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MU.ST Tech ApS
APS
Dissolved
CVR 40735887
Skindergade 31, 1.
Activities of advertising agencies · NACE 7311
Est. 2019
— employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2023
DKK 33K
-157% vs 2022
EBITDA margin
100.0%
+157% vs 2022
Equity ratio
-818.4%
Financial strength
Net profit 2023
DKK -926K
-551% vs 2022
EBITDA — year on year
DKK millions
0M
0M
1M
1M
1M
1M
2020
0M
-100%
2021
0M
0%
2022
0M
0%
2023
Key figures
Annual report 2023
Revenue
DKK 33K
-157%
EBITDA
DKK 33K
+157%
Net profit
DKK -926K
-551%
Total assets
DKK 126K
-89%
Equity
DKK -1M
-870%
Employees
—
—
Company information
Legal name
MU.ST Tech ApS
CVR number
40735887
Legal form
Anpartsselskab
NACE code
7311 · Activities of advertising agencies
Founded
26. august 2019
Share capital
DKK 40.000
Employees
—
VAT registered
No
Audit selected
No
Last report
2023-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede direktion i forening.
Contact
Address
Skindergade 31, 1.
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
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Companies in Activities of advertising agencies
Companies in København
All Denmark companies
Revenue
DKK millions
0M
1M
1M
2M
2M
2M
2020
0M
2021
0M
2022
0M
2023
EBITDA
DKK millions
0M
0M
1M
1M
1M
1M
2020
0M
2021
0M
2022
0M
2023
Income statement
DKK thousands
Item
2020
2021
2022
2023
Revenue
2.314
-29
-58
33
Staff expenses
-1.734
-0
-0
-0
EBITDA
580
-29
-58
33
Depreciation & amort.
-123
-99
-78
-15
EBIT
456
-128
-136
18
Net financials
-184
-231
-6
-944
Profit before tax
355
-359
-142
-926
Tax
98
-0
-0
-0
Net profit
257
-359
-142
-926
Balance sheet
DKK thousands
Item
2020
2021
2022
2023
Total assets
2.066
1.227
1.116
126
Equity
297
36
-106
-1.033
Long-term debt
0
0
0
0
Short-term debt
1.769
1.192
1.222
1.159
Total debt
1.769
1.192
1.222
1.159
Financial ratios
5-year trend
EBITDA margin
100.0%
This company
15.8%
Market median
+533% vs market
2020
2023
Equity ratio
-818.4%
This company
38.2%
Market median
-2242% vs market
2020
2023
Return on equity
-92612700.0%
This company
18.4%
Market median
-503329991% vs market
2020
2023
Net profit margin
-2807.2%
This company
8.1%
Market median
-34757% vs market
2020
2023
Asset turnover
0.26×
This company
1.12×
Market median
-77% vs market
2020
2023
Debt / equity
1.12×
This company
0.62×
Market median
-81% vs market
2020
2023
Annual reports & filings
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-08-26 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Age
Other directorships
MJ
Michael Jeppesen
Chief Executive Officer
Chief Executive Officer
2019
—
—
EG
Emre Gürsoy
Chief Executive Officer
Chief Executive Officer
2019
—
—
DB
Dennis Bøgestad Laursen
Management
Management
2021
—
—
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Colorcode ApS
Company
33.3%
33.3%
2020
Bo Kanstrup ApS
Company
15.0%
15.0%
2021
MU.ST ApS
Company
50.0%
50.0%
2020
Bøgestad ApS
Company
15.0%
15.0%
2021
Emre Gürsoy Holding ApS
Company
15.0%
15.0%
2019
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of MU.ST Tech ApS also hold positions in
0
other companies.
Person
Role here
Other companies
Michael Jeppesen
Chief Executive Officer
0 companies
Emre Gürsoy
Chief Executive Officer
0 companies
Dennis Bøgestad Laursen
Management
0 companies