 2011 – 30 Sep 201296
1 Oct 2010 – 30 Sep 2011102
1 Oct 2009 – 30 Sep 2010256 Late
1 Oct 2008 – 30 Sep 2009133
1 Oct 2007 – 30 Sep 2008147
1 Oct 2006 – 30 Sep 2007150
1 Oct 2005 – 30 Sep 2006135

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
CEOEjvin Schytte
CEOKjeld Lennart Wennick
CEOKjeld Lennart Wennick
CEOPhilip Helmer Lønborg
CEOIvar Jonas Eric Sjöström
BoardBertil Torgny SjöCurrent
BoardIvar Jonas Eric SjöströmCurrent
BoardSøren Krogh ThompsonCurrent
BoardNils Mårten AglanderCurrent
BoardEjvin Schytte
BoardKjeld Lennart Wennick
BoardPhilip Helmer Lønborg
BoardHans Peter Hansen
BoardTamar Wennick
BoardClaes Brandt Cornelius
BoardKjeld Lennart Wennick
BoardJohan Kristian Delfs
BoardJakob Deichmann
BoardJörn Meyer
BoardHelge Olaf Trilck
BoardMichael Poul Maria Haentjes
BoardFriedhelm Karl de Wall
BoardMichael Alexander Fitzgerald Baur
BoardAnders Lassen
BoardSven Ewert Krister Eiman
Owner (100%)Playground Music Scandinavia ABCurrent
AuditorCedra Godkendt RevisionsaktieselskabCurrent
AuditorPeter Eilers
AuditorEY Danmark A/S
AuditorANDERSEN STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorCJ Partnership I/S
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Ejvin Schytte – 9 other companies, of which 5 bankrupt

Kjeld Lennart Wennick – 11 other companies, of which 1 bankrupt

Philip Helmer Lønborg – 50 other companies, of which 15 bankrupt

Address history (3 moves)

Vesterbrogade 69D, 2., 1620 København V
Frederiksberggade 28, 2. th, 1459 København K
Grønnegade 3, 1107 København K
Indiakaj 1, 2100 København Ø

Former names

PLAYGROUND MUSIC DENMARK A/S – now
EDEL/MEGA RECORDS A/S –
MEGA SCANDINAVIA A/S –
MEGARECORDS ApS –

Employees per year

Number of employees at PLAYGROUND MUSIC DENMARK A/S per year472011: 720112012: 420122013: 320132014: 420142015: 420152016: 520162017: 620172018: 72018

Other companies at the same address

Similar companies in København

Questions and answers about PLAYGROUND MUSIC DENMARK A/S

Has PLAYGROUND MUSIC DENMARK A/S gone bankrupt?

No, PLAYGROUND MUSIC DENMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of PLAYGROUND MUSIC DENMARK A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of PLAYGROUND MUSIC DENMARK A/S?

PLAYGROUND MUSIC DENMARK A/S most recently used Cedra Godkendt Revisionsaktieselskab.

When was PLAYGROUND MUSIC DENMARK A/S founded?

PLAYGROUND MUSIC DENMARK A/S was founded on 1 April 1984.

What is the equity of PLAYGROUND MUSIC DENMARK A/S?

Equity was DKK 5.5m 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.