Riskpilot← Back to searchSign inGet full accessMODO AS
ASActiveOrg 990127883Langelandsvegen 25, 6010 ÅlesundRetail sale of clothing · NACE 4771Est. 200626 employeeswww.modo.as
Revenue 2024
NOK 48,2M
-2% vs 2023
EBITDA margin
11.2%
-12% vs 2023
Equity ratio
43.3%
Financial strength
Net profit 2024
NOK 3,9M
-13% vs 2023
| Revenue | NOK 48,2M | -2% |
| EBITDA | NOK 5,4M | -12% |
| Net profit | NOK 3,9M | -13% |
| Total assets | NOK 22,6M | -1% |
| Equity | NOK 9,8M | +24% |
| Employees | 26 | — |
Legal name
MODO AS
Org number
990127883
Legal form
Aksjeselskap
NACE code
4771 · Retail sale of clothing
Founded
12. august 2006
Share capital
NOK 500 000
Employees
26 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Butikkhandel med dame- og herreklær i trendsegmentet.
Address
Langelandsvegen 25, 6010 Ålesund
Phone
+4771481449
Email
info@modo.coop
Website
www.modo.as
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| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 641 | 5 538 | 7 025 | 8 762 | 13 248 | 19 869 | 22 421 | 27 407 | 25 233 | 24 417 | 24 383 | 29 267 | 32 894 | 42 875 | 48 511 | 49 112 | 48 173 |
| Staff expenses | −860 | −908 | −1 046 | −1 547 | −2 036 | −3 049 | −3 634 | −4 288 | −4 074 | −4 292 | −4 797 | −5 776 | −5 516 | −5 939 | −6 806 | −5 900 | −6 256 |
| EBITDA | 166 | 588 | 606 | 192 | 1 178 | 2 813 | 2 509 | 2 962 | 3 502 | 1 203 | 719 | −1 581 | 2 541 | 5 574 | 3 306 | 6 101 | 5 399 |
| Depreciation & amort. | −36 | −34 | −31 | −39 | −56 | −166 | −199 | −210 | −226 | −211 | −195 | −109 | −171 | −379 | −359 | −336 | −389 |
| EBIT | 130 | 554 | 575 | 153 | 1 122 | 2 647 | 2 310 | 2 751 | 3 276 | 992 | 524 | −1 691 | 2 371 | 5 195 | 2 946 | 5 765 | 5 009 |
| Net financials | −20 | −10 | −8 | −23 | −42 | −151 | −104 | −175 | −390 | −109 | −52 | −260 | −20 | −21 | −48 | −18 | −19 |
| Profit before tax | 111 | 544 | 567 | 130 | 1 080 | 2 496 | 2 206 | 2 576 | 2 886 | 883 | 472 | −1 951 | 2 351 | 5 174 | 2 899 | 5 747 | 4 990 |
| Tax | 31 | 152 | 160 | 39 | 302 | 705 | 596 | 722 | 737 | 218 | 116 | −427 | 519 | 1 138 | 638 | 1 266 | 1 103 |
| Net profit | 80 | 391 | 408 | 91 | 778 | 1 791 | 1 609 | 1 855 | 2 149 | 665 | 356 | −1 524 | 1 832 | 4 035 | 2 260 | 4 481 | 3 888 |
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 1 504 | 2 086 | 2 514 | 3 494 | 4 613 | 7 814 | 9 545 | 10 931 | 11 903 | 12 681 | 13 501 | 12 835 | 15 881 | 21 127 | 21 120 | 22 858 | 22 555 |
| Equity | 681 | 792 | 999 | 1 090 | 1 868 | 3 360 | 4 769 | 5 623 | 7 773 | 8 438 | 8 794 | 7 270 | 7 102 | 9 137 | 9 397 | 7 878 | 9 766 |
| Long-term debt | 2 | 0 | 0 | 94 | 526 | 241 | 78 | 0 | 0 | 0 | 0 | 0 | 27 | 0 | 0 | 0 | 0 |
| Short-term debt | 821 | 1 294 | 1 515 | 2 309 | 2 219 | 4 213 | 4 699 | 5 308 | 4 130 | 4 243 | 4 707 | 5 565 | 8 752 | 11 990 | 11 723 | 14 980 | 12 788 |
| Total debt | 823 | 1 294 | 1 515 | 2 403 | 2 745 | 4 454 | 4 776 | 5 308 | 4 130 | 4 243 | 4 707 | 5 565 | 8 779 | 11 990 | 11 723 | 14 980 | 12 788 |
EBITDA margin
11.2%
This company
15.8%
Market median
-29% vs market
20082024
Equity ratio
43.3%
This company
38.2%
Market median
+13% vs market
20082024
Return on equity
39.8%
This company
18.4%
Market median
+116% vs market
20082024
Net profit margin
8.1%
This company
8.1%
Market median
+0% vs market
20082024
Asset turnover
2.14×
This company
1.12×
Market median
+91% vs market
20082024
Debt / equity
1.31×
This company
0.62×
Market median
-111% vs market
20082024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
HE Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2019 | — | — | |
| Chairman | 2019 | — | — | |
| Board of Directors | 2019 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 48.0% | 48.0% | 2022 | |
Chris Holding As | Company | 42.0% | 42.0% | 2024 |
Avsethgruppen As | Company | 10.0% | 10.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Chris Holding As
MODO AS Board members of MODO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Håkon Engen Avseth | Chief Executive Officer | 0 companies |
| Else Karin Aakernes | Board of Directors | 0 companies |
| Christer Aakernes | Chairman | 0 companies |
| Alexander Håvard Granmo Kobbevik | Board of Directors | 0 companies |