MODU Valves A/S

CVR 38306650 · Public limited company (A/S) · Active · Low risk

MODU Valves A/S is a Public limited company (A/S), founded on , based in Vejle. The company is registered in the industry engroshandel med isenkram, varmeanlæg og tilbehør. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 9 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 28.6m and a net result of DKK 2.4m. CEO: Karl Henrik Aarup Svendsen.

Bankruptcy risk for MODU Valves A/S

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 59% of active Danish companies

Lowest riskHighest risk

Increases the risk

No significant risk factors.

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Current ratio200%–500% · bankruptcy rate 3.4%0.39×
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×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×

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
38306650
Status
Active
Company type
Public limited company (A/S)
Founded
(9 years)
Address
Ferrarivej 12
7100 Vejle
Municipality
Vejle
Industry
Engroshandel med isenkram, varmeanlæg og tilbehør (468400)
Bankruptcies in the industry: Engroshandel med andre maskiner og andet udstyr
Share capital
DKK 4.0m
Employees
15 (2018)
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 9
Missing annual reportNo
Negative equityNo
Equity ratio53.5%
Current ratio226%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address11
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 25.9mDKK 71.4mDKK 40.5m
Net profitDKK 2.4mDKK 35.8mDKK 14.8m
EquityDKK 28.6mDKK 46.2mDKK 22.4m
Total assetsDKK 53.5mDKK 68.5mDKK 83.2m
CashDKK 9,850DKK 7.3m–
Short-term debtDKK 23.1mDKK 19.1m–
Tax owedDKK 0DKK 7.3m–
Avg. employees3435–

Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025135
1 Jan 2024 – 31 Dec 202461
1 Jan 2023 – 31 Dec 2023120
1 Jan 2022 – 31 Dec 2022166
1 Jan 2021 – 31 Dec 2021110
1 Jan 2020 – 31 Dec 2020151
1 Jan 2019 – 31 Dec 2019113
1 Jan 2018 – 31 Dec 2018171
5 Jan 2017 – 31 Dec 2017169

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 Henrik Aarup SvendsenCurrent
BoardKarl Henrik Aarup SvendsenCurrent
BoardMagnus Althof Aarup SvendsenCurrent
BoardGustav Althof Aarup SvendsenCurrent
BoardHuang, Shih-Yao
BoardHsu, Ker-Chiang (aka Max Hsu)
Owner (20%)Transworld Steel Enterprise CO., Ltd.Current
Owner (33%)HENRIK AARUP SVENDSEN HOLDING ApSCurrent
Owner (20%)GINVEST ApSCurrent
Owner (20%)MINVEST 2022 ApSCurrent
Owner (50%)HENRIK AARUP SVENDSEN HOLDING ApS
Owner (25%)Gain Win Trading Co., Ltd
Owner (20%)Venerate Trading Limited
Owner (67%)HENRIK AARUP SVENDSEN HOLDING ApS
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderHENRIK AARUP SVENDSEN HOLDING ApSCurrent
FounderGain Win Trading Co., LtdCurrent
FounderVenerate Trading LimitedCurrent

The CEOs' other companies

Karl Henrik Aarup Svendsen – 10 other companies

Address history (0 moves)

Ferrarivej 12, 7100 Vejle

Former names

MODU Valves A/S – now
Mars Valve Europe A/S –

Employees per year

Number of employees at MODU Valves A/S per year8152017: 1220172018: 152018

Other companies at the same address

Similar companies in Vejle

Questions and answers about MODU Valves A/S

Has MODU Valves A/S gone bankrupt?

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

What is the bankruptcy risk of MODU Valves A/S?

Our model estimates a bankruptcy risk of 0.5% over the next 12 months (low risk), which is 0.4 times the average for Danish companies.

Who is the CEO of MODU Valves A/S?

Karl Henrik Aarup Svendsen is the CEO of MODU Valves A/S.

Who is the auditor of MODU Valves A/S?

MODU Valves A/S most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was MODU Valves A/S founded?

MODU Valves A/S was founded on 5 January 2017.

What is the equity of MODU Valves A/S?

Equity was DKK 28.6m 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.