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Polar Tools A/S

Public limited companyCVR 29197997VejleActive

Polar Tools A/S is a public limited company, based in Vejle, active in manufacture of hand tools, founded in 2005. Net profit rose 74% from 2024 to 2025, ending at DKK 2.2m. Profit has grown three years in a row. Equity grew to DKK 13.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 6.5m+30.7% vs. 2024
Net profitDKK 2.2m+73.5% vs. 2024
EquityDKK 13.2m+16.3% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 31% (2024 → 2025), to DKK 6.5m.
  • Net profit rose 74% (2024 → 2025), to DKK 2.2m.
  • Equity rose 16% (2024 → 2025), to DKK 13.2m.

Employees

  • 1 fewer employees than a year earlier: 5 (08/2026) against 6 (08/2025).

Management and owners, last 24 months

  • New in management: Dorte Bøcker Linde (chair of the board, 27/02/2025), Sophie Bøcker Linde (board member, 27/02/2025) and Emil Bøcker Linde (board member, 27/02/2025) (+1).
  • Stepped down: Erik Mølgaard (chair of the board, 27/02/2025) and Dorte Bøcker Linde (board member, 26/02/2025).

Registrations, last 24 months

  • 01/01/2026: Industry changed to Manufacture of hand tools (256300)

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
EquityNet profit
Financial figures for Polar Tools A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,9056,1555,4765,0564,9676,491+30.7%
Operating profit (EBIT)2,8992,9412,2271,9012,2483,242+44.2%
Profit before tax2,7672,7952,0551,2731,7232,891+67.8%
Net profit2,1562,1791,6009941,2952,246+73.5%
Total assets14,91217,40023,11125,37122,49223,022+2.4%
Equity6,9248,6049,80410,39811,34213,189+16.3%
Liabilities7,9888,79613,30714,97411,1509,833−11.8%
Cash and cash equivalents–––1062−59.3%
Average number of employees766645+25%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (68 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 Polar Tools A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202220/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/03/2021The 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
0123456709/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
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 6.5mNo. 30 of 68
Better than 57% of the companies in the industry
EquityDKK 13.2mNo. 11 of 68
Better than 85% of the companies in the industry
Number of employees5No. 41 of 68
Better than 40% 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 fewer than 20 employees69,967 companies in the comparison
No. 9,605of 69,742
Better than 86%
No. 7,576of 69,964
Better than 89%
Same industry and fewer than 20 employees53 companies in the comparison
No. 15of 53
Better than 73%
No. 1of 53
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 8,206of 24,791
Better than 67%
No. 5,675of 24,909
Better than 77%
All companies of type A/S18,025 companies in the comparison
No. 10,878of 17,786
Better than 39%
No. 7,687of 18,024
Better than 57%

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. Polar Tools A/SDKK 6.5m
  2. Sønderborg Værktøjsfabrik A/SDKK 143.8m
  3. Am Værktøj Odense A/SDKK 72.8m
Net profit
  1. Polar Tools A/SDKK 2.2m
  2. Sønderborg Værktøjsfabrik A/SDKK 71m
  3. Am Værktøj Odense A/SDKK 8.7m
Equity
  1. Polar Tools A/SDKK 13.2m
  2. Sønderborg Værktøjsfabrik A/SDKK 72.2m
  3. Am Værktøj Odense A/SDKK 39.6m
Employees
  1. Polar Tools A/S5
  2. Sønderborg Værktøjsfabrik A/S56
  3. Am Værktøj Odense A/S91

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
  • Linde ApS100%
Polar Tools A/S

Management

6 active registrations

Executive management

Executive management at Polar Tools A/S
NameRoleAppointed
Mikael Bodholdt LindeDirector08/12/2005

Board of directors

Board of directors at Polar Tools A/S
NameRoleAppointed
Mikael Bodholdt LindeBoard member12/03/2012
Dorte Bøcker LindeChair of the board27/02/2025
Sophie Bøcker LindeBoard member27/02/2025
Emil Bøcker LindeBoard member27/02/2025
Mads August Bøcker LindeBoard member27/02/2025
Founders
Jens Linde A/S
Former management (5)
Former management at Polar Tools A/S
NameRoleAppointedResigned
Erik MølgaardChair of the board12/03/201227/02/2025
Dorte Bøcker LindeBoard member12/03/201226/02/2025
Jens LindeDeputy chair29/11/201222/04/2013
Grethe Bodholdt LindeDeputy chair22/04/201303/04/2019
Carsten FilsøDeputy chair04/10/201912/12/2021

Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Soldalen 9
7100 Vejle

Vejle Municipality · Postcode 7100

Production units
Production unitAddressEmployeesP number
POLAR TOOLS A/SSoldalen 9, 7100 Vejle51011878640

Purpose

Selskabets formål er at drive handelsvirksomhed med værktøj og beslægtet varer

The purpose is quoted from the register in Danish.

Changes year by year

37 registered events
20262 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Manufacture of hand tools (256300)
20257 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Mads August Bøcker Linde appointed board member
  • Sophie Bøcker Linde appointed board member
  • Emil Bøcker Linde appointed board member
  • Dorte Bøcker Linde appointed chair of the board
  • Erik Mølgaard stepped down as chair of the board
  • Dorte Bøcker Linde stepped down as board member
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesmanagement 1 · accounts 1
  • Carsten Filsø stepped down as deputy chair
  • Annual report for 2020 published
20192 changesmanagement 2
  • Carsten Filsø appointed deputy chair
  • Grethe Bodholdt Linde stepped down as deputy chair
20163 changesownership 3
  • LINDE ApS registered as owner (100%)
  • LINDE ApS is no longer registered as owner
  • GROSSERER JENS LINDE'S FAMILIEFOND is no longer registered as owner
20142 changesname 1 · capital 1
  • Name changed from POLAR TOOLS ApS to POLAR TOOLS A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
20133 changesaddress 1 · management 2
  • Moved to Soldalen 9, 7100 Vejle
  • Grethe Bodholdt Linde appointed deputy chair
  • Jens Linde stepped down as deputy chair
201210 changesmanagement 4 · ownership 2 · industry 1 · merger 1 · name 1 · address 1
  • Jens Linde appointed deputy chair
  • LINDE ApS registered as owner (50%)
  • GROSSERER JENS LINDE'S FAMILIEFOND registered as owner (50%)
  • Industry changed to Engroshandel med isenkram, varmeanlæg og tilbehør (467400)
  • Merger registered in CVR
  • Name changed from JL VÆRKTØJ ApS to POLAR TOOLS ApS
  • Erik Mølgaard appointed chair of the board
  • Dorte Bøcker Linde appointed board member
  • Mikael Bodholdt Linde appointed board member
  • Moved to Jens Grøns Vej 1, 7100 Vejle
20071 changeaddress 1
  • Moved to Bødkervej 2, 7100 Vejle
20052 changesfounded 1 · management 1
  • Registered as JL VÆRKTØJ ApS
  • Mikael Bodholdt Linde appointed director

Related companies

Same industry in Vejle

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.

View in CVRReport a correction