Kreaværk ApS
Private limited companyCVR 42084212MiddelfartActive
Kreaværk ApS is a private limited company, based in Middelfart, active in retail sale of other cultural goods n.e.c., founded in 2021. The company made a loss in both 2024 and 2025, most recently DKK 59,488. With 22 employees, the company is about 7 times larger than the industry median. Equity fell to DKK 50,337 in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 11% (2024 → 2025), to DKK 1.3m.
- The loss grew: from DKK 43,228 to DKK 59,488 (2024 → 2025).
- Equity fell 54% (2024 → 2025), to DKK 50,337.
Employees
- 2 more employees than a year earlier: 22 (07/2026) against 20 (07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of other cultural goods n.e.c. (476990)
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 2021–2025 · amounts in DKK thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 553 | 1,168 | 1,485 | 1,483 | 1,318 | −11.2% |
| Operating profit (EBIT) | 80 | 83 | 41 | −49 | −51 | −5.2% |
| Profit before tax | 30 | 61 | 21 | −55 | −65 | −17.9% |
| Net profit | 22 | 46 | 16 | −43 | −59 | −37.6% |
| Total assets | 597 | 680 | 871 | 644 | 543 | −15.8% |
| Equity | 92 | 139 | 153 | 110 | 50 | −54.2% |
| Liabilities | 497 | 530 | 700 | 529 | 492 | −7% |
| Cash and cash equivalents | 174 | 221 | 325 | 82 | 11 | −86.9% |
| Average number of employees | 3 | 3 | 5 | 4 | 3 | −25% |
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 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 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 54% from 2024 to 2025 (DKK 110k to DKK 50,337).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 9% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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 | 01/01/2025 – 31/12/2025 | 09/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 08/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 09/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/03/2023 | The company | PDFXBRL |
| 2021 | 03/02/2021 – 31/12/2021 | 20/05/2022 | 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
25 companies in the databaseComparison with the other companies in retail sale of other cultural goods n.e.c. based on the latest financial year.
Industry median: gross profit DKK 814k, net profit DKK 15,810, equity DKK 200k, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 9,382of 9,892 Better than 5% | No. 8,930of 9,922 Better than 10% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 20,865of 33,588 Better than 38% | No. 27,300of 33,687 Better than 19% |
| All companies of type ApS66,508 companies in the comparison | No. 38,065of 66,379 Better than 43% | No. 53,615of 66,505 Better than 19% |
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 other cultural goods n.e.c.- Kreaværk ApSDKK 1.3m
- The Army Painter ApSDKK 96.7m
- Panduro Hobby A/SDKK 35.4m
- Kreaværk ApS−DKK 59,488
- The Army Painter ApSDKK 36.9m
- Panduro Hobby A/SDKK 3.1m
- Kreaværk ApSDKK 50,337
- The Army Painter ApSDKK 68.4m
- Panduro Hobby A/SDKK 20.8m
- Kreaværk ApS22
- The Army Painter ApS97
- Panduro Hobby A/S145
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Signe Tholstrup Andreasen50%
- Line Tranberg Jensen50%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Signe Tholstrup Andreasen | Director | 03/02/2021 |
| Line Tranberg Jensen | Director | 03/02/2021 |
- Founders
- Signe Tholstrup Andreasen, Line Tranberg Jensen
Signing rule: Selskabet tegnes af en direktør eller den samlede direktion.
Address and production units
1 active production unitsAlgade 63
5500 Middelfart
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Kreaværk ApS | Algade 63, st, 5500 Middelfart | 24 | 1026757734 |
Purpose
Selskabets formål er at drive handelsvirksomhed med hobbyartikler og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
11 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of other cultural goods n.e.c. (476990)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20215 changesfounded 1 · management 2 · ownership 2
- FoundedRegistered as Kreaværk ApS
- ManagementSigne Tholstrup Andreasen appointed director
- ManagementLine Tranberg Jensen appointed director
- OwnershipSigne Tholstrup Andreasen registered as owner (50%)
- OwnershipLine Tranberg Jensen registered as owner (50%)
Related companies
Largest in the industry
- The Army Painter ApSDKK 96.7m
- Panduro Hobby A/SDKK 35.4m
- Stelling A/SDKK 7.5m
- Smyks ApSDKK 4.5m
- Deko By Lind ApsDKK 3.4m
- Incado By Roholt ApSDKK 3.1m
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.