Modulex ApS
CVR 66772616 · Private limited company (ApS) · Active · Low risk
Modulex ApS is a Private limited company (ApS), founded on , based in Billund. The company is registered in the industry fremstilling af andre færdige metalprodukter i.a.n.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published. The latest annual report (31 Dec 2025) shows equity of DKK 50.6m and a net result of DKK 6.6m.
Bankruptcy risk for Modulex ApS
0.0%
probability of bankruptcy within 12 months
Low risk
0.0 × the average (1.41%) · higher risk than 0% of active Danish companies
Lowest riskHighest risk
Increases the risk
Number of CEOs0 · bankruptcy rate 12.7%1.4×
Website registeredYes · bankruptcy rate 12.0%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Reduces the risk
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Reporting classReporting class C, mellemstor virksomhed · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
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
- 66772616
- Status
- Active
- Company type
- Private limited company (ApS)
- Founded
- (63 years)
- Address
- Kløvervej 95
7190 Billund - Municipality
- Billund
- Industry
- Fremstilling af andre færdige metalprodukter i.a.n. (259900)
Bankruptcies in the industry: Maskinforarbejdning - Share capital
- DKK 11.0m
- Employees
- 66 (2018)
- Auditor
- BDO Statsautoriseret Revisionspartnerselskab
- Audit opted out
- No
Warning signs
| Annual reports filed late | 0 of 31 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 58.9% |
| Current ratio | 61% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 7 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 2 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | DKK 47.4m | DKK 70.9m | DKK 74.8m |
| Gross profit | DKK 5.3m | DKK 19.0m | DKK 19.2m |
| Net profit | DKK 6.6m | DKK 18.2m | DKK 26.1m |
| Equity | DKK 50.6m | DKK 39.8m | DKK 52.3m |
| Total assets | DKK 85.9m | DKK 56.2m | DKK 77.0m |
| Cash | DKK 527k | DKK 343k | – |
| Short-term debt | DKK 33.6m | DKK 13.2m | – |
| Tax owed | DKK 0 | DKK 0 | – |
| Avg. employees | 50 | 48 | – |
Latest annual report: Reporting class C, mellemstor virksomhed · auditor's statement: Den uafhængige revisors erklæring · BDO Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 125 | ||
| 1 Jan 2024 – 31 Dec 2024 | 178 | ||
| 1 Jan 2023 – 31 Dec 2023 | 170 | ||
| 1 Jan 2022 – 31 Dec 2022 | 143 | ||
| 1 Jan 2021 – 31 Dec 2021 | 132 | ||
| 1 Jan 2020 – 31 Dec 2020 | 124 | ||
| 1 Jan 2019 – 31 Dec 2019 | 134 | ||
| 1 Jan 2018 – 31 Dec 2018 | 115 | ||
| 1 Jan 2017 – 31 Dec 2017 | 148 | ||
| 1 Jan 2016 – 31 Dec 2016 | 137 | ||
| 1 Jan 2015 – 31 Dec 2015 | 146 | ||
| 1 Jan 2014 – 31 Dec 2014 | 152 | ||
| 1 Jan 2013 – 31 Dec 2013 | 162 | ||
| 1 Jan 2012 – 31 Dec 2012 | 125 | ||
| 1 Jan 2011 – 31 Dec 2011 | 116 | ||
| 1 Jan 2010 – 31 Dec 2010 | 96 | ||
| 1 Jan 2009 – 31 Dec 2009 | 122 | ||
| 1 Jan 2008 – 31 Dec 2008 | 95 | ||
| 1 Jan 2007 – 31 Dec 2007 | 53 | ||
| 1 Jan 2006 – 31 Dec 2006 | 150 |
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
| Role | Name | From | To |
|---|---|---|---|
| CEO | Finn Dahlgaard | ||
| CEO | Finn Drachmann | ||
| CEO | Niels Erik Lundvig | ||
| CEO | Finn Andersen | ||
| CEO | Eric Michael Kirwan | ||
| Board | Hans Jakob Henningsen | ||
| Board | Christian Foldberg Rovsing | ||
| Board | Kjeld Kirk Kristiansen | ||
| Board | Kari Tang | ||
| Board | Arne Pagh | ||
| Board | Finn Dahlgaard | ||
| Board | Eva Rafn | ||
| Board | Eva Rafn | ||
| Board | Peter Olsen | ||
| Board | Kim Pedersen | ||
| Board | Klaus Hougaard | ||
| Board | Klaus Hougaard | ||
| Board | Hans Christian Strandhave | ||
| Board | Godtfred Kirk Christiansen | ||
| Board | Malling Alminde Nielsen | ||
| Board | Malling Alminde Nielsen | ||
| Board | Stig Christensen | ||
| Board | Erik Knudsen Starup | ||
| Board | Hans-Henrik Petersen | ||
| Board | Vagn Holck-Andersen | ||
| Board | Bent Pedersen | ||
| Board | Carsten Jørgensen | ||
| Board | Flemming Schandorff Knudsen | ||
| Board | Keld Sengeløv | ||
| Board | Hans Christian Strandhave | ||
| Board | Inge Storm Spicker | ||
| Board | Anders Brix | ||
| Board | Lisbeth Fegge | ||
| Board | Claus Søberg Larsen | ||
| Board | Kim Graven Nielsen | ||
| Board | Jens Jesper Ovesen | ||
| Board | Bjarne Engbjerg-Pedersen | ||
| Board | Christian Iversen | ||
| Board | Hans-Christian Ohrt | ||
| Board | Søren Schøllhammer | ||
| Board | Peter Thorsen | ||
| Board | Søren Lindgaard | ||
| Board | Casper Kirk Johansen | ||
| Board | Jens Kristian Jensen Nørbygård | ||
| Board | Lars Hynding Paulsen | ||
| Board | Inge Storm Spicker | ||
| Board | Jenni Nisted Møller Christensen | ||
| Board | Henrik Kraft Scharling | ||
| Board | Jenni Nisted Møller Christensen | ||
| Board | Per Feldthaus | ||
| Board | Steen Agerbo Bødtker | ||
| Board | Jens Alfred Iversen | ||
| Board | Claus Schneider Vitting | ||
| Board | Jens Alfred Iversen | ||
| Board | Jens Guldbrand Hansen | ||
| Board | Eric Michael Kirwan | ||
| Board | Peter Nikolajsen | ||
| Board | Ketil Mølbach Staalesen | ||
| Board | Søren Sonne | ||
| Board | Jens Alfred Iversen | ||
| Board | Philippa Clare Brown | ||
| Board | Jesper Andersen | ||
| Board | Steffen Balle Jensen | ||
| Owner (100%) | Modulex Group ApS | Current | |
| Owner (67%) | Peter Thorsen | ||
| Owner (67%) | Thorsen Equity ApS | ||
| Owner (5%) | GULDBRAND HOLDING, BILLUND ApS | ||
| Owner (5%) | SELMONT A/S | ||
| Owner (5%) | VON SCHNEIDER INVEST ApS | ||
| Owner (50%) | Thorsen Equity ApS | ||
| Owner (25%) | KMS Invest LLC | ||
| Owner (33%) | KMS Invest LTD | ||
| Auditor | BDO Statsautoriseret Revisionspartnerselskab | Current | |
| Auditor | ERNST & YOUNG DENMARK P/S | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | ||
| Auditor | BDO Holding VII, statsautoriseret revisionsaktieselskab |
The CEOs' other companies
Finn Dahlgaard – 16 other companies, of which 4 bankrupt
- KANITECH INTERNATIONAL A/S Bankrupt 18 Dec 2003
- KT AF 1997 A/S Bankrupt 15 Jun 2004
- TOOL-TRIBE A/S Bankrupt 21 Sep 2001
- TOOL-TRIBE INTERNATIONAL A/S Bankrupt 5 Dec 2002
- ADC DANMARK ApS Compulsorily dissolved
- Capture One A/S Active
- DICON A/S Opløst
- KIRKBI EJENDOMSINVESTERINGSSELSKABA/S Opløst
- LMX A/S Fusioneret
- LMX BUSINESS DEVELOPMENT A/S Fusioneret
- MODULEX DANMARK A/S Fusioneret
- MOGRAFO A/S Opløst
- OFARGOM A/S Opløst
- PP A/S Opløst
- PSC A/S Active
- UDVIKLINGSSELSKABET ARGO A/S Opløst
Finn Drachmann – 20 other companies, of which 5 bankrupt
- CENTRA FINANS AF 20.01.1993 A/S 2 Bankrupt 11 Mar 1994
- DANSK KLIMABLOCK A/S Bankrupt 3 Jun 2004
- Datoselskabet af 29.08.2025 A/S Bankrupt 29 Aug 2025
- PROFIL KØKKENET A/S Bankrupt 21 Sep 2005
- VFI GROUP A/S Bankrupt 13 Oct 2010
- 2PFH A/S Opløst
- BILLUND TRAV A/S Opløst
- EJENDOMSSELSKABET AF 30. APRIL 2003 ApS Active
- HOLDINGSELSKABET AF 30. DECEMBER 2003 A/S Fusioneret
- MODULEX DANMARK A/S Fusioneret
- NHV A/S Active
- OPPORTUNITY A/S Opløst
- RESPONCE A/S Fusioneret
- SA VIEWCOM A/S Fusioneret
- SCANVIEW A/S Active
- TOGINFO A/S Opløst
- Tielman Denmark ApS Opløst
- VISION 2000 A/S Fusioneret
- VISION 2000 A/S Compulsorily dissolved
- VISIONVEST A/S Opløst
Niels Erik Lundvig – 8 other companies
- DISSING A/S Active
- EUROPEAN INTER-TRADE A/S Compulsorily dissolved
- G2 A/S Fusioneret
- GULDMANN HOLDING A/S Fusioneret
- GULDMANN HOLDING AF 31. MARTS 2004 A/S Active
- NEL INVEST ApS Active
- Q-SYSTEM A/S Active
- VTI A/S Active
Finn Andersen – 32 other companies, of which 5 bankrupt
- ARKHOUSE A/S Bankrupt 20 Jul 2016
- DANOSE ENGINEERING ApS Bankrupt 2 Sep 2022
- NORDISK TEKSTIL - VÆVERI OG TRYKKERI A/S Bankrupt 27 May 1991
- QUBA SKAGEN ApS Bankrupt 14 Jan 2016
- VENETIA ApS Bankrupt 20 Mar 2009
- ADMINISTRATIONSSERVICE FYN A/S Active
- ASTARRI A/S Active
- BANG & OLUFSEN AUDIO VISUAL A/S Fusioneret
- BANG & OLUFSEN TELECOM A/S Fusioneret
- BANG OG OLUFSEN FINANCE A/S Fusioneret
- DYMAK A/S Active
- ECCO SKO A/S Active
- ENERGI FYN BREDBÅND A/S Active
- ENERGI FYN ENERGIBESPARELSER A/S Fusioneret
- ENERGI FYN ERHVERV A/S Active
- ENERGI FYN HANDEL A/S Active
- ENERGI FYN PRODUKTION A/S Active
- ENGROS GAS A/S Fusioneret
- Energi Fyn Energihandel A/S Active
- FAN. CONSULTING ApS Opløst
- FRANDSEN LIGHTING HOLDING A/S Fusioneret
- GISLEV REJSER A/S Fusioneret
- ILVA A/S Fusioneret
- ILVA KONTO A/S Fusioneret
- KNOWLEDGE ApS Compulsorily dissolved
- LOUNGE A/S Opløst
- MBT NORDIC A/S Active
- MIDTFYNS ELFORSYNING FORSYNINGSPLIGT A/S Fusioneret
- MJC HOLDING A/S Fusioneret
- MODULEX DANMARK A/S Fusioneret
Address history (4 moves)
| Kløvervej 95, 7190 Billund | |
| Kløvervej 95, 7190 Billund | |
| Kløvermarken 35, 7190 Billund | |
| Kløvervej 101, 7190 Billund | |
| Kløvervej 101, 7190 Billund |
Former names
| Modulex ApS | – now |
| MODULEX A/S | – |
Employees per year
Other companies at the same address
- Modulex Danmark A/S Active
- Modulex Group ApS Active
Similar companies in Billund
- DEN6SIDE ApS Grindsted
Questions and answers about Modulex ApS
Has Modulex ApS gone bankrupt?
No, Modulex ApS is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of Modulex ApS?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the auditor of Modulex ApS?
Modulex ApS most recently used BDO Statsautoriseret Revisionspartnerselskab.
When was Modulex ApS founded?
Modulex ApS was founded on 30 January 1963.
What is the equity of Modulex ApS?
Equity was DKK 50.6m 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.