TOOLSPANN A/S

CVR 10933242 · Public limited company (A/S) · Active · Low risk

TOOLSPANN A/S is a Public limited company (A/S), founded on , based in Haslev. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Aug 2025) shows equity of DKK 681k and a net result of DKK -190k. CEO: Thomas Ytte Olsen.

Bankruptcy risk for TOOLSPANN A/S

0.1%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 27% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's previous bankruptcies1 · bankruptcy rate 14.2%1.6×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
10933242
Status
Active
Company type
Public limited company (A/S)
Founded
(39 years)
Address
Piberhusvej 18
4690 Haslev
Municipality
Faxe
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 1.0m
Employees
2 (2018)
Auditor
BAYS REVISIONSKONTOR V/KIM BAY
Audit opted out
No

Warning signs

Annual reports filed late0 of 30
Missing annual reportNo
Negative equityNo
Equity ratio41.6%
Current ratio173%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies1
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 289kDKK 192k
Net profitDKK -190kDKK -245k
EquityDKK 681kDKK 871k
Total assetsDKK 1.6mDKK 1.4m
CashDKK 23k–
Short-term debtDKK 943k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · REVISIONSKONTORET I FAXE.

Filed annual reports

Reporting periodPublishedDays after period end
1 Sep 2024 – 31 Aug 2025121
1 Sep 2023 – 31 Aug 2024144
1 Sep 2022 – 31 Aug 2023109
1 Sep 2021 – 31 Aug 2022120
1 Jan 2020 – 31 Dec 202083
1 Jan 2019 – 31 Dec 201976
1 Jan 2018 – 31 Dec 201898
1 Jan 2017 – 31 Dec 2017100
1 Jan 2016 – 31 Dec 201666
1 Jan 2015 – 31 Dec 2015106
1 Jan 2014 – 31 Dec 2014133
1 Jan 2013 – 31 Dec 2013151
1 Jan 2012 – 31 Dec 2012150
1 Jan 2011 – 31 Dec 2011145
1 Jan 2010 – 31 Dec 2010143
1 Jan 2009 – 31 Dec 2009112
1 Jan 2008 – 31 Dec 200891
1 Jan 2007 – 31 Dec 2007111
1 Jan 2006 – 31 Dec 2006150
1 Jan 2005 – 31 Dec 2005159

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOThomas Ytte OlsenCurrent
CEOJens Ole Vejsager
CEOClaus Vejsager
CEOThomas Ytte Olsen
BoardThomas Ytte OlsenCurrent
BoardRikke Camilla Brügmann LarsenCurrent
BoardJens Anker PetersenCurrent
BoardSteffen Kjærulff-Schmidt
BoardJens Ole Vejsager
BoardOrla Lund Ankersen
BoardJacob Vejsager
BoardClaus Vejsager
BoardThomas Ytte Olsen
BoardRikke Camilla Brügmann Larsen
BoardJens Anker Petersen
Owner (100%)Tryl Holding ApSCurrent
Owner (100%)C.J.H. HOLDING ApS
Owner (100%)TRYL VÆRKTØJ ApS
AuditorBAYS REVISIONSKONTOR V/KIM BAYCurrent
AuditorG & N BOGFØRINGSSERVICE ApS
AuditorDL Revision Jens Danstrup Larsen Statsautoriserede Revisorer
AuditorG & N REVISIONSSELSKAB, JAN NIELSEN ApS
AuditorMJAKP2 I/S
AuditorMJAKP P/S
AuditorSTEEN KOCH REGISTREREDE REVISORER ApS
AuditorAIDER Godkendt Revisionsaktieselskab
AuditorRevisionskontoret i Faxe
FounderJens Ole VejsagerCurrent
FounderANPARTSSELSKABET AF 4. JULI 1969Current
FounderVEJSAGER MASKINCOMPAGNI ApSCurrent

The CEOs' other companies

Thomas Ytte Olsen – 4 other companies, of which 2 bankrupt

Jens Ole Vejsager – 9 other companies, of which 1 bankrupt

Claus Vejsager – 5 other companies

Address history (4 moves)

Piberhusvej 18, 4690 Haslev
Møllehaven 14, 4040 Jyllinge
Stenhøjvej 6, 3650 Ølstykke
Stenhøjvej 6, 3650 Ølstykke
Baldersbuen 25, 2640 Hedehusene

Former names

TOOLSPANN A/S – now
OVM AF 23/6 2010 A/S –
OLE VEJSAGER MASKINER A/S –

Employees per year

Number of employees at TOOLSPANN A/S per year352011: 220112012: 520122013: 420132014: 320142015: 320152016: 320162017: 320172018: 22018

Other companies at the same address

Similar companies in Faxe

Questions and answers about TOOLSPANN A/S

Has TOOLSPANN A/S gone bankrupt?

No, TOOLSPANN A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TOOLSPANN A/S?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the CEO of TOOLSPANN A/S?

Thomas Ytte Olsen is the CEO of TOOLSPANN A/S.

Who is the auditor of TOOLSPANN A/S?

TOOLSPANN A/S most recently used BAYS REVISIONSKONTOR V/KIM BAY.

When was TOOLSPANN A/S founded?

TOOLSPANN A/S was founded on 16 June 1987.

What is the equity of TOOLSPANN A/S?

Equity was DKK 681k according to the annual report for the period ending 31 August 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.