Belle Kunst ApS
Private limited companyCVR 87773612StoubyActive
Belle Kunst ApS is a private limited company, based in Stouby, active in retail sale of art, founded in 1978. Net profit rose 1090% from 2024 to 2025, ending at DKK 240k. With 6 employees, the company is about 3 times larger than the industry median. Equity grew to DKK 1.8m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 10% (2024 → 2025), to DKK 1.7m.
- Net profit rose 1,090% (2024 → 2025), to DKK 240k.
- Equity rose 15% (2024 → 2025), to DKK 1.8m.
Employees
- 1 fewer employees than a year earlier: 6 (07/2026) against 7 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of art (476920)
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 2018–2025 · amounts in DKK thousandEquity and net profit
| 2018 | 2019 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,540 | 1,612 | 1,681 | 1,551 | 1,700 | +9.6% |
| Operating profit (EBIT) | 156 | 202 | 208 | 59 | 293 | +394.2% |
| Profit before tax | 124 | 160 | 194 | 44 | 294 | +568.7% |
| Net profit | 95 | 122 | 147 | 20 | 240 | +1,090.2% |
| Total assets | 2,582 | 2,934 | 3,125 | 3,218 | 3,314 | +3% |
| Equity | 389 | 511 | 1,576 | 1,596 | 1,836 | +15% |
| Liabilities | 2,193 | 2,417 | 1,547 | 1,622 | 1,478 | −8.8% |
| Cash and cash equivalents | 48 | 104 | 57 | 73 | 82 | +12.3% |
| Average number of employees | – | – | 4 | 4 | 0 | −100% |
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 2018, 2019, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2018–2025.
How is this calculated?
Net result is positive in the five 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
5 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 12/11/2025 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 25/10/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 23/11/2023 | The company | PDFXBRL |
| 2019 | 01/07/2018 – 30/06/2019 | 18/09/2019 | The company | PDFXBRL |
| 2018 | 01/07/2017 – 30/06/2018 | 04/10/2018 | 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
64 companies in the databaseComparison with the other companies in retail sale of art based on the latest financial year.
Industry median: gross profit DKK 1.4m, net profit DKK 68,145, equity DKK 1.2m, 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. 34,317of 69,742 Better than 51% | No. 25,458of 69,964 Better than 64% |
| Same industry and fewer than 20 employees62 companies in the comparison | No. 24of 61 Better than 62% | No. 25of 62 Better than 61% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 7,575of 10,152 Better than 25% | No. 8,015of 10,275 Better than 22% |
| All companies of type ApS66,508 companies in the comparison | No. 33,165of 66,379 Better than 50% | No. 21,556of 66,505 Better than 68% |
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
Retail sale of art- Belle Kunst ApSDKK 1.7m
- Poster & Frame Art Group ApSDKK 24.4m
- Edition Copenhagen A/SDKK 15.3m
- Belle Kunst ApSDKK 240k
- Poster & Frame Art Group ApSDKK 1.1m
- Edition Copenhagen A/SDKK 6m
- Belle Kunst ApSDKK 1.8m
- Poster & Frame Art Group ApSDKK 15.5m
- Edition Copenhagen A/SDKK 9.9m
- Belle Kunst ApS6
- Poster & Frame Art Group ApS75
- Edition Copenhagen A/S12
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Belle Hills Holding ApS50%
- Helle Munkholm Holding ApS33.33%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Munkholm | Director | 25/06/2018 |
| Helle Munkholm | Director | 25/06/2018 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Martin Munkholm | Board member | 28/09/2001 |
| Helle Munkholm | Board member | 28/09/2001 |
| Jens Peter Liep Sohn | Chair of the board | 21/10/2020 |
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Hanne Vallentin Munkholm | Director | 22/09/1978 | 25/06/2018 |
| Hanne Vallentin Munkholm | Board member | 28/09/2001 | 25/06/2018 |
| Allan Forum | Chair of the board | 25/06/2018 | 21/10/2020 |
| Trine Munkholm Jensen | Board member | 21/10/2020 | 01/01/2024 |
| Trine Munkholm Jensen | Director | 21/10/2020 | 01/01/2024 |
Signing rule: Selskabet tegnes af den samlede direktion eller af en direktør og bestyrelsesformanden i forening.
Address and production units
1 active production unitsVejlevej 145
7140 Stouby
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HORSENS KUNSTGALLERI V/BELLE KUNST APS | Vejlevej 145, Belle, 7140 Stouby | 7 | 1003219305 |
Purpose
Selskabets formål er at drive import samt engros og detailhandel med ægte tæpper, malerier, kunst og kunsthåndværk eller anden efter direktionens skøn dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
44 registered events20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Retail sale of art (476920)
20246 changesaccounts 1 · management 2 · ownership 3
- AccountsAnnual report for 2024 published
- ManagementTrine Munkholm Jensen stepped down as board member
- ManagementTrine Munkholm Jensen stepped down as director
- OwnershipHelle Munkholm Holding ApS registered as owner (33.33%)
- OwnershipBelle Hills Holding ApS registered as owner (50%)
- OwnershipTrine Munkholm Holding ApS is no longer registered as owner
20233 changesownership 2 · accounts 1
- OwnershipBelle Hills Holding ApS is no longer registered as owner
- OwnershipHelle Munkholm Holding ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20214 changesownership 4
- OwnershipBelle Hills Holding ApS registered as owner (50%)
- OwnershipHelle Munkholm Holding ApS registered as owner (33.33%)
- OwnershipHelle Munkholm is no longer registered as owner
- OwnershipMartin Munkholm is no longer registered as owner
20208 changesmanagement 4 · ownership 4
- ManagementTrine Munkholm Jensen appointed board member
- ManagementTrine Munkholm Jensen appointed director
- ManagementJens Peter Liep Sohn appointed chair of the board
- ManagementAllan Forum stepped down as chair of the board
- OwnershipTrine Munkholm Holding ApS registered as owner (10%)
- OwnershipHelle Munkholm registered as owner (33.33%)
- OwnershipTrine Munkholm Holding ApS is no longer registered as owner
- OwnershipHelle Munkholm is no longer registered as owner
20195 changesownership 3 · address 1 · accounts 1
- OwnershipTrine Munkholm Holding ApS registered as owner (5%)
- OwnershipHelle Munkholm registered as owner (50%)
- OwnershipHelle Munkholm is no longer registered as owner
- AddressMoved to Vejlevej 145, Belle, 7140 Stouby
- AccountsAnnual report for 2019 published
20186 changesaccounts 1 · management 5
- AccountsAnnual report for 2018 published
- ManagementAllan Forum appointed chair of the board
- ManagementMartin Munkholm appointed director
- ManagementHelle Munkholm appointed director
- ManagementHanne Vallentin Munkholm stepped down as board member
- ManagementHanne Vallentin Munkholm stepped down as director
20071 changeaddress 1
- AddressMoved to Vejlevej 145, Belle, 7140 Stouby
20014 changesname 1 · management 3
- NameName changed from BELLE-KUNST ApS to BELLE KUNST ApS
- ManagementMartin Munkholm appointed board member
- ManagementHanne Vallentin Munkholm appointed board member
- ManagementHelle Munkholm appointed board member
20002 changesownership 2
- OwnershipMartin Munkholm registered as owner (50%)
- OwnershipHelle Munkholm registered as owner (50%)
19961 changecapital 1
- CapitalShare capital changed from 80,000 DKK to 200,000 DKK
19782 changesfounded 1 · management 1
- FoundedRegistered as BELLE-KUNST ApS
- ManagementHanne Vallentin Munkholm appointed director
Related companies
Same people in management
- Jysk Spærfabrik A/Svia Ivan Refsgaard Jensen
- Compac Hydraulik A/Svia Bent Abild
- Egebjerg El A/Svia Ivan Refsgaard Jensen
- Shark & Co. A/Svia Allan Forum
- Lundhild ApSvia Ivan Refsgaard Jensen
- Grafisk Forum A/Svia Allan Forum
Largest in the industry
- Poster & Frame Art Group ApSDKK 24.4m
- Edition Copenhagen A/SDKK 15.3m
- Galleri Bo Bjerggaard ApSDKK 12.4m
- Nordfrim A/SDKK 10.6m
- Galleri Franz Pedersen ApSDKK 7m
- Galleri Nicolai Wallner ApSDKK 6.9m
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.