Svend's Værktøj ApS
Private limited companyCVR 29620571BillundActive
Svend's Værktøj ApS is a private limited company, based in Billund, active in manufacture of hand tools, founded in 2006. After a loss in 2024, the company made a profit of DKK 3.6m in 2025. Equity grew to DKK 12m in 2025. Gross profit is higher than that of 79% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 64% (2024 → 2025), to DKK 14.5m.
- Net profit went from a loss of DKK 698k to a profit of DKK 3.6m (2024 → 2025).
- Equity rose 28% (2024 → 2025), to DKK 12m.
Employees
- 3 fewer employees than a year earlier: 18 (08/2026) against 21 (08/2025).
Management and owners, last 24 months
- New owners registered: Martin Knudsen Holding ApS (13/10/2025).
- No longer registered as owner: Svends Holding ApS (13/10/2025) and Martin Knudsen Holding ApS (12/10/2025).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 10,533 | 12,356 | 15,964 | 13,736 | 8,845 | 14,472 | +63.6% |
| Operating profit (EBIT) | 2,107 | 2,619 | 5,329 | 3,745 | −740 | 4,713 | +736.7% |
| Profit before tax | 1,793 | 2,495 | 5,201 | 3,632 | −794 | 4,561 | +674.6% |
| Net profit | 1,348 | 1,945 | 4,056 | 2,832 | −698 | 3,633 | +620.9% |
| Total assets | 13,130 | 13,842 | 18,262 | 20,503 | 17,714 | 23,409 | +32.1% |
| Equity | 5,269 | 6,214 | 9,270 | 11,102 | 9,404 | 12,038 | +28% |
| Liabilities | 7,671 | 7,562 | 8,978 | 9,305 | 8,310 | 11,012 | +32.5% |
| Cash and cash equivalents | 1,876 | 1,387 | 4,420 | 3,684 | 0 | – | – |
| Average number of employees | 15 | 15 | 17 | 15 | 13 | 15 | +15.4% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 08/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 16/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 26/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 28/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 27/05/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
68 companies in the databaseComparison with the other companies in manufacture of hand tools based on the latest financial year.
Industry median: gross profit DKK 4.9m, net profit DKK 642k, equity DKK 3.7m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 2,565of 69,742 Better than 96% | No. 8,018of 69,964 Better than 89% |
| Same industry and fewer than 20 employees53 companies in the comparison | No. 2of 53 Better than 98% | No. 2of 53 Better than 98% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 4,473of 24,791 Better than 82% | No. 6,009of 24,909 Better than 76% |
| All companies of type ApS66,508 companies in the comparison | No. 3,800of 66,379 Better than 94% | No. 6,025of 66,505 Better than 91% |
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- Svend's Værktøj ApSDKK 14.5m
- Sønderborg Værktøjsfabrik A/SDKK 143.8m
- Am Værktøj Odense A/SDKK 72.8m
- Svend's Værktøj ApSDKK 3.6m
- Sønderborg Værktøjsfabrik A/SDKK 71m
- Am Værktøj Odense A/SDKK 8.7m
- Svend's Værktøj ApSDKK 12m
- Sønderborg Værktøjsfabrik A/SDKK 72.2m
- Am Værktøj Odense A/SDKK 39.6m
- Svend's Værktøj ApS18
- Sønderborg Værktøjsfabrik A/S56
- 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- Martin Knudsen Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Dybvad Knudsen | Director | 01/01/2020 |
- Founders
- Svend Erik Mortensen
Former management (2)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Svend Erik Mortensen | Director | 15/06/2006 | 01/01/2020 |
| Britta Fyhn Mortensen | Director | 26/05/2018 | 01/01/2020 |
Signing rule: Virksomheden tegnes af en direktør eller af de to direktører i forening.
Address and production units
1 active production unitsKløvermarken 112
7190 Billund
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SVEND'S VÆRKTØJ ApS | Kløvermarken 112, 7190 Billund | 18 | 1012342140 |
Purpose
Selskabets formål er at drive virksomhed ved fremstilling af værktøj, maskin- og formdele til industrivirksomheder samt anden i naturligt forbindelse hermed stående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
25 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20254 changesownership 3 · accounts 1
- OwnershipMartin Knudsen Holding ApS registered as owner (100%)
- OwnershipSVENDS HOLDING ApS is no longer registered as owner
- OwnershipMartin Knudsen Holding ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20205 changesownership 2 · management 3
- OwnershipMartin Knudsen Holding ApS registered as owner (33.33%)
- ManagementMartin Dybvad Knudsen appointed director
- ManagementBritta Fyhn Mortensen stepped down as director
- ManagementSvend Erik Mortensen stepped down as director
- OwnershipSVENDS HOLDING ApS registered as owner (50%)
20191 changeownership 1
- OwnershipSVENDS HOLDING ApS is no longer registered as owner
20182 changesaddress 1 · management 1
- AddressMoved to Kløvermarken 112, 7190 Billund
- ManagementBritta Fyhn Mortensen appointed director
20161 changeaddress 1
- AddressMoved to Kløvermarken 112, 7190 Billund
20142 changesstatus 2
- StatusStatus changed to active
- StatusStatus changed to under compulsory dissolution
20111 changeownership 1
- OwnershipSVENDS HOLDING ApS registered as owner (100%)
20081 changeindustry 1
- IndustryIndustry changed to Fremstilling af håndværktøj (257300)
20071 changeaddress 1
- AddressMoved to Kløvermarken 112, 7190 Billund
20062 changesfounded 1 · management 1
- FoundedRegistered as SVEND'S VÆRKTØJ ApS
- ManagementSvend Erik Mortensen appointed director
Related companies
Largest in the industry
- Sønderborg Værktøjsfabrik A/SDKK 143.8m
- Am Værktøj Odense A/SDKK 72.8m
- MGS Lynge A/SDKK 71.2m
- Kyocera Unimerco Tooling A/SDKK 65.8m
- Nek A/SDKK 44.4m
- Dencam Composite A/SDKK 39m
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.