GALAX VÆRKTØJ A/S

CVR 66063216 · Public limited company (A/S) · Active · Low risk

GALAX VÆRKTØJ A/S is a Public limited company (A/S), founded on , based in Them. The company is registered in the industry fremstilling af håndværktøj. Our model estimates a bankruptcy risk of 0.0% 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 Dec 2025) shows equity of DKK 8.1m and a net result of DKK 4.3m. CEO: Karl Erik Christensen.

Bankruptcy risk for GALAX VÆRKTØJ A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Annual reports filed late2 · bankruptcy rate 10.4%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×
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×

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
66063216
Status
Active
Company type
Public limited company (A/S)
Founded
(46 years)
Address
Enebærvej 10
8653 Them
Municipality
Silkeborg
Industry
Fremstilling af håndværktøj (256300)
Bankruptcies in the industry: Maskinforarbejdning
Share capital
DKK 600k
Employees
11 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 31
Missing annual reportNo
Negative equityNo
Equity ratio48.6%
Current ratio174%
Moves (last 2 years)0
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 12.2mDKK 10.9m
Net profitDKK 4.3mDKK 4.4m
EquityDKK 8.1mDKK 7.8m
Total assetsDKK 16.7mDKK 13.7m
CashDKK 3.9m–
Short-term debtDKK 8.5m–
Tax owedDKK 1.2m–
Avg. employees14–

Latest annual report: Reporting class B · auditor's statement: Den uafhængige revisors erklæring om udvidet gennemgang · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202545
1 Jan 2024 – 31 Dec 202432
1 Jan 2023 – 31 Dec 202345
1 Jan 2022 – 31 Dec 202254
1 Jan 2021 – 31 Dec 202173
1 Jan 2020 – 31 Dec 202055
1 Jan 2019 – 31 Dec 201966
1 Jan 2018 – 31 Dec 2018122
1 Jan 2017 – 31 Dec 201733
1 Jan 2016 – 31 Dec 2016116
1 Jan 2015 – 31 Dec 2015154
1 Jan 2014 – 31 Dec 2014142
1 Jan 2013 – 31 Dec 2013147
1 Jan 2012 – 31 Dec 2012155
1 Jan 2011 – 31 Dec 2011156
1 Jan 2010 – 31 Dec 2010172
1 Jan 2009 – 31 Dec 2009154
1 Jan 2008 – 31 Dec 2008159
1 Jan 2007 – 31 Dec 200798
1 Jan 2006 – 31 Dec 2006157

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
CEOKarl Erik ChristensenCurrent
CEOErik Christensen
CEOYvonne Christensen
BoardKarl Erik ChristensenCurrent
BoardLilly Hjortsberg ChristensenCurrent
BoardJosephine Maria ChristensenCurrent
BoardErik Christensen
BoardPer Christian Christensen
BoardYvonne Christensen
Owner (100%)KEC SILKEBORG HOLDING ApSCurrent
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorFinn Arne Sørensen
AuditorPeter Nordlund Borring
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
AuditorSelskabet af 22. februar ApS
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab

The CEOs' other companies

Karl Erik Christensen – 3 other companies

Erik Christensen – 1 other companies

Yvonne Christensen – 3 other companies

Address history (2 moves)

Enebærvej 10, 8653 Them
Enebærvej 10, 8653 Them
Broagervej 4, 8600 Silkeborg

Employees per year

Number of employees at GALAX VÆRKTØJ A/S per year6112011: 720112012: 620122013: 720132014: 820142015: 820152016: 1120162017: 1020172018: 112018

Other companies at the same address

Similar companies in Silkeborg

Questions and answers about GALAX VÆRKTØJ A/S

Has GALAX VÆRKTØJ A/S gone bankrupt?

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

What is the bankruptcy risk of GALAX VÆRKTØJ A/S?

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

Who is the CEO of GALAX VÆRKTØJ A/S?

Karl Erik Christensen is the CEO of GALAX VÆRKTØJ A/S.

Who is the auditor of GALAX VÆRKTØJ A/S?

GALAX VÆRKTØJ A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was GALAX VÆRKTØJ A/S founded?

GALAX VÆRKTØJ A/S was founded on 1 July 1980.

What is the equity of GALAX VÆRKTØJ A/S?

Equity was DKK 8.1m 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.