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Panex A/S

Public limited companyCVR 66856216ValbyActive

Panex A/S is a public limited company, based in Valby, active in retail sale of paint and wallpaper, founded in 1981. The company made a loss in both 2024 and 2025, most recently DKK 284k. Operations are spread over 3 production units in 3 towns. Equity fell to DKK 522k in 2025.

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Key figures · financial year 2025

Gross profitDKK 2.1m−14.2% vs. 2024
Net profit−DKK 284k−2,370.9% vs. 2024
EquityDKK 522k−35.3% vs. 2024
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 14% (2024 → 2025), to DKK 2.1m.
  • The loss grew: from DKK 11,497 to DKK 284k (2024 → 2025).
  • Equity fell 35% (2024 → 2025), to DKK 522k.

Employees

  • 3 more employees than a year earlier: 7 (07/2026) against 4 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of paint and wallpaper (475210)

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 400k−DKK 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2m202020212022202320242025
EquityNet profit
Financial figures for Panex A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,9322,2262,3352,1722,4352,088−14.2%
Operating profit (EBIT)1,00428788−35953−267−605.6%
Profit before tax99726978−377−15−364−2,376.4%
Net profit82120861−294−11−284−2,370.9%
Total assets4,9644,8535,7857,7688,4128,828+5%
Equity8431,0511,111817806522−35.3%
Liabilities4,1213,8034,6746,9517,6068,306+9.2%
Cash and cash equivalents9611,4752315136−52.5%
Average number of employees4444440%

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 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3m202020212022202320242025
Gross profitMedian, the industry (53 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 35% from 2024 to 2025 (DKK 806k to DKK 522k).

    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 6% 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

6 financial years
Annual reports for Panex A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202506/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202203/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202014/07/2021The 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
0123456708/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

53 companies in the database

Comparison with the other companies in retail sale of paint and wallpaper based on the latest financial year.

Gross profitDKK 2.1mNo. 22 of 53
Better than 60% of the companies in the industry
EquityDKK 522kNo. 37 of 53
Better than 31% of the companies in the industry
Number of employees7No. 21 of 53
Better than 62% of the companies in the industry

Industry median: gross profit DKK 1.8m, net profit DKK 156k, equity DKK 998k, 3 employees.

DKK 100kDKK 757kDKK 5.7mDKK 43.3mDKK 167mHere
Distribution of gross profit for 52 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. 30,065of 69,742
Better than 57%
No. 41,687of 69,964
Better than 40%
Same industry and fewer than 20 employees49 companies in the comparison
No. 18of 49
Better than 65%
No. 33of 49
Better than 33%
Companies that are at least 30 years old10,276 companies in the comparison
No. 7,237of 10,152
Better than 29%
No. 9,367of 10,275
Better than 9%
All companies of type A/S18,025 companies in the comparison
No. 14,576of 17,786
Better than 18%
No. 16,668of 18,024
Better than 8%

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 paint and wallpaper
Gross profit
  1. Panex A/SDKK 2.1m
  2. Flügger Denmark A/SDKK 327.8m
  3. C.m. Mikkelsen ApSDKK 33.4m
Net profit
  1. Panex A/S−DKK 284k
  2. Flügger Denmark A/SDKK 15.9m
  3. C.m. Mikkelsen ApSDKK 1.9m
Equity
  1. Panex A/SDKK 522k
  2. Flügger Denmark A/SDKK 216.9m
  3. C.m. Mikkelsen ApSDKK 9.8m
Employees
  1. Panex A/S7
  2. Flügger Denmark A/S360
  3. C.m. Mikkelsen ApS79

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
  • P.U. Holding ApS100%
Panex A/S

Management

4 active registrations

Executive management

Executive management at Panex A/S
NameRoleAppointed
Lars Peter UldahlDirector12/05/1981

Board of directors

Board of directors at Panex A/S
NameRoleAppointed
Lars Peter UldahlBoard member12/05/1981
Peter Uldahl JensenBoard member12/05/1981
Annitta UldahlBoard member12/05/1981
Former management (1)
Former management at Panex A/S
NameRoleAppointedResigned
Niels JakobsenBoard member12/05/198102/02/2001

Signing rule: Selskabet tegnes af et medlem af bestyrelsen i forening med en direktør, to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse

Address and production units

3 active production units

Valby Tingsted 1
2500 Valby

København Municipality · Postcode 2500

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
DyrupNordre Frihavnsgade 31, 2100 København Ø31016913487
DyrupVesterbrogade 131, 1620 København V01016913517
PANEX A/SValby Tingsted 1, 2500 Valby01002240011

Purpose

Selskabets formål er at drive handel, industri og håndværk

The purpose is quoted from the register in Danish.

Changes year by year

22 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 paint and wallpaper (475210)
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · ownership 2
  • Annual report for 2022 published
  • P.U. Holding ApS registered as owner (100%)
  • LU HOLDING ApS is no longer registered as owner
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20021 changeownership 1
  • LU HOLDING ApS registered as owner (100%)
20011 changemanagement 1
  • Niels Jakobsen stepped down as board member
20001 changemerger 1
  • Merger registered in CVR
19921 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19891 changecapital 1
  • Share capital changed from 80,000 DKK to 300,000 DKK
19882 changesname 1 · capital 1
  • Name changed from FARVEMESSEN, KØBENHAVN ApS to PANEX A/S
  • Share capital changed from 60,000 DKK to 80,000 DKK
19816 changesfounded 1 · management 5
  • Registered as FARVEMESSEN, KØBENHAVN ApS
  • Niels Jakobsen appointed board member
  • Lars Peter Uldahl appointed board member
  • Lars Peter Uldahl appointed director
  • Peter Uldahl Jensen appointed board member
  • Annitta Uldahl appointed board member

Related companies

Same industry in København

See all →

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.

View in CVRReport a correction