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The Army Painter ApS
APS
Active
Advertising protection
CVR 30720121
Niels Bohrs Vej 34, 8660
Skanderborg
Retail sale of cultural and recreational goods n.e.c.
·
NACE 4769
Est. 2007 · 19 years old
96 employees
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Denmark
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Retail sale of cultural and recreational goods n.e.c.
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The Army Painter ApS
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
121M
91M
60M
30M
0M
2021: 61M
61M
2021
2022: 75M (+23% vs 2021)
75M
+23%
2022
2023: 73M (-3% vs 2022)
73M
-3%
2023
2024: 84M (+15% vs 2023)
84M
+15%
2024
2025: 97M (+15% vs 2024)
97M
+15%
2025
EBITDA
DKK millions
68M
51M
34M
17M
0M
2021: 37M
37M
2021
2022: 48M (+30% vs 2021)
48M
+30%
2022
2023: 45M (-6% vs 2022)
45M
-6%
2023
2024: 51M (+13% vs 2023)
51M
+13%
2024
2025: 55M (+8% vs 2024)
55M
+8%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
96.687
84.394
72.554
74.636
61.356
Staff expenses
-42.026
-33.049
-27.789
-26.826
-24.410
EBITDA
54.661
51.345
44.765
47.809
36.946
Depreciation & amort.
-2.499
-2.578
-3.106
-2.842
-2.281
EBIT
52.163
48.767
41.659
44.967
34.665
Net financials
-4.731
-539
-2.013
1.425
-212
Profit before tax
47.432
48.228
39.646
46.392
34.454
Tax
10.564
10.604
8.713
10.258
7.870
Net profit
36.868
37.623
30.933
36.135
26.584
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
137.266
98.285
102.255
68.064
73.814
Equity
68.362
66.537
53.904
39.433
36.298
Long-term debt
0
1.002
2.262
4.061
4.968
Short-term debt
67.790
29.778
44.952
23.540
31.316
Total debt
67.790
30.779
47.214
27.601
36.284
Financial ratios
5-year trend
EBITDA margin (of gross profit)
56,5 %
This company
2021
2025
Equity ratio
49,8 %
This company
38,2 %
Market median
This company
Market median
30% above market
2021
2025
Return on equity
53,9 %
This company
18,4 %
Market median
This company
Market median
193% above market
2021
2025
Net profit margin (of gross profit)
38,1 %
This company
2021
2025
Asset turnover (of gross profit)
0,70×
This company
2021
2025
Debt / equity
1,01×
This company
0,62×
Market median
This company
Market median
63% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
More on The Army Painter ApS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network