Modus El ApS

CVR 29689466 · Private limited company (ApS) · Active · Medium risk

Modus El ApS is a Private limited company (ApS), founded on , based in Horsens. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 1.4% over the next 12 months, which is 1.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 459k and a net result of DKK 1,026.

Bankruptcy risk for Modus El 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

CEO changes in the last year1 · bankruptcy rate 21.1%2.4×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Municipality changes3+ · bankruptcy rate 10.6%1.2×
Audit opted outYes · 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×
Postcode changes3+ · bankruptcy rate 10.2%1.2×

Reduces the risk

Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Gross profit growth0%–10% · bankruptcy rate 3.5%0.39×
Negative equityNo · bankruptcy rate 5.1%0.58×
Share of late annual reports< 0.01% · bankruptcy rate 5.2%0.59×
Loss for the yearNo · bankruptcy rate 5.3%0.60×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×

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
29689466
Status
Active
Company type
Private limited company (ApS)
Founded
(20 years)
Address
Grønlandsvej 9A
8700 Horsens
Municipality
Horsens
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 125k
Employees
2 (2018)
Auditor
Roesgaard
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 20
Missing annual reportNo
Negative equityNo
Equity ratio28.9%
Current ratio131%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address17
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 3.1mDKK 2.8mDKK 1.7m
Net profitDKK 1,026DKK 309kDKK 223k
EquityDKK 459kDKK 458kDKK 348k
Total assetsDKK 1.6mDKK 1.2mDKK 1.1m
CashDKK 480kDKK 530k–
Short-term debtDKK 1.1mDKK 714k–
Tax owedDKK 0DKK 100k–
Avg. employees54–

Latest annual report: Reporting class B · auditor's statement: Andre erklæringer uden sikkerhed · Roesgaard.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025154
1 Jan 2024 – 31 Dec 202443
1 Jan 2023 – 31 Dec 2023137
1 Jan 2022 – 31 Dec 202251
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020116
1 Jan 2019 – 31 Dec 201963
1 Jan 2018 – 31 Dec 201899
1 Jan 2017 – 31 Dec 2017141
1 Jan 2016 – 31 Dec 2016165
1 Jan 2015 – 31 Dec 2015123
1 Jan 2014 – 31 Dec 2014120
1 Jan 2013 – 31 Dec 2013147
1 Jan 2012 – 31 Dec 201283
1 Jan 2011 – 31 Dec 201183
1 Jan 2010 – 31 Dec 2010156
1 Jan 2009 – 31 Dec 2009111
1 Jan 2008 – 31 Dec 2008155
1 Jan 2007 – 31 Dec 2007121
1 Jul 2006 – 31 Dec 2006103

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
CEOErling Kjær Jensen
CEOMartin Juhl Salling
Owner (100%)Rolf KJ Holding ApSCurrent
Owner (100%)E. KJÆR HOLDING ApS
Owner (100%)Rolf Kjær Jensen
Owner (100%)Rolf KJ Holding ApS
Owner (50%)Rolf KJ Holding ApS
Owner (50%)ASSA Horsens Holding ApS
AuditorK.I.C. Finans ApS
FounderErling Kjær JensenCurrent

The CEOs' other companies

Erling Kjær Jensen – 1 other companies

Martin Juhl Salling – 2 other companies

Address history (4 moves)

Grønlandsvej 9A, 8700 Horsens
Korden 2, 8751 Gedved
Bisholt Strandvej 15, 7130 Juelsminde
Nymøllevej 3, 8751 Gedved
Nymøllevej 3, 8751 Gedved

Former names

Modus El ApS – now
EK-ELTECH ApS –

Employees per year

Number of employees at Modus El ApS per year242011: 420112012: 420122013: 420132014: 420142015: 420152016: 420162017: 120172018: 22018

Other companies at the same address

Similar companies in Horsens

Questions and answers about Modus El ApS

Has Modus El ApS gone bankrupt?

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

What is the bankruptcy risk of Modus El 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 auditor of Modus El ApS?

Modus El ApS most recently used Roesgaard.

When was Modus El ApS founded?

Modus El ApS was founded on 1 July 2006.

What is the equity of Modus El ApS?

Equity was DKK 459k 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.