BIZTRAC BETA
COMPANY REGISTER PROFILE
990127883 ORG. NO. 2025 ACCOUNTS 9 SECTIONS
Active UPDATED 02.09.2026
Retail sale of clothing

MODO AS

Org. no. 990127883 Limited company (AS) Ålesund Incorporated 2006 Active
Ownership graph ↗
Revenue 2025 NOK 49.6m
Operating profit NOK 3.6m
Equity NOK 10.9m
Incorporated 2006
Employees 22
Share capital NOK 500,000

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 22 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 2025 financial year, show NOK 49.6m in revenue and NOK 3.6m in operating profit.

Key figures · 2025

Revenue
NOK 49.6m
▲ +3 %
Operating profit
NOK 3.6m
▼ −29 %
Equity
NOK 10.9m
▲ +11 %
Est. value
NOK 19.3m

Financial health · 2025

Liquidity
1.78
Good
Current assets ÷ current liabilities
Profitability
14.9%
Good
Return on total assets
Solidity
41.7%
Very good
Equity as a share of total capital

Who owns MODO AS?

MODO AS has 3 registered shareholders:

All shareholders and roles →

Which companies does MODO AS own?

MODO AS holds a stake in 1 company:

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 49.6m in 2025.

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.

Property

Business address Langelandsvegen 25, 6010 Ålesund
Cadastral unit 1508-25/70/0/0

23 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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