MODULETT A/S

CVR 36075937 · Public limited company (A/S) · Active · Very high risk

MODULETT A/S is a Public limited company (A/S), founded on , based in Søborg. The company is registered in the industry engroshandel med træ og byggematerialer samt sanitetsartikler. Our model estimates a bankruptcy risk of 10.9% over the next 12 months, which is 7.7 times the average for Danish companies. 12 annual reports have been published, of which 1 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK -134k and a net result of DKK -454k. CEO: Kurt Lykke Hoe.

Bankruptcy risk for MODULETT A/S

10.9%
probability of bankruptcy within 12 months
Very high risk

7.7 × the average (1.41%) · higher risk than 97% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO changes in the last year2+ · bankruptcy rate 18.5%2.1×
Negative equityYes · bankruptcy rate 17.5%2.0×
Equity vs. share capital< 0× · bankruptcy rate 17.3%2.0×
Return on assets< -20% · bankruptcy rate 16.7%1.9×
Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Equity ratio-50%–0% · bankruptcy rate 14.8%1.7×
Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Company typeA/S · bankruptcy rate 4.4%0.50×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Number of auditors (historical)2 · bankruptcy rate 4.6%0.52×
Auditor's statementCompilation · bankruptcy rate 5.6%0.64×
Reporting classReporting class B · bankruptcy rate 5.7%0.65×
Has a boardYes · bankruptcy rate 6.0%0.68×

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
36075937
Status
Active
Company type
Public limited company (A/S)
Founded
(12 years)
Address
Transformervej 25
2860 Søborg
Municipality
Gladsaxe
Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 500k
Employees
5 (2018)
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
Yes

Warning signs

Annual reports filed late1 of 12
Missing annual reportNo
Negative equityYes
Equity ratio-32.7%
Current ratio20%
Moves (last 2 years)1
CEO changes in total4
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
Gross profitDKK -48kDKK 905kDKK -993k
Net profitDKK -454kDKK 34kDKK -1.7m
EquityDKK -134kDKK 1.3mDKK 1.3m
Total assetsDKK 410kDKK 3.0mDKK 2.7m
CashDKK 18kDKK 82k–
Short-term debtDKK 544kDKK 1.7m–
Avg. employees11–

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

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025173
1 Jan 2024 – 31 Dec 2024181
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022160
1 Jan 2021 – 31 Dec 202151
1 Jan 2020 – 31 Dec 202088
1 Jan 2019 – 31 Dec 2019237 Late
1 Jan 2018 – 31 Dec 2018140
1 Jan 2017 – 31 Dec 2017151
1 Jan 2016 – 31 Dec 2016152
1 Jan 2015 – 31 Dec 2015161
26 Aug 2014 – 31 Dec 2014151

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
CEOKurt Lykke HoeCurrent
CEONiels Oxenbøl Jensen
CEOPeter Søndberg Rasmussen
BoardPeter Søndberg RasmussenCurrent
BoardJan Nikolaas de HaasCurrent
BoardKurt Lykke HoeCurrent
BoardMorten Hove
BoardAnna Therese Jensen
BoardLinda Marie Jensen
BoardNiels Oxenbøl Jensen
BoardLars Bastholm
BoardAnna Therese Jensen
BoardSvend Ove Nielsen
Owner (100%)KARFA A/SCurrent
Owner (100%)OXENBØLL HOLDING ApS
Owner (90%)OXENBØLL HOLDING ApS
Owner (10%)CARMODAS ApS
Owner (50%)OXENBØLL HOLDING ApS
Owner (25%)Miris Holding ApS
Owner (25%)Liveli Holding ApS
Owner (33%)OXENBØLL HOLDING ApS
Owner (15%)Julle Invest ApS
Owner (67%)OXENBØLL HOLDING ApS
AuditorTIMEVISION FREDERIKSBERG GODKENDT REVISIONSAKTIESELSKAB
AuditorEMIT P/S
FounderOXENBØLL HOLDING ApSCurrent

The CEOs' other companies

Kurt Lykke Hoe – 3 other companies

Niels Oxenbøl Jensen – 5 other companies, of which 1 bankrupt

Peter Søndberg Rasmussen – 4 other companies

Address history (2 moves)

Transformervej 25, 2860 Søborg
Kirstinehøj 14, 1., 2770 Kastrup
Markvænget 30, 2791 Dragør

Former names

MODULETT A/S – now
MODULETT ApS –
GLASSALG ApS –

Employees per year

Number of employees at MODULETT A/S per year352015: 320152016: 320162017: 320172018: 52018

Other companies at the same address

Similar companies in Gladsaxe

Questions and answers about MODULETT A/S

Has MODULETT A/S gone bankrupt?

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

What is the bankruptcy risk of MODULETT A/S?

Our model estimates a bankruptcy risk of 10.9% over the next 12 months (very high risk), which is 7.7 times the average for Danish companies.

Who is the CEO of MODULETT A/S?

Kurt Lykke Hoe is the CEO of MODULETT A/S.

Who is the auditor of MODULETT A/S?

MODULETT A/S most recently used inforevision statsautoriseret revisionsaktieselskab.

When was MODULETT A/S founded?

MODULETT A/S was founded on 26 August 2014.

What is the equity of MODULETT A/S?

Equity was DKK -134k 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.