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Milkywalk ApS

Private limited companyCVR 35385371KvistgårdActive

Milkywalk ApS is a private limited company, based in Kvistgård, active in retail sale of art, founded in 2013. The company went from a profit in 2024 to a loss of DKK 1m in 2025. Equity fell to DKK 2.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 1.2m−55.1% vs. 2024
Net profit−DKK 1m−526.8% vs. 2024
EquityDKK 2.7m−27.8% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 55% (2024 → 2025), to DKK 1.2m.
  • Net profit went from a profit of DKK 243k to a loss of DKK 1m (2024 → 2025).
  • Equity fell 28% (2024 → 2025), to DKK 2.7m.

Employees

  • 4 fewer employees than a year earlier: 5 (07/2026) against 9 (07/2025).

Management and owners, last 24 months

  • New owners registered: Milkywalk Holding ApS (02/10/2026), Steffen Andersen (01/01/2025) and SAMK Holding ApS (01/01/2025) (+1).
  • No longer registered as owner: Thellefsen Holding ApS (29/10/2024), Milkywalk Holding ApS (31/12/2024) and Steffen Andersen (02/10/2026) (+2).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
EquityNet profit
Financial figures for Milkywalk ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,0444,0783,3004,1632,6151,173−55.1%
Operating profit (EBIT)1,6713031,3091,543572−717−225.3%
Profit before tax1,5512581,1611,219315−1,039−430%
Net profit1,198200904950243−1,039−526.8%
Total assets6,9788,47510,7429,74310,0069,880−1.3%
Equity4,4463,6464,5494,0923,7432,704−27.8%
Liabilities2,5324,8296,1935,6516,2637,176+14.6%
Cash and cash equivalents0––––––
Average number of employees576867+16.7%

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 (64 companies)

Annual reports

6 financial years
Annual reports for Milkywalk ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202408/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202106/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/04/2021The 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
02468101208/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

64 companies in the database

Comparison with the other companies in retail sale of art based on the latest financial year.

Gross profitDKK 1.2mNo. 35 of 63
Better than 45% of the companies in the industry
EquityDKK 2.7mNo. 21 of 64
Better than 68% of the companies in the industry
Number of employees5No. 9 of 64
Better than 87% of the companies in the industry

Industry median: gross profit DKK 1.4m, net profit DKK 68,145, equity DKK 1.2m, 2 employees.

DKK 100kDKK 395kDKK 1.6mDKK 6.2mDKK 15.5mHere
Distribution of gross profit for 54 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 fewer than 20 employees69,967 companies in the comparison
No. 41,849of 69,742
Better than 40%
No. 20,579of 69,964
Better than 71%
Same industry and fewer than 20 employees62 companies in the comparison
No. 33of 61
Better than 47%
No. 19of 62
Better than 70%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 21,956of 33,588
Better than 35%
No. 9,013of 33,687
Better than 73%
All companies of type ApS66,508 companies in the comparison
No. 40,296of 66,379
Better than 39%
No. 16,988of 66,505
Better than 74%

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
Gross profit
  1. Milkywalk ApSDKK 1.2m
  2. Poster & Frame Art Group ApSDKK 24.4m
  3. Edition Copenhagen A/SDKK 15.3m
Net profit
  1. Milkywalk ApS−DKK 1m
  2. Poster & Frame Art Group ApSDKK 1.1m
  3. Edition Copenhagen A/SDKK 6m
Equity
  1. Milkywalk ApSDKK 2.7m
  2. Poster & Frame Art Group ApSDKK 15.5m
  3. Edition Copenhagen A/SDKK 9.9m
Employees
  1. Milkywalk ApS5
  2. Poster & Frame Art Group ApS75
  3. 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
Owners
  • Milkywalk Holding ApS100%
Milkywalk ApS

Management

1 active registrations

Executive management

Executive management at Milkywalk ApS
NameRoleAppointed
Kristine Raahauge HjelmCEO01/02/2017
Founders
Johnson Wang
Former management (3)
Former management at Milkywalk ApS
NameRoleAppointedResigned
Johnson WangDirector19/06/201319/06/2013
Kristine Raahauge HjelmDirector19/06/201331/01/2017
Johnson WangDirector01/02/201705/11/2019

Signing rule: Selskabet tegnes af en direktør

Address and production units

1 active production units

Krogenbergvej 15A
3490 Kvistgård

Helsingør Municipality · Postcode 3490

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
MILKYWALK ApSKrogenbergvej 15A, Nyrup, 3490 Kvistgård41018589318

Purpose

Selskabets formål er handel med tøj og fodtøj samt anden dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events
20265 changesownership 4 · accounts 1
  • Milkywalk Holding ApS registered as owner (100%)
  • Steffen Andersen is no longer registered as owner
  • SAMK Holding ApS is no longer registered as owner
  • Milkywalk Holding ApS is no longer registered as owner
  • Annual report for 2025 published
20255 changesaccounts 1 · industry 1 · ownership 3
  • Annual report for 2024 published
  • Industry changed to Retail sale of art (476920)
  • Steffen Andersen registered as owner (20%)
  • Milkywalk Holding ApS registered as owner (66.67%)
  • SAMK Holding ApS registered as owner (20%)
20246 changesownership 5 · accounts 1
  • Milkywalk Holding ApS is no longer registered as owner
  • Thellefsen Holding ApS is no longer registered as owner
  • Annual report for 2023 published
  • Thellefsen Holding ApS registered as owner (20%)
  • Milkywalk Holding ApS registered as owner (100%)
  • Milkywalk Holding ApS is no longer registered as owner
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesownership 2 · accounts 1
  • Milkywalk Holding ApS registered as owner (100%)
  • Kristine Raahauge Hjelm is no longer registered as owner
  • Annual report for 2020 published
20207 changesownership 7
  • Kristine Raahauge Hjelm registered as owner (100%)
  • Johnson Wang is no longer registered as owner
  • Kristine Raahauge Hjelm is no longer registered as owner
  • Kristine Raahauge Hjelm registered as owner (66.67%)
  • Johnson Wang registered as owner (10%)
  • Johnson Wang is no longer registered as owner
  • Kristine Raahauge Hjelm is no longer registered as owner
20191 changemanagement 1
  • Johnson Wang stepped down as director
20174 changesaddress 1 · management 3
  • Moved to Krogenbergvej 15A, Nyrup, 3490 Kvistgård
  • Johnson Wang appointed director
  • Kristine Raahauge Hjelm appointed ceo
  • Kristine Raahauge Hjelm stepped down as director
20141 changeindustry 1
  • Industry changed to Detailhandel med andre varer i.a.n. via internet (479119)
20137 changesindustry 1 · founded 1 · management 3 · ownership 2
  • Industry changed to Detailhandel med dagligvarer via internet (479110)
  • Registered as MILKYWALK ApS
  • Johnson Wang appointed director
  • Johnson Wang stepped down as director
  • Kristine Raahauge Hjelm appointed director
  • Johnson Wang registered as owner (33.33%)
  • Kristine Raahauge Hjelm registered as owner (50%)

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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