MODO AS

MODO AS is registered as a limited company in Ålesund, Møre og Romsdal with organisation number 990127883. The business is classified under retail sale of clothing (NACE 47.710). The company was incorporated in 2006 and has 26 registered employees. Registered share capital is NOK 500,000, divided into 500 shares. The company's stated purpose is: “Butikkhandel med dame- og herreklær i trendsegmentet.”. The most recent filed accounts, for the 2024 financial year, show NOK 48.2m in revenue and NOK 5.0m in operating profit.

Key figures · 2024

Revenue

NOK 48.2m

Operating profit

NOK 5.0m

Equity

NOK 9.8m

Est. value

NOK 21.1m

Financial health · 2024

Liquidity

1.69

Good

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

43.3%

Very good

Equity as a share of total capital

Who owns MODO AS?

ALEXANDER HÅVARD GRANMO KOBBEVIK

48.0%

MODO AS

NOK 48.2m rev. · NOK 5.0m profit

MODO AS has 3 registered shareholders:

• ALEXANDER HÅVARD GRANMO KOBBEVIK 48.0%
• CHRIS HOLDING AS 42.0%
• AVSETHGRUPPEN AS 10.0%

All shareholders and roles →

Which companies does MODO AS own?

MODO AS holds a stake in 1 company:

• KIPERVIKGATA 15 AS 100.0%

See the full ownership structure →

Frequently asked questions about MODO AS

Who owns MODO AS?

ALEXANDER HÅVARD GRANMO KOBBEVIK is the largest registered owner, with 48.0%.

What is the revenue of MODO AS?

MODO AS had revenue of NOK 48.2m in 2024.

Who is the general manager of MODO AS?

Håkon Engen Avseth is registered as general manager of MODO AS.

Where is MODO AS based?

MODO AS has its business address in Ålesund.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.