The Army Painter Group ApS

CVR 43583433 · Private limited company (ApS) · Active · Low risk

The Army Painter Group ApS is a Private limited company (ApS), founded on , based in Skanderborg. The company is registered in the industry virksomhedsrådgivning og anden ledelsesrådgivning. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 3 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 138.9m and a net result of DKK 1.8m. CEO: Palle Børlum Winther.

Bankruptcy risk for The Army Painter Group ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address0.5–1 yrs · bankruptcy rate 16.5%1.9×
Age (years)3–5 yrs · bankruptcy rate 13.3%1.5×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Published annual reports3–5 · bankruptcy rate 11.7%1.3×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
Time since new CEO2–5 yrs · bankruptcy rate 10.8%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
43583433
Status
Active
Company type
Private limited company (ApS)
Founded
(4 years)
Address
c/o The Army Painter ApS, Niels Bohrs Vej 34
8660 Skanderborg
Municipality
Skanderborg
Industry
Virksomhedsrådgivning og anden ledelsesrådgivning (702000)
Bankruptcies in the industry: Virksomhedsrådgivning og anden rådgivning om driftsledelse
Share capital
DKK 40k
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late0 of 3
Missing annual reportNo
Negative equityNo
Equity ratio32.1%
Current ratio66%
Moves (last 2 years)1
CEO changes in total7
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 5.9mDKK 5.9m
Net profitDKK 1.8mDKK 4.1m
EquityDKK 138.9mDKK 137.1m
Total assetsDKK 432.5mDKK 445.6m
CashDKK 458k–
Short-term debtDKK 37.0m–
Avg. employees2–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Revisionspåtegning · Deloitte Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202555
1 Jan 2024 – 31 Dec 202457
18 Oct 2022 – 31 Dec 202357

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOPalle Børlum WintherCurrent
CEOPeter Ryttergaard
CEOVilhelm Eigil Hahn-Petersen
CEORasmus Philip Buhl Lokvig
CEOJens Jørgen Hahn-Petersen
CEOBo Mørck
BoardLars PrisakCurrent
BoardLasse Hadberg LyngeCurrent
BoardJeppe Kallesøe OdefeyCurrent
BoardSøren Torp LaursenCurrent
BoardJens Jørgen Hahn-PetersenCurrent
BoardBo MørckCurrent
BoardLine Nymann Penstoft
BoardJens Jørgen Hahn-Petersen
BoardJoachim Lindkvist
Owner (100%)The Army Painter Group Holding ApSCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorKPMG P/S
FounderThe Army Painter Group Holding ApSCurrent

The CEOs' other companies

Palle Børlum Winther – 5 other companies, of which 1 bankrupt

Peter Ryttergaard – 51 other companies, of which 8 bankrupt

Vilhelm Eigil Hahn-Petersen – 54 other companies, of which 10 bankrupt

Rasmus Philip Buhl Lokvig – 49 other companies, of which 1 bankrupt

Jens Jørgen Hahn-Petersen – 56 other companies, of which 3 bankrupt

Bo Mørck – 15 other companies

Address history (2 moves)

c/o The Army Painter ApS, Niels Bohrs Vej 34, 8660 Skanderborg
c/o The Army Painter ApS, Christiansmindevej 12, 8660 Skanderborg
c/o CataCap Management A/S, Øster Allé 48, 8., 2100 København Ø

Former names

The Army Painter Group ApS – now
CC BidCo II ApS –

Other companies at the same address

Similar companies in Skanderborg

Questions and answers about The Army Painter Group ApS

Has The Army Painter Group ApS gone bankrupt?

No, The Army Painter Group ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of The Army Painter Group ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of The Army Painter Group ApS?

Palle Børlum Winther is the CEO of The Army Painter Group ApS.

Who is the auditor of The Army Painter Group ApS?

The Army Painter Group ApS most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was The Army Painter Group ApS founded?

The Army Painter Group ApS was founded on 18 October 2022.

What is the equity of The Army Painter Group ApS?

Equity was DKK 138.9m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.