MOD-EL ApS

CVR 40653953 · Private limited company (ApS) · Active · Low risk

MOD-EL ApS is a Private limited company (ApS), founded on , based in Hvalsø. The company is registered in the industry el-installation. Our model estimates a bankruptcy risk of 0.5% over the next 12 months, which is 0.4 times the average for Danish companies. 6 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 178k and a net result of DKK 17k. CEO: Kennet Hoffmann.

Bankruptcy risk for MOD-EL ApS

0.5%
probability of bankruptcy within 12 months
Low risk

0.4 × the average (1.41%) · higher risk than 60% of active Danish companies

Lowest riskHighest risk

Increases the risk

Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Number of auditors (historical)0 · bankruptcy rate 12.5%1.4×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×

Reduces the risk

Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Gross profit growth-10%–0% · bankruptcy rate 4.3%0.49×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
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×
Current ratio150%–200% · bankruptcy rate 5.4%0.61×
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
40653953
Status
Active
Company type
Private limited company (ApS)
Founded
(7 years)
Address
c/o Kennet Hoffmann, Nellikevej 21C
4330 Hvalsø
Municipality
Lejre
Industry
El-installation (432100)
Bankruptcies in the industry: Tømrer- og bygningssnedkervirksomhed
Share capital
DKK 40k
Audit opted out
Yes

Warning signs

Annual reports filed late0 of 6
Missing annual reportNo
Negative equityNo
Equity ratio42.3%
Current ratio173%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address9
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 197kDKK 205k
Net profitDKK 17kDKK 9,986
EquityDKK 178kDKK 167k
Total assetsDKK 421kDKK 316k
CashDKK 2,181–
Short-term debtDKK 243k–
Avg. employees1–

Latest annual report: Reporting class B · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 202514
1 Jan 2024 – 31 Dec 202417
1 Jan 2023 – 31 Dec 202311
1 Jan 2022 – 31 Dec 20229
1 Jan 2021 – 31 Dec 20213
8 Jul 2019 – 31 Dec 20208

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
CEOKennet HoffmannCurrent
Owner (33%)Mickie Dam OlesenCurrent
Owner (50%)Kenco Holding ApSCurrent
Owner (50%)Mickie Dam Olesen
Owner (50%)Kenco Holding ApS
FounderKenco Holding ApSCurrent

The CEOs' other companies

Kennet Hoffmann – 7 other companies

Address history (1 moves)

c/o Kennet Hoffmann, Nellikevej 21C, 4330 Hvalsø
c/o Kennet Hoffmann, Låsbyvej 18B, 2610 Rødovre

Other companies at the same address

Similar companies in Lejre

Questions and answers about MOD-EL ApS

Has MOD-EL ApS gone bankrupt?

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

What is the bankruptcy risk of MOD-EL ApS?

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 MOD-EL ApS?

Kennet Hoffmann is the CEO of MOD-EL ApS.

When was MOD-EL ApS founded?

MOD-EL ApS was founded on 8 July 2019.

What is the equity of MOD-EL ApS?

Equity was DKK 178k 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.