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Modulex ApS

Private limited companyCVR 66772616BillundActive

Modulex ApS is a private limited company, based in Billund, active in manufacture of other fabricated metal products n.e.c., founded in 1963. Net profit fell 43% from 2024 to 2025, ending at DKK 12.3m. Measured by gross profit, it ranks no. 6 of 220 companies in the industry in the database. With 54 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 238.6m+7.3% vs. 2024
Net profitDKK 12.3m−42.8% vs. 2024
EquityDKK 31.6m−32.1% vs. 2024
Employees54latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 3% (2024 → 2025), to DKK 98.3m.
  • Revenue rose 7% (2024 → 2025), to DKK 238.6m.
  • Net profit fell 43% (2024 → 2025), to DKK 12.3m.
  • Equity fell 32% (2024 → 2025), to DKK 31.6m.

Employees

  • 8 fewer employees than a year earlier: 54 (07/2026) against 62 (07/2025).

Management and owners, last 24 months

  • Stepped down: Ketil Mølbach Staalesen (board member, 16/12/2025), Søren Sonne (chair of the board, 16/12/2025) and Philippa Clare Brown (board member, 16/12/2025) (+2).

Registrations, last 24 months

  • 16/12/2025: Name changed from MODULEX A/S to Modulex ApS

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 Modulex ApS
202020212022202320242025Change
Revenue160,550195,049216,594181,524222,360238,558+7.3%
Gross profit51,99967,03571,29870,24995,46698,256+2.9%
Operating profit (EBIT)−2,9547,57011,66918,92826,19917,065−34.9%
Profit before tax5,76612,87711,23627,54626,40515,671−40.7%
Net profit5,30010,5198,65628,41021,50612,306−42.8%
Total assets90,335107,429105,931123,254102,152130,819+28.1%
Equity27,96838,61134,19454,48746,57631,632−32.1%
Liabilities59,29965,80766,09063,43449,30993,053+88.7%
Cash and cash equivalents29,40817,22815,58026,86419,22531,638+64.6%
Average number of employees165164–8993129+38.7%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (220 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 32% from 2024 to 2025 (DKK 46.6m to DKK 31.6m).

    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 Modulex ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/05/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202318/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202223/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202112/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202004/05/2021The groupPDFXBRL

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
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

220 companies in the database

Comparison with the other companies in manufacture of other fabricated metal products n.e.c. based on the latest financial year.

Gross profitDKK 98.3mNo. 6 of 220
Better than 98% of the companies in the industry
EquityDKK 31.6mNo. 22 of 220
Better than 90% of the companies in the industry
Number of employees54No. 5 of 220
Better than 98% of the companies in the industry

Industry median: gross profit DKK 7.1m, net profit DKK 696k, equity DKK 4.5m, 10 employees.

DKK 318kDKK 1.9mDKK 11mDKK 64.9mDKK 211.7mHere
Distribution of gross profit for 216 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 50–199 employees4,467 companies in the comparison
No. 694of 4,412
Better than 84%
No. 1,684of 4,466
Better than 62%
Same industry and 50–199 employees22 companies in the comparison
No. 2of 22
Better than 95%
No. 12of 22
Better than 48%
Companies that are at least 30 years old10,276 companies in the comparison
No. 860of 10,152
Better than 92%
No. 2,675of 10,275
Better than 74%
All companies of type ApS66,508 companies in the comparison
No. 311of 66,379
Better than 100%
No. 3,033of 66,505
Better than 95%

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

Manufacture of other fabricated metal products n.e.c.
Gross profit
  1. Modulex ApSDKK 98.3m
  2. Mekoprint A/SDKK 382.3m
  3. A/S Løgstrup SteelDKK 245.8m
Net profit
  1. Modulex ApSDKK 12.3m
  2. Mekoprint A/S−DKK 7.4m
  3. A/S Løgstrup SteelDKK 102.3m
Equity
  1. Modulex ApSDKK 31.6m
  2. Mekoprint A/SDKK 194.8m
  3. A/S Løgstrup SteelDKK 422m
Employees
  1. Modulex ApS54
  2. Mekoprint A/S457
  3. A/S Løgstrup Steel272

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
Modulex ApS

Management

1 active registrations

Executive management

Executive management at Modulex ApS
NameRoleAppointed
Ketil Mølbach StaalesenCEO01/02/2019
Former management (62)
Former management at Modulex ApS
NameRoleAppointedResigned
Hans Jakob HenningsenBoard member30/01/196328/06/1990
Christian Foldberg RovsingBoard member30/01/196315/05/2000
Kjeld Kirk KristiansenChair of the board30/01/196322/05/1997
Kari TangBoard member30/01/196325/11/1991
Arne PaghDeputy board member30/01/196307/06/1994
Finn DahlgaardBoard member30/01/196315/05/2000
Finn DahlgaardDirector30/01/196320/10/1993
Finn DrachmannDirector30/01/196331/05/2005
Eva RafnBoard member30/01/196307/06/1994
Peter OlsenBoard member30/01/196321/03/1995
Kim PedersenBoard member30/01/196327/03/2014
Klaus HougaardBoard member30/01/196318/06/1998
Godtfred Kirk ChristiansenChair of the board30/01/196327/05/1991
Malling Alminde NielsenBoard member30/01/196307/06/1994
Niels Erik LundvigDirector30/01/196327/05/1991
Stig ChristensenChair of the board22/05/199718/05/1999
Erik Knudsen StarupBoard member18/06/199817/05/2002
Hans-Henrik PetersenDeputy board member18/06/199817/05/2002
Vagn Holck-AndersenBoard member18/05/199918/05/2001
Bent PedersenChair of the board18/05/199931/12/2006
Carsten JørgensenBoard member15/05/200015/12/2003
Finn AndersenDirector18/05/200123/01/2004
Flemming Schandorff KnudsenBoard member18/05/200115/05/2006
Keld SengeløvDeputy chair18/05/200104/09/2006
Eric Michael KirwanDirector18/05/200113/11/2008
Hans Christian StrandhaveDeputy board member17/05/200227/06/2006
Anders BrixBoard member20/03/200515/01/2009
Jørgen Peter SørensenCEO31/05/200530/09/2008
Lisbeth FeggeDeputy board member27/06/200628/04/2010
Claus Søberg LarsenBoard member27/06/200623/09/2010
Kim Graven NielsenDeputy chair21/12/200631/08/2007
Jens Jesper OvesenChair of the board01/01/200712/12/2007
Bjarne Engbjerg-PedersenBoard member31/08/200715/01/2009
Christian IversenChair of the board12/12/200715/01/2009
Henrik Kraft ScharlingCEO01/10/200831/07/2010
Hans-Christian OhrtBoard member15/01/200920/12/2011
Søren SchøllhammerBoard member15/01/200920/12/2011
Peter ThorsenChair of the board15/01/200924/10/2016
Søren LindgaardBoard member15/01/200927/03/2014
Casper Kirk JohansenBoard member25/03/200924/10/2016
Jens Kristian Jensen NørbygårdDeputy board member28/04/201027/03/2014
Lars Hynding PaulsenBoard member28/04/201027/03/2014
Inge Storm SpickerDeputy board member28/04/201027/03/2014
Henrik Kraft ScharlingBoard member31/07/201030/05/2013
Søren BendtCEO01/08/201028/08/2014
Jenni Nisted Møller ChristensenBoard member23/09/201027/03/2014
Per FeldthausBoard member24/04/201227/03/2014
Steen Agerbo BødtkerBoard member24/04/201227/03/2014
Jens Alfred IversenBoard member27/03/201423/10/2016
Jens BrinkmannCEO28/08/201412/01/2015
Eric Michael KirwanCEO12/01/201501/02/2019
Claus Schneider VittingBoard member24/10/201623/10/2018
Jens Alfred IversenChair of the board24/10/201610/03/2019
Jens Guldbrand HansenBoard member24/10/201609/01/2024
Eric Michael KirwanBoard member24/10/201601/02/2019
Peter NikolajsenBoard member23/10/201822/08/2019
Ketil Mølbach StaalesenBoard member01/02/201916/12/2025
Søren SonneChair of the board11/03/201916/12/2025
Jens Alfred IversenBoard member11/03/201909/01/2024
Philippa Clare BrownBoard member09/01/202416/12/2025
Jesper AndersenBoard member19/03/202416/12/2025
Steffen Balle JensenBoard member16/10/202416/12/2025

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Kløvervej 95
7190 Billund

Billund Municipality · Postcode 7190

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Modulex ApSKløvervej 95, 7190 Billund531003163466

Purpose

Selskabets formål er at drive handel, fabrikation, produktudvikling og anden hermed forbunden virksomhed både direkte og gennem andre selskaber, sammenslutninger og/eller personer. Det er derudover selskabets formål at udøve enhver form for aktivitet, som efter bestyrelsens skøn er egnet til at fremme et eller flere af forannævnte mål

The purpose is quoted from the register in Danish.

Changes year by year

166 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20257 changesname 1 · management 5 · accounts 1
  • Name changed from MODULEX A/S to Modulex ApS
  • Steffen Balle Jensen stepped down as board member
  • Jesper Andersen stepped down as board member
  • Philippa Clare Brown stepped down as board member
  • Søren Sonne stepped down as chair of the board
  • Ketil Mølbach Staalesen stepped down as board member
  • Annual report for 2024 published
20246 changesmanagement 5 · accounts 1
  • Steffen Balle Jensen appointed board member
  • Annual report for 2023 published
  • Jesper Andersen appointed board member
  • Philippa Clare Brown appointed board member
  • Jens Alfred Iversen stepped down as board member
  • Jens Guldbrand Hansen stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20216 changesaddress 1 · accounts 1 · ownership 4
  • Moved to Kløvervej 95, 7190 Billund
  • Annual report for 2020 published
  • Modulex Group ApS registered as owner (100%)
  • KMS Invest LTD is no longer registered as owner
  • Thorsen Equity ApS is no longer registered as owner
  • VON SCHNEIDER INVEST ApS is no longer registered as owner
20202 changesownership 2
  • KMS Invest LTD registered as owner (33.33%)
  • KMS Invest LLC is no longer registered as owner
201916 changesaddress 1 · capital 2 · ownership 5 · management 8
  • Moved to Kløvervej 95, 7190 Billund
  • Share capital changed from 7,909,000 DKK to 11,000,000 DKK
  • Thorsen Equity ApS registered as owner (50%)
  • KMS Invest LLC registered as owner (25%)
  • SELMONT A/S is no longer registered as owner
  • GULDBRAND HOLDING, BILLUND ApS is no longer registered as owner
  • Thorsen Equity ApS is no longer registered as owner
  • Peter Nikolajsen stepped down as board member
  • Share capital changed from 20,809,898 DKK to 7,909,000 DKK
  • Jens Alfred Iversen appointed board member
  • Søren Sonne appointed chair of the board
  • Jens Alfred Iversen stepped down as chair of the board
  • Ketil Mølbach Staalesen appointed board member
  • Ketil Mølbach Staalesen appointed ceo
  • Eric Michael Kirwan stepped down as board member
  • Eric Michael Kirwan stepped down as ceo
20185 changesmanagement 2 · address 1 · capital 1 · ownership 1
  • Peter Nikolajsen appointed board member
  • Claus Schneider Vitting stepped down as board member
  • Moved to Kløvermarken 35, 7190 Billund
  • Share capital changed from 18,500,000 DKK to 20,809,898 DKK
  • Peter Thorsen is no longer registered as owner
20171 changecapital 1
  • Share capital changed from 18,375,000 DKK to 18,500,000 DKK
20169 changesmanagement 7 · address 2
  • Claus Schneider Vitting appointed board member
  • Eric Michael Kirwan appointed board member
  • Jens Guldbrand Hansen appointed board member
  • Jens Alfred Iversen appointed chair of the board
  • Casper Kirk Johansen stepped down as board member
  • Peter Thorsen stepped down as chair of the board
  • Jens Alfred Iversen stepped down as board member
  • Moved to Kløvermarken 35, 7190 Billund
  • Moved to Kløvermarken 35, 7190 Billund
20154 changescapital 1 · ownership 1 · management 2
  • Share capital changed from 16,893,900 DKK to 18,375,000 DKK
  • VON SCHNEIDER INVEST ApS registered as owner (5%)
  • Eric Michael Kirwan appointed ceo
  • Jens Brinkmann stepped down as ceo
201415 changesmanagement 11 · capital 1 · ownership 3
  • Jens Brinkmann appointed ceo
  • Søren Bendt stepped down as ceo
  • Share capital changed from 27,292,000 DKK to 16,893,900 DKK
  • SELMONT A/S registered as owner (5%)
  • GULDBRAND HOLDING, BILLUND ApS registered as owner (5%)
  • Thorsen Equity ApS registered as owner (66.67%)
  • Jens Alfred Iversen appointed board member
  • Per Feldthaus stepped down as board member
  • Steen Agerbo Bødtker stepped down as board member
  • Jenni Nisted Møller Christensen stepped down as board member
  • Jens Kristian Jensen Nørbygård stepped down as deputy board member
  • Inge Storm Spicker stepped down as deputy board member
  • Lars Hynding Paulsen stepped down as board member
  • Søren Lindgaard stepped down as board member
  • Kim Pedersen stepped down as board member
20131 changemanagement 1
  • Henrik Kraft Scharling stepped down as board member
20123 changesmerger 1 · management 2
  • Merger registered in CVR
  • Per Feldthaus appointed board member
  • Steen Agerbo Bødtker appointed board member
20115 changescapital 2 · management 2 · merger 1
  • Share capital changed from 26,200,000 DKK to 27,292,000 DKK
  • Hans-Christian Ohrt stepped down as board member
  • Søren Schøllhammer stepped down as board member
  • Share capital changed from 26,000,000 DKK to 26,200,000 DKK
  • Merger registered in CVR
20109 changesmanagement 9
  • Jenni Nisted Møller Christensen appointed board member
  • Claus Søberg Larsen stepped down as board member
  • Søren Bendt appointed ceo
  • Henrik Kraft Scharling appointed board member
  • Henrik Kraft Scharling stepped down as ceo
  • Jens Kristian Jensen Nørbygård appointed deputy board member
  • Inge Storm Spicker appointed deputy board member
  • Lars Hynding Paulsen appointed board member
  • Lisbeth Fegge stepped down as deputy board member
200910 changesmanagement 8 · capital 1 · ownership 1
  • Casper Kirk Johansen appointed board member
  • Share capital changed from 25,000,000 DKK to 26,000,000 DKK
  • Hans-Christian Ohrt appointed board member
  • Søren Lindgaard appointed board member
  • Peter Thorsen appointed chair of the board
  • Søren Schøllhammer appointed board member
  • Christian Iversen stepped down as chair of the board
  • Bjarne Engbjerg-Pedersen stepped down as board member
  • Anders Brix stepped down as board member
  • Peter Thorsen registered as owner (66.67%)
20084 changesmanagement 3 · industry 1
  • Eric Michael Kirwan stepped down as director
  • Henrik Kraft Scharling appointed ceo
  • Jørgen Peter Sørensen stepped down as ceo
  • Industry changed to Manufacture of other fabricated metal products n.e.c. (259900)
20077 changesmanagement 5 · capital 1 · address 1
  • Christian Iversen appointed chair of the board
  • Jens Jesper Ovesen stepped down as chair of the board
  • Share capital changed from 20,000,000 DKK to 25,000,000 DKK
  • Bjarne Engbjerg-Pedersen appointed board member
  • Kim Graven Nielsen stepped down as deputy chair
  • Moved to Kløvervej 101, 7190 Billund
  • Jens Jesper Ovesen appointed chair of the board
20067 changesmanagement 7
  • Bent Pedersen stepped down as chair of the board
  • Kim Graven Nielsen appointed deputy chair
  • Keld Sengeløv stepped down as deputy chair
  • Claus Søberg Larsen appointed board member
  • Lisbeth Fegge appointed deputy board member
  • Hans Christian Strandhave stepped down as deputy board member
  • Flemming Schandorff Knudsen stepped down as board member
20053 changesmanagement 3
  • Jørgen Peter Sørensen appointed ceo
  • Finn Drachmann stepped down as director
  • Anders Brix appointed board member
20042 changesmerger 1 · management 1
  • Merger registered in CVR
  • Finn Andersen stepped down as director
20031 changemanagement 1
  • Carsten Jørgensen stepped down as board member
20023 changesmanagement 3
  • Hans Christian Strandhave appointed deputy board member
  • Erik Knudsen Starup stepped down as board member
  • Hans-Henrik Petersen stepped down as deputy board member
20015 changesmanagement 5
  • Finn Andersen appointed director
  • Eric Michael Kirwan appointed director
  • Keld Sengeløv appointed deputy chair
  • Flemming Schandorff Knudsen appointed board member
  • Vagn Holck-Andersen stepped down as board member
20004 changesmanagement 3 · capital 1
  • Carsten Jørgensen appointed board member
  • Christian Foldberg Rovsing stepped down as board member
  • Finn Dahlgaard stepped down as board member
  • Share capital changed from 15,000,000 DKK to 20,000,000 DKK
19993 changesmanagement 3
  • Bent Pedersen appointed chair of the board
  • Vagn Holck-Andersen appointed board member
  • Stig Christensen stepped down as chair of the board
19983 changesmanagement 3
  • Erik Knudsen Starup appointed board member
  • Hans-Henrik Petersen appointed deputy board member
  • Klaus Hougaard stepped down as board member
19971 changemanagement 1
  • Stig Christensen appointed chair of the board
19951 changemanagement 1
  • Peter Olsen stepped down as board member
19943 changesmanagement 3
  • Malling Alminde Nielsen stepped down as board member
  • Eva Rafn stepped down as board member
  • Arne Pagh stepped down as deputy board member
19932 changesmanagement 1 · capital 1
  • Finn Dahlgaard stepped down as director
  • Share capital changed from 10,000,000 DKK to 15,000,000 DKK
19912 changesmanagement 2
  • Niels Erik Lundvig stepped down as director
  • Godtfred Kirk Christiansen stepped down as chair of the board
196313 changesfounded 1 · management 12
  • Registered as MODULEX A/S
  • Christian Foldberg Rovsing appointed board member
  • Niels Erik Lundvig appointed director
  • Malling Alminde Nielsen appointed board member
  • Godtfred Kirk Christiansen appointed chair of the board
  • Klaus Hougaard appointed board member
  • Kim Pedersen appointed board member
  • Peter Olsen appointed board member
  • Eva Rafn appointed board member
  • Finn Drachmann appointed director
  • Finn Dahlgaard appointed director
  • Finn Dahlgaard appointed board member
  • Arne Pagh appointed deputy board member

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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.

View in CVRReport a correction