CVR 39499185Private limited company (ApS)Anden udgivelse af software (582900)København KFounded 12 Apr 2018
Dandex has recorded no changes to this company since it began following the register.
Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.
Dandex is Danish company data. Connect it once and ask about Mu.st Render ApS, or any Danish company, from your assistant, the API or the command line. Answers come from the current record: owners and the ownership network, financials year by year, and the latest registered changes.
Set Up DandexEmployees
7
CVR registry, 2025
Gross profit
5.7M
DKK, annual report 2024
+124% on 2023
Result
-3.9M
DKK, annual report 2024
Equity
-6.7M
DKK, annual report 2024
MU.ST ApSCVR 26117283, 33.3% to under 50% of capital and votes, since 12 Apr 2018
Bo Kanstrup ApSCVR 42909963, 10% to under 15% of capital and votes, since 8 Dec 2021
and 3 moreMichael Jeppesenuntil 14 Oct 2025
Equity was negative at 31 Dec 2024: -6.7M DKK. Dandex estimate, computed 9 Nov 2026.
CVR 2611728333.3% to under 50% of capital and votesnotified 22 Jun 2021since 12 Apr 2018
CVR 261645755% to under 10% of capital and votessince 2 May 2023
CVR 419348245% to under 10% of capital and votessince 3 Jun 2021
CVR 4290996310% to under 15% of capital and votessince 8 Dec 2021
CVR 429099555% to under 10% of capital and votesnotified 1 May 2023since 8 Dec 2021
Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.
CVR 3706846233.3% to under 50% of capital and votes12 Apr 2018 to 7 Dec 2021
CVR 393748035% to under 10% of capital and votesnotified 15 Jul 20226 Nov 2020 to 15 Jul 2022
5% to under 10% of capital and votes1 May 2023 to 19 Dec 2023
CVR lists no current officers for this company.
CVR records founders at incorporation. It does not record whether they are alive or still involved.
12 Apr 2018 to 9 Nov 2026.
Aug 2025, monthly: 7 employees, 7 FTE
Arrow keys move through the periods, Home and End go to the first and the latest, Escape returns to the latest.
| Period | Jun 2018 | Jul 2018 | Aug 2018 | Nov 2018 | Dec 2018 | Jan 2019 | Feb 2019 | Mar 2019 | Apr 2019 | May 2019 | Jun 2019 | Jul 2019 | Aug 2019 | Sep 2019 | Oct 2019 | Nov 2019 | Dec 2019 | Jan 2020 | Feb 2020 | Mar 2020 | Apr 2020 | May 2020 | Jun 2020 | Jul 2020 | Aug 2020 | Sep 2020 | Oct 2020 | Nov 2020 | Dec 2020 | Jan 2021 | Feb 2021 | Mar 2021 | Apr 2021 | May 2021 | Jun 2021 | Jul 2021 | Aug 2021 | Sep 2021 | Oct 2021 | Nov 2021 | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 | Jul 2025 | Aug 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employees | 1 | 1 | 1 | 3 | 7 | 7 | 7 | 7 | 6 | 7 | 7 | 7 | 9 | 9 | 12 | 12 | 12 | 13 | 12 | 13 | 12 | 12 | 12 | 11 | 12 | 11 | 9 | 9 | 10 | 10 | 10 | 11 | 10 | 9 | 9 | 8 | 11 | 10 | 11 | 14 | 14 | 15 | 15 | 17 | 15 | 15 | 16 | 16 | 14 | 12 | 8 | 12 | 12 | 11 | 10 | 10 | 10 | 10 | 10 | 12 | 12 | 11 | 12 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 11 | 11 | 9 | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| FTE | 1 | 1 | 1 | 1 | 5 | 5 | 6 | 6 | 5 | 5 | 5 | 6 | 8 | 8 | 11 | 12 | 12 | 12 | 12 | 11 | 11 | 11 | 11 | 7 | 11 | 11 | 9 | 9 | 10 | 10 | 10 | 11 | 10 | 9 | 9 | 8 | 10 | 10 | 10 | 12 | 13 | 14 | 14 | 17 | 14 | 14 | 16 | 16 | 12 | 11 | 7 | 11 | 11 | 9 | 9 | 9 | 9 | 9 | 8 | 10 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | 11 | 9 | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Series | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Monthly Jun 2018 to Aug 2025.
CVR changed its monthly method in Oct 2019, so a step at that month need not be real.
Latest Aug 2025, published 21 Oct 2025. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Gross profit | 2,046 | 3,327 | 8,815 | 2,557 | 5,727 |
| Operating profit | -3,828 | Not reported | Not reported | -4,928 | -3,122 |
| Result for the year | -3,948 | -5,007 | -20 | -6,787 | -3,915 |
| Equity | -2,571 | -995 | 1,522 | -2,759 | -6,674 |
| Total assets | 3,097 | 7,229 | 8,953 | 5,845 | 9,597 |
| Employees (average) | 11 | 11 | 13 | 9 | 10 |
| Credit metrics (Dandex calculations) | |||||
| Gross profit growth (vækst i bruttofortjeneste) | -29.7% | 62.6% | 165% | -71% | 124% |
| EBITDA | -3,828 | Not reportednote 1 | Not reportednote 1 | -4,326 | -1,936 |
| EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) | -187.1% | Not reportednote 1 | Not reportednote 1 | -169.2% | -33.8% |
| Employee growth (vækst i antal ansatte) | 175% | 0% | 18.2% | -30.8% | 11.1% |
| Net interest-bearing debt (NIBD, nettorentebærende gæld) | -350note 2 | -3,290note 2 | 36 | 2,116 | 6,998 |
| ROIC (afkast af investeret kapital) | n.m.note 3 | n.m.note 3 | n.m.note 3 | -840.4%note 4 | n.m.note 3 |
| Capex (investeringer i anlægsaktiver) | Not reportednote 5 | Not reportednote 5 | Not reportednote 5 | 2,919note 6 | 2,935note 6 |
| NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender) | 1,641note 2 | -2,375note 2 | 36 | 2,116 | 6,998 |
DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.
Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. No cash flow statement filed (class A and B are exempt).
Annual report 2024
1 Jan 2024 to 31 Dec 2024, published 7 Jul 2025
Annual report 2023
1 Jan 2023 to 31 Dec 2023, published 11 Jul 2024
Annual report 2022
1 Jan 2022 to 31 Dec 2022, published 11 Jul 2023
Annual report 2021
1 Jan 2021 to 31 Dec 2021, published 14 Jul 2022
Annual report 2020
1 Jan 2020 to 31 Dec 2020, published 6 Dec 2021
Each registered value from the day it took effect, newest first.
From CVR, read 9 Nov 2026. Text such as the signing rule and purpose is shown as registered.
23 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.
Konkursdekret afsagt 14.10.2025 af Sø- og Handelsrettens Skifteretsafdeling
Bestyrelse:
Fratrådte:
Kåre Valentiner Jacobsen, (formand), den 14.10.2025, Michael Jeppesen, den 14.10.2025.
Direktion:
Fratrådte:
Michael Jeppesen, den 14.10.2025.
Revision:
Fratrådte:
inforevision statsautoriseret revisionsaktieselskab, den 14.10.2025.
Bestyrelse:
Fratrådte:
Jakob Stigler, den 01.06.2025.
Bestyrelse:
Fratrådte:
Jacob Lachmann, den 30.06.2025.
Direktion:
Fratrådte:
Jacob Lachmann, (adm. dir), den 30.06.2025.
Bestyrelse:
Tiltrådte:
Jacob Lachmann, den 14.01.2025.
Direktion:
Tiltrådte:
Jacob Lachmann, (adm. dir), den 14.01.2025.
Ny adresse: Skindergade 31, 1., 1159 København K
Direktion:
Fratrådte:
Dennis Bøgestad Laursen, den 06.08.2024.
Direktion:
Fratrådte:
Bo Kanstrup Hansen, den 15.06.2024.
Bestyrelse:
Tiltrådte:
Kåre Bo Jacobsen, (formand), den 27.06.2023, Michael Jeppesen, den 27.06.2023, Jakob Stigler, den 27.06.2023.
Vedtægter ændret: 16.05.2023
Kapitalforhøjelsen er besluttet den 16.05.2023.
kr. 2.635,00, indbetalt ved konvertering af gæld, kurs 100,00.
Kapitalen udgør herefter kr. 74.803,00.
Vedtægter ændret: 10.05.2023
Kapitalforhøjelsen er besluttet den 10.05.2023.
kr. 5.281,00, indbetalt ved konvertering af gæld, kurs 100,00.
Kapitalen udgør herefter kr. 72.168,00.
Vedtægter ændret: 15.07.2022
Kapitalforhøjelsen er besluttet den 15.07.2022.
kr. 4.493,00, indbetalt ved konvertering af gæld, kurs 56.472,64.
Kapitalen udgør herefter kr. 66.887,00.
Vedtægter ændret: 22.06.2021
Kapitalforhøjelsen er besluttet den 22.06.2021.
kr. 624,00, indbetalt kontant, kurs 100,00. kr. 624,00, indbetalt kontant, kurs 100,00. kr. 1.248,00, indbetalt kontant, kurs 100,00. kr. 624,00, indbetalt kontant, kurs 100,00. kr. 1.505,00, indbetalt kontant, kurs 102.205,08. kr. 624,00, indbetalt kontant, kurs 24.652,24. kr. 1.505,00, indbetalt kontant, kurs 102.205,08. kr. 728,00, indbetalt kontant, kurs 102.205,08. kr. 728,00, indbetalt kontant, kurs 102.205,08.
Kapitalen udgør herefter kr. 62.394,00.
Den under 30.08.2021 fremsendte anmodning til Sø- og Handelsrettens Skifteretsafdeling om opløsning af virksomheden, er tilbagetaget.
Likvidatorer:
Fratrådte:
Pernille Bigaard, den 30.11.2021.
Direktion:
Tiltrådte:
Bo Kanstrup Hansen, den 30.11.2021, Michael Jeppesen, den 30.11.2021, Dennis Bøgestad Laursen, den 30.11.2021.
Selskabet tegnes af én direktør.
Revision:
Tiltrådte:
CVR-NR. 19263096 inforevision statsautoriseret revisionsaktieselskab, Buddingevej 312, 2860 Søborg, den 30.11.2021.
Likvidatorer:
Tiltrådte:
Sø- og Handelsrettens Skifteretsafdeling har udnævnt følgende likvidatorer: Pernille Bigaard, 1256 København K, den 24.09.2021.
Virksomheden tegnes af en likvidator
Virksomhedens kreditorer opfordres til at anmelde deres krav til likvidator. Krav skal anmeldes senest tre måneder fra dags dato.
Anmodning om opløsning, jf. selskabslovens § 225 sendt til Sø- og Handelsrettens Skifteretsafdeling den 30.08.2021
Direktion:
Fratrådte:
Bo Kanstrup Hansen, den 30.08.2021, Michael Jeppesen, den 30.08.2021, Dennis Bøgestad Laursen, den 30.08.2021.
Revision:
Fratrådte:
REVIPOINT STATSAUTORISEREDE REVISORER A/S, den 30.08.2021.
Vedtægter ændret: 03.06.2021
Kapitalforhøjelsen er besluttet den 03.06.2021.
kr. 2.101,00, indbetalt kontant, kurs 88.606,60.
Kapitalen udgør herefter kr. 54.184,00.
Vedtægter ændret: 28.12.2020
Kapitalforhøjelsen er besluttet den 28.12.2020.
kr. 2.083,00, indbetalt kontant, kurs 57.609,22.
Kapitalen udgør herefter kr. 52.083,00.
Revision:
Tiltrådte:
CVR-NR. 31611520 REVIPOINT STATSAUTORISEREDE REVISORER A/S, Ragnagade 7, 2., 2100 København Ø, den 02.01.2020.
Vedtægter ændret: 21.04.2020
Formål ændret: Selskabets formål er at drive, videreudvikle og sælge en digital markedsføringsplatform samt anden i forbindelse hermed stående virksomhed.
Direktion:
Fratrådte:
Emre Gürsoy, (adm. dir), den 31.01.2020.
Vedtægter ændret: 18.09.2019
Nyt navn: Mu.st Render ApS
Ny adresse: Vester Voldgade 96, 1552 København V
Direktion:
Fratrådte:
Michael Jeppesen, (adm. dir), den 18.09.2019.
Tiltrådte:
Emre Gürsoy, (adm. dir), den 18.09.2019, Bo Kanstrup Hansen, den 18.09.2019, Michael Jeppesen, den 18.09.2019.
Stiftelsesdato: 12.04.2018.
Virkningsdato: 12.04.2018.
Seneste vedtægtsdato: 12.04.2018.
Kapital:
kr. 50.000,00.
Kapitalklasser: Nej
Indbetalingsmåde: Indbetalt kontant kr. 50.000,00 til kurs 100,00, fuldt indbetalt.
Stiftere:
CVR-NR. 26117283 MU.ST ApS, Noras Sidevej 2B, 2920 Charlottenlund, den 12.04.2018, CVR-NR. 37068462 Colorcode ApS, Læderstræde 34, 3., 1201 København K, den 12.04.2018.
Direktion:
Michael Jeppesen (adm. dir), den 12.04.2018.
Virksomheden tegnes af en direktør.
Første regnskabsår:
12.04.2018 - 31.12.2018.
Regnskabsår:
01.01 - 31.12.
Formål:
Virksomhedens formål er at drive konsulentvirksomhed med IT- og konsulentydelser hovedsageligt indenfor reklamebranchen samt enhver i forbindelse hermed stående virksomhed.
1 registered in CVR.
P-number 1023536885Skindergade 31, 1159 København K
