RIDGID SCANDINAVIA ApS
CVR 70699028 · Private limited company (ApS) · Active · Low risk
RIDGID SCANDINAVIA ApS is a Private limited company (ApS), founded on , based in Karlslunde. The company is registered in the industry engroshandel med værktøjsmaskiner. 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 (30 Sep 2025) shows equity of DKK 19.5m and a net result of DKK 11.5m.
Bankruptcy risk for RIDGID SCANDINAVIA ApS
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Increases the risk
Reduces the risk
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
- 70699028
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (62 years)
- Address
- Drejergangen 3C, 1.
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
- 8 (2018)
- Auditor
- KPMG P/S
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 30 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 63.6% |
| Current ratio | 272% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 7 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 4 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | DKK 20.7m | DKK 20.8m | DKK 23.4m |
| Net profit | DKK 11.5m | DKK 10.9m | DKK 11.9m |
| Equity | DKK 19.5m | DKK 53.0m | DKK 42.1m |
| Total assets | DKK 30.7m | DKK 63.9m | DKK 54.0m |
| Cash | DKK 0 | DKK 1,000 | – |
| Short-term debt | DKK 11.2m | DKK 11.0m | – |
| Tax owed | DKK 3.4m | DKK 3.2m | – |
| Avg. employees | 10 | 11 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · KPMG P/S Statsautoriseret Revisionsparnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Oct 2024 – 30 Sep 2025 | 177 | ||
| 1 Oct 2023 – 30 Sep 2024 | 169 | ||
| 1 Oct 2022 – 30 Sep 2023 | 143 | ||
| 1 Oct 2021 – 30 Sep 2022 | 143 | ||
| 1 Oct 2020 – 30 Sep 2021 | 145 | ||
| 1 Oct 2019 – 30 Sep 2020 | 148 | ||
| 1 Oct 2018 – 30 Sep 2019 | 126 | ||
| 1 Oct 2017 – 30 Sep 2018 | 128 | ||
| 1 Oct 2016 – 30 Sep 2017 | 123 | ||
| 1 Oct 2015 – 30 Sep 2016 | 117 | ||
| 1 Oct 2014 – 30 Sep 2015 | 112 | ||
| 1 Oct 2013 – 30 Sep 2014 | 153 | ||
| 1 Oct 2012 – 30 Sep 2013 | 137 | ||
| 1 Oct 2011 – 30 Sep 2012 | 144 | ||
| 1 Oct 2010 – 30 Sep 2011 | 150 | ||
| 1 Oct 2009 – 30 Sep 2010 | 130 | ||
| 1 Oct 2008 – 30 Sep 2009 | 118 | ||
| 1 Oct 2007 – 30 Sep 2008 | 134 | ||
| 1 Oct 2006 – 30 Sep 2007 | 142 | ||
| 1 Oct 2005 – 30 Sep 2006 | 131 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Niels Lundov | ||
| CEO | Edward Andrew | ||
| CEO | Claes Richard Jerker Melen | ||
| CEO | Michael Borre Poulsen | ||
| Board | Peter Kim Ketelsen | Current | |
| Board | John William Peter Muckle | Current | |
| Board | Thomas Paul N Houwaer | Current | |
| Board | Ole Nørregaard | ||
| Board | Willy Gerard Edmond Vandormael | ||
| Board | Edward Andrew | ||
| Board | Claes Richard Jerker Melen | ||
| Board | Michael Borre Poulsen | ||
| Board | Marc Vandevelde | ||
| Board | Michael Egede Budtz | ||
| Board | Philip Enevoldsen | ||
| Owner (100%) | Ridgid U.K. Limited | Current | |
| Owner (100%) | Ridge Tool Europe N.V. | ||
| Auditor | KPMG P/S | Current | |
| Auditor | CJ Partnership I/S | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Auditor | KPMG P/S |
Address history (2 moves)
| Drejergangen 3C, 1., 2690 Karlslunde | |
| Drejergangen 3C, 1., 2690 Karlslunde | |
| Drejergangen 3C, 1. TH, 2690 Karlslunde |
Former names
| RIDGID SCANDINAVIA ApS | – now |
| RIDGID SCANDINAVIA A/S | – |
| RIDGID VÆRKTØJ A/S | – |
Employees per year
Other companies at the same address
- HUSSYN.PRO ApS Fusioneret
- LAMILUX Nordic A/S Active
- MIE4 7 Datter ApS Active
- SVENDSEN SPORT A/S Active
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- JÜRGEN HØRNING A/S Greve
- PG FLOWTEKNIK SCANDINAVIA ApS Karlslunde
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Questions and answers about RIDGID SCANDINAVIA ApS
Has RIDGID SCANDINAVIA ApS gone bankrupt?
No, RIDGID SCANDINAVIA ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of RIDGID SCANDINAVIA ApS?
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 auditor of RIDGID SCANDINAVIA ApS?
RIDGID SCANDINAVIA ApS most recently used KPMG P/S.
When was RIDGID SCANDINAVIA ApS founded?
RIDGID SCANDINAVIA ApS was founded on 3 January 1964.
What is the equity of RIDGID SCANDINAVIA ApS?
Equity was DKK 19.5m according to the annual report for the period ending 30 September 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.