By Maleren ApS
Private limited companyCVR 39254417Odense SVActive
By Maleren ApS is a private limited company, based in Odense SV, active in painting, founded in 2018. Equity fell to DKK 257k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit fell 3% (2024 → 2025), to DKK 128k.
- Equity fell 36% (2024 → 2025), to DKK 257k.
Management and owners, last 24 months
- New owners registered: Mahmoud Chini (09/04/2026).
- No longer registered as owner: Mahmoud Chini (08/04/2026) and Emad Hamdan (09/04/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Painting (433410)
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 | 1,341 | 1,528 | 1,514 | 1,699 | 1,525 | not stated | – |
| Gross profit | 965 | 983 | 962 | 958 | 943 | 951 | +0.8% |
| Operating profit (EBIT) | 199 | 22 | 98 | 30 | 177 | 177 | −0.1% |
| Profit before tax | 199 | 19 | 91 | 30 | 170 | 170 | +0.4% |
| Net profit | 156 | 15 | 71 | 23 | 132 | 128 | −3.1% |
| Total assets | 635 | 402 | 453 | 525 | 668 | 557 | −16.5% |
| Equity | 158 | 173 | 243 | 267 | 399 | 257 | −35.5% |
| Liabilities | 478 | 230 | 210 | 259 | 269 | 300 | +11.7% |
| Cash and cash equivalents | 535 | 259 | 301 | 260 | 87 | 54 | −37.7% |
| Average number of employees | 2 | 2 | 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 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 36% from 2024 to 2025 (DKK 399k to DKK 257k).
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 | 20/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 09/05/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 25/06/2024 | The company | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 13/05/2022 | The company | PDF not statedXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/05/2021 | 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
815 companies in the databaseComparison with the other companies in painting based on the latest financial year.
Industry median: gross profit DKK 2.3m, net profit DKK 152k, equity DKK 642k, 4 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. 45,638of 69,742 Better than 35% | No. 48,543of 69,964 Better than 31% |
| Same industry and fewer than 20 employees713 companies in the comparison | No. 518of 712 Better than 27% | No. 459of 713 Better than 36% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 23,696of 33,588 Better than 29% | No. 23,116of 33,687 Better than 31% |
| All companies of type ApS66,508 companies in the comparison | No. 43,943of 66,379 Better than 34% | No. 44,558of 66,505 Better than 33% |
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
Painting- By Maleren ApSDKK 951k
- Viebke & West A/SDKK 130.4m
- Aros Maler Entreprise A/SDKK 69m
- By Maleren ApSDKK 128k
- Viebke & West A/SDKK 13.4m
- Aros Maler Entreprise A/SDKK 35,038
- By Maleren ApSDKK 257k
- Viebke & West A/SDKK 36.8m
- Aros Maler Entreprise A/SDKK 4m
- By Maleren ApS4
- Viebke & West A/S284
- Aros Maler Entreprise A/S162
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Mahmoud Chini100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mahmoud Chini | Director | 17/01/2018 |
- Founders
- Mahmoud Chini, Emad Hamdan
Signing rule: Selskabet tegnes af direktøren.
Address and production units
1 active production unitsKirkelundvej 43
5250 Odense SV
| Production unit | Address | Employees | P number |
|---|---|---|---|
| By Maleren ApS | Kirkelundvej 43, Bellinge, 5250 Odense SV | 4 | 1023255878 |
Purpose
Selskabets formål er at drive virksomhed med maling samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
21 registered events20264 changesownership 3 · accounts 1
- OwnershipMahmoud Chini registered as owner (100%)
- OwnershipEmad Hamdan is no longer registered as owner
- OwnershipMahmoud Chini is no longer registered as owner
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Painting (433410)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaddress 1 · accounts 1
- AddressMoved to Kirkelundvej 43, Bellinge, 5250 Odense SV
- AccountsAnnual report for 2021 published
20212 changesaddress 1 · accounts 1
- AddressMoved to Erritsø Møllebanke 11, Erritsø, 7000 Fredericia
- AccountsAnnual report for 2020 published
20203 changesaddress 3
- AddressMoved to Dianavænget 17, 1. th, Dalum, 5250 Odense SV
- AddressMoved to Dianavænget 31, 2. tv, Dalum, 5250 Odense SV
- AddressMoved to Dianavænget 31, 2. tv, Dalum, 5250 Odense SV
20191 changeaddress 1
- AddressMoved to Agedrupvej 17, 5320 Agedrup
20185 changesaddress 1 · founded 1 · management 1 · ownership 2
- AddressMoved to Agedrupvej 17, 5320 Agedrup
- FoundedRegistered as By Maleren ApS
- ManagementMahmoud Chini appointed director
- OwnershipMahmoud Chini registered as owner (50%)
- OwnershipEmad Hamdan registered as owner (50%)
Related companies
Same industry in Odense
- Dcm Malerfirma A/S53 employees
- Malergruppen A/s, Boris Christensen44 employees
- Malerfirmaet Andersen og Garrett ApS41 employees
- Næsby Malerfirma A/S21 employees
- Malerfirmaet Per Jacobsen ApS17 employees
- Caremco ApS16 employees
Largest in the industry
- Viebke & West A/SDKK 130.4m
- Aros Maler Entreprise A/SDKK 69m
- C. Møllmann & Co. A/SDKK 62.6m
- Malermester Björn Forsberg A/SDKK 51.5m
- Rosenberg Malerfirma A/SDKK 47.6m
- Malerfirmaet Seehusen A/SDKK 47.5m
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.