Brainchild ApS
Private limited companyCVR 37999806HorsensActive
Brainchild ApS is a private limited company, based in Horsens, active in visual arts creation, founded in 2016. Net profit fell 78% from 2024 to 2025, ending at DKK 135k. Equity fell to DKK 678k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 28% (2024 → 2025), to DKK 1.5m.
- Net profit fell 78% (2024 → 2025), to DKK 135k.
- Equity fell 41% (2024 → 2025), to DKK 678k.
Registrations, last 24 months
- 01/01/2025: Industry changed to Visual arts creation (901200)
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 | 1,662 | 2,747 | 2,180 | 2,036 | 2,126 | 1,532 | −28% |
| Operating profit (EBIT) | 981 | 1,162 | 478 | 386 | 806 | 175 | −78.3% |
| Profit before tax | 975 | 1,142 | 458 | 376 | 795 | 174 | −78.1% |
| Net profit | 760 | 889 | 358 | 292 | 620 | 135 | −78.2% |
| Total assets | 2,328 | 3,094 | 2,531 | 2,085 | 2,284 | 2,004 | −12.3% |
| Equity | 940 | 1,772 | 930 | 823 | 1,142 | 678 | −40.7% |
| Liabilities | 1,376 | 1,316 | 1,598 | 1,263 | 1,140 | 1,326 | +16.3% |
| Cash and cash equivalents | 1,902 | 2,245 | 1,120 | 995 | 872 | 914 | +4.8% |
| Average number of employees | 2 | 3 | 3 | 3 | 2 | 3 | +50% |
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 figuresEquity fell sharply
Equity fell 41% from 2024 to 2025 (DKK 1.1m to DKK 678k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Profit for five years in a row
Net result has been positive in 2021–2025.
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
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 06/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/03/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 18/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 25/04/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/05/2022 | The company | PDF not statedXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/03/2021 | The company | PDF not statedXBRL |
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
62 companies in the databaseComparison with the other companies in visual arts creation based on the latest financial year.
Industry median: gross profit DKK 706k, net profit DKK 30,133, equity DKK 183k, 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. 36,476of 69,742 Better than 48% | No. 38,628of 69,964 Better than 45% |
| Same industry and fewer than 20 employees59 companies in the comparison | No. 17of 59 Better than 72% | No. 20of 59 Better than 67% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 19,447of 33,588 Better than 42% | No. 18,035of 33,687 Better than 46% |
| All companies of type ApS66,508 companies in the comparison | No. 35,232of 66,379 Better than 47% | No. 34,499of 66,505 Better than 48% |
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
Visual arts creation- Brainchild ApSDKK 1.5m
- Thomas Dambo Art ApSDKK 27.6m
- Kkart Kunstnernes Kooperative ApSDKK 16.3m
- Brainchild ApSDKK 135k
- Thomas Dambo Art ApSDKK 11.3m
- Kkart Kunstnernes Kooperative ApSDKK 172k
- Brainchild ApSDKK 678k
- Thomas Dambo Art ApSDKK 13.5m
- Kkart Kunstnernes Kooperative ApSDKK 471k
- Brainchild ApS3
- Thomas Dambo Art ApS23
- Kkart Kunstnernes Kooperative ApS73
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Brix Midtgaard Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Brix Midtgaard | Director | 12/09/2016 |
- Founders
- Martin Brix Midtgaard
Signing rule: Selskabet tegnes af en direktør
Address and production units
1 active production unitsJenny Kammersgaards Vej 11
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Brainchild | Jenny Kammersgaards Vej 11, 8700 Horsens | 3 | 1027063256 |
Purpose
Selskabets formål er at drive virksomhed med salg af kreativ design og udfoldelse af aktiviteter i forbindelse hermed
The purpose is quoted from the register in Danish.
Changes year by year
20 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Visual arts creation (901200)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Jenny Kammersgaards Vej 11, 8700 Horsens
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Skovgaardsgade 17, st, 8000 Aarhus C
- AccountsAnnual report for 2021 published
20218 changesaddress 3 · ownership 2 · name 1 · capital 1 · accounts 1
- AddressMoved to Skovgaardsgade 17, st, 8000 Aarhus C
- AddressMoved to Skovgaardsgade 17, st, 8000 Aarhus C
- OwnershipBrix Midtgaard Holding ApS registered as owner (100%)
- OwnershipMartin Brix Midtgaard is no longer registered as owner
- NameName changed from brainchild IVS to Brainchild ApS
- AddressMoved to Sundbakken 50, 8700 Horsens
- CapitalShare capital changed from 5 DKK to 50,000 DKK
- AccountsAnnual report for 2020 published
20164 changesaddress 1 · founded 1 · management 1 · ownership 1
- AddressMoved to Hasle Centervej 275, 4. th, Hasle, 8210 Aarhus V
- FoundedRegistered as brainchild IVS
- ManagementMartin Brix Midtgaard appointed director
- OwnershipMartin Brix Midtgaard registered as owner (100%)
Related companies
Largest in the industry
- Thomas Dambo Art ApSDKK 27.6m
- Kkart Kunstnernes Kooperative ApSDKK 16.3m
- Smykbar ApSDKK 10.3m
- Malerifabrikken A/SDKK 8.3m
- Superflex Studio ApSDKK 7.8m
- Brick Works ApSDKK 6.7m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.