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MODU Valves A/S

Public limited companyCVR 38306650VejleActive

MODU Valves A/S is a public limited company, based in Vejle, active in wholesale of hardware, heating equipment and supplies, founded in 2017. Net profit fell 93% from 2024 to 2025, ending at DKK 2.4m. With 36 employees, the company is about 5 times larger than the industry median. Equity fell to DKK 28.6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 25.9m−63.7% vs. 2024
Net profitDKK 2.4m−93.3% vs. 2024
EquityDKK 28.6m−38.1% vs. 2024
Employees36latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 64% (2024 → 2025), to DKK 25.9m.
  • Net profit fell 93% (2024 → 2025), to DKK 2.4m.
  • Equity fell 38% (2024 → 2025), to DKK 28.6m.

Employees

  • 4 fewer employees than a year earlier: 36 (07/2026) against 40 (07/2025).

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for MODU Valves A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit14,22412,36346,94240,51471,40525,943−63.7%
Operating profit (EBIT)4,3761,91030,16019,86947,3084,184−91.2%
Profit before tax4,2401,54728,76318,97746,0603,267−92.9%
Net profit3,3041,19822,41214,79035,8352,397−93.3%
Total assets30,30045,36987,12983,24068,47053,499−21.9%
Equity3,9825,18027,59222,38246,21728,614−38.1%
Liabilities26,31840,18359,49260,25922,13524,805+12.1%
Cash and cash equivalents0001397,27510−99.9%
Average number of employees181825313534−2.9%

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (219 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 38% from 2024 to 2025 (DKK 46.2m to DKK 28.6m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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 Valves A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202215/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202120/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/05/2021The 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
01020304008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

219 companies in the database

Comparison with the other companies in wholesale of hardware, heating equipment and supplies based on the latest financial year.

Gross profitDKK 25.9mNo. 33 of 217
Better than 85% of the companies in the industry
EquityDKK 28.6mNo. 37 of 219
Better than 83% of the companies in the industry
Number of employees36No. 32 of 219
Better than 86% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 840k, equity DKK 6.4m, 8 employees.

DKK 154kDKK 1.4mDKK 12.4mDKK 111.2mDKK 480.2mHere
Distribution of gross profit for 208 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 20–49 employees9,922 companies in the comparison
No. 1,802of 9,892
Better than 82%
No. 1,241of 9,922
Better than 88%
Same industry and 20–49 employees31 companies in the comparison
No. 12of 31
Better than 63%
No. 14of 31
Better than 57%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,495of 33,588
Better than 96%
No. 1,798of 33,687
Better than 95%
All companies of type A/S18,025 companies in the comparison
No. 4,888of 17,786
Better than 73%
No. 5,070of 18,024
Better than 72%

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

Wholesale of hardware, heating equipment and supplies
Gross profit
  1. MODU Valves A/SDKK 25.9m
  2. Saint-gobain Distribution Denmark A/SDKK 997.9m
  3. Ahlsell Danmark A/SDKK 730.1m
Net profit
  1. MODU Valves A/SDKK 2.4m
  2. Saint-gobain Distribution Denmark A/SDKK 4.7m
  3. Ahlsell Danmark A/S−DKK 26.6m
Equity
  1. MODU Valves A/SDKK 28.6m
  2. Saint-gobain Distribution Denmark A/SDKK 399.2m
  3. Ahlsell Danmark A/SDKK 611m
Employees
  1. MODU Valves A/S36
  2. Saint-gobain Distribution Denmark A/S822
  3. Ahlsell Danmark A/S764

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
  • Transworld Steel Enterprise CO., Ltd.20%
  • Henrik Aarup Svendsen Holding ApS33.33%
  • Ginvest ApS20%
  • Minvest 2022 ApS20%
MODU Valves A/S

Management

4 active registrations

Executive management

Executive management at MODU Valves A/S
NameRoleAppointed
Karl Henrik Aarup SvendsenDirector05/01/2017

Board of directors

Board of directors at MODU Valves A/S
NameRoleAppointed
Karl Henrik Aarup SvendsenBoard member05/01/2017
Magnus Althof Aarup SvendsenChair of the board29/04/2022
Gustav Althof Aarup SvendsenBoard member29/04/2022
Founders
Henrik Aarup Svendsen Holding ApS, Venerate Trading Limited, Gain Win Trading Co., Ltd
Former management (2)
Former management at MODU Valves A/S
NameRoleAppointedResigned
Hsu, Ker-Chiang (aka Max Hsu)Chair of the board05/01/201729/04/2022
Huang, Shih-YaoBoard member05/01/201729/04/2022

Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Ferrarivej 12
7100 Vejle

Vejle Municipality · Postcode 7100

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
MODU Valves A/SFerrarivej 12, 7100 Vejle361022063754

Purpose

Selskabets formål er handel og fabrikation samt al virksomhed som efter bestyrelsens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

28 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesaccounts 1 · name 1
  • Annual report for 2022 published
  • Name changed from Mars Valve Europe A/S to MODU Valves A/S
202214 changesmanagement 4 · accounts 1 · ownership 9
  • Magnus Althof Aarup Svendsen appointed chair of the board
  • Gustav Althof Aarup Svendsen appointed board member
  • Hsu, Ker-Chiang (aka Max Hsu) stepped down as chair of the board
  • Huang, Shih-Yao stepped down as board member
  • Annual report for 2021 published
  • MINVEST 2022 ApS registered as owner (20%)
  • HENRIK AARUP SVENDSEN HOLDING ApS registered as owner (33.33%)
  • GINVEST ApS registered as owner (20%)
  • HENRIK AARUP SVENDSEN HOLDING ApS is no longer registered as owner
  • Transworld Steel Enterprise CO., Ltd. registered as owner (20%)
  • HENRIK AARUP SVENDSEN HOLDING ApS registered as owner (66.67%)
  • Gain Win Trading Co., Ltd is no longer registered as owner
  • Venerate Trading Limited is no longer registered as owner
  • HENRIK AARUP SVENDSEN HOLDING ApS is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2020 published
20178 changesfounded 1 · management 4 · ownership 3
  • Registered as Mars Valve Europe A/S
  • Hsu, Ker-Chiang (aka Max Hsu) appointed chair of the board
  • Huang, Shih-Yao appointed board member
  • Karl Henrik Aarup Svendsen appointed board member
  • Karl Henrik Aarup Svendsen appointed director
  • HENRIK AARUP SVENDSEN HOLDING ApS registered as owner (50%)
  • Gain Win Trading Co., Ltd registered as owner (25%)
  • Venerate Trading Limited registered as owner (20%)

Related companies

Same industry in Vejle

See all →

Same people in management

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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