MODU ApS

CVR 38857924 · Private limited company (ApS) · Active · Low risk

MODU ApS is a Private limited company (ApS), founded on , based in København N. The company is registered in the industry detailhandel med spil og legetøj. Our model estimates a bankruptcy risk of 0.1% over the next 12 months, which is 0.1 times the average for Danish companies. 8 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 5.7m and a net result of DKK 1.8m. CEO: Theo Fischer Ginman, Jonathan Rasmussen.

Bankruptcy risk for MODU ApS

0.1%
probability of bankruptcy within 12 months
Low risk

0.1 × the average (1.41%) · higher risk than 38% of active Danish companies

Lowest riskHighest risk

Increases the risk

Time at current address1 yrs · bankruptcy rate 14.0%1.6×
Moves in the last 2 years1 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Annual reports filed late2 · bankruptcy rate 10.4%1.2×
Employees (latest year)2–5 · bankruptcy rate 10.3%1.2×

Reduces the risk

Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Auditor's statementExtended review · bankruptcy rate 2.9%0.33×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth10%–30% · bankruptcy rate 4.5%0.51×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×
Audit opted outNo · bankruptcy rate 4.8%0.55×
Negative equityNo · bankruptcy rate 5.1%0.58×

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
38857924
Status
Active
Company type
Private limited company (ApS)
Founded
(9 years)
Address
Nørrebrogade 14B, 1.
2200 København N
Municipality
København
Industry
Detailhandel med spil og legetøj (476400)
Bankruptcies in the industry: Tøjforretninger
Share capital
DKK 60k
Employees
2 (2018)
Auditor
inforevision statsautoriseret revisionsaktieselskab
Audit opted out
No

Warning signs

Annual reports filed late2 of 8
Missing annual reportNo
Negative equityNo
Equity ratio22.4%
Current ratio96%
Moves (last 2 years)1
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
Gross profitDKK 8.4mDKK 6.9mDKK 3.3m
Net profitDKK 1.8mDKK 1.8mDKK 163k
EquityDKK 5.7mDKK 3.9mDKK 2.1m
Total assetsDKK 25.6mDKK 19.5mDKK 10.6m
CashDKK 7,030DKK 17k–
Short-term debtDKK 18.7mDKK 14.7m–
Tax owedDKK 89kDKK 189k–
Avg. employees98–

Latest annual report: Reporting class B · auditor's statement: Erklæring om udvidet gennemgang · inforevision statsautoriseret revisionsaktieselskab.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025183
1 Jan 2024 – 31 Dec 2024180
1 Jan 2023 – 31 Dec 2023117
1 Jan 2022 – 31 Dec 2022176
1 Jan 2021 – 31 Dec 2021163
1 Jan 2020 – 31 Dec 2020127
1 Jan 2019 – 31 Dec 2019188 Late
16 Aug 2017 – 31 Dec 2018143

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
CEOTheo Fischer GinmanCurrent
CEOJonathan RasmussenCurrent
BoardSteen Ulf JensenCurrent
BoardTheo Fischer GinmanCurrent
BoardJonathan RasmussenCurrent
BoardJesper Holst SchmidtCurrent
BoardPeter Sandberg
Owner (5%)Peter Sandberg Management ApSCurrent
Owner (33%)Theo Ginman Holding ApSCurrent
Owner (5%)JensenGroup Investment Fund K/SCurrent
Owner (33%)Jonathan Rasmussen Holding ApSCurrent
Owner (50%)Theo Ginman Holding ApS
Owner (50%)Jonathan Rasmussen Holding II IVS
Owner (5%)JENSENGROUP MEDIA HOLDING ApS
Owner (33%)Jonathan Rasmussen Holding II IVS
Auditorinforevision statsautoriseret revisionsaktieselskabCurrent
FounderTheo Ginman Holding ApSCurrent
FounderJonathan Rasmussen Holding II IVSCurrent

The CEOs' other companies

Theo Fischer Ginman – 5 other companies

Jonathan Rasmussen – 5 other companies

Address history (2 moves)

Nørrebrogade 14B, 1., 2200 København N
Vester Voldgade 102, st. tv, 1552 København V
c/o Theo Ginman, Vodroffsvej 23, 2. 3, 1900 Frederiksberg C

Former names

MODU ApS – now
Ginman-Rasmussen Toys ApS –
Ginman-Rasmussen Toys IVS –

Employees per year

Number of employees at MODU ApS per year122018: 22018

Other companies at the same address

Similar companies in København

Questions and answers about MODU ApS

Has MODU ApS gone bankrupt?

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

What is the bankruptcy risk of MODU ApS?

Our model estimates a bankruptcy risk of 0.1% over the next 12 months (low risk), which is 0.1 times the average for Danish companies.

Who is the CEO of MODU ApS?

Theo Fischer Ginman, Jonathan Rasmussen are the CEOs of MODU ApS.

Who is the auditor of MODU ApS?

MODU ApS most recently used inforevision statsautoriseret revisionsaktieselskab.

When was MODU ApS founded?

MODU ApS was founded on 16 August 2017.

What is the equity of MODU ApS?

Equity was DKK 5.7m 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.