House of Change ApS — Credit Rating and Financial Key Figures

CVR number: 36015578
Hovgårdsparken 78 F, 3060 Espergærde
faktura@dd-fsa.dk
tel: 31451907
www.dd-fsa.dk
Free credit report Annual report

Company information

Official name
House of Change ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About House of Change ApS

House of Change ApS (CVR number: 36015578) is a company from HELSINGØR. The company recorded a gross profit of 174.3 kDKK in 2024. The operating profit was -666.5 kDKK, while net earnings were -665.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.4 %, which can be considered poor and Return on Equity (ROE) was -79.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. House of Change ApS's liquidity measured by quick ratio was 9.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 283.251 447.061 071.561 381.59174.31
EBIT227.81350.73-9.01356.55- 666.49
Net earnings178.23261.69-11.00274.67- 665.75
Shareholders equity total920.901 127.291 059.101 233.77446.02
Balance sheet total (assets)1 127.381 316.241 231.441 391.53495.83
Net debt- 886.06-1 014.98- 542.99-1 101.02- 429.44
Profitability
EBIT-%
ROA22.7 %28.7 %-0.7 %27.2 %-70.4 %
ROE20.8 %25.6 %-1.0 %24.0 %-79.3 %
ROI26.7 %34.2 %-0.8 %31.1 %-79.1 %
Economic value added (EVA)137.56222.44-63.75221.15- 728.49
Solvency
Equity ratio81.7 %85.6 %86.0 %88.7 %90.0 %
Gearing0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.06.54.28.29.2
Current ratio5.06.54.28.29.2
Cash and cash equivalents887.641 016.62542.991 101.02429.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-70.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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