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Malernes Aktieselskab. Herning

Public limited companyCVR 21408301HerningActive

Malernes Aktieselskab. Herning is a public limited company, based in Herning, active in painting, founded in 1998. Net profit fell 10% from 2024 to 2025, ending at DKK 2.5m. With 34 employees, the company is about 9 times larger than the industry median. Gross profit is higher than that of 75% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 5.2m−4.5% vs. 2024
Net profitDKK 2.5m−9.7% vs. 2024
EquityDKK 7.6m−3.1% vs. 2024
Employees34latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 5% (2024 → 2025), to DKK 5.2m.
  • Net profit fell 10% (2024 → 2025), to DKK 2.5m.
  • Equity fell 3% (2024 → 2025), to DKK 7.6m.

Employees

  • 5 fewer employees than a year earlier: 34 (08/2026) against 39 (08/2025).

Management and owners, last 24 months

  • Stepped down: Lars Michelsen (board member, 20/04/2026).
  • New owners registered: M Aaby Holding ApS (20/04/2026).
  • No longer registered as owner: Malernes Andels-forretning (20/04/2026), MC Malerforretning A/S (20/04/2026) and Michael Aaby Bjælkerup Larsen (13/05/2026) (+1).

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 thousand

Equity and net profit

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Malernes Aktieselskab. Herning
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit4,4153,8824,3604,2635,4945,245−4.5%
Operating profit (EBIT)––2,4302,4603,3943,096−8.8%
Profit before tax–1,7302,2002,5433,5193,167−10%
Net profit1,9391,3471,7141,9622,7152,453−9.7%
Total assets13,94310,31511,6709,89211,41113,184+15.5%
Equity6,7536,3996,8137,0767,8917,643−3.1%
Liabilities7,1663,8864,8242,7673,4415,471+59%
Cash and cash equivalents5,4073,3183,9594,2893,9524,195+6.2%
Average number of employees–32–––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

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
Gross profitMedian, the industry (815 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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
Annual reports for Malernes Aktieselskab. Herning
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202405/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202325/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/04/2021The companyPDFXBRL

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 CVR
01020304009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

815 companies in the database

Comparison with the other companies in painting based on the latest financial year.

Gross profitDKK 5.2mNo. 202 of 814
Better than 75% of the companies in the industry
EquityDKK 7.6mNo. 27 of 815
Better than 97% of the companies in the industry
Number of employees34No. 755 of 815
Better than 7% of the companies in the industry

Industry median: gross profit DKK 2.3m, net profit DKK 152k, equity DKK 642k, 4 employees.

DKK 100kDKK 601kDKK 3.6mDKK 21.7mDKK 71.7mHere
Distribution of gross profit for 797 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 7,566of 9,892
Better than 24%
No. 3,704of 9,922
Better than 63%
Same industry and 20–49 employees82 companies in the comparison
No. 78of 82
Better than 5%
No. 11of 82
Better than 88%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 9,475of 24,791
Better than 62%
No. 7,797of 24,909
Better than 69%
All companies of type A/S18,025 companies in the comparison
No. 11,765of 17,786
Better than 34%
No. 9,833of 18,024
Better than 45%

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
Gross profit
  1. Malernes Aktieselskab. HerningDKK 5.2m
  2. Viebke & West A/SDKK 130.4m
  3. Aros Maler Entreprise A/SDKK 69m
Net profit
  1. Malernes Aktieselskab. HerningDKK 2.5m
  2. Viebke & West A/SDKK 13.4m
  3. Aros Maler Entreprise A/SDKK 35,038
Equity
  1. Malernes Aktieselskab. HerningDKK 7.6m
  2. Viebke & West A/SDKK 36.8m
  3. Aros Maler Entreprise A/SDKK 4m
Employees
  1. Malernes Aktieselskab. Herning34
  2. Viebke & West A/S284
  3. 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
Owners
Malernes Aktieselskab. Herning
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Malernes Aktieselskab. Herning
NameRoleAppointed
Michael Aaby Bjælkerup LarsenDirector25/03/2004

Board of directors

Board of directors at Malernes Aktieselskab. Herning
NameRoleAppointed
Michael Aaby Bjælkerup LarsenBoard member05/09/2006
Allan BisgaardChair of the board14/08/2017
Leon Wagtmann PedersenBoard member14/08/2017
Founders
Anpartsselskabet Stakemann
Former management (21)
Former management at Malernes Aktieselskab. Herning
NameRoleAppointedResigned
Kim MadsenChair of the board01/10/199823/02/1999
Peter Andreas StakemannBoard member01/10/199823/02/1999
Peter Andreas StakemannDirector01/10/199823/02/1999
Annemette HellerBoard member01/10/199823/02/1999
Per Julsgaard RasmussenDirector23/02/199925/03/2004
Claes Lyngholm AndersenBoard member23/02/199901/03/2004
Tom BoeBoard member23/02/199924/03/2003
Benny Juul PedersenChair of the board23/02/199904/03/2008
Leo ØrnfeltBoard member23/02/199921/01/2001
Henning KristiansenBoard member23/02/199924/03/2003
Kurt NielsenBoard member23/02/199930/05/2007
Erik Bæk ThygesenBoard member21/01/200105/05/2006
Helle Skaaning LauritsenBoard member30/05/200713/06/2008
Preben JensenBoard member04/03/200809/06/2010
Arne MunkChair of the board04/03/200816/03/2011
Allan BisgaardBoard member25/03/200913/08/2017
Leon Wagtmann PedersenBoard member16/03/201104/04/2016
Mads Bollerup KamChair of the board15/06/201104/04/2016
Mads Bollerup KamBoard member05/04/201630/04/2016
Leon Wagtmann PedersenChair of the board05/04/201613/08/2017
Lars MichelsenBoard member07/07/201620/04/2026

Signing rule: Selskabet tegnes af 2 medlemmer af bestyrelsen, eller af et medlem af bestyrelsen i forening med direktøren

Address and production units

1 active production units

Teglvænget 141
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
MALERNES AKTIESELSKAB. HERNINGTeglvænget 141, 7400 Herning341005072191

Purpose

Selskabets formål er at drive maler-, handels- og entreprenørvirksomhed

The purpose is quoted from the register in Danish.

Changes year by year

70 registered events
20267 changesownership 5 · accounts 1 · management 1
  • Michael Aaby Bjælkerup Larsen is no longer registered as owner
  • Annual report for 2025 published
  • Lars Michelsen stepped down as board member
  • M Aaby Holding ApS registered as owner (50%)
  • Udviklingsforeningen is no longer registered as owner
  • MALERNES ANDELS-FORRETNING is no longer registered as owner
  • MC MALERFORRETNING A/S is no longer registered as owner
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Painting (433410)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Teglvænget 141, 7400 Herning
20174 changesmanagement 4
  • Leon Wagtmann Pedersen appointed board member
  • Allan Bisgaard appointed chair of the board
  • Leon Wagtmann Pedersen stepped down as chair of the board
  • Allan Bisgaard stepped down as board member
20166 changesmanagement 6
  • Lars Michelsen appointed board member
  • Mads Bollerup Kam stepped down as board member
  • Leon Wagtmann Pedersen appointed chair of the board
  • Mads Bollerup Kam appointed board member
  • Mads Bollerup Kam stepped down as chair of the board
  • Leon Wagtmann Pedersen stepped down as board member
20142 changesownership 2
  • Udviklingsforeningen registered as owner (20%)
  • MALERNES AKTIESELSKAB. HERNING registered as owner (33.33%)
20113 changesmanagement 3
  • Mads Bollerup Kam appointed chair of the board
  • Leon Wagtmann Pedersen appointed board member
  • Arne Munk stepped down as chair of the board
20102 changesaddress 1 · management 1
  • Moved to Teglvænget 141, 7400 Herning
  • Preben Jensen stepped down as board member
20091 changemanagement 1
  • Allan Bisgaard appointed board member
20084 changesmanagement 4
  • Helle Skaaning Lauritsen stepped down as board member
  • Arne Munk appointed chair of the board
  • Preben Jensen appointed board member
  • Benny Juul Pedersen stepped down as chair of the board
20072 changesmanagement 2
  • Helle Skaaning Lauritsen appointed board member
  • Kurt Nielsen stepped down as board member
20064 changescapital 1 · management 2 · ownership 1
  • Share capital changed from 510,000 DKK to 900,000 DKK
  • Michael Aaby Bjælkerup Larsen appointed board member
  • Erik Bæk Thygesen stepped down as board member
  • Michael Aaby Bjælkerup Larsen registered as owner (20%)
20044 changescapital 1 · management 3
  • Share capital changed from 1,000,000 DKK to 510,000 DKK
  • Michael Aaby Bjælkerup Larsen appointed director
  • Per Julsgaard Rasmussen stepped down as director
  • Claes Lyngholm Andersen stepped down as board member
20032 changesmanagement 2
  • Tom Boe stepped down as board member
  • Henning Kristiansen stepped down as board member
20012 changesmanagement 2
  • Erik Bæk Thygesen appointed board member
  • Leo Ørnfelt stepped down as board member
199915 changesownership 2 · name 1 · capital 1 · management 11
  • MALERNES ANDELS-FORRETNING registered as owner (10%)
  • MC MALERFORRETNING A/S registered as owner (10%)
  • Name changed from A/S PSE 38 NR. 1994 to MALERNES AKTIESELSKAB. HERNING
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Leo Ørnfelt appointed board member
  • Benny Juul Pedersen appointed chair of the board
  • Tom Boe appointed board member
  • Per Julsgaard Rasmussen appointed director
  • Claes Lyngholm Andersen appointed board member
  • Kurt Nielsen appointed board member
  • Henning Kristiansen appointed board member
  • Annemette Heller stepped down as board member
  • Kim Madsen stepped down as chair of the board
  • Peter Andreas Stakemann stepped down as director
  • Peter Andreas Stakemann stepped down as board member
19985 changesfounded 1 · management 4
  • Registered as A/S PSE 38 NR. 1994
  • Annemette Heller appointed board member
  • Kim Madsen appointed chair of the board
  • Peter Andreas Stakemann appointed director
  • Peter Andreas Stakemann appointed board member

Related companies

Same people in management

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.

View in CVRReport a correction