W. Olsen & Søn Modelfabrik A/S
Public limited companyCVR 73457319HaslevActive
W. Olsen & Søn Modelfabrik A/S is a public limited company, based in Haslev, active in manufacture of hand tools, founded in 1983. The company went from a profit in 2024 to a loss of DKK 474k in 2025. Equity fell to DKK 978k in 2025. 6 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 18% (2024 → 2025), to DKK 6.5m.
- Net profit went from a profit of DKK 1.1m to a loss of DKK 474k (2024 → 2025).
- Equity fell 33% (2024 → 2025), to DKK 978k.
Management and owners, last 24 months
- New in management: Mette Bach Olsen (ceo, 23/04/2026).
- Stepped down: Lars Bach Olsen (director, 23/04/2026).
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 | 4,921 | 5,969 | 6,867 | 6,133 | 7,904 | 6,461 | −18.3% |
| Operating profit (EBIT) | −2,287 | −611 | 742 | 593 | 1,832 | −151 | −108.3% |
| Profit before tax | −2,500 | −762 | 564 | 443 | 1,509 | −593 | −139.3% |
| Net profit | −1,940 | −725 | 509 | 328 | 1,140 | −474 | −141.6% |
| Total assets | 8,265 | 7,907 | 8,882 | 8,304 | 11,888 | 10,534 | −11.4% |
| Equity | 200 | −525 | −16 | 312 | 1,452 | 978 | −32.6% |
| Liabilities | 8,064 | 8,431 | 8,842 | 7,822 | 9,996 | 9,338 | −6.6% |
| Cash and cash equivalents | 12 | 178 | 83 | 4 | 0 | 3 | +1,511.2% |
| Average number of employees | 12 | 10 | 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
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 33% from 2024 to 2025 (DKK 1.5m to DKK 978k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 9% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 27/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 13/02/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 04/03/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 30/03/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 31/03/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 04/03/2021 | 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. 9,680of 69,742 Better than 86% | No. 33,997of 69,964 Better than 51% |
| Same industry and fewer than 20 employees53 companies in the comparison | No. 16of 53 Better than 71% | No. 41of 53 Better than 23% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 5,102of 10,152 Better than 50% | No. 8,852of 10,275 Better than 14% |
| All companies of type A/S18,025 companies in the comparison | No. 10,897of 17,786 Better than 39% | No. 15,984of 18,024 Better than 11% |
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- W. Olsen & Søn Modelfabrik A/SDKK 6.5m
- Sønderborg Værktøjsfabrik A/SDKK 143.8m
- Am Værktøj Odense A/SDKK 72.8m
- W. Olsen & Søn Modelfabrik A/S−DKK 474k
- Sønderborg Værktøjsfabrik A/SDKK 71m
- Am Værktøj Odense A/SDKK 8.7m
- W. Olsen & Søn Modelfabrik A/SDKK 978k
- Sønderborg Værktøjsfabrik A/SDKK 72.2m
- Am Værktøj Odense A/SDKK 39.6m
- W. Olsen & Søn Modelfabrik A/S9
- 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- Bach Holding. Haslev ApS100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Mette Bach Olsen | CEO | 23/04/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lars Bach Olsen | Board member | 29/12/1983 |
| Claus Hoffmann Pedersen | Board member | 23/08/2012 |
| Maja Bach Olsen | Board member | 21/07/2021 |
| Mette Bach Olsen | Board member | 21/07/2021 |
| Mads Bach Olsen | Board member | 21/07/2021 |
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ove Olsen | Board member | 29/12/1983 | 02/11/1994 |
| Flint Hoya Frost | Board member | 29/12/1983 | 06/08/1991 |
| Lars Bach Olsen | Director | 29/12/1983 | 23/04/2026 |
| Birthe Jytte Olsen | Board member | 29/12/1983 | 02/11/1994 |
| Birthe Jytte Olsen | Director | 29/12/1983 | 06/08/1991 |
| Birgit Nesheim | Board member | 15/07/1997 | 12/04/2007 |
| Søren Bach Olsen | Board member | 12/04/2007 | 16/12/2011 |
| Jørn Martin Bank | Chair of the board | 04/06/2010 | 01/10/2010 |
| Bjørn Jan Nielsen | Board member | 16/12/2011 | 21/07/2021 |
| Ann Høgh Olsen | Chair of the board | 23/08/2012 | 24/09/2018 |
Signing rule: Selskabet tegnes af en direktør alene eller af den samlede bestyrelse
Address and production units
1 active production unitsFørslev Tuerum 4
4690 Haslev
| Production unit | Address | Employees | P number |
|---|---|---|---|
| W OLSEN & SØN MODELFABRIK A/S | Førslev Tuerum 4, 4690 Haslev | 10 | 1002402885 |
Purpose
Selskabets formål er at drive handel og fabrikation samt anden dermed i forbindelse stående virksomhed, efter bestyrelsens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
41 registered events20263 changesmanagement 2 · accounts 1
- ManagementMette Bach Olsen appointed ceo
- ManagementLars Bach Olsen stepped down as director
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- 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
20215 changesmanagement 4 · accounts 1
- ManagementMads Bach Olsen appointed board member
- ManagementMette Bach Olsen appointed board member
- ManagementMaja Bach Olsen appointed board member
- ManagementBjørn Jan Nielsen stepped down as board member
- AccountsAnnual report for 2020 published
20181 changemanagement 1
- ManagementAnn Høgh Olsen stepped down as chair of the board
20123 changesmanagement 2 · industry 1
- ManagementAnn Høgh Olsen appointed chair of the board
- ManagementClaus Hoffmann Pedersen appointed board member
- IndustryIndustry changed to Fremstilling af håndværktøj (257300)
20112 changesmanagement 2
- ManagementBjørn Jan Nielsen appointed board member
- ManagementSøren Bach Olsen stepped down as board member
20102 changesmanagement 2
- ManagementJørn Martin Bank stepped down as chair of the board
- ManagementJørn Martin Bank appointed chair of the board
20082 changesindustry 2
- IndustryIndustry changed to Manufacture of other special-purpose machinery n.e.c. (289900)
- IndustryIndustry changed to Fremstilling af håndværktøj (257300)
20073 changesmanagement 2 · address 1
- ManagementSøren Bach Olsen appointed board member
- ManagementBirgit Nesheim stepped down as board member
- AddressMoved to Førslev Tuerum 4, 4690 Haslev
19981 changeownership 1
- OwnershipBACH HOLDING. HASLEV ApS registered as owner (100%)
19972 changescapital 1 · management 1
- CapitalShare capital changed from 200,000 DKK to 500,000 DKK
- ManagementBirgit Nesheim appointed board member
19961 changecapital 1
- CapitalShare capital changed from 180,000 DKK to 200,000 DKK
19943 changescapital 1 · management 2
- CapitalShare capital changed from 80,000 DKK to 180,000 DKK
- ManagementOve Olsen stepped down as board member
- ManagementBirthe Jytte Olsen stepped down as board member
19912 changesmanagement 2
- ManagementBirthe Jytte Olsen stepped down as director
- ManagementFlint Hoya Frost stepped down as board member
19837 changesfounded 1 · management 6
- FoundedRegistered as W. OLSEN & SØN MODELFABRIK A/S
- ManagementLars Bach Olsen appointed board member
- ManagementOve Olsen appointed board member
- ManagementBirthe Jytte Olsen appointed director
- ManagementBirthe Jytte Olsen appointed board member
- ManagementLars Bach Olsen appointed director
- ManagementFlint Hoya Frost appointed board member
Related companies
Same people in management
- Aart Architects DK East A/Svia Jørn Martin Bank
- DitoBus Linjetrafik Syd A/Svia Jørn Martin Bank
- Copenhagen Sensor Technology A/Svia Jørn Martin Bank
- Glarmestre Snoer og Sønner A/Svia Jørn Martin Bank
- Scanket A/Svia Jørn Martin Bank
- Olsen & Christiansen A/Svia Jørn Martin Bank
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.