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Ridgid Scandinavia ApS

Private limited companyCVR 70699028KarlslundeActive

Ridgid Scandinavia ApS is a private limited company, based in Karlslunde, active in wholesale of machine tools, founded in 1964. Net profit rose 6% from 2024 to 2025, ending at DKK 11.5m. Equity fell to DKK 19.5m in 2025. Gross profit is higher than that of 85% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 20.7m−0.5% vs. 2024
Net profitDKK 11.5m+5.8% vs. 2024
EquityDKK 19.5m−63.1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit rose 6% (2024 → 2025), to DKK 11.5m.
  • Equity fell 63% (2024 → 2025), to DKK 19.5m.

Employees

  • 3 fewer employees than a year earlier: 4 (07/2026) against 7 (07/2025).

Management and owners, last 24 months

  • New in management: Thomas Paul N Houwaer (board member, 15/10/2026).
  • Stepped down: Marc Vandevelde (board member, 15/10/2026).
  • New owners registered: Ridgid U.K. Limited (03/08/2026).
  • No longer registered as owner: Ridge Tool Europe N.V. (03/08/2026).

Registrations, last 24 months

  • 31/08/2026: Name changed from RIDGID SCANDINAVIA A/S to RIDGID SCANDINAVIA ApS

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 50m202020212022202320242025
EquityNet profit
Financial figures for Ridgid Scandinavia ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit21,82819,18326,59223,42320,84120,742−0.5%
Operating profit (EBIT)13,77811,68519,04014,35112,48213,960+11.8%
Profit before tax13,72311,58019,01615,21214,09214,753+4.7%
Net profit10,6938,92915,06311,85210,91011,543+5.8%
Total assets64,43567,59842,83754,00163,94830,691−52%
Equity45,73054,65930,22242,07452,98419,527−63.1%
Liabilities18,70512,93912,61511,92710,96411,164+1.8%
Cash and cash equivalents074610−100%
Average number of employees121112–1110−9.1%

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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (157 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 63% from 2024 to 2025 (DKK 53m to DKK 19.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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 Ridgid Scandinavia ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202526/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202418/03/2025The companyPDFXBRL
202301/10/2022 – 30/09/202320/02/2024The companyPDFXBRL
202201/10/2021 – 30/09/202220/02/2023The companyPDFXBRL
202101/10/2020 – 30/09/202122/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202025/02/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

157 companies in the database

Comparison with the other companies in wholesale of machine tools based on the latest financial year.

Gross profitDKK 20.7mNo. 24 of 157
Better than 85% of the companies in the industry
EquityDKK 19.5mNo. 29 of 157
Better than 82% of the companies in the industry
Number of employees4No. 53 of 157
Better than 67% of the companies in the industry

Industry median: gross profit DKK 5.7m, net profit DKK 760k, equity DKK 5.4m, 6 employees.

DKK 100kDKK 838kDKK 7mDKK 58.8mDKK 242.7mHere
Distribution of gross profit for 154 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. 1,429of 69,742
Better than 98%
No. 5,879of 69,964
Better than 92%
Same industry and fewer than 20 employees125 companies in the comparison
No. 5of 125
Better than 97%
No. 9of 125
Better than 94%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,753of 10,152
Better than 73%
No. 3,442of 10,275
Better than 67%
All companies of type ApS66,508 companies in the comparison
No. 2,331of 66,379
Better than 96%
No. 4,315of 66,505
Better than 94%

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

Wholesale of machine tools
Gross profit
  1. Ridgid Scandinavia ApSDKK 20.7m
  2. Würth Danmark A/SDKK 493m
  3. Robert Bosch A/SDKK 229.5m
Net profit
  1. Ridgid Scandinavia ApSDKK 11.5m
  2. Würth Danmark A/SDKK 42.8m
  3. Robert Bosch A/SDKK 34.5m
Equity
  1. Ridgid Scandinavia ApSDKK 19.5m
  2. Würth Danmark A/SDKK 320.5m
  3. Robert Bosch A/SDKK 100.3m
Employees
  1. Ridgid Scandinavia ApS4
  2. Würth Danmark A/S650
  3. Robert Bosch A/S199

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
  • Ridgid U.K. Limited100%
Ridgid Scandinavia ApS

Management

4 active registrations

Executive management

Executive management at Ridgid Scandinavia ApS
NameRoleAppointed
John William Peter MuckleCEO01/10/2024

Board of directors

Board of directors at Ridgid Scandinavia ApS
NameRoleAppointed
Peter Kim KetelsenChair of the board30/01/2014
John William Peter MuckleBoard member12/09/2024
Thomas Paul N HouwaerBoard member15/10/2026
Auditor
KPMG P/S
Former management (13)
Former management at Ridgid Scandinavia ApS
NameRoleAppointedResigned
Ole NørregaardBoard member03/01/196428/11/1997
Niels LundovDirector03/01/196419/11/1990
Willy Gerard Edmond VandormaelBoard member03/01/196422/10/1997
Edward AndrewBoard member29/11/199530/09/2002
Edward AndrewDirector29/11/199522/10/1997
Claes Richard Jerker MelenBoard member29/11/199522/10/1997
Claes Richard Jerker MelenDirector29/11/199529/11/1995
Michael Borre PoulsenBoard member22/10/199701/11/2018
Michael Borre PoulsenDirector22/10/199701/11/2018
Marc VandeveldeBoard member30/09/200215/10/2026
Michael Egede BudtzChair of the board04/02/200830/01/2014
Philip EnevoldsenBoard member01/11/201812/09/2024
Philip EnevoldsenCEO01/11/201830/09/2024

Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af en direktør i forening med et bestyrelsesmedlem.

Address and production units

1 active production units

Drejergangen 3C
2690 Karlslunde

Greve Municipality · Postcode 2690

Production units
Production unitAddressEmployeesP number
RIDGID SCANDINAVIA ApSDrejergangen 3C, 1, 2690 Karlslunde41002327063

Purpose

Selskabets formål er at drive handels- og fabrikations- virksomhed, herunder at købe og sælge, importere og eksportere, fabrikere eller lade fabrikere, drive agenturvirksomhed og levere tjenesteydelser til trediemand

The purpose is quoted from the register in Danish.

Changes year by year

46 registered events
20266 changesmanagement 2 · name 1 · ownership 2 · accounts 1
  • Thomas Paul N Houwaer appointed board member
  • Marc Vandevelde stepped down as board member
  • Name changed from RIDGID SCANDINAVIA A/S to RIDGID SCANDINAVIA ApS
  • Ridgid U.K. Limited registered as owner (100%)
  • Ridge Tool Europe N.V. is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20245 changesmanagement 4 · accounts 1
  • John William Peter Muckle appointed ceo
  • Philip Enevoldsen stepped down as ceo
  • John William Peter Muckle appointed board member
  • Philip Enevoldsen stepped down as board member
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20191 changeaddress 1
  • Moved to Drejergangen 3C, 1, 2690 Karlslunde
20185 changesaddress 1 · management 4
  • Moved to Drejergangen 3C, 1, 2690 Karlslunde
  • Philip Enevoldsen appointed ceo
  • Philip Enevoldsen appointed board member
  • Michael Borre Poulsen stepped down as director
  • Michael Borre Poulsen stepped down as board member
20142 changesmanagement 2
  • Peter Kim Ketelsen appointed chair of the board
  • Michael Egede Budtz stepped down as chair of the board
20082 changesmanagement 1 · industry 1
  • Michael Egede Budtz appointed chair of the board
  • Industry changed to Wholesale of machine tools (466200)
20022 changesmanagement 2
  • Marc Vandevelde appointed board member
  • Edward Andrew stepped down as board member
19976 changesmanagement 6
  • Ole Nørregaard stepped down as board member
  • Michael Borre Poulsen appointed director
  • Michael Borre Poulsen appointed board member
  • Edward Andrew stepped down as director
  • Claes Richard Jerker Melen stepped down as board member
  • Willy Gerard Edmond Vandormael stepped down as board member
19961 changeownership 1
  • Ridge Tool Europe N.V. registered as owner (100%)
19956 changescapital 1 · management 5
  • Share capital changed from 300,000 DKK to 500,000 DKK
  • Edward Andrew appointed director
  • Claes Richard Jerker Melen appointed director
  • Claes Richard Jerker Melen stepped down as director
  • Claes Richard Jerker Melen appointed board member
  • Edward Andrew appointed board member
19911 changename 1
  • Name changed from RIDGID VÆRKTØJ A/S to RIDGID SCANDINAVIA A/S
19901 changemanagement 1
  • Niels Lundov stepped down as director
19644 changesfounded 1 · management 3
  • Registered as RIDGID VÆRKTØJ A/S
  • Niels Lundov appointed director
  • Willy Gerard Edmond Vandormael appointed board member
  • Ole Nørregaard appointed board member

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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.

View in CVRReport a correction