INTERNATIONAL TOOLS AGENCY A/S

CVR 25391993 · Public limited company (A/S) · Active · Medium risk

INTERNATIONAL TOOLS AGENCY A/S is a Public limited company (A/S), founded on , based in Karlslunde. The company is registered in the industry engroshandel med værktøjsmaskiner. Our model estimates a bankruptcy risk of 2.3% over the next 12 months, which is 1.6 times the average for Danish companies. 20 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -401k and a net result of DKK -260k.

Bankruptcy risk for INTERNATIONAL TOOLS AGENCY A/S

2.3%
probability of bankruptcy within 12 months
Medium risk

1.6 × the average (1.41%) · higher risk than 84% of active Danish companies

Lowest riskHighest risk

Increases the risk

Equity ratio< -50% · bankruptcy rate 19.3%2.2×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Audit opted outYes · bankruptcy rate 10.4%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
25391993
Status
Active
Company type
Public limited company (A/S)
Founded
(26 years)
Address
Vævergangen 22C
2690 Karlslunde
Municipality
Greve
Industry
Engroshandel med værktøjsmaskiner (466200)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
2 (2018)
Auditor
Addere Revisionstatsautoriseret revisionspartnerselskab
Audit opted out
Yes

Warning signs

Annual reports filed late4 of 26
Missing annual reportNo
Negative equityYes
Equity ratio-324.9%
Current ratio20%
Moves (last 2 years)0
CEO changes in total2
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyYes

Financials and key figures

Financial year20252024
Gross profitDKK 100kDKK 271k
Net profitDKK -260kDKK -63k
EquityDKK -401kDKK -141k
Total assetsDKK 123kDKK 210k
Short-term debtDKK 524k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Addere Revisionstatsautoriseret revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025166
1 Jan 2024 – 31 Dec 202457
1 Jan 2023 – 31 Dec 2023155
1 Jan 2022 – 31 Dec 2022173
1 Jan 2021 – 31 Dec 2021143
1 Jan 2020 – 31 Dec 2020155
1 Jan 2019 – 31 Dec 2019161
1 Jan 2018 – 31 Dec 2018151
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016164
1 Jan 2015 – 31 Dec 2015190 Late
1 Jan 2014 – 31 Dec 2014168
1 Jan 2013 – 31 Dec 2013156
1 Jan 2012 – 31 Dec 2012152
1 Jan 2011 – 31 Dec 2011179
1 Jan 2010 – 31 Dec 2010160
1 Jan 2009 – 31 Dec 2009146
1 Jan 2008 – 31 Dec 2008180
1 Jan 2007 – 31 Dec 2007168
1 Jan 2006 – 31 Dec 2006156

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
CEOJens Erik Glimsager
CEOBeda Marie Norberg Glimsager
BoardClaus GlimsagerCurrent
BoardJesper Lundorff MortensenCurrent
BoardFrederik Wessel GlimsagerCurrent
BoardJens Erik Glimsager
BoardBeda Marie Norberg Glimsager
BoardTina Baltzer
BoardJohnni Peder Pedersen
Owner (100%)GLIMSAGER ApSCurrent
AuditorNytolstrup Service
AuditorIDZIAK 2012 ApS
FounderJens Erik GlimsagerCurrent

The CEOs' other companies

Jens Erik Glimsager – 1 other companies

Beda Marie Norberg Glimsager – 1 other companies

Address history (2 moves)

Vævergangen 22C, 2690 Karlslunde
Broenge 8, 2635 Ishøj
Stigårdsvej 25, 2680 Solrød Strand

Former names

INTERNATIONAL TOOLS AGENCY A/S – now
INTERNATIONAL-TOOLS AGENCY ApS –

Employees per year

Number of employees at INTERNATIONAL TOOLS AGENCY A/S per year122011: 220112012: 220122013: 220132014: 220142015: 220152016: 220162017: 220172018: 22018

Other companies at the same address

Similar companies in Greve

Questions and answers about INTERNATIONAL TOOLS AGENCY A/S

Has INTERNATIONAL TOOLS AGENCY A/S gone bankrupt?

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

What is the bankruptcy risk of INTERNATIONAL TOOLS AGENCY A/S?

Our model estimates a bankruptcy risk of 2.3% over the next 12 months (medium risk), which is 1.6 times the average for Danish companies.

Who is the auditor of INTERNATIONAL TOOLS AGENCY A/S?

INTERNATIONAL TOOLS AGENCY A/S most recently used Addere Revisionstatsautoriseret revisionspartnerselskab.

When was INTERNATIONAL TOOLS AGENCY A/S founded?

INTERNATIONAL TOOLS AGENCY A/S was founded on 25 May 2000.

What is the equity of INTERNATIONAL TOOLS AGENCY A/S?

Equity was DKK -401k according to the annual report for the period ending 31 December 2025.

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