POLAR TOOLS A/S: Financial statements 2020
CVR: 29197997
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
POLAR TOOLS A/S (CVR 29197997) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 5,904,898 and a net result of DKK 2,156,131 compared with DKK 879,889 the year before. That is an increase of 29.6% compared with the year before. Equity in the 2020 report amounted to DKK 6,924,429. The solvency ratio was 46.4%. The company had 7 employees in the financial year.
- Gross Profit
- DKK 5,904,898
- Profit/Loss
- DKK 2,156,131
- Equity
- DKK 6,924,429
- Total Assets
- DKK 14,912,438
- Employees
- 7
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 5.9 mio. | 2.2 mio. | 6.9 mio. | 7 |
| 2019 | - | 4.6 mio. | 880 t. | 500 t. | 6 |
| 2018 | - | 4.4 mio. | 815 t. | 4.7 mio. | 6 |
| 2017 | - | 4 mio. | 1.3 mio. | 4.5 mio. | 5 |
| 2016 | - | 4.1 mio. | 1.2 mio. | 3.2 mio. | 5 |
Official annual report
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POLAR TOOLS A/S has published its annual report for 2019. Gross profit came to DKK 4,555,379, and the net result was DKK 879,889.
About POLAR TOOLS A/S
POLAR TOOLS A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 2005. The company is registered under the industry Fremstilling af håndværktøj. The company was previously named POLAR TOOLS ApS and JL VÆRKTØJ ApS. The management consists of Mikael Bodholdt Linde. The board consists of Dorte Bøcker Linde (chair), Emil Bøcker Linde, Mads August Bøcker Linde and Mikael Bodholdt Linde. The company is owned by LINDE ApS. The company has 5 employees (2026). In 2025, the company reported a gross profit of DKK 6,491,302 and a net result of DKK 2,246,348 compared with DKK 1,294,523 the year before. Equity in the 2025 report amounted to DKK 13,188,765.