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The Army Painter ApS

Private limited companyCVR 30720121SkanderborgActive

The Army Painter ApS is a private limited company, based in Skanderborg, active in retail sale of other cultural goods n.e.c., founded in 2007. Measured by gross profit, it ranks no. 1 of 25 companies in the industry in the database. Operations are spread over 3 production units. With 97 employees, the company is about 32 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 96.7m+14.6% vs. 2024
Net profitDKK 36.9m−2% vs. 2024
EquityDKK 68.4m+2.7% vs. 2024
Employees97latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 15% (2024 → 2025), to DKK 96.7m.
  • Net profit fell 2% (2024 → 2025), to DKK 36.9m.
  • Equity rose 3% (2024 → 2025), to DKK 68.4m.

Employees

  • 6 more employees than a year earlier: 97 (08/2026) against 91 (08/2025).

Management and owners, last 24 months

  • New in management: Bo Mørck (board member, 13/08/2025).
  • Stepped down: Line Nymann Penstoft (board member, 13/08/2025).

Registrations, last 24 months

  • 25/03/2026: Moved to Niels Bohrs Vej 34, Stilling, 8660 Skanderborg
  • 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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for The Army Painter ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit43,75461,35674,63672,55484,39496,687+14.6%
Operating profit (EBIT)24,45434,66544,96741,65948,76752,163+7%
Profit before tax23,31034,45446,39239,64648,22847,432−1.7%
Net profit18,17626,58436,13530,93337,62336,868−2%
Total assets53,49973,81468,064102,25598,285137,266+39.7%
Equity21,71436,29839,43353,90466,53768,362+2.7%
Liabilities31,53536,28427,60147,21430,77967,790+120.2%
Cash and cash equivalents371,52133715,47429,26912,532−57.2%
Average number of employees385755626578+20%

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 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (25 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 The Army Painter ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

25 companies in the database

Comparison with the other companies in retail sale of other cultural goods n.e.c. based on the latest financial year.

Gross profitDKK 96.7mNo. 1 of 25
Better than 100% of the companies in the industry
EquityDKK 68.4mNo. 1 of 25
Better than 100% of the companies in the industry
Number of employees97No. 1 of 25
Better than 100% of the companies in the industry

Industry median: gross profit DKK 814k, net profit DKK 15,810, equity DKK 200k, 3 employees.

DKK 100kDKK 558kDKK 3.1mDKK 17.3mDKK 54.5mHere
Distribution of gross profit for 23 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 50–199 employees4,467 companies in the comparison
No. 720of 4,412
Better than 84%
No. 938of 4,466
Better than 79%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 747of 24,791
Better than 97%
No. 1,829of 24,909
Better than 93%
All companies of type ApS66,508 companies in the comparison
No. 317of 66,379
Better than 100%
No. 1,607of 66,505
Better than 98%

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.
Gross profit
  1. The Army Painter ApSDKK 96.7m
  2. Panduro Hobby A/SDKK 35.4m
  3. Stelling A/SDKK 7.5m
Net profit
  1. The Army Painter ApSDKK 36.9m
  2. Panduro Hobby A/SDKK 3.1m
  3. Stelling A/S−DKK 660k
Equity
  1. The Army Painter ApSDKK 68.4m
  2. Panduro Hobby A/SDKK 20.8m
  3. Stelling A/SDKK 808k
Employees
  1. The Army Painter ApS97
  2. Panduro Hobby A/S145
  3. Stelling A/S39

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
The Army Painter ApS

Management

8 active registrations

Executive management

Executive management at The Army Painter ApS
NameRoleAppointed
Henning NielsenCEO15/02/2024
Palle Børlum WintherDirector25/06/2024

Board of directors

Board of directors at The Army Painter ApS
NameRoleAppointed
Lars PrisakBoard member10/01/2023
Lasse Hadberg LyngeDeputy chair10/01/2023
Jeppe Kallesøe OdefeyBoard member03/05/2023
Søren Torp LaursenChair of the board06/09/2023
Jens Jørgen Hahn-PetersenBoard member06/09/2023
Bo MørckBoard member13/08/2025
Founders
Jonas Kristian Færing, Bo Mørck
Former management (8)
Former management at The Army Painter ApS
NameRoleAppointedResigned
Jonas Kristian FæringDirector05/07/200707/06/2020
Bo MørckDirector05/07/200729/04/2014
Bo MørckDirector07/06/202024/04/2023
Line Nymann PenstoftBoard member10/01/202313/08/2025
Jens Jørgen Hahn-PetersenChair of the board10/01/202305/09/2023
Joachim LindkvistBoard member10/01/202306/09/2023
Sten DyrmoseCEO24/04/202325/08/2023
Line Nymann PenstoftCEO25/08/202319/02/2024

Signing rule: Selskabet tegnes af næstformanden i forening med formanden eller næstformanden i forening med en direktør eller af næstformanden i forening med et bestyrelsesmedlem, eller af den samlede bestyrelse.

Address and production units

3 active production units

Niels Bohrs Vej 34
8660 Skanderborg

Skanderborg Municipality · Postcode 8660

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
The Army Painter ApSNiels Bohrs Vej 34, Stilling, 8660 Skanderborg931019153793
The Army Painter RoskildekontorLangebjergvænget 8A, 1. th, 4000 Roskilde41024791366
The Army Painter ApSNiels Bohrs Vej 34, 8660 Skanderborg–1032260175

Purpose

Selskabets formål er at drive virksomhed indenfor specialiserede hobbyprodukter og hobbymaling til detailhandel og distributører i hele verden.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20262 changesaddress 1 · accounts 1
  • Moved to Niels Bohrs Vej 34, Stilling, 8660 Skanderborg
  • Annual report for 2025 published
20254 changesmanagement 2 · accounts 1 · industry 1
  • Bo Mørck appointed board member
  • Line Nymann Penstoft stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Retail sale of other cultural goods n.e.c. (476990)
20244 changesmanagement 3 · accounts 1
  • Palle Børlum Winther appointed director
  • Annual report for 2023 published
  • Line Nymann Penstoft stepped down as ceo
  • Henning Nielsen appointed ceo
202318 changesmanagement 14 · address 1 · accounts 1 · ownership 2
  • Jens Jørgen Hahn-Petersen appointed board member
  • Søren Torp Laursen appointed chair of the board
  • Joachim Lindkvist stepped down as board member
  • Jens Jørgen Hahn-Petersen stepped down as chair of the board
  • Moved to Christiansmindevej 12, 8660 Skanderborg
  • Line Nymann Penstoft appointed ceo
  • Sten Dyrmose stepped down as ceo
  • Annual report for 2022 published
  • Jeppe Kallesøe Odefey appointed board member
  • Sten Dyrmose appointed ceo
  • Bo Mørck stepped down as director
  • Lars Prisak appointed board member
  • Line Nymann Penstoft appointed board member
  • Jens Jørgen Hahn-Petersen appointed chair of the board
  • Joachim Lindkvist appointed board member
  • Lasse Hadberg Lynge appointed deputy chair
  • The Army Painter Group ApS registered as owner (100%)
  • Mørck Family Holding ApS is no longer registered as owner
20223 changesname 1 · accounts 1 · industry 1
  • Name changed from THE ARMY-PAINTER ApS to The Army Painter ApS
  • Annual report for 2021 published
  • Industry changed to Detailhandel med hobbyartikler, musikinstrumenter, sportsudstyr, legetøj, cykler via internet (479115)
20211 changeaccounts 1
  • Annual report for 2020 published
20205 changesownership 2 · management 2 · address 1
  • Mørck Family Holding ApS registered as owner (100%)
  • MØRCK INVEST ApS is no longer registered as owner
  • Bo Mørck appointed director
  • Jonas Kristian Færing stepped down as director
  • Moved to Christiansmindevej 12, 8660 Skanderborg
20193 changesownership 3
  • MØRCK INVEST ApS registered as owner (100%)
  • FÆRING HOLDING ApS is no longer registered as owner
  • MØRCK INVEST ApS is no longer registered as owner
20184 changesownership 3 · merger 1
  • MØRCK INVEST ApS registered as owner (50%)
  • FÆRING HOLDING ApS registered as owner (50%)
  • Merger registered in CVR
  • SHADOW GROUP ApS is no longer registered as owner
20151 changeaddress 1
  • Moved to Nydamsvej 1, 8362 Hørning
20141 changemanagement 1
  • Bo Mørck stepped down as director
20121 changeownership 1
  • SHADOW GROUP ApS registered as owner (100%)
20073 changesfounded 1 · management 2
  • Registered as THE ARMY-PAINTER ApS
  • Jonas Kristian Færing appointed director
  • Bo Mørck appointed director

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Same people in management

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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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