Mermaid Music A/S
Public limited companyCVR 37698644København NActive
Mermaid Music A/S is a public limited company, based in København N, active in sound recording and music publishing, founded in 2016. Equity was negative at the end of 2025 (−DKK 8.6m). The company made a loss in both 2024 and 2025, most recently DKK 819k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss got smaller: from DKK 1.5m to DKK 819k (2024 → 2025).
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −210 | 168 | −954 | 388 | −572 | −16 | +97.2% |
| Operating profit (EBIT) | −868 | −843 | −1,649 | −437 | −1,517 | −810 | +46.6% |
| Profit before tax | −1,012 | −1,013 | −1,651 | −437 | −1,511 | −819 | +45.8% |
| Net profit | −1,012 | −1,013 | −1,651 | −437 | −1,511 | −819 | +45.8% |
| Total assets | 1,077 | 1,641 | 997 | 2,007 | 690 | 655 | −5.1% |
| Equity | −3,181 | −4,194 | −5,845 | −6,282 | −7,793 | −8,613 | −10.5% |
| Liabilities | 4,258 | 5,835 | 6,842 | 8,289 | 8,483 | 9,267 | +9.2% |
| Cash and cash equivalents | 56 | 483 | 106 | 1,216 | 1 | 0 | −58.3% |
| Average number of employees | 3 | 3 | 2 | 2 | 2 | 2 | 0% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 8.6m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 22/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 02/04/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 15/04/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 06/04/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 16/03/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 12/03/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
98 companies in the databaseComparison with the other companies in sound recording and music publishing based on the latest financial year.
Industry median: gross profit DKK 1.1m, net profit DKK 44,863, equity DKK 605k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 63,891of 69,742 Better than 8% | No. 69,526of 69,964 Better than 1% |
| Same industry and fewer than 20 employees94 companies in the comparison | No. 87of 94 Better than 8% | No. 94of 94 Better than 0% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 31,532of 33,588 Better than 6% | No. 33,314of 33,687 Better than 1% |
| All companies of type A/S18,025 companies in the comparison | No. 16,647of 17,786 Better than 6% | No. 17,778of 18,024 Better than 1% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Sound recording and music publishing- Mermaid Music A/S−DKK 16,218
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- Mermaid Music A/S−DKK 819k
- Sony Music Entertainment Denmark A/SDKK 11m
- Warner Music Denmark A/SDKK 15.5m
- Mermaid Music A/S−DKK 8.6m
- Sony Music Entertainment Denmark A/SDKK 23.7m
- Warner Music Denmark A/SDKK 124.7m
- Mermaid Music A/S2
- Sony Music Entertainment Denmark A/S49
- Warner Music Denmark A/S18
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- T.rex Music Komplementar ApS33.33%
- Kristian Levring A/S33.33%
- Wishyouwerehere ApS33.33%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Christensen | Director | 20/05/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Nikolaj Foss | Board member | 20/05/2016 |
| Michael Christensen | Board member | 20/05/2016 |
| Jørgen Kristian Munk Levring | Board member | 11/12/2016 |
- Founders
- Dynasty Music Inc. ApS
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Daniel Herfort-Bruun | Board member | 20/05/2016 | 11/12/2016 |
| Poul Bruun | Board member | 11/12/2016 | 09/04/2024 |
Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsLæssøesgade 14
2200 København N
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Mermaid Music A/S | Læssøesgade 14, 2200 København N | 2 | 1021434716 |
Purpose
Selskabets formål er at indspille lydoptagelser og udgivelse af musik.
The purpose is quoted from the register in Danish.
Changes year by year
34 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesaccounts 1 · management 1
- AccountsAnnual report for 2023 published
- ManagementPoul Bruun stepped down as board member
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20228 changesownership 7 · accounts 1
- OwnershipT.REX MUSIC KOMPLEMENTAR ApS registered as owner (33.33%)
- OwnershipWishyouwerehere ApS registered as owner (33.33%)
- OwnershipKristian Levring A/S registered as owner (33.33%)
- OwnershipJørgen Kristian Munk Levring is no longer registered as owner
- OwnershipPOUL BRUUN PRODUCTION ApS is no longer registered as owner
- OwnershipT.REX MUSIC KOMPLEMENTAR ApS is no longer registered as owner
- OwnershipWishyouwerehere ApS is no longer registered as owner
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20195 changesownership 4 · capital 1
- OwnershipT.REX MUSIC KOMPLEMENTAR ApS registered as owner (20%)
- OwnershipWishyouwerehere ApS registered as owner (20%)
- OwnershipT.REX MUSIC KOMPLEMENTAR ApS is no longer registered as owner
- OwnershipWishyouwerehere ApS is no longer registered as owner
- CapitalShare capital changed from 1,000,000 DKK to 1,100,000 DKK
201615 changescapital 1 · management 7 · ownership 6 · founded 1
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
- ManagementPoul Bruun appointed board member
- ManagementJørgen Kristian Munk Levring appointed board member
- ManagementDaniel Herfort-Bruun stepped down as board member
- OwnershipJørgen Kristian Munk Levring registered as owner (25%)
- OwnershipPOUL BRUUN PRODUCTION ApS registered as owner (25%)
- OwnershipT.REX MUSIC KOMPLEMENTAR ApS registered as owner (25%)
- OwnershipWishyouwerehere ApS registered as owner (25%)
- OwnershipDYNASTY MUSIC INC. ApS is no longer registered as owner
- FoundedRegistered as Mermaid Music A/S
- ManagementDaniel Herfort-Bruun appointed board member
- ManagementNikolaj Foss appointed board member
- ManagementMichael Christensen appointed director
- ManagementMichael Christensen appointed board member
- OwnershipDYNASTY MUSIC INC. ApS registered as owner (100%)
Related companies
Same industry in København
- KM Studio Denmark ApS102 employees
- Sony Music Entertainment Denmark A/S49 employees
- United Stage Danmark ApS42 employees
- Upright Music ApS29 employees
- Target Group ApS17 employees
- MonoMono ApS16 employees
Same people in management
- Tisvilde Gastronomi ApSvia Poul Bruun
- Copenhagen Visual ApSvia Jørgen Kristian Munk Levring
- Welcome Post Production A/Svia Jørgen Kristian Munk Levring
- Levring & Levring A/Svia Jørgen Kristian Munk Levring
- Copenhagen Color ApSvia Jørgen Kristian Munk Levring
- Aksel Møllers Have A/Svia Jørgen Kristian Munk Levring
Largest in the industry
- Sony Music Entertainment Denmark A/SDKK 58.8m
- Warner Music Denmark A/SDKK 41.1m
- United Stage Danmark ApSDKK 37.8m
- Volbeat ApSDKK 26.1m
- Upright Music ApSDKK 23.5m
- Edition Wilhelm Hansen A/SDKK 16m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.