Twt A/S
Public limited companyCVR 20213000SkiveActive
Twt A/S is a public limited company, based in Skive, active in manufacture of hand tools, founded in 1997. After a loss in 2024, the company made a profit of DKK 154k in 2025. Equity grew to DKK 713k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 46% (2024 → 2025), to DKK 3.7m.
- Net profit went from a loss of DKK 747k to a profit of DKK 154k (2024 → 2025).
- Equity rose 28% (2024 → 2025), to DKK 713k.
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 | 3,938 | 4,298 | 4,138 | 5,467 | 2,533 | 3,710 | +46.5% |
| Operating profit (EBIT) | – | 34 | 121 | 1,696 | −894 | 269 | +130.1% |
| Profit before tax | 67 | −8 | 75 | 1,616 | −956 | 197 | +120.6% |
| Net profit | 52 | −7 | 58 | 1,255 | −747 | 154 | +120.6% |
| Total assets | 4,315 | 2,970 | 3,019 | 5,009 | 3,279 | 3,645 | +11.2% |
| Equity | 1,714 | 493 | 551 | 1,806 | 559 | 713 | +27.6% |
| Liabilities | – | 2,477 | 2,468 | 3,153 | 2,720 | 2,932 | +7.8% |
| Cash and cash equivalents | 1,902 | 561 | 580 | 2,182 | 1,264 | 1,793 | +41.8% |
| Average number of employees | 11 | 11 | 10 | 9 | 8 | 8 | 0% |
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 | 10/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 09/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 23/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 24/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 08/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 01/06/2021 | 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. 18,504of 69,742 Better than 73% | No. 37,983of 69,964 Better than 46% |
| Same industry and fewer than 20 employees53 companies in the comparison | No. 29of 53 Better than 46% | No. 46of 53 Better than 13% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 11,635of 24,791 Better than 53% | No. 19,397of 24,909 Better than 22% |
| All companies of type A/S18,025 companies in the comparison | No. 12,997of 17,786 Better than 27% | No. 16,375of 18,024 Better than 9% |
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- Twt A/SDKK 3.7m
- Sønderborg Værktøjsfabrik A/SDKK 143.8m
- Am Værktøj Odense A/SDKK 72.8m
- Twt A/SDKK 154k
- Sønderborg Værktøjsfabrik A/SDKK 71m
- Am Værktøj Odense A/SDKK 8.7m
- Twt A/SDKK 713k
- Sønderborg Værktøjsfabrik A/SDKK 72.2m
- Am Værktøj Odense A/SDKK 39.6m
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- T E Jensen Holding ApS33.33%
- W J Holding ApS33.33%
- TWJ Holding Skive ApS20%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Werner Jørgensen | Director | 06/08/1997 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Werner Jørgensen | Board member | 06/08/1997 |
| Thomas Wiinberg Jørgensen | Board member | 18/02/2013 |
| Torben Engberg Jensen | Chair of the board | 14/05/2024 |
- Founders
- Werner Jørgensen, Torben Engberg Jensen
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ole Refsgaard Lund | Chair of the board | 06/08/1997 | 18/02/2013 |
| Torben Engberg Jensen | Board member | 06/08/1997 | 13/05/2024 |
| Poul Valter Toft | Board member | 11/01/1999 | 08/04/2003 |
| Jørgen Johannesen | Chair of the board | 18/02/2013 | 14/05/2024 |
| Per Steen Sørensen | Board member | 18/02/2013 | 06/05/2014 |
Signing rule: Selskabet tegnes af hele bestyrelsen i forening eller af en direktør.
Address and production units
1 active production unitsFabriksvej 6
7800 Skive
| Production unit | Address | Employees | P number |
|---|---|---|---|
| TWT A/S | Fabriksvej 6, V. Lyby, 7800 Skive | 9 | 1004187956 |
Purpose
Selskabets formål er at fremstille produktionsværktøjer og specialdele til maskinindustrien.
The purpose is quoted from the register in Danish.
Changes year by year
34 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20244 changesaccounts 1 · management 3
- AccountsAnnual report for 2023 published
- ManagementTorben Engberg Jensen appointed chair of the board
- ManagementJørgen Johannesen stepped down as chair of the board
- ManagementTorben Engberg Jensen stepped down as board member
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20216 changesownership 5 · accounts 1
- OwnershipT E JENSEN HOLDING ApS registered as owner (33.33%)
- OwnershipW J HOLDING ApS registered as owner (33.33%)
- OwnershipTWJ Holding Skive ApS registered as owner (20%)
- OwnershipT E JENSEN HOLDING ApS is no longer registered as owner
- OwnershipW J HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
20191 changeaddress 1
- AddressMoved to Fabriksvej 6, V. Lyby, 7800 Skive
20143 changesownership 2 · management 1
- OwnershipT E JENSEN HOLDING ApS registered as owner (50%)
- OwnershipW J HOLDING ApS registered as owner (50%)
- ManagementPer Steen Sørensen stepped down as board member
20134 changesmanagement 4
- ManagementPer Steen Sørensen appointed board member
- ManagementJørgen Johannesen appointed chair of the board
- ManagementThomas Wiinberg Jørgensen appointed board member
- ManagementOle Refsgaard Lund stepped down as chair of the board
20111 changeaddress 1
- AddressMoved to Fabriksvej 6, V. Lyby, 7800 Skive
20082 changesindustry 2
- IndustryIndustry changed to Fremstilling af håndværktøj (257300)
- IndustryIndustry changed to Fremstilling af andre plastprodukter (222900)
20041 changeindustry 1
- IndustryIndustry changed to Fremstilling af andre plastprodukter i øvrigt (252490)
20031 changemanagement 1
- ManagementPoul Valter Toft stepped down as board member
20021 changeindustry 1
- IndustryIndustry changed to Fremstilling af støbeforme (295610)
19991 changemanagement 1
- ManagementPoul Valter Toft appointed board member
19975 changesfounded 1 · management 4
- FoundedRegistered as TWT A/S
- ManagementOle Refsgaard Lund appointed chair of the board
- ManagementWerner Jørgensen appointed board member
- ManagementWerner Jørgensen appointed director
- ManagementTorben Engberg Jensen appointed board member
Related companies
Same people in management
- Vikan A/Svia Poul Valter Toft
- Dansk Revision Skive Registreret Revisionsanpartsselskabvia Jørgen Johannesen
- Dansk Revision A/Svia Jørgen Johannesen
- Højslev El ApSvia Jørgen Johannesen
- Tage Jensen Stoholm A/Svia Ole Refsgaard Lund
- Skive El-service ApSvia Jørgen Johannesen
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.