Tool Denmark A/S

Public limited companyCVR 26089344Odense SØActive

Tool Denmark A/S is a public limited company, based in Odense SØ, active in manufacture of hand tools, founded in 2001. Net profit fell 48% from 2024 to 2025, ending at DKK 1.1m. With 23 employees, the company is about 4 times larger than the industry median. Gross profit is higher than that of 78% of the companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 13.9m−19.3% vs. 2024

Net profitDKK 1.1m−47.9% vs. 2024

EquityDKK 13.1m−6.6% vs. 2024

Employees23latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 19% (2024 → 2025), to DKK 13.9m.
Net profit fell 48% (2024 → 2025), to DKK 1.1m.
Equity fell 7% (2024 → 2025), to DKK 13.1m.

Employees

1 more employees than a year earlier: 23 (08/2026) against 22 (08/2025).

Management and owners, last 24 months

New in management: Claus Hansen (chair of the board, 01/08/2025).
Stepped down: Claus Hansen (board member, 31/07/2025) and Michael Nørregaard Wilkens (chair of the board, 01/08/2025).

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 thousand

Equity and net profit

EquityNet profit

Financial figures for Tool Denmark A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	16,558	16,469	18,482	16,877	17,186	13,870	−19.3%
Operating profit (EBIT)	3,067	2,715	2,860	2,508	2,688	1,562	−41.9%
Profit before tax	2,946	2,627	2,772	2,308	2,645	1,376	−48%
Net profit	2,291	2,039	2,152	1,789	2,055	1,070	−47.9%
Total assets	28,206	25,277	23,459	31,703	23,461	20,544	−12.4%
Equity	14,004	14,042	14,195	13,984	14,039	13,109	−6.6%
Liabilities	13,405	10,346	8,186	16,572	8,499	6,481	−23.7%
Cash and cash equivalents	5,465	1	1,291	1	4,544	2,052	−54.9%
Average number of employees	22	24	25	24	23	20	−13%

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

Compare with the industry (68 companies)

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 Tool Denmark A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	19/03/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	15/03/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	23/04/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	02/03/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	16/03/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	19/04/2021	The company	PDF XBRL

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

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 13.9mNo. 16 of 68

Better than 78% of the companies in the industry

EquityDKK 13.1mNo. 12 of 68

Better than 84% of the companies in the industry

Number of employees23No. 11 of 68

Better than 85% of the companies in the industry

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

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
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 4,488of 9,892 Better than 55%	No. 2,487of 9,922 Better than 75%
Companies that are between 15 and 29 years old24,910 companies in the comparison	No. 4,611of 24,791 Better than 81%	No. 5,693of 24,909 Better than 77%
All companies of type A/S18,025 companies in the comparison	No. 7,539of 17,786 Better than 58%	No. 7,704of 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

Tool Denmark A/SDKK 13.9m
Sønderborg Værktøjsfabrik A/SDKK 143.8m
Am Værktøj Odense A/SDKK 72.8m

Net profit

Tool Denmark A/SDKK 1.1m
Sønderborg Værktøjsfabrik A/SDKK 71m
Am Værktøj Odense A/SDKK 8.7m

Equity

Tool Denmark A/SDKK 13.1m
Sønderborg Værktøjsfabrik A/SDKK 72.2m
Am Værktøj Odense A/SDKK 39.6m

Employees

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

Henny Hansen10%
Jan Hansen Odense Holding ApS25%
Per Nobel Odense Holding ApS25%
Claus Hansen Odense Holding ApS25%

Tool Denmark A/S

Management

4 active registrations

Executive management

Executive management at Tool Denmark A/S
Name	Role	Appointed
Per Nobel	Director	20/06/2001

Board of directors

Board of directors at Tool Denmark A/S
Name	Role	Appointed
Per Nobel	Board member	20/06/2001
Jan Hansen	Board member	20/06/2001
Claus Hansen	Chair of the board	01/08/2025

Auditor: BDO Statsautoriseret Revisionspartnerselskab
Founders: Michael Falcher Petersen, Michael Fruerlund Jensen, Hans Nobel, Jan Hansen Odense Holding ApS, Per Nobel Odense Holding ApS, Claus Hansen Odense Holding ApS, AspoTech

Former management (8)

Former management at Tool Denmark A/S
Name	Role	Appointed	Resigned
Otto Frederik Spliid	Chair of the board	20/06/2001	08/11/2019
Claus Hansen	Board member	20/06/2001	14/06/2021
Arne Engskov Jensen	Board member	02/12/2015	08/11/2019
Finn Schlitterlau	Board member	08/11/2019	12/06/2020
Per Rasmus Rasmussen	Chair of the board	08/11/2019	15/06/2021
Claus Hansen	Chair of the board	15/06/2021	07/01/2024
Claus Hansen	Board member	08/01/2024	31/07/2025
Michael Nørregaard Wilkens	Chair of the board	08/01/2024	01/08/2025

Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, eller af den samlede bestyrelse.

Address and production units

1 active production units

M.P. Allerups Vej 1
5220 Odense SØ

Odense Municipality · Postcode 5220

Production units
Production unit	Address	Industry	Employees	P number
TOOL DENMARK A/S	M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ	Manufacture of hand tools	23	1008500068

Purpose

Selskabets formål er at drive handel og industri i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events

12015

12016

12017

02018

42019

12020

62021

12022

22023

62024

42025

12026

20261 changeaccounts 1

19/03AccountsAnnual report for 2025 published

20254 changesmanagement 3 · accounts 1

01/08ManagementClaus Hansen appointed chair of the board
01/08ManagementMichael Nørregaard Wilkens stepped down as chair of the board
31/07ManagementClaus Hansen stepped down as board member
15/03AccountsAnnual report for 2024 published

20246 changesaddress 2 · accounts 1 · management 3

13/05AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ
23/04AccountsAnnual report for 2023 published
11/04AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ
08/01ManagementClaus Hansen appointed board member
08/01ManagementMichael Nørregaard Wilkens appointed chair of the board
07/01ManagementClaus Hansen stepped down as chair of the board

20232 changesaddress 1 · accounts 1

14/08AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ
02/03AccountsAnnual report for 2022 published

20221 changeaccounts 1

16/03AccountsAnnual report for 2021 published

20216 changesaddress 2 · management 3 · accounts 1

01/10AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ
15/06ManagementClaus Hansen appointed chair of the board
15/06ManagementPer Rasmus Rasmussen stepped down as chair of the board
14/06ManagementClaus Hansen stepped down as board member
19/04AccountsAnnual report for 2020 published
22/02AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ

20201 changemanagement 1

12/06ManagementFinn Schlitterlau stepped down as board member

20194 changesmanagement 4

08/11ManagementFinn Schlitterlau appointed board member
08/11ManagementPer Rasmus Rasmussen appointed chair of the board
08/11ManagementArne Engskov Jensen stepped down as board member
08/11ManagementOtto Frederik Spliid stepped down as chair of the board

20171 changeaddress 1

09/01AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ

20161 changeaddress 1

28/01AddressMoved to M.P. Allerups Vej 1, Fraugdekærby, 5220 Odense SØ

20151 changemanagement 1

02/12ManagementArne Engskov Jensen appointed board member

20103 changesownership 3

15/09OwnershipJAN HANSEN ODENSE HOLDING ApS registered as owner (25%)
15/09OwnershipPER NOBEL ODENSE HOLDING ApS registered as owner (25%)
15/09OwnershipCLAUS HANSEN ODENSE HOLDING ApS registered as owner (25%)

20023 changesownership 1 · capital 2

03/09OwnershipHenny Hansen registered as owner (10%)
19/08CapitalShare capital changed from 2,850,000 DKK to 2,950,000 DKK
09/07CapitalShare capital changed from 2,450,000 DKK to 2,850,000 DKK

20016 changesfounded 1 · management 5

20/06FoundedRegistered as TOOL DENMARK A/S
20/06ManagementClaus Hansen appointed board member
20/06ManagementPer Nobel appointed board member
20/06ManagementPer Nobel appointed director
20/06ManagementJan Hansen appointed board member
20/06ManagementOtto Frederik Spliid appointed chair of the board

Related companies

Same industry in Odense

Am Værktøj Odense A/S91 employees

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Same people in management

Autohuset Vestergaard A/S Personvognevia Otto Frederik Spliid
SJF Bank A/Svia Otto Frederik Spliid
Mekoprint A/Svia Per Rasmus Rasmussen
Persolit Entreprenørfirma A/Svia Per Rasmus Rasmussen
Titech Electric A/Svia Otto Frederik Spliid
Catering Danmark ApSvia Otto Frederik Spliid

Largest in the industry

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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 CVR Report a correction