TOOLTRADE.DK ApS

CVR 35413324 · Private limited company (ApS) · Active · Medium risk

TOOLTRADE.DK ApS is a Private limited company (ApS), founded on , based in Odense SV. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 12 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 -1.6m and a net result of DKK 231k. CEO: Aage Ærendal Mikkelsen, Søren Ærendal Mikkelsen.

Bankruptcy risk for TOOLTRADE.DK ApS

1.4%
probability of bankruptcy within 12 months
Medium risk

1.0 × the average (1.41%) · higher risk than 77% 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×
Website registeredYes · bankruptcy rate 12.0%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

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×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Return on assets15%+ · bankruptcy rate 5.1%0.58×
Loss for the yearNo · bankruptcy rate 5.3%0.60×

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
35413324
Status
Active
Company type
Private limited company (ApS)
Founded
(13 years)
Address
Hvidkærvej 23A, st.
5250 Odense SV
Municipality
Odense
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 100k
Employees
2 (2018)
Auditor
Revisorgården i Odense ApS
Audit opted out
Yes

Warning signs

Annual reports filed late2 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-154.7%
Current ratio247%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address52
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 644kDKK 754k
Net profitDKK 231kDKK 15k
EquityDKK -1.6mDKK -1.8m
Total assetsDKK 1.0mDKK 1.0m
Short-term debtDKK 373k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Revisorgården i Odense ApS.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025174
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023179
1 Jan 2022 – 31 Dec 2022186 Late
1 Jan 2021 – 31 Dec 2021175
1 Jan 2020 – 31 Dec 2020182
1 Jan 2019 – 31 Dec 2019239 Late
1 Jan 2018 – 31 Dec 2018165
1 Jan 2017 – 31 Dec 2017162
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015154
15 Aug 2013 – 31 Dec 2014176 Restated

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
CEOAage Ærendal MikkelsenCurrent
CEOSøren Ærendal MikkelsenCurrent
Owner (100%)Aage Ærendal MikkelsenCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
FounderAage Ærendal MikkelsenCurrent
FounderKirsten MikkelsenCurrent

The CEOs' other companies

Aage Ærendal Mikkelsen – 8 other companies

Søren Ærendal Mikkelsen – 5 other companies

Address history (2 moves)

Hvidkærvej 23A, st., 5250 Odense SV
Hvidkærvej 23A, st., 5250 Odense SV
Thujavej 13, 5250 Odense SV

Employees per year

Number of employees at TOOLTRADE.DK ApS per year232013: 220132014: 320142015: 220152016: 220162017: 320172018: 22018

Other companies at the same address

Similar companies in Odense

Questions and answers about TOOLTRADE.DK ApS

Has TOOLTRADE.DK ApS gone bankrupt?

No, TOOLTRADE.DK ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of TOOLTRADE.DK ApS?

Our model estimates a bankruptcy risk of 1.4% over the next 12 months (medium risk), which is 1.0 times the average for Danish companies.

Who is the CEO of TOOLTRADE.DK ApS?

Aage Ærendal Mikkelsen, Søren Ærendal Mikkelsen are the CEOs of TOOLTRADE.DK ApS.

Who is the auditor of TOOLTRADE.DK ApS?

TOOLTRADE.DK ApS most recently used Revisorgården i Odense ApS.

When was TOOLTRADE.DK ApS founded?

TOOLTRADE.DK ApS was founded on 15 August 2013.

What is the equity of TOOLTRADE.DK ApS?

Equity was DKK -1.6m 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.