MINOR CHANGE GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 35855475
Bryghuspladsen 8, 1473 København K
tel: 26234442

Company information

Official name
MINOR CHANGE GROUP ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About MINOR CHANGE GROUP ApS

MINOR CHANGE GROUP ApS (CVR number: 35855475) is a company from KØBENHAVN. The company recorded a gross profit of 177.2 kDKK in 2024. The operating profit was -150.5 kDKK, while net earnings were -161.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.7 %, which can be considered poor and Return on Equity (ROE) was -69.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -60.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MINOR CHANGE GROUP ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit297.15276.0714.30326.24177.17
EBIT- 106.27-17.4452.98-1.20- 150.47
Net earnings- 109.41-23.3437.94-11.91- 161.86
Shareholders equity total-48.43-71.77-33.82-45.73- 207.59
Balance sheet total (assets)895.32242.77180.87334.07133.92
Net debt210.58140.4475.59200.28270.31
Profitability
EBIT-%
ROA-10.7 %-2.8 %20.0 %-0.4 %-41.7 %
ROE-13.2 %-4.1 %17.9 %-4.6 %-69.2 %
ROI-13.4 %-3.9 %27.1 %-0.5 %-47.5 %
Economic value added (EVA)- 150.55-53.0334.57-9.06- 162.90
Solvency
Equity ratio-5.1 %-22.8 %-15.8 %-12.0 %-60.8 %
Gearing-1445.5 %-278.7 %-558.7 %-640.8 %-163.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.80.90.4
Current ratio0.70.70.80.90.4
Cash and cash equivalents489.4259.56113.4092.7769.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-41.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-60.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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