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palace enterprise ApS

Private limited companyCVR 42360635København VActive

palace enterprise ApS is a private limited company, based in København V, active in retail sale of art, founded in 2021. Net profit fell 29% from 2024 to 2025, ending at DKK 175k.

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Key figures · financial year 2025

Gross profitDKK 924k−25.8% vs. 2024
Net profitDKK 175k−28.8% vs. 2024
EquityDKK 561k−4.2% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 26% (2024 → 2025), to DKK 924k.
  • Net profit fell 29% (2024 → 2025), to DKK 175k.
  • Equity fell 4% (2024 → 2025), to DKK 561k.

Employees

  • 1 more employees than a year earlier: 2 (07/2026) against 1 (07/2025).

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 2021–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 100kDKK 200kDKK 300kDKK 400kDKK 500kDKK 600k20212022202320242025
EquityNet profit
Financial figures for palace enterprise ApS
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit2678551,3601,245924−25.8%
Operating profit (EBIT)267515504316231−26.9%
Profit before tax265508508322234−27.5%
Net profit203390392246175−28.8%
Total assets4516131,2221,3501,644+21.8%
Equity323307640586561−4.2%
Liabilities1283065827641,082+41.7%
Cash and cash equivalents4125529199731,587+63.1%
Average number of employees–11110%

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

DKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6mDKK 1.8m20212022202320242025
Gross profitMedian, the industry (64 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

5 financial years
Annual reports for palace enterprise ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202421/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/02/2023The companyPDFXBRL
202104/05/2021 – 31/12/202118/03/2022The 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
0123408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 924kNo. 38 of 63
Better than 40% of the companies in the industry
EquityDKK 561kNo. 37 of 64
Better than 43% of the companies in the industry
Number of employees2No. 42 of 64
Better than 35% 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. 46,160of 69,742
Better than 34%
No. 40,810of 69,964
Better than 42%
Same industry and fewer than 20 employees62 companies in the comparison
No. 36of 61
Better than 42%
No. 35of 62
Better than 44%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 23,954of 33,588
Better than 29%
No. 19,202of 33,687
Better than 43%
All companies of type ApS66,508 companies in the comparison
No. 44,449of 66,379
Better than 33%
No. 36,715of 66,505
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

Retail sale of art
Gross profit
  1. palace enterprise ApSDKK 924k
  2. Poster & Frame Art Group ApSDKK 24.4m
  3. Edition Copenhagen A/SDKK 15.3m
Net profit
  1. palace enterprise ApSDKK 175k
  2. Poster & Frame Art Group ApSDKK 1.1m
  3. Edition Copenhagen A/SDKK 6m
Equity
  1. palace enterprise ApSDKK 561k
  2. Poster & Frame Art Group ApSDKK 15.5m
  3. Edition Copenhagen A/SDKK 9.9m
Employees
  1. palace enterprise ApS2
  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
  • GSM Holding ApS100%
palace enterprise ApS

Management

1 active registrations

Executive management

Executive management at palace enterprise ApS
NameRoleAppointed
Gitte Skjødt MadsenDirector04/05/2021
Founders
Hello, the Roses ApS, GSM Holding ApS
Former management (2)
Former management at palace enterprise ApS
NameRoleAppointedResigned
Marie Gellert JensenDirector04/05/202121/03/2022
Rasmus Christian StenbakkenDirector10/06/202117/08/2022

Signing rule: Selskabet tegnes af den samlede direktion.

Address and production units

1 active production units

Vester Farimagsgade 6
1606 København V

København Municipality · Postcode 1606

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
palace enterprise ApSVester Farimagsgade 6, 1606 København V21027128196

Purpose

Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

29 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of art (476920)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202212 changesmanagement 2 · ownership 8 · capital 1 · accounts 1
  • Rasmus Christian Stenbakken stepped down as director
  • GSM Holding ApS registered as owner (100%)
  • RSNR ApS is no longer registered as owner
  • GSM Holding ApS is no longer registered as owner
  • Share capital changed from 120,000 DKK to 40,000 DKK
  • Marie Gellert Jensen stepped down as director
  • Annual report for 2021 published
  • RSNR ApS registered as owner (50%)
  • GSM Holding ApS registered as owner (50%)
  • Hello, the Roses ApS is no longer registered as owner
  • RSNR ApS is no longer registered as owner
  • GSM Holding ApS is no longer registered as owner
202112 changesmanagement 3 · capital 1 · ownership 7 · founded 1
  • Rasmus Christian Stenbakken appointed director
  • Share capital changed from 80,000 DKK to 120,000 DKK
  • RSNR ApS registered as owner (33.33%)
  • Hello, the Roses ApS registered as owner (33.33%)
  • GSM Holding ApS registered as owner (33.33%)
  • Hello, the Roses ApS is no longer registered as owner
  • GSM Holding ApS is no longer registered as owner
  • Registered as palace enterprise ApS
  • Marie Gellert Jensen appointed director
  • Gitte Skjødt Madsen appointed director
  • Hello, the Roses ApS registered as owner (50%)
  • GSM Holding ApS registered as owner (50%)

Related companies

Same industry in København

See all →

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.

View in CVRReport a correction