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Modu ApS

Private limited companyCVR 38857924København NActive

Modu ApS is a private limited company, based in København N, active in retail sale of games and toys, founded in 2017. Measured by gross profit, it ranks no. 8 of 86 companies in the industry in the database. With 12 employees, the company is about 4 times larger than the industry median. Equity grew to DKK 5.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 8.4m+21.7% vs. 2024
Net profitDKK 1.8m−1.2% vs. 2024
EquityDKK 5.7m+46.6% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 22% (2024 → 2025), to DKK 8.4m.
  • Net profit fell 1% (2024 → 2025), to DKK 1.8m.
  • Equity rose 47% (2024 → 2025), to DKK 5.7m.

Employees

  • 1 more employees than a year earlier: 12 (07/2026) against 11 (07/2025).

Registrations, last 24 months

  • 02/10/2025: Share capital changed from 58,748 DKK to 59,910 DKK
  • 01/09/2025: Moved to Nørrebrogade 14B, 1, 2200 København N

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
EquityNet profit
Financial figures for Modu ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,0962,2642,3223,2606,9138,412+21.7%
Operating profit (EBIT)6684532346032,9663,045+2.7%
Profit before tax575364472122,3662,357−0.4%
Net profit443283881631,8451,822−1.2%
Total assets3,1724,6186,66310,60619,50225,560+31.1%
Equity3601,8151,9032,0663,9115,734+46.6%
Liabilities2,8122,8034,6298,36115,08018,884+25.2%
Cash and cash equivalents56954869177−59.7%
Average number of employees566689+12.5%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
Gross profitMedian, the industry (86 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Modu ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202225/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202112/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/05/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

86 companies in the database

Comparison with the other companies in retail sale of games and toys based on the latest financial year.

Gross profitDKK 8.4mNo. 8 of 86
Better than 92% of the companies in the industry
EquityDKK 5.7mNo. 11 of 86
Better than 88% of the companies in the industry
Number of employees12No. 13 of 86
Better than 86% of the companies in the industry

Industry median: gross profit DKK 1m, net profit DKK 92,962, equity DKK 455k, 3 employees.

DKK 100kDKK 448kDKK 2mDKK 9mDKK 24.4mHere
Distribution of gross profit for 76 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 6,408of 69,742
Better than 91%
No. 12,953of 69,964
Better than 81%
Same industry and fewer than 20 employees73 companies in the comparison
No. 2of 73
Better than 99%
No. 4of 73
Better than 96%
Companies that are between 5 and 14 years old33,679 companies in the comparison
No. 5,227of 33,579
Better than 84%
No. 5,525of 33,678
Better than 84%
All companies of type ApS66,508 companies in the comparison
No. 7,576of 66,379
Better than 89%
No. 10,198of 66,505
Better than 85%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Retail sale of games and toys
Gross profit
  1. Modu ApSDKK 8.4m
  2. Faraos Cigarer ApSDKK 40.3m
  3. Temashop ApSDKK 39.8m
Net profit
  1. Modu ApSDKK 1.8m
  2. Faraos Cigarer ApSDKK 169k
  3. Temashop ApSDKK 10.3m
Equity
  1. Modu ApSDKK 5.7m
  2. Faraos Cigarer ApSDKK 26.3m
  3. Temashop ApSDKK 34.1m
Employees
  1. Modu ApS12
  2. Faraos Cigarer ApS192
  3. Temashop ApS105

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Peter Sandberg Management ApS5%
  • Theo Ginman Holding ApS33.33%
  • JensenGroup Investment Fund K/S5%
  • Jonathan Rasmussen Holding ApS33.33%
Modu ApS

Management

6 active registrations

Executive management

Executive management at Modu ApS
NameRoleAppointed
Theo Fischer GinmanDirector16/08/2017
Jonathan RasmussenDirector16/08/2017

Board of directors

Board of directors at Modu ApS
NameRoleAppointed
Steen Ulf JensenChair of the board27/12/2017
Theo Fischer GinmanBoard member27/12/2017
Jonathan RasmussenBoard member27/12/2017
Jesper Holst SchmidtBoard member12/08/2021
Founders
Theo Ginman Holding ApS, Jonathan Rasmussen Holding II IVS
Former management (1)
Former management at Modu ApS
NameRoleAppointedResigned
Peter SandbergBoard member27/12/201729/12/2020

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Nørrebrogade 14B
2200 København N

København Municipality · Postcode 2200

Production units
Production unitAddressEmployeesP number
MODU ApSNørrebrogade 14B, 1, 2200 København N111022749737

Purpose

Selskabets formål er at udvikle, producere og markedsføre modulære legetøjsprodukter til børn i alle aldre.

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changescapital 1 · address 1 · accounts 1
  • Share capital changed from 58,748 DKK to 59,910 DKK
  • Moved to Nørrebrogade 14B, 1, 2200 København N
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changescapital 1 · management 1 · accounts 1
  • Share capital changed from 57,582 DKK to 58,748 DKK
  • Jesper Holst Schmidt appointed board member
  • Annual report for 2020 published
20202 changesmanagement 1 · address 1
  • Peter Sandberg stepped down as board member
  • Moved to Vester Voldgade 102, st. tv, 1552 København V
20192 changescapital 1 · address 1
  • Share capital changed from 55,556 DKK to 57,582 DKK
  • Moved to Vester Voldgade 102, st. tv, 1552 København V
20185 changesownership 4 · name 1
  • Jonathan Rasmussen Holding ApS registered as owner (33.33%)
  • Jonathan Rasmussen Holding II IVS is no longer registered as owner
  • Name changed from Ginman-Rasmussen Toys ApS to MODU ApS
  • JensenGroup Investment Fund K/S registered as owner (5%)
  • JENSENGROUP MEDIA HOLDING ApS is no longer registered as owner
201717 changesname 1 · capital 1 · management 6 · ownership 8 · founded 1
  • Name changed from Ginman-Rasmussen Toys IVS to Ginman-Rasmussen Toys ApS
  • Share capital changed from 1 DKK to 55,556 DKK
  • Steen Ulf Jensen appointed chair of the board
  • Theo Fischer Ginman appointed board member
  • Jonathan Rasmussen appointed board member
  • Peter Sandberg appointed board member
  • Jonathan Rasmussen Holding II IVS registered as owner (33.33%)
  • Theo Ginman Holding ApS registered as owner (33.33%)
  • Peter Sandberg Management ApS registered as owner (5%)
  • JENSENGROUP MEDIA HOLDING ApS registered as owner (5%)
  • Theo Ginman Holding ApS is no longer registered as owner
  • Jonathan Rasmussen Holding II IVS is no longer registered as owner
  • Registered as Ginman-Rasmussen Toys IVS
  • Jonathan Rasmussen appointed director
  • Theo Fischer Ginman appointed director
  • Theo Ginman Holding ApS registered as owner (50%)
  • Jonathan Rasmussen Holding II IVS registered as owner (50%)

Related companies

Same industry in København

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Same people in management

Largest in the industry

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Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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