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Am Værktøj Odense A/S

Public limited companyCVR 15053135Odense SActive

Am Værktøj Odense A/S is a public limited company, based in Odense S, active in manufacture of hand tools, founded in 1991. Net profit rose 15% from 2024 to 2025, ending at DKK 8.7m. Measured by gross profit, it ranks no. 2 of 68 companies in the industry in the database. With 91 employees, the company is about 14 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 72.8m+4.6% vs. 2024
Net profitDKK 8.7m+15.1% vs. 2024
EquityDKK 39.6m+10% vs. 2024
Employees91latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 5% (2024 → 2025), to DKK 72.8m.
  • Net profit rose 15% (2024 → 2025), to DKK 8.7m.
  • Equity rose 10% (2024 → 2025), to DKK 39.6m.

Employees

  • 8 fewer employees than a year earlier: 91 (08/2026) against 99 (08/2025).

Management and owners, last 24 months

  • New in management: Steffen Pasgaard (board member, 31/10/2024) and Søren Ulrik Toft-Jensen (board member, 31/10/2024).
  • New owners registered: Profound Partners A/S (31/10/2024), Torben Viby Holding ApS (31/10/2024) and Carsten Golles Laursen Holding ApS (31/10/2024).
  • No longer registered as owner: Torben Viby Holding ApS (30/10/2024) and Carsten Golles Laursen Holding ApS (30/10/2024).

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 40m202020212022202320242025
EquityNet profit
Financial figures for Am Værktøj Odense A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit46,10558,54865,19972,54169,60472,772+4.6%
Operating profit (EBIT)8,39813,76118,34718,24911,36712,400+9.1%
Profit before tax8,04513,40817,67018,3769,76011,153+14.3%
Net profit6,26210,49613,77214,2787,5558,697+15.1%
Total assets54,43083,48986,681114,20799,44597,753−1.7%
Equity23,85232,39038,16240,44135,99639,593+10%
Liabilities28,82247,15445,53969,74157,90451,332−11.3%
Cash and cash equivalents2,75611,5522,45833016−45.4%
Average number of employees72787887880−100%

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (68 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 88 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • 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 Am Værktøj Odense A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202517/12/2025The companyPDF not statedXBRL
202401/10/2023 – 30/09/202409/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202305/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202206/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202108/12/2021The companyPDFXBRL
202001/10/2019 – 30/09/202008/12/2020The 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

68 companies in the database

Comparison with the other companies in manufacture of hand tools based on the latest financial year.

Gross profitDKK 72.8mNo. 2 of 68
Better than 99% of the companies in the industry
EquityDKK 39.6mNo. 6 of 68
Better than 93% of the companies in the industry
Number of employees91No. 65 of 68
Better than 4% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 642k, equity DKK 3.7m, 7 employees.

DKK 117kDKK 692kDKK 4.1mDKK 24.3mDKK 79.5mHere
Distribution of gross profit for 68 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. 1,095of 4,412
Better than 75%
No. 1,460of 4,466
Better than 67%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,097of 10,152
Better than 89%
No. 2,335of 10,275
Better than 77%
All companies of type A/S18,025 companies in the comparison
No. 2,084of 17,786
Better than 88%
No. 4,164of 18,024
Better than 77%

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

Manufacture of hand tools
Gross profit
  1. Am Værktøj Odense A/SDKK 72.8m
  2. Sønderborg Værktøjsfabrik A/SDKK 143.8m
  3. MGS Lynge A/SDKK 71.2m
Net profit
  1. Am Værktøj Odense A/SDKK 8.7m
  2. Sønderborg Værktøjsfabrik A/SDKK 71m
  3. MGS Lynge A/SDKK 24.2m
Equity
  1. Am Værktøj Odense A/SDKK 39.6m
  2. Sønderborg Værktøjsfabrik A/SDKK 72.2m
  3. MGS Lynge A/SDKK 77.5m
Employees
  1. Am Værktøj Odense A/S91
  2. Sønderborg Værktøjsfabrik A/S56
  3. MGS Lynge A/S34

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
Am Værktøj Odense A/S

Management

7 active registrations

Executive management

Executive management at Am Værktøj Odense A/S
NameRoleAppointed
Torben Viby JensenDirector01/01/2015

Board of directors

Board of directors at Am Værktøj Odense A/S
NameRoleAppointed
Torben Viby JensenBoard member29/02/1996
Carsten Golles Bæksted LaursenBoard member01/03/2003
Otto Frederik SpliidBoard member11/12/2015
Torben Nørgaard HansenChair of the board11/12/2015
Steffen PasgaardBoard member31/10/2024
Søren Ulrik Toft-JensenBoard member31/10/2024
Auditor
Revision 360 Statsautoriseret Revisionsinteressentskab
Founders
Heino Svane Pedersen, Claus Jensen, A.m. Finans Odense ApS
Former management (8)
Former management at Am Værktøj Odense A/S
NameRoleAppointedResigned
Hardy MackenhauerChair of the board07/05/199129/02/1996
Peder Larsen ØstbjergBoard member07/05/199115/10/1992
Bent Helmer AndreasenBoard member07/05/199129/02/1996
Heino Svane PedersenBoard member07/05/199113/10/2005
Claus JensenBoard member07/05/199101/01/2015
Claus JensenDirector07/05/199101/01/2015
Ib Jørgen RasmussenChair of the board22/06/201111/12/2015
Torben Nørgaard HansenBoard member13/03/201210/12/2015

Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem i forening eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse

Address and production units

1 active production units

Teknikvej 25
5260 Odense S

Odense Municipality · Postcode 5260

Production units
Production unitAddressEmployeesP number
AM VÆRKTØJ ODENSE A/STeknikvej 25, Hjallese, 5260 Odense S911000852015

Purpose

Selskabets formål er at drive handel, industri og investering.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20251 changeaccounts 1
  • Annual report for 2025 published
20249 changesaccounts 1 · management 2 · ownership 5 · address 1
  • Annual report for 2024 published
  • Søren Ulrik Toft-Jensen appointed board member
  • Steffen Pasgaard appointed board member
  • Profound Partners A/S registered as owner (33.33%)
  • TORBEN VIBY HOLDING ApS registered as owner (33.33%)
  • CARSTEN GOLLES LAURSEN HOLDING ApS registered as owner (33.33%)
  • TORBEN VIBY HOLDING ApS is no longer registered as owner
  • CARSTEN GOLLES LAURSEN HOLDING ApS is no longer registered as owner
  • Moved to Teknikvej 25, Hjallese, 5260 Odense S
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesaccounts 1 · address 1
  • Annual report for 2022 published
  • Moved to Teknikvej 25, Hjallese, 5260 Odense S
20212 changesaccounts 1 · address 1
  • Annual report for 2021 published
  • Moved to Teknikvej 25, Hjallese, 5260 Odense S
20201 changeaccounts 1
  • Annual report for 2020 published
20159 changesmanagement 7 · ownership 2
  • Torben Nørgaard Hansen appointed chair of the board
  • Otto Frederik Spliid appointed board member
  • Ib Jørgen Rasmussen stepped down as chair of the board
  • Torben Nørgaard Hansen stepped down as board member
  • Torben Viby Jensen appointed director
  • Claus Jensen stepped down as board member
  • Claus Jensen stepped down as director
  • TORBEN VIBY HOLDING ApS registered as owner (50%)
  • CARSTEN GOLLES LAURSEN HOLDING ApS registered as owner (50%)
20121 changemanagement 1
  • Torben Nørgaard Hansen appointed board member
20111 changemanagement 1
  • Ib Jørgen Rasmussen appointed chair of the board
20051 changemanagement 1
  • Heino Svane Pedersen stepped down as board member
20041 changename 1
  • Name changed from A.M. VÆRKTØJ ODENSE A/S to AM VÆRKTØJ ODENSE A/S
20031 changemanagement 1
  • Carsten Golles Bæksted Laursen appointed board member
20001 changeaddress 1
  • Moved to Teknikvej 25, Hjallese, 5260 Odense S
19964 changescapital 1 · management 3
  • Share capital changed from 1,200,000 DKK to 600,000 DKK
  • Torben Viby Jensen appointed board member
  • Bent Helmer Andreasen stepped down as board member
  • Hardy Mackenhauer stepped down as chair of the board
19921 changemanagement 1
  • Peder Larsen Østbjerg stepped down as board member
19917 changesfounded 1 · management 6
  • Registered as A.M. VÆRKTØJ ODENSE A/S
  • Claus Jensen appointed board member
  • Heino Svane Pedersen appointed board member
  • Bent Helmer Andreasen appointed board member
  • Peder Larsen Østbjerg appointed board member
  • Hardy Mackenhauer appointed chair of the board
  • Claus Jensen appointed director

Related companies

Same industry in Odense

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.

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