POLAR TOOLS A/S

CVR 29197997 · Public limited company (A/S) · Active · Low risk

POLAR TOOLS A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry fremstilling af håndværktøj. Our model estimates a bankruptcy risk of 0.2% over the next 12 months, which is 0.2 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 13.2m and a net result of DKK 2.2m. CEO: Mikael Bodholdt Linde.

Bankruptcy risk for POLAR TOOLS A/S

0.2%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 49% of active Danish companies

Lowest riskHighest risk

Increases the risk

Employees (latest year)5–10 · bankruptcy rate 10.1%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×

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
29197997
Status
Active
Company type
Public limited company (A/S)
Founded
(20 years)
Address
Soldalen 9
7100 Vejle
Municipality
Vejle
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
7 (2018)
Auditor
Beierholm Godkendt Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio57.3%
Current ratio228%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 6.5mDKK 5.0m
Net profitDKK 2.2mDKK 1.3m
EquityDKK 13.2mDKK 11.3m
Total assetsDKK 23.0mDKK 22.5m
CashDKK 2,480–
Short-term debtDKK 9.7m–
Tax owedDKK 409k–
Avg. employees5–

Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · Beierholm.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025160
1 Jan 2024 – 31 Dec 202460
1 Jan 2023 – 31 Dec 202384
1 Jan 2022 – 31 Dec 202279
1 Jan 2021 – 31 Dec 202175
1 Jan 2020 – 31 Dec 202075
1 Jan 2019 – 31 Dec 201957
1 Jan 2018 – 31 Dec 201881
1 Jan 2017 – 31 Dec 201793
1 Jan 2016 – 31 Dec 201658
1 Jan 2015 – 31 Dec 201562
1 Jan 2014 – 31 Dec 201468
1 Jan 2013 – 31 Dec 201358
1 Jan 2012 – 31 Dec 2012144
1 Jan 2011 – 31 Dec 201159
1 Jan 2010 – 31 Dec 2010173
1 Jan 2009 – 31 Dec 2009172
1 Jan 2008 – 31 Dec 2008137
1 Jan 2007 – 31 Dec 200771
8 Dec 2005 – 31 Dec 2006112

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
CEOMikael Bodholdt LindeCurrent
BoardMikael Bodholdt LindeCurrent
BoardDorte Bøcker LindeCurrent
BoardSophie Bøcker LindeCurrent
BoardEmil Bøcker LindeCurrent
BoardMads August Bøcker LindeCurrent
BoardErik Mølgaard
BoardDorte Bøcker Linde
BoardJens Linde
BoardGrethe Bodholdt Linde
BoardCarsten Filsø
Owner (100%)LINDE ApSCurrent
Owner (50%)LINDE ApS
Owner (50%)GROSSERER JENS LINDE'S FAMILIEFOND
AuditorBeierholm Godkendt RevisionspartnerselskabCurrent
AuditorEY Godkendt Revisionspartnerselskab
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorEY Godkendt Revisionspartnerselskab
FounderJENS LINDE A/SCurrent

The CEOs' other companies

Mikael Bodholdt Linde – 11 other companies, of which 1 bankrupt

Address history (3 moves)

Soldalen 9, 7100 Vejle
Jens Grøns Vej 1, 7100 Vejle
Bødkervej 2, 7100 Vejle
Bødkervej 2, 7100 Vejle

Former names

POLAR TOOLS A/S – now
POLAR TOOLS ApS –
JL VÆRKTØJ ApS –

Employees per year

Number of employees at POLAR TOOLS A/S per year472012: 520122013: 620132014: 620142015: 620152016: 520162017: 720172018: 72018

Other companies at the same address

Similar companies in Vejle

Questions and answers about POLAR TOOLS A/S

Has POLAR TOOLS A/S gone bankrupt?

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

What is the bankruptcy risk of POLAR TOOLS A/S?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of POLAR TOOLS A/S?

Mikael Bodholdt Linde is the CEO of POLAR TOOLS A/S.

Who is the auditor of POLAR TOOLS A/S?

POLAR TOOLS A/S most recently used Beierholm Godkendt Revisionspartnerselskab.

When was POLAR TOOLS A/S founded?

POLAR TOOLS A/S was founded on 8 December 2005.

What is the equity of POLAR TOOLS A/S?

Equity was DKK 13.2m 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.