Modulex Group ApS

CVR 42316970 · Private limited company (ApS) · Active · Low risk

Modulex Group ApS is a Private limited company (ApS), founded on , based in Billund. The company is registered in the industry ikke-finansielle holdingselskaber. Our model estimates a bankruptcy risk of 0.3% over the next 12 months, which is 0.2 times the average for Danish companies. 5 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 49.6m and a net result of DKK 18.3m. CEO: Ketil Mølbach Staalesen.

Bankruptcy risk for Modulex Group ApS

0.3%
probability of bankruptcy within 12 months
Low risk

0.2 × the average (1.41%) · higher risk than 56% of active Danish companies

Lowest riskHighest risk

Increases the risk

CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Current ratio500%+ · bankruptcy rate 1.5%0.17×
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×
Equity ratio60%+ · bankruptcy rate 3.3%0.38×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
Time since new CEO5+ yrs · bankruptcy rate 3.8%0.43×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

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
42316970
Status
Active
Company type
Private limited company (ApS)
Founded
(5 years)
Address
Kløvervej 95
7190 Billund
Municipality
Billund
Industry
Ikke-finansielle holdingselskaber (642120)
Bankruptcies in the industry: Ikke-finansielle holdingselskaber
Share capital
DKK 799k
Auditor
BDO Statsautoriseret Revisionspartnerselskab
Audit opted out
No

Warning signs

Annual reports filed late0 of 5
Missing annual reportNo
Negative equityNo
Equity ratio76.0%
Current ratio2,013%
Moves (last 2 years)0
CEO changes in total0
CEO's previous bankruptcies0
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year202520242023
RevenueDKK 0DKK 0DKK 0
Gross profitDKK 0DKK 0DKK 0
Net profitDKK 18.3mDKK 14.6mDKK 23.1m
EquityDKK 49.6mDKK 30.4mDKK 15.4m
Total assetsDKK 65.3mDKK 52.5mDKK 66.9m
CashDKK 36kDKK 0–
Short-term debtDKK 674kDKK 1.1m–
Tax owedDKK 0DKK 0–
Avg. employees00–

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 2025126
1 Jan 2024 – 31 Dec 2024178
1 Jan 2023 – 31 Dec 2023178
1 Jan 2022 – 31 Dec 2022143
19 Apr 2021 – 31 Dec 2021180

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
CEOKetil Mølbach StaalesenCurrent
BoardKetil Mølbach StaalesenCurrent
BoardGustaf André ZandelinCurrent
BoardJohn Michael ElvingtonCurrent
BoardPer Johan Alex RylanderCurrent
BoardMikkel ArreborgCurrent
BoardAbdulwahab A. A. AlMarzouqCurrent
BoardSøren Sonne
BoardJens Alfred Iversen
BoardJens Guldbrand Hansen
BoardKetil Mølbach Staalesen
BoardPhilippa Clare Brown
Owner (67%)KMS Invest LTDCurrent
Owner (5%)JAE MODULEX LLCCurrent
Owner (5%)Zanlight Holding ABCurrent
Owner (5%)Eryndel Ltd.Current
Owner (100%)Thorsen Equity ApS
Owner (33%)Thorsen Equity ApS
Owner (50%)KMS Invest LTD
Owner (20%)Thorsen Equity ApS
Owner (15%)Modulex Group ApS
Owner (33%)Modulex Group ApS
Owner (5%)Thorsen Equity ApS
Owner (67%)KMS Invest LTD
Owner (5%)KIRK & THORSEN A/S
Owner (90%)KMS Invest LTD
AuditorBDO Statsautoriseret RevisionspartnerselskabCurrent
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderThorsen Equity ApSCurrent

Address history (1 moves)

Kløvervej 95, 7190 Billund
Kløvervej 95, 7190 Billund

Former names

Modulex Group ApS – now
Modulex Holding ApS –

Other companies at the same address

Similar companies in Billund

Questions and answers about Modulex Group ApS

Has Modulex Group ApS gone bankrupt?

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

What is the bankruptcy risk of Modulex Group ApS?

Our model estimates a bankruptcy risk of 0.3% over the next 12 months (low risk), which is 0.2 times the average for Danish companies.

Who is the CEO of Modulex Group ApS?

Ketil Mølbach Staalesen is the CEO of Modulex Group ApS.

Who is the auditor of Modulex Group ApS?

Modulex Group ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.

When was Modulex Group ApS founded?

Modulex Group ApS was founded on 19 April 2021.

What is the equity of Modulex Group ApS?

Equity was DKK 49.6m 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.