SVEND'S VÆRKTØJ ApS

CVR 29620571 · Private limited company (ApS) · Active · Low risk

SVEND'S VÆRKTØJ ApS is a Private limited company (ApS), founded on , based in Billund. 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 0.1 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 12.0m and a net result of DKK 3.6m. CEO: Martin Dybvad Knudsen.

Bankruptcy risk for SVEND'S VÆRKTØJ ApS

0.2%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 44% of active Danish companies

Lowest riskHighest risk

Increases the risk

Dissolution warning from the Business AuthorityYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×

Reduces the risk

Reinstated after compulsory dissolutionYes · bankruptcy rate 0.0%0.00×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
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×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
29620571
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Kløvermarken 112
7190 Billund
Municipality
Billund
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 125k
Employees
13 (2018)
Auditor
MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late2 of 20
Missing annual reportNo
Negative equityNo
Equity ratio51.4%
Current ratio255%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address3
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 14.5mDKK 8.8m
Net profitDKK 3.6mDKK -698k
EquityDKK 12.0mDKK 9.4m
Total assetsDKK 23.4mDKK 17.7m
Short-term debtDKK 5.6m–
Avg. employees15–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · Martinsen, Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024136
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022184 Late
1 Jan 2021 – 31 Dec 2021179
1 Jan 2020 – 31 Dec 2020147
1 Jan 2019 – 31 Dec 2019183
1 Jan 2018 – 31 Dec 2018134
1 Jan 2017 – 31 Dec 2017149
1 Jan 2016 – 31 Dec 2016151
1 Jan 2015 – 31 Dec 2015141
1 Jan 2014 – 31 Dec 2014138
1 Jan 2013 – 31 Dec 2013146
1 Jan 2012 – 31 Dec 201298
1 Jan 2011 – 31 Dec 2011161
1 Jan 2010 – 31 Dec 2010131
1 Jan 2009 – 31 Dec 2009150
1 Jan 2008 – 31 Dec 2008153
1 Jan 2007 – 31 Dec 2007196 Late
1 Jan 2006 – 31 Dec 2006155

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
CEOMartin Dybvad KnudsenCurrent
CEOSvend Erik Mortensen
CEOBritta Fyhn Mortensen
Owner (100%)Martin Knudsen Holding ApSCurrent
Owner (100%)SVENDS HOLDING ApS
Owner (50%)SVENDS HOLDING ApS
Owner (33%)Martin Knudsen Holding ApS
AuditorMARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorTFDG A/S
AuditorRevenu Registreret Revisionsanpartsselskab
FounderSvend Erik MortensenCurrent

The CEOs' other companies

Martin Dybvad Knudsen – 1 other companies

Svend Erik Mortensen – 3 other companies

Britta Fyhn Mortensen – 3 other companies

Address history (2 moves)

Kløvermarken 112, 7190 Billund
Kløvermarken 112, 7190 Billund
Kløvermarken 112, 7190 Billund

Employees per year

Number of employees at SVEND'S VÆRKTØJ ApS per year7132011: 620112012: 620122013: 920132014: 820142015: 920152016: 920162017: 1120172018: 132018

Other companies at the same address

Similar companies in Billund

Questions and answers about SVEND'S VÆRKTØJ ApS

Has SVEND'S VÆRKTØJ ApS gone bankrupt?

No, SVEND'S VÆRKTØJ ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of SVEND'S VÆRKTØJ ApS?

Our model estimates a bankruptcy risk of 0.2% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of SVEND'S VÆRKTØJ ApS?

Martin Dybvad Knudsen is the CEO of SVEND'S VÆRKTØJ ApS.

Who is the auditor of SVEND'S VÆRKTØJ ApS?

SVEND'S VÆRKTØJ ApS most recently used MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was SVEND'S VÆRKTØJ ApS founded?

SVEND'S VÆRKTØJ ApS was founded on 15 June 2006.

What is the equity of SVEND'S VÆRKTØJ ApS?

Equity was DKK 12.0m 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.